Housing Wire

APRIL 18, 2024

Existing home sales fell in today’s report , which isn’t surprising, but one headline that shocked some people was that home prices are still up year over year, even with higher inventory and higher mortgage rates. Of course this isn’t the healthiest housing inventory story. million, and in 2007, it peaked at 4 million.

Inventory 478

Inventory Housing Market New Listings Buyers 478

Housing Wire

MAY 3, 2024

As the spring selling season kicks off, many educated sellers know that buyers are experiencing spring fever and are tired of sitting on the fence watching home prices increase. Serious buyers showed discernment as they know inventory is growing. To that I say, timing is everything in real estate. With only 1.3

Inventory 323

Inventory Lending Real Estate Housing Market 323

Housing Wire

DECEMBER 21, 2022

On Wednesday, existing home sales collapsed near the lows we saw during COVID-19 and back in 2007 when the housing bubble burst. In addition, this is the fourth straight month of inventory declining, while days on the market are growingl! Plus, available housing inventory remains near historic lows.” Housing inventory.

Inventory 515

Inventory New Listings Housing Market Sellers 515

Appraisal Buzz

MARCH 25, 2024

in 2021, hitting the worst level since 2007. “In Lack of inventory and ever-rising home prices are the main factors impacting the home flipping business. As that happened, the profit gap between investors and all sellers gradually widened. That’s down from 28.1% in 2022 and 35.7%

Renovations 334

Renovations Investors Inventory Sellers 334

Housing Wire

DECEMBER 7, 2022

These were forced credit sellers, which means these sellers don’t sell to buy a home like a traditional seller does. Since they were distressed forced sellers, inventory skyrocketed in 2006 and stayed very elevated in 2007 and 2008. Total inventory levels. NAR: Total Inventory levels 1.22

Housing Market 543

Housing Market Mortgage Marketing Inventory 543

Housing Wire

SEPTEMBER 13, 2022

The premise of a mortgage rate lockdown is simple: so many American households have such low mortgage rates that some will never move once rates rise, which then locks up housing inventory. Typically we have a natural set of new listings each year; inventory rises in the spring and summer and then falls in the fall and winter.

Mortgage 515

Mortgage Inventory New Listings Sellers 515

Housing Wire

MAY 2, 2023

And there’s another thing that separates the housing market from other markets — the buyer is often also the seller. In most markets, the seller, or supplier, makes their decision about adding supply to the market independent of the buyer, or source of demand, and their decision to buy. years in March 2023, according to recent data.

Housing Market 364

Housing Market Marketing Sellers Inventory 364

Housing Wire

JANUARY 25, 2023

in December 2022, its highest level since 2007 and its fastest rise in more than 40 years. Inventory What does that mean for housing? Until mortgage rates drop below 5.5%, we can expect low housing supply, which favors sellers. The inventory changed last year as rates finally rose higher, eating into demand.

Housing Market 417

Housing Market Marketing Inventory Sellers 417

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. Housing inventory issue with no booming demand. Total Inventory had been growing from 2001-2005; total listings data in 2005 was at the higher historical range of 2.5

Inventory 382

Inventory New Listings Law Housing Market 382

Housing Wire

JANUARY 18, 2023

Builders feel more confident in the market, housing inventory data is positive and buyer demand for mortgages has increased — but don’t be fooled. You need a buyer and seller,” Brown said. So, it’s definitely not like selling a loan to a GSE (government-sponsored enterprise).

Housing Market 423

Housing Market Marketing Insurance Mortgage 423

Housing Wire

SEPTEMBER 30, 2022

The latest weekly survey data from Freddie Mac shows the 30-year fixed-rate mortgage jumped 40 basis points to an average of 6.70% this week, the highest level since 2007. There is more inventory relative to demand, and deals can be found. A year ago at this time, rates averaged 3.01%.

Buyers 449

Buyers Mortgage Loan Officers Retail 449

Listing Spark

JUNE 27, 2023

National Landscape: Indications of a Seller’s Market As detailed in a recent article by Matt Carter published on June 9, 2023, a national sentiment heavily favoring sellers prevails 1. “The housing market has tilted sharply in favor of sellers amid increasing demand and ongoing low housing inventory.”

Real Estate 69

Real Estate Sellers Inventory Marketing 69

Housing Wire

APRIL 20, 2023

months’ worth of housing inventory in the U.S. NAR: Total housing inventory registered at the end of March was 980,000 units, up 1.0% Unsold inventory sits at a 2.6-month Total housing inventory, while up year over year, is still near all-time lows, and monthly supply is also up year over year. We only have 2.6

Inventory 523

Inventory Housing Market Marketing New Listings 523

Lamacchia Realty

MARCH 26, 2024

As you can see in the chart below, Florida has the highest shift in rising inventory over the past twelve months. Source Condo inventory has been rising more than single families as sales have been decreasing since 2023. Source Inventory rises when more sellers are listing than buyers are buying.

Bracketing 60

Bracketing HOA Sellers Buyers 60

Housing Wire

MAY 26, 2022

It’s an excellent time to discuss housing inventory. How can housing inventory be so low today when it skyrocketed back in 2009? As you can see below, the inventory keeps falling from 2014 levels, and even with the weakness in demand this year, we are nowhere close to 2013 levels, let alone 2018 levels. What is going on here?

Inventory 504

Inventory Housing Market Construction Marketing 504

Lamacchia Realty

OCTOBER 25, 2023

PRICE ADJUSTMENTS AND THE 2023 MARKET In March 2022, it was clear that the market was changing from a frenzied post-pandemic scene to one where it was assumed that rising mortgage rates would slow it down and help inventory finally rise back up. Inventory didn’t increase at the rate most assumed it would. It means they’re down.

Bracketing 64

Bracketing Marketing Sellers Buyers 64

Lamacchia Realty

DECEMBER 26, 2023

ANTHONY LAMACCHIA'S 2024 REAL ESTATE MARKET PREDICTIONS Anthony is obsessed with tracking the data and in this article written at the end of 2023 he explains how the market is shaping up based on trends and what Buyers and Sellers can expect in 2024. Second, sellers can only hold off for so long. It’s simply fascinating to see.

Sellers 74

Sellers Real Estate Buyers Inventory 74

Birmingham Appraisal

JANUARY 11, 2023

From record-high sale prices to record-low inventory, the market has shown us that just when we think we know what will happen it will show us something different. It’s important for sellers to recognize this or the home they are selling may be overpriced and it will take longer to sell. A Look At The Housing Market in 2022.

Housing Market 80

Housing Market Marketing Inventory Sellers 80

Will Springer Realtor

DECEMBER 8, 2021

housing starts, when builders break ground and lay a foundation, are forecast to finish this year at 1.04M single-family homes, the first time since 2007 the figure will exceed a million. Who said this is a sellers’ market? This month’s headline: Inventory is at drought levels while median prices were little changed month to month.

Sellers 36

Sellers Marketing Supply Chain Construction 36

Lamacchia Realty

JUNE 21, 2022

In early March it was becoming clear that the market was changing from a frenzied post-pandemic scene to one where rising mortgage rates would slow it down and help inventory finally rise back up. For the past few years, with inventory at historically low levels , sellers were coming pretty close to naming their price and buyers were paying.

Housing Market 65

Housing Market Bracketing Marketing Sellers 65

Will Springer Realtor

MAY 9, 2023

Falling new inventory is constraining transaction volumes while also supporting higher home prices. Where are all the sellers? A full 82% of sellers and buyers felt “locked in” by their current (low) mortgage rates, according to a survey released by realtor.com. The inventory may not be there, but the demand sure is.

New Listings 59

New Listings Inventory Buyers Sellers 59

Housing Wire

JUNE 7, 2022

So few single-family homes are for sale in America that just two months of inventory is available across the top 100 metro areas in the country, a historic low. In Dallas, listings under $2 million have less than three months of inventory. Historically, it took these thin markets anywhere from six to 12 months to sell listed inventory.

Inventory 414

Inventory Housing Market Investors Sellers 414

Lamacchia Realty

APRIL 15, 2022

Sellers kept listing, albeit, at a much slower pace, and buyers were buying at the highest rate in over 15 years, absorbing inventory faster than ever. Low rates, even lower inventory, maxed out demand, and anemic supply remained the name of the game for well over a year until this past winter, when it truly plunged to incredible lows.

Marketing 66

Marketing Sellers Buyers Inventory 66

Housing Wire

DECEMBER 29, 2022

Part of the issue is that mortgage rates moved up so fast that many sellers quit this year as well. Key thing to remember: A traditional seller is also usually a buyer. When mortgage rates spiked up as much as they did this year, it wasn’t financially appealing to some sellers to purchase their homes at rates of 6.25%-7.37%.

Housing Market 545

Housing Market Marketing Inventory Sellers 545

Housing Wire

APRIL 23, 2024

In 2007, right around the time he started Altos Research, he was attending a conference where representatives of both companies were speaking. I believe that our obligation is to communicate with the data for everybody in the cycle, from the biggest players down to every single homebuyer and seller,” Simonsen said.

Inventory 420

Inventory Housing Market Sellers Marketing 420

Housing Wire

APRIL 9, 2023

The 10-year yield finally broke below a critical technical level it had difficulty breaking for many months and we had a very small increase in inventory. Active inventory rose by 823 single-family homes and new listing data is trending at all-time lows. In 2007, when sales were down big, total active listings peaked at over 4 million.

Housing Market 539

Housing Market Marketing Mortgage Inventory 539

Listing Spark

JUNE 16, 2023

.” [00:04:36] Austin real estate sales volume and velocity in April 2023 Austin’s housing market in April saw a decline in new listings and sales volume, but the market remains a seller’s market. However, a decrease in new listings is helping to stave off even higher inventory. months of inventory available.

Real Estate 36

Real Estate Marketing Inventory Sellers 36

Lamacchia Realty

AUGUST 3, 2021

Inventory is still very tight despite a slight increase, and as you can see in the chart below from our Massachusetts Updates page , the percentage of homes placed under agreement out of total inventory is still higher than it ever has been but its noticeably lower than it was in the first six months of the year.

Bracketing 68

Bracketing Sellers Buyers Inventory 68

Will Springer Realtor

OCTOBER 10, 2023

The latest number is considered unaffordable by common lending standards, which call for a 28% debt-to-income ratio and it marks the highest level since 2007. between now and November nationwide – as sellers look to negotiate rather than hold onto their homes into the chillier housing season of December-February. There are 2.0

Buyers 64

Buyers Inventory Sellers Housing Market 64

Housing Wire

JULY 26, 2023

We only have 72,000 new homes completed for sale in a country of 335 million people, and active inventory is near all-time lows. During the housing bubble crash years, active listings grew to more than 4 million in 2007 because most of the inventory in the U.S. But the new home sales report begs to differ. months to 7.4

Inventory 323

Inventory Construction Sellers Marketing 323

Assurance Financial

NOVEMBER 9, 2021

The key to getting the best possible value for your money is understanding what’s happening in your local real estate market — whether you’re a buyer or a seller. What’s the Difference Between a Buyer’s and Seller’s Market? Buyer’s vs. seller’s markets are a matter of supply and demand.

Marketing 36

Marketing Sellers Buyers Real Estate 36

Housing Wire

MAY 23, 2023

This is different from the 2007 housing market when the builders’ sales were still collapsing and monthly supply spiked with rising cancellation rates. From Census: For Sale Inventory and Months’ Supply: The seasonally adjusted estimate of new houses for sale at the end of April was 433,000. This represents a supply of 7.6

Inventory 516

Inventory Housing Market Construction Marketing 516

Housing Wire

FEBRUARY 16, 2023

However, the glaring difference today versus the recession of 2008, is that in 2007 the builders had to deal with over 4 million active listings as competition for their pricey new homes. However, to my first point, the builders are lucky that total housing inventory is near all-time lows because this means their product holds more value.

Construction 486

Construction Housing Market Inventory Mortgage 486

Housing Wire

JUNE 27, 2023

They’re effective sellers and don’t want to create a backlog of completed units for sale because that would ruin their business model. In 2007, we had more than 4 million total active listings, which was too much supply for the builders to compete effectively. Now on to the report. This represents a supply of 6.7

Construction 490

Construction Inventory Marketing Buyers 490

Housing Wire

DECEMBER 20, 2023

The marketplace data told us we had no stressed sellers in 2023. NAR: Total housing inventory at the end of November was 1.13 Unsold inventory sits at a 3.5-month 2022. Unsold inventory sits at a 3.5-month million units, down 1.7% from October but up 0.9% from one year ago (1.12 months in Oct. but up from 3.3

Housing Market 439

Housing Market Marketing Inventory Realtors 439

Housing Wire

JANUARY 27, 2023

This makes them much more efficient sellers than existing homeowners, who need to find another house once they sell. The builders actually lucked out here because back in 2007, we had over 4 million active listings of existing home, which are usually cheaper than comparable new homes. months of supply. This represents a supply of 9.0

Mortgage 539

Mortgage Construction Buyers Inventory 539

Housing Wire

JULY 19, 2023

The builders are making money, not building homes to address the housing inventory shortage. From NAR data: 2007 total active listings: 4 million 2023 total active listings: 1.08 So the builders went to work making deals — they’re very efficient sellers. Even today, we are near multi-decade lows.

Housing Market 249

Housing Market Inventory Sellers Marketing 249