Days on market

Inman Announces First Class of Marketing All-Star Award Recipients

Retrieved on: 
Wednesday, March 8, 2023

TALLAHASSEE, Fla., March 8, 2023 /PRNewswire-PRWeb/ -- Inman, the leading news source for real estate agents, brokers, executives and technology leaders, today announced their 2023 Marketing All-Stars award recipients.

Key Points: 
  • TALLAHASSEE, Fla., March 8, 2023 /PRNewswire-PRWeb/ -- Inman , the leading news source for real estate agents, brokers, executives and technology leaders, today announced their 2023 Marketing All-Stars award recipients.
  • The recipients of the Marketing All-Star Awards span the gamut in the marketing sector of the real estate industry from chief marketing officers to brand and communications professionals.
  • The premier class of real estate Marketing All-Stars is a nod to the most effective, creative and boundary-pushing marketing professionals.
  • The list of 90+ award recipients include:
    Brian Maughan, EVP, Chief Innovation and Marketing Officer, Fidelity National Financial
    Victoria Gillespie, Chief Marketing and Communications Officer, National Association of REALTORS ®
    and other best of the best marketing powerhouses of the real estate community.

Existing-Home Sales Decline 2.7% in April

Retrieved on: 
Friday, May 21, 2021

Sales overall jumped year-over-year, up 33.9% from a year ago (4.37 million in April 2020).\n\xe2\x80\x9cHome sales were down again in April from the prior month, as housing supply continues to fall short of demand,\xe2\x80\x9d said Lawrence Yun, NAR\xe2\x80\x99s chief economist.

Key Points: 
  • Sales overall jumped year-over-year, up 33.9% from a year ago (4.37 million in April 2020).\n\xe2\x80\x9cHome sales were down again in April from the prior month, as housing supply continues to fall short of demand,\xe2\x80\x9d said Lawrence Yun, NAR\xe2\x80\x99s chief economist.
  • Unsold inventory sits at a 2.4-month supply at the current sales pace, slightly up from March\xe2\x80\x99s 2.1-month supply and down from the 4.0-month supply recorded in April 2020.
  • NAR rebenchmarks home sales periodically using other sources to assess overall home sales trends, including sales not reported by MLSs.\nExisting-home sales, based on closings, differ from the U.S. Census Bureau\xe2\x80\x99s series on new single-family home sales, which are based on contracts or the acceptance of a deposit.
  • Results include both new and existing homes.\n5 Distressed sales (foreclosures and short sales), days on market, first-time buyers, all-cash transactions and investors are from a monthly survey for the NAR\xe2\x80\x99s Realtors\xc2\xae Confidence Index , posted at nar.realtor.\n'

Texas new home sales, prices, sales pace bounce higher

Retrieved on: 
Wednesday, May 19, 2021

Caballero explained that homes sales are actually \xe2\x80\x9cmuch higher than the MLS data shows, because builders are selling homes before they can list them in the MLS!\xe2\x80\x9d\nTexas new home sales bounced higher to 4,133 sales from 3,753 sales in March, the 3-month moving average for April shows.

Key Points: 
  • Caballero explained that homes sales are actually \xe2\x80\x9cmuch higher than the MLS data shows, because builders are selling homes before they can list them in the MLS!\xe2\x80\x9d\nTexas new home sales bounced higher to 4,133 sales from 3,753 sales in March, the 3-month moving average for April shows.
  • ( See Chart 1: Texas New Homes Days on Market )\nTotal new home sales for last month bounced higher statewide in Texas, driven by stronger sales in three of its major new home markets, according to the 3-month moving averages.
  • ( See Chart 2: Texas New Home Sales )\nThe average price of new homes was higher statewide in all four major new home markets in Texas.
  • ( See Chart 3: Texas New Home Prices )\nNew home sales continue to push higher and sell closer to the asking price.

RE/MAX National Housing Report for March 2021

Retrieved on: 
Monday, April 19, 2021

b'DENVER, April 19, 2021 /PRNewswire/ --March home sales jumped by one-third over February\'s total as demand from hordes of eager homebuyers pushed the Median Sales Price above $300,000 for the first time in the 13-year history of the report.

Key Points: 
  • b'DENVER, April 19, 2021 /PRNewswire/ --March home sales jumped by one-third over February\'s total as demand from hordes of eager homebuyers pushed the Median Sales Price above $300,000 for the first time in the 13-year history of the report.
  • The figure for March 2020 was 3.2 months of available supply.\nThe average Days on Market of 38 was 16 days less than March 2020 and just two days more than the report record of 36 set last November.
  • March was only the fifth month in report history with average Days on Market under 40.
  • It\'s tricky on both sides of the equation, and RE/MAX agents are using their industry-leading experience to help buyers and sellers achieve the best outcome.

Texas New Homes Hit Record Sales Pace

Retrieved on: 
Thursday, February 18, 2021

DALLAS, Feb. 18, 2021 (GLOBE NEWSWIRE) -- New homes in Texas hit a record sales pace in January, selling faster than any other month since HomesUSA.com released its New Home Sales Index nearly four years ago.

Key Points: 
  • DALLAS, Feb. 18, 2021 (GLOBE NEWSWIRE) -- New homes in Texas hit a record sales pace in January, selling faster than any other month since HomesUSA.com released its New Home Sales Index nearly four years ago.
  • Total new home sales in Texas hit their highest level in the last 12 months, with a 12-month moving average of 4,571 sales reported statewide.
  • Caballero points out the monthly HomesUSA.com new homes report includes the 3-month moving averages of essential market data, including Days on Market, sales volume, sales prices, a sales-to-list price ratio, pending sales, and active listings.
  • ( See Chart 1: Texas New Homes Days on Market )
    New home sales were higher in all four major Texas new home markets, according to the 12-month moving averages.

Existing-Home Sales Decrease 2.5% in November

Retrieved on: 
Tuesday, December 22, 2020

Distressed sales5 foreclosures and short sales represented less than 1% of sales in November, equal to October's percentage but down from 2% in November 2019.

Key Points: 
  • Distressed sales5 foreclosures and short sales represented less than 1% of sales in November, equal to October's percentage but down from 2% in November 2019.
  • NAR rebenchmarks home sales periodically using other sources to assess overall home sales trends, including sales not reported by MLSs.
  • Historic comparisons for total home sales prior to 1999 are based on monthly single-family sales, combined with the corresponding quarterly sales rate for condos.
  • 5Distressed sales (foreclosures and short sales), days on market, first-time buyers, all-cash transactions and investors are from a monthly survey for the NAR's Realtors Confidence Index , posted at nar.realtor.

Existing-Home Sales Hit Highest Level Since December 2006

Retrieved on: 
Tuesday, September 22, 2020

Distressed sales5 foreclosures and short sales represented less than 1% of sales in August, equal to July's percentage, but down from 2% in August 2019.

Key Points: 
  • Distressed sales5 foreclosures and short sales represented less than 1% of sales in August, equal to July's percentage, but down from 2% in August 2019.
  • NAR rebenchmarks home sales periodically using other sources to assess overall home sales trends, including sales not reported by MLSs.
  • Historic comparisons for total home sales prior to 1999 are based on monthly single-family sales, combined with the corresponding quarterly sales rate for condos.
  • 5Distressed sales (foreclosures and short sales), days on market, first-time buyers, all-cash transactions and investors are from a monthly survey for the NAR's Realtors Confidence Index , posted at nar.realtor.

U.S. Housing Market Deja Vu

Retrieved on: 
Tuesday, August 13, 2019

SANTA CLARA, Calif., Aug. 13, 2019 /PRNewswire/ --Lower interest rates are prompting more buyers to come into the market, putting pressure on an already tight U.S. housing market and reversing 10 months of national inventory growth, according to realtor.com's July 2019 Monthly Housing Trend report released today.

Key Points: 
  • SANTA CLARA, Calif., Aug. 13, 2019 /PRNewswire/ --Lower interest rates are prompting more buyers to come into the market, putting pressure on an already tight U.S. housing market and reversing 10 months of national inventory growth, according to realtor.com's July 2019 Monthly Housing Trend report released today.
  • The report, which tracks key trends across the market, including the national median home price, days on market and inventory, showed flat inventory growth, which could lead to inventory declines sooner than originally predicted.
  • The median number of days on market in July was 58, the same as a year ago.
  • Competition for entry-level homes continues to be tight -- homes priced below $200,000 only spent 56 days on the market, whereas properties priced over $750,000 spent 81 days on the market.

Existing-Home Sales Surge 11.8 Percent in February

Retrieved on: 
Friday, March 22, 2019

"A powerful combination of lower mortgage rates, more inventory, rising income and higher consumer confidence is driving the sales rebound."

Key Points: 
  • "A powerful combination of lower mortgage rates, more inventory, rising income and higher consumer confidence is driving the sales rebound."
  • NAR rebenchmarks home sales periodically using other sources to assess overall home sales trends, including sales not reported by MLSs.
  • Historic comparisons for total home sales prior to 1999 are based on monthly single-family sales, combined with the corresponding quarterly sales rate for condos.
  • 5Distressed sales (foreclosures and short sales), days on market, first-time buyers, all-cash transactions and investors are from a monthly survey for the NAR's Realtors Confidence Index ,posted at nar.realtor.

Tech-Enabled Home Renovation Company Curbio Inc. Adds VP Position to Lead Realtor Relations Efforts

Retrieved on: 
Friday, December 14, 2018

POTOMAC, Md., Dec. 14, 2018 /PRNewswire/ --Curbio Inc., a leader in pre-sale home renovation, today announced the appointment of Rebecca Lombardo to the position of Vice President of Realtor Relations.

Key Points: 
  • POTOMAC, Md., Dec. 14, 2018 /PRNewswire/ --Curbio Inc., a leader in pre-sale home renovation, today announced the appointment of Rebecca Lombardo to the position of Vice President of Realtor Relations.
  • Lombardo has more than a decade of experience delivering value added services to both large corporations and individual entrepreneurs.
  • Curbio is the first home renovation company to focus exclusively on pre-sale renovation, helping listing agents and their sellers repair, update, and stage homes before they're listed in order to reduce days on market and increase net proceeds.
  • "Our partnerships with real estate agents are critical to the success of our business," said Rick Rudman, CEO of Curbio.