Housing Wire

NOVEMBER 9, 2020

points, but has steadily recovered over 60% of its COVID-19 pandemic loss when April’s HPSI hit its lowest reading since November 2011. The post Buyers and sellers agree: it’s a good time to enter the housing market appeared first on HousingWire. Compared to this time last year, the HPSI is still down 7.1

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Housing Wire

DECEMBER 30, 2023

Going into 2023, people thought housing inventory would skyrocket, home prices would crash, and we would see the housing market of 2008 all over again. We created this weekly tracker at the end of 2022 to give people a live weekly outlook on everything that drives the housing market and which factors to follow.

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Inventory New Listings Housing Market Mortgage 513

Appraisal Buzz

AUGUST 31, 2021

In a report released on Monday, CoreLogic recaps investor activity in the housing market over the last decade. Its Investor Homebuying Report highlights purchase trends nationally by both investor size and the price tier of property purchased between 2011 and 2020.

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Investors Housing Market Appraisal Marketing 195

Housing Wire

MARCH 23, 2024

Imagine a housing market with just 6% mortgage rates or lower — it would be growing like what we see in the new home sales market. Weekly housing inventory data The best housing story for 2024 so far is that inventory is growing yearly. Year to date, we have had four positive prints versus six negative prints.

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Mortgage Inventory New Listings Housing Market 515

Housing Wire

SEPTEMBER 21, 2023

The housing market continues to cool amid high mortgage rates , affordability challenges and still-low inventory. Despite the slight uptick in newly listed homes in August, housing inventory remained one of the primary challenges for the market. In August, existing-home sales fell 0.7% Existing-home sales were down 15.3%

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Housing Wire

JANUARY 20, 2023

housing market , we just experienced an event that most people never thought could happen. Total housing costs for American homeowners versus their wages are meager, and most will buy a home right away when they sell. Looking at housing this way, the last four decades make sense. The days on market were too low.

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Inventory Housing Market New Listings Marketing 541

Appraisal Buzz

AUGUST 30, 2021

purchase trends between 2011 and 2020. A decade ago, there was a flurry of home purchase activity following the 2006 housing market crash as investors began capitalizing on low-cost, high-growth properties. CoreLogic ’s Investor Homebuying report highlights home U.S.

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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. This explains why total active listing inventory data has been stable over the decades, with the exception of 2006-2011, when those forced distressed credit home sellers couldn’t buy.

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Inventory New Listings Housing Market Sellers 527

Housing Wire

SEPTEMBER 27, 2023

The 30-year fixed mortgage rate increased to 7.41%, the highest rate since December 2000, and the 30-year fixed jumbo mortgage rate increased to 7.34%, the highest rate in the history of the jumbo rate series dating back to 2011,” said Joel Kan, MBA ’s vice president and deputy chief economist.

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Housing Wire

MARCH 9, 2024

Weekly housing inventory data The positive story for housing in 2024 has been the inventory growth we have seen year-over-year. The farther away we stay away from the savagely unhealthy housing market of March 2022, the happier I will be. Yes, I know it’s not a lot of homes, but growth is growth, people!

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Mortgage Inventory New Listings Housing Market 483

Housing Wire

NOVEMBER 10, 2023

metropolitan areas since 2011. Oakland, California, and San Jose, California, as well as Seattle posted the smallest share of all-cash transactions at 18%, 18.2% and 20.3%, respectively. For this analysis , Redfin analyzed county records across 40 U.S.

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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.

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Housing Market Marketing Inventory New Listings 543

Housing Wire

DECEMBER 3, 2020

1 midsized housing market to watch in 2020 , according to Zillow, because of its draw for young professionals, families, and retirees alike. The demand is clear — the Boise housing market has just 0.3 months worth of housing inventory, which is the lowest ever, the report from Keller Williams said.

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Marketing Realty Realtors Housing Market 533

Housing Wire

SEPTEMBER 22, 2022

The savagely unhealthy housing market theme of mine is running in full force now as we have gotten no relief on home prices and now have a mega jump in mortgage rates. . Since the summer of 2020, I have talked about what could change the housing market, which was a 10-year yield above 1.94%, which means rates over 4%.

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Inventory Housing Market New Listings Mortgage 458

Housing Wire

JANUARY 5, 2021

In fact, prior to founding SimpleNexus in 2011, CEO Matt Hansen worked on the Simplifile development architecture team for nearly five years. Most recently, the private-equity firm invested in Real , a technology-powered real estate brokerage in 2020, and perhaps most notably, e-recording provider Simplifile in 2013.

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Architecture Real Estate Agent Loan Officers Real Estate 397

Housing Wire

JUNE 2, 2022

One top question he addresses is how the industry is reacting to this savagely unhealthy housing market. HW+ Member: What’s the number one question you are getting from the real estate agent community on the economy and housing market? This Q&A was originally hosted on June 1st. Ghost Supply 2.2

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Housing Wire

JANUARY 20, 2022

Right after the Great Recession, between 2009 and 2011, buyers viewed a median of 12 homes before purchasing, as inventory was plentiful. From 2004 to 2006, during the housing boom years, even though homes were moving at a rapid pace, buyers typically looked at nine homes.

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Buyers Inventory Open Houses Technology 421

Housing Wire

AUGUST 13, 2020

Director Calabria has one goal and that is to fully privatize the mortgage market and leave the GSEs as nothing more than a counter-cyclical last choice for the housing market. Calabria has written, spoken, and testified for years on his view that the mortgage market should be fully privatized.

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Mortgage Finance Marketing Insurance 534

Housing Wire

OCTOBER 20, 2023

RealTrends + Harris Insights ‘ studies from 2002, 2005, 2006, 2011, 2014, and 2019 all show that consumers know that commissions are negotiable. housing market that has become available in the last 25 years, the use of agents by consumers has risen, not decreased. Certainly, there are some that don’t.

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Housing Wire

AUGUST 8, 2022

its lowest reading since 2011. Please introduce us to the brave 17% of consumers who think now is a good time to buy a home. Fannie Mae’s Home Purchase Sentiment Index fell two points in July to 62.8, Year over year the index is down 13 points.

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Mortgage Sellers Housing Market Real Estate 365

Housing Wire

APRIL 8, 2022

One of the reasons that I moved into the “team higher mortgage rate” camp is that what I saw in January, February, and March of this year was so unhealthy that I labeled the housing market savagely unhealthy. million — once that happens, I can take the unhealthy label off the housing market.

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Housing Market Marketing Inventory Lending 397

Housing Wire

SEPTEMBER 14, 2023

housing market is short by at least 6.5 The scarcity of housing has driven home prices and rents prices to an all-time high and pushed affordability to a multi-decade low. Most recently, rising interest rates have intensified the fight for housing. million homes.

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Tenants Government Law Buyers 392

Housing Wire

OCTOBER 20, 2022

The 30-year fixed-rate mortgage continues to remain just shy of 7% and is adversely impacting the housing market in the form of declining demand,” Sam Khater, Freddie Mac’s chief economist, said in a statement. Sellers are responding to the shift in the market and pulling back on listing activity, resulting in a 9.8%

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Mortgage Sellers Buyers New Listings 409

Housing Wire

SEPTEMBER 8, 2022

Home prices have started to drop, but the decline has not been significant enough to slow a growing pessimism about the housing market. Fannie Mae’ s Home Purchase Sentiment Index (HPSI), which tracks the housing market and consumer confidence to sell or buy a home, dropped by 0.8 Presented by: Calyx.

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Housing Market Marketing Sellers Mortgage 458

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. Let’s look at that dynamic.

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Housing Market Marketing New Listings Construction 528

Housing Wire

APRIL 16, 2021

The last time rates reached heights of nearly 5% was in November of 2013, and before that, nearly a decade ago in 2011, according to Freddie Mac’s PMMS. Those forecasts have changed dramatically – as of March 19, the MBA revised those numbers to an average of 3.6% in 2021, 4.5% in 2022 and 5% in 2023.

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Mortgage Marketing Housing Market 372

Housing Wire

DECEMBER 20, 2023

Did today’s existing home sales report give us a playbook for housing in 2024? I would argue yes, and the housing market today looks a lot like what we saw in late 2022. I give more details in this interview on why I believe the housing market dynamics shifted on Nov. Unsold inventory sits at a 3.5-month

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Housing Market Marketing Inventory Realtors 457

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. However, there is a proper way to talk about and price cooling market other than saying 2008 every day of your life. It hasn’t worked since 2012 for a reason.

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Inventory New Listings Law Housing Market 384

Housing Wire

OCTOBER 7, 2020

points, but has recovered more than half of its early pandemic-period decline when April’s HPSI hit its lowest reading since November 2011. August’s HPSI survey revealed both a confident seller’s and buyer’s market, however, Fannie Mae reported September buyers showing more hesitancy.

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Sellers Real Estate Agent Buyers Design 537

Housing Wire

SEPTEMBER 7, 2022

Price corrections are coming to housing markets across the United States, Black Knight said following July’s home price decline from June. Relatedly, tappable home equity is expected to pull back in the third quarter as equity-rich markets already saw declines in July. .

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Housing Market Marketing Home Value Lending 431

Housing Wire

APRIL 7, 2023

David Brooke was a real estate appraiser for 11 years prior to becoming an agent, starting with Engel & Völkers in 2011, then joining Berkshire Hathaway in 2013, then Keller Williams in 2015 before becoming a part of eXp in 2020. Don’t leave it up to them to translate the noise they’ll likely encounter on their voyage.

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Retail Real Estate Clients Modernization 382

DW Slater Company

JANUARY 29, 2022

Here is a historic look at our markets from 10 years ago. County Median Sale Price 2011 Median Sale Price 2021 Percent Change Denton $179,000.00 $395,000.00 We will continue to watch the real estate market in 2022. Since January the rates have begun to rise. 120.67% Collin $198,000.00 $430,000.00 170.03% Data is from NTREIS.

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Housing Wire

MARCH 30, 2023

Connie Kim: You had a long run at Wyndham Capital Mortgage dating back to 2011. How is the housing market in South Carolina and North Carolina? I think we’re certainly seeing that here in our local market – really low inventory, (and) any desirable home that hits the market, buyers definitely get into a bidding war.

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Mortgage Retail Loan Officers Brokerage 387

Housing Wire

DECEMBER 7, 2020

housing market was the single best outperforming economic sector globally during the COVID-19 pandemic in 2020. Due to the solid demand for homes, housing supply for both new and existing homes are at all-time lows. Existing home sales dipped below 5,000,000, and monthly housing supply rose. New Home Supply.

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Inventory Construction Government Housing Market 545

Housing Wire

OCTOBER 11, 2022

There’s a showdown at the housing market corral between homebuyers and sellers. When I came up with the “ savagely unhealthy housing market ” label in February of this year, it was based on the premise that the housing inflation story that we have had to deal with since 2020 was a historical event.

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Sellers Inventory Housing Market New Listings 504

Housing Wire

FEBRUARY 5, 2024

According to the January 2024 survey for the NAHB/Wells Fargo Housing Market Index (HMI) , 90% of builders reported high interest rates as a significant issue in 2023, while 77% expected them to be a problem in 2024. In 2011, only 13% of homebuilders worried about the cost of labor, versus 87% in 2019.

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Construction Housing Market Buyers Sellers 429

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.

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