August, 2022

3 Graphs To Show This Isn’t a Housing Bubble

Keeping Current Matters

With all the headlines and buzz in the media, some consumers believe the market is in a housing bubble. For Buyers For Sellers Foreclosures Housing Market Updates Content Hub

What’s Actually Happening with Home Prices Today?

Keeping Current Matters

One of the biggest questions people are asking right now is: what’s happening with home prices? For Buyers For Sellers Housing Market Updates Pricing Content Hub

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Housing Affordability Falls to Lowest Level Since Great Recession

Eyes on Housing

Rising mortgage rates, high inflation, low existing inventory and elevated home prices contributed to housing affordability falling to its lowest point since the Great Recession in the second quarter of 2022.

Early 2022 Was The Culprit

BubbleInfo

Yesterday’s Case-Shiller Index for San Diego was 425.26, which is 11% higher than it was in January. But check how the trend increased between January and now. Prices rose as fast as ever in early 2021 (yellow above).

Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

Speaker: Trey Willard, Realtor/Team Leader at Keller Williams Realty, Inc.

In this webinar, Keller Williams Team Leader Trey Willard will teach you how to create a winning tech stack, and how to leverage apps for real estate success.

Number of new listings drops but inventory is climbing

Real Trends

As homebuyer demand slows, potential sellers are becoming more hesitant about listing their homes. During the four-week period ending on August 7, the number of new listings fell 12% year over year, according to a report published by Redfin on Thursday.

More Trending

Has Inflation Peaked?

Eyes on Housing

Consumer prices eased slightly from a 40-year high in July as declines in energy prices offset increases in food and shelter indexes. Despite this improvement, inflation remains above an 8% rate for a fifth straight month.

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What Sellers Need To Know in Today’s Housing Market

Keeping Current Matters

If you’re thinking about selling your house, you may have heard about the housing market slowing down in recent months. For Sellers Housing Market Updates Pricing Content Hub

How to Find and Pick Inspectors For Houses

Maximum Exposure Real Estate

What is a Home Inspector? Are you looking to find an outstanding home inspector? Choosing a home inspector is part of the home buying process, a decision that can significantly impact your satisfaction with your future home.

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Savage: Even with sales down, home prices up 10.8% ?

Housing Wire

Today the National Association of Realtors reported that the trend of declining existing home sales, which we have seen since mortgage rates rose, is getting worse. But that isn’t the worst part of the data line!

Sales 422

Real Estate Solutions: How to Crush Your Sales Goals and Fuel Your Pipeline

Speaker: Mary Maloney, Founder & Team Leader at Hometown Realty

In this webinar, Mary Maloney will demonstrate a methodology that will help you create a pipeline with continuous prospects.

Younger buyers drive homeownership rate in Q2 2022

Real Trends

Despite rising home prices , rents and mortgage rates , nationwide, the homeownership rate was up and the rental vacancy rate was down during the second quarter of 2022 compared to a year prior, according to data released Tuesday by the U.S. Census Bureau.

When Will Mortgage Rates Go Down? It’s Hard to Say, But Housing Experts Weigh In

HomeLight

With mortgage interest rates in flux and trending upward after nearly two years of rock-bottom percentages, prospective homebuyers across the country are wondering when mortgage rates will go down again.

Builder Confidence Falls for Eighth Consecutive Month

Eyes on Housing

Builder confidence fell for the eighth straight month in August as elevated interest rates, ongoing supply chain problems and high home prices continue to exacerbate housing affordability challenges.

Why You May Want To Start Your Home Search Today

Keeping Current Matters

If you’re thinking about buying a home, you likely have a lot of factors on your mind. First Time Home Buyers For Buyers Housing Market Updates Move-Up Buyers

The Complete Realtor: Tools to Successfully Manage Your Personal Life, Career, and Health

Speaker: Marki Lemons Ryhal, REALTOR, Keynote Speaker, 4X International Best Selling Author, and Podcaster at ReMarkiTable, LLC

In this webinar, Marki Lemons Ryhal will teach you how you can pivot and succeed as a real estate agent in the face of adversity!

What Does a Real Estate Agent Do For Buyers and Sellers

Maximum Exposure Real Estate

What Does a Real Estate Agent Do All Day Anyway? Lots of people wonder what a real estate agent does on a daily basis. In the real estate business, a real estate agent’s day can be constantly different. Do they sit around all day waiting for the phone to ring?

Agents 113

Sixth recession red flag raised, despite strong jobs report

Housing Wire

What a crazy day for my economic model! On the same day, the Bureau of Labor Statistics (BLS) revealed that we’ve recovered all the jobs lost to COVID-19 and I am raising my sixth recession red flag. When I wrote the America is back recovery model on April 7, 2020, and then retired it on Dec.

The Cons of an Adjustable Rate Mortgage

Realty Biz

Over the last few years it has been an extreme seller’s market characterized by low inventory and rising home prices. Home sellers have been in the drivers seat. Most homes listed for sale have experienced bidding wars with sales prices ending up far over the asking price.

Can I Sell My House Without Both Owners’ Signatures?

HomeLight

DISCLAIMER: This blog post is meant to be used for educational purposes only, not legal advice. If you need assistance navigating the legalities of selling a home without the signature of all the owners, HomeLight encourages you to reach out to your own advisor.

Database Restoration: How to Revive Dead Leads and Generate New Ones

Speaker: Rivers Pearce, CEO of W8LESS

In this session Rivers Pierce, CEO of W8LESS, will teach you how winning agents restore and revive their database to continue to gain market share!

New Home Size Trends Reversing?

Eyes on Housing

An expected impact of the virus crisis is a need for more residential space, as people use homes for more purposes including work. During the housing boom of recent quarters, this led to a rise for new single-family home size. However, as the housing market weakens this trend appears to be reversing.

Selling Your House? Your Asking Price Matters More Now Than Ever

Keeping Current Matters

There’s no doubt about the fact that the housing market is slowing from the frenzy we saw over the past two years. For Sellers Pricing Selling Myths Content Hub

The 10 Fastest-Growing Cities in Texas

Redfin

Also known as “The Lone Star State,” Texas is home to a number of well-known cities such as Austin , Dallas , and Houston. However, you may be curious about what cities in the state are growing the fastest.

Sales 101

Homebuilders are done until mortgage rates fall

Housing Wire

Tuesday’s housing starts report clearly shows that homebuilders are going to be done with single-family construction until mortgage rates fall.

The Real Estate Pulse: Analyzing the 2022 Housing Market

Speaker: Grier Allen, CEO and Co-Founder of BoomTown

In this session, Grier Allen, CEO and Co-Founder of BoomTown, will breakdown the top housing trends for 2022, and help you navigate the constant changes in the market so that you can achieve success!

Lower Income Home Options Explained

Realty Biz

Low Income Housing Choices. Are you looking for low priced housing options due to having a smaller income? With home prices having skyrocketed across the country over the last few years it has been harder than ever to find affordable housing.

Best Tips For Estate Sellers

Maximum Exposure Real Estate

What is an Estate Sale? Are you a potential estate seller? The words “estate sale” can mean different things to different people. There are indeed multiple ways to interpret the definition of an estate sale.

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Building Materials Prices Increase in July as Concrete Surges

Eyes on Housing

The prices of building materials rose 0.4% in July (not seasonally adjusted) even as softwood lumber prices increased 2.3%, according to the latest Producer Price Index (PPI) report. Prices have surged 35.7% since January 2020, although 80% of the increase has occurred since January 2021.

What Does the Rest of the Year Hold for Home Prices?

Keeping Current Matters

Whether you’re a potential homebuyer, seller, or both, you probably want to know: will home prices fall this year? For Buyers For Sellers Housing Market Updates Pricing Content Hub

Become THE Social-Savvy Agent With This Free eBook

Close more deals from social media leads in 2022! This three-chapter eBook covers the fundamentals of building a digital strategy. You’ll hear from top industry experts and get exclusive insights into how you can become the social-savvy agent. Get your copy today!