Housing Wire

MAY 18, 2023

If we had a massive credit boom-to-bust, inventory would have skyrocketed in 2022. Instead, active listings are near all-time lows, which wasn’t the case from 2012-2019. NAR Total Inventory Data going back to 1982. housing market inventory channels have changed due to how the U.S. million, up from 1.03

Housing Market 524

Housing Market Marketing Inventory Mortgage 524

Housing Wire

DECEMBER 22, 2021

The National Association of Realtors reported that existing home sales for November came in hot at 6.46 I understand that grifters have to keep the grift going, but not even the Joker would say that the housing market lives off investors and not mortgage buyers. This number is above my sales trend peak of 6.2 million and 6.2

Inventory 453

Inventory Housing Market Investors Marketing 453

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. million homes, according to the National Association of Realtors (NAR).

Mortgage 358

Mortgage Sellers Buyers Housing Market 358

Housing Wire

SEPTEMBER 23, 2022

To understand the impact on borrowers, this week’s increase in mortgage rates to 6.29% resulted in a monthly payment on a $400,000 loan of about $2,470, compared to $1,660 a year ago, according to Nadia Evangelou, National Association of Realtors senior economist & director of forecasting, said in a statement.

Housing Market 366

Housing Market Marketing Mortgage Buyers 366

Housing Wire

AUGUST 3, 2023

Meanwhile, existing-home sales plummeted by 19% in June year over year after declining by 20% in May, according to the National Association of Realtors. We believe this lack of existing homes on the market is pushing prospective buyers toward new homes, bolstering sales and construction,” he added.

Construction 362

Construction Development Finance Mortgage 362

Will Springer Realtor

AUGUST 11, 2023

First, let’s set the scene: Housing inventory is shrinking year to year in most parts of the country and there are no signs of significant replenishment over the horizon. 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.

Buyers 36

Buyers Development Construction New Listings 36

Will Springer Realtor

FEBRUARY 9, 2022

The affordability question is becoming more difficult to justify too, as home prices and interest rates rise amid other challenges facing buyers.“That’s People are looking at higher prices, there’s slim pickings in inventory and now we have higher mortgage rates.”. Buyers with the deepest pockets may wait, however. home buyers.

Buyers 36

Buyers Law Inventory Development 36

Eppraisal

APRIL 12, 2022

The current real estate market is like no other in history in there is a lack of inventory of homes being listed for sale. According to an article in Keeping Current Matters, "A balanced real estate market's inventory sits around 6 months. " There has been a backlog of buyers for a couple years now.

Home Value 36

Home Value Real Estate Buyers Realtors 36

Annarbor Appraisal

APRIL 9, 2020

Price increases both with single-family houses and condominium units started in 2012 in earnest. Buyers, sellers, and the Realtors who work with them are adaptable, and some transactions have continued via virtual showings. Many agents have noted that their buyers are reticent to purchase in this manner.

Buyers 78

Buyers Property Taxes Sellers Realtors 78

Empire Appraisal Group

OCTOBER 28, 2021

On the supply side, a decade of underbuilding of homes, regulatory barriers, high construction costs combined with people staying longer in their homes have kept housing inventory low. It’s because homeowners look great financially, they live in their homes longer than ever and the inventory shortage is creating forced bidding,” he says.

Inventory 78

Inventory Housing Market Construction Real Estate 78

Houston Properties

JANUARY 12, 2022

This is more concerning now that 71% of Houston Realtors have sold less than 5 homes in their entire career. Why We're Fearful: Buyer & Seller Mistakes. I’m A Buyer. Best Houston Realtors: Paige Martin & The Houston Properties Team. Best Houston Realtors: Paige Martin & The Houston Properties Team.

Real Estate 36

Real Estate Marketing Real Estate Agent Realtors 36

Will Springer Realtor

JANUARY 10, 2023

Will Springer, Realtor®. A bright spot for buyers: Active listings for all homes as of Jan. That is the lowest annual figure since 2012 (27,601), according to MLS data. months of inventory, down from 2.2 Inventory in both Seattle and on the Eastside was at 1.8 I hope you enjoy reading this monthly report.

Housing Market 36

Housing Market Marketing Inventory Real Estate 36

Houston Properties

JULY 21, 2022

The Best Houston Realtor to Sell Your Home. It was completed in 2012 and is now home to the Houston Dynamo. Most of the current inventory is composed of single-family homes and townhomes. The Best Houston Realtor to Sell Your Home. 2020: #1 Individual Agent, Keller Williams, Texas (Top Keller Williams Realtor).

Real Estate Agent 36

Real Estate Agent Real Estate Realtors Agents 36

Cornerstone

MARCH 12, 2021

The long answer: Here are several solid reasons why: Housing inventory remains at record lows , while buyer demand has reached record highs. It’s expected that a prospective buyer might see rising home prices as being less affordable. But with all that’s going on, you know your standard answer won’t cut it.

Clients 62

Clients Sellers Loan Officers Real Estate 62

Will Springer Realtor

AUGUST 9, 2021

“There is a strong desire for homeownership across this country, but the lack of supply is preventing too many Americans from achieving that dream,” said Lawrence Yun, chief economist for the National Association of Realtors® (NAR). Housing affordability decreased in 45 of the 50 states from 2012 to 2019. percentage points.

Construction 36

Construction Inventory Property Taxes Development 36

Will Springer Realtor

MAY 12, 2021

Amid the challengers for buyers, there is an expectation for housing activity to continue puffing its Thomas the Tank Engine without a misfire – at least through early summer – before possibly lowering a gear. One of the reasons for the continued home-sales intensity – in any season – is a key group of “new” buyers. this year. >>

Real Estate 36

Real Estate Inventory Buyers Construction 36

Will Springer Realtor

DECEMBER 8, 2021

GREATER BUYING POWER Buyers who are struggling to purchase a home in this frenzied housing market will receive a bit of a lifeline in 2022. For example, a mortgage-approved buyer will be able to purchase a $938,000 single-family home (or possibly townhome or condo) with 5% down and keep within the new threshold.

Sellers 36

Sellers Marketing Supply Chain Construction 36