Housing Wire

SEPTEMBER 23, 2022

You think things are bad in the housing market now? Even the most battle-tested industry players are preparing for one of the strongest housing market corrections in decades. Probably, the housing market needs to go to a correction to get to that place.” ” Where is the housing market heading?

Housing Market 370

Housing Market Marketing Mortgage Buyers 370

Housing Wire

JULY 16, 2021

from May to June, the largest drop at this time of year on record since at least 2012, according to a new Redfin study released this week. “In June we entered a new phase of the housing market,” Fairweather said. “Home sales are starting to stall because prices have increased beyond what many buyers can afford.

Buyers 545

Buyers New Listings Housing Market Marketing 545

Housing Wire

APRIL 26, 2024

The index is benchmarked to 100 in March 2012. Homebuyer affordability conditions remain volatile as recent economic data continues to show that the economy and job market are strong.

Mortgage 386

Mortgage Housing Market Buyers Marketing 386

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. As 2012 broke, the hangover from the crash remained, but signs were pointing to a recovery.

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Real Estate Marketing Sellers Inventory 98

Housing Wire

MAY 8, 2024

Since most sellers are buyers, inventory should be stable if demand is stable. On top of more legitimate buyers, we fixed the credit markets, meaning housing credit looks fantastic. Contrast that to the time from 2008 to 2012 when this data line trended at 250,000 to 400,000 per week.

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Inventory Law New Listings Sellers 441

Housing Wire

JANUARY 31, 2023

result in March 2012). Looking ahead, Lazzara expects prices to continue to soften given the uncertainties faced by the housing market and the economy as a whole. “As Economic weakness, including the possibility of a recession, would also constrain potential buyers. decline in October 2019,” Lazzara said.

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Housing Market Contracts Buyers Marketing 393

Housing Wire

JANUARY 9, 2023

This article is part of our 2022 – 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 predictions for this year, along with a roundtable discussion on how these insights apply to your business.

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Housing Wire

APRIL 23, 2021

soared 18% year-over-year in March 2021 to a median of $356,000, according to a report Redfin released Friday that provided stark evidence of a housing market where demand greatly exceeds supply. Homes sold in March were on the market for 21 days, per the report, the shortest period between listing and sale since 2012.

Inventory 433

Inventory Housing Market Realtors Marketing 433

Housing Wire

FEBRUARY 9, 2023

At the end of the fourth quarter, the index stood at its lowest level since the NAHB began tracking the data on a consistent basis in 2012. Indianapolis-Carmel-Anderson, Indiana, topped the list of most affordable major housing markets (population larger than 500,000) in Q4, as 75.9%

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Supply Chain Housing Market Marketing Mortgage 348

Housing Wire

NOVEMBER 18, 2022

On a positive note, however, the days on the market are no longer a teenager anymore: that metric grew from 18 days to 21 days. I cheer because the savagely unhealthy housing market theme I talked about back in February of this year was the same premise of the housing reset talking point the Federal Reserve uses.

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Housing Wire

NOVEMBER 9, 2022

However, the housing market did run into one problem in 2020. Inventory levels broke to all-time lows and thus created massive housing inflation quickly, which broke my model. I knew housing would be OK as long as home prices only grew at 23% over five years — 4.6% nominal per year at most. nominal per year at most.

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New Listings Inventory Housing Market Sellers 481

Housing Wire

DECEMBER 21, 2022

Plus, available housing inventory remains near historic lows.” ” 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. I have never believed in this concept because of how the housing market credit channels work.

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Inventory New Listings Housing Market Sellers 518

Housing Wire

JUNE 8, 2022

I am going to do my best to try to make sense of what is happening with the housing market right now, since the years 2020-2024 have been a talking point of mine for years and my biggest concern since the fall of 2020 has been prices overheating — not having a deflationary collapse. . A short history of the housing crash narrative.

Inventory 545

Inventory Housing Market Marketing Mortgage 545

Housing Wire

AUGUST 21, 2020

Let’s just say this is the final nail in the coffin for the housing bear troll camps that were so sure that this time, housing would finally crash. COVID didn’t get the housing market, but it did pull a fast one on those pesky bears. We saw hints of a flourishing housing market prior to the COVID crisis.

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Housing Market Mortgage Buyers Marketing 544

Housing Wire

MARCH 22, 2023

What does it mean for buyers, sellers? The good news is that the continued strength of the job market means that both sellers and buyers are still in a favorable financial position heading into the spring housing market, Jones noted. The national median existing-home sale price fell 0.2% Median prices were down 12.3%

Mortgage 379

Mortgage Sellers Buyers Housing Market 379

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. Inventory has been falling for years but people ignored the trend because some were always talking about the housing bubble 2.0 crash, especially from 2012-2019.

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Inventory New Listings Law Housing Market 382

Housing Wire

APRIL 3, 2023

Declining mortgage rates could have improved affordability for buyers in the housing market in February, but instead spurred a demand that, combined with a persistent lack of inventory across the U.S., ” The annual home price growth rate fell to 1.94% in February, hitting a rate below 2% for the first time since 2012.

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Inventory New Listings Housing Market Mortgage 392

Housing Wire

OCTOBER 4, 2023

Originators who primarily served move-up buyers with high credit scores and strong down payments are struggling to find clients. They are staying busy relative to the market,” Ullmann said. Most years that number is closer to 30%, said Ullmann, who’s been an LO since 2012.

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Loan Officers Mortgage Finance Buyers 433

Housing Wire

OCTOBER 16, 2020

Since 2012, the median sale price of homes in ZIP codes with a low wildfire risk has increased 101% compared to an 88% increase for homes in high-risk ZIP codes, per a Redfin analysis of the housing market and U.S. More than 4.5 trillion, a new Redfin report said. Forest Service.

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Housing Wire

MAY 9, 2022

housing market follow Canada? In short, the answer is no, we won’t have the type of home-price velocity that Canada has experienced because our housing market is more diverse than theirs. housing market is more tied to mortgage buyers. Housing debt doesn’t work like margin stock debt.

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Buyers Housing Market Mortgage Marketing 527

Appraisal Buzz

JANUARY 17, 2022

The housing market boomed in 2021 like few could have expected. Many buyers hope the housing market will cool down in 2022, and while experts don’t think it will be as competitive, this is unlikely to be a dramatic shift — at least not one that turns the market away from being seller-friendly.

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Construction Supply Chain Housing Market Technology 468

Housing Wire

APRIL 26, 2021

The effects of low housing inventory continue to cause significant ripples in the housing market, as a recent Redfin report shows home sale prices across the country have reached an average of $344,625 — an all-time high, and an 18% increase year over year. That’s also 16 days fewer than the same period in 2020.

Sellers 450

Sellers Housing Market Marketing Buyers 450

Housing Wire

SEPTEMBER 13, 2022

housing market that have 2019 inventory levels or higher are off my savagely unhealthy housing market list; those areas see effective pricing as demand gets weaker. Traditionally speaking, post-2012, inventory growth came in years where demand was weaker from mortgage buyers: 2014 and 2022.

Mortgage 515

Mortgage Inventory New Listings Sellers 515

Housing Wire

OCTOBER 12, 2021

The index benchmarks to 100 in March 2012; a higher number portends more mortgage credit availability. According to Joel Kan, MBA’s associate vice president of economic and industry forecasting, despite elevated rates of home-price appreciation, lenders are offering a wider range of loans to accommodate qualified buyers.

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Housing Wire

JUNE 22, 2021

The median existing-home price for all housing types in May was $350,300, up 23.6% For the NAR, this is a record high and marks 111 straight months of year-over-year gains since March 2012. The market’s outlook, however, is encouraging. Total housing inventory at the end of May grew to 1.23 from May 2020 ($283,500).

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Inventory Buyers Realtors Housing Market 408

Housing Wire

JANUARY 16, 2024

Younger generations have also faced rising affordability challenges, as home values have risen four times faster than incomes of the last several decades, according to Redfin, which has made it harder for both millennial and Gen Z buyers to purchase a large home as they are less likely to have equity from the sale of a previous property.

Inventory 441

Inventory Home Value Mortgage Buyers 441

Padove Appraisal Service

DECEMBER 10, 2022

We have seen a combination of few homes offered for sale, and strong buyer demand. Buyers have had difficulty finding a home to purchase at any price. The higher cost of financing a home pushed some buyers out of the market. It also includes the demand side, in the number of homes buyers are willing to purchase.

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Marketing Inventory Buyers Sellers 147

McKissock

APRIL 16, 2021

March was the hottest month for housing since at least 2012. March was the hottest month in housing history. “The housing market set a slew of records for prices, home-selling speed, and competition in March, making it the hottest month for housing since at least 2012,” according to this story from Redfin.

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Housing Market Appraisal Marketing Real Estate Agent 59

Housing Wire

JUNE 9, 2022

A decline of the index, benchmarked to 100 in March 2012, indicates lending standards are tightening while an increase suggests loosening credit. These worsening affordability challenges have been particularly hard on prospective first-time buyers,” he said. The post Mortgage credit availability falls 0.9%

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Mortgage Government Inventory Lending 345

Housing Wire

AUGUST 18, 2023

The slower housing market and uncertain economic conditions took their toll on the number of real estate brokerages and firms that were named to Inc. This is the first year CityLight Homes, which was founded in 2012 by Robert Berry, has made the list. 186 spot on the Inc. 5000 list, with a 3-year growth rate of 2,870%.

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Brokerage Real Estate Realty Real Estate Agent 369

Will Springer Realtor

AUGUST 15, 2023

Ah, for the good old days of 2019 – when we could stomach home prices closer to the mid-million-dollar mark and housing options were somewhat plentiful amid a mildly competitive buyer environment. The market has, ahem , evolved in the four years since. for single-family houses (from 1.2) on the Eastside. in June), to 1.4

Sellers 60

Sellers Buyers New Listings Inventory 60

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 393

Will Springer Realtor

JANUARY 10, 2023

Each month, this blog will publish a fresh assessment of the King County area housing market. A patch of foul weather and persistent economic challenges chilled an already cold housing market. The Northwest MLS monthly housing report described it best: “December ends with a ‘whimper’.”.

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Housing Market Marketing Inventory Real Estate 36

Will Springer Realtor

AUGUST 11, 2023

As the chart shows, a historically large segment of Millennials is inching toward 36, the median age of a first-time home buyer in the U.S. Real estate pros – some of the most optimistic bunch in any industry – acknowledge this is a housing dilemma. An index score of 100 means that a buyer with a median U.S.

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Housing Wire

NOVEMBER 16, 2022

Homebuilder confidence continued to drop in November, hitting its lowest level since June 2012, with the exception of the onset of the COVID-19 pandemic in the spring of 2020, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report, released Wednesday.

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Buyers Mortgage Real Estate Housing Market 545

Housing Wire

MARCH 8, 2023

It is no secret that the housing market is suffering from an ongoing inventory drought. Existing housing inventory fell by 11,021 homes week over week for the week ending March 6, according to data from Altos Research. million housing units were started , and 11.9 In 2022, 2.06 million households.

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Housing Wire

DECEMBER 4, 2023

There were also some generational disparities in what would-be buyers were willing to sacrifice. Gen Zers, individuals born between 1997 and 2012, cared more about space but were willing to compromise on location, whereas boomers, who were born between 1946 and 1964, were the opposite.

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