Housing Wire

DECEMBER 26, 2022

Starting this week, I will analyze weekly data in a Housing Market Tracker article every Monday to provide a status update on the U.S. The housing market is one sector that can turn positive or negative very quickly depending on mortgage rates or one-time shocks like we saw with COVID-19. housing market and economy.

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Housing Wire

JANUARY 5, 2023

The 2022 housing market was savagely unhealthy , with all-time lows in inventory leading to massive bidding wars and price spikes until the Fed put a screeching halt to all of it with rate hikes that resulted in the most significant one-year spike in mortgage rate history. national home price decline. Mortgage rates.

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Toronto Realty Blog

NOVEMBER 18, 2022

I’m asking the gents in here to remember because my follow-up question is this: did you hate him or did you respect him ? Those are your only two options because, in truth, those were really the only two reactions that most guys had. Remember that guy back in high school that was super popular and always got the ladies?

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Housing Wire

JANUARY 19, 2024

Since making some holiday adjustments, we have seen a seven-week positive trend in purchase apps since November. It happened in 2008 and then didn’t happen again until 2023. in December to a seasonally adjusted annual rate of 3.78 Today, we need context for the growth we’ll see in existing home sales in 2024. Sales faded 6.2%

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Housing Wire

MAY 26, 2022

As the 10-year yield broke above 1.94% and mortgage rates rose, we saw the impact on housing data. Since the summer of 2020, this has been my main talking point on what can cool down housing ; it’s a 10-year yield above 1.94% , meaning rates above 4%. This week’s purchase application data showed week-to-week growth of 0.2%.

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The Close

AUGUST 18, 2022

And since almost every other demographic is sick of online ads, prospecting letters tend to have an excellent response rate. For this article, we pulled together 19 of the best real estate prospecting letters to help you connect with buyers, FSBOs, newly divorced homeowners, expired listings, and more. Related Article.

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Housing Wire

DECEMBER 20, 2021

Even in the extreme conditions of COVID-19, my general premise on housing economics predicted that the two variables with the most influence — demographics and mortgage rates — would hold up the housing market. With those two factors still very much in play, here is my 2022 forecast. The 10-year yield and mortgage rates.

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HomeLight

JULY 28, 2022

The company makes a firm offer (usually within 24 hours, sometimes on-site after the walk-through) which you can accept or decline. Closing and getting paid is quick, typically within seven days to a few weeks. By selling to one of these companies, you should be able to sell your Kansas City home in as little as a week or two.

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Toronto Realty Blog

NOVEMBER 27, 2023

TorontoRealtyBlog I’ve been hearing about “the market crash” since before I even started to sell real estate back in 2004, but if there’s been one consistent theme throughout my two decades in the industry, it’s that people have a fixation with this idea of a major collapse. It was almost $1,200,000 last year.

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Toronto Realty Blog

DECEMBER 14, 2022

Believe it or not, this is the eighth year I’ve been working with this format; the top five blogs followed by the top five posts. I hope you enjoyed that “trip down memory lane,” as Marina so eloquently put it, with the Top Five Blog Posts of 2022 in Monday’s post. That was a year in which Ms. 1) The Pandemic.

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Toronto Realty Blog

JANUARY 6, 2022

I mean, “Burning Questions” again? And we did this to start off January 2021, not just as a stand-alone blog, or even a two-part series, but rather a three-part series that spanned the entire first week back! This damn thumb took two days to stop bleeding. We did this after Labour Day, right? And I love it.

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Toronto Realty Blog

JULY 18, 2022

I felt envious because I was watching a jogger pass by, and having sprained my ankle on April 11th, I, unfortunately, haven’t run since that magical 10K in Hampstead Heath in London, two days prior. One from a client: David, we just heard about the interest rate hike! TorontoRealtyBlog. What a cornucopia of emotions, right?

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The Close

SEPTEMBER 8, 2022

Statistics in this article: Real Estate Agent Statistics. Those numbers may be leveling off, marking a return to a normal expansion rate. Related Article. Among those who had two years or less of experience, 37% were racial minorities, an increase from 34% one year ago. Looking for a Realtor? Southern Market Migration.

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Notorious ROB

JUNE 12, 2022

But, thanks to rising inflation that no amount of book-cooking can cover up, the Fed has been forced to “take action” by which we mean raise rates a tiny bit, then jawbone a whole lot about how tough they’re going to be on inflation. A recession is two quarters of negative GPD growth (contraction) in a row.

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Notorious ROB

JULY 14, 2022

I spent the last month or so trying to understand the view that higher interest rates, leading to higher mortgage rates, will tame the crazy housing market. And this article from yesterday titled “ With home sales down, why are home prices still up? Let’s get into it. The Basic Argument.

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Marco Santarelli

AUGUST 5, 2020

Low mortgage rates, population growth, and an increase in buyer interest are further driving the demand for available housing. Home prices rose during the pandemic and could rise even further due to heavy buyer competition and a significant shortage of supply. nationwide for the week ending July 25, posting a 2.7

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Marco Santarelli

SEPTEMBER 22, 2020

The Chicago housing market recorded positive month-to-month and year-over-year increases in both prices and sales, reversing two months of declines in sales, a great sign that the market is bouncing back from the COVID-19 pandemic. The month’s supply of inventory declined 8.5%, from 4.7 percent from July 2019 sales. in October.

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HomeLight

DECEMBER 1, 2020

households outgrow their home within two years. It is an extension of my physical body and my sense of self that reflects who I was, am, and want to be,” wrote Dr. Karen Lollar in her article for Qualitative Inquiry, a peer-reviewed academic journal. People who sold their home in Q2 2020 had owned that house for an average of 7.95

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Marco Santarelli

AUGUST 26, 2020

The Seattle real estate market showed a lot of resilience and is poised to recover the decline in sales, especially in the context of the slowdown experienced in April and May. That trend continued to follow even during the Covid-19 epidemic. The latest trends point towards stronger sales and a rise in prices for the next three months.

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Marco Santarelli

AUGUST 27, 2020

Houisng prices are at record levels, with historically low-interest rates, strong demand, and tight housing supply. percent rise from the previous record high in June. July's real estate data by Realtor.com also shows that the Las Vegas housing market is heating up again. It was a 1.5 Closed sales increased by 34.9

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Marco Santarelli

AUGUST 4, 2020

This housing market has been impacted by the pandemic and slumping oil prices which led to a decline in home sales down. However, the market conditions are showing some signs of improvement due to growing consumer interest and pent up demand after two months of continuous decline in sales. percent year-over-year.

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Marco Santarelli

AUGUST 21, 2020

Out of five counties, only two of them saw a year-over-year decline in sales. Sales in Miami-Dade & Broward counties declined by 6% and 0.7% As we enter into the 3rd quarter of 2020, Miami remains a buyers' market and investors need to capitalize on this advantage while it is still there. respectively. Lucie (20.5%).

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Marco Santarelli

NOVEMBER 17, 2020

Another factor of increase in the out-of-state homebuyers is that Tennessee is one of only seven states that does not impose an income tax and one of two that doesn’t collect tax on earned income. High demand and low inventory are leading to the rise in home prices in Nashville at a fast pace.

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Marco Santarelli

JULY 24, 2020

This article has been updated to reflect recent changes in the housing market of San Francisco due to the coronavirus pandemic. Seven of them declined more than 23 percent from the prior year. While the median house price has hit a new peak, the median condo price has declined from its 2019 high. to $1,805,000.

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Marco Santarelli

SEPTEMBER 8, 2020

Buyers have less negotiating power because inventory in the Naples area continues to decline. In the past ten years, the annual real estate appreciation rate has amounted to 6.45%, according to NeighborhoodScout.com. The Naples real estate market has been extremely resilient to the impact of the coronavirus pandemic.

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Marco Santarelli

MAY 31, 2022

over the past year and Zillow's Asheville real estate market prediction is that the prices will rise 0.8% Accordingly, LittleBigHomes.com estimates that the probability for rising home prices in Asheville, NC is 88% during this period. Asheville, North Carolina sits in the Blue Ridge Mountains in the western part of the state.

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The Close

DECEMBER 29, 2022

Furthermore, in today’s market, understanding our complex mortgage industry could actually help you close more deals and maybe even save clients money. So we’ve included a handy download with questions your clients should ask their mortgage broker. 4 Key Interest Rate Questions That Could Save Your Clients Money.

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GeekEstate

JANUARY 3, 2022

[Editor’s Note: We publish a Weekly Transmission for GEM members , a series of long-form articles covering the spectrum from shipping container co-living spaces to the battle for listing acquisition in the first iBuyer world war. Following a year of record-breaking uncertainty, 2021 was the year that just was.

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Toronto Realty Blog

JANUARY 8, 2021

I hope you’ve enjoyed the first two installments of this lengthy 3-part series to start 2021. This isn’t exactly my area of expertise, so I’m going to ask my mortgage broker, Tony Della Sciucca, to handle this. And what can we expect for 2021 when it comes to mortgage lending? Happy Friday, folks!

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