Housing Wire

SEPTEMBER 24, 2024

People seeking more space to accommodate working from home led to a minor outflow of residents that put the housing market on pause. The regional housing market was slower to recover from the financial crisis of the late 2000s than other parts of the country, and it had been reeling from a general decline of the region for years before that.

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Housing Market Marketing Property Taxes Inventory 460

Housing Wire

SEPTEMBER 17, 2024

Like the vast majority of the country, the city’s housing market has been stymied by high mortgage rates, low inventory and mismatched expectations between buyers and sellers. Buyers think it’s a buyer’s market. Sellers think it’s a seller’s market. 25 statewide in 2023 transaction volume.

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Housing Market Marketing Sellers Buyers 474

Housing Wire

SEPTEMBER 30, 2024

Cooler fall temperatures have brought less intense housing market conditions to the once white-hot market of Bergen County , New Jersey. “We 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 as of Sept.

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Housing Market Marketing Inventory Agents 408

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 Smith attributes the uptick in inventory to a bump in new listings. Days on market is also trending back to what is more normal for our market as well.”

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Insurance Inventory Marketing Real Estate 450

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 Altos considers any score above 30 to be a seller’s market.

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Housing Market Buyers Agents Marketing 469

Housing Wire

NOVEMBER 18, 2022

The National Association of Realtors (NAR) reported today on two trends in existing home sales that we have seen for many months now: sales are declining while total inventory data has fallen directly for the three straight months. The Federal Reserve wanted to see the bidding wars end and the days on the market grow.

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Inventory Marketing Housing Market New Listings 493

Housing Wire

SEPTEMBER 19, 2023

This is alarming because this was the moment last year when the market turned south. It’s not unusual for a little jump in new listings in September. This “higher for longer” conventional wisdom is working its way through the housing market. There are now 519,000 single-family homes on the market across the U.S.

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Housing Market Marketing Inventory New Listings 477

Housing Wire

FEBRUARY 28, 2024

If you’re struggling to market your business on social media, or worse, haven’t even started yet, you might be in for a rude awakening in 2024. Prioritize reputation over reach The key to successful social media marketing is to build meaningful connections with people in your farm area who want to buy or sell real estate.

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Real Estate Marketing Tools Contracts 483

Housing Wire

MARCH 1, 2024

Last year was a tough one for the Indiana real estate market. 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.” Data from Altos Research backs up Fischer’s observations.

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Housing Market Marketing Inventory Construction 469

Housing Wire

MAY 15, 2024

housing market saw dramatic changes in affordability as mortgage rates skyrocketed 500 basis points. After an initial rush to get to market in Q2 2022, new listings volume fell precipitously. We can observe this trend in both the count of new listings per week and in the total number of unsold homes on the market.

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Mortgage New Listings Inventory Sellers 460

Housing Wire

JUNE 21, 2021

Many are eyeing scenic East Tennessee, where Knoxville and its surrounding suburbs have formed one the country’s hottest housing markets. Currently on Realtor.com , more than 2,000 homes are currently on the market in Knoxville with an average listing price of $270,000. year-over-year. . It’s like a horse race.

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Housing Market Marketing Realtors Inventory 461

Housing Wire

JULY 20, 2021

Mortgage applications for new home purchases in June decreased 3% from May and 23.8% year over year, suggesting a slowdown in the housing market, according to a recent report from the Mortgage Bankers Association. “Last year was the strongest year in the housing market for new home sales in over a decade,” he said.

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Housing Market Marketing Inventory Construction 511

Housing Wire

JUNE 28, 2024

For many, summertime in northern New Hampshire is the perfect opportunity to get back to nature, relax lakeside and generally slow down a little. According to local real estate agents, the region’s housing market seems to have read the same memo, as June did not bring the same market boost as many have grown accustomed to.

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Housing Market Marketing Inventory Buyers 398

Housing Wire

JULY 31, 2024

The brokerage claimed on its second-quarter 2024 earnings call that it’s experiencing virtually no changes in commissions despite the $418 million settlement agreed to by the National Association of Realtors (NAR) following a string of lawsuits related to buyer commission rules. “It The call did come with a setback for agents.

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Housing Wire

MARCH 29, 2024

It is nearly April, which means temperatures in the Austin metropolitan area are heating up — and so is the housing market. The market is still strong,” said Wendy Cash, a broker at Austin area-based Century 21 Hellmann Stribling. “We In November 2023, this figure actually surpassed its pre-pandemic level at 8,527 listings. “I

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Housing Market Agents Marketing Inventory 460

Housing Wire

OCTOBER 10, 2024

Agents and LOs are grappling with heavily damaged housing markets in the Southeast. Housing markets in the Southeast are reeling from a one-two punch of devastating hurricanes that are believed to have caused at least $100 billion in damage. There were 775 new listings in Tampa on Sept.

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Agents Insurance Housing Market New Listings 434

Housing Wire

NOVEMBER 18, 2022

“More potential homebuyers were squeezed out from qualifying for a mortgage in October as mortgage rates climbed higher,” National Association of Realtors Chief Economist Lawrence Yun said in a statement. The impact is greater in expensive areas of the country and in markets that witnessed significant home price gains in recent years.”.

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Housing Market Marketing Inventory New Listings 450

Housing Wire

NOVEMBER 16, 2020

According to multiple real estate agents and mortgage brokers, low interest rates and a high percentage of “essential” jobs in their town has kept the housing market and local economy strong. Nicole Murphy with Realtor.com also said homes in El Paso are only staying on the market for an average of 53 days – down 20% from last year.

Housing Market 450

Housing Market Marketing Real Estate Agent Real Estate 450

Inman

NOVEMBER 3, 2024

Jimmy Burgess talks with Calgary Realtor and video content creator Brad McCallum about standing out from the crowd when taking a new listing.

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New Listings Realtors Real Estate Brokerage 165

Housing Wire

NOVEMBER 16, 2023

New findings from the National Association of Realtors (NAR) show a fresh picture of who’s buying and selling homes, with more first-time buyers entering the market and families looking for homes that fit multiple generations. For real estate professionals, the changing landscape is a call to action.

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Real Estate Marketing Real Estate Agent Tools 436

Inman

JULY 24, 2024

Inventory is rising again, according to an analysis of housing data. But agents are still scrounging. Hundreds of brokers and agents shared what's working in the latest polling from Inman Intel.

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Inventory New Listings Agents Realtors 182

Housing Wire

JANUARY 29, 2024

Most economists forecast mortgage rates to decline in 2024, stoking optimism about the housing market. According to the newest Bloomberg Markets Live Pulse Survey (MLIV Pulse), the rate on the 30-year fixed mortgage will fall to 5.5% million existing homes were sold, according to the National Association of Realtors.

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Mortgage Inventory Investors Housing Market 416

Housing Wire

JANUARY 26, 2024

month over month in December, according to the newest data from the National Association of Realtors (NAR). The housing market is off to a good start this year, as consumers benefit from falling mortgage rates and stable home prices,” NAR chief economist Lawrence Yun said in a statement. But new listings activity grew by 9.1%

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Contracts Housing Market Construction Inventory 483

Housing Wire

FEBRUARY 29, 2024

month over month in January, according to the newest data from the National Association of Realtors (NAR). Meanwhile, new home sales , which are also a measure of contract signings, reached a seasonally adjusted annual rate of 661,000 in January, up 1.5% Pending home sales dropped 4.9% in January, down from 77.3 in December.

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Contracts Inventory New Listings Realtors 460

Housing Wire

SEPTEMBER 3, 2024

With the calendar shifting to September and the next meeting of Federal Reserve policymakers only two weeks out, mortgage rates continue to recede and evidence suggests that borrowers are reacting to more favorable housing market conditions. Lower rates have recently sparked more activity in the mortgage market. at the end of the year.“

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Mortgage Inventory Buyers Sellers 501

Housing Wire

JULY 20, 2023

The savagely unhealthy housing market continues as existing home sales are near record lows, and the days on the market are still at a teenager level, with home prices rising in 2023. Ladies and gentlemen, this was the fear and now the reality of the savagely unhealthy housing market. million in June 2022). million, down 13.6%

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Marketing Housing Market Inventory New Listings 370

Housing Wire

AUGUST 10, 2022

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. Once that happens, I can finally take the savagely unhealthy housing market theme off my talking points. What does this mean? million to 1.93

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Inventory New Listings Housing Market Sellers 526

Housing Wire

FEBRUARY 9, 2024

Our comprehensive guide to the best real estate marketing tools provides you with a helpful assortment of easy-to-use, effective marketing products to turn your business into a revenue engine in 2024. We know — you didn’t get into real estate for the love of marketing or tech.

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Real Estate Tools Marketing Real Estate Agent 477

Housing Wire

SEPTEMBER 3, 2024

17 market and those that still face challenges. The conversation starts with Dwiggins and Robinson posing a question about the current state of the housing market amid economic turmoil. The conversation starts with Dwiggins and Robinson posing a question about the current state of the housing market amid economic turmoil.

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Real Estate Agents Realty New Listings 450

Housing Wire

SEPTEMBER 26, 2023

This is a demand-driven slowdown, because new listings supply is still running 9% to 10% fewer homes for sale each week than this time last year. We’re seeing fewer new sellers each week, but inventory is building as homebuyers wait to see if mortgage rates will come down to make purchases more affordable. from last week.

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Inventory Contracts New Listings Mortgage 505

Housing Wire

OCTOBER 28, 2022

according to data released Friday by the National Association of Realtors. Persistent inflation has proven quite harmful to the housing market,” Lawrence Yun, NAR’s chief economist, said in a statement. Yun noted that new listings are down compared to a year ago, as many existing homeowners do not want to give up the 3.0%

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Contracts New Listings Realtors Housing Market 528

Housing Wire

MAY 20, 2022

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. Bluffton, South Carolina. However, this growth has come at a cost.

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Housing Market Marketing Real Estate Agent Real Estate 436

Cleveland Appraisal Blog

JANUARY 5, 2023

We all needed some rest from the crazy housing market we’ve experienced in recent years. Like most markets across the country, the Cleveland area housing market has been red hot for the past few years. However, the markets have hit an abrupt slow down, or might I say, cool down, kind of like this ice skater experienced.

Housing Market 369

Housing Market Marketing Appraisal Inventory 369

Housing Wire

MAY 24, 2021

The National Association of Realtors Confidence Index Survey for April reveals how hot the housing market is. Per the report, homes that sold had five offers on average , and nearly 50% of homes sold for more than their list price during the four weeks ending May 16. The pandemic continues to impact how people live and work.”

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Realtors Buyers Housing Market New Listings 498

Housing Wire

AUGUST 27, 2020

year over year, largely on the back of pent-up demand from buyers who were unable to strike deals during the spring, said Lawrence Yun, chief economist of the National Association of Realtors. “We We are witnessing a true V-shaped sales recovery as homebuyers continue their strong return to the housing market,” said Yun. million, a 1.1%

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Contracts Realtors New Listings Real Estate 501

Housing Wire

NOVEMBER 21, 2023

million, according to the N ational Association of Realtors. Multiple offers, however, are still occurring, especially on starter and mid-priced homes, even as price concessions are happening in the upper end of the market.” Existing-home sales dropped 4.1% Compared to October 2022, existing home sales slumped 14.6%, down from 4.44

Inventory 436

Inventory New Listings Realtors Contracts 436

Housing Wire

JANUARY 20, 2023

million, according to a report from the National Association of Realtors (NAR) released Friday. The housing market may have started 2022 out with a bang, but it exited the year with a whimper,” Lisa Sturtevant, Bright MLS’ chief economist, said in a statement. “The from November to a pace of 4.02 A total of 5.03

Inventory 398

Inventory Housing Market Realtors Buyers 398