Housing Wire

DECEMBER 16, 2021

We’ve had the sharpest and yet also the shortest recession in history, record-low mortgage rates leading to record origination volumes, and record home prices as housing demand far outstripped supply. The last two years have been a wild ride. Odds are that this turn in the pandemic will likely be just a temporary setback.

Mortgages 454

Mortgages Marketing Industrial Equity 454

Housing Wire

DECEMBER 20, 2021

COVID was a veritable iceberg for our ocean liner economy, but the ship did not go down! For 2022, my range for the 10-year yield is 0.62%-1.94% , similar to 2021. This couldn’t happen in 2020 but should happen in 2021. With those two factors still very much in play, here is my 2022 forecast.

Mortgages 543

Mortgages Sales As-is Construction 543

Toronto Realty Blog

NOVEMBER 7, 2022

Sales are down, prices are flat, the sexy “bidding war” stories aren’t being told with regularity by newspaper columnists, and thus there’s nothing for us to get all riled up about. Those six articles were written by the same two authors, and I’m willing to bet neither owns their own home.

Sales 73

Sales Marketing As-is Finance 73

Housing Wire

NOVEMBER 22, 2021

The National Association of Realtors ‘ existing home sales report for October came in at a solid beat of estimates at 6.34 This number is above my trend sales peak of 6.2 million and that means we have had back-to-back existing home sales prints of over 6.2 million and 6.2 million in 2020.

Sales 526

Sales Days on market Investor Mortgages 526

Housing Wire

JANUARY 26, 2022

Today the Census Bureau ‘ s new home sales report came in as a beat of estimates at 811,000. The bearish take on housing for the second half of 2021 didn’t really pan out, especially in the new home sales sector. months at the current sales rate. They will build as long as new home sales are growing.

Sales 432

Sales Construction Mortgages As-is 432

Housing Wire

JANUARY 12, 2022

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.

Days on market 537

Days on market Loans Mortgages Sales 537

HomeLight

APRIL 29, 2022

If you’re planning to sell your home in 2022, you may be weighing the possibility of working with an iBuyer such as Offerpad and be curious to learn more about this option. People searching for a home can also browse Offerpad-owned listings and work with one of the company’s transaction managers to make a purchase.

Purchase and sale agreement 91

Purchase and sale agreement Closing costs Closing Staging 91

Housing Wire

NOVEMBER 23, 2022

Today new home sales beat estimates , and new home median sales prices hit an all-time high. Hopefully, I can make sense of this report, which showed the home sales beat estimates with prices still at all-time highs. percent)* below the October 2021 estimate of 671,000. What is going on here?

Sales 453

Sales Construction New Construction Mortgages 453

Housing Wire

APRIL 20, 2022

It was close to my home and on a whim I just went down and interviewed,” Williamson said. “I Back in the day it was newspaper articles and if you were lucky you might be able to get a print ad about something you had done or a house that you had sold.”. Williamson was on the airline’s inaugural flight to Moscow in 1968.

Agents 400

Agents Brokerage Technology Closing 400

Toronto Realty Blog

DECEMBER 14, 2020

Don’t say I didn’t warn you! I specifically didn’t post new content on Friday because I knew you’d all need to be fresh, eager, and well-rested this morning in order to power through this week’s blogs. Those long-term readers among you will recall the length of these “year-end” blog posts. ” LOL.

Purchase and sale agreement 113

Purchase and sale agreement As-is Debt-to-income ratio Marketing 113

Real Trends

APRIL 19, 2022

It was close to my home and on a whim I just went down and interviewed,” Williamson said. “I Back in the day it was newspaper articles and if you were lucky you might be able to get a print ad about something you had done or a house that you had sold.”. Williamson was on the airline’s inaugural flight to Moscow in 1968.

Agents 110

Agents Brokerage Technology Closing 110

Toronto Realty Blog

JANUARY 16, 2023

I know that it sells, and I know that uncertainty can lead to fear, but my optimism is based on the fact that I truly think December will mark the end of this decline in home prices in Toronto. Yes, he was a musician, but not like a drummer or a bassist. Read the lyrics to “The End.” But there’s a lot more to the song.

Sales 77

Sales Marketing As-is Title 77

Toronto Realty Blog

DECEMBER 15, 2021

Looking back at my year-end posts from 2020, 2019, 2018, and so on, I swear I don’t think I’ve ever felt older. Somebody told me once that when you have children, the years go faster because you start to view your life in terms of your children’s milestones. It happens so quickly, and you’re simply along for the ride.

As-is 96

As-is Marketing Title Agents 96

Marco Santarelli

MARCH 24, 2021

The homebuyers in the Charlotte housing market have dealt with a persistent seller’s market, which has shrunk inventory and driven up home prices. Last year was the sixth consecutive year of home price gains in the Charlotte real estate market. So, how did COVID-19 affect the Charlotte housing market? It mainly affected the no.

Marketing 120

Marketing Purchase and sale agreement Investor Sales 120

Toronto Realty Blog

JANUARY 1, 2022

However, the rental market did gain ground last year. But can you blame me? All that time off over the holidays without an outlet for my thoughts – both about real estate, and not, and you had to know that the first blog back in January would be lengthy. Is our market really the “same old, same old?”

Construction 101

Construction Investor Equity Land 101

Marco Santarelli

SEPTEMBER 17, 2020

Based on the FHFA all-transactions home price index, typical home values in the Kansas City MSA in the 2nd quarter of 2020 rose by 4.8 Based on the FHFA all-transactions home price index, typical home values in the Kansas City MSA in the 2nd quarter of 2020 rose by 4.8 percent compared to the same quarter in 2019.

Marketing 122

Marketing Sales Investor Days on market 122

Toronto Realty Blog

JANUARY 18, 2023

Last week, I offered my opinion on the new vacant home tax here in Toronto, but this is much, much better. “Vacant Homes & Empty Minds” Nothing to See Here. “Vacant Homes & Empty Minds” Nothing to See Here. At the start of 2022 Toronto introduced new municipal taxes on vacant homes (i.e.

Purchase and sale agreement 98

Purchase and sale agreement Residential Land Renovation 98

Notorious ROB

JUNE 12, 2022

Here’s TechCrunch with an article titled, “ This is not (just) another roundup of tech layoffs “: After a month that saw nearly 16,000 tech workers lose their jobs, June is off to a similar tumultuous start. In part 1 , we covered legal and regulatory challenges to the real estate industry. ” —?

Investor 86

Investor Banks Bankruptcy Equity 86

Marco Santarelli

AUGUST 10, 2020

Austin housing market has been impacted by the pandemic which led to a decline in home sales due to critically low levels of housing inventory. After two months of sharp declines, home sales in the Austin-Round Rock MSA rebounded this June with a 9.3% increase year over year, which helped hold sales to only a 5.2%

Marketing 141

Marketing Residential Investor Sales 141

Marco Santarelli

SEPTEMBER 11, 2020

The real estate market has reached record high prices with a lack of homes for sale. The Colorado Springs real estate market is facing a severe lack of inventory, with 50% fewer homes available for sale than at this same time last year. In August, home sales in El Paso county increased by 13.3%

Marketing 106

Marketing Investor Sales As-is 106

Marco Santarelli

AUGUST 27, 2020

According to the association of local realtors (LVR), July had the most amount of home sales since 2017 with more than 4,000 existing homes sold. Closed sales increased by 34.9 Closed sales increased by 34.9 The median list price of homes in Las Vegas, NV was $310K in July 2020, trending up 5.1%

Marketing 128

Marketing Purchase and sale agreement Investor Sales 128

Marco Santarelli

SEPTEMBER 8, 2020

percent increase in pending sales for the month. percent increase in pending sales for the month. Total sales (closed) during July increased 35.4 On average, they could sell homes for 96.25% of the listing price–just 3.75% below asking price. The median list price of homes in Naples, FL was $382.5K, trending up 5.7%

Marketing 106

Marketing Purchase and sale agreement Investor Closing 106

Marco Santarelli

SEPTEMBER 5, 2020

It could only pause sales, which in turn created a huge pent up demand. In July & August, the Phoenix was a hot seller’s real estate market, which means there were roughly more buyers than there were active homes for sale. In July, the median sales price — up 3.3% in a single month, and up 12.5%

Marketing 135

Marketing Purchase and sale agreement Investor Sales 135

Toronto Realty Blog

JULY 30, 2021

Last week, I read perhaps the most insane real estate article I’ve ever read, and that’s saying a lot, considering I’ve claimed to have read the most insane article ever at least a few times per year, for eighteen years. ” Society in 2021; complain, complain, point fingers, complain more. That, I did.

House Flipping 98

House Flipping Renovation Land As-is 98