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.

Brokerage 465

Brokerage Realty Real Estate Inventory 465

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.

Housing Market 393

Housing Market Marketing Inventory Buyers 393

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.

Housing Market 389

Housing Market Marketing Inventory Agents 389

Housing Wire

FEBRUARY 22, 2024

“Mortgage interest rates above 6% continued to impact potential homebuyers’ purchase power, while also contributing to a lock-in effect among would-be home sellers who bought their homes years ago with a mortgage rate of 3% to 4.5%,” the association explained in an announcement. ” Closed sales of single-family homes grew 0.6%

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New Listings Real Estate Realtors Inventory 465

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.

Agents 431

Agents Brokerage Real Estate Tenants 431

Housing Wire

APRIL 12, 2024

Altos classifies scores above 30 to be indicative of a sellers’ market. 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.

Insurance 455

Insurance Housing Market Marketing Agents 455

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.

Real Estate 408

Real Estate Agents Real Estate Agent Sellers 408

Housing Wire

MARCH 1, 2024

We were up year over year in inventory , but we were at a 25 year low on new listings.” Both buyers and sellers are coming back to the market,” Fischer said. Like elsewhere in the country, Indiana has struggled with housing inventory. Last year was a tough one for the Indiana real estate market. 23, 2024.

Housing Market 465

Housing Market Marketing Inventory Construction 465

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.

Agents 435

Agents Inspection Real Estate Sellers 435

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.

Real Estate 422

Real Estate Agents Marketing Real Estate Agent 422

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.”. But since June 30, prices have leveled off to about $530,000, according to data provided by Stacie Herrig, who is a Boise-based agent at Fathom Realty.

Real Estate 476

Real Estate Realty Brokerage Realtors 476

Housing Wire

JUNE 20, 2024

On the sell side, agents say that low mortgage rates from a purchase or refinance transaction in late 2020 or early 2021 are keeping many potential sellers in their home. “A Local agents say this is one of the main reasons why the state is struggling with housing inventory. They don’t want to give up their 3% rate for a 7% rate.”

Housing Market 444

Housing Market Agents Marketing Inventory 444

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.

Real Estate Agent 546

Real Estate Agent Real Estate Agents Realtors 546

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

Marketing 534

Marketing Realty Housing Market Realtors 534

Housing Wire

APRIL 25, 2024

When the meeting concluded, DeRoussel quickly reached out to the seller’s agent to see if her client could get in for a tour, but it was too late. “I 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 We are going to see an increase in inventory.

Buyers 453

Buyers Marketing Inventory Investors 453

Housing Wire

SEPTEMBER 9, 2020

With record-low interest rates, paltry inventory and a surge in buyers, agents are advising clients to be extraordinarily aggressive to win. Another critical element, according to agents, is not to make the deals contingent upon things like inspections and not to “nickel and dime” the seller. of offers, followed by townhomes at 54.7%

Agents 501

Agents Marketing Clients Buyers 501

Housing Wire

SEPTEMBER 28, 2023

The allure of the name recognition of large national brands is causing many independent brokerages to affiliate as mortgage rates rise and housing inventory remains low. Ocala, Florida -based Foxfire Realty is the latest firm to join a national brand, announcing its move to RE/MAX on Wednesday.

Brokerage 425

Brokerage Technology Agents Training 425

Housing Wire

SEPTEMBER 30, 2021

This is sick, and I want it to end,” said Sharon Aubuchon, a RE/MAX Premier Realty agent in Prairie Village, Kansas a suburb of Kansas City. “It Buyers “are waiving inspections, an appraisal contingency, and the latest trend is to pay closing costs usually done by the seller.” Kansas City, Missouri. One kid will give $4 instead of $1.

Housing Market 366

Housing Market Marketing Real Estate Agent Loan Officers 366

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.

Buyers 440

Buyers Landlords Inventory Real Estate 440

Housing Wire

NOVEMBER 6, 2020

Inventory is too low, people need to decide to sell their houses,” Buchbinder told HousingWire. There are] a lot more buyers than there are sellers right now, causing an increase in purchase prices,” Buchbinder said. “A That renewed interest is being felt on the ground, according to Keller Williams Realtor Danielle Buchbinder.

Housing Market 409

Housing Market Marketing Inventory Buyers 409

Housing Wire

JUNE 10, 2022

This week’s HW+ member spotlight features Stacy Esser, founder and team leader at Stacy Esser Group/SEG Realty Keller Williams. His recent article, “Purchase apps are at 2009 level: where’s the inventory?” takes a deep dive into what the heck is going on with purchase applications, housing demand and inventory levels.

Sellers 397

Sellers Housing Market Inventory Buyers 397

Housing Wire

OCTOBER 21, 2024

Prior to the implementation of the current CCP in May 2020, listing brokers had two business days from the signing of the listing contract to either enter the listing into the MLS as “active” or submit a listing exclusion form, which had to be authorized by the seller, to the MLS. That should not be dictated by an association.

Brokerage 446

Brokerage Real Estate Sellers Agents 446

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 Lower rates are likely to make homeownership accessible to more buyers and it should prompt some potential sellers who are locked in at a rate of 3% or less to list. As of Feb.

Construction 428

Construction Supply Chain Inventory Agents 428

Housing Wire

OCTOBER 21, 2021

Burlington has seen an influx of people even prior to COVID,” Claire Kavenaugh, a local eXp Realty agent said. Exacerbating the issue of soaring demand is an incredibly low level of inventory. “At At the moment we have about four weeks of inventory,” Mannix said. “A COVID kind of ramped things up even more.

Buyers 394

Buyers Inventory Agents Realty 394

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. A wise agent right now is talking to buyers and sellers,” Brown said.

Real Estate Agent 459

Real Estate Agent Real Estate Agents Clients 459

Housing Wire

NOVEMBER 8, 2023

Offerpad is an instant buyer, or iBuyer, a company that gives sellers cash offers for their homes and attempts to resell the homes for a profit, sometimes after making renovations. Growth prospects At the end of September 2022, Opendoor had 16,873 homes in inventory. For the same period this year, the company has 4,007.

Marketing 448

Marketing Inventory Renovations Investors 448

Housing Wire

DECEMBER 19, 2024

Altos considers anything above 30 to be indicative of a sellers market. 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.

Housing Market 354

Housing Market Marketing Inventory Clients 354

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. The highest documented average age of home sellers was 63 years old. A record 26 percent of homebuyers made cash payments.

Real Estate Agent 370

Real Estate Agent Buyers Sellers Real Estate 370

Housing Wire

JULY 24, 2024

Caruso said this is indicative of the markets in Indiana, where low inventory, high interest rates and inflationary pressure are still making it hard for clients to find — and afford — a home to buy. Four months and a slew of compromises later, the buyers got their house, but it was 50 minutes away from their place of work.

Marketing 442

Marketing Realtors Buyers Property Taxes 442

Housing Wire

DECEMBER 11, 2024

“One of the main reasons we have been able to grow and expand is because buyers and sellers are demanding our high level of service. 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%

Real Estate 275

Real Estate Brokerage Agents Realty 275

Housing Wire

APRIL 8, 2021

It’s not uncommon to find a plethora of homes between 2,200 and 5,000 square feet, said Kristine Fronk, agent with Dwell Realty Group in Logan. “The issue up here is we just can’t keep any inventory,” Fronk said. Logan homes are quite spacious, factoring in that most homes in the city have basements.

Housing Market 448

Housing Market Marketing Sellers Buyers 448

Housing Wire

NOVEMBER 12, 2020

months’ worth of inventory, down 53.5% Because inventory is so low, Bond said she’s been encouraging her clients to sell sooner rather than later. “My We have the lowest inventory of almost all time. We have more pendings than we do inventory, and from the day a home goes on the market to the day it closes is 40 days.”.

Housing Market 379

Housing Market Marketing Inventory Realtors 379

Housing Wire

JULY 21, 2021

“Its such a versatile place to live,” said Cindy Dunn of Scott and Cindy Dunn Realty Executives in The Village. Upon exiting, the pair, Christopher Day and Jason Kranz, took customer lists and other information and formed their own real estate brokerage , KD Premier Realty , according to Villages-News.com.

Real Estate Agent 418

Real Estate Agent Real Estate Realty Agents 418

Housing Wire

JULY 29, 2024

Charlotte Durham, the leader of the Bozeman-based, Sotheby’s International Realty- brokered Charlotte Durham Team , wouldn’t necessarily say that her local housing market has experienced a massive swing, but she said it’s certainly cooled down. Agents say the lower list prices have been a hard bill for sellers to swallow.

Housing Market 408

Housing Market Marketing Real Estate Agent Inventory 408

Housing Wire

MARCH 13, 2023

Given the current market, my business is at least about 60% renters and the other 30% to 40% is buyers and sellers,” Tsai said. We have more inventory than we have had in years, and we have almost enough buyers to support that inventory.” A lot of people are moving here from other places,” she said.

Housing Market 368

Housing Market Marketing Tenants Buyers 368

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