Housing Wire

MARCH 22, 2024

Unlike many other metropolitan areas across the country , the housing market in Southwest Florida is comparably flush with for-sale inventory. “I We are seeing a healthy increase in inventory, which we really needed.” Smith attributes the uptick in inventory to a bump in new listings.

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Housing Wire

APRIL 20, 2022

The National Association of Realtors reported that existing home sales for March came in as a miss of estimate at 5.77 However, the real story of 2022 is that the savagely unhealthy housing market continues as inventory is still lower than last year, sending home prices growth into double digits again. million and 6.16

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Housing Wire

JANUARY 12, 2022

Early in 2021, when I was talking about how people should worry about home prices overheating, I had a glimmer of hope that maybe toward the end of 2021 we would be spared another seasonal collapse of inventory. Inventory always falls in the fall and winter, but I hoped it wouldn’t be a repeat of 2020.

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Inventory Mortgage Housing Market Marketing 535

Housing Wire

SEPTEMBER 19, 2023

Meanwhile, the available inventory of unsold homes is growing. This week, inventory grew faster than it did last year at this time. This is alarming because this was the moment last year when the market turned south. Last year, inventory climbed dramatically for months. This is a trend worth watching. What’s happening?

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Housing Wire

MAY 5, 2022

This article is part of our housing market update series. At the end of this series, you can join us on May 10 for a Housing Market Update webinar. Demographics still point towards a market with strong demand – the largest cohort of millennials, the largest generation in U.S. The post Has the housing market peaked?

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Housing Wire

JUNE 16, 2022

neighborhood, housing market, Fall, homes, new house sales, forbearance. The Federal Reserve ’s 75 basis point interest rate hike – its largest since 1994 – proves the central bank is laser-focused on slowing inflation, but loan officers and housing economists don’t expect mortgage rates to come down until consumer prices fall.

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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.

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Housing Wire

NOVEMBER 11, 2022

While elevated mortgage rates, sluggish home sales and high inflation have taken a significant toll on the housing industry, it’s unlikely that these issues will cause home prices to drop next year, at least according to National Association of Realtors (NAR) Chief Economist Lawrence Yun.

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Inventory Housing Market Realtors Mortgage 488

Housing Wire

APRIL 14, 2023

This article is part of our 2023 Housing Market Forecast series. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the top predictions for this year, along with a roundtable discussion on how these insights apply to your business. Today, the average is 2.7

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Realtors Buyers Inventory Sellers 406

Housing Wire

JULY 20, 2022

The savagely unhealthy housing market is continuing as we get closer to August. But, there is one bright spot — inventory is rising. This has been a concern of mine after the summer of 2020 as inventory levels were breaking all-time lows, facilitating unhealthy home price growth during a more prominent demographic patch in U.S.

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Inventory Housing Market Marketing Realtors 505

Housing Wire

AUGUST 22, 2023

The housing market continues to cool amid high mortgage rates , low inventory and rising property insurance rates. The National Association of Realtors (NAR) suggested a 2.2% Elevated mortgage rates and low inventory As of August 17, mortgage rates surpassed 7% as U.S. million, according to its latest report.

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Buyers Inventory Realtors Housing Market 289

Housing Wire

SEPTEMBER 8, 2022

People’s first reaction was to wonder if this was 2008 all over again. Well, it isn’t 2008, but this type of loan does have risk — and it’s the risk that is traditional among all late economic cycle lending in America when the loan requires low or no downpayment. This is what we do in America.

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Inventory Law Housing Market Design 542

Housing Wire

JUNE 27, 2022

Through numerous interviews with industry players, HousingWire assessed the rapidly changing housing market to determine who remains vulnerable to the higher-rate environment, and who’s primed to capitalize in the months ahead. The median existing housing price surged 14.8% The culling.

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Housing Market Marketing Brokerage Real Estate 400

Empire Appraisal Group

JANUARY 26, 2023

5 Reasons This Isn’t a Repeat of the 2008 Housing Crash NAR Chief Economist Lawrence Yun draws the distinctions between today’s real estate market and that of more than a decade ago. Yun also noted the subprime loans that were prevalent during the 2008 housing bust are basically nonexistent today. Today, it’s 4.6

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Empire Appraisal Group

MARCH 9, 2023

5 Reasons This Isn’t a Repeat of the 2008 Housing Crash Source: 5 Reasons This Isn’t a Repeat of the 2008 Housing Crash (nar.realtor) By: Melissa Dittmann Tracey NAR Chief Economist Lawrence Yun draws the distinctions between today’s real estate market and that of more than a decade ago. million units annually.

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Housing Wire

JANUARY 20, 2022

The National Association of Realtors reported that existing home sales for December came in as a miss of estimates at 6.18 As I have stressed for many years, years 2020-2024 would differ from what we saw from 2008-2019 due to demographics. This is something that couldn’t have happened from 2008 to 2019. million to 6.2

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Housing Wire

JANUARY 19, 2024

It happened in 2008 and then didn’t happen again until 2023. Remember, with median sales prices and inventory, it’s very seasonal. However, remember, the dive in inventory is normal at this time of the year. Whenever the days on the market fall to a teenager level, nothing good happens in housing.

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Housing Wire

OCTOBER 12, 2022

The forecast for the housing market in 2023 gets worse by the month, with the latest report predicting a million-plus decline in existing home sales. The slowing effect on the housing market of the higher mortgage rate environment has been largely predictable, and home prices appear to have already begun trending downward.”.

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Housing Wire

DECEMBER 13, 2022

The National Association of Realtors predicts there will be 4.78 Although the housing market slowdown and drop in prices has meant that more and more borrowers are underwater on their mortgage , Yun anticipates that foreclosure rates will remain at historically low levels in 2023, remaining less than 1% of all mortgages next year.

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Housing Wire

JULY 22, 2021

The National Association of Realtors reported existing home sales for the month of June were under their estimates slightly. As I anticipated, Americans are buying more homes with mortgages in the years 2020-2021 than any single year from 2008-2019. The seasonally adjusted annual rate of 5.86

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Housing Wire

FEBRUARY 18, 2022

The National Association of Realtors reported that existing home sales for January came in as a big beat at 6.5 This couldn’t have happened from the years 2008-2019 as the population was both too young and too old to get total net demand of over 6.2 Also, we are starting the year with fresh new all-time lows in inventory.

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Housing Wire

DECEMBER 22, 2021

The National Association of Realtors reported that existing home sales for November came in hot at 6.46 million , that would mean it’s a good year for housing demand. million , that would mean it’s a good year for housing demand. From NAR : In November, the median existing-home price for all housing types was $353,900, up 13.9%

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Housing Wire

NOVEMBER 22, 2021

The National Association of Realtors ‘ existing home sales report for October came in at a solid beat of estimates at 6.34 million, that would mean it’s a good year for housing demand. Not bad considering the low inventory and all that unhealthy home price growth we have seen since the start of 2020. million and 6.2

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Housing Wire

OCTOBER 20, 2022

Higher mortgage rates continued to impact home sales over the last month, with existing home sales declining in September for the eighth consecutive month, according to a report from the National Association of Realtors (NAR). . Housing inventory also decreased last month, but just slightly, dropping from 1.25

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Housing Wire

NOVEMBER 21, 2023

We had this happen in 2008, and it is happening now. It’s not difficult to understand housing: higher mortgage rates create less demand, and lower mortgage rates create better demand. I prefer to have days on market of at lest 30 days all year round, but clearly, I am not getting what I want this year on inventory.

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Housing Wire

DECEMBER 3, 2021

Reina Ramos: I don’t have a favorite article but rather enjoy and appreciate the coverage HW provides on all subject matters that are affecting the mortgage industry as well as Realtors. HousingWire: What do you think will be t he big themes for the housing market in 2022? HousingWire : What keeps you up at night and why?

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McKissock

AUGUST 14, 2022

The housing market has cooled since the intensity of the post-pandemic real estate rush, but the seller’s market we experienced has left us with plenty of discussion about what the nation’s housing inventory looks like. Housing Inventory So Low? million unit housing deficit at the moment.

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Housing Wire

OCTOBER 21, 2021

The National Association of Realtors ‘ existing home sales report for September came in at an excellent beat of estimates at 6.29 Now that we are just 10 days away from Halloween in 2021, we can all chuckle a bit at how wrong the housing bears of 2020-2021 have been. This looks perfectly normal to me.

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Realtors Buyers Mortgage Inventory 523

Housing Wire

DECEMBER 13, 2021

single-family housing market. housing supply is dwindling once again as homes continue to fly off the market at record prices,” said Jeremy Sicklick, CEO of real estate data analytics firm HouseCanary. A $60 billion housing grab by Wall Street,” trumpets an October New York Times magazine story. “A

Investors 387

Investors Real Estate Landlords Inventory 387

Will Springer Realtor

JANUARY 10, 2023

Each month, this blog will publish a fresh assessment of the King County area housing market. Will Springer, Realtor®. A patch of foul weather and persistent economic challenges chilled an already cold housing market. The Northwest MLS monthly housing report described it best: “December ends with a ‘whimper’.”.

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Listing Spark

OCTOBER 13, 2022

Is that the case for all major Texas housing markets? What should they expect in this housing market? We’ll dive into the state of the Texas real estate market with Real Estate Real Fast host Aaron Jistel. 00:02:50] Peaking into the Fall 2022 Austin housing market. And housing prices are still up! “In

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Housing Market Real Estate Marketing Buyers 36

Houston Properties

JANUARY 13, 2021

Houston Housing Market Forecast: Current Data & 2021 Predictions. Concerned about a housing market crash? SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. Get a free home valuation for your house and trends in your neighborhood.

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Housing Market Marketing Real Estate Realtors 68

Housing Wire

MAY 24, 2022

Servicers of the ARM loan start calling them in 2008 for a locked rate or fixed, lower rate. This saves them $150 more a month, and it is stable in this wild upside-down market. The builders will have more inventory. The new relationships with Realtors and lenders will be beneficial to all parties.

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Empire Appraisal Group

JUNE 2, 2022

Source: Is FOMO Fueling the Real Estate Market? Florida Realtors. Housing markets continue to run hot, despite rising interest rates and home prices. Rising interest rates and higher home prices would normally cool a hot housing market, yet the national and local real estate scenes continue to run red hot.

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Empire Appraisal Group

OCTOBER 28, 2021

Today’s market isn’t like the boom-bust cycle leading up to the Great Recession: Tough loan standards are the norm, plus many factors have kept housing supply low. Exuberant buying – with multiple offers and bidding wars – has become common across the country, reminiscent of the fevered market before the 2008 housing crash.

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Inventory Housing Market Construction Real Estate 78

Empire Appraisal Group

JANUARY 4, 2023

Florida Realtors. housing market is in an uneasy state of equilibrium. The start of the year, of course, is when homeowners and real estate agents start to bring new inventory to market. Clearly, the amount of supply on the market is still extraordinarily low relative to demand. NEW YORK – The U.S.

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Cornerstone

FEBRUARY 15, 2022

The housing crash of 2008 resulted in more than nine million households losing their homes to a short sale, foreclosure, or bank surrender. This stopped more than 400,000 foreclosures (the typical amount) from entering the market. Today’s market can handle a million (or more) new listings. Bottom line?

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