Housing Wire

MARCH 18, 2022

While demand is solid, the savagely unhealthy aspect of housing is continuing. Inventory has broken to all-time lows, but it doesn’t look like the year-over-year data will be positive at all this year unless demand softens up. NAR Research : Unsold inventory sits at a 1.7-month NAR Research : Unsold inventory sits at a 1.7-month

Housing Market 540

Housing Market Marketing Inventory Sellers 540

Housing Wire

MAY 19, 2022

million , with double-digit home-price growth driving a housing market that is still savagely unhealthy. However, this year has seen one big game-changer: the 10-year yield finally cracked over 1.94%, which drove mortgage rates over 4%. The real story in housing has been the price boom that we have seen since 2020.

Housing Market 514

Housing Market Marketing Inventory Realtors 514

Housing Wire

NOVEMBER 18, 2022

The National Association of Realtors (NAR) reported today on two trends in existing home sales that we have seen for many months now: sales are declining while total inventory data has fallen directly for the three straight months. The Federal Reserve wanted to see the bidding wars end and the days on the market grow.

Inventory 459

Inventory Marketing Housing Market New Listings 459

Housing Wire

NOVEMBER 19, 2020

The housing market is hot. You may be told that future moderation indicates “cracks in the housing market, but don’t buy into it. I previously wrote that if we really saw cracks in the housing market, these are a few indicators to track and to beware of doom and gloom housing headlines.

Housing Market 545

Housing Market Marketing Inventory Buyers 545

Housing Wire

JUNE 28, 2022

growth for its top 20 city composite, and now you know why my most significant concern for housing was home prices overheating , not crashing like people have warned about from 2012-2021. This data line lags the current housing market as it’s a few months old. Imagine if mortgage rates didn’t rise this year.

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Housing Market Marketing Inventory Investors 447

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.

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Housing Market Marketing Inventory Lending 391

Housing Wire

JUNE 9, 2023

Home prices aren’t crashing, despite what the housing bubble boys are saying. The housing bubble boys are a crew that from 2012 to 2019 screamed housing crash every year. We have had plenty of times in the previous decade when mortgage rates fell and demand improved, but that was with a lot lower mortgage rates.

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Inventory Housing Market New Listings Mortgage 545

Housing Wire

SEPTEMBER 13, 2022

The premise of a mortgage rate lockdown is simple: so many American households have such low mortgage rates that some will never move once rates rise, which then locks up housing inventory. We are getting closer to that period where total inventory traditionally falls. in 2021 and as high as 6.25% in 2022.

Mortgage 513

Mortgage Inventory New Listings Sellers 513

Housing Wire

DECEMBER 4, 2023

mortgages had an interest rate below 5%, according to Zillow. Meanwhile, the average 30-year fixed mortgage rate topped 8% in October. As a result, many homeowners stayed put and kept their mortgages and postponed listing their homes. It deepened an already existing inventory shortage and worsened affordability woes.

Housing Market 391

Housing Market Marketing Transportation Mortgage 391

Housing Wire

MAY 18, 2024

Weekly housing inventory data For the third consecutive week, we haven’t quite reached my weekly target of inventory growth between 11,000 and 17,000 homes. However, we came close to our target with inventory growth of 9,726 and there’s a silver lining: mortgage rates have recently fallen.

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New Listings Inventory Mortgage Contracts 432

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.

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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

JUNE 13, 2023

Mortgage credit availability dropped in May, a consequence of a tougher mortgage landscape that has resulted in lender consolidation as well as high rates and limited inventory that has stretched consumer budgets. The monthly Mortgage Credit Availability Index fell by 3.1%

Mortgage 337

Mortgage Government Lending Contracts 337

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 9, 2022

Lending standards tightened in July with the mortgage credit availability index (MCAI) dropping 9%, the largest monthly drop since April 2020, according to the Mortgage Bankers Association (MBA). Mortgage application volume for refis dropped 82.6% The MCAI fell to 108.8 and the Conforming MCAI decreased by 3.3%.

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Mortgage Government Inventory Lending 359

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.”

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Inventory New Listings Housing Market Sellers 505

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 addition, 47 of 50 markets saw their active listing count decline that month.

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Inventory New Listings Housing Market Mortgage 389

Housing Wire

JULY 13, 2022

Looking at the housing market in the years 2020-2024, one risk i identified early on was that home prices could accelerate more in this period than we saw in the previous expansion if inventory channels broke to all-time lows. housing market as savagely unhealthy. Over the last two and a half years of U.S.

Inventory 539

Inventory Housing Market Mortgage Marketing 539

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

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.

New Listings 467

New Listings Inventory Housing Market Sellers 467

Housing Wire

DECEMBER 29, 2023

And with the ability to buy down consumers’ mortgage rates while still maintaining double-digit margins, new construction grew to comprise roughly 30% of total housing inventory in 2023, more than double a normal year. million housing units due to a severe lack of supply produced between 2012 and 2019.

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Construction Supply Chain Inventory Housing Market 427

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

JANUARY 20, 2022

From NAR: In the last few months of the year, existing home sales have been outperforming my sales ranges noticeably, and I talked about how sales could moderate, but mortgage demand ended 2021 on a solid note. million is if home prices accelerate above my five-year cumulative growth rate of 23% and mortgage rates rise. million to 6.2

Inventory 455

Inventory Housing Market Marketing Mortgage 455

Housing Wire

OCTOBER 12, 2020

Despite what they promised, we sit here today with the United States housing market outperforming all other economic sectors in the world during the pandemic. In order for the housing market to crash due to too many loans going into default when forbearance programs end, the number of loans in these programs needs to grow.

Inventory 545

Inventory Housing Market Marketing Mortgage 545

Housing Wire

MARCH 31, 2022

The online reaction was immediate — housing must be about to crash. That’s not to say that the data points the Fed used are incorrect — in fact, we are in a savagely unhealthy housing market , but it’s not a bubble. First, because there is no speculative debt demand going on today, there can’t be a housing bubble.

Housing Market 517

Housing Market Inventory Lending Marketing 517

Housing Wire

MARCH 22, 2023

Mortgage rates, which climbed upward one day and went down the next in the wake of the recent wave of bank failures, will continue to be volatile before it stabilizes, industry watchers said. “The As that uncertainty drains away, mortgage rates will have smaller day-to-day swings.” What does it mean for buyers, sellers?

Mortgage 361

Mortgage Sellers Buyers Housing Market 361

Housing Wire

JUNE 9, 2022

Mortgage credit availability dipped for three consecutive months, largely due to shrinking refinance loans, according to the monthly Mortgage Credit Availability Index , (MCAI) which fell by 0.9% to 120 in May, the lowest level since July 2021, according to the Mortgage Bankers Association.

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Mortgage Government Inventory Lending 320

Housing Wire

NOVEMBER 15, 2021

The Department of Housing and Urban Development is taking a cautionary approach to changes to mortgage insurance premiums after a banner year for its Mutual Mortgage Insurance (MMI) fund. The capital ratio of the Federal Housing Administration ’s MMI fund reached 8.03% at the end of September, an increase of 1.93

Mortgage 381

Mortgage Insurance Renovations Tools 381

Housing Wire

AUGUST 15, 2023

Keller kicked off the first day of the two-day gathering by offering his take on the housing market and economic conditions. Despite persistent inflation challenges, a volatile mortgage market and limited inventory, Keller said it was still a good time to buy a house. “It

Agents 347

Agents Marketing Real Estate Housing Market 347

Housing Wire

OCTOBER 21, 2020

At its Annual event Wednesday, Mortgage Bankers Association Chief Economist Mike Fratantoni forecast that interest rates could rise in the year to come, but that they will remain near all-time lows. The chart below shows interest rates for the 30-year fixed-rate mortgage will end this year at about 3% and could hit around 3.3%

Mortgage 383

Mortgage Inventory Housing Market Construction 383

Housing Wire

NOVEMBER 18, 2020

The homeownership rate in Texas rose to an all-time high of 70% in the third quarter, exceeding the national metric for the first time since 2012, according to a report from the Texas A&M Real Estate Center. The report said that thanks to record low mortgage rates , new home transactions increased over 8%. According to the U.S.

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Inventory Real Estate Construction Development 403

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. Total housing inventory at the end of May grew to 1.23 million units, up 7% from April’s inventory and down 20.6%

Inventory 397

Inventory Buyers Realtors Housing Market 397

Housing Wire

JANUARY 16, 2024

Redfin attributes these divides to a variety of factors , the most salient of which is that over half (54%) of baby boomers who own homes have no mortgage and those who do have a mortgage have a much lower interest rate than the rate they would end up with if they sold and bought today.

Inventory 419

Inventory Home Value Mortgage Buyers 419

Housing Wire

DECEMBER 22, 2021

It’s the same reason I have given for many years: the American bears who are typically housing crash addicts can’t read data correctly, and the mortgage purchase application data just proved my point once again. Then everyone went crazy on investors and iBuyers , suggesting that these people were holding up the entire housing market.

Inventory 456

Inventory Housing Market Investors Marketing 456

Housing Wire

MARCH 18, 2021

As proof of the impact of the country’s low inventory and high cost of building materials , new listings fell 16% – the second-largest decline on record since Redfin’s data began in 2012, only passed by the drop in April 2020. And even with March well underway, mortgage applications are still in decline.

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Buyers Sellers Inventory New Listings 545

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 Market Inventory Construction Marketing 390

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. How 2020 continues to impact mortgage closings. Presented by: Altisource.

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Housing Market Construction Buyers Inventory 369