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Residential real estate activity picks up despite low inventory

Housing Wire

Residential real estate activity picked up in most Districts despite continued low inventories of homes for sale,” the report states. 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.

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Compass files an antitrust suit against NWMLS over its CCP

Housing Wire

As such, unlike NARs CCP which allows for office exclusives, NWMLSs does not, leading to Compass claiming that it has the most restrictive homeowner marketing rules in the country. Outside of Washington, homeowners can choose to list their home as a Compass Private Exclusive or Compass Coming Soon and receive the benefits of pre-marketing.

Brokerage 321
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Experts weigh usefulness of exclusive listings

Housing Wire

This shift is prompting real estate professionals and consumers alike to reevaluate implications of this marketing approach. Office exclusives, also known as private or pocket listings , refer to residential properties that are marketed privately rather than being broadly shared through the Multiple Listing Service (MLS).

MLS 320
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Why Austin home prices remain stubbornly high

Housing Wire

In 2021, HousingWire published an article spotlighting Austin as one of the hottest housing markets in the country. 1 in population growth for eight straight years and The Wall Street Journal named it the hottest job market in 2019 and 2020. Contrast that with June 2022, when the average was a mere 29 days.

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Inventory needs to increase to balance housing market: Fed Beige Book

Housing Wire

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 448
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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.

Mortgages 448
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Real estate newsletters: The ultimate playbook (+ 49 topic ideas & subject lines)

Housing Wire

We’ll also share best practices for developing and sending real estate newsletters and recommend some essential tools to make your email marketing stand out. Its up to us as agents to stay engaged and stay in contact with our clients. Lets dive in! Summary What is a real estate newsletter? Why send a regular real estate newsletter?