Housing Wire

NOVEMBER 19, 2020

Days on market fell from 36 days to 21 days on a year-over-year basis. Cash buyers remain at a historically high level of 19%, the same as last year, while sales grew 26.6% The housing market is hot. You may be told that future moderation indicates “cracks in the housing market, but don’t buy into it.

Housing Market 545

Housing Market Marketing Inventory Buyers 545

Housing Wire

DECEMBER 4, 2023

Prospective homebuyers are slowly growing less sensitive to home prices and high-interest rates, and fewer of them are willing to wait for a better market to buy a home. There were also some generational disparities in what would-be buyers were willing to sacrifice. First-time homebuyers were particularly harmed by this trend.

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Housing Market Marketing Transportation Mortgage 391

Housing Wire

APRIL 8, 2022

In time, markets always find balance and balance is a good thing. But, that doesn’t mean housing is going to crash. I set a specific home-price growth model for the years 2020-2024 that said if home prices only grew at 23% during this five-year period, the housing market would still be OK, given wage growth.

Housing Market 391

Housing Market Marketing Inventory Lending 391

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.” trillion in 2023 will look awfully rosy.

Housing Market 367

Housing Market Marketing Mortgage Buyers 367

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 543

Housing Wire

JULY 11, 2023

The last time the index saw annual growth fall to less than 2% was in early 2012. Nevertheless, following a cumulative increase of almost 4% in home prices between February and April of 2023,“ Hepp continued, “elevated mortgage rates and high home prices are putting pressure on potential buyers. Annual U.S. Even so, U.S.

Housing Market 275

Housing Market Marketing Buyers Mortgage 275

Housing Wire

MARCH 18, 2021

Home prices have skyrocketed in the past year, and data from Redfin backs up what buyers, sellers, and agents have known for months. Non-QM: New Market + New Rules = New Opportunities. Join leading industry experts for a 45-minute discussion on the market, challenges and opportunities. by the end of 2021.

Buyers 545

Buyers Sellers Inventory New Listings 545

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

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. The “Atlanta Real Estate market” is a misnomer; the area is akin to spilled glass of milk.

Real Estate 98

Real Estate Marketing Sellers Inventory 98

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.

Inventory 459

Inventory Marketing Housing Market New Listings 459

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 361

Mortgage Housing Market Buyers Marketing 361

Housing Wire

JULY 21, 2021

That’s quite the contrast from back in 2012, when Redfin reported that condos were selling for more than 4% below asking price. “Many buyers who have been priced out of the market for single-family homes have turned to condos,” Fairweather said. year over year, and pending sales were up 38.2% year over year.

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Buyers New Listings Contracts Marketing 424

Housing Wire

OCTOBER 18, 2022

Homebuilder confidence continued its downward spiral in October, hitting its lowest level since August 2012, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report, released Tuesday. Three other indices monitored by the NAHB also posted declines in October.

Housing Market 391

Housing Market Buyers Contracts Construction 391

Eyes on Housing

OCTOBER 18, 2022

In a further signal that rising interest rates, building material bottlenecks and elevated home prices continue to weaken the housing market, builder sentiment fell for the 10th straight month in October and traffic of prospective buyers fell to its lowest level since 2012, with the exception of two months during the Spring of 2020.

Marketing 179

Marketing Housing Market Buyers 179

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 416

Housing Wire

APRIL 21, 2022

Institutional real estate investors — often mammoth operators with ties to Wall Street — gobbled up record amounts of inventory in almost every corner of the pandemic-induced fever dream that was the 2021 housing market, with one notable exception: distressed properties sold at foreclosure auction. Bulk Buyer Bonanza.

Investors 386

Investors Renovations Marketing Retail 386

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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Retail Sellers Buyers Market Value 421

Housing Wire

NOVEMBER 7, 2023

But opinions differ on how much impact higher taxes are having on local housing and mortgage markets. “I The market has since cooled off, but taxes are going up. If somebody is concerned about that (taxes), I always put it back on the buyer and ask them, ‘Do you have any control in the increase of your rent payment?’”

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Property Taxes Home Value Government Buyers 540

Housing Wire

JANUARY 31, 2023

decline since the market peaked in June 2022,” Craig J. 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.

Housing Market 372

Housing Market Contracts Buyers Marketing 372

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%

Supply Chain 325

Supply Chain Housing Market Marketing Mortgage 325

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.” Confused by this?

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Inventory New Listings Housing Market Sellers 505

Housing Wire

NOVEMBER 9, 2022

But I need to explain why this level has more in common with 2014 housing data than the credit stress markets of 2005-2008, and why you should care. Understanding this data line and what it is trying to tell you will be more valuable than erroneously thinking the market is crashing and we’ll see a wave of foreclosures.

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New Listings Inventory Housing Market Sellers 467

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

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., In total, 39 of the 50 largest markets saw home prices increase on an adjusted basis in February.

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Inventory New Listings Housing Market Mortgage 389

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.

Marketing 147

Marketing Inventory Buyers Sellers 147

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.

Housing Market 544

Housing Market Mortgage Buyers Marketing 544

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.

Inventory 381

Inventory New Listings Law Housing Market 381

Housing Wire

MARCH 22, 2023

In return, rates will continue to fluctuate over the coming weeks as incoming data changes and market participants adjust to the new reality as it unfolds, Green projected. What does it mean for buyers, sellers? in February from the previous year to $363,00 — the first year-over-year decline since February 2012.

Mortgage 361

Mortgage Sellers Buyers Housing Market 361

Housing Wire

OCTOBER 19, 2020

The National Association of Home Builders and Wells Fargo Housing Market Index rose two points to 85 in October – the highest score the series has ever recorded since its inception 35 years ago and the second month in its history the score broke 80. year over year in September – the largest annual increase since at least 2012.

Housing Market 369

Housing Market Construction Buyers Inventory 369

Housing Wire

DECEMBER 19, 2022

Homebuilder sentiment dropped yet again in December, hitting its lowest reading since mid-2012, with the exception of the onset of the COVID-19 pandemic in the spring of 2020. In December, builder confidence in the market for newly built single-family homes fell two points compared to November.

Contracts 370

Contracts Construction Buyers Housing Market 370

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. But the current prices aren’t deterring homebuyers.

Sellers 450

Sellers Housing Market Marketing Buyers 450

Housing Wire

NOVEMBER 23, 2022

“This month’s higher new-home sales number indicates some demand elasticity in the market for new homes.”. “There is a large number of started, but not-yet-completed, homes in the pipeline, so prices will need to adjust to make new homes attractive enough to entice more buyers.”.

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Housing Market Construction Inventory Development 329

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.

Housing Market 411

Housing Market Home Value Contracts Marketing 411

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 432

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

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. Home prices cooled down, and the days on the market grew.

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Buyers Housing Market Mortgage Marketing 525