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

Housing Wire

NOVEMBER 21, 2023

Below are a few charts to go along with the existing home sales report: From NAR: First-time buyers were responsible for 28% of sales in October; Individual investors purchased 15% of homes; All-cash sales accounted for 29% of transactions; Distressed sales represented 2% of sales; Properties typically remained on the market for 23 days.

Sales 491

Sales Days on market Mortgages Investor 491

Housing Wire

AUGUST 8, 2024

“The other thing we are looking at is that the people who would really benefit from lower transaction costs are those who buy and sell homes at scale, which are the big investors. 17 , Simonsen has a few different markers he will be watching, including list-to-sale price ratio, days on market and the number of deals that fall through.

Debt-to-income ratio 488

Debt-to-income ratio Marketing Mortgages Days on market 488

Toronto Realty Blog

OCTOBER 3, 2022

But because of the relationship between leverage and days-on-market, I had the upper hand. All he knew was that I was only four days on the market, and that I sounded like an a **e who didn’t want to sell the property because I wanted to promote myself that weekend. I mean, seventeen days on market, right?

Days on market 105

Days on market Marketing Agents As-is 105

Housing Wire

DECEMBER 20, 2023

From NAR : First-time buyers were responsible for 31% of sales in November; Individual investors purchased 18% of homes; All-cash sales accounted for 27% of transactions; Distressed sales represented 1% of sales; Properties typically remained on the market for 25 days.

Sales 482

Sales Marketing Days on market Mortgages 482

Housing Wire

JANUARY 22, 2021

Compared to the previous year, days on market fell dramatically from 41 days to 21 days. Cash buyers and sales to investors also fell compared to the same month of the previous year. For context, inventory does tend to fall toward the end of the year and stay low until spring. Mortgage demand picked up in 2020.

Marketing 545

Marketing Sales Days on market Investor 545

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. Why is this so important to me?

Marketing 539

Marketing Sales Days on market Mortgages 539

Housing Wire

DECEMBER 22, 2021

Then everyone went crazy on investors and iBuyers , suggesting that these people were holding up the entire housing market. I understand that grifters have to keep the grift going, but not even the Joker would say that the housing market lives off investors and not mortgage buyers. Home prices and days on market.

Sales 516

Sales Investor Mortgages As-is 516

Housing Wire

MARCH 21, 2024

From NAR: First-time buyers were responsible for 26% of sales in February; Individual investors purchased 21% of homes; All-cash sales accounted for 33% of transactions; Distressed sales represented 3% of sales; Properties typically remained on the market for 38 days. Today, we are over 30 days old, which is good.

Sales 508

Sales Mortgages Days on market Investor 508

Housing Wire

APRIL 22, 2024

You’ll want to include the list price, sale price, and days on market. Targeting investors and tailoring your real estate prospecting letters to their needs and is very smart. If you have them, I would also include an insert with any testimonials you have from investor clients.

Brokerage 467

Brokerage Investor Agents Pre-approval 467

Housing Wire

AUGUST 2, 2022

HouseCanary is a San Francisco-based real estate technology firm founded in 2013 that provides institutional investors, lenders and other clients with residential real estate analysis, valuation services and software. Two states where that demand/supply imbalance has led to spendy rents for SFR properties are California and Florida. “By

Marketing 397

Marketing Days on market Investor Closing 397

Housing Wire

APRIL 20, 2023

One aspect I didn’t like to see in this report is that the days on market fell and are back to under 30 days. For some historical context, back in 2011, this data line was 101 days. That will pick up speed toward the second half of 2023 and we could see some positive year-over-year data toward the end of the year.

Sales 531

Sales Days on market As-is Marketing 531

Housing Wire

MARCH 21, 2023

#NAREHS However, with that said, the one data line that I love, love, love, the days on the market, is over 30 days again, and no longer a teenager like last year, when the housing market was savagely unhealthy. Also, the days on market are on a level they might feel more comfortable in.

Sales 511

Sales Mortgages Bankruptcy Marketing 511

Housing Wire

JANUARY 19, 2023

Richmond – There was reduced market activity this period, partially due to the usual seasonality, with a decline in the number of listings, decreased buyer traffic, and increased days on market. There also was a significant pullback in investor activity in the single home market.

Marketing 448

Marketing Residential Construction Sales 448

Housing Wire

JULY 20, 2022

Another negative item in this report — the days on market (DOM) are terrible. We want the DOM to get back above 30 days. In time, this should happen with higher rates and more inventory. However, you can see why pricing has held up in a savagely unhealthy way this year.

Sales 518

Sales Mortgages As-is Marketing 518

Housing Wire

JANUARY 26, 2022

What I believe occurred is that some housing investors took the decline in builders confidence and the increase in monthly supply to push that something bad was going to occur quickly. That cooling process is to allow days on market to grow and create a balance for the existing home sales market.

Sales 476

Sales Construction As-is Mortgages 476

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. . Investors may have been attracted to the market as they saw rents increase for tenants.

Marketing 418

Marketing Inspection Sales Lending 418

Housing Wire

NOVEMBER 30, 2023

CubiCasa provides better data, shortening the days on market for the property. It’s really rare that an app helps both the real estate process and the mortgage process and also makes secondary investors more comfortable. MLSs want more accurate data and public records not always up to date. SW: What keeps you up at night?

Loans 459

Loans Technology Days on market As-is 459

Housing Wire

AUGUST 30, 2022

I am not talking about investors; I am talking about primary resident homeowners. From Realtor.com : Even with demand weakness in recent months, days on market are still low. From the NAR : In the last existing home sales report, you can see the year-over-year decline on the days on market data. From Redfin.

Bankruptcy 397

Bankruptcy Days on market Sales Short sale 397

HomeLight

OCTOBER 11, 2024

Get Started Lauren Rosin , a real estate agent in Arizona who works with investors looking for deals, advises buyers looking for cheap houses, “Partner yourself with someone who’s in the market, not someone stuck on the multiple listing service (MLS).” Our service is 100% free, with no catch.

MLS 111

MLS Sales Inspection Agents 111

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. You can easily see why home prices took off after 2020 as active listings broke to all-time lows.

Marketing 370

Marketing Sales Days on market Mortgages 370

Housing Wire

MAY 12, 2022

Before we get into how you invest in real estate outside your state, let’s look closely at the benefits so you can see why it’s a good idea for many investors. Is the market usually mediocre? Suppose you are a hands-on investor who likes to periodically visit your investment. Market Growth. You May Save Money.

Property Management 448

Property Management Due diligence Finance Investor 448

Housing Wire

FEBRUARY 21, 2023

We are not having bidding wars like we saw when the days on the market were below 20 days.

Marketing 435

Marketing Sales Mortgages As-is 435

The Close

JANUARY 13, 2025

It examines factors influencing the renting market, such as property location, size, condition, and amenities. This data is subject to constant fluctuations, so investors must conduct frequent RMAs to stay abreast of the ever-changing real estate market. Why Is Rental Market Analysis Important?

Investor 98

Investor Marketing Equity Property Management 98

BAM Media

MARCH 20, 2025

Meanwhile, some apartments are staying on the market much longer than they did in early 2024: Manhattan : 51 days on market (up 104% YoY). Brooklyn : 48 days (up 60% YoY). Queens : 46 days (up 39% YoY). Staten Island : 36 days (up 12.5% Bronx : 38 days (down 1.3% YoYthe only borough with a decrease).

Days on market 59

Days on market Investor Marketing Construction 59

Housing Wire

SEPTEMBER 14, 2022

Richmond — Residential real estate market activity declined moderately this period. Inventories of homes for sale and days on market increased while home prices have softened. Contacts in several district states pointed to pressures on rental housing prices resulting from increases in investor purchases of local homes.

Industrial 370

Industrial Residential Construction Mortgages 370

The Close

DECEMBER 27, 2022

While tracking market cycles is widely accepted in the stock market, it has been strangely ignored in real estate investing. Unfortunately, we as investors are mere mortals and don’t have infinite time on this earth. However, the reality is that the market is already shifting. Stage 1: The Turn. Stage 5: Recovery.

Investor 105

Investor Staging Marketing Banks 105

The Close

JANUARY 25, 2022

As long as you’re willing to learn some new skills, then working with real estate investors might just be the best career move you’ll ever make as a realtor. Building the skills you’ll need to regularly pinpoint undervalued, off-market properties, advise investors, and close sometimes tricky deals won’t be easy.

Investor 98

Investor Closing Agents MLS 98

Housing Wire

OCTOBER 10, 2023

A CMA report includes information on similar, comparable properties in the area, including recent sales, active listings and current market trends. Like you, as a real estate agent, I have prepared many reports analyzing pricing trends to help provide guidance to buyers, sellers and investors alike.

Marketing 435

Marketing Agents Closing Renovation 435

Housing Wire

OCTOBER 21, 2022

Now on to the positive story: the days on market growth are almost above a teenager print, which hasn’t happened in a while. Having a lot of house options is always a plus for the housing market, and what we’ve had since 2020 was nothing close to balance. The silver lining.

Sales 305

Sales Mortgages Marketing As-is 305

HomeLight

AUGUST 25, 2020

Every house, every market, and every individual sale will vary in terms of days on market and closing timelines. In fact, 24 days from list to offer is pretty swift, historically speaking. In the current pandemic climate, some closings have dragged on more like 60 days. Your sale could be different.

Closing 122

Closing Pre-approval Inspection Days on market 122

HomeLight

MAY 23, 2024

Eventually, the bubble “bursts,” leading to a sharp decline in home prices, which can result in significant financial losses for homeowners and investors. More houses for sale: An increasing number of listings can signal a cooling market. General downturn in the economy: Economic slowdowns can impact the housing market.

Equity 115

Equity Construction New Construction Investor 115

Marco Santarelli

NOVEMBER 12, 2023

Understanding this balance is crucial for individuals entering the market, as it influences negotiation dynamics and overall market sentiment. Median Days on Market Time is of the essence in real estate, and in Oakland, FL, homes are spending an average of 35 days on the market.

Marketing 96

Marketing Investor Development Days on market 96

Marco Santarelli

OCTOBER 5, 2023

Here are some of the key Baton Rouge housing market trends to watch in the coming months: Median home sale prices: Home prices are still expected to rise in Baton Rouge, but at a slower pace than in previous years. Days on market: The average number of days a home is on the market is expected to increase slightly as buyer demand cools.

Marketing 98

Marketing Days on market Investor Sales 98

Marco Santarelli

NOVEMBER 12, 2023

Median Days on Market The time a property spends on the market is a critical indicator of market health. In Lakeland, FL, the median days on market is 46 days , presenting a concise timeframe for property turnover. Investors should monitor these trends to make informed decisions.

Marketing 98

Marketing Investor Days on market Sales 98

Marco Santarelli

FEBRUARY 25, 2023

Median Days on Market The median days on market for homes in Cape Coral, FL was 80 days in January 2023. This means that on average, homes take about 80 days to sell. The trend for median days on market in Cape Coral, FL has gone down since last month, and slightly up since last year.

Marketing 98

Marketing Investor Days on market As-is 98

Marco Santarelli

OCTOBER 4, 2023

Low inventory: There is a limited supply of homes for sale in Newark, which is contributing to the competitive market. Strong investment market: Newark is a popular destination for real estate investors, due to its strong economy and growing population. On average, homes in Newark, NJ sell after 41 days on the market.

Marketing 89

Marketing Due diligence Pre-approval Investor 89