RIS Media

MARCH 19, 2024

New-home construction bounced back sharply in February due in part to slightly more favorable mortgage rates and a dearth of existing houses for sale. Housing starts rose 10.7% in February to an annual rate of 1.52 million, beating estimates of a 1.5 Housing starts rose 10.7% in February to an annual rate of 1.52

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RIS Media

FEBRUARY 1, 2024

Buying a house under construction is a more viable option now than it has been in the recent past. That’s because a lot of builders are undertaking to fill market needs due to the limited inventory of current homes for sale.

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Housing Wire

MARCH 27, 2024

The company collects a 3% buyer agent commission, keeps a third of it, and refunds the rest to the buyer; it does not charge a seller agent commission fee. Construction slows down One thing that stands out in Jacksonville’s listings rankings is the recurring presence of homebuilders. However, new-home sales were up 5.9%

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HomeLight

MARCH 29, 2024

To find the Goldilocks price point, most real estate agents use the sales comparison approach. In this post, we’ve asked two top real estate experts to share insights on how this approach plays a key role in your home sale, how it works, and another pricing option you might need. How Much Is Your Home Worth Now?

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Keeping Current Matters

OCTOBER 14, 2020

Purchaser demand is so high, the market is running out of available homes for sale. The National Association of Realtors (NAR) revealed that, while home sales are skyrocketing, the inventory of existing homes for sale is dropping dramatically. housing inventory.”. months…This is the all-time record low months of supply.”.

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Housing Wire

NOVEMBER 28, 2023

The team specializes in buyer and seller representation as well as new construction. million in sales volume. Compass launched operations in Wisconsin in 2021 and currently operates eight offices with 175 real estate agents. In 2022, the Husky Homes team closed 121 transactions and more than $48.4 It even ranked No.

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RIS Media

MARCH 31, 2021

With inventory continuing to be at record lows in 2021, a new trend is developing in the real estate market regarding new-home construction. ” Of the new construction being built, many of them are more energy efficient and have more technology integrated into the homes. For more information, please visit www.unitedcountry.com.

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Realtor.com

NOVEMBER 17, 2022

Many homebuyers may find the added expense of new construction well worth it, due to the money they stand to save on renovations and repairs that might crop up in an older home. But homebuyers should also know that they can lower the costs of new construction right when they make the purchase through some smart negotiation tactics.

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Housing Wire

APRIL 30, 2024

In the newly proposed rules handed down in October, the H4P program would, in certain circumstances, allow for inclusion of an interested party contribution of up to 6% of a home’s sale price. Broker perceptions Scott Harmes, the national manager of the reverse division at brokerage C2 Financial , believes that HUD’s changes are constructive.

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Housing Wire

AUGUST 2, 2023

Daryl Owen , the founder of top California independent brokerage Nationwide Real Estate Executives , is joining eXp Realty and taking 200 agents along with him. In 2022, his team closed $887 million in sales on 1,091 transactions, with an average home price of $740,000, eXp said in a statement Wednesday.

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Housing Wire

DECEMBER 6, 2021

Instead, the Michigan-based eXp agent created her Facebook business page shortly after passing her licensing exam in 2011 and named it “Gogo’s Real Estate.”. “I I told everyone ‘Hey, I’m a brand new agent and I’m learning this as I go and I’m going to take you guys on the ride to see what it takes to be a Realtor.’

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Toronto Realty Blog

APRIL 8, 2024

of Torontonians had never heard of Bjarke Ingels, and that there was no reason why people should be paying $2,000 per square foot for a pre-construction project simply because it has his name on it. This project began sales not too long ago and I was sent an information package by real estate agents, blog readers, and clients alike.

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Housing Wire

AUGUST 29, 2023

Like your customer, the recruitment process can be visualized as a sales funnel, where potential recruits enter at the top, and the best-suited agents emerge at the bottom as ideal members of your team or brokerage. Would an agent from the outside be impressed? Intent Agents are on the verge of making a decision.

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Toronto Realty Blog

JULY 4, 2023

TorontoRealtyBlog Do you remember the good old days of pre-construction condominiums? I remember when, among other things, you could purchase a pre-construction condo with a mere 5% deposit. That was the reason to buy pre-construction condos back in 2004, not to mention that absurd 5% deposit structure. And that was it.

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Housing Wire

MARCH 20, 2024

The company monetizes its platform’s traffic in a variety of ways, primarily by selling leads, software-as-a-service tools for agents and advertising services. However, the company still makes the vast majority of its revenue – 75% in 2023 – from the services it provides brokers and agents in the for-sale residential market.

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Housing Wire

NOVEMBER 3, 2023

With the seamless integration of the homegenius Platform, consumers can: Connect with experienced real estate agents. titlegenius by Radian, provided by Radian Settlement Services, allows homebuyers and sellers to easily manage their title transaction and closing online and receive real-time updates from their agent for a cohesive experience.

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Housing Wire

JULY 17, 2023

This transformative technology has opened up a new world of possibilities, empowering agents and captivating potential buyers like never before. According to Matterport, 360 interactive virtual tour integration in real estate listings increases the likelihood of homebuyers reaching out to agents by a significant 95%.

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Inman

FEBRUARY 24, 2023

A dip in mortgage rates and a backlog of empty homes helped power sales of newly constructed houses for the second-straight month in January, according to data released Friday by the U.S. Census Bureau.

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RIS Media

AUGUST 2, 2021

If you’ve spent any time watching the real estate market this year or working in the field, you know we’re navigating one of the hottest seller’s markets on the books, and new construction has been an ongoing challenge. The median sales price of a home in June of 2021 was $370,600—an 24.4% Will the result take immediate effect?

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Keeping Current Matters

NOVEMBER 18, 2021

Historically, the number of buyers and listings for sale significantly increase in the spring and remains strong throughout the summer. The outbreak of the virus and subsequent slowing of the economy limited sales during the spring market. The only thing that held the market back was the extremely limited supply of homes for sale.

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RIS Media

MAY 23, 2023

New home sales increased for the seventh straight month in April due to low inventory pushing an increase of demand into the new construction market. Census Bureau, new home sales rose to a rate of 683,000, 4.1% above… The post New Home Sales Continue 7-Month Rise appeared first on RISMedia.

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Realtor.com

JANUARY 2, 2023

While purchasing new construction is indeed different from purchasing previously owned property, many misconceptions abound about new builds. With that in mind, we’re here to set the record straight on some easily busted new-construction myths that just won’t quit. New construction homes are more expensive.

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Housing Wire

NOVEMBER 7, 2023

Though this seems like a whole new stress-inducing worry for many real estate agents , the fact is that commissions have never been a set amount, just an expectation or a tradition in many markets. For Sale By Owners are the same. One of the top concerns for homebuyers as well as agents right now is the historic lack of inventory.

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RIS Media

JULY 8, 2021

Within residential construction, general contractor and other related jobs increased by 15,200—a huge relief for a market that’s being squeezed by a lack of inventory. More construction jobs and training will be needed to build more homes and for a federal government infrastructure spending boost.”

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Housing Wire

JANUARY 10, 2024

Even if you have little competition from other homes for sale, it’s your job (and the seller’s expectation) to market, advertise, show and sell their home in its best light. Remember, you’ll have an agent, one or two buyer clients and maybe their kids walking in for the showing. It matters!

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MLS Pre-approval Inspection Agents 421

Housing Wire

AUGUST 18, 2023

Secret #2 Sometimes, especially in a low-inventory market, your potential seller client may know about comparable sales you didn’t capture. Know what’s going on with the new construction! What is motivating the sale? Be the one who is their problem solver, not the agent who assumes they know everything.

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Housing Wire

MARCH 22, 2021

. “Offering all cash is usually an effective bidding-war strategy, but the market is so hot that even the number-one strategy has evolved this year,” said Nicole Dege, a Redfin agent based in Orlando. “The lack of inventory on the market is preventing home sales from being much higher.”.

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Realty Biz

APRIL 12, 2023

Buying a new construction home involves a different process than buying an existing home, and some people wonder if they need a real estate agent at all to buy one. While you technically do not need a realtor to represent you when you buy a new construction home, there are a few reasons it would be in your best interest to do so.

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Housing Wire

JANUARY 11, 2024

For the most part, many brokerages and real estate agents on the buyer’s side of the transaction have continued on with a “business as usual” approach until we have certainty as to the true impact. Do you have a viable sales model, beyond expecting all new business from the parent company of the ABA?

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Real Trends

MAY 6, 2022

The most pressing concern for real estate agents? Not enough homes being built, say real estate agents who attended the National Association of Realtor’s legislative meeting this week in National Harbor, Maryland. And what is the biggest challenge real estate agents face over the next five years?

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Housing Wire

JANUARY 7, 2022

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. There’s been a real surge in life sciences and biotech,” said Ross Clark, a Compass agent based in San Diego’s tony La Jolla neighborhood. San Diego, California. Honolulu, Hawaii. Springfield, Missouri.

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Marketing Loan Officer Construction New Construction 397

Inman

OCTOBER 23, 2023

While existing home sales are increasingly in the news, new construction is proving to be an attractive and increasingly important segment for agents. Today’s housing market is unlike any in decades.

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New Construction Construction Agents Sales 172

Broke Agent Media

MARCH 30, 2023

BAM Key Details: According to the National Association of REALTORS, pending home sales for February 2023 are up for the third consecutive month, rising 0.8% An index of 100 is equal to the level of sales contract activity in 2001, when NAR began tracking the data. While some sales fall through, for one reason or another (e.g.,

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Housing Wire

MAY 19, 2021

The number of homes for sale also sank to a record-low average of only 19 days on the market. “There simply aren’t enough homes for sale in America for everyone with the desire and the means to buy one right now,” Fairweather said. Regional numbers also reflect the enormous difference in house sales from April 2020.

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Real Trends

MARCH 29, 2023

Here are a few trends and predictions I see happening with new construction buyers: Don’t expect massive price drops Here’s the reality: We will not see the massive price drop that occurred between 2008 and 2011. The post Opinion: will we see massive price drops in new construction? Buyers face the question of price versus value.

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Realtor.com

OCTOBER 15, 2020

fstop123/Getty Images Few things are as exciting as purchasing a newly constructed home. So, before closing on a new-construction home, here are some things you need to consider. They don’t make ’em like they used to” is a common phrase that refers to the solid construction of many older homes. The builder’s reputation.

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New Construction Construction Purchase and sale agreement Design 138

Toronto Realty Blog

SEPTEMBER 19, 2022

I have been perhaps the harshest critic of the pre-construction condominium industry in Ontario over the past two decades. It’s an odd position for a real estate agent, of all people, to take. Some of you, reading this, have made money in pre-construction. I have no doubt about that.

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Construction Industrial Purchase and sale agreement Pre-approval 74