Housing Wire

MARCH 21, 2023

Existing home sales had a huge beat of estimates on Tuesday. To understand why we had such a beat in sales, you only need to go back to Nov. The weekly growth in purchase application data during those months stabilized housing sales to a historically low level. We understood why sales collapsed during COVID-19.

Sales 511

Sales Mortgages Bankruptcy Marketing 511

Housing Wire

JULY 20, 2022

The savagely unhealthy housing market is continuing as we get closer to August. We still have the unhealthy dynamics of noticeable sales declines, but prices are still growing year over year. The National Association of Realtors reported that existing home sales fell last month while prices increased yearly. Sales were down 5.4%

Sales 518

Sales Mortgages As-is Marketing 518

Housing Wire

DECEMBER 22, 2021

The National Association of Realtors reported that existing home sales for November came in hot at 6.46 This number is above my sales trend peak of 6.2 million, which means we have now had three straight months of sales of over 6.2 Early in the year , I wrote that if existing home sales stay in a range between 5.84

Sales 516

Sales Investor Mortgages As-is 516

Housing Wire

JANUARY 26, 2022

Today the Census Bureau ‘ s new home sales report came in as a beat of estimates at 811,000. The bearish take on housing for the second half of 2021 didn’t really pan out, especially in the new home sales sector. However, with that said, it’s still just an OK housing market for me based on how I view the new home sales market.

Sales 476

Sales Construction As-is Mortgages 476

Realty Biz

FEBRUARY 25, 2022

Days on Market, also known as DOM, is a widespread commercial term, which applies to all markets and products, be it a cake, a pair of shoes, or a real estate item. This concept has everything to do with the idea of “freshness” or actuality that any type of product has on a specific market. DOM on The Real Estate Market.

Days on market 126

Days on market Marketing Staging Renovation 126

Toronto Realty Blog

OCTOBER 3, 2022

If a property came onto the market today for $599,900, you went to look at it, and you were quite interested, how much would you offer? What type of market are we in? “We just came onto the market today.” ” “I got a cold call on the for-sale sign today, and I’m showing it to them tomorrow.”

Days on market 94

Days on market Marketing Agents As-is 94

Housing Wire

DECEMBER 21, 2022

Existing home sales slid for the 10th consecutive month in November, as homebuyer demand continued to cool. The seasonally adjusted sales rate for existing homes fell 7.7% On a yearly basis, existing home sales are down 35.4%. On a yearly basis, existing home sales are down 35.4%. “In million homes, which represents 3.3

Sales 397

Sales Mortgages Principal Days on market 397

Housing Wire

JUNE 21, 2024

Both existing housing inventory and home prices have been rising together year over year, which might seem odd at first glance since existing home sales are trending near all-time lows. Let’s keep it simple: total active listings are still below 2019 levels nationally, and the days on market are under 30 days today.

Days on market 482

Days on market Sales Mortgages As-is 482

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

HomeLight

MAY 8, 2024

However, it’s important to note that selling a house “as is” usually means accepting a lower offer than if you sold on the traditional market. As is” is a type of home sale where it’s understood that no improvements will be made to the property. You typically won’t label a home in pristine, move-in-ready condition as an “as is” sale.

As-is 111

As-is Inspection Finance Residential 111

Real Trends

APRIL 3, 2023

As days on market has lengthened for home sellers, it is not a surprise to see the return of home staging as a tool to attract potential buyers,” Jessica Lautz, NAR’s deputy chief economist and vice president of research, said in a statement. “As The trade group received a total of 1,921 usable responses.

Days on market 100

Days on market Staging Agents Marketing 100

HomeLight

JANUARY 12, 2024

Melinda is a top-selling agent in Tennesee who completes 18% more sales than the average agent in the state. As is” is a type of home sale where it’s understood that no improvements will be made to the property. Are you curious about selling a house “as is” in Tennessee? Crosslin works with his wife, Melinda Crosslin , at Crye-Leike.

As-is 111

As-is Investor Residential Closing costs 111

Housing Wire

JANUARY 20, 2023

The phrase “in like a lion, out like a lamb” is typically used to describe the month of March, but it is also applicable to existing home sales trends in 2022. month-over-month increase in January , existing home sales trended downward throughout the rest of the year. On a yearly basis, existing home sales were down 34% in December.

Sales 397

Sales MLS Mortgages Marketing 397

HomeLight

JANUARY 22, 2024

They don’t want to make the repairs themselves to lift the house for sale with a realtor. They don’t want to make the repairs themselves to lift the house for sale with a realtor. As is” is a type of home sale where it’s understood that no improvements will be made to the property. They don’t have the time.

As-is 109

As-is Seller disclosure Closing costs Investor 109

HomeLight

DECEMBER 29, 2023

Fast facts about selling a house ‘as is’ in New Jersey Median sales price in New Jersey $530,000 Average days on market (DOM) for New Jersey 32 Disclosures New Jersey law requires sellers to disclose material facts about the property through the Disclosure of Information on Lead-Based Paint. Real estate transfer taxes?

As-is 111

As-is Inspection Investor Closing costs 111

HomeLight

APRIL 11, 2024

The most common reason[s] I would say is people [sell their home “as-is”] are either downsizing or their family has grown, and they’re upgrading their house,” says Dominick Marchesiello, a top-performing New York agent who sells homes 46% faster than the average agent in his market. “The Selling a house “as is” in New York?

As-is 110

As-is Inspection Finance Investor 110

HomeLight

JANUARY 22, 2024

This oftentimes will have to do with unique circumstances that don’t really lend themselves to renovating a property for sale. Sell 'As Is' With a Cash Offer in Virginia HomeLight’s Simple Sale platform will provide a no-obligation, all-cash offer for Virginia homes in almost any condition. Yes Is a real estate attorney required?

As-is 110

As-is Inspection Renovation Equity 110

Housing Wire

JUNE 22, 2023

The days on market are back to a teenager level in the existing home sales market, which means I can officially say we are back to a savagely unhealthy housing market! Nothing good happens in the housing market when the days on market are at a teenager level or lower. million in May.

Marketing 526

Marketing Days on market Sales Bankruptcy 526

HomeLight

JANUARY 22, 2024

Why do sellers consider selling making a as-is home sale? Fast facts about selling a house ‘as is’ in Colorado Median sales price in Colorado $545,000 Average days on market (DOM) for Colorado 50 Disclosures Colorado law requires sellers to disclose material facts about the property through the Colorado Seller’s Property Disclosure Form.

As-is 111

As-is Inspection Finance Investor 111

HomeLight

DECEMBER 29, 2023

Typically, the reasons are like an estate sale where they’ve inherited the property, and they don’t have the funds or the inclination to prepare the property for the market. “It’s It’s a seller’s market, and they strongly prefer an “as is” sale,” she adds. Is a real estate attorney required?

As-is 110

As-is Inspection Finance Investor 110

HomeLight

DECEMBER 31, 2023

Billings has over 500 transactions in his market, with an average price of $354,000. “If As is” is a type of home sale where it’s understood that no improvements will be made to the property. Are you considering selling your home “as is” in Arizona? Why sell your home “as is”? Which types of homes are sold ‘as is’?

As-is 109

As-is Inspection Finance Loans 109

HomeLight

DECEMBER 29, 2023

Fast facts about selling a house ‘as is’ in Minnesota Median sales price in Minnesota $334,900 Average days on market (DOM) for Minnesota 32 days Disclosures Minnesota law requires sellers to disclose material facts about the property through the Minnesota Seller’s Property Disclosure Statement.

As-is 111

As-is Inspection Finance Investor 111

HomeLight

DECEMBER 29, 2023

Over] the past couple of years, it was very common to sell a house as-is just so they did not have to deal with repairs and the height of the market frenzy that was going on. As is” is a type of home sale where it’s understood that no improvements will be made to the property. Are you trying to sell your home “as is” in Oklahoma?

As-is 111

As-is Inspection Finance Investor 111

Housing Wire

OCTOBER 21, 2022

year-over-year decline in existing home sales in September and total inventory has now fallen on back-to-back reports. Earlier in the year, I labeled this a savagely unhealthy housing market based on the premise that Inventory would break to all-time lows, creating forced bidding and causing days on the market to collapse.

Sales 305

Sales Mortgages Marketing As-is 305

Housing Wire

FEBRUARY 28, 2024

The data examined below represents multiple listing service data and mortgage market analytics for San Diego County, as well as the state of California and the country as a whole from 2019 to 2023. Mortgage data paints a similar picture of the increasing competitiveness of the San Diego market. In 2022, however, only 55.3%

Marketing 459

Marketing VA loan Days on market Loans 459

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. As a result, we’re now only 21% fewer homes on the market than this point in 2019. Last year, the unsold inventory was piling up each week; this year the market is much more stable. 66 vs. 53 days.

Mortgages 475

Mortgages Sales Marketing As-is 475

HomeLight

SEPTEMBER 20, 2023

The other issue we have (with regular sales) is when you say you’re going to make a repair, you’re kind of locking yourself into needing to find a contractor that can do that repair, and that’s become a challenge.” Sell your house ‘as is’ with a cash offer from HomeLight’s Simple Sale platform.

As-is 85

As-is MLS Days on market Sales 85

Housing Wire

NOVEMBER 11, 2024

As he has previously stated, Reffkin highlighted data such as days on market and price drop history, which is typically displayed alongside all listings in the MLS, as being problematic and harmful to home sellers. “I I believe days on market is the killer of value. The MLS is so incredibly pro-consumer. “The

MLS 367

MLS Brokerage Days on market Agents 367

Housing Wire

DECEMBER 10, 2021

As we approach the end of another hot year for the market, homebuyers and sellers are eagerly looking ahead to the 2022 housing market. Will the market continue its streak of strong growth, or are we finally about to see a slow down? I actually expected immediate sales to be dropping at this point, but it isn’t.

Marketing 543

Marketing Days on market Sales As-is 543

Housing Wire

MAY 18, 2023

Just when I thought days on market were returning to normal, that number for existing homes fell back down to 22 days. If the days on the market are at a teenager level or even lower, it’s never a good sign for the housing market. This is why the days on the market are so low historically after 2020.

Marketing 539

Marketing Sales Days on market Mortgages 539

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 487

Debt-to-income ratio Marketing Mortgages Days on market 487

Housing Wire

SEPTEMBER 30, 2024

“We are seeing some price drops start to happen and a little bit longer days on market.” Fontantella isn’t the only one seeing slower market conditions in Bergen County. The Altos Research Market Action Index score for the county has dropped from a 90-day average of 54.63 in early May to 47.88 as of Sept.

Marketing 391

Marketing Home sale contingency Days on market Agents 391

HomeLight

JULY 25, 2022

HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Skip repairs and close in as few as 10 days. Median sales price in Texas. Average days on market for Texas.

As-is 111

As-is Purchase and sale agreement Inspection Investor 111

HomeLight

AUGUST 12, 2022

On the flip side, some buyers in today’s seller’s market are trying so hard to compete that they submit an as-is offer indicating their willingness to purchase the property without expecting the seller to make changes. HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition.

As-is 111

As-is Purchase and sale agreement Investor Inspection 111

HomeLight

JULY 25, 2022

Because the market is competitive and it’s so common, it’s just assumed most properties are being sold “as is,’” she says. Most buyers enter the market and expect to make an as-is offer anyway.”. Sellers are interested in listing their home ‘as is’ because they want a sale with an easy transaction and a lot less hassle,” says Tom.

As-is 110

As-is Purchase and sale agreement Inspection Closing costs 110

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. The background to this difference in new listings is important.

Marketing 385

Marketing Equity Days on market Sales 385

Housing Wire

JULY 10, 2024

The important message in the mortgage data is that even as the economy perhaps finally slows and even as mortgage rates stay higher for longer than anyone expected, the housing market remains buoyed by an incredible cushion of very strong borrowers. If I realize I must sell the house, and I’m met with very weak market conditions (No.

Equity 545

Equity Loans Mortgages Sales 545