Housing Wire

AUGUST 30, 2023

An index of 100 is equal to the level of contract activity in 2001. “Jobs are being added and, thereby, enlarging the pool of prospective home buyers. Buyers are being forced to lengthen their home search since there are so few properties available for sale,” she said. Overall, pending home sales fell in all four U.S.

Inventory 403

Inventory Contracts Buyers Realtors 403

Housing Wire

FEBRUARY 27, 2023

Buyers responded to better affordability from falling mortgage rates in December and January,” Lawrence Yun, NAR’s chief economist, said in a statement. An index of 100 is equal to the level of contract activity in 2001. Instead, expect a bumpy road on the way to a more normal housing market in 2023.” After posting a 2.5%

Housing Market 403

Housing Market Realtors Contracts Buyers 403

Housing Wire

FEBRUARY 29, 2024

For comparison, the index is benchmarked at a reading of 100 based on 2001 contract activity. As a result, long-term housing demand is increasing more significantly in these regions. ” Lower mortgage rates buoyed buyer demand in early 2024, but rates started to inch back up toward 7% in February. in December.

Contracts 383

Contracts Inventory New Listings Realtors 383

Housing Wire

JULY 29, 2021

Though the desire for buyers to purchase a new home remains strong, skyrocketing prices are putting the dream out of reach for some buyers, economists in the housing industry said. An index of 100 is equal to the average level of contract activity during 2001, the first year examined. on the index in June, an 8.7%

Marketing 433

Marketing Buyers Realtors Real Estate 433

Housing Wire

MARCH 31, 2021

After eight months of consecutive gains, the consequences of low inventory finally caught up with the housing market in February. An index of 100 is equivalent to the level of pending sales in 2001. A healthy housing market is considered roughly six months of supply. and West (96.9) respectively.

Inventory 493

Inventory Contracts Housing Market Buyers 493

Housing Wire

JANUARY 27, 2023

Mortgage rates are the dominant factor driving home sales, and recent declines in rates are clearly helping to stabilize the market.” An index of 100 is equal to the level of contract activity in 2001. “We We now have multiple leading housing indicators that are pointing to modestly higher sales activity.

Contracts 414

Contracts Realtors Mortgage Buyers 414

Housing Wire

AUGUST 10, 2023

Another rate hike in September would move the target federal funds rate to its highest level since March 2001. The economy remains strong for the real estate sector According to George Ratiu, chief economist at Keeping Current Matters , real estate markets have benefited from more people gaining jobs and better paychecks this year.

Mortgage 370

Mortgage Real Estate Buyers Construction 370

Housing Wire

JULY 27, 2023

An index of 100 is equal to the level of contract activity in 2001. The recovery has not taken place, but the housing recession is over,” said NAR Chief Economist Lawrence Yun. The presence of multiple offers implies that housing demand is not being satisfied due to lack of supply. Meanwhile, housing starts are forecast drop 5.3%

Construction 349

Construction Inventory Realtors Housing Market 349

Housing Wire

NOVEMBER 30, 2022

An index of 100 is equal to the level of contract activity in 2001. October was a difficult month for home buyers as they faced 20-year-high mortgage rates,” Lawrence Yun, NAR’s chief economist, said in a statement. Year over year, the PHSI was down 37.0%, marking the 17 th consecutive month of annual declines.

Realtors 370

Realtors Contracts Buyers Mortgage 370

Housing Wire

APRIL 2, 2021

“The prime-age labor force participation rate fell in the aftermath of the Great Recession and it took a decade to return to the pre-Great Recession average (2001-2007) of 83%,” Kushi said. For housing, March gained 110,000 jobs in construction – a positive sign in an industry struggling with supply constraints.

Inventory 498

Inventory Construction Housing Market Business 498

Housing Wire

OCTOBER 28, 2021

An index level of 100 is equal to the level of contract activity in 2001. Contract transactions slowed a bit in September and are showing signs of a calmer home price trend, as the market is running comfortably ahead of pre-pandemic activity,” Lawrence Yun, NAR’s chief economist, said in a statement. The index dropped to 116.7

Inventory 414

Inventory Renovations Contracts Buyers 414

Housing Wire

AUGUST 30, 2022

While the growth rate is cooling monthly, we are still in a savagely unhhealthy housing market trying to get national inventory levels back to pre-COVID-19 levels. Total Inventory had been growing from 2001-2005; total listings data in 2005 was at the higher historical range of 2.5 million listings. Some sell to rent, of course.

Inventory 381

Inventory New Listings Law Housing Market 381

Housing Wire

JULY 21, 2022

Retail housing market data from June showing early signs of a real estate slowdown was foreshadowed three months earlier in buyer behavior at foreclosure auctions. The downshift in buyer behavior at the foreclosure auction came two months before the downshift showed up in retail housing market data.

Housing Market 391

Housing Market Buyers Marketing Retail 391

Housing Wire

NOVEMBER 29, 2021

An index of 100 is equal to the level of contract activity in 2001.” ” One of the themes that I wanted to give to my readers is that housing data had surged toward the end of 2020, which created a high that couldn’t be sustained. When inventory rises and more supply is on the market, this means demand is fading.

Inventory 527

Inventory Contracts Training Investors 527

Housing Wire

MARCH 1, 2022

Clearly, we love that the housing market supports so many professionals and households. But ultimately, efficient mortgage lending and real estate sales is what is most important to a healthy housing market. Knock.com offers solutions for both buyers and sellers. This could be read through a negative lens.

Real Estate 329

Real Estate Brokerage Real Estate Agent Technology 329

Housing Wire

SEPTEMBER 21, 2023

The housing market will remain subdued until the Federal Reserve starts cutting rates next year, according to economists and housing pros following the central bank’s Wednesday announcement to leave the benchmark rate unchanged in the target range of 5.25%-5.5%. Fed officials expect interest rates to be at 5.1%

Real Estate 380

Real Estate Mortgage Buyers Inventory 380

Housing Wire

AUGUST 24, 2023

Freddie Mac‘s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 7.23% as of August 24, up from last week ’s 7.09%. What does it mean for the housing market ? Other indices showed even higher mortgage rates. said Sturtevant.

Mortgage 367

Mortgage Property Taxes Investors Buyers 367

Lamacchia Realty

JUNE 3, 2021

Angela Harkins has been a REALTOR® since 2001 and built her own team back in 2008. He is skilled in many facets of Real Estate including both Buyer & Seller Representation, Commercial, Investment, Relocation & Luxury Properties. In 2018 and 2019 , she was awarded Most Sales and Most Sales Volume for our Woburn Office.

Realty 65

Realty Agents Real Estate Human Resources 65

Lamacchia Realty

JULY 14, 2021

Mid-Year 2021 Winners of the Top 10 for the Company are: Joselin Malkhasian is a Realtor working with both Buyers and Sellers in the Greater Boston Area. He is skilled in many facets of Real Estate including both Buyer & Seller Representation, Commercial, Investment, Relocation & Luxury Properties.

Realty 71

Realty Agents Real Estate Realtors 71

Will Springer Realtor

MAY 13, 2024

today – may hold the keys (literally and figuratively) to the housing conundrum. Baby Boomers still have a significant impact on various aspects of society, including the housing market, healthcare and the economy. The favorable boost in supply is the result of fewer buyers and sellers compared with most spring seasons.

HOA 36

HOA Transportation Construction Buyers 36

Lamacchia Realty

JULY 7, 2023

Since then, she has taken off running and has helped her buyers and sellers reach their goals. Cyndi thrives to make her buyers and sellers her top priority. To learn more about Shauna, click here: Shauna Fanning Angela Harkins has been a REALTOR® since 2001 and built her own team back in 2008.

Realtors 74

Realtors Realty Real Estate Clients 74

Will Springer Realtor

DECEMBER 12, 2023

I wrote in this newsletter 12 months ago about the bumpy – maybe even bruising – housing market of 2022 across Puget Sound and most of the country. Ready to complete another year, the residential real estate market has not improved – some might say it got a little worse. To a happy 2024! =

Real Estate 36

Real Estate Buyers Housing Market Law 36

Housing Wire

APRIL 29, 2021

The National Association of Realtors released encouraging news Thursday about the future of the housing market. The trade group reported that pending home sales – that is homes where a buyer signed a contract, but the sale has not closed – rose 1.9 % index points to 111.3 in March, after two consecutive months of decline.

Contracts 414

Contracts Inventory Construction Realtors 414

Housing Wire

MAY 31, 2022

Mortgage lenders and real estate investment firms this month entered tight housing markets in the Midwest and the Northwest to better reach prospective homebuyers, despite a challenging mortgage market. Chicago’s housing market started out hot in 2022. Department of Agriculture (USDA). during the same time.

Mortgage 382

Mortgage Construction Lending Real Estate 382

Will Springer Realtor

JUNE 9, 2023

Can the housing market cope with rising demand? Our state is among five out West experiencing the greatest undersupply of housing in the nation (California, Colorado, Utah and Oregon are just ahead of Washington on the list.) Even the doubling of interest rates in less than a year did not dissuade some buyers in need of a home.

Buyers 36

Buyers Transportation Housing Market Law 36

Housing Wire

AUGUST 23, 2023

” The housing market According to Ratiu, viewed from the perspective of the past 20 years, the current 30-year fixed mortgage has high watermark rates. “We would have to go back to 2001 to find mortgage rates above 7.0%. Historically, rates tend to follow trends in inflation, with a lag of several months.”

Mortgage 362

Mortgage Loan Officers Inventory Housing Market 362

Appraisal Today

JUNE 10, 2022

House decorating used a lot of seashells and items found on the local beach. Construction started in 2001 and took three years to complete with two bedrooms, 2 bathrooms, and a swimming pool. Hot housing market not a bubble, economists say. Available to rent on Airbnb, of course. Jun 7, 2022. percent the previous week.

Appraisal 52

Appraisal Contracts Business Mortgage 52

Houston Properties

JANUARY 12, 2022

Houston Real Estate Market Forecast: Current Data & 2022 Predictions. Concerned about a housing market crash? While no one ever thinks they’ll be forced to sell in a down market, very few people predicted 9/11 (2001), Great Recession (2008), the collapse of oil prices (2014), or Hurricane Harvey (2017).

Real Estate 36

Real Estate Marketing Real Estate Agent Realtors 36

Appraisal Today

JUNE 3, 2022

Excerpts: The housing market sizzle has faded and we’ve entered a different season. We’ve basically said goodbye to the most aggressive housing market ever, and we’re in a new market now. Granted, the housing trend still feels elevated from normal, so it’s an error to call this market cold.

Appraisal 52

Appraisal Contracts Real Estate Marketing 52

Appraisal Today

OCTOBER 28, 2022

Haunted House Appraisals. 2022 Study: More Than Half of Buyers Would Purchase a Haunted Home in a Competitive Market. Excerpts: How many people lived in a real haunted house? About 58% of home buyers say they’d consider purchasing a haunted home, according to our new survey of 1,000 Americans. October 10, 2022.

Appraisal 52

Appraisal Contracts Mortgage Valuation 52

Housing Wire

JUNE 8, 2023

The Bank of Canada increased rates by 25 bps to 4.75% on Wednesday, the highest level since 2001. Mortgage Bankers Association (MBA) president and CEO Bob Broeksmit said high rates, low inventory and economic uncertainty resulted in a slow housing market at the start of 2023 summer. ”

Mortgage 381

Mortgage Investors Inventory Housing Market 381

Realvals

JANUARY 4, 2017

For the most part, these charts represent the housing market in Orange County for 2016 quite well. Masters CR Newport Coast $13,000,000 11908/AP 2001 0.473/20,596. For attached properties, the majority of the averages are between $400,000 and $500,000, which gives buyers in that price range plenty of options.

Real Estate 78

Real Estate Home Value Appraisal Housing Market 78

Will Springer Realtor

AUGUST 9, 2021

There is a strong need for a once-in-a-generation response to address decades of underinvestment in housing. million housing units since 2001. The direction this country is heading on housing affordability and supply is dangerous for people and communities. AUGUST HOUSING UPDATE. million to 6.8 Total stock rose 1.7%

Construction 36

Construction Inventory Property Taxes Development 36

Housing Wire

APRIL 13, 2022

As a driver of the economy, housing should be bolstered by: Non-bank lending institutions to lend in lower-income areas and to minorities in the same way that CRA provides for banks Reducing government-insured and guaranteed mortgage loan fees. in 2001 to 44.8% Programs to scale up affordable housing. Prices continue to rise.

Insurance 373

Insurance Construction Government Lending 373