Realtor.com

JULY 2, 2021

In the spring of 2020, as it appeared that many college students would stay grounded in their childhood bedrooms doing coursework online, some landlords panicked and sold off rental properties in prime university markets, fearing high vacancy rates in the next semester. Thanks in part to inbound migration, Austin is also booming, experts say.

Investor 52

Investor Construction Days on market Development 52

Housing Wire

AUGUST 14, 2023

mortgages to take on a 6% mortgage, so I have been telling my agents to get used to these numbers for a while.” Homes with a median list price closer to $300,000 have a median days on market of 35 days, while those with a median price of $453,150 are typically on the market for 133 days.

Marketing 356

Marketing New Construction Inspection Agents 356

Keeping Current Matters

APRIL 27, 2021

Days-on-market are swift, multiple offers are prevalent, and buyer confidence is rising.” ” Yun’s insight was supported the next day when the Census Bureau released its Monthly New Residential Sales Report. It shows that newly constructed home sales are up 20.7% over the previous month.

Marketing 250

Marketing New Construction Construction Residential 250

HomeLight

APRIL 29, 2021

The number of days on market (DOM), which marks how long a home is on the market before the seller accepts an offer, typically drops. In a balanced market, marketing time typically lasts around six weeks , according to The National Association of Realtors® (NAR). Factors that lead to a seller’s market.

Marketing 109

Marketing Sales Agents Construction 109

Redfin

DECEMBER 27, 2023

18 housing trends that defined the year, including record mortgage rates, depleted inventory, and dwindling home sales 2023 was a difficult year for the housing market. In short: Record mortgage rates, high inflation, and persistently high housing and rental prices. Seasonal trends buckled. So what happened? a Redfin company.

Marketing 64

Marketing Mortgages Investor New Construction 64

Redfin

DECEMBER 29, 2022

17 housing trends that defined the year, including record home prices and sky-high mortgage rates. The 2022 housing market was nothing short of remarkable. For the first time in history, mortgage rates doubled in the span of just one year. million rental units under construction in the U.S., The median U.S.

Marketing 82

Marketing New Construction Construction Investor 82

Realtor.com

DECEMBER 1, 2022

But this week’s data is a signal that single-digit home price growth may not be seen before the new year.” Mortgage rates. But will these lower mortgage payments spur any buyers to make an offer? Some are looking to new construction to find the types of home features missing on the dusty listing pages.

Mortgages 82

Mortgages New Construction Days on market Construction 82

HomeLight

MARCH 21, 2023

In addition, Leonard points out that builders can be incentivized to negotiate to clear new construction inventory at the end of the year, offering deals in December that are no longer available in January. It’s important to point out that days on market in 2022 were fewer in Q1, so, while inventory is down, buyers are still hungry.

Agents 89

Agents Pre-approval Closing costs Sales 89

HomeLight

APRIL 5, 2023

In addition, builders can be incentivized to negotiate to clear new construction inventory at the end of the year. It’s also very tech driven so tech companies coming to the area and tech layoffs affect the surrounding housing markets. Interest rates are constantly changing and the California housing market moves fast.

Agents 89

Agents Closing As-is Sales 89

Marco Santarelli

NOVEMBER 10, 2020

The Boise housing market is a scorcher and is being fueled by low mortgage rates and limited supply compared to demand. The overall median sales price, including existing and new home sales, reached $409,945 last month, an increase of 17.2% That's how hot this market is even during the times of the Covid19 pandemic.

Marketing 138

Marketing Sales Construction Investor 138

HomeLight

MARCH 31, 2021

The sting of the market tumble kept cautious home builders from excessive building in the decade to follow, suppressing inventory while buyer demand continued to grow. Zoning restrictions cause building delays or thwart construction completely: Many cities limit new housing with strict zoning laws and building regulations.

Marketing 85

Marketing Banks Land Sales 85

Marco Santarelli

SEPTEMBER 19, 2022

In 2021, the hot housing market continued to be fueled by strong demand, low mortgage rates, and a trend toward working from home. In 2022, there is a decrease in sales activity, owing mostly to increased affordability issues, prolonged low inventory, and a major increase in mortgage rates. of Homes for sale were down 26.2

Marketing 52

Marketing Sales New Construction Mortgages 52

HomeLight

APRIL 21, 2023

Pros: Fast closing: A cash sale is significantly faster than a traditional mortgage-backed home purchase, often allowing you to close in as few as three to 10 days. The lack of land and the inability to build new construction has also limited development of additional housing, according to Cane. So we’re just out of land.”

Investor 72

Investor Renovation Closing Sales 72

Marco Santarelli

JULY 9, 2021

With a strong economy and low mortgage rates, buyer activity has been very strong in 2021. According to new data from local realtors, seller activity in May grew slightly, up 2.6 According to new data from local realtors, seller activity in May grew slightly, up 2.6 New construction sales dropped 5.5

Marketing 85

Marketing Purchase and sale agreement Investor Construction 85

Marco Santarelli

SEPTEMBER 8, 2021

The United States Census Bureau released new data on how much each county's housing stock expanded over the decade from 2010 to 2020, and a new analysis by Apartment List finds that Raleigh ranks third among the top 100 most populous metropolitan areas, behind Provo, Utah, and Austin, Texas, but just ahead of Boise, Idaho, with housing growth of 23.5

Marketing 105

Marketing Sales Days on market As-is 105

Marco Santarelli

SEPTEMBER 21, 2020

San Diego area is also a strong seller’s real estate market. Inventory is low, prices are rising, and pent-up demand alongside low mortgage rates has the market flooded with homebuyers. The shortage of supply and an increase in the demand for housing will push the prices higher in the San Diego housing market.

Marketing 138

Marketing Construction Investor Sales 138

Marco Santarelli

AUGUST 3, 2020

Rising prices may keep some from participating in the market, high property taxes can deter the expected growth, but the reality is San Antonio continues to rank as one of the best places to live across the country. There are also a wide variety of economic and political factors that can and do impact real estate markets.

Marketing 124

Marketing Investor Sales Construction 124

Realty Biz

JUNE 24, 2022

The rapid rise in mortgage rates, from an average of 3% to 6% over the past six months, is tempering Miami real estate’s historic pace,” MIAMI Chairman of the Board Fernando Arencibia Jr. Although top sales marks are still being achieved, higher rates are starting to restore balance to the market. © SeanPavonePhoto – Fotolia.com.

Sales 78

Sales Short sale Mortgages Fixed-rate mortgage 78

Marco Santarelli

JULY 31, 2021

Tucson's real estate market made headlines a decade ago for reaching incredible highs before the average home value was cut in half. With a strong economy and low mortgage rates, buyer activity has been strong in this region. With supply and demand continuing to favor sellers prices continue to rise in the Tucson real estate market.

Marketing 105

Marketing Investor Sales New Construction 105

Marco Santarelli

AUGUST 27, 2020

Due to rising economic uncertainly of the likes of the infamous recession cou0pled with stay-at-home order, the number of home sales in the Las Vegas housing market for April dropped sharply when compared to March. Many construction projects were also canceled or postponed indefinitely. home prices). homes are foreclosed (per 10,000).

Marketing 128

Marketing Purchase and sale agreement Investor Sales 128

Marco Santarelli

JULY 24, 2020

New construction permits in all cities often lag due to community resistance which blocks new housing. They have limited options in the San Francisco housing market. Although mortgage rates have decreased, big down payments & all-time high home prices aren't spurring more sales. from a year ago.

Marketing 144

Marketing Investor Sales As-is 144

Marco Santarelli

SEPTEMBER 5, 2020

Even after suffering from the pandemic, the Phoenix housing market 2020 still comes out on top. As we saw Arizona real estate market thriving & becoming sizzling hot in the past couple of years, even the rise in mortgage rates was believed not to affect it. Impact of Covid-19 on The Phoenix Housing Market.

Marketing 135

Marketing Purchase and sale agreement Investor Sales 135

Marco Santarelli

JANUARY 26, 2021

The fast-uneven growth in the metro area as seen in Denton and Collin counties with new families has seen the construction of new homes and new apartments. Higher mortgages have been registered in Dallas since most residents qualify for them due to their next to perfect credit scores. High Rent to Home Price Ratio.

Marketing 105

Marketing Investor Residential As-is 105

Marco Santarelli

AUGUST 21, 2020

On average, homes in Miami, FL sell after 93 days on the market. The trend for median days on market in Miami, FL has gone down since last month, and slightly up since last year. More detailed Miami housing market trends and forecasts are given below. First, there is no subprime mortgage crisis this time.

Marketing 126

Marketing Investor Sales As-is 126

Marco Santarelli

MAY 31, 2022

On average, homes in Asheville, NC sell after 65 days on the market. The trend for median days on market in Asheville, NC is flat since last month, and slightly down since last year. According to Zillow, the percent of delinquent mortgages in Asheville is 0.4%, which is lower than the national value of 1.1%.

Marketing 104

Marketing Investor Sales As-is 104

Housing Wire

MARCH 22, 2024

Before meeting with a mortgage lender, buyers should have a clear picture of their finances. Buyers should enter negotiations with one of two mindsets, depending on days on market and whether there are other offers in hand. Meet with a financial advisor. That means it meets most of their criteria while remaining in their budget.

Agents 422

Agents Pre-approval Pre-qualification Inspection 422

Marco Santarelli

JULY 15, 2021

The median days on market was 5 in Baltimore County and 8 in Baltimore City. New infrastructure built by the city includes enhanced bus stops, dedicated bus lanes, rail improvements, and road improvements. Moreover, it's even harder to take out a mortgage for those who have student loan debt.

Marketing 98

Marketing Investor Sales As-is 98

Marco Santarelli

SEPTEMBER 22, 2020

On average, homes in the Chicago area sell after 63 days on the market. The trend for median days on market in Chicago has gone up since last month, and slightly down since last year. The Chicago metro area housing market is slowly improving as more homes went into the contract in July as compared to June.

Marketing 140

Marketing Sales Investor As-is 140

Marco Santarelli

AUGUST 4, 2020

Sales of single-family homes went up by around 14% in January as compared to the previous year, a big start to 2020 that was driven by low mortgage rates and demand for homes priced between $250,000 and $750,000. Buyers were taking advantage of historically low mortgage interest rates through the first half of the month. percent to $2.23

Marketing 141

Marketing Investor Sales As-is 141

Marco Santarelli

AUGUST 26, 2020

On average, homes in Seattle, WA sell after 38 days on the market. The trend for median days on market in Seattle, WA has gone down since last month, and slightly down since last year. With 2020 being, theoretically, in the middle of a boom, there are still 4 years for residential construction to surge.

Marketing 141

Marketing Investor Sales As-is 141

Marco Santarelli

SEPTEMBER 11, 2020

Conditions in the Colorado Springs real estate market seem to be in a sustainable, upward direction and show no signs of slowing down. The local economy is strong and mortgage rates remain low. Is Colorado Springs going to be a sizzling real estate market for investors in 2020 & 2021? Days on Market Until Sale.

Marketing 105

Marketing Investor Sales As-is 105

Marco Santarelli

AUGUST 10, 2020

year over year to $335,200, according to March 2020 market report released by ABoR. months of inventory, and average days on market decreased from 65 days to 54 days. For buyers in the Austin housing market: It is a great opportunity to scoop up their favorite deals due to low mortgage rates.

Marketing 141

Marketing Residential Investor Sales 141

Marco Santarelli

SEPTEMBER 7, 2020

The biggest mistake buyers make is sitting around waiting for sale prices to decline while their potential mortgage payment plummets. The average interest rate on a 30-year fixed-rate mortgage fell to a record low of 2.88%. The 15-year fixed-rate mortgage dropped to 2.44%. The average days on market is 76.

Marketing 126

Marketing Investor Sales As-is 126

Marco Santarelli

SEPTEMBER 8, 2020

Average days on market. The biggest mistake buyers make is sitting around waiting for sale prices to decline while their potential mortgage payment plummets. The average interest rate on a 30-year fixed-rate mortgage fell to a record low of 2.88% in the first week of August. Median closed price (month/month).

Marketing 105

Marketing Purchase and sale agreement Investor Closing 105

Marco Santarelli

APRIL 29, 2021

It compares key housing metrics of the San Jose housing market from March 2021 with March 2020. . Median Days on Market was 8. Impact of the Pandemic on San Jose Housing Market. For buyers, the mortgage rates are still low as compare to last year. Samsung opened a new campus here in 2015. year-over-year.

Marketing 126

Marketing Investor Residential Sales 126

Marco Santarelli

AUGUST 1, 2020

Several key housing indicators showed year-over-year gains as more buyers re-entered the market in June. The factors driving prices up are an increase in demand for housing, tight inventory, and record-low mortgage rates. New Listings. Days on Market Until Sale. Denver Metro Area is still a strong seller’s market.

Marketing 137

Marketing Investor Sales Residential 137

Marco Santarelli

AUGUST 2, 2020

Home sales in the NYC housing market were down 46 percent from last year's June. Median Days on Market were 84 which was 6 days faster than last year. New listings increased by 24% year-over-year. With the phased opening of the economy, buyers have been quicker to return to the housing market. months to 5.4.

Marketing 142

Marketing Sales Pre-approval Investor 142