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’ll also highlight which variables we should be watching for unexpected market shifts.

Marketing 543

Marketing Days on market Sales As-is 543

Inman

JULY 24, 2024

has released a report on the effectiveness of floor plans on days on market. Artificial intelligence software company Restb.ai

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Days on market Marketing Technology 195

Housing Wire

MARCH 14, 2025

Stats are the fuel to the fire of the real estate market and will make you exude confidence in conversations with potential clientsmaking them feel confident in hiring you to represent them. This proves your expertise to clients and allows you to provide them with knowledge about the real estate market.

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Marketing Commercial Agents Property Management 350

Housing Wire

MARCH 4, 2025

Compass says that the listings protect home sellers against negative insights, such as days on market. At Compass we are advocating for homeowners to have control over how their listings are marketed, Reffkin said in a statement. Coming Soon is part of Compasss three-phase marketing plan for homes.

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Agents MLS Brokerage Days on market 369

Housing Wire

APRIL 17, 2025

NWMLS is a broker-owned MLS and is the only MLS in the country that prohibits agents from marketing a property on the internet privately or publicly unless its listed in the MLS. Unlike NARs CCP, NWMLS does not allow agents to withhold listings from the MLS as privately marketed office exclusives. State law supersedes MLS rules.

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MLS Days on market Agents As-is 418

Housing Wire

NOVEMBER 11, 2024

While the panelists did not explicitly discuss NAR’s increasingly controversial Clear Cooperation Policy (CCP) , the rule, which requires listing brokers to enter listings into the MLS within 24 hours of marketing the property, was at the center of the panel’s discussion. I believe days on market is the killer of value.

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MLS Brokerage Days on market Agents 370

Housing Wire

MARCH 18, 2022

To get the housing market to be sane and normal again, we need inventory to get back in a range between 1.52 – 1.93 million ; this is still historically low, but this gives the housing market a breather from the madness that we see today. One of the critical data lines that I want to see improve this year is days on market.

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Marketing Investor Sales Days on market 542

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.

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Marketing Sales Days on market Mortgages 539

Housing Wire

OCTOBER 28, 2024

All the dominant trends in the housing market this year seem like they would indicate home prices declining. With just a few local market exceptions, home prices nationally will finish the year up again and will go into 2025 with some upward momentum. As a result, we’re now only 21% fewer homes on the market than this point in 2019.

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Mortgages Sales Marketing As-is 476

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

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

Housing Wire

NOVEMBER 19, 2020

Days on market fell from 36 days to 21 days on a year-over-year basis. The housing market is hot. You may be told that future moderation indicates “cracks in the housing market, but don’t buy into it. Before COVID-19, housing market data broke out for the first time in a long time. year over year.

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Marketing Sales Days on market Mortgages 545

Housing Wire

AUGUST 18, 2020

Compared to last year , the housing market this year has seen some big changes. The hottest zip codes have bucked the national trend of a housing market slowdown during the COVID-19 pandemic,” Danielle Hale, realtor.com’s chief economist said in the report. Homes in these markets are on the market between seven and 25 days.

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Marketing Days on market As-is 516

Housing Wire

JANUARY 22, 2021

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% The COVID crisis of 2020 was responsible for a lot of abnormal metrics in the housing market. We saw hints of this prime housing market period as early as February of 2020.

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Marketing Sales Days on market Investor 545

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. percentage points in market share, albeit with a setback in 2023. The number of listings in San Diego fell 50.5%

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Marketing VA loan Days on market Loans 459

Housing Wire

MARCH 3, 2025

Over the last two months with economic uncertainty, the bond market has responded and the yield for the 10-year treasury has declined by 60 basis points from 4.8% The thing to keep in mind for the housing market as we roll into March is that mortgage rates have been easing down. There are 193,000 on the market.

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Sales Mortgages Days on market As-is 372

Housing Wire

FEBRUARY 27, 2023

We created the weekly Housing Market Tracker because housing data has been so wild since 2020. The housing market madness persisted last week as inventory fell and higher mortgage rates took a bigger bite out of purchase application data. In a typical marketplace, the days on market are more than 30 days.

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Marketing Mortgages Days on market Sales 476

Housing Wire

DECEMBER 20, 2023

I would argue yes, and the housing market today looks a lot like what we saw in late 2022. I give more details in this interview on why I believe the housing market dynamics shifted on Nov. The days on market have always been a critical data line for me. However, the fact that this is over 19 days is a good thing.

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Sales Marketing Days on market Mortgages 482

Housing Wire

SEPTEMBER 30, 2024

Cooler fall temperatures have brought less intense housing market conditions to the once white-hot market of Bergen County , New Jersey. “We 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.

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Marketing Home sale contingency Days on market Agents 430

Housing Wire

APRIL 15, 2022

We’ve all been wondering what 5% plus mortgage rates would do to the hot housing market, and now we’ve got that and a bag of chips. As a result, I’ve been rooting for mortgage rates to rise to create a balancing impact on this housing market. Even this week, on tax day, it is still showing a decline.

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Mortgages Marketing Sales Days on market 511

Housing Wire

APRIL 22, 2025

The CCP requires listing brokers to share a listing to the MLS within 24 hours of publicly marketing the property. However, the policy allows for office exclusives which can be marketed to other agents in the same brokerage and in one-on-one communication with agents at other firms.

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MLS Brokerage Days on market Industrial 270

Housing Wire

FEBRUARY 23, 2024

Although the Greater Boston area may still be plagued by persistently chilly temperatures, its housing market is still red-hot. According to data from Altos Research , the Boston-Cambridge-Quincy, MA-NH metropolitan area was the hottest housing market nationwide as of Feb. Altos considers anything over 30 to be a seller’s market.

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Marketing Agents Inspection As-is 493

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. Why choose 2011?

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Marketing Equity Days on market Sales 385

Housing Wire

DECEMBER 28, 2022

This article is part of our 2022-23 Housing Market Forecast series. The last time we saw prices decline, the combination of declining prices and bad mortgages forced inventory onto the market. This time, declining prices are likely tempering the pace of inventory going onto the market rather than accelerating.

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Marketing Equity Mortgages Short sale 505

Housing Wire

MARCH 6, 2023

The housing market faced some serious obstacles last week as the 10-year yield broke over 4%, mortgage rates rose to over 7%, purchase apps fell again and we are still trying to find the elusive seasonal bottom for housing inventory. Last week we had a lot of action on the bond market just to end up exactly where we were the previous Friday.

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Marketing Mortgages Sales As-is 513

Housing Wire

JANUARY 23, 2023

Here’s the housing market rundown for the last week: Purchase application data had a solid week-to-week gain of 25%. Mortgage rates fell, but the bond market didn’t break what I see as a critical level, so for now, stabilization is more important. Last week’s housing market data provided mixed news.

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Marketing Mortgages Sales As-is 516

Housing Wire

JULY 29, 2024

Warmer summer weather has brought cooler housing market conditions to Montana. The market right now just feels like it’s a bit lukewarm,” said Brian Huskey , a Billings, Montana-based ERA American Real Estate agent. Altos considers anything above a Market Action Index score of 30 to be a seller’s market. from 44.75

Marketing 445

Marketing Agents As-is Days on market 445

Housing Wire

DECEMBER 29, 2021

A bullish housing market. The housing market didn’t crash at all, in fact, more Americans bought homes with mortgages in 2021 than in 2020. We do have some very positive stories about the housing market in 2021, but not all is perfect, of course. What a year 2021 has been. However, not only did the U.S. The excellent.

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Marketing Equity Construction Bankruptcy 534

Housing Wire

MARCH 31, 2025

Specifically, they are reaching out to home sellers who experienced a price drop or significant days on market. An open, fair, transparent, and comprehensive marketplace benefits all market participants, including sellers, buyers, brokers, and appraisers.

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MLS Brokerage Industrial Days on market 295

Housing Wire

JUNE 25, 2023

More importantly, it showed that the days on market dropped back to the teenager level, which means we are once again in a savagely unhealthy housing market. Nothing good is happening in housing when days on market are so low. Also, NAR updated its inventory report showing a year-over-year decline in inventory.

Marketing 435

Marketing Mortgages Days on market Sales 435

Housing Wire

JANUARY 19, 2023

While home prices have started to inch down, more inventory is needed for a balanced housing market, the Federal Reserve Beige Book said. Housing markets continued to weaken, with sales and construction declining across [all 12 Federal Reserve] districts,” according to the Federal Reserve Beige Book released on Wednesday.

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Marketing Residential Construction Sales 448

Housing Wire

APRIL 25, 2025

As such, unlike NARs CCP which allows for office exclusives, NWMLSs does not, leading to Compass claiming that it has the most restrictive homeowner marketing rules in the country. Outside of Washington, homeowners can choose to list their home as a Compass Private Exclusive or Compass Coming Soon and receive the benefits of pre-marketing.

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Brokerage MLS Days on market Residential 339

Housing Wire

MARCH 22, 2024

Unlike many other metropolitan areas across the country , the housing market in Southwest Florida is comparably flush with for-sale inventory. “I There is also some pent-up desire to sell being released by a steadier interest rate environment and an overall slower market.

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Marketing Seller concession Due diligence Days on market 448

Housing Wire

JUNE 28, 2024

According to local real estate agents, the region’s housing market seems to have read the same memo, as June did not bring the same market boost as many have grown accustomed to. So, this year, April and May were a little slower, so it felt like we were getting back to a normal market. as of June 21, 2024. as of June 21, 2024.

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Marketing Days on market Agents Inspection 397

Housing Wire

APRIL 22, 2025

As MLSs across the country work to implement the National Association of Realtors (NAR) Multiple Listing Options for Sellers (MLOS) policy, brokerages and some Realtor associations are busy creating the new disclosures needed for delayed marketing exempt listings.

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Brokerage MLS Agents As-is 329

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. million in January.

Marketing 435

Marketing Sales Mortgages As-is 435

Housing Wire

JULY 25, 2022

Rising interest rates and a slowing economy overall are already taking some of the air out of the rapid home-price appreciation the housing market has experience over the past year, according to the recently released Federal Reserve Beige Book for July. Freddie Mac projects that home-price growth will average 12.8%

Marketing 418

Marketing Residential Construction Mortgages 418

Housing Wire

AUGUST 2, 2022

States in the industrial Midwest secured seven of the 10 spots on the list [of least-expensive SFR markets],” the HouseCanary report notes. “… Renters are more noticeably gravitating toward this region in a market that is experiencing a continual increase in average national rent prices.”.

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Marketing Days on market Investor Closing 397