Housing Wire

DECEMBER 7, 2022

Since they were distressed forced sellers, inventory skyrocketed in 2006 and stayed very elevated in 2007 and 2008. One issue that has created a waterfall dive in purchase application data and sales is that new listing data is declining faster than usual. Total inventory levels. NAR: Total Inventory levels 1.22

Housing Market 542

Housing Market Mortgage Marketing Inventory 542

Housing Wire

JANUARY 16, 2023

The weekly data shows some good news for the housing market ! With mortgage rates also falling, I am hopeful that more people will list their homes and buy another, so we can get back to a more functional housing market. This is good news for the housing market. The week ahead.

Inventory 531

Inventory Housing Market Marketing Mortgage 531

Housing Wire

MAY 8, 2024

You can see the drastic change this made in the Mortgage Bankers Association Credit Availability index , below, which skyrocketed in 2005 and 2006 before an epic collapse in 2008. On top of more legitimate buyers, we fixed the credit markets, meaning housing credit looks fantastic. Demographics also play a role here.

Inventory 428

Inventory Law New Listings Sellers 428

Housing Wire

MAY 3, 2024

In Denver in particular, new listings increased 29.12% month-over-month and 22.63% year-over-year. Active listings at month’s end rose 13.14% to 5,511 homes, an astounding 45.87% gain year-over-year. Millennials, a sizable chunk of people in their prime buying years, are entering the housing market in force.

Inventory 319

Inventory Lending Real Estate Housing Market 319

Housing Wire

DECEMBER 21, 2022

We have had two historic events that created a waterfall dive in demand recently; we now have precise data showing new listing data declining with those events, which shows how important that data line is to housing demand. This is the biggest story in housing. . economic history. . As we can see below, the U.S.

Inventory 513

Inventory New Listings Housing Market Sellers 513

Housing Wire

NOVEMBER 18, 2022

On a positive note, however, the days on the market are no longer a teenager anymore: that metric grew from 18 days to 21 days. I cheer because the savagely unhealthy housing market theme I talked about back in February of this year was the same premise of the housing reset talking point the Federal Reserve uses.

Inventory 462

Inventory Marketing Housing Market New Listings 462

Housing Wire

SEPTEMBER 13, 2022

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. However, we have entered a tricky period in housing economics where we might have to take this premise more seriously since mortgage rates recently got as low as 2.5% The parts of the U.S.

Mortgage 515

Mortgage Inventory New Listings Sellers 515

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. From the index : I know it seems strange, but existing home sales are falling, and the monthly supply of new homes is at 10.9 million listings. From Redfin.

Inventory 381

Inventory New Listings Law Housing Market 381

Housing Wire

AUGUST 13, 2023

For those calling for a massive inventory spike since 2008, the last few years have not gone as planned. New listings data has been trending at the lowest levels recorded in history for more than 12 months. Also, we get two key data lines for housing this week: the homebuilders survey by NAHB/Wells Fargo and housing starts !

Mortgage 364

Mortgage Inventory New Listings Retail 364

Housing Wire

JANUARY 5, 2023

The 2022 housing market was savagely unhealthy , with all-time lows in inventory leading to massive bidding wars and price spikes until the Fed put a screeching halt to all of it with rate hikes that resulted in the most significant one-year spike in mortgage rate history. Housing recession. That would be a positive for demand.

Housing Market 535

Housing Market Marketing Inventory New Listings 535

Housing Wire

MAY 14, 2023

The rise of active listings in this spring housing market reminds me of a zombie slowly rising from its grave. Yes, we found the seasonal bottom for housing inventory on April 14, but this year’s rise in active listings has been tepid at best. Can you imagine the housing market at that point?

Housing Market 430

Housing Market Marketing Inventory New Listings 430

Housing Wire

JULY 7, 2022

It was no surprise that affordability hit the top of the list in every interview. Black Knight reported that May was the least affordable housing market in 16 years. For the first time in three years, we have seen an increase in homes on the market and price reductions. To view the complete research, click here.

Inventory 392

Inventory Marketing Mortgage Supply Chain 392

Housing Wire

JANUARY 1, 2024

The 2023 housing market faced one of the same roadblocks we saw in 2022: mortgage rates were too high for home sales growth. Now that we’re in 2024, the Federal Reserve ‘s rate hike cycle is over, so let’s look at what that means for housing demand and home prices. What could make home prices decline?

Housing Market 524

Housing Market Marketing New Listings Construction 524

Housing Wire

JUNE 22, 2023

The days on market are back to a teenager level in the existing home sales market, which means I can officially say we are back to a savagely unhealthy housing market! Nothing good happens in the housing market when the days on market are at a teenager level or lower.

Housing Market 511

Housing Market Marketing Inventory Law 511

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. Episode highlights. Key takeaways.

Housing Market 36

Housing Market Real Estate Marketing Buyers 36

Housing Wire

FEBRUARY 27, 2024

Or purchase just the data and the platform, and do the mailing and marketing yourself. Exclusivity: No Trial period: No Contract requirements: Annual contract required SmartZip is a lead generation, marketing and CRM solution founded in 2008.

Advertising 366

Advertising Tools Real Estate Sellers 366

Housing Wire

SEPTEMBER 19, 2023

It’s not unusual for a little jump in new listings in September. This “higher for longer” conventional wisdom is working its way through the housing market. The fact that home prices are up year over year just helps us see that there is no 2008 apocalypse happening. This is a trend worth watching. What’s happening?

Housing Market 416

Housing Market Marketing Inventory New Listings 416

Housing Wire

FEBRUARY 24, 2024

17-24), Inventory fell from 437,282 to 430,395 The recent inventory bottom was in 2022 at 240,194 The inventory peak for 2023 was 569,898 For context, active listings for this week in 2015 were 958,304 New listings data New listings data is growing year over year and increasing week to week, but I wish we were seeing more significant growth.

Mortgage 456

Mortgage Inventory New Listings Housing Market 456

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?

Loan Officers 59

Loan Officers Housing Market Inventory Mortgage 59

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 Smith attributes the uptick in inventory to a bump in new listings.

Insurance 375

Insurance Inventory Marketing Real Estate 375

Housing Wire

FEBRUARY 24, 2023

months of the supply is active listings, 68K 5 months of the supply is still under construction, 280K 1.6 The majority of inventory comes from the existing home sales market and if you compare it to 2008, back then we didn’t even have 200,000 homes available for sale and currently we are at 68,000.

Inventory 435

Inventory Construction Housing Market Mortgage 435

Housing Wire

FEBRUARY 16, 2023

Looking at the latest NAHB/Wells Fargo homebuilder confidence data and builder stock prices, I can say the homebuilders got very lucky this time around in the middle of a housing recession. There is one simple reason for this: it’s not 2008. While the two charts above are falling noticeably, housing completion data is slowly moving up.

Construction 483

Construction Housing Market Inventory Mortgage 483

Housing Wire

JANUARY 19, 2024

It happened in 2008 and then didn’t happen again until 2023. Something notable about this report: Total active listings as the NAR tracks them almost broke under 1 million again. My entire theme around the savagely unhealthy housing market is based on the premise of too many people chasing too few homes.

Housing Market 418

Housing Market Inventory Contracts Marketing 418

Housing Wire

FEBRUARY 8, 2024

Despite the population decline, Illinois’ housing market remains relatively strong. The state has an Altos Research Market Action Index score of 44, which is above the national score of 39. Altos considers anything above 30 to be indicative of a seller’s market. It’s depressing,” Laricy said of the downtown market.

Inventory 384

Inventory Agents Housing Market Luxury Properties 384

Will Springer Realtor

MAY 9, 2023

The chart (below) puts it in sharp focus: Except for the pandemic year of 2020 when there were 2559 new listings that April, last month was the slowest April since at least 2008 when easy access to Northwest Multiple Listing Service data became available. housing market appears to have hit its nadir.

New Listings 59

New Listings Inventory Buyers Sellers 59

Listing Spark

DECEMBER 23, 2020

Median Sales Price: $270,000 (up 12%) Closed Sales: 9,660 (up 28.1%) Active Listings: 29,948 (down 27% from this time last year) 2.2 In my 50 years in the real estate business, I have never seen a market defy supply and seasonality the way Houston has – amid a pandemic, no less,” said HAR Chairman John Nugent with RE/MAX Space Center.

Real Estate 36

Real Estate Marketing Inventory Modernization 36

Will Springer Realtor

JANUARY 10, 2023

This marks the introduction of a new feature. Each month, this blog will publish a fresh assessment of the King County area housing market. A patch of foul weather and persistent economic challenges chilled an already cold housing market. I hope you enjoy reading this monthly report.

Housing Market 36

Housing Market Marketing Inventory Real Estate 36

Housing Wire

AUGUST 1, 2023

The median price of the new listings this week is $399,900. As the summer progresses, each subsequent week of new listings gets priced at a slight discount to the previous weeks. This trend is why we’ve called it a soft landing for the housing market. Home prices declined subsequently.

Inventory 351

Inventory Contracts Buyers Mortgage 351

Boston Appraisal

JULY 22, 2019

The housing market across the country, and especially in Boston and New England, is experiencing a growth trend that’s accelerated over the last few years. With this apprehension in mind, we’ll discuss some of the things to expect from the housing market in the second half of 2019, going into 2020.

Marketing 78

Marketing Housing Market Real Estate Buyers 78

Boston Appraisal

JULY 22, 2019

The housing market across the country, and especially in Boston and New England, is experiencing a growth trend that’s accelerated over the last few years. With this apprehension in mind, we’ll discuss some of the things to expect from the housing market in the second half of 2019, going into 2020.

Marketing 78

Marketing Housing Market Real Estate Buyers 78

Empire Appraisal Group

JANUARY 4, 2023

NEW YORK – The U.S. housing market is in an uneasy state of equilibrium. But every year, the inventory-to-sales ratio spikes in January and February as transactions crater and the first new listings start to come online in anticipation of the spring open house season, which can set bad things in motion in times of stress.

Inventory 78

Inventory Open Houses Sellers Real Estate 78

Housing Wire

MAY 30, 2023

On Tuesday the FHFA House Price Index hit an all-time high. In this article I’ll explain why this is happening and why we still have a savagely unhealthy housing market. The quick takeaway here is that total active listings in the U.S. This is also why we created the weekly Housing Market Tracker article.

Inventory 455

Inventory Housing Market New Listings Marketing 455

Will Springer Realtor

JANUARY 11, 2023

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’”. The number of Pendings (1206) has fallen for five consecutive months and is the lowest of any month since December 2008 (1167).

Housing Market 36

Housing Market Contracts Architecture Buyers 36

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. were flipped last year, down 29% from 2022 and the largest annual drop since 2008. But for how long?

HOA 36

HOA Transportation Construction Buyers 36

Will Springer Realtor

SEPTEMBER 12, 2023

There is a feeling of Halloween in the real estate world because this housing market is a bit scary these days. The market is spooking many potential buyers and sellers thanks to stubbornly high mortgage interest rates. fewer new listings, the rate of sales rose 1.7% While there were 5.8% There are 7.4%

Finance 68

Finance Inventory Construction Buyers 68

Listing Spark

FEBRUARY 7, 2024

Forced life events like death, divorce, job loss or transfer were the driving factors bringing resale homes to market. This is probably one of the factors that kept our housing market from spiraling completely off the rails. We didn’t see a wave of panic selling like we did in 2008.

Real Estate 36

Real Estate Sellers Home Value Inventory 36

Lamacchia Realty

JULY 22, 2022

Homes Listed for Sale. There were 49,839 new active listings in the first half of 2022 compared to 53,823 last year , a 7.4% If one needs to move, they need to move and thus the rate hike will start to seem normal, and the market will still live on. People will list if they need to make a move. Price Reductions.

Sellers 73

Sellers Buyers Inventory Contracts 73