Housing Wire

MARCH 21, 2024

Today’s existing home sales report was a massive beat , similar to what happened last year in this month. Will this mark the high point for sales this year like it did in 2023? This year, we’ve had eight positive purchase application reports and the sales were spread out over two months — last month and this month.

Sales 508

Sales Mortgages Days on market Investor 508

Housing Wire

JULY 20, 2022

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% And, the median existing-home sales price climbed 13.4% from May and 14.2%

Sales 518

Sales Mortgages As-is Marketing 518

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

NOVEMBER 11, 2024

During Compass’ third-quarter 2024 earnings call with investors, Reffkin claimed that agents across the country are “infuriated” with CCP and their inability to give sellers a choice in listing their property on the MLS. I believe days on market is the killer of value.

MLS 370

MLS Brokerage Days on market Agents 370

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

Housing Wire

MARCH 18, 2022

The National Association of Realtors reported that existing home sales for February came in as a miss of estimates at 6.02 This level is still within my 2022 forecast sales range between 5.74 Last year I discussed sales levels coming back down to 5.84 Last year I discussed sales levels coming back down to 5.84

Marketing 542

Marketing Investor Sales Days on market 542

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

JANUARY 22, 2021

Today the National Association of Realtors reported existing home sales for the month of December were at 6,760,000, a beat of estimates. This also closed the books on 2020’s housing market as we finished out the year at 5,640,000 total existing-home sales — a 5.6% increase from the same month in 2019.

Marketing 545

Marketing Sales Days on market Mortgages 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. 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

DECEMBER 6, 2024

You can also create messaging for your investor clients to inform them of possible investment opportunities. For example, your investor clients probably wont be interested in a first-time home buyers checklist, and you most likely wouldnt want to send information about 1031 exchanges to the first-time home buyers in your database.

Pre-approval 397

Pre-approval Design Industrial Agents 397

Housing Wire

APRIL 20, 2023

after coming off the single biggest home-sales crash year in history. As expected, existing home sales fell from February to March since the previous month’s report was intense. We have a workable range for 2023 sales in the existing home sales market between 4 million and 4.6 We only have 2.6 million in March.

Sales 531

Sales Days on market As-is Marketing 531

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. “In

Debt-to-income ratio 488

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

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

APRIL 22, 2024

You’ll want to include the list price, sale price, and days on market. Your neighbors at (address) just sold their property for (sale price). I’m sure you’ve seen the for sale sign in the yard at (address). This property is currently listed for (asking price) and came on the market on (listing date).

Brokerage 467

Brokerage Investor Agents Sales 467

Housing Wire

JANUARY 19, 2023

High inflation has reduced consumers’ purchasing power, which has led to weakened sales and construction across all 12 Federal Reserve districts. While home prices have started to inch down, more inventory is needed for a balanced housing market, the Federal Reserve Beige Book said.

Marketing 448

Marketing Residential Construction Sales 448

Housing Wire

JULY 20, 2023

The savagely unhealthy housing market continues as existing home sales are near record lows, and the days on the market are still at a teenager level, with home prices rising in 2023. Ladies and gentlemen, this was the fear and now the reality of the savagely unhealthy housing market. million in June.

Marketing 370

Marketing Sales Days on market Mortgages 370

Toronto Realty Blog

OCTOBER 3, 2022

As a buyer’s agent, you can grovel, you can cite comparable sales, you can talk about the market conditions, and you can get a Harvard-educated, MENSA-member to explain why the property is worth less than $1,599,900, but the comeback from the listing agent will ultimately remain, “We just listed today.” We liked it.

Days on market 106

Days on market Marketing Agents As-is 106

Housing Wire

OCTOBER 1, 2022

As reported in the latest NAR Existing-Home Sales , inventory still remains in tight supply, which means homes are still moving at a fast past despite the recent rise in rates and home prices. 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.

Marketing 418

Marketing Inspection Sales Lending 418

Housing Wire

FEBRUARY 21, 2023

Last June, the Federal Reserve said it wanted a housing reset , which meant it wanted higher mortgage rates to destroy the housing market. This facilitated the biggest decline in existing home sales for a single year that we will ever see in modern-day history due to the high level of sales in January of 2022.

Marketing 435

Marketing Sales Mortgages As-is 435

Housing Wire

AUGUST 30, 2022

While the growth rate is cooling monthly, we are still in a savagely unhhealthy housing market trying to get national inventory levels back to pre-COVID-19 levels. From the index : I know it seems strange, but existing home sales are falling, and the monthly supply of new homes is at 10.9 million listings. Some sell to rent, of course.

Bankruptcy 397

Bankruptcy Days on market Sales Short sale 397

Housing Wire

MAY 9, 2022

Just last month, Canada’s prime minister proposed a two-year ban on some foreign investors buying Canadian real estate to try to tame price growth. foreign buyers have always been less than 300,000 of total home sales for many years. The days on market grow, which gives people more choices and less forced bidding.

Short sale 532

Short sale Mortgages Equity Sales 532

HomeLight

OCTOBER 11, 2024

A Top Agent Can Help You Find A House You Can Afford We analyze millions of home sales to find buyer’s agents who will show you the right home at the right price. Finding cheap houses: Homes currently for sale When looking for a bargain in the current market, it’s important to know what kinds of properties are typically priced lower.

MLS 111

MLS Sales Inspection Agents 111

Housing Wire

SEPTEMBER 14, 2022

The economic standoff between rising inflation and rising interest rates continues to weaken the housing market nationwide, with home sales falling across all 12 Federal Reserve districts, according to the Fed’s latest Beige Book report. Existing-home sales continued to fall slightly.

Industrial 370

Industrial Residential Construction Mortgages 370

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

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. Real estate sales by unit. Active housing inventory is rising rapidly as sales numbers begin to slump.

Investor 105

Investor Staging Marketing Banks 105

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

Marco Santarelli

OCTOBER 21, 2023

In recent years, the Clarksville housing market has been a subject of growing interest for both homebuyers and real estate investors. This dynamic market offers a range of opportunities, from affordable homes to potential investment properties. New Homes for Sale: Additionally, 141 new homes are available for purchase.

Sales 98

Sales Marketing Investor Property Management 98

HomeLight

MARCH 29, 2023

With 300 days of sun a year, a walkable downtown, and an average sale price $22,000 higher in February of 2023 than 2022, the area is still a great market if you’re looking to sell your house fast in Denver. In this guide, we’ll review each option to help you decide which makes the most sense for your home sale.

Sales 98

Sales Staging Investor Renovation 98

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

HomeLight

MARCH 29, 2022

According to the National Association of Realtors®, cash sales accounted for 23% of existing-home sales last year, up from 16% the year before. This article will not attempt to explain all the different iBuyers , investors or franchisors who buy homes for cash and how they operate. What is Simple Sale? Learn More.

Sales 105

Sales Agents Closing Renovation 105

Broke Agent Media

MARCH 22, 2023

BAM Key Details: According to the National Association of REALTORS®, existing home sales increased 14.5% Year-over-year, however, existing home sales dropped 22.6% and the median existing-home sale price fell 0.2% That said, year-over-year, existing home sales are down 22.6%. from a year ago to $363,000.

Sales 98

Sales Fixed-rate mortgage Mortgages Short sale 98

HomeLight

DECEMBER 9, 2021

We find ourselves counting down our wedding day, birthdays, anniversaries, and everything in between. There are countdown apps for almost every life event, but why hasn’t someone made an app to count down the days until we close on a home sale ? Or… you could have a quick home sale. What is a quick home sale?

Sales 105

Sales Short sale Agents Pre-approval 105

HomeLight

AUGUST 25, 2020

The overarching question, as you make your way down your pre-sale checklist , is likely something along the lines of: “How long is this going to take?”. home was on the market for an average of 24 days , with Ellie May estimating an average of 46 days to close on a purchase loan. Your sale could be different.

Closing 122

Closing Pre-approval Inspection Days on market 122

HomeLight

APRIL 14, 2023

In this guide, we will review the pros and cons of each approach to help you decide which makes the most sense for your home sale. Get a cash offer with HomeLight’s Simple Sale If you want to sell your house fast in Miami, HomeLight’s Simple Sale all-cash offer platform could be the perfect solution.

Sales 104

Sales Due diligence Agents Closing 104

HomeLight

APRIL 2, 2025

I would say sellers in this market have a pretty good understanding of what their home has to offer, and if they’re selling it as is, oftentimes they’re doing the things that they need to do to put the house on the market or the property on the market for an as-is sale, he adds. I don’t think so.

As-is 52

As-is Seller disclosure Inspection Finance 52

Marco Santarelli

OCTOBER 5, 2023

The Baton Rouge housing market is currently experiencing a slight cooling in buyer demand , resulting in a more balanced market. In August 2023 , the median sale price of a home in Baton Rouge was $239,000 (Redfin) , showing an 11.2% Despite the cooling in buyer demand, the Baton Rouge housing market remains relatively strong.

Marketing 98

Marketing Days on market Investor Sales 98

HomeLight

MARCH 12, 2025

Alex Adabashi , a top Nevada real estate agent with over 15 years of experience, says that the homes most commonly sold as-is are several decades old, by homeowners financially unable to bring these homes up to speed for a market sale. [As-is Fast facts about selling a house as is in Nevada The median sales price in Nevada (As of Jan.

As-is 52

As-is Inspection Finance Investor 52