Housing Wire

MAY 14, 2024

The firm attributed its stronger results to better performance from both its F&G segment and its title insurance segment. In the scenario where more inventory comes into the market and rates come down, we are well positioned to capture upside to last year’s performance,” Nolan added. The firm’s title segment reported $1.7

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Insurance Real Estate Sellers Housing Market 476

Housing Wire

FEBRUARY 28, 2025

Why sales are falling through Redfin said several factors are contributing to the spike in failed transactions: Rising supply , falling demand : Housing inventory has climbed to its highest level since 2020, giving buyers more choices. These markets remain seller-friendly, with low inventory and limited buyer alternatives.

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HOA Inspection Buyers Real Estate Agent 353

Housing Wire

SEPTEMBER 29, 2023

Even with demand buoyed by a sparse housing inventory, growing financial challenges for buyers are forcing home sellers to cut prices to close deals, a new Redfin research report found. Available inventory of home for sale is ticking up Hence, homebuyers are encouraged to negotiate with sellers, who seem willing to make concessions.

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Sellers Buyers Inventory Real Estate Agent 516

Housing Wire

APRIL 30, 2023

The spring housing market music is playing, and purchase application data and active listing inventory rose together last week. The fear of not having an increase in inventory this spring should be put to rest. Since 2020, the seasonal inventory bump has happened later than usual — not until March or April.

Inventory 525

Inventory Housing Market Marketing New Listings 525

Appraisal Buzz

JULY 24, 2024

This trend is contributing to a glut of unsold inventory. The total number of homes for sale recorded its largest year-over-year gain in June, as listings remain on the market longer, causing inventory to accumulate. My advice to serious sellers is to price fairly and make cosmetic repairs before listing.”

Inventory 435

Inventory Marketing HOA Contracts 435

Appraisal Buzz

DECEMBER 30, 2024

Housing inventory will likely still be low in 2025, and demand could increase. If youre prepared financially, then its a good time to buy a homeeven if inventory is limited and interest rates are high. If youre not financially prepared, its not a good time, even if theres plenty of inventory and rates are down.

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Housing Market Marketing Inventory Real Estate 363

Housing Wire

NOVEMBER 4, 2024

Finding an agent Like 43% of homebuyers , I began my search online, as I worked to get a sense for what the inventory in my preferred areas and in my price range looked like. I wanted to make sure I was comfortable with what the inventory in my price range might look like before I began taking up an agent’s valuable time.

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Agents Inspection Real Estate Sellers 435

Housing Wire

JULY 17, 2023

With real estate inventory at a near-record low, buyers seeking a place to call home are facing stiff competition as bidding wars continue to be commonplace. Secret Service reported a steep rise in seller impersonation in an advisory it issued this year. There are several ways title professionals can verify a seller’s identity.

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Sellers Real Estate Agent Real Estate Insurance 370

Housing Wire

JUNE 25, 2023

Summer is here, and housing inventory is finally growing! The spring housing inventory was like a zombie rising from the grave, very slow, but the summer is showing some promise and let’s hope it continues. Here’s a quick rundown of the last week: Active inventory grew 8,886 weekly.

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Inventory Housing Market Marketing New Listings 435

Appraisal Buzz

DECEMBER 30, 2024

Theres a lot of inventory, but it doesnt feel like enough, said Meme Loggins, a Redfin Premier Real Estate Agent in Portland, Oregon. I explain to sellers that their house will sit on the market if its not fairly priced. States With the Highest Inventory In Miami, 63.8% In Portland, 58.7% metropolitan areas. In Tampa, 56.9%

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HOA Inventory Real Estate Agent Contracts 221

Housing Wire

MAY 20, 2024

Price reductions typically peak in November before resetting for the holidays and the fresh inventory in the spring. The second dynamic to watch here is how many sellers are cutting their prices each week. In these markets, inventory is growing more rapidly and other costs, such as insurance and taxes, are up a lot.

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Inventory New Listings Sellers Contracts 468

Housing Wire

SEPTEMBER 12, 2024

That’s according to a Zillow report released Thursday in which the Seattle -based real estate company said that “lower mortgage rates and rising inventory are giving home buyers a window of opportunity at an unusual time of year.“ Beyond that, more inventory is becoming available — enough to improve buyer negotiating power.

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Housing Market Marketing Inventory Buyers 482

Housing Wire

OCTOBER 21, 2024

Yet ‘renting by choice’ is also on the rise as it offers flexibility, less financial commitment, and freedom from the burdens of property taxes, maintenance, and insurance. While many markets are chronically plagued by a housing shortage and low inventory, others are struggling with a rising oversupply and stalled sales.

Real Estate 493

Real Estate Marketing Insurance Property Taxes 493

Housing Wire

MAY 6, 2024

Inventory increases aren’t occurring at a super fast pace, but the number of homes on the market across the country keeps expanding. Elevated mortgage rates slow demand so that inventory grows, but in years past, the total sales volume has been restricted by the limited supply. Let’s dig further into the details of the U.S.

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Inventory Contracts Sellers New Listings 476

Real Estate News

APRIL 19, 2024

Active listings are back to pre-pandemic levels, but home prices — and home insurance costs — keep going up, creating a tough market for buyers and sellers.

Inventory 298

Inventory Insurance Sellers Buyers 298

Housing Wire

AUGUST 3, 2022

The survey, called the Seller Insights report, shows that nine in 10 mortgage servicers expect their foreclosure volume to increase over the next 12 months — with 74% anticipating a “slight increase,” and 15% projecting a “substantial increase.”. How borrowers can stay afloat with home equity products during difficult economic times.

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Inventory Clients Government Sellers 482

Housing Wire

DECEMBER 6, 2024

Building on existing relationships is the quickest and easiest way to keep your pipeline filled with active buyers and sellers, so you dont have to worry about dry spells. Your newsletter content should be a mix market updates, buyer and seller advice, community news and events, and storytelling.

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Real Estate Clients Tools Sellers 397

Housing Wire

APRIL 17, 2024

On the supply side, the market continues to improve with an increasing number of properties being listed on the market as more sellers begin to accept the new normal.” And last month’s level of unsold inventory was up 23.8% Fewer insurance options may be hampering sales in the Golden State. to $854,490. across the country.

Insurance 459

Insurance Housing Market Realtors Inventory 459

Housing Wire

APRIL 23, 2024

Simonsen asserted that monitoring changing data points on a daily and weekly basis — including inventory levels, new and pending home sales, and home price data and signals —can help to more efficiently track the impact of mortgage rates. “I He began by looking at fresh inventory data. He began by looking at fresh inventory data.

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Inventory Housing Market Sellers Marketing 501

Appraisal Buzz

JUNE 11, 2024

In addition, insuring a home is becoming a harder chore than before as more-and-more insurance companies pull out of the state due to the cost of doing business from the repeated natural disasters that occur in the state. of sellers are dropping their asking price—up from 36% a year earlier. a year earlier.

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Insurance Construction Inventory Housing Market 370

Housing Wire

JUNE 25, 2024

But Altos data also shows that a large share of homes (36.9%) include cuts to the original list price, a sign that inventory is rising and sellers are having a more difficult time locating a buyer. Slightly more inventory and weaker demand mean price reductions climb and more sellers each week that have to cut their asking prices.

Mortgage 418

Mortgage Marketing Property Taxes Sellers 418

Appraisal Buzz

SEPTEMBER 16, 2024

According to Zillow’s most recent market report , reduced mortgage rates and more inventory are providing house buyers with a window of opportunity at an uncommon time of year. Beyond that, more inventory is becoming available enough to improve buyer negotiating power. Inventory levels are -30.8% month-over-month in August.

Buyers 396

Buyers Inventory New Listings Home Value 396

Housing Wire

AUGUST 8, 2024

But the question is, if the buyer agency fees are being paid by the seller or by the buyer, how will that change the final sales price if it gets added in or taken out of the final price?” If sellers are unwilling to offer help with buyer’s agent fees, Mohtashami said they are effectively making their homes more expensive for buyers.

Housing Market 488

Housing Market Marketing Mortgage Sellers 488

Housing Wire

MAY 14, 2023

Yes, we found the seasonal bottom for housing inventory on April 14, but this year’s rise in active listings has been tepid at best. Weekly housing inventory Well, the best thing I can say for spring 2023 inventory is that we found the seasonal bottom a few weeks ago. This link explains the difference. From the St.

Housing Market 488

Housing Market Marketing Inventory New Listings 488

Housing Wire

APRIL 17, 2023

In early 2023, however, as inventory in Austin has become more and more constrained, buyers have become accustomed to the higher mortgage rates and demand has ticked up. “It For agents and sellers looking to succeed in Austin’s current market, Redding says pricing is key. “We This popularity has resulted in constrained inventory.

Housing Market 418

Housing Market Marketing Inventory Buyers 418

Housing Wire

JANUARY 5, 2024

As a real estate agent , it’s essential to stay aware of significant changes in interest rates and how they may affect market conditions so you’re better equipped to advise your buyers and sellers on everything from housing affordability to availability. Lower demand means that homes often sit on the market longer than usual.

Real Estate 468

Real Estate Agents Marketing Sellers 468

Housing Wire

MAY 26, 2022

With the current housing inventory crunch and rising rates slowing refi volume, lenders are finding themselves in a much different position than this time last year. Reich outlined that some of those opportunities may include the borrower being eligible to get rid of mortgage insurance or have a cash-out transaction.

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Loan Officers Finance Technology Insurance 418

Housing Wire

JANUARY 18, 2023

Builders feel more confident in the market, housing inventory data is positive and buyer demand for mortgages has increased — but don’t be fooled. You need a buyer and seller,” Brown said. mortgage insurance market in 2023 to deteriorate. mortgage insurance sector, according to the report.

Housing Market 476

Housing Market Marketing Insurance Mortgage 476

Appraisal Buzz

JUNE 4, 2024

from May 2019, yet inventory has decreased 34.2% compared to normal 2017 to 2019 levels, indicating that the market remains seller-friendly. “In The specifics will vary from market to market, but the data suggest ongoing opportunity for many sellers. According to Realtor.com May housing data , median list prices have grown 37.5%

Sellers 370

Sellers Inventory Buyers Insurance 370

Housing Wire

JANUARY 10, 2022

Sellers saw a market where their homes sold quickly and often above list price as multiple buyers competed to have the winning bid. . In addition, more for-sale inventory will likely be available on the market. The event is exclusively for HW+ members , and you can go here to register.

Housing Market 545

Housing Market Marketing Construction Inventory 545

Housing Wire

APRIL 26, 2023

Roberts and thousands of other loan officers across the country continue to be hampered by a serious inventory shortage , which results in heavy competition for fewer deals. There’s just more buyers than there are sellers,” added Steven Grossman, chief strategic officer at NJ Lenders. Waiting for rates to go down is just a foolish bet.

Loan Officers 418

Loan Officers Mortgage Inventory Clients 418

Housing Wire

MARCH 20, 2024

Those too young to remember the wild west of real estate believe that real estate commissions have always been evenly split between seller’s and buyer’s agents, with each receiving a portion of the sale price. This misconception obscures the reality that, historically, buyers lacked formal representation.

Real Estate 497

Real Estate Buyers Agents Sellers 497

Housing Wire

APRIL 4, 2022

The FHA also insured more than twice as many loans to Black and Hispanic borrowers last year as the rest of the mortgage market combined. With the housing market still red-hot and inventory at a crisis level , borrowers with cash and conventional almost always win out with sellers. 85%) back to the pre-crisis level of.5%,”

Insurance 370

Insurance Loan Officers Sellers Mortgage 370

Housing Wire

FEBRUARY 24, 2022

billion revenue, which mostly stems from a 5% sales fee charged to home sellers and proceeds from flipping homes. billion in unsold real estate inventory. Carrie Wheeler, Opendoor’s Chief Financial Officer, assured investors that the company has financing for “over $10 billion” in inventory. The company tallied $8.0

Investors 459

Investors Real Estate Inventory Finance 459

Housing Wire

APRIL 9, 2021

. “We’re giving them an offer to unlock their equity and move forward to make an offer on their next home,” Ryan Raveis, co-president of William Raveis Real Estate, Mortgage & Insurance (WRRE) , said in an interview with HousingWire.

Brokerage 435

Brokerage Real Estate Clients Insurance 435

Appraisal Buzz

SEPTEMBER 17, 2024

Targeting Affordable Regions Zillow found that New Orleans, Chicago, and Pittsburgh offered the greatest savings when comparing the cost of rent to a mortgage payment, before taxes and insurance, and assuming a buyer can put 20% down. With inventory up 22% compared to a year ago, buyers are gaining bargaining power.

Buyers 418

Buyers Home Value Insurance Mortgage 418

Housing Wire

APRIL 20, 2023

On April 6, the Federal Deposit Insurance Corporation (FDIC) announced a “gradual and orderly” move to sell a portfolio of $114 billion in mortgage-backed securities (MBS) it retained after seizing control of failed regional banks Signature Bank and Silicon Valley Bank (SVB). Another challenge to the market is the lack of inventory.

Mortgage 435

Mortgage Housing Market Buyers Inventory 435