Housing Wire

APRIL 18, 2024

This is a byproduct of the qualified mortgage rule of 2010, which has been a game-changer not only for the housing market but for the overall U.S. NAR: Total housing inventory registered at the end of March was 1.11 million active listings per the last report, we have 526,000 per our last Housing Market Tracker article.

Inventory 481

Inventory Housing Market New Listings Buyers 481

Housing Wire

DECEMBER 21, 2022

.” One of the housing economic realities that I have been trying to stress this year is that a traditional seller of a home is typically a buyer as well. Since the credit standards have improved post-2010, we shouldn’t see distressed sellers until a job loss recession happens, even if sales fall noticeably.

Inventory 519

Inventory New Listings Housing Market Sellers 519

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

Realtors 419

Realtors Buyers Inventory Sellers 419

Housing Wire

NOVEMBER 4, 2022

million in 2010. The NAR report also found that as a group, the share of first-time homebuyers dropped to a record low of 26% from 34% last year, and off the peak of 50% in 2010. Those who have housing equity hold the cards and they’ve fared very well in the current real estate market. million in 2021, up from 50.5

Buyers 364

Buyers Sellers Real Estate Agent Real Estate 364

Housing Wire

NOVEMBER 21, 2023

Elevated mortgage rates and high home prices pushed sales of existing homes down again in October to the lowest monthly pace since August 2010. The median existing- home price for all housing types in October was $391,800, down from $394,300 in September but up 3.4% Existing-home sales dropped 4.1% from October 2022’s $378,800.

Inventory 394

Inventory Realtors New Listings Contracts 394

Housing Wire

MAY 10, 2022

This article is part of our housing market economic update series. At the end of this series, you can join us on May 10 for a Housing Market Update webinar. The homeownership rate for Black Americans has actually declined between 2010 and 2020 and stands at 43.4%, while the homeownership rate for white Americans is 72.1%.

Housing Market 422

Housing Market Realtors Buyers Inventory 422

Housing Wire

OCTOBER 16, 2023

In August, Zillow ‘s 2023 Consumer Housing Trends Report proclaimed that half of all homebuyers are purchasing their first home, the highest share that Zillow has ever recorded. One of the primary reasons for this surge is the strong presence of millennials in the housing market, particularly those at the peak, around ages 33 and 34.

Agents 397

Agents Buyers Sellers Inventory 397

Housing Wire

DECEMBER 29, 2022

As we close out 2022, it’s time to reflect on a historic year for the housing market, which was even crazier than the COVID-19 year of 2020. A few months ago, I was asked to go on CNBC and talk about why I call this a housing recession and why this year reminds me a lot of 2018, but much worse on the four items above.

Housing Market 545

Housing Market Marketing Inventory Sellers 545

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. national home price decline.

Housing Market 540

Housing Market Marketing Inventory New Listings 540

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. One of the issues with existing home inventory has been that, for the most part, a traditional seller is usually a buyer of a home. New listings are declining now.

Inventory 382

Inventory New Listings Law Housing Market 382

Housing Wire

FEBRUARY 9, 2022

So, I agree with the consumer survey and keep saying this is the unhealthiest housing market post-2010. We always talk about the stress of home buying, but we should also include sellers in that discussion. I know some people can get an extended lease and live in the house after the sale.

Inventory 370

Inventory Buyers Sellers Investors 370

Housing Wire

FEBRUARY 9, 2022

So, I agree with the consumer survey and keep saying this is the unhealthiest housing market post-2010. We always talk about the stress of home buying, but we should also include sellers in that discussion. I know some people can get an extended lease and live in the house after the sale.

Inventory 370

Inventory Buyers Sellers Investors 370

Housing Wire

AUGUST 22, 2023

“Home sellers are buyers” — this is a phrase that I have been using in my economic work to explain the reality of the housing market recently. So, when home prices and mortgage rates rise so quickly, some sellers won’t list , which means they’re not buying either. When rates fall, demand picks up again.

Sellers 365

Sellers Marketing Inventory Housing Market 365

Hank Miller Team

MARCH 21, 2022

It’s hard to find a housing market not presently on fire, Atlanta is no different. Compared to a decade ago and the worst housing crisis ever, this market turn around improvement is among the tops in the country. Of course the wheels came off in March 2020 and sellers have held the controls since.

Real Estate 98

Real Estate Marketing Sellers Inventory 98

Empire Appraisal Group

FEBRUARY 25, 2021

In 2010, owners stayed for 8.7 Pandemic worries, fear of a competitive market and ultra-low loan rates convinced many to hunker down. NEW YORK – Housing market inventory remains tight as homeowners hold onto their homes longer. years in 2019 – but well ahead of 2010’s reading of 8.7 years; in 2020, it was 13 years.

Realtors 60

Realtors Inventory Real Estate Sellers 60

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. KEY RESOURCES: Study Of How Previous Pandemics Affected The Real Estate Market.

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Housing Wire

OCTOBER 20, 2022

Despite this drop, investment returns for home sellers is still up from 48.8% This has resulted in a growing supply of homes for sale, and in turn pushed home prices down (though not in every market). Metro results for home sellers. The post Where home seller profit margins are shrinking appeared first on HousingWire.

Sellers 387

Sellers Investing Housing Market Real Estate 387

Housing Wire

JANUARY 10, 2022

2021 was an extraordinary year for the housing market: mortgage rates at an all-time low, record high annual growth in single-family prices and rents, lowest foreclosure rates in a generation and the largest number of home sales in 15 years. In addition, more for-sale inventory will likely be available on the market.

Housing Market 545

Housing Market Marketing Construction Inventory 545

Housing Wire

MARCH 23, 2022

We finally got mortgage rates to rise, and for people like me who have been concerned about how unhealthy the housing market was last year — and it got a lot worse this year — it’s a blessing that was much needed. As you can see below, the new home sales market from 2018-2022 doesn’t look like the housing market we had from 2002-2005.

Mortgage 463

Mortgage Inventory Housing Market Construction 463

Housing Wire

APRIL 11, 2022

Yes, but this is where my work is much different from other housing economists and why we need to think of inventory in a new, modern 21st-century mindset. Then we had an 82% crash in new home sales, and the weakest new home sales recovery ever after 2010. million homes, which would mean the madness in the housing market would be over.

Inventory 497

Inventory Housing Market Marketing Modernization 497

Housing Wire

MARCH 29, 2022

Yes, but this is where my work is much different from other housing economists and why we need to think of inventory in a new, modern 21st-century mindset. Then we had an 82% crash in new home sales, and the weakest new home sales recovery ever after 2010. million homes, which would mean the madness in the housing market would be over.

Inventory 404

Inventory Housing Market Marketing Modernization 404

Housing Wire

DECEMBER 20, 2021

To help the most vulnerable population, Tara Roche, research manager for the Pew Charitable Trust , said that HAF will be available to those who are using alternative financing, such as land contracts (agreements directly between sellers and buyers) and loans secured by manufactured homes. The program prevented $8.3

Mortgage 345

Mortgage Government Contracts Insurance 345

Housing Wire

APRIL 20, 2023

The NAR data looks a bit backward, so if you want more fresh weekly data, I write the Housing Market Tracker every week on Sunday night to give you that information. That growth isn’t cooling as much as I would like, tied to my years 2020-2024 price-growth model for a stable housing market. are different post-2010.

Inventory 524

Inventory Housing Market Marketing New Listings 524

Housing Wire

MAY 26, 2022

It’s an excellent time to discuss housing inventory. The housing market shifted in March of this year. As the 10-year yield broke above 1.94% and mortgage rates rose, we saw the impact on housing data. Yes, crazy to think, but this is a survey trend data line, and the housing market was in free-fall at that time.

Inventory 509

Inventory Housing Market Construction Marketing 509

Housing Wire

AUGUST 24, 2023

What does it mean for the housing market ? However, persistently high mortgage rates pose a significant affordability challenge to buyers and sellers (not to mention the workers of a trillion dollar-plus industry). A strong economy still supports rising wages, allowing many households to mitigate the financial pressures.

Mortgage 369

Mortgage Property Taxes Investors Buyers 369

Housing Wire

MARCH 9, 2022

From 2010 to 2020, middle-income households gained $2.1 trillion in housing wealth, according to a new study by the National Association of Realtors , released on Wednesday. “These escalating home values were no doubt beneficial to homeowners and home sellers,” Yun said in a statement. in 2010. .”

Home Value 433

Home Value Realtors Marketing Inventory 433

Cornerstone

OCTOBER 26, 2021

Based on CoreLogic data, this graph shows the rate at which appraisal gaps have been increasing: How might this impact you as a buyer or a seller? Understanding what an appraisal gap means for you is essential in today’s market. Even in a competitive market, where demand may drive up a home’s price, it’s still a smart move to purchase.

Sellers 57

Sellers Buyers Appraisal Loan Officers 57

Will Springer Realtor

AUGUST 15, 2023

Sellers, too, are waiting for the easing of rates before looking for their next home, as estimates show 60% of today’s homeowners possess a mortgage with an interest rate of 4% or less. The single-family housing market is sluggish, as many prospective buyers and sellers have chosen to focus on enjoying the many weeks of beautiful weather.

Sellers 60

Sellers Buyers New Listings Inventory 60

Will Springer Realtor

DECEMBER 12, 2023

The Seattle area housing market right now reads like a mystery novel with half the pages missing. Existing home sales fell 18% between October and November for all homes on the market and are off 11% Year-on-Year (YoY). The post Seattle Area Housing Market Remains Not for the Faint of Heart appeared first on Will Springer.

Housing Market 42

Housing Market Marketing New Listings Buyers 42

Housing Wire

AUGUST 1, 2023

This trend is why we’ve called it a soft landing for the housing market. During the GFC, inventory rose in 2007, 2008, 2009 and 2010. That tells us the housing market has more demand by buyers than supply from sellers. Sellers are in much better shape than they were last year.

Inventory 359

Inventory Contracts Buyers Mortgage 359

Assurance Financial

NOVEMBER 9, 2021

The real estate market has fluctuated significantly over the past few decades, with a median sales price difference of $195,900 in the last 20 years alone. With these constant housing market shifts, it can be challenging to determine the best time to buy or sell a house. Marketing Strategies. Power Dynamic.

Marketing 36

Marketing Sellers Buyers Real Estate 36

Lamacchia Realty

OCTOBER 11, 2023

As an agent, Julia’s goals are to truly guide home buyers and sellers throughout the entire home buying/selling process. Buyers, sellers, investors, and builders are her business and she values every single client and loves getting people where they want to be. Cyndi thrives to make her buyers and sellers her top priority.

Realtors 74

Realtors Realty Real Estate Clients 74

Will Springer Realtor

DECEMBER 19, 2023

Buyers and sellers tiptoed through caution. Prospective buyers and sellers watched this one out from the sidelines, leading to King County sales activity hitting lows not seen since 2010 at the heart of the housing crises. In an economic downturn, the housing market typically experiences slower sales and lower prices.

Real Estate 68

Real Estate Buyers Sellers Inventory 68

Quicken Loans

APRIL 12, 2021

Foreclosure purchases thrived in 2009-2010 when a recession-battered housing market hit its peak foreclosure rate. However, a motivated seller doesn’t always mean the home will sell for dirt cheap. Keep this in mind when buying a home in any stage of the foreclosure process.

Inspection 54

Inspection Property Taxes Mortgage Investors 54

Will Springer Realtor

OCTOBER 10, 2023

We are starting to see all of those signs following the release of September housing data from the Northwest Multiple Listing Service (MLS). Unfortunately for buyers, a combination of the typical seasonal trend and higher borrowing costs has slowed housing market activity to an excruciatingly slow pace – and there are concerning signs ahead.

Buyers 64

Buyers Inventory Sellers Housing Market 64

Will Springer Realtor

DECEMBER 13, 2022

Sellers, meantime, could put nearly any home on the market and expect a reaction of irrational exuberance from financially sound consumers submitting high-priced offers without buyer-favorable contingencies. Yes, the great housing market reset is in full swing. or lower – as low as 2.77%, according to Freddie Mac.

Real Estate 36

Real Estate Buyers Construction Sellers 36

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. I also recently joined Mike Simonsen’s Top of Mind podcast to talk about what’s happened in housing over the past year.

Inventory 463

Inventory Housing Market New Listings Marketing 463