Housing Wire

OCTOBER 28, 2024

We track inventory and home sales very closely, so the biggest surprise this year has been the resiliency of home prices. All the dominant trends in the housing market this year seem like they would indicate home prices declining. As a result, we’re now only 21% fewer homes on the market than this point in 2019. 66 vs. 53 days.

Mortgages 449

Mortgages Sales Marketing As-is 449

Housing Wire

AUGUST 8, 2024

Although there is no doubt that business practice changes outlined in the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement are going to impact how real estate industry professionals operate, economists aren’t too sure they’ll have much bearing on the housing market. “I

Debt-to-income ratio 466

Debt-to-income ratio Marketing Mortgages Days on market 466

Housing Wire

MARCH 3, 2025

Over the last two months with economic uncertainty, the bond market has responded and the yield for the 10-year treasury has declined by 60 basis points from 4.8% The thing to keep in mind for the housing market as we roll into March is that mortgage rates have been easing down. There are 193,000 on the market.

Sales 348

Sales Mortgages Days on market As-is 348

Housing Wire

JUNE 9, 2025

Here are twelve mind-blowing ideas and prompts smart agents are using to close more deals with ChatGPT in 2025. It’s also the best brainstorming tool ever created, a perfect marketing sidekick for busy agents. Please create an Instagram caption to help sell my listing, ” or “You are a professional content marketer.

Branding 408

Branding Title Agents As-is 408

Housing Wire

JANUARY 22, 2021

This also closed the books on 2020’s housing market as we finished out the year at 5,640,000 total existing-home sales — a 5.6% The COVID crisis of 2020 was responsible for a lot of abnormal metrics in the housing market. We saw hints of this prime housing market period as early as February of 2020.

Marketing 545

Marketing Sales Days on market Mortgages 545

Housing Wire

MAY 6, 2025

We believe that delayed marketing will create customer confusion and we are not participating, Pareja said. On April 10, we announced our partnership with Zillow , where we committed to launching all eXp listings on the first day of advertising. Outside of the U.S. No other brokerage operates like this, he said.

Brokerage 362

Brokerage Technology Agents Design 362

Housing Wire

JULY 3, 2024

Today’s housing market suffers from affordability issues due to mortgage rates in the 7s and high home prices. People are quick to panic over any part of the housing market that looks stressed, fearing we’ll see 2008 levels of destruction all over again. Why choose 2011?

Marketing 373

Marketing Equity Days on market Sales 373

Housing Wire

APRIL 15, 2022

We’ve all been wondering what 5% plus mortgage rates would do to the hot housing market, and now we’ve got that and a bag of chips. As a result, I’ve been rooting for mortgage rates to rise to create a balancing impact on this housing market. Even this week, on tax day, it is still showing a decline.

Mortgages 500

Mortgages Marketing Sales Days on market 500

Housing Wire

JANUARY 23, 2023

Here’s the housing market rundown for the last week: Purchase application data had a solid week-to-week gain of 25%. Mortgage rates fell, but the bond market didn’t break what I see as a critical level, so for now, stabilization is more important. Last week’s housing market data provided mixed news.

Marketing 508

Marketing Mortgages Sales As-is 508

Housing Wire

FEBRUARY 27, 2023

We created the weekly Housing Market Tracker because housing data has been so wild since 2020. The housing market madness persisted last week as inventory fell and higher mortgage rates took a bigger bite out of purchase application data. In a typical marketplace, the days on market are more than 30 days.

Marketing 450

Marketing Mortgages Days on market Sales 450

Housing Wire

JANUARY 19, 2023

While home prices have started to inch down, more inventory is needed for a balanced housing market, the Federal Reserve Beige Book said. Housing markets continued to weaken, with sales and construction declining across [all 12 Federal Reserve] districts,” according to the Federal Reserve Beige Book released on Wednesday.

Marketing 421

Marketing Residential Construction Sales 421

Housing Wire

MARCH 24, 2025

Is the home being marketed effectively? Is the price aligned with current market conditions? Here are the initial items to check on: Marketing photos and description: Start by reviewing your marketing strategy. These markets are very local and can last weeks, months or years. Does it show well?

Staging 336

Staging Sales Agents Marketing 336

Housing Wire

AUGUST 2, 2022

Average monthly SFR listings for the first half of 2022 came in at 43,891, up nearly 58% year over year, while closed monthly listings over the period averaged 5,788, up nearly 11%. metro areas with the highest median monthly rents as of the close of the first half of 2022, according to the HouseCanary report.

Marketing 384

Marketing Days on market Investor Closing 384

Housing Wire

APRIL 22, 2025

The CCP requires listing brokers to share a listing to the MLS within 24 hours of publicly marketing the property. However, the policy allows for office exclusives which can be marketed to other agents in the same brokerage and in one-on-one communication with agents at other firms.

MLS 234

MLS Brokerage Days on market Industrial 234

Housing Wire

JUNE 28, 2024

According to local real estate agents, the region’s housing market seems to have read the same memo, as June did not bring the same market boost as many have grown accustomed to. So, this year, April and May were a little slower, so it felt like we were getting back to a normal market. as of June 21, 2024. as of June 21, 2024.

Marketing 384

Marketing Days on market Agents Inspection 384

Housing Wire

MARCH 22, 2024

Unlike many other metropolitan areas across the country , the housing market in Southwest Florida is comparably flush with for-sale inventory. “I There is also some pent-up desire to sell being released by a steadier interest rate environment and an overall slower market.

Marketing 421

Marketing Seller concession Due diligence Days on market 421

Housing Wire

OCTOBER 10, 2023

A Comparative Market Analysis (CMA) is a detailed report that helps real estate agents evaluate and determine the market value of a property. A CMA report includes information on similar, comparable properties in the area, including recent sales, active listings and current market trends.

Marketing 410

Marketing Agents Closing Renovation 410

Keeping Current Matters

SEPTEMBER 2, 2021

There are many headlines out there that claim we’re reverting to a more normal real estate market. That would indicate the housing market is returning to the pre-pandemic numbers we saw from 2015-2019. The market is still extremely vibrant as demand is still strong even while housing supply is slowly returning. 1980s: 12.7%.

Marketing 324

Marketing Days on market Residential Mortgages 324

Housing Wire

JULY 25, 2022

Rising interest rates and a slowing economy overall are already taking some of the air out of the rapid home-price appreciation the housing market has experience over the past year, according to the recently released Federal Reserve Beige Book for July. Freddie Mac projects that home-price growth will average 12.8%

Marketing 397

Marketing Residential Construction Mortgages 397

Housing Wire

DECEMBER 1, 2022

Interest rates and inflation continued to dampen activity in the housing market across all 12 Federal Reserve districts, according to the Fed’s latest Beige Book. Following dampened activity from buyers, sellers provided increased concessions, such as temporary rate buydowns or paying closing costs to complete sales, the report noted.

Marketing 369

Marketing Residential Construction Sales 369

Housing Wire

NOVEMBER 22, 2021

This means with only two more reports left so far in 2021 every single existing home sales print has been higher than the total closing level of 5.64 Not because of a credit housing bubble boom but because days on market are still too low, creating a bidding war frenzy that doesn’t do anyone any good. million in 2020.

Sales 538

Sales Days on market Investor Mortgages 538

Housing Wire

AUGUST 14, 2023

Local housing markets is a HousingWire magazine feature spotlighting housing trends and data across the country. I absolutely love the Columbia Basin and the reason is that we are a unique market. “I I absolutely love the Columbia Basin and the reason is that we are a unique market. A score of 30 denotes a balanced market.

Marketing 365

Marketing New Construction Inspection Agents 365

BubbleInfo

FEBRUARY 1, 2023

This is from NYC but it still applies – and validates how buyers everywhere are watching the Days-On-Market very closely, and expecting discounts the longer a listing sits unsold. percent per 30 days on the market until around six months on the market. […]

Days on market 105

Days on market Marketing Closing 105

Housing Wire

JANUARY 12, 2022

This level, while historically still low, will mean the days on market will go higher, and this will give people choices. Here are two charts from the National Association of Realtors that will show that homes simply come off the market too fast to give housing a breather. From the MBA : Lastly, it falls back on the bond market.

Days on market 538

Days on market Loans Sales Mortgages 538

Housing Wire

APRIL 4, 2025

Office exclusives are becoming an increasingly significant segment of the Bright MLS marketplace, according to a recent Bright MLS study examining their impact on the broader housing market. This shift is prompting real estate professionals and consumers alike to reevaluate implications of this marketing approach.

MLS 259

MLS Brokerage Agents Sales 259

HomeLight

APRIL 18, 2022

The amount of time a home spends on a market (a statistic known as “days on market”) depends on a variety of factors like location, market trends, how your listing is marketed, and pricing. As of March 2022, across the nation, the median amount of days a home spent on the housing market amounted to 38.

Days on market 122

Days on market Marketing Inspection Staging 122

Marco Santarelli

NOVEMBER 3, 2024

The West Virginia housing market is showing interesting shifts. West Virginia Housing Market Trends in 2024 The data paints a picture of a market experiencing some cooling after a period of rapid growth. Median Days on Market 48 -8 Number of Homes for Sale 4,402 +15.5% Number of Homes Sold 964 -1.5%

Marketing 105

Marketing Sales Industrial Days on market 105

Housing Wire

OCTOBER 24, 2022

In May, I wrote about the signs to watch for a real estate market slowdown. But it’s clear that the dramatic shift in the market is about more than just seasonal fluctuations. The big question is: how long will the market contraction last and when should we expect things to heat back up? The price of new listings is dropping.

Marketing 324

Marketing Mortgages Equity Days on market 324

Housing Wire

JUNE 8, 2022

Verification solutions provider Xactus wants to court more lenders through its active listing data in a tight housing market. 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.

Short sale 369

Short sale MLS Banks Loans 369

Housing Wire

MARCH 31, 2021

After eight months of consecutive gains, the consequences of low inventory finally caught up with the housing market in February. A healthy housing market is considered roughly six months of supply. Only the upper-end market is experiencing more activity because of reasonable supply.”. and West (96.9) respectively.

Sales 500

Sales Days on market Marketing Mortgages 500

Marco Santarelli

MAY 24, 2025

Well, recent data by Cotality suggests that at least 2 Florida Housing markets are bracing for a high risk of a price crash : Winter Haven and Tampa. 2 Florida Housing Markets Flagged for a Major Price Decline Risk The Bigger Picture: What's Happening with US Home Prices? So, let's dive into what's going on. Why Florida? in March 2025.

Marketing 109

Marketing Pre-approval Due diligence Investor 109

Housing Wire

JANUARY 12, 2023

The housing inventory shortage dominated much of the conversation surrounding the housing market in 2022, but thanks to softening homebuyer demand, the number of active listings finished the year up 54.7% Affordability will remain a challenge and buyers will want to keep a close eye on their potential mortgage payment.”.

Mortgages 533

Mortgages Marketing Days on market Closing 533

Housing Wire

MAY 14, 2024

Real estate professionals in Santa Monica attribute the increased share of first-time buyers to having fewer move-up buyers in the market. The influx of first-time buyers in the Santa Monica housing market has resulted in frequent bidding wars on lower price point properties. So what was already a tight market is now even tighter.”

Backup offer 420

Backup offer Days on market Inspection Marketing 420

Housing Wire

JUNE 6, 2023

Boston – Contacts around the District attribute the still-low sales numbers to low inventories more than to weak demand, as slightly lower mortgage rates have helped bring more buyers to the market. New York – The residential sales market has been strong across the District. Builders have been offering strong incentives to close deals.

Residential 432

Residential Construction Finance Sales 432

Housing Wire

MAY 21, 2025

It can take weeks or even months to find your first client, weeks or months to go under contract on a property, then typically another six to eight weeks until closing. Save money for taxes Once a new real estate agent has their first closing, it can be tempting to go on a shopping spree and celebrate. By studying the market.

Agents 243

Agents Brokerage Banks Due diligence 243

Housing Wire

JANUARY 23, 2024

For what felt like a moment in time, buyers enjoyed the luxury of being incredibly picky, carefully selecting what felt like their dream homes in a market that had shifted towards more favorable conditions. While I hate to be the bearer of bad news, that era is almost most definitely drawing to a close. Will we get more inventory?

Agents 450

Agents Equity New Construction Days on market 450

Keeping Current Matters

MAY 10, 2021

There’s no doubt that 2021 is the year of the seller when it comes to the housing market. Selling your house now enables you to take advantage of buyer demand and get the most attention for your house – before more listings come to the market later this year. Days on the Market. Frequent Bidding Wars.

Renovation 345

Renovation Days on market Sales Closing 345