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Xactus targets lenders through active listing data

Housing Wire

Xactus Wednesday announced its new active listing scan program, which will scan residential addresses for changes in listing status and the average number of days on market for a neighborhood. It’s no secret — today’s market is extremely tight and competitive,” said Michael Crockett, chief data officer at Xactus.

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Residential real estate activity picks up despite low inventory

Housing Wire

The Beige Book is a compilation of data and interviews with bank and branch directors, community organizations and economists from on or before May 22. Residential real estate activity picked up in most Districts despite continued low inventories of homes for sale,” the report states.

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Going, Going, Gone! Homes Are Selling the Fastest in These Markets

Realtor.com

In this blink-and-you-miss-it real estate market, homes in most places are coming on and off the market at a dizzying pace, as buyers (helped by record-low interest rates) are snatching up property at an unprecedented rate. But, as it turns out, not all markets are turbocharged quite to the same degree. Getty Images.

Marketing 133
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What Buyers Can Do in an Extreme Sellers’ Market

Realty Biz

Then the residential market rebounded quickly. Then the residential market rebounded quickly. The market remains tight and expensive but it could be opening up to at least give buyers a larger selection to choose from. One strategy for buyers in this extreme seller’s market could be taking a bit of a risk.

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Fed’s Beige Book shows recent moderation in mortgage rates propped up demand for homes

Housing Wire

Moderation in mortgage rates led to a pickup in demand for residential real estate, but limited inventories across the country hindered actual home sales , the Federal Reserve reported in its Beige Book survey of regional business contacts that was published Wednesday.

Mortgages 391
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Is There a Market Correction on Its Way?

McKissock

Following the pandemic, we are experiencing a surging real estate market, which begs the question: Is there a market correction on its way? Some market watchers are predicting that when it does happen, it will not be as severe as the last one, while others anticipate something of similar degree or even worse.

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Selling a House ‘As Is’ in Maryland

HomeLight

Skip repairs and close in as few as 10 days. Average days on market for Maryland. Maryland law requires sellers to disclose material facts about the property through the Maryland Residential Property Disclosure and Disclaimer Statement. Looking to sell a house “as is” in Maryland? They want to sell as-is.”. Disclosures.

As-is 103