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A San Diego data dive shows a market upended by tight supply

Housing Wire

Landing a California home is hard and expensive – especially in San Diego. A sales boom in 2020 and 2021 slashed home listings’ days on market and pushed up home sales’ price per square foot and sale-to-list price ratios. Mortgage With fewer listings come fewer home sales.

Marketing 436
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There’s nothing frozen about Anchorage real estate

Housing Wire

The median November home sales price in Alaska was $350,250, which is slightly up from 1.2% The median sales price is down from a record high of $375,000 in June. But other agents echo Daniel that there is no market setback. “Our So, while there may be a lot of land, it’s not available to the market.

Land 400
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Housing market hinges on mortgage rates and supply, not commission structures

Housing Wire

Incomes, wealth, life events, mortgage rates all play a role in determining housing demand, while on the supply side we have land costs, government regulations in terms of zoning rules, geographic constraints to building and builder financing costs,” Divounguy added. “So, As these business practice changes begin Aug.

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The 2023 Housing Market: A Look Ahead

Housing Wire

There won’t be forced home sales like we saw in the crisis. Short sales are unlikely to reemerge unless there is a serious deterioration in borrowers’ ability to pay their mortgages. . The last time we saw prices decline, the combination of declining prices and bad mortgages forced inventory onto the market.

Marketing 494
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19 real estate agent tips for beginners to kickstart their careers

Housing Wire

Welcome to the world of real estate sales! Consider these questions as you think about your WHY, the driving force behind your desire to succeed in real estate sales. They may even go on the initial appointment with you and help you land the client (prepare to pay a higher split for this additional service).

Agents 354
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Real estate newsletters: The ultimate playbook (+ 49 topic ideas & subject lines)

Housing Wire

For example, tips on home staging for a quick sale, how to get top dollar for a property, or advice on how to improve curb appeal are all topics that a seller might be interested in. Buyers might be interested in seeing featured listings, new homes on the market and advice about the homebuying process.

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Fed’s Beige Book shows recent moderation in mortgage rates propped up demand for homes

Housing Wire

Moderation in mortgage rates led to a pickup in demand for residential real estate, but limited inventories across the country hindered actual home sales , the Federal Reserve reported in its Beige Book survey of regional business contacts that was published Wednesday. Days on market increased slightly but remained below historic averages.

Mortgages 425