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Despite 2025 housing market predictions changing fast , there are still key themes and trends for realestate leaders to watch to best serve their clients and business. 26 in Dallas to hear her full session on realestate brokerage economics. JL: Housing inventory has been climbing in recent months.
million, according to data released Wednesday by the National Association of Realtors (NAR) On a year-over-year basis, existing-home sales were down 3.5% And while the slower sales pace may not be great news for realestate professionals, it has resulted in an uptick in inventory , which is good news for homebuyers.
In this week’s episode of the RealTrending podcast , host Tracey Velt traveled to the REengage Winter Conference to speak with Illinois Realtors CEO Jeff Baker and president Tommy Choi. Velt: We’ve got challenges with housing inventory, interest rates and a new administration. Jeff, I’ll start with you.
Growing dissatisfaction among realestate agents , concerns over declining commissions , and shifting views on the National Association of Realtors (NAR) are among findings in Redfin’s 2025 Industry Survey. of respondents saying they would recommend realestate as a career, while nearly half (49.8%) said they would not.
Redfin has conducted a survey of its agents across the industry to gauge key insights into the challenges and opportunities facing todays realestate professionals. In its 2025 Industry Survey , Redfin dug deeper into how realestate agents view their careers, the housing market, and other hot-button industry issues.
Statara Solutions has expanded its Statara Media Platform to include digital audio advertising, allowing realestate professionals, associations and advocacy groups to target audiences through podcasts and streaming radio. The update was rolled out after months of beta testing. ”
With Q4 in full swing, many realtors are seeing buyers and sellers paralyzed by high interest rates and stagnant inventories. Sean Shallis, a “Recovering Realtor” and top-producing loan officer , is offering strategies to help realtors break through this stagnation by leveraging micro-market shifts to create urgency and inspire action.
Realestate agents often make the mistake of believing their clients will remember them forever but they dont. One of the easiest and most cost-effective ways to stay top-of-mind with clients and prospects is by consistently delivering value in an informative, helpful realestate newsletter. So, where do you start?
There is an endless supply of realestate statistics out there, but what the heck do you do with all of them? Stats are the fuel to the fire of the realestate market and will make you exude confidence in conversations with potential clientsmaking them feel confident in hiring you to represent them.
For years, the realestate industry has been caught up in battles over commissions, lead generation, and who controls access to listings. The End of Walled Gardens For decades, realestate s biggest players have relied on one thing to maintain dominance: controlling access to data. The argument? Transparency is.
The National Association of Realtors (NAR) reported that existing-home sales in November rose to a seasonally adjusted annual rate of 4.15 Elevated inventory has put downward pressure on prices this year, but November’s numbers foreshadow a potential tightening. The housing industry is getting an early Christmas gift.
Non-QM opens doors for realestate investors. Close one loan for a realestate investor and you have a repeat client for life! They allow realestate investors to qualify on the rental cash flow of the subject property. Helping Realtors close more transactions is invaluable.
After a monumental year of change, the National Association of Realtors (NAR) is looking to the past to find inspiration for the future. But in order to successfully lead through these opportunities and best prioritize the trade group’s goals, Sears feels that members need to understand the history of organized realestate.
After tumbling over the past few months, existing-home sales are giving realestate and mortgage professionals a reason to smile. million, according to data released Thursday by the National Association of Realtors (NAR). Agents and consumers also have reason to celebrate due to rising inventory levels.
31, 2023, and has since reshaped the business practices for realestate brokerages and agents across the country. Stubbornly high interest rates, low levels of inventory and elevated home prices are putting a strain on the often-limited budgets of first-time buyers. It is no secret that many first-time homebuyers are struggling.
Miami stands as one of the most dynamic and valuable realestate markets in the United States. This places Miami among the top-tier realestate markets in the country, attracting both local and international buyers and driving intense competition among realestate agents. As of Sept. Click Here
With the National Association of Realtors ( NAR ) reportedly set to vote on the future of its Clear Cooperation Policy (CCP) in the not-too-distant future, the leader of Coldwell Banker Realty is not holding back her feelings about the controversial rule. Lane offered more thoughts in her op-ed.
In a news release, Compass CEO Robert Reffkin appeared to openly taunt the National Association of Realtors (NAR), whose CCP rulerequires a Realtor to put a home for sale on the local NAR-affiliated multiple listing service (MLS) within a day of marketing a listing.
Final Offer said the addition of Private Collection adds more than $1 billion in off-market inventory to its platform. The acquisition and launch of PX comes amid a debate over the National Association of Realtors’ Clear Cooperation Policy , which requires Realtors to list a property on the MLS within 24 hours of marketing.
In a difficult housing market for Realtors, experience matters — a lot. That’s the conclusion of the 2024 Member Profile poll from the National Association of Realtors (NAR), which shows a sharp divergence in income when comparing more experienced agents to their less experienced colleagues.
31, 2023, and has since reshaped the business practices for realestate brokerages and agents across the country. What does a realestate reporter do to mark the one-year anniversary of the Sitzer/Burnett jury verdict ? Funny you should ask.
As high mortgage rates reshape the housing market, existing homes are making up a larger percentage of for-sale inventory, and homebuyers are taking notice. The available inventory of existing homes rose by 22% year over year in Q3 2034. New construction inventory has grown in recent months. Census Bureau.
The housing market in 2024 was about as frustrating for the realestate industry as you can imagine. Consider the numbers. According to NAR, existing-home sales finished 2024 at a dismal 4.06 million, which is the lowest since 1995, a period when existing-home sales never topped 4 million.
RealReports , a proptech firm that offers an artificial intelligence-based platform for property data , announced a new partnership this week with the San Francisco Association of Realtors (SFAR) to provide access to its tool to an estimated 5,000 members in the Bay Area. Inventory is low, rates remain high, and lawsuits abound,” Gorman said.
Ohio REALTORS, one of the largest and most influential realestate associations in the Midwest, has announced its partnership with HousingWire , the leading source for housing market news and information. “At Ohio REALTORS, our mission is to be the indispensable professional partner for our members and brokers.
This shift is prompting realestate professionals and consumers alike to reevaluate implications of this marketing approach. Realestate tech strategist and author Michael DelPrete recently wrote an analysis of exclusive listings, noting that many borrowers continue to opt into such provisions.
the office of California Attorney General Rob Bonta announced it was pressing charges against a second unnamed Realtor for price gouging. This is the second realestate agent in the state to be accused of price gouging related to the Los Angeles wildfires. But inventory is rising and conditions favor sellers in many areas.
The National Association of Realtors (NAR) was one of the more bullish forecasters of the 2025 housing market, but the trade group has revised its outlook. The worst for inventory is over. million in 2025. Despite the slightly less optimistic view, Yun was upbeat about where the market is headed.
Realestate agents have white-knuckled their way through more than two years of suffocatingly high mortgage rates that have stymied sales, choked off inventory and pushed home prices to new all-time highs. The National Association of Realtors reported this week that existing-home sales in August fell by 2.5%
One of the most important housing market stories in recent weeks has been the decline in new listings , which has slowed the growth rate of total inventory. One thing that I have stressed is that higher mortgage rates can create a slowdown in demand and thus allow more inventory to accumulate through a weakness in demand. million to 1.93
Additionally, 18 of the respondents identified as team leaders, 112 identified as realestate sales associates or broker associates, and 15 identified their position as other, with the most common response being broker-owner of their firm. Most buyers here cannot pay realtor commissions because they are VA (Veterans Affairs borrowers).”
As realestate practitioners adjust to the practice changes that took effect in August, and the industry waits for final approval of the NAR settlement from the court in November, questions continue about seller offers of compensation. What does that mean in the long term?
Sinking sales, rapidly rising inventory and prices at all-time highs — this is the state of the market for existing homes. That’s according to June’s existing-home sales data from the National Association of Realtors (NAR), which reflect the problems that have hampered housing markets since mortgage rates began to rise in 2022.
They say everything is bigger in Texas — and apparently that includes housing inventory growth. According to a second-quarter 2024 report from Texas Realtors, the number of active listings from April to June of this year were up 40.8% Houston inventory was up 42.5% compared to the same period last year.
That’s depleting inventory across the country. “In nearly every market, 20% more inventory means 20% more home sales,” said Lawrence Yun, chief economist for the National Association of Realtors. ” The post Housing market inventory is starting to recover appeared first on HousingWire.
Jeff Polashuk, regional vice president at Compass, highlighted these changes as key steps to bolstering the brokerage’s presence in the luxury realestate market. Solares joins Compass from her most recent role as senior vice president of sales at Douglas Elliman , where she oversaw $2 billion in high-end inventory.
HousingWire has partnered with New Hampshire Association of Realtors (NHAR) to bring original data, analytics and news to its members who are the voice for realestate in the state.
Given the current housing inventory crisis, it might surprise people to realize this: we built too many homes during the housing bubble years. Yes, but this is where my work is much different from other housing economists and why we need to think of inventory in a new, modern 21st-century mindset. Wait, what?
No matter where you are in the Tar Heel State, realestate professionals across North Carolina are frustrated by the lack of housing inventory. The challenge remains lack of inventory — that’s definitely the big one,” said Alison Alston , the broker-owner of Charlotte-based Lodestone RealEstate and Investments. “We
It boils down to two factors, according to housing-industry experts: a lack of housing inventory , or supply; and high demand for that limited housing stock — which also is fueling a jump in new-home sales. In other words, if there were more inventory, we would have more sales happening.”
from a year ago to $356,700, according to the National Association of Realtors. Renovated Inventory to the Rescue. Top Markets for Renovated Inventory. The post Top markets for affordable renovated housing inventory appeared first on HousingWire. Skyrocketing U.S. The median home price nationwide in August increased 14.9%
There is no shortage of hot takes about the National Association of Realtors’ Clear Cooperation Policy (CCP), around which heated debates and bitter feuds have erupted on social media and beyond. Enter the American RealEstate Association , the trade group founded by Compass agent Jason Haber and The Agency founder Mauricio Umansky.
Newly released data from the annual profile of home buyers and sellers by the National Association of Realtors (NAR) shows just how dramatically this trend has manifested since the financial crisis of 2008. Elevated mortgage rates, sky-high home prices, tight credit and stagnant wages have all contributed to homebuyers getting older.
First-time buyers face high home prices, high mortgage interest rates and limited inventory, making them a decade older with significantly higher incomes than previous generations of buyers. A realestate agent or broker was involved in 88% of home purchases, indicating the ongoing significance of agents in the homebuying process.
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