Housing Wire

MARCH 22, 2024

“Last year we were still adjusting from the effects of the pandemic market, but now the trends seem to be getting back to our baseline, which is more like our 2019 market,” Smith said. Days on market is also trending back to what is more normal for our market as well.” From 2022 to 2023 alone, rates rose 15%.

Marketing 447

Marketing Seller concession Due diligence Days on market 447

HomeLight

JANUARY 24, 2023

Whether your company is relocating you or you’re moving for a great new opportunity, there’s no way around it: relocating for a job as a homeowner is stressful. Research days on market The average days on market is another important factor to consider. Remote work has shifted the landscape of relocating for a job.

Days on market 105

Days on market Agents Sales Closing 105

Housing Wire

JANUARY 20, 2023

Total housing costs for American homeowners versus their wages are meager, and most will buy a home right away when they sell. However, in 2020 new listing data came back, and we don’t want to see the new listings continue to decline this year — that would be a double negative for the housing market. The days on market were too low.

Sales 541

Sales Days on market Mortgages Lending 541

HomeLight

DECEMBER 15, 2022

It all begs the question: What will the 2023 housing market mean for buyers, sellers, and homeowners? This 2023 real estate market forecast digs into insights from HomeLight top agents and housing market economists, including Ken H. Find an Expert Agent to Help You Navigate a Shifting Market. Johnson, Ph.D. ,

Marketing 104

Marketing Mortgages Agents Equity 104

Housing Wire

FEBRUARY 27, 2024

It’s no secret that homeowners search online to find a listing agent who can sell their home quickly and for top dollar. SmartZip’s analytics are based on over 250 data points related to the properties and homeowners in your target market. Then, it deploys marketing campaigns on your behalf.

Branding 454

Branding Land Brokerage Agents 454

Housing Wire

DECEMBER 28, 2022

While this would be a hit to homeowner equity, only 1 to 2 percent more of homeowners would move into negative equity. Second, because homeowners are well qualified, they can ride out this correction. Days on market will likely continue to stretch out and peak next spring along with supply. .

Marketing 505

Marketing Equity Mortgages Short sale 505

Housing Wire

APRIL 22, 2024

Sincerely, (your name) (your brokerage) (your phone number) (your email) Click to copy to clipboard The just sold letter Audience: Homeowners around a property you recently sold Format: Postcard or typed letter in an envelope The “just sold letter” is a spin on the traditional “just sold” postcard, which is a format I still suggest.

Brokerage 448

Brokerage Investor Agents Pre-approval 448

Housing Wire

JUNE 28, 2024

Although pending sales are up, local agents noted that properties are taking longer to go under contract, leading to an uptick in inventory and days on market. Data from Altos Research shows that the 90-day average number of days on market in Coos County is 49 days, up from 42 days a year ago.

Marketing 396

Marketing Days on market Agents Inspection 396

Housing Wire

JUNE 6, 2023

All 12 Federal Reserve districts have seen issues with a lack of housing inventory , which is largely due to existing homeowners holding back on listing their homes after previously locking in low mortgage rates. A strong economy and relatively high mortgage rates have pushed some movers to the rental market, boosting demand.

Residential 459

Residential Construction Finance Sales 459

Housing Wire

AUGUST 30, 2022

There is a simple explanation for this, but you’re going to have to believe that supply and demand economics still work and that the credit profiles of homeowners matter more than people think. I am not talking about investors; I am talking about primary resident homeowners. Some sell to rent, of course. From Redfin.

Bankruptcy 397

Bankruptcy Days on market Sales Short sale 397

Housing Wire

JUNE 8, 2022

Verification solutions provider Xactus wants to court more lenders through its active listing data in a tight housing market. Xactus Wednesday announced its new active listing scan program, which will scan residential addresses for changes in listing status and the average number of days on market for a neighborhood.

Short sale 367

Short sale MLS Banks Loans 367

Housing Wire

MARCH 21, 2023

Also, the days on market are on a level they might feel more comfortable in. However, the housing market took its biggest shot ever in terms of affordability in 2022 and so far in 2023, and the American homeowner didn’t panic once. And, in this report, we saw no signs of forced selling.

Sales 511

Sales Mortgages Bankruptcy Marketing 511

RIS Media

AUGUST 23, 2020

It’s clear that homeowners are relying on real estate professionals to help them navigate the real estate market during the pandemic. Rikki Rogers is the vice president of Marketing for Curbio. The post What Homeowners are Looking for in a Real Estate Professional During COVID-19 appeared first on RISMedia.

Renovation 111

Renovation Agents Development Staging 111

Housing Wire

DECEMBER 21, 2022

“In essence, the residential real estate market was frozen in November, resembling the sales activity seen during the COVID-19 economic lockdowns in 2020,” Lawrence Yun, NAR’s chief economist, said in a statement. Plus, available housing inventory remains near historic lows.”. million homes, which represents 3.3

Sales 396

Sales Mortgages Principal Days on market 396

Housing Wire

JANUARY 23, 2024

home sales in nearly 30 years as high mortgage rates frustrate buyers, the market is reshaping real estate once again, placing buyers on the back foot and swinging the pendulum back to favoring sellers. The changing tides Previously, buyers were able to look for over a month, as average days on market continued to climb.

Agents 475

Agents Equity New Construction Days on market 475

Housing Wire

DECEMBER 29, 2021

While I do believe the rate of home-price growth is cooling off — since data from the S&P CoreLogic Case Shiller Home Price Index lags — the market is still seeing home-price growth above my five-year price model, so wishing for less price growth in 2022 is a must for me. I documented my work with many articles, which can be found here.

Marketing 534

Marketing Equity Construction Bankruptcy 534

Housing Wire

MARCH 18, 2022

One of the critical data lines that I want to see improve this year is days on market. My concern now is that some sellers are feeling stressed about this market, which should never happen because this is the best seller market ever. NAR Research : The median existing-home sales price rose to $357,300, up 15.0%

Marketing 542

Marketing Investor Sales Days on market 542

Keeping Current Matters

MAY 10, 2021

There’s no doubt that 2021 is the year of the seller when it comes to the housing market. If you’re a homeowner thinking of moving to better suit your changing needs, now is the perfect time to do so. 83% of the homes sold in March 2021 were on the market for less than a month.” (See Historically Low Inventory. Bottom Line.

Renovation 338

Renovation Days on market Sales Closing 338

HomeLight

MAY 23, 2024

As a homeowner, it’s natural to fiercely protect your investment. If you’re considering a move that involves buying or selling a house, you’re likely keeping a keen eye on the housing market sky, watching for signs of a storm — or a bubble. Here’s a look at some key indicators that can help you anticipate market changes.

Equity 115

Equity Construction New Construction Investor 115

Keeping Current Matters

JULY 12, 2021

The report notes homes are selling in an average of just 17 days. Average days on market is a strong indicator of buyer competition, and homes selling quickly is a great sign for sellers. Over the past 12 months, homeowners have gained a significant amount of wealth through growing equity.

Equity 321

Equity Days on market Mortgages Sales 321

Marco Santarelli

AUGUST 12, 2024

The Top 20 Hottest Markets – July 2024 1. Oshkosh, WI Median List Price: $374,000 Days on Market: 18 Oshkosh has emerged as the hottest housing market, recognized for its affordability and rapid sales pace. Decatur, AL: Experienced a decline of 112 spots. Yuma, AZ: Slipped down 104 spots.

Marketing 98

Marketing Days on market As-is Sales 98

Housing Wire

JULY 20, 2023

First, the one data line I hate to see is that the days on market are back to a teenager level for back-to-back months. Year-over-year, sales fell 18.9% (down from 5.13 million in June 2022). Let’s look at the report and see what we can make of it. Today’s existing home sales report wasn’t shocking in any way, my sale range of 4.0-4.6

Marketing 369

Marketing Sales Days on market Mortgages 369

Housing Wire

OCTOBER 20, 2023

To demonstrate this, share regular updates with posts that include stats, such as the average sale prices in your city or in desirable neighborhoods, the number of active listings, the average days on market, and more. How to maximize your home’s value Another thing that not all homeowners understand is resale value.

Agents 432

Agents Lending Staging Renovation 432

HomeLight

DECEMBER 30, 2023

is expensive, but most homeowners and potential buyers know that it’s worth it. We have also included some general metrics and the median days on market to give you a better idea of how active the real estate market is in each particular state. Buying a house in the U.S.

Days on market 111

Days on market Agents Sales As-is 111

Broke Agent Media

APRIL 5, 2023

While some of the top features also led to faster home sales, others contributed to longer days on market. That said, some features added days on market as well as a sale premium. more, but it can also add an extra two days on market.

Days on market 98

Days on market Sales Design Lending 98

HomeLight

JANUARY 29, 2024

If you’re a homeowner in Florida making plans to sell your house, it’s likely you’re balancing timelines — everything from switching jobs to finding a new home. On average, the days on market in our county is around 40 days. If it’s priced correctly, it’s going to sell sooner,” Spearman explains. “On

Days on market 111

Days on market Agents Closing Sales 111

Housing Wire

OCTOBER 1, 2022

The median days on market is just 16 days — a slight increase from the record low seen in the last two months of 14 days. In comparison, in 2011, homes took 96 days to sell. . Another measure the housing market, is whether a Realtor had a client who had a distressed sale in the last month.

Marketing 418

Marketing Inspection Sales Lending 418

HomeLight

AUGUST 29, 2024

According to East Tennessee Realtors’ Q2 2024 Market Pulse Survey , the median days on market in the Knoxville region was significantly lower than the national average, at 14 days, while home sales received an average of 2.7 miles) Farragut $636,000 18-26 min (17.3 miles) Oak Ridge $306,300 28-40 min (23.2

Equity 105

Equity Days on market Mortgages Sales 105

HomeLight

JANUARY 29, 2024

If you’re a homeowner in Arizona making plans to sell your house, it’s likely you’re balancing multiple timelines. You may be counting the days until you retire, or perhaps you’re facing a deadline to move and start a new job. In Bullhead City], our average days on market right now is 98.”

Days on market 110

Days on market Agents Closing Sales 110

Housing Wire

OCTOBER 24, 2022

And, it is less than half of the “normal” level of about one million homes on the market. At the moment, most homeowners are locked into lower interest rate mortgages, they have solid equity in their homes and they have jobs — they don’t have to sell. Days on market has risen from 20 days to 60 days over the past year.

Marketing 345

Marketing Mortgages Equity Days on market 345

Keeping Current Matters

SEPTEMBER 7, 2021

According to the Realtors Confidence Index released by the National Association of Realtors (NAR), homes continue to sell quickly – on average, they’re selling in just 17 days. Average days on market is a strong indicator of buyer demand. As a seller, that’s great news for you.

Equity 291

Equity Days on market Mortgages Sales 291

Real Trends

JANUARY 19, 2023

The housing market had record low inventory, record low average days on market, contingencies and showings were almost nonexistent, and many markets experienced all-cash bidding wars exceeding $100K over list price. The post homebldr throws its hat into the iBuying ring appeared first on RealTrends.

Renovation 92

Renovation Days on market Finance Technology 92

Housing Wire

APRIL 15, 2022

The goal of higher rates, in my view, is to cool down price growth and get more days on the market. We are still seeing numbers in the teens for days on market, which isn’t good. We would like to get this back to 30 days, but anything in the 20s is a victory. Some data to consider: 1.

Mortgages 511

Mortgages Marketing Sales Days on market 511

HomeLight

AUGUST 7, 2024

If you’re like most homeowners in the Centennial State, your house is likely the most valuable asset you own. The average days on market — the time from listing a home to having a signed purchase contract — is about 42 days. When you decide to sell, it’s a big deal, and you’ll want to retain as much proceeds as possible.

Days on market 107

Days on market Closing Sales Agents 107

Broke Agent Media

APRIL 25, 2023

There are always signs when homeowners are getting ready to list their property—and if you know what to look for, it could help you gain a listing. If a homeowner is updating their home, there’s a chance they are prepping to sell. Homeowners often purge before moving. Start by having market data ready. It happens!

Renovation 98

Renovation Days on market Agents Sales 98

Lighter Side of Real Estate

FEBRUARY 8, 2023

Louis , the lowest median days on market last year was 31 back in May, but it was as high as 62 days on market back in January of 2022. Looking at that data, you can see how the days on market fluctuate up and down over time, and even during “hot” markets the number of days houses are on the market can vary greatly.

Days on market 84

Days on market Agents Banks As-is 84

Housing Wire

JULY 25, 2022

You’d still have most homeowners up in value overall and meanwhile, it could provide a lot of relief on rent growth, on [housing] affordability and facilitate a move back to lower mortgage rates over time.”. Inventories of homes for sale and days on market increased in the last month while growth in listing prices for homes started to soften.

Marketing 418

Marketing Residential Construction Mortgages 418