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. This sounds odd to people because mortgage rates went all the way to 8% , and price growth was picking up. Sales faded 6.2%

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Housing Market Inventory Contracts Marketing 400

Housing Wire

OCTOBER 17, 2023

Still, even in this difficult-to-agonizing supply-challenged housing market, SFR and fix-and-flip investors, which both target existing-home inventory, are still finding ways to make a profit — at a thin margin in most cases, but a profit, nonetheless. It remained way below the 44.6% hit in the second quarter of 2021.”

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Investors Inventory Investing Real Estate 337

Housing Wire

DECEMBER 21, 2022

From NAR : “In essence, the residential real estate market was frozen in November, resembling the sales activity seen during the COVID-19 economic lockdowns in 2020,” said NAR Chief Economist Lawrence Yun. Plus, available housing inventory remains near historic lows.” economic history. . As we can see below, the U.S.

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Inventory New Listings Housing Market Sellers 502

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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Inventory Housing Market Construction Marketing 488

Housing Wire

APRIL 20, 2023

As we can see in the data below, the days on the market fell back down to 29 days. For some historical context, back in 2011, this data line was 101 days. 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.

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Inventory Housing Market Marketing New Listings 516

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. . million in August.”

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Inventory Housing Market New Listings Mortgage 434

Housing Wire

OCTOBER 20, 2022

On the other hand, investment-return decline during this year’s summertime home-selling season marked the largest quarterly downturn since 2011, with the third-quarter reversal also marking the first since 2010 that seller returns went down from the second to third quarter. Cash sales and institutional investors.

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Sellers Investing Housing Market Real Estate 360

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.

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Housing Wire

APRIL 7, 2023

When this back and forth was unfolding, mortgage demand rose 2.9% compared to the week prior and the average contract interest rate for 30-year fixed-rate mortgages with loan balances of $726,200 or less, decreased from 6.48% to 6.45%. An opportunity for commercial real estate investors and developers? I think so too.

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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 am not talking about investors; I am talking about primary resident homeowners. New listings are declining now. Some sell to rent, of course.

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Inventory New Listings Law Housing Market 380

Housing Wire

APRIL 21, 2022

“I don’t know if these companies can steward housing beyond pilot projects,” said Tyler Pullen, a researcher at the Terner Center for Housing Innovation at the University of California-Berkeley. All of their material seems more geared toward investor pitches and media buzz generation.”. The secret of the ooze.

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Construction Supply Chain Investors Business 383

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.

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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.

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Mortgage Loan Officers Inventory Appraisal 78

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? The housing forecast should be more palatable for buyers.

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Appraisal Today

JUNE 17, 2022

NOTE: Please scroll down to read the other topics in this long blog post on real estate market, USPAP and contracts, unusual homes, mortgage origination stats, etc. ==. My Comments on Market Changes. It looks like the change is starting because of increasing mortgage interest rates. All cash and investors.

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Appraisal Contracts Real Estate Mortgage 52

Appraisal Today

JUNE 3, 2022

In popular vacation areas, such as Sedona, AZ, where Julie lives, investors purchase homes and do extensive remodels to turn them into Airbnbs with Airbnb management companies handling everything for them (clean up, new furnishing, and renting). Excerpts: The housing market sizzle has faded and we’ve entered a different season.

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Appraisal Contracts Real Estate Marketing 52

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. That’s up from 36% of sales in 2022 but far from the peak this century of 45% in 2011, according to ATTOM. >>

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