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Unsold homebuilder inventory is ticking up as new home sales slow

Housing Wire

After a boost in July, the sales pace of new homes slowed in August, according to data published on Wednesday by the U.S. In August, the sales pace of new homes fell 8.7% On a year-over-year basis, new home sales were up 5.8%. The seasonally‐adjusted estimate of new houses for sale at the end of August was 436,000.

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As the lock-in effect eases, the market for new homes is shrinking

Housing Wire

As high mortgage rates reshape the housing market, existing homes are making up a larger percentage of for-sale inventory, and homebuyers are taking notice. NAR data shows that the annualized rate of existing-home sales dropped 1% from August to September, landing at 3.84 The sales pace was down 3.5% million units.

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New-home sales continue to rise, diverging from existing-home sales

Housing Wire

Sales of newly built homes continue to outpace sales of existing homes. Department of Housing and Urban Development, new-home sales hit a seasonally adjusted rate of 738.000, which is 4.1% Sale prices and inventory held mostly steady, with the median price landing at $426,300 and 7.6 Census Bureau and the U.S.

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Momentum Builder buys Sales Mastery, creating new ‘super brand’

Housing Wire

Momentum Builder has acquired Sales Mastery , the companies announced Wednesday. The merger of two industry leaders in sales training and coaching will result in a “unified super brand” that will be known as Sales Mastery Powered by Momentum Builder, the companies said in a press release. 14-17 in Dallas.

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The Secret to Building Successful Digital Sales Programs in 2022 and Beyond

Speaker: Jordi Gili, International Speaker, Managing Director at Execus, Professor Geneva Business School

As we kick off 2022, companies are giving more attention to their Digital/Social Sales Programs. While companies are enabling their sales professionals with coaching and a variety of digital tools to connect with potential customers, they're experiencing fluctuating KPIs. Sales and corporate strategy alignment.

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Pending home sales jumped in September behind lower mortgage rates

Housing Wire

Lower mortgage rates in September had a measurable impact on home sales. According to data released Wednesday by the National Association of Realtors (NAR), pending home sales in September jumped 7.4% An index reading of 100 equates to sales activity in 2001. “A compared to August and 2.6% year over year. and the West (64).

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New-home sales beat estimates but need a dose of reality

Housing Wire

With new-home sales growing since 2022, why are housing starts at recessionary levels? I recently raised this concern about housing construction and new home sales in an interview on CNBC. However, let’s examine today’s new-home sales report to see what we can learn and why I am concerned about housing starts.

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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

Automate and Maximize Sales Funnels and Systems. Given the changes that the pandemic has forced real estate agents to make, agents are now under pressure to find a way to keep their health, personal life, and career on track. While most people saw self-employment as a challenge, she saw it as a chance to improve efficiency.

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#Trending: How to Leverage Instagram’s Algorithm to Build Your Pipeline

Speaker: Eric Simon, Founder of The Broke Agent Media | Matt Lionetti, Real Estate Salesperson at The Agency

Social Media is one of the most efficient sales tools an agent can use! It has the potential to produce high-quality leads and foster client relationships when used effectively. As new social media tactics flood the market, agents are being inundated with the various apps and trends that could lead to their success.

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The #1 Reason Why Sales Coaching is Critical to Your 2022 Sales Success

Speaker: Tim Hughes, Co-Founder and CEO of Digital Leadership Associates

With most of the world’s population active on social media, it is imperative that teams improve their sales strategies by investing in sales coaching & training. With most of the world’s population active on social media, it is imperative that teams improve their sales strategies by investing in sales coaching & training.

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

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

The sales cycle in real estate is frequently measured at 3+ months. Top real estate agents are distinguished from developing agents by their ability to convert organic connections into sales opportunities. Having a system in place to keep your sales pipeline full is the best way to navigate the ever-changing real estate market.

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Millennials are Determined and Prices are Soaring: The Step-by-Step Formula for Closing More Sales to Millennial Buyers Fast!

Speaker: Paul Moya - CEO, Millennial Labs, and The Go-To Performance Marketing Strategist and Realtor Coach for the Best in the World

In order to succeed in today’s fast-paced, seller’s market, realtors must truly understand what Millennial buyers want most from their realtor, know how to connect with potential buyers online, and provide value in new ways to close sales on autopilot. The #1 Reason Most Millennial Viewers on Social Media Never Turn Into Closed Sales.