Posts filtered by tags: Homebuyers[x]


 

Buyers viewed a record low number of homes before purchasing in 2021

Of the median eight homes buyers saw in 2021, they toured three of them virtually, according to a new analysis released Wednesday by the National Association of Realtors.
Tags: Radio, Inventory, NAR, National Association of Realtors, Markets & Economy, Select, Virtual Tours, Homebuyers, Jessica Lautz


Mortgage Rates Spike to Highest Level Since March 2020

Elevated inflation and the concerns over how federal officials intend to address it led to a significant surge in mortgage rates across the board, according to recent reports from Freddie Mac. According to the agency’s Primary Mortgage Market Survey® (PMMS®), the 30-year fixed mortgage rate averaged 3.45% for the week ending Jan. 13, climbing 0.7 points from a week earlier. Mortgage Details 30-year fixed-rate mortgage averaged 3.45% with an average of 0.7 point for the week—up from last week wh...
Tags: News, Radio, Treasury, Teams, National, Mortgage Rates, Agents, Latest News, Industry News, Freddie Mac, Consumer, Brokers, Homebuyers, George Ratiu, Primary Mortgage Market Survey, Freddie Mac According


Tampa Ranks Top of Zillow’s 2022 Hottest Markets List

The Sun Belt is in for another heated year of real estate, according to the latest report from Zillow, which ranks the top markets for 2022. All ranked states will likely face tight inventory, rising prices and strong competition, according to the company. Tampa topped the list due to its predicted home value growth, a thriving job market, scarce and fast-moving inventory, and a solid supply of potential buyers. The top 10 markets: 1. Tampa 2. Jacksonville 3. Raleigh 4. San Antonio 5. Charlotte...
Tags: Real Estate, News, Homeownership, Atlanta, Housing Market, Radio, Luxury, Teams, Nashville, National, Zillow, Agents, San Antonio, Jacksonville, Tampa, Orlando


US home sales prices hit another all-time high, leaving buyers in the dust

A new report released Wednesday by Redfin painted a bleak picture for homebuyers already fatigued by a tough market.
Tags: US, Radio, Agent, Supply, Mortgage Rates, Redfin, Homebuying, Markets & Economy, Brokerage, Select, Median Home Price, Homebuyers, Buyer Demand, Low Inventory, Days On Market, Daryl Fairweather


5 reasons to be optimistic about the 2022 housing market

At the National Association of Realtors' national conference on Friday, NAR Chief Economist Lawrence Yun shared promising insights about 2022.
Tags: Housing Market, Economy, Radio, Inflation, NAR, National Association of Realtors, Lawrence Yun, Markets & Economy, Select, Homebuyers, Housing Crash, Down Payment Assistance, Summer 2021


Op-Ed: Comments Regarding the Proposed Change to the IDX Display of Listing Brokerage and Agent Contact Information

I am an active user of the IDX system to generate new business and have been for over a decade. I have significantly invested time, innovation, creativity and money in both my personal real estate website and our brokerage sites to drive new business. We are not “listing aggregators” selling leads to buyer’s agents. We are a brokerage company of REALTORS® providing real estate brokerage services to both buyers and sellers. Don’t confuse “aggregator” platforms where you pay for advertising with b...
Tags: Real Estate, Technology, News, Radio, Mls, National, Zillow, Doj, Agents, Sellers, Latest News, Industry News, Best Practices, Don, NAR, Louisville Kentucky


Why tough conversations with buyers can’t wait

With chronic inventory shortages and rising home prices in markets around the country, having tough conversations with homebuyers is both inevitable and necessary, so don't delay them, panelists at Inman Connect Las Vegas advised on Tuesday.
Tags: Radio, Select, Inman Connect, Home Prices, Homebuyers, Inventory Shortage, Inman Connect Las Vegas, Inman Events, Tyler Whitman, Dee Dee Guggenheim Howes, ICLV21


Bidding wars reach lowest level since August 2020: Redfin

Thanks to the reemergence of seasonal market patterns, bidding wars have slowed to their lowest level in over a year.
Tags: Radio, Redfin, Markets & Economy, Select, Seller's Market, Homebuyers, Home Price Growth, Homesellers, Bidding Wars


Is your client ready to buy a home? This is the best time to do it

Here's the best time to purchase a home, according to realtor.com's latest real estate market report.
Tags: Radio, Homebuying, Markets & Economy, Select, Realtor.com, Homebuyers, Home Price Growth, Fall Homebuying Season, Fall Home Prices, Fall Market Trends


How agents can retain clients when they take a break from the market

When a client decides to put a pause on their home search, agents can ensure homebuyers and sellers stick with them when they're ready to reenter the market by staying top of mind.
Tags: Communication, Radio, Finances, Agent, Credit, Listening, FDIC, Client Retention, Markets & Economy, Select, Homebuyers, Cd's, Down Payment, Client Expectations, Northern Virginia Association of Realtors, Agent Communication


Florida cities see heightened interest from buyers on the move

Three Florida cities found themselves among the top migration destinations for Redfin website users in July.
Tags: Florida, Technology, Buyers, Radio, Migration, Miami, Net Migration, Move, Tampa, Redfin, Cape Coral, Markets & Economy, Brokerage, Homebuyers, Outflow, Inflow


Summer housing slowdown brings bidding wars back to earth

Competition eased throughout the nation for Redfin agents, who reported only 60 percent of their offers were part of a bidding war in July.
Tags: Buyers, Competition, Radio, Redfin, Bidders, Inventory, Markets & Economy, Brokerage, Select, Homebuyers, Bidding Wars


How to reach stalled homebuyers

Whether they’re ready to spend their quarantine savings or are restarting an abandoned home search, here’s how to talk to these eager buyers.
Tags: Marketing, Interest Rates, Content Marketing, Service, Radio, Agent, Content, Content Creation, Brokerage, Select, Homebuyers, First-Time Homebuyers, Homebuying Process, Christy Murdock


Home office eclipses short commute as a buyer must-have, agents say

Nearly 60 percent of agents surveyed by Homelight said they expect a home office to be a top priority for buyers in a post-vaccine landscape.
Tags: Buyers, Mortgages, Radio, Home Office, Agent, Mortgage, Sellers, Inventory, Real Estate Agents, Select, Homebuyers, Homelight, Contingencies, Banking & Lending, Cash Offers, Bidding Wars


Buyers could see more affordable homes in the next 6 months

A recent Homes.com survey found that most prospective sellers plan to list homes valued at less than $300,000.
Tags: Radio, Agent, Inventory, Markets & Economy, Select, Home Prices, Homebuyers, Homes.com, First-Time Homebuyers, Contingencies, Homesellers


Connecting with Ryan Schneider: Flexibility is the key to success

Ahead of his session at Inman Connect, Realogy CEO Ryan Schneider shares what consumer trends will endure after the pandemic and how flexibility is key to providing excellent service during a shift.
Tags: Interviews, Remote Work, Radio, Inventory, Realogy, Brokerage, Select, Homebuyers, Home Price Growth, Ryan Schneider, The New Normal, Homesellers, Realogy CEO Ryan Schneider, Inman Connect Realogy


Most pandemic homebuyers remained in the same state: Knock

Nearly three-quarters of pandemic homebuyers moved to a new area, and most pandemic homebuyers were millennials or Gen Z-ers, according to a recent study by Knock.
Tags: Data, Analysis, Radio, Relocation, Pandemic, Homebuyers, Knock, Millennial Homebuyers, Moving Trends, Sean Black, Great Reshuffling, Gen Z Homebuyers, Pandemic Trends


4 tips for dealing with buyers’ fears in an overheated market

Fear commonly immobilizes buyers from making the choices that will ultimately enhance their lives. Here’s how to coach your clients to succeed despite the potential risks. 
Tags: Opinion, Buyers, Service, Radio, Teams, Agent, Columns, Buying, First-time buyers, Homebuying, Select, Homebuyers, Carl Medford


Realtors reveal their best tips for winning a bidding war amid a feverish real estate market where demand is 'through the roof'

People wait to visit a house for sale in Floral Park, New York. Xinhua/Wang Ying via Getty Images With how frenzied the real estate market is right now, a bidding war is almost a given. Realtors shared how to make an offer stand out, from waiving contingencies to offering to rent back. One realtor noted that writing a thoughtful letter can sway a seller in your favor. See more stories on Insider's business page. In California, one $400,000 house got 122 offers in a single weekend. In P...
Tags: Real Estate, New York, California, US, Trends, Chicago, Austin, Brooklyn, Pennsylvania, Realtors, Seattle, Homebuying, Don, South Florida, McDonald, Raleigh North Carolina


How long will the housing shortage last? Years — here’s why

Thinking optimistically and knowing a little about U.S. homebuilders and American ingenuity, builders might create an average of 2 million homes annually and achieve a supply-demand balance in about six years.
Tags: Opinion, Service, Radio, Millennials, Agent, Markets & Economy, Brokerage, Select, Homebuyers, Housing Demand, Housing Starts, Ben Caballero, Homebuilders, Homebuilding, Bubble Trouble


New realtor.com market report hints inventory relief is coming

Realtor.com's latest weekly market report showed a boost in new listings during the last week of April — a hopeful signal that lower home prices are near.
Tags: Radio, Homeowners, Inventory, Markets & Economy, News Brief, Realtor.com, Homebuyers, New Listings, Homesellers, Time On Market, Active Inventory


11% of Americans moved during the pandemic: Zillow survey

Zillow's latest report revealed what pushed Americans to move during the pandemic and which markets experienced the largest inflow of new homebuyers.
Tags: Uncategorized, Radio, Zillow, Remote Working, Markets & Economy, Select, News Brief, Virtual Tours, Homebuyers, Zillow Offers, Homesellers, Coronavirus, The Great Reshuffling


A Record 31% of Redfin.com Users Look to Relocate as Homebuyer Interest in Affordable Areas Intensifies

Phoenix is the most popular destination for Redfin.com users looking to move away from expensive coastal cities. Some out-of-town buyers are shifting their search from Texas to Arizona after recent winter storms. Seattle, WA –  March 25, 2021 (PRNewswire) — (NASDAQ: RDFN) — Nationwide, 31.2% of Redfin.com users looked to move to a different metro in January and February, up from 26.1% during the same time period last year, according to a new report from Redfin (www.redfin.com), the technology...
Tags: Florida, Real Estate, New York, Texas, News, California, Washington, Sacramento, Los Angeles, San Francisco, Indianapolis, Austin, Radio, Arizona, San Diego, Dallas


How the agent commission structure benefits everyday Americans

For those who are attacking agents and the associated commission structure, let’s be clear about who and what they’re attacking. They’re attacking everyday Americans who are helping their fellow Americans achieve the ultimate dream — owning a home.
Tags: Agent, Brokerage, Opinion, Select, Service, American dream of homeownership, Charlie Oppler, Commission Structure, Homebuyers, Homeownership, NAR, Out-of-pocket Commission, Real Estate Agents, Realtors


6 Essential Tips For Home Buyers

Are you buying a new house or moving home? Here are 6 tips to help you navigate the house buying process. Including Home inspection, getting approved for a mortgage, agreeing your sale with your buyer and closing the sale. SOURCE: YouTube – Lee Launches
Tags: News, Infographic, Radio, General Interest, Homebuyers


Real estate infographic video – 6 Essential Tips For Home Buyers.

Are you buying a new house or moving home? Here are 6 tips to help you navigate the house buying process. Including Home inspection, getting approved for a mortgage, agreeing your sale with your buyer and closing the sale. SOURCE: YouTube – Lee Launches
Tags: News, Infographic, Radio, General Interest, Homebuyers


Homebuyer Interest in Vacation Towns and Suburbs Has Soared Since the Pandemic

Remote workers seeking space for offices and a simpler lifestyle are searching for homes in places like Lake Tahoe, Santa Cruz and Cape Cod. Meanwhile, big cities like New York are cooling down. Seattle, WA – March 10, 2021 (PRNewswire) — (NASDAQ: RDFN) — Housing markets in vacation destinations and relatively affordable suburbs of big cities have heated up more than any other area over the last year, a time period that starts with the onset of the coronavirus pandemic in the U.S., according ...
Tags: Amazon, New York, News, Washington, New York City, Sacramento, Chicago, Radio, Silicon Valley, Lake Tahoe, East Coast, Redfin, Bay Area, Seattle Wa, El Dorado County, Arlington County


Homebuyers on a $2,500 Monthly Budget Stand to Lose $23,250 in Spending Power as Mortgage Rates Rise from Record Lows

Higher mortgage rates would likely make homebuyers more cost conscious and less likely to bid up home prices Seattle, WA – March 8, 2021 (PRNewswire)– (NASDAQ: RDFN) — A homebuyer would lose $23,250 in spending power with a mortgage rate of 3.25% versus a 2.75% rate, where they were sitting earlier this year, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. At a 3.25% interest rate, a homebuyer can afford a $506,000 home for $2,500 per mont...
Tags: Real Estate, News, Minneapolis, Washington, Sacramento, Los Angeles, Indianapolis, Radio, Canada, United States, Portland, Dallas, Salt Lake City, Birmingham, Houston, Cleveland


Redfin: Real estate commissions will drop due to iBuyers, public display

The average buyer broker commission rate iBuyers paid when they re-sold a home fell to 2.5 percent in 2020 from 2.8 percent in 2019, according to Redfin.
Tags: Radio, Antitrust, Department Of Justice, Doj, Redfin, NAR, National Association of Realtors, Brokerage, Select, Homebuyers, iBuyer, Daryl Fairweather, RedfinNow, MLS & Associations, Homesellers, Buyer Broker Commissions


The best month of the year to buy a home in 2020 was November

The median monthly mortgage payment in the U.S. hit a low of $1,094 in November 2020, making it the best month out of the year to buy a home, according to a Redfin analysis.
Tags: San Francisco, Data, Analysis, Radio, Federal Reserve, Seattle, Redfin, Markets & Economy, Select, Homebuyers, Mortgage Payments, Redfin Agent, Low Inventory, Shoshana Godwin, Daryl Fairweather, Low Mortgage Rates