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Today the National Association of Realtors reported that existing home sales fell once again to 4.80 Existing home sales have more legs to go lower, especially now that newlisting data is falling. Even though this was a beat of estimates, the sales decline trend due to higher mortgage rates and home prices continues.
For buyers, you may want to link to newlistings that fit their must-haves. Or omit the MLS link and tease out the listing with stats and photos in your newsletter, and invite your audience to contact you directly for more information. RealTrends.com Housing market data by city and state, agent news, and advice.
According to a 2022 tech survey conducted by the National Association of Realtors ® (NAR), a growing number of real estate agents attest to social media’s positive impact on their business. Be sure to label on the photo or video that your post is a newlisting, as people may miss the caption while scrolling.
Bleeding-edge tech + sleek, modern design + an emphasis on client service = IDX perfection. On a recent Whatsapp chat the founder assured us they were in the process of expanding to other states, but for now at least, only Sunshine State Realtors can use their platform. For Florida Realtors, Panda IDX is our clear favorite.
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. Ideal for realtors looking for functionality without a big price tag.
When you ask the housing crash addicts why their home-price forecasts don’t work, they usually say we should adjust home prices to inflation, gold prices, or some other silly historical reference that doesn’t apply to modern-day economics. In 2010, when the newlistings data was exploding, over 23% of homes in America were underwater.
home was $313,000 through February, a sharp 16% higher from a year ago, according to the National Association of Realtors® (NAR). The image was taken from a drone above The Parc, a condo in Belltown, where I am promoting one of my newlistings. The median down payment represents 7.7% from the previous quarter. bath, 2610 sq.
Modern real estate investment apps allow you to assess the market in real time, communicate at lightning-fast speeds with other parties in your organization, and get business done faster than ever right from your phone. HAR: The Houston Association of Realtors maintains HAR.com, a website and app focused on local listings.
also the oldest age of a first-timer ever recorded by the National Association of Realtors® (NAR). The season has been shaped by slumping newlistings, a slowly climbing number of homes sitting on the market from previous months, fewer closed sales compared to last year and prices moving plus/minus five percentage points year-on-year (YoY).
That includes 621 fewer Pending contracts in April 2022 than the previous April, as the net number of newlistings remains on average lower than in years past. ” The increased number of listings and slight slow-down of the market have helped boost inventory numbers. And what a thoughtful listing video.
Lawrence Yun, chief economist at the National Association of Realtors® said in late July: “There are indications that mortgage rates may be topping or very close to a cyclical high.” The market recalibration continues across King County with a sharp drop in newlistings, Pending sales and closings while prices decline.
The National Association of Realtors® noted an estimated 41% of owners remain in their homes for a duration equal to or exceeding the median tenure of 13 years thanks to today’s higher rates. The 802 newlistings last month were a low not seen since records were archived online from 1990. List price: $6.499M ($1161/sq.
The median income for Millennials who are actively buying or intend to buy a home soon is about $82K, according to the National Association of Realtors® (NAR). While the number of newlistings in June jumped 8.2% in newlistings and 57% in active listings at the start of this month (3256), up 124% from a year ago.
That’s according to a survey of 1,002 Hispanic Americans by The National Association of Realtors®. >> Counties in and near Chicago and New York City were seen as the most vulnerable to today’s economic headwinds. The number of newlistings in the previous month and remaining on the market as of Oct.
Well, thats starting to feel a lot like modern home design. > If homeowners feel their new property tax assessment is too high [I know, every owner just raised their hand!) , they have the option to appeal by providing evidence that the market value of the home is lower than the assessed value. The formal dining room? . >
They have declined for two consecutive months, according to the National Association of Realtors®. But, in speaking to a political-affairs lobbyist for Washington Realtors®, the bill became “watered down.” Listed at $1,995,000 ($725/sq. for this piece of modern Seattle history (with outstanding views, by the way).
” Bough presided over a trial last year that ended in a $1.8B (yes, with a “B”) verdict against the National Association of Realtors® (NAR). With the settlement, a wave of newlistings hit the market in the past several weeks. As of this writing there are 15 homes on the market after 13 sales so far this year.
median figure is $320/month. >> Recent data from the National Association of Realtors® show buyers put down an average 12% of the purchase price on a home. Just when signs were looking up for an increase in newlistings and more inventory, the tap was moved back to near shut. Active listings as of Sept.
A modern version of the regrade is taking place along the downtown waterfront (pictured above) with the addition of Overlook Walk, a breathtaking pedestrian bridge and viewing deck that will soon connect with Pike Place Market and other attractions in downtown. The few homes that are available are selling quickly and at or above list price.”
>> The National Association of Realtors® revised its economic forecasts for 2021 – and things are looking up. Among other revised national forecasts from NAR: New-home sales will rise 20%. The average King County single-family listing sold in May 9.5% The listing agent calls it “modern farmhouse.”
“There is a strong desire for homeownership across this country, but the lack of supply is preventing too many Americans from achieving that dream,” said Lawrence Yun, chief economist for the National Association of Realtors® (NAR). A surprising 3% used the time to build a new house. List price: $4.698M, $868/sq. This 5-bed, 4.75-bath
Just for Fun: In December 2022, the National Association of Realtors® projected mortgage interest rates would be 5.7% The seemingly mundane asphalt-covered piece of real estate silently champions the ebb and flow of modern living. Only 1513 listings hit the market in the month for all home types, a devastating 30% decline in one month.
UNMARRIED AND BUYING TOGETHER For the third consecutive year, a report from the National Association of Realtors® (NAR) noted an increase in unmarried couples purchasing a home. After a continued rise in sales activity through March, the number of Seattle listings under contract and newlistings have eased.
“We envision a country where no matter where you live, or who you are, you can enjoy living in a place that is healthy, prosperous and resilient,” Calvin Gladney, CEO of Smart Growth America, told a group of Realtors® in D.C. On to newlistings, and we start far away. Update: The listing is now Pending.]. below the $7.2M
If they do a gradual process where theres a possibility of ramping up lumber factories or lumber yards in, say, Oregon or the state of Washington, and we have more domestic production, I guess in the long term, [tariffs] may not be so much of an impact, said National Association of Realtors Chief Economist Lawrence Yun. baths within 4902 sq.
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