Post on 04-Apr-2018
7/29/2019 Top 5 Realtor and Real Estate Trends
1/11
W I T H J A C O B S W O D E C K
TOP 5 REALTOR
AND REAL ESTATET R E N D S
7/29/2019 Top 5 Realtor and Real Estate Trends
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LACK OF INVENTORY
True Sellers market? (orhype?)
What about the shadowinventory? 7 month supply, 2.3mproperties, down 11% from a year
ago via CoreLogic
Sustainable growth?
7/29/2019 Top 5 Realtor and Real Estate Trends
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LACK OF INVENTORY
7/29/2019 Top 5 Realtor and Real Estate Trends
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LACK OF INVENTORY
The NAR reported
inventory decreased to
1.74 million units in
January 2013, down from
1.83 million in December.This is down 25.3% from
January 2012, and down
19% from the inventory
level in January 2005
(mid-2005 was wheninventory started
increasing sharply). This
is the lowest level of
inventory since
December 1999.
7/29/2019 Top 5 Realtor and Real Estate Trends
5/11
LISTING AGENTS RULE
Dual-agency trendS.E.L.s increaseWorking with institutional investors (Buy-
and-hold and flip)
Harder to get offers accepted
7/29/2019 Top 5 Realtor and Real Estate Trends
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FORECLOSURES DOWN,
SHORT SALES UP
1,000,000 short sales in 2013? (DarenBlomquist RealtyTrac)
Percentage of Pending Inventory that isDistressed by county (C.A.R. data Jan.2013)
Los Angeles 35%Orange 30%Riverside 48%San Bernardino 44%
7/29/2019 Top 5 Realtor and Real Estate Trends
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FORECLOSURES DOWN,
SHORT SALES UP
7/29/2019 Top 5 Realtor and Real Estate Trends
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INSTITUTIONAL
INVESTORS IMPACT
Making it harder for traditional buyersNo longer just want flipsThe mighty cap-rateWall Streets Profit CycleThey desire agent relationships too
7/29/2019 Top 5 Realtor and Real Estate Trends
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INSTITUTIONAL
INVESTORS IMPACT
63% of the
large investorspolled by
RealtyTrac
bought to buy-
and-hold
7/29/2019 Top 5 Realtor and Real Estate Trends
10/11
STANDARD SALES
ARE BACK!
Not just flips anymoreAlmost 64% of all sales in CA Move-up buyers Retiring baby-boomers (nearly
10,000 a day turn 65) Post World
War II born 1946-1964, 75m will
retire in the next 20 years
People moving out of California(100,000 more than move here a
year)
7/29/2019 Top 5 Realtor and Real Estate Trends
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LETS STAY IN TOUCH
Facebook.com/jacob.swodeck@JakesLadderJacobSwodeck@KW.com