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Are existing home sales showing a housing bubble?

Housing Wire

Today, existing home sales blew out estimates , coming in at 5,860,000. With new home sales, pending home sales, housing starts, housing permits, and purchase applications already in v-shape recovery mode, this last metric completes the v-shaped recovery across the board for housing.

Sales 544
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The 2021 housing market recap by Logan Mohtashami

Housing Wire

economy continue to recover from the lows of April of 2020, but the 2021 economic data shows it has been one of the hottest years in many decades. Retail sales have been off the charts, job openings are at 11 million, GDP growth picked up big time and jobless claims hit a level last seen in 1969. However, not only did the U.S.

Marketing 532
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Savvy real estate agents look beyond ChatGPT

Housing Wire

They repeat the mantra “Home buyers and sellers will always need a real estate agent.” In this article, I will explain the history of AI, the projected financial impact on real estate and the cutting-edge tools available today for savvy agents. Job functions most likely to be impacted include sales, marketing and software engineering.

Agents 370
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Why an Economic Downturn Represents the Best Time to Invest in Real Estate

The Close

Related Articles 7 Critical Parts of Every Real Estate Investment Business Plan How Smart Investors Decipher & Respond to Real Estate Market Cycles 9 Skills Agents Need to Work With Investors & Close 50-100 Deals a Year Is Right Now Really a Good Time to Invest in Real Estate? But first, let’s get a handle on the basics.

Investor 116
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Savvy real estate agents look beyond ChatGPT

Real Trends

They repeat the mantra “Home buyers and sellers will always need a real estate agent.” In this article, I will explain the history of AI, the projected financial impact on real estate and the cutting-edge tools available today for savvy agents. Job functions most likely to be impacted include sales, marketing and software engineering.

Agents 75
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Housing inventory crisis continues in 2022

Housing Wire

Early in 2021, when I was talking about how people should worry about home prices overheating, I had a glimmer of hope that maybe toward the end of 2021 we would be spared another seasonal collapse of inventory. This data comes from the recent existing home sales report which has been outperforming lately.

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Logan Mohtashami: The 2022 housing forecast

Housing Wire

Even with the hot economic growth, the hottest inflation data in decades, and the Fed rate hike discussion picking up, this range of 1.33%-1.60% has held up nicely for most of 2021, meaning mortgage rates were going to be low in 2021. The economy was on fire this year, and inflation data was super-hot. The forecast. The backstory.

Mortgages 544