Top 5 Realtor and Real Estate Trends

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


2/11

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?


3/11

LACK OF INVENTORY


4/11

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.


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


6/11

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%


7/11

FORECLOSURES DOWN,

SHORT SALES UP


8/11

INSTITUTIONAL

INVESTORS IMPACT

Making it harder for traditional buyersNo longer just want flipsThe mighty cap-rateWall Streets Profit CycleThey desire agent relationships too


9/11

INSTITUTIONAL

INVESTORS IMPACT

63% of the

large investorspolled by

RealtyTrac

bought to buy-

and-hold


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)


11/11

LETS STAY IN TOUCH

Facebook.com/jacob.swodeck@[email protected]

Top 5 Realtor and Real Estate Trends

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