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. Mortgage rates. Home price s.

Housing Market 529

Housing Market Marketing Inventory New Listings 529

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. In 2023, we had one big bounce in sales and then sales trended lower all year long as mortgage rates went from 6% to 8%. Unsold inventory sits at a 3.5-month

Housing Market 428

Housing Market Marketing Inventory Realtors 428

Housing Wire

MARCH 9, 2024

We survived jobs week and Federal Reserve Chairman Jerome Powell talking to Congress, with mortgage rates ending the week below 7%. But will mortgage rates keep heading lower? If so, what will this do to inventory levels? It’s a plus for mortgage rates that the U.S. We haven’t broken either yet.

Mortgage 439

Mortgage Inventory New Listings Housing Market 439

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. How can housing inventory be so low today when it skyrocketed back in 2009? housing market.

Inventory 492

Inventory Housing Market Construction Marketing 492

Housing Wire

FEBRUARY 24, 2024

Mortgage rates have risen recently but they could be much worse than they are today. Mortgage rates and the 10-year yield The 10-year yield is the key for housing in 2024. The most important data line for me, along with mortgage rates , is jobless claims data because I value labor data over inflation.

Mortgage 445

Mortgage Inventory New Listings Housing Market 445

Housing Wire

APRIL 8, 2022

Home prices are skyrocketing, housing inventory is at all-time lows and homebuyers have to contend with multiple bids. In time, markets always find balance and balance is a good thing. But, that doesn’t mean housing is going to crash. Inventory velocity. April 10, 2020: We needed a lot of inventory, fast.

Housing Market 391

Housing Market Marketing Inventory Lending 391

Housing Wire

DECEMBER 29, 2021

A bullish housing market. economic recovery was a false story and that we were about to embark on a second housing bubble crash due to forbearance. The housing market didn’t crash at all, in fact, more Americans bought homes with mortgages in 2021 than in 2020. What a year 2021 has been. The excellent.

Housing Market 522

Housing Market Marketing Construction Mortgage 522

Housing Wire

SEPTEMBER 23, 2022

You think things are bad in the housing market now? Stick around and see if mortgage rates climb into the 7% range. Even the most battle-tested industry players are preparing for one of the strongest housing market corrections in decades. Blake Bianchi, CEO of Future Mortgage.

Housing Market 367

Housing Market Marketing Mortgage Buyers 367

Housing Wire

OCTOBER 1, 2022

The real estate market has shifted, and we are in a new housing paradigm. Mortgage interest rates have risen quickly in the past few months further eroding affordability. It is always good to know where we are with the real estate market, but it is essential to keep all data in historical perspective. . Historically 2.5

Realtors 377

Realtors Housing Market Marketing Buyers 377

Housing Wire

SEPTEMBER 27, 2023

In the week following the Federal Open Market Committee ‘s meeting, mortgage applications sunk. 22, mortgage applications fell 1.3% from the prior week , according to data from the Mortgage Bankers Association. It is still facing limited for-sale inventory and struggling with affordability issues.

Mortgage 365

Mortgage Contracts Inventory Marketing 365

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. Then this happened.

Training 390

Training Inventory Housing Market Real Estate Agent 390

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.

Sellers 498

Sellers Inventory Housing Market New Listings 498

Housing Wire

SEPTEMBER 21, 2023

The housing market continues to cool amid high mortgage rates , affordability challenges and still-low inventory. Housing inventory remains tight heading into fall Meanwhile, total housing inventory at the end of August was 1.1 Elevated mortgage rates add to affordability pain As of Aug.

Inventory 387

Inventory Realtors Housing Market Mortgage 387

Housing Wire

DECEMBER 21, 2022

On Wednesday, existing home sales collapsed near the lows we saw during COVID-19 and back in 2007 when the housing bubble burst. In addition, this is the fourth straight month of inventory declining, while days on the market are growingl! Plus, available housing inventory remains near historic lows.”

Inventory 505

Inventory New Listings Housing Market Sellers 505

Housing Wire

AUGUST 24, 2023

Mortgage rate shot up again last week as the bond market continues to grapple with a growing economy in the run up to the next Federal Open Market Committee meeting. By contrast, the 30-year fixed-rate mortgage was at 5.55% a year ago at this time. Other indices showed even higher mortgage rates.

Mortgage 364

Mortgage Property Taxes Investors Buyers 364

Housing Wire

JANUARY 19, 2024

We don’t have any data that shows sales are crashing from this low level: this is key when looking at the future because it does give us a place to grow sales as long as mortgage rates fall. 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.

Housing Market 405

Housing Market Inventory Contracts Marketing 405

Housing Wire

FEBRUARY 21, 2023

The mortgage industry started 2023 with optimism due to an increase in housing activity. Fannie Mae expects home sales to remain subdued for the remainder of 2023, although recent mortgage application data came in stronger than expected. million, it still marks the slowest annual pace of sales since 2011. million units.

Inventory 369

Inventory Mortgage Housing Market Contracts 369

Housing Wire

DECEMBER 7, 2020

housing market was the single best outperforming economic sector globally during the COVID-19 pandemic in 2020. The reasons for that are solid demographics and low mortgage rates , which will not change much in 2021. Due to the solid demand for homes, housing supply for both new and existing homes are at all-time lows.

Inventory 543

Inventory Construction Government Housing Market 543

Housing Wire

AUGUST 16, 2022

Tuesday’s housing starts report clearly shows that homebuilders are going to be done with single-family construction until mortgage rates fall. Currently, we are in a much different housing recession than what we had from 2005-2011. Why do I call it a housing recession? months of supply but of that number, 6.22

Mortgage 529

Mortgage Construction Inventory Buyers 529

Housing Wire

SEPTEMBER 22, 2022

Even though this was a beat of estimates, the sales decline trend due to higher mortgage rates and home prices continues. 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. . Unsold inventory sits at a 3.2-month

Inventory 437

Inventory Housing Market New Listings Mortgage 437

Housing Wire

OCTOBER 17, 2022

As mortgage rates rose and housing inventory increased, home price growth decelerated in the third quarter of 2022, according to the Fannie Mae Home Price Index ( FNM-HPI ) released Monday. This is the slowest quarter of growth since Q4 2011. The FNM-HPI found that home price growth was at an annualized rate of 13.2%

Inventory 334

Inventory Buyers Mortgage Housing Market 334

Housing Wire

MARCH 30, 2023

Donny Kirby, former vice president of national direct-to-consumer sales at Wyndham Capital Mortgage , spent more than 12 years at Charlotte, North Carolina-based company before leaving to start a mortgage broker shop, Cornerstone Home Loans. Connie Kim: You had a long run at Wyndham Capital Mortgage dating back to 2011.

Mortgage 343

Mortgage Retail Loan Officers Brokerage 343

Housing Wire

MAY 24, 2022

A few months ago, I wrote that the new home sales sector is at risk because of rising mortgage rates. A lot of the housing data was lagging the rate move, so it wasn’t apparent that higher rates impacted the data yet. This housing cycle is and will always be based on real demand, versus the credit boom we saw from 2002 to 2005.

Housing Market 390

Housing Market Inventory Construction Marketing 390

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. I have documented the history of these housing price crash addicts for a decade now. Housing inventory issue with no booming demand.

Inventory 381

Inventory New Listings Law Housing Market 381

Housing Wire

OCTOBER 17, 2023

The single-family rental (SFR) sector and its close cousin, the fix-and-flip market , are now essentially treading water in an environment of high interest rates , approaching 8%; high home prices; and a dearth of home-purchase inventory. in first quarter to 27.5% It remained way below the 44.6% hit in the second quarter of 2021.”

Investors 342

Investors Inventory Investing Real Estate 342

Housing Wire

JANUARY 26, 2022

But what if the market conditions include historically low levels of available inventory for sale, and competing for that limited inventory with institutional investors as well as millions of millennial homebuyers? What are the drivers of housing demand in 2022? 5 predictions for the 2022 housing market.

Real Estate 424

Real Estate Investors Inventory Business 424

Housing Wire

MARCH 9, 2022

. “Given the rapid migration and robust job growth in these areas, I expect these markets to continue to see impressive price gains.” “Home values generally grow over time, so homeowners begin the wealth-building process as soon as they make a down payment and move to pay down their mortgage.”

Home Value 433

Home Value Realtors Marketing Inventory 433

Will Springer Realtor

JULY 8, 2022

The screeching you heard in June was the sound of brakes being applied to the housing market across the U.S. The King County housing market has seen inventory increase by 55% in the past month, while the number of homes going under contract fell 22% from May to the lowest June level since 2011.

Housing Market 36

Housing Market Marketing Inventory HOA 36

Housing Wire

APRIL 21, 2022

“The state of the housing crisis,” Pullen said, “Is such that we do not have the luxury to say ‘no’ to any innovative approach.”. A former Texas A&M cross country and track athlete and Episcopalian minister, Ballard in 2011 co-founded TreeHouse , a retailer to sell environmentally friendly home construction materials.

Construction 385

Construction Supply Chain Investors Business 385

Will Springer Realtor

NOVEMBER 14, 2023

Worsening affordability issues and lower-than-usual inventory have prompted many consumers to watch this housing market from the sidelines – without the picket lines. months of inventory available in the county, down from 2.0 Single-family inventory narrowed to 1.7 Inventory of county condos rose to 2.5

Inventory 36

Inventory Buyers Sellers New Listings 36

DataMaster

JUNE 9, 2021

After months of being outbid, he decided to wait and see if the housing market cools off a bit. I can’t help but wonder how Americans will fare as they settle into exorbitant mortgages that swallow up significant chunks of their income! adjusted for inflation) in December 2011 to $372,400 in April 2021. It depends.

Mortgage 78

Mortgage Loan Officers Inventory Appraisal 78

DataMaster

JUNE 9, 2021

After months of being outbid, he decided to wait and see if the housing market cools off a bit. I can’t help but wonder how Americans will fare as they settle into exorbitant mortgages that swallow up significant chunks of their income! adjusted for inflation) in December 2011 to $372,400 in April 2021. It depends.

Mortgage 78

Mortgage Loan Officers Inventory Appraisal 78

DataMaster

JUNE 9, 2021

After months of being outbid, he decided to wait and see if the housing market cools off a bit. I can’t help but wonder how Americans will fare as they settle into exorbitant mortgages that swallow up significant chunks of their income! adjusted for inflation) in December 2011 to $372,400 in April 2021.

Mortgage 78

Mortgage Loan Officers Inventory Appraisal 78

Will Springer Realtor

DECEMBER 11, 2022

Some might argue the cold is emanating from the near-frigid Q4 real estate market, knocking the bloom straight off the housing-market rose in our region. In fact, mortgage demand rose as interest rates fell following October’s slowdown of inflation growth. Does this signal a peak in mortgage rates or a temporary blip?

Inventory 36

Inventory Construction Supply Chain Buyers 36

Will Springer Realtor

SEPTEMBER 8, 2021

One of the hottest search phrases on Google today is, “When is the housing market going to crash?”. Not “ Will the housing market crash?” See the August housing report further below, if you dare!). Most notably, it’s the first time mortgages declined from Q1 to Q2 since 2011, according to ATTOM Data Solutions.

Construction 36

Construction Inventory Buyers Real Estate 36

Will Springer Realtor

DECEMBER 14, 2021

A shortage of homes for sale sparked some of the fastest-moving deals in memory, particularly on the Eastside, where single-family homes “sat” on the market for a median 5.4 What will the 2022 Seattle/King County housing market offer? mortgage rates sound? days (November 2021). =. 2 (Freddie Mac).

Real Estate 69

Real Estate Buyers Construction Sellers 69

Appraisal Today

JULY 7, 2023

Markets go up and down I’ve been writing for years about how normal it is for markets to go up and down. Housing markets are like my waist line. I talked with someone last year who was struggling with suicidal thoughts when the housing market saw a major shift. The numbers are constantly changing.

Appraisal 76

Appraisal Real Estate Contracts Mortgage 76