Luxury housing market inspires ‘total frenzy’ in vacation boom towns

Housing Wire

And while real estate agents repping luxury homes aren’t seeing as many bidding wars as they did this summer , their respective housing markets are still crazy right now. Miami Realtor Ines Flax, with One Sotheby’s International , said her housing market is heating up this winter.

Knock Home Swap solution enters the Florida market

Housing Wire

Knock Home Swap has expanded into Orlando, Florida and Tampa, Florida, its first markets in the Sunshine State. In these markets Home Swap will be offered through Keller Williams Realty of Central Florida , Keller Williams LeHeup Group and Keller Williams Suburban Tampa – The Chadwick Group.

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Sellers Are Returning to the Housing Market

Keeping Current Matters

In today’s housing market, it can be a big challenge for buyers to find homes to purchase, as the number of houses for sale is far below the current demand. Now, however, we’re seeing sellers slowly starting to come back into the market, a bright spark for potential buyers.

The housing market faced uncertainty in March, but now ‘it’s a circus’

Housing Wire

The housing market faced a lot of uncertainty when COVID-19 caused the real estate industry to pause under shut-downs, but low interest rates and the desire for more space has turned this year into a boom time for real estate agents.

Why is the housing market thriving in a pandemic?

Housing Wire

The deadliest pandemic in more than a century has failed to derail the housing market because of the lowest mortgage rates ever recorded coupled with a shift in how people use their homes. The post Why is the housing market thriving in a pandemic?

2021 = Market Compression

BubbleInfo

The 2021 selling season should be the craziest market in the history of the world. The post 2021 = Market Compression appeared first on bubbleinfo.com. 2021 Frenzy Market Conditions Market Surge

Capital Market Appetite by Channel

Housing Wire

A conversation on mortgage capital markets wouldn’t be complete without data. Richard Koss of Recursion will set the stage with data on how capital markets participants are driving channel growth with data specific to retail, correspondent and brokered loan volume.

DataTrace launches market insight platform for title companies

Housing Wire

DataTrace Information Services announced on Thursday its launch of MarketView – a platform that will provide title companies with accurate market insights including existing market share.

Title 222

Fannie Mae survey confirms: It’s a seller’s market

Housing Wire

On the flip side, the percentage of people who believe it is a good time to sell increased 4% last month to 45% as July reports reflected a seller’s market. The post Fannie Mae survey confirms: It’s a seller’s market appeared first on HousingWire.

Housing Market on Track to Beat Last Year’s Success

Keeping Current Matters

Back in March, as the nation’s economy was shut down because of the coronavirus, many were predicting the real estate market would face a major collapse. However, six months later, it seems as though the housing market has fully recovered.

The Surging Real Estate Market Continues to Climb

Keeping Current Matters

Earlier this year, realtor.com announced the release of the Housing Recovery Index , a weekly guide showing how the pandemic has impacted the residential real estate market. Pace of Sales – Difference in time-on-market. For Buyers For Sellers Housing Market Updates

How agents are winning bidding wars in America’s most competitive markets

Housing Wire

In the ultra-competitive Westchester market, the odds were stacked against Heather Harrison and her client. Prospective buyers need to be armed with as much data as possible about the market they’re targeting. Spreading out in the hottest market will cost you.

Have You Ever Seen a Housing Market Like This?

Keeping Current Matters

This year’s real estate market is certainly no exception to that shift, with historic highlights continuing to break records and challenge what many thought possible in the housing market. Here’s a look at four key areas that are fundamentally defining the market this year.

Buyers Are Finding More Space in the Luxury Home Market

Keeping Current Matters

Home offices, multi-purpose rooms, gyms, and theaters are becoming more popular, and some families are finding the space they need for these upgrades in the luxury market. The post Buyers Are Finding More Space in the Luxury Home Market appeared first on Keeping Current Matters.

Here are 2020’s hottest housing markets according to ZIP code

Housing Wire

Compared to last year , the housing market this year has seen some big changes. The hottest zip codes have bucked the national trend of a housing market slowdown during the COVID-19 pandemic,” Danielle Hale, realtor.com’s chief economist said in the report.

Is the housing market on a sugar high?

Housing Wire

For the housing market, that recovery could look different from the larger economy. and many businesses began to close, the housing market proved to be incredibly resilient, thriving amid record low interest rates and high consumer demand. . V#&WUA.

How Low Inventory May Impact the Housing Market This Fall

Keeping Current Matters

Real estate continues to be called the ‘ bright spot ’ in the current economy, but there’s one thing that may hold the housing market back from achieving its full potential this year: the lack of homes for sale. For Sellers Housing Market Updates Interest Rates Move-Up Buyers Pricing

Three of the Latest Reports Show Housing Market Is Strong

Keeping Current Matters

The residential real estate market is remaining resilient as the country still struggles to beat the COVID-19 pandemic. Three separate reports recently revealed how the housing market is still showing growth. The National Association of Home Builders Housing Market Index.

Why Foreclosures Won’t Crush the Housing Market Next Year

Keeping Current Matters

With the strength of the current housing market growing every day and more Americans returning to work, a faster-than-expected recovery in the housing sector is already well underway. The post Why Foreclosures Won’t Crush the Housing Market Next Year appeared first on Keeping Current Matters.

As homebuyers flee to luxury mountain towns, local housing markets are heating up

Housing Wire

After seeing significant drops in April and May, the luxury market has rebounded in places that are usually popular for second homes. The post As homebuyers flee to luxury mountain towns, local housing markets are heating up appeared first on HousingWire.

Forbearance housing market crash bros have a problem

Housing Wire

Back in April, when the COVID-19 data and unemployment numbers were at their worst, the housing bubble boys had a halfway legitimate 2020 housing market crash thesis. This could have led to a rapid increase in inventory on the market, which would have crashed home prices as demand collapsed.

“Housing Market is Exploding”

BubbleInfo

So what’s your take on the strength of the housing market now and how the election could change it? BARBARA CORCORAN: I don’t think the election is going to have much to do with the housing market. The post “Housing Market is Exploding” appeared first on bubbleinfo.com. 2021 Frenzy Jim's Take on the Market Market Buzz Market Surge

Zillow: Pandemic uncertainty is keeping 34% of home sellers out of the market

Housing Wire

Thirty-four percent of would-be home sellers said they are staying out of the market due to the uncertainty caused by COVID-19. Lenders need to be able to grow their business in a way that is not linear and is not tied to the market cycles – leveraging automation technology can help. Of those who are hesitant to put their home on the market, virus safety was one of the least frequently cited concerns among homeowners.

These 5 marketing campaigns are tailored for today’s market

Inman

In other words, now's a great time to implement these marketing campaigns and generate new income streams for your business. With the last quarter approaching, agents should strive to finish 2020 strong and step into the next year on the right foot.

Want more clients? Tap into marketing automation

Inman

The automation of marketing allows agents to stop wasting time and effort on mundane tasks and focus their attention on the customer experience instead.

Zillow Offers launches in first new market since early March

Housing Wire

Zillow launched its iBuying solution, Zillow Offers in its 25th market Wednesday morning: Homeowners in Jacksonville, Florida can now sell their home directly to Zillow. Zillow then makes the necessary repairs and/or improvements and sells the house back into the market.

In a hot housing market, gap between purchase price and appraiser condition ratings causes headaches

Housing Wire

This week, appraisal experts said those same variables are having a profound effect on an age-old conflict of appraisal reports versus what the market believes the home is worth.

Marketing Automation or Human Touch?

RIS Media

It is now common for teams to use CRMs, AI chat bots, automated email marketing, task management software and more. Enhancing Digital Marketing With a Human Touch. The plus side of using automated marketing is increasing your capacity to engage more contacts.

Mat Ishbia talks super-low mortgage rates, adverse market fee and capacity limits

Housing Wire

HW: A few companies have sent out notifications about the adverse market fee on conventional refinances, saying this is the last day they can lock for 60 days without being assessed the 50 bps. A well-qualified buyer these days can find a mortgage at historically low interest rates.

Current Buyer & Seller Perks in the Housing Market

Keeping Current Matters

Today’s housing market is making a truly impressive turnaround, and it’s also setting up some outstanding opportunities for buyers and sellers. Today, there are simply not enough houses on the market for the number of buyers looking to purchase them.

Market Forecasts

BubbleInfo

The post Market Forecasts appeared first on bubbleinfo.com. Forecasts Jim's Take on the Market Market BuzzWith the nation’s economy climbing out of a COVID-19 hole, home sales continue at a record pace. Total existing-home sales rose 2.4% from July to a seasonally-adjusted annual rate of 6 million in August. Sales were up 10.5% from a year ago. After plummeting in March, home-buying demand continues to take steps towards recovery. On […].

Realtor.com®: Housing Market Showing Signs of Stabilizing

RIS Media

Summer into fall has been a buying frenzy, with low inventory pushing up prices and giving sellers the market advantage. 17, the markets may soon experience a much-overdue seasonal market slowdown. What’s the current state of the market?

Fidelity Title, Stewart expand in new markets

Housing Wire

ALTA’s report shows Fidelity held the highest market share in the first half of 2020 at 32.7% The post Fidelity Title, Stewart expand in new markets appeared first on HousingWire.

Title 163

Purchase market remains resilient as mortgage applications gain 2.9%

Housing Wire

Nevertheless, there continues to be resiliency in the purchase market. The post Purchase market remains resilient as mortgage applications gain 2.9% After three weeks of declines, mortgage applications rose 2.9% last week, according to a report from the Mortgage Bankers Association.

Market Spotlight | Australia in 2020

Sotheby's International Real Estate

The Sydney luxury property market has maintained its strength during these challenging times,” says Michael Pallier, Managing Director, Sydney Sotheby’s International Realty. “As The post Market Spotlight | Australia in 2020 appeared first on Sotheby´s International Realty | Blog.