Housing Wire

MARCH 26, 2025

Despite the headlines , Phillip Cantrell, the founder of Benchmark Realty, characterized the move as a nothing burger. Utah-based Park City Board of Realtors most notably made this decision last October , when it announced that it would no longer be enforcing the rule. It is just classic NAR propaganda.

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Sellers Real Estate Agents Brokerage 369

Appraisal Buzz

NOVEMBER 4, 2024

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. Realtors provide critical knowledge and expertise that ensure a successful transaction.”

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Real Estate Agent Buyers Sellers Real Estate 370

Housing Wire

SEPTEMBER 30, 2020

Realtors can usually count on their biggest season being spring, followed by summer, but nothing about 2020 has been normal, including home-buying patterns. ” Kanacki’s market, like many others, remains competitive as buyers continue to experience bidding wars amid historically low housing inventory and an uptick in home prices.

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Real Estate Agent Real Estate Agents Realtors 546

Housing Wire

AUGUST 10, 2020

According to the National Association of Realtors , contract signings kicked off strong in August , with the most contract signings last week in the Midwest, at 21%. As new contract signings are outpacing new listings due to low inventory, properties sold typically within 26 days in the four weeks leading up to August 2, NAR said.

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Agents Business Inventory Real Estate Agent 544

Housing Wire

SEPTEMBER 30, 2024

We are not seeing that same buyer frenzy we were seeing six months ago,” said Audra Fontanella, the broker-owner of Bergen County-based RE/MAX Venture Realtors. “We If you price the house right, you are still seeing a lot of interest and offers,” said Danny Yoon, an Edgewater, New Jersey-based agent for Sotheby’s International Realty. “I

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Housing Market Marketing Inventory Agents 432

Housing Wire

DECEMBER 3, 2020

months worth of supply, according to Keller Williams Realty Boise , and homes typically stay on the market for just five days. Steven Caporale, founder and principal of Accel Realty Partners in Boise, has been in the industry for 25 years and said he’s never seen the housing market look like this. “In We had offers up to $1.2

Marketing 534

Marketing Realty Realtors Housing Market 534

Housing Wire

FEBRUARY 22, 2024

The housing market in the state of Florida saw higher median home prices, more real estate listings and a higher number of active listings during the month of January, according to data released Thursday by Florida Realtors , a state-based trade organization for real estate professionals. ” Closed sales of single-family homes grew 0.6%

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New Listings Real Estate Realtors Inventory 468

Housing Wire

DECEMBER 10, 2020

The Des Moines housing market has had a record-setting year for home sales, which local Realtors credit to low mortgage rates, the work from home phenomenon and Des Moines’ affordable lifestyle. Housing inventory in the Des Moines housing market is tight. The low interest rates continue to make conditions ideal for homebuyers.”.

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Housing Market Marketing Inventory Realty 468

Housing Wire

NOVEMBER 18, 2020

Real estate agents across the country have made it clear – low inventory and low mortgage rates have kept them busy throughout the pandemic, especially in typical vacation destinations. As the Hawaii housing market continues to soar, housing inventory remains low. year over year on the big island, Hawaii.

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Housing Market Marketing Real Estate Agent Inventory 488

Housing Wire

DECEMBER 28, 2021

The managing partner of ACCEL Realty Partners in Boise, Steve Caporale, said that the video gave him pause, especially since, “The market has been softening a bit.”. million homes sold at the end of September, according to National Association of Realtors data. The broker’s cautious optimism is echoed nationally. on pace for 6.29

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Real Estate Realty Brokerage Realtors 476

Housing Wire

SEPTEMBER 20, 2024

In a new episode of the HousingWire Daily podcast , Editor in Chief and host Sarah Wheeler sits down with eXp Realty CEO Leo Pareja to discuss the National Association of Realtors ‘ (NAR) commission lawsuit, the new rules that agents are facing, and how eXp is helping agents navigate these challenges to thrive in the marketplace.

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Agents Brokerage Real Estate Tenants 435

Housing Wire

MARCH 8, 2024

Real estate agents in the leafy suburbs of Bergen County, New Jersey say the current housing market — with historically low inventory and record-high prices — is actually more challenging than the multiple offer chaos they sweated through during the pandemic. “At We are still going to suffer from lack of inventory.”

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Housing Market Buyers Agents Marketing 468

Housing Wire

SEPTEMBER 9, 2024

While not yet reaching the trillion-dollar mark, Miami ‘s total real estate value, including both residential and commercial properties, was estimated at approximately $650 billion as of 2023, according to the Miami Association of Realtors. As of Sept. In 2023 they totaled $1,237,333,276 in total volume.

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Real Estate Agents Marketing Real Estate Agent 472

Housing Wire

MARCH 1, 2024

Sales from 2022 to 2023 were down 14%,” Mark Fischer, the CEO of the Indiana Realtors Association , said. “We We were up year over year in inventory , but we were at a 25 year low on new listings.” Like elsewhere in the country, Indiana has struggled with housing inventory. According to Altos Research, as of Feb. 23, 2024.

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Housing Market Marketing Inventory Construction 468

Housing Wire

APRIL 25, 2024

I called the listing agent and it was listed three hours ago, but it was sold,” the Cincinnati, Ohio -based eXp Realty agent said. “We Cincinnati is a great place to live,” said Julie Back , the executive sales vice president of Sibcy Cline Realtors. We are going to see an increase in inventory. We couldn’t even see it.

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Buyers Marketing Inventory Investors 459

Housing Wire

JUNE 28, 2024

We still have low inventory, but also not a lot of buyer activity, and now I’m seeing more inventory come on the market and still not as much buyer activity. The trend of buyers has been significantly different the last four to five weeks,” said Charissa Kennard , an agent for Berkshire Hathaway HomeServices Verani Realty.

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Housing Market Marketing Inventory Buyers 397

Housing Wire

JULY 24, 2024

Indianapolis-area Realtor Annie Caruso, a founding member of Circle Real Estate, had a buyer coming from the Chicago area for just these reasons. Realtors in the area say that buyers who were trying to wait out the high rate environment are choosing to accept that current rates are simply the new normal.

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Marketing Realtors Buyers Property Taxes 448

Housing Wire

MARCH 18, 2021

One example is Colorado’s housing market, which has seen the effects of an insanely competitive market combined with low inventory push buyers into secondary cities – and sometimes, beyond. For a time, Colorado Springs became the de facto destination for buyers priced out of living in Denver.

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Housing Market Marketing Real Estate Agent Buyers 543

Housing Wire

NOVEMBER 6, 2020

That renewed interest is being felt on the ground, according to Keller Williams Realtor Danielle Buchbinder. Inventory is too low, people need to decide to sell their houses,” Buchbinder told HousingWire. Buffalo saw 107% net inflow in the third quarter this year, and 34.4% of its searches came from outside the area.

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Housing Market Marketing Inventory Buyers 409

Housing Wire

MAY 14, 2024

In March, first-time buyers were responsible for 32% of sales, up from 26% in February and 28% a year prior, according to data from the National Association of Realtors. In addition to making buyers more prudent in their purchases, local real estate professionals also say interest rates are to blame for the area’s lack of inventory.

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Buyers Inventory Landlords Real Estate 448

Lamacchia Realty

JANUARY 28, 2025

In 2024, Lamacchia Realty snapped back to its record annual growth across the company after a slower growth year in 2023. Despite facing challenges like exceptionally low inventory and a tough market with historical changes, the company aggressively pushed throu gh the year with large gains.

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Realty Real Estate Realtors Training 68

Housing Wire

NOVEMBER 12, 2020

Homes are “singing out the door about as fast as they come on the market,” in Little Rock, Arkansas, according to Melissa Bond, a Realtor at United Real Estate – Central Arkansas. According to the Little Rock Realtors Association in Arkansas, listing count is down 40.5% months’ worth of inventory, down 53.5%

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Housing Market Marketing Inventory Realtors 379

Housing Wire

DECEMBER 28, 2021

“Every home, every little business, there were a few that made it along the main streets, but other than that, at least 95-98% of the residential housing in the area was gone,” local eXp Realty agent Mike Stearns said. We have had over 200 lots active on the market at one time since 2019, so we are a little low on inventory.”.

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Insurance Realty Agents Construction 397

Housing Wire

JUNE 21, 2022

The 2021 real estate market was one for the ages: record low interest rates and housing inventory gave way to record high home prices and sales. Capitalizing on these market factors, brokerage firms in the 2022 RealTrends 500 brokerage rankings broke records in market share, closed transaction sides (there must be inventory somewhere!)

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Brokerage Real Estate Realty Agents 417

Housing Wire

APRIL 28, 2022

The Madison, New Jersey-based conglomerate whose name brands include Corcoran , Sotheby’s International Realty , and Coldwell Banker , among others, posted $23 million in net income for the first three months of 2022. Despite the acute inventory shortage, the National Association of Realtors estimated this week that 5.6

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Mortgage Brokerage Agents Real Estate 370

Housing Wire

DECEMBER 19, 2022

Also helping buyers is an increase in housing inventory, Ridenour Lindsey said. “It It is hard to tell if more homes are being listed or if things are just sitting a bit longer, but there is definitely more inventory,” she said. Ward said this slowdown has led to an increase in housing inventory. We have about 2.6

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Marketing Inventory Buyers Housing Market 434

Housing Wire

DECEMBER 19, 2024

I am super busy right now, said Charissa Kennard , an agent for Berkshire Hathaway HomeServices Verani Realty.There is a lot of inventory right now, which is good because there are a lot more options for clients right now. This massive influx of new residents calling New Hampshire home has caused a strain on the states housing inventory.

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Housing Market Marketing Inventory Clients 397

Housing Wire

FEBRUARY 13, 2024

Century 21 Regency Realty agent Cheryl Piccinini has lived and traveled all over the world, but there is no place she would rather be than Alabama. “No We are very bullish on Alabama and its long-term prospects,” Jeremy Walker, CEO of the Alabama Realtors Association , said. “We You can find the city, the country. We’ve got beaches.

Construction 435

Construction Supply Chain Inventory Agents 435

Housing Wire

OCTOBER 10, 2024

“Whether you’re a loan officer like me, or a Realtor, we’re all pretty worried about income,” he said. We already had very thin inventory and some of our deals are dead because houses have been ruined. Tampa-area agent Jeff Borham of eXp Realty said that insurance can’t be binded once a storm is named.

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Agents Insurance Housing Market New Listings 434

Housing Wire

NOVEMBER 8, 2023

In the years that followed, Zillow and Redfin shuttered their iBuying divisions, and the two remaining iBuyers accounted for a mere 0.61% of existing home sales through the first nine months of the year, based on the companies’ reported home sales and unadjusted existing home sales data published by the National Association of Realtors.

Marketing 448

Marketing Inventory Renovations Investors 448

Housing Wire

FEBRUARY 25, 2021

in January from December, according to a report from the National Association of Realtors. And inventory shortages are the culprit. But many would-be buyers have also been thwarted by comically low resale inventory, as well as supply chain constraints and escalating materials costs that have made life difficult for homebuilders.

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Supply Chain Inventory Housing Market Contracts 405

Housing Wire

MAY 20, 2022

According to the Hilton Head Area Association of Realtors , the median home sale price jumped 15.3% This rapid increase in prices, coupled with local housing inventory dropping over 50% in 2021, has meant times are tough for buyers looking to settle in Bluffton. Low inventory is yet another issue. in 2021 to $330,745. “It

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Housing Market Marketing Real Estate Agent Real Estate 435

Housing Wire

OCTOBER 21, 2020

“It’s been a circus, really,” said Anthony Lamacchia, Realtor and owner of Lamacchia Realty in the Boston suburbs. Across the different markets, the agents consistently reported bidding wars amid heightened demand for single-family homes, low inventory and an increase of buyers fleeing big cities.

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Housing Market Marketing Real Estate Agent Real Estate 545

Housing Wire

OCTOBER 21, 2024

The controversial Clear Cooperation Policy from the National Association of Realtors continues to spark debate — for several reasons — among real estate professionals. While Leo Pareja , the CEO of eXp Realty , doesn’t feel the rule is perfect, he does like the fairness and transparency it creates.

Brokerage 448

Brokerage Real Estate Sellers Agents 448

Housing Wire

DECEMBER 27, 2023

“I’ve been on about 11 listing appointments in the last three weeks and about 50% of the people had heard about the Sitzer/Burnett suit and trial and they have questions about it,” the sales manager for the Massachusetts-based Chinatti Realty Group said. So far, Posnick said he feels encouraged by how clients are responding to his answers.

Real Estate Agent 459

Real Estate Agent Real Estate Agents Clients 459

Housing Wire

DECEMBER 27, 2021

“I think it’s a foregone conclusion that leading brokers are going to need to retrain agents on these financing services, much as they did 10 to 12 years ago to deal with distressed inventory and short sales,” Murray said. It will require a whole new skill level and different level of service to compete.

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Brokerage Real Estate Agents Finance 418

Housing Wire

APRIL 20, 2022

She then went on to teach high school French, but after six years of dealing with “hormonal teenagers” Williamson was ready for a change, and on a friend’s suggestion interviewed at the local Daniel Gale Sotheby’s International Realty affiliate. “It I told my husband that I’d do it for a year or two and see how it goes.

Real Estate Agent 448

Real Estate Agent Real Estate Agents Brokerage 448