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Newlistings volume is trying to grow with its biggest week since September. List prices inched up for the week, though sales prices did not advance. Meanwhile, the pending-sale-price-to-list-price ratio is declining at a pace that suggests that any spring homebuyers are acting only when they find a bargain.
This will be one of several topics in our HousingWire/Altos Research February webinar , where we spend an hour covering all the details of the data. Newlistings are hitting the market Last year was an environment with 5% to 10% more sellers each week than a year prior. This week had fewer sellers in total than one year prior.
Pacific time, Altos Research holds its monthly webinar, where we dive deep on all of the local data trends and the leading indicators for what will happen in the remainder of 2024. In the video below, there’s a link in the description for the May webinar. That’s actually 3% fewer newlistings than last week.
These are some of the details we’ll cover in more depth in the webinar. There were 7% more new sellers this week than the same week a year ago. There were 44,000 newlistings for single- family homes this week, plus another 11,000 immediate sales which were listed and are already in contract.
On May 16, Altos Research is hosting its monthly webinar, where we dive deep on all of the local data trends, as well as the leading indicators for what should happen the rest of 2024. In the video below, there’s a link to the webinar. That supply cap is gradually rising and sales volumes are slowly increasing too.
Make sure you’re ready to share newlistings and that potential clients can easily contact you through your platforms. Attend training workshops, webinars, and conferences to acquire new skills and knowledge that can help you stay ahead of the competition.
Mark Zandi, chief economist for Moody’s Analytics , during a webinar late last week sponsored by mortgage-analytics firm Recursion , also offered a sober outlook for home-price growth. Newlistings in June flattened and pending sales fell, largely attributed to higher mortgage rates. trillion in 2022 and $2.3
MLS connectivity: Connect your IDX-enabled website with your MLS and send listingsand listing details in marketing pieces. Marketing: You automatically receive a customizable property marketing package to promote each newlisting. Automatically add new online leads to drip campaigns with Market Leader’s marketing automation.
Property Insights help you save, note, and assign MLS property listings of interest to your clients within Top Producer’s CRM. The MLS integration then updates the status and relevant information of listings attached to each of your clients.
SmartZip is also a solution to help you streamline your marketing efforts, keeping you in front of potential sellers and positioned to win newlistings with its automated marketing. SmartZip’s predictive analytics can help you uncover qualified leads in your farm area.
These events are platforms to connect with potential buyers, showcase your expertise and raise visibility throughout your local community (and online, if you stream them via webinar!). Canva is perfect for everything from newlistings to brand promotion.
This area could be around a newlisting, a recently sold property, or any other geographic location, such as an up-and-coming neighborhood, the area in which they live, or even an area selected based on price point. Take advantage of them.
Both inventory levels and newlistings increased significantly in recent months, leading to an 18 percent increase in sales and a 1.6 Both inventory levels and newlistings increased significantly in recent months, leading to an 18 percent increase in sales and a 1.6 Plus info on his webinars and classes.
Agents can build a mailing list by offering valuable resources like market reports or home valuation tools in exchange for contact information. It is also possible to purchase lists , although this method feels a little spammy to me. Personalization is key in making recipients feel valued.
Keep reading for more appraisal news and insights. Plus, join our Pro-Series webinar on Wednesday, September 29th: “Impact of Pandemic on Current Market Analyses and Trends.” Other highlights from the report include: “Newlistings of homes for sale were nearly flat (-0.1%) from a year earlier.”
Or will we see it in the weekly newlistings volume? The point is that we have suddenly new forces, not just mortgage rates, driving real estate demand and supply, so its more important than ever to track the weekly moves in the market. There were 72,000 newlistings this week for single-family homes.
Join us for a FREE Pro-Series webinar on Wednesday, March 24, from 11:00 am–12:00 pm ET: Fannie Mae Q1 2021 Appraisal Update. 36% of homes sold above list price in February, the highest share on record. The national median home-sale price rose to $336,200 in February—the largest home price jump we’ve seen since 2013.
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