Housing Wire

FEBRUARY 9, 2022

Another interesting fact about 2021 was that certain people put a lot of weight on housing being held up by investors or iBuyers, reflecting that buying conditions had deteriorated so much in the survey in 2021. history: move-up buyers, move-down buyers with a lot of cash, investors and all-cash buyers. So what is the issue here?

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Inventory Buyers Sellers Investors 370

Housing Wire

MAY 18, 2023

If we had a massive credit boom-to-bust, inventory would have skyrocketed in 2022. NAR Total Inventory Data going back to 1982. As you can see in the chart above, days on the market falling isn’t a good thing, but it’s the reality of the world we live in after 2010. million, up from 1.03 million last year.

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Housing Market Marketing Inventory Mortgage 535

Housing Wire

JUNE 8, 2022

2012: What they said: Shadow inventory will cause prices to fall. The reality: Inventory broke down in 2012, and the monthly supply data got below 6.0 The “shadow inventory” was not an issue as it took years to get rid of the distressed supply from the housing bubble years. million.

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Inventory Housing Market Marketing Mortgage 545

Housing Wire

SEPTEMBER 8, 2022

This can lead to home prices getting out of control , especially when total inventory gets to all-time lows. The National Association of Realtors’ total Inventory data shows that historically we have between 2 to 2.5 million homes for sale, but in 2022 we got as low as 870,000 in total inventory.

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Inventory Law Housing Market Design 543

Housing Wire

APRIL 28, 2022

In response, the company told investors that the amount of operating income it predicts to make in 2022 has been pared down from $800-$850 million to $750-$800 million, “predominantly due to the rising mortgage rate environment and its impact on financial results at the company’s mortgage origination joint venture.”.

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Mortgage Brokerage Agents Real Estate Agent 353

Housing Wire

MAY 19, 2022

This is something that I said would change the tone of housing, and we are seeing that result this year as sales decline and inventory picks up. We were told that population growth is slowing, we were told that Americans would panic sell and that massive inventory would hit the marketplace once rates got to 4%. Wait, what? I use the 1.52-1.93

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Housing Market Marketing Inventory Realtors 520

Housing Wire

APRIL 20, 2022

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. However, post-2010, we have had times when housing demand has gotten softer with higher mortgage rates. 2014 was the last year total inventory grew.

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Housing Market Marketing Inventory Mortgage 482

Housing Wire

OCTOBER 1, 2022

As reported in the latest NAR Existing-Home Sales , inventory still remains in tight supply, which means homes are still moving at a fast past despite the recent rise in rates and home prices. Investors may have been attracted to the market as they saw rents increase for tenants.

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Realtors Housing Market Marketing Buyers 388

Hank Miller Team

MARCH 21, 2022

The 2022 market could not be more different than the 2010-12 market.over 100K homes were on the market during the darkest days. Rising rates, rising rents, diminishing inventory and corporate investors are in the mix. We know what covid did but Atlanta has always been an investor playground and Wall Street is on a buying spree.

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Real Estate Marketing Sellers Inventory 98

Housing Wire

APRIL 20, 2023

months’ worth of housing inventory in the U.S. NAR: First-time buyers were responsible for 28% of sales in March; Individual investors purchased 17% of homes; All-cash sales accounted for 27% of transactions; Distressed sales represented 1% of sales; Properties typically remained on the market for 29 days. We only have 2.6

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Inventory Housing Market Marketing New Listings 524

Housing Wire

JUNE 15, 2022

In a tight housing market with a shortage of inventory and soaring rates, many homebuyers are opting for ARMs, which carry lower rates for an initial period of fixed interest and amortize over a 30-year term. . It’s not a bad thing for borrowers, lenders, and loan investors.

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Mortgage Bracketing Loan Officers Investors 363

Housing Wire

MAY 26, 2022

It’s an excellent time to discuss housing inventory. That’s not the case now because we have’t had a credit boom post-2010 as we did from 2002 to 2005. How can housing inventory be so low today when it skyrocketed back in 2009? I don’t believe housing inventory below 1.52 What is going on here? housing market.

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Inventory Housing Market Construction Marketing 509

Miller Samuel

FEBRUARY 12, 2019

Overall inventory is up by about 17%, with a significant amount of supply coming from the studio and 1-bedroom market. Studio inventory is up 21% percent. Miller said that real estate investors should stop trying to perfectly time the market (both with rate and supply vs. demand). Real estate) is more of a long-term asset.”. “I

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Housing Wire

MARCH 21, 2023

We simply don’t have enough products for homebuyers, creating forced bidding in a low-inventory environment. Look at the Inventory data below. From NAR: Total housing inventory registered at the end of February was 980,000 units, identical to January & up 15.3% Unsold inventory sits at a 2.6-month

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Mortgage Housing Market Inventory Law 489

Housing Wire

FEBRUARY 18, 2022

When you add move-up, move-down, cash and investor buyers into the mix, you will have steady replacement buyer demand from 2020-to 2024. Compare that to the 2010 demographic chart below, when that blue bump was still too young to kick in. Also, we are starting the year with fresh new all-time lows in inventory.

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Inventory Housing Market Buyers Investors 472

Boston Appraisal

JULY 6, 2020

This was the lowest level since July, 2010 and is part of a three-month decline in sales. COVID-19 Impact on Investors There has been less of an impact on the commercial real estate sector due to COVID-19. What does this mean for investors? Compared with May of 2019, existing home sales were down 26.6%.

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Real Estate Marketing Supply Chain Investors 78

Boston Appraisal

JULY 6, 2020

This was the lowest level since July, 2010 and is part of a three-month decline in sales. COVID-19 Impact on Investors. While we are not seeing an impact on prices, rental rates, or investor returns at this point, there are areas that an investor may want to keep on the lookout. What does this mean for investors?

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Real Estate Marketing Supply Chain Investors 78

Housing Wire

APRIL 8, 2022

Home prices are skyrocketing, housing inventory is at all-time lows and homebuyers have to contend with multiple bids. Inventory velocity. April 10, 2020: We needed a lot of inventory, fast. The velocity of inventory rising in the next three months is limited. April 2022: Inventory has not recovered. Can this last?

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Housing Market Marketing Inventory Lending 393

Housing Wire

MARCH 23, 2022

Second, because of the downtrend in inventory since 2014 and the demand pick-up we will see in the years 2020-2024, we had a risk of home prices accelerating too much. Compared to the existing home sales marketplace, it doesn’t have a high cash buyer or investor buyer profile. First, total home sales should be 6.2

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Mortgage Inventory Housing Market Construction 463

Housing Wire

AUGUST 22, 2023

Two factors are driving current sales activity – inventory availability and mortgage rates,” said NAR Chief Economist Lawrence Yun. As we can see in the chart below, since 2010, whenever rates rise, demand falls. NAREHS “Total housing inventory registered at the end of July was 1.11 Unsold inventory sits at a 3.3-month

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Sellers Marketing Inventory Housing Market 365

Will Springer Realtor

SEPTEMBER 12, 2023

The number of homes going under contract – known in the industry as Pending sales – fell to 2340, an August figure not seen in King since 2010 when there were only 1580 in the heart of the housing crisis. Inventory was little changed from July to August. months’ inventory, down from 1.5 Condo inventory stayed at 1.8

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Finance Inventory Construction Buyers 68

Housing Wire

JUNE 22, 2023

I first used the term savagely unhealthy in March of 2022 because we had solid demand while inventory was at all-time lows. Credit channels and inventory channels both changed after 2010 because of the qualified mortgage laws and the 2005 bankruptcy reform laws. Unsold inventory sits at a 3.0-month million units, up 3.8%

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Housing Market Marketing Inventory Law 515

Will Springer Realtor

DECEMBER 12, 2023

King County’s 1474 monthly home sales is the lowest for any November since 2010 (1331) – in the middle of the housing crisis. Months of inventory for single-family homes was flat at 1.7 (or Inventory was at 1.9 Most eye-popping, inventory for condos surged to “buyer market” levels in November. units, a 13-year low.

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Will Springer Realtor

AUGUST 15, 2023

Mortgage rates are high, home prices are high, there’s no inventory.” is on track to sell only 4.16M homes this year, the fewest since the Great Recession and the June inventory figure is believed to be the lowest for the month on record. The result: generally rising prices amid limited inventory. In addition to King County’s 3.0%

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Sellers Buyers New Listings Inventory 60

Housing Wire

MARCH 10, 2022

On top of all that, since inventory is at all-time lows, it’s been harder and harder for first-time homebuyers to win some bids because they don’t have more money to bring into the bidding process. However, let’s be realistic here: housing inventory has been falling since 2014 and 2022 isn’t looking any better.

Inventory 543

Inventory Mortgage Property Taxes Insurance 543

Housing Wire

AUGUST 24, 2023

Investors are concerned that the central bank will continue raising the funds rate, pushing borrowing costs even higher. We could see monthly sales fall to 2010 or 2011 levels when the market was recovering from the free fall after the housing bubble.” What to expect with the Fed ?

Mortgage 369

Mortgage Property Taxes Investors Buyers 369

Will Springer Realtor

DECEMBER 19, 2023

We experienced yet another unusual year for residential real estate – high interest rates, leading to affordability challenges amid low inventory. 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.

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Real Estate Buyers Sellers Inventory 68

Housing Wire

NOVEMBER 22, 2021

Not bad considering the low inventory and all that unhealthy home price growth we have seen since the start of 2020. Then when you add move-up, move-down, cash, and investor buyers together, we should be able to always have total home sales — both new and existing — at 6.2 million in 2020. million or higher. NAR : Sales fell 5.8%

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Inventory Housing Market Buyers Investors 523

Housing Wire

APRIL 11, 2022

On top of all that, since inventory is at all-time lows, it’s been harder and harder for first-time homebuyers to win some bids because they don’t have more money to bring into the bidding process. However, let’s be realistic here: housing inventory has been falling since 2014 and 2022 isn’t looking any better.

Inventory 393

Inventory Mortgage Property Taxes Insurance 393

Will Springer Realtor

FEBRUARY 8, 2023

That, in turn, can often weaken the confidence of builders, consumers and investors amid a looming recession. The good news is that people still want to live downtown, with the population at about 95K, a 67% increase since 2010 – quite remarkable growth in a dozen years. metro between 2010 and 2021, according to data from the U.S.

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Retail Design Development Landlords 36

Will Springer Realtor

NOVEMBER 12, 2021

are 64% more expensive now than in 2016 and are reduced in number by more than half today: “I expect the inventory of starter homes to remain extremely tight, especially in desirable smaller markets,” Ali Wolf, chief economist at the building consultancy Zonda, told realtor.com. in 2010, the largest decline of any state. of all U.S.

Law 36

Law Inventory Real Estate Government 36

Listing Spark

DECEMBER 15, 2022

In this episode, we’ll learn more about his approach, how he finds and closes deals, and best practices for working with banks and private investors. What tools and services investors should use if they want to get into owner financing. We left home investors probably seven years ago, a long time ago. Episode highlights.

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Finance Investing Real Estate Lending 36

Will Springer Realtor

APRIL 11, 2022

This year’s buying and selling campaign will be marked by increasing inventory (good!), “The higher rates could also discourage investor activity, which accounts for a large portion of home sales today.” >> Investor purchases of residential property jumped 12% year-on-year, according to Q3 2021 data from ATTOM.

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Construction Development Inventory Buyers 36

Housing Wire

MAY 2, 2022

At over 5%, mortgage rates are now the highest they have been since 2010. However, inventory of for-sale homes for sale continued to lag in prior years, and despite posting some seasonal increase, barely offered relief for frantic home buyers. In March, investors made up 28% of single-family home purchases.

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Housing Market Marketing Buyers Inventory 382

Will Springer Realtor

APRIL 8, 2021

To help increase affordable housing inventory, lawmakers are reviewing whether to remove requirements that homeowners must live on-site. The inventory numbers bear that out, as each area of the county experienced a decline in available homes even while listings rose by about 42% month-to-month for all home types. STATE CAPITAL UPDATE.

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Inventory New Listings HOA Buyers 36

Will Springer Realtor

JUNE 9, 2021

Memories of the Great Recession still linger for anyone linked to the real estate industry – including the estimated seven million households that lost their homes to foreclosures around 2008-2010. months’ inventory (or 17 days of supply if not replenished with new listings), and only 0.4 Then the housing bubble burst. in April).

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Housing Market Marketing Inventory New Listings 36

Housing Wire

JANUARY 10, 2022

Even with this increase, fixed-rate loans will still be cheaper than they were before the pandemic: In the 2010-2019 decade the interest rate averaged 4.1% In addition, more for-sale inventory will likely be available on the market. for 30-year fixed-rate loans.

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Housing Market Marketing Construction Inventory 545