The latest Zillow market report shows home prices are stabilizing as home sales have increased, while sellers continue to hold off, limiting inventory and igniting buyer competition for well-priced homes.
Byron Lazine and Nicole White discuss Gary Keller’s Inman article, what agents should be doing, little things that can undermine your real estate business, and Grant Cardone saying real estate investors will save the day and prevent a home price crash
Zillow reports buyers can expect competition for well-priced homes. Redfin reports buyer demand has cooled due to rising mortgage rates but is still stronger than last fall. The question is, how strong will buyer demand be this spring?
yron Lazine and Tom Toole discuss rising mortgage rates, the recent rallying of homebuilder sentiment, inventory drops, inflation causing an uptick in mortgage delinquency, and the meaning of value-based follow-up.
More sellers are returning to the market as home shopping season brings more motivated home buyers.
Byron Lazine and Tom Toole discuss shifts in inventory, the record low for housing affordability, young adults on the move, mortgage rate volatility, and why agents should be having conversations with local decision-makers.
NAR’s latest quarterly report shows nearly 9 in 10 metro areas experienced home price gains in the fourth quarter of 2022.
High home prices and elevated mortgage rates have taken a toll on consumer perceptions of the housing market. In January, the Fannie Mae Home Purchase Sentiment Index (HPSI) rose for the third consecutive month but fell 10.2 points year-over-year.
Byron Lazine and Nicole White discuss homebuyers buying down mortgage rates, how to spend $3,000 on your real estate business, and Biden’s State of the Union address.
Here’s some BAM Good News to start your week: mortgage rates dipped, food hub brings healthy food to Alexandria, eco-friendly building materials and NAR’s Good Neighbor Awards.
On February 1, the Federal Reserve announced a 25 basis-point rate hike. Here’s what Lawrence Yun says it means for the housing market.
Byron Lazine and Tom Toole discuss housing inventory dipping below 1M again, purchase applications increasing by 25%, U.S GDP rising 2.9% in Q4 2022, the rise in housing affordability and sentiment, and how inflation has derailed millennial home buying plans.
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