Housing Wire

MARCH 14, 2024

No matter where you are in the state, real estate agents in Virginia are facing low inventory conditions that are creating frustrating scenarios for their buyers. “I According to Tiller, the tight inventory has caused homebuyers to spend up to six months searching for their new property, roughly double the time it took prior to the pandemic.

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Housing Wire

MARCH 14, 2025

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.

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Housing Wire

OCTOBER 6, 2023

housing market continue to present challenges for the entire housing system: chronic inventory shortages and an alarming number of destructive natural disasters stemming from climate change. Building a single-family home using traditional methods can take six to eight months, according to information from eXp Realty.

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Housing Wire

JANUARY 14, 2025

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. Before joining Compass, Vellano was the West Coast sales manager at BEX Realty and the broker-owner of Vellano Realty Group.

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Housing Wire

JULY 10, 2024

1 challenge for his buyers is the current inventory situation. From an inventory standpoint, we are starting to see more properties on the market,” said Jim Geyer, the broker-owner of Findlay, Ohio-based ERA Geyer-Noakes Realty Group. “It It is inventory. “There absolutely is frustration,” Campos said.

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Housing Wire

MARCH 22, 2024

Unlike many other metropolitan areas across the country , the housing market in Southwest Florida is comparably flush with for-sale inventory. “I We are seeing a healthy increase in inventory, which we really needed.” Smith attributes the uptick in inventory to a bump in new listings. From 2022 to 2023 alone, rates rose 15%.

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Insurance Inventory Marketing Real Estate 448

Housing Wire

DECEMBER 11, 2024

Ernie Becker has more than a decade of experience in real estate across several organizations including Keller Williams Realty. For-sale inventory is up 17.1% His track record should allow United Queen City to thrive in the South Carolina market. South Carolina itself has become more attractive for homebuyers in 2024.

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Housing Wire

MARCH 9, 2022

the M&A-hungry parent of cloud-based real estate brokerage Fathom Realty , achieved supercharged growth in 2021. During the fourth quarter Fathom Realty agents completed 10,800 transactions — a 43% year-over-year increase. Fathom Holdings Inc. , In its quarterly earnings report on Tuesday, the company revealed a $12.5

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Housing Wire

MARCH 22, 2024

The market grappled with low inventory and mortgage rates that gave many homebuyers a reason to pause. According to Altos Research , 2023 inventory bottomed in April at 406,206 active listings. Today, there are 100,000 more homes on the market than there were in March of last year — that’s 21% inventory growth.

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Brokerage Realty Real Estate Inventory 448

Housing Wire

MARCH 26, 2025

Despite the headlines , Phillip Cantrell, the founder of Benchmark Realty, characterized the move as a nothing burger. Kevin Sears, NAR president Leo Pareja, the CEO of eXp Realty , also expressed some concerns about how sellers may be influenced to use a private listing network over more public marketing.

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Sellers Real Estate Agents Brokerage 369

Housing Wire

APRIL 24, 2024

Despite the population growth, Dallas has still had to contend with the realities of high mortgage rates and tight housing inventory — factors that have mortgage lenders , brokerages and other real estate professionals fighting for their share of shrinking pies. In the past five years, eXp Realty has done just that.

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Brokerage Realty Marketing Real Estate 447

Housing Wire

AUGUST 10, 2020

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. Homes on the market sold four days faster year over year, as total inventory is down 35%. Now, agents are showing and selling nonstop.

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Agents Business Inventory Real Estate Agent 544

Housing Wire

MARCH 27, 2024

Those advantages, coupled with cheap land, made the city a favorite for homebuilders like DR Horton and Lennar that brought plenty of new inventory to market. In this environment of high rates and tight inventory, brokerages have had to become sharp elbowed. Competition heats up In 2019, Watson Realty Corp.

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Brokerage Realty Real Estate Inventory 476

Housing Wire

SEPTEMBER 30, 2020

“There’s a lot of homeschooling going on in this hybrid world, and it’s difficult,” Realtor Vesna Kanacki with Century 21 Full Service Realty in New City, New York, told HousingWire. Jackie Merchant, Realtor at Coldwell Banker Realty in Sacramento-Sierra Oaks, said she doesn’t think her market will be slowing down anytime soon.

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Real Estate Agent Real Estate Agents Realtors 546

Housing Wire

FEBRUARY 23, 2024

Local agents attribute at least some of the market’s hotness to the inventory situation. It’s bad, like really bad,” Doug Danzey, the leader of the eXp Realty brokered teamerage The Cobalt Group , said. “We I think the big driver of the lack of mobility and inventory in today’s market is the interest rates,” Stella said.

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Housing Market Marketing Inventory Buyers 493

Housing Wire

SEPTEMBER 30, 2024

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 According to Lisa Comito, the president of Greater Bergen Realtors and a broker at Howard Hanna Rand Realty. As of Sept.

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Housing Market Marketing Inventory Agents 430

Housing Wire

MARCH 22, 2024

Berkshire Hathaway HomeServices RW Towne Realty also had a strong showing. The 2023 housing market was a period of uncertainty with low inventory and industry challenges. In real estate brokerage, growth is the name of the game and for 2024 (based on 2023 data), The Real Brokerage and The Agency are winning that game.

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Brokerage Real Estate Agents Realty 476

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

OCTOBER 28, 2022

With rising rates, inflation, a complete switch to purchase and continued inventory constraints there will be a lot for our panel to talk about. We’ll take a look back at 2022 and into 2023 from a marketing strategy standpoint. Watch the full session below. To go back to the full HousingWire Annual 2022 on demand page, go here.

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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

MARCH 1, 2024

We were up year over year in inventory , but we were at a 25 year low on new listings.” From a seller’s standpoint it may make a bit more sense to sell now, so we are creating some more inventory and buyer are taking advantage of lower rates and more stable home prices.” Last year was a tough one for the Indiana real estate market.

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Housing Market Marketing Inventory Construction 468

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

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Marketing Realty Realtors Housing Market 534

Housing Wire

DECEMBER 10, 2020

Michael Martin, broker and owner of Des Moines Realty Group , said that there has been an increase in new construction, with home price points ranging from $250,000 to $300,000, which also attracts first-time homebuyers. Housing inventory in the Des Moines housing market is tight. So, it’s been absolutely nuts.”.

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Housing Market Marketing Inventory Realty 468

Housing Wire

MARCH 1, 2021

But the market is also beset by a 40 percent decrease in year-over-year inventory, Butler said. Watson Realty Corp. and Florida Home Realty & Mortgage are the top Jacksonville brokerages by sales volume, according to RealTrends 2019 data. “Have you been seeing the news?” Butler said, with a laugh. The market is incredible.”.

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Investing Brokerage Realty Agents 459

Housing Wire

MARCH 3, 2025

I think they’re inviting a class-action lawsuit by sellers who get hurt in this very concentrated effort and maybe a visit from the Department of Justice , Leo Pareja , the CEO of eXp Realty , said recently on his firms fourth-quarter 2024 earnings call with investors. Pareja isnt the only executive who feels this way.

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Legal Sellers Realtors Agents 357

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. “I

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Housing Market Marketing Real Estate Agent Inventory 488

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

APRIL 22, 2021

Robbin Sutton with DASH Realty Carolina has been a broker for 20 years, and she’s never seen anything like the current housing market in the Raleigh-Durham metro. I’ve had a few couples from New York — Manhattan and Brooklyn — that come down here armed with cash, but inventory is low and there’s nothing for them.

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Buyers Inventory Renovations Realty 459

Housing Wire

JUNE 1, 2022

I’m sure you’ve all heard ad nauseam about the low housing inventory impacting the market. The top four — Realogy Brokerage Group , HomeServices of America , Compass and eXp Realty — now have 20% market share in the U.S. And, the top firms grew market share at record rates. In the franchise category, No.

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Brokerage Real Estate Realty Insurance 418

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

APRIL 12, 2024

“Sellers will want top dollar for their property, but we are seeing buyers starting to look at negotiating things like closing costs or buying down their interest rate,” said Jessica Huber , a Keller Williams Realty First Choice agent based in Prairieville. Another indicator of the slower market conditions is the statewide rise in inventory.

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Insurance Housing Market Marketing Agents 459

Housing Wire

FEBRUARY 22, 2024

The hope is that a potential cooling of interest rates will contribute to a stronger market in 2024, according to Florida Realtors President Gia Arvin, a broker-owner with Matchmaker Realty in Gainesville. But the addition of new inventory has also pulled the Florida housing market out of multiyear lows.

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New Listings Real Estate Realtors Inventory 468

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 415

Housing Wire

MAY 14, 2024

“People who already own homes are less likely to be buyers right now because they are holding onto their properties because of low interest rates ,” Joe Cilic, the team lead of the Sotheby’s International Realty -brokered Cilic Group , said. At the lower price points, they are pretty common,” Cilic said of multiple offer situations.

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Buyers Inventory Landlords Real Estate 448

Housing Wire

SEPTEMBER 10, 2024

Despite this current inventory, Illinois as a whole has experienced a significant decline in available homes compared to pre-pandemic levels. This substantial reduction in inventory has intensified competition among Chicago’s more than 15,000 licensed real estate agents, making it increasingly challenging to secure listings and clients.

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Real Estate Agents Real Estate Agent Sellers 445

Housing Wire

MARCH 31, 2023

These execs have been faced with navigating a complex and rapidly-changing landscape that includes the rollercoaster ride of low inventory, rising mortgage rates and shifting regulations. As the housing market continues to face volatility, the role of CFO has become increasingly critical.

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Housing Wire

SEPTEMBER 9, 2024

Given this inventory and Miami’s status as a premier destination for luxury real estate, top-performing agents remain dominant in the market, handling a significant share of the transaction volume. The limited inventory and high demand in this ZIP code contribute to its considerable property values. As of Sept.

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Real Estate Agents Marketing Real Estate Agent 469