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. million and 7.3

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Housing Wire

JANUARY 20, 2022

The National Association of Realtors reported that existing home sales for December came in as a miss of estimates at 6.18 The housing bubble boys of 2012-2020 turned into the forbearance crash bros of 2021 and have been nothing but an epic disaster in their forecast, which has now ended with the lost decade of bad housing calls.

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Housing Wire

JUNE 22, 2021

million, the National Association of Realtors reported on Tuesday. The low amount of existing homes left on the market continued to experience overheated prices from consistent competition. The median existing-home price for all housing types in May was $350,300, up 23.6% Total housing inventory at the end of May grew to 1.23

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Housing Wire

DECEMBER 22, 2021

The National Association of Realtors reported that existing home sales for November came in hot at 6.46 million , that would mean it’s a good year for housing demand. Then everyone went crazy on investors and iBuyers , suggesting that these people were holding up the entire housing market. million and 6.2

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Housing Wire

MARCH 22, 2023

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). The national median existing-home sale price fell 0.2%

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Will Springer Realtor

JANUARY 10, 2023

Each month, this blog will publish a fresh assessment of the King County area housing market. Will Springer, Realtor®. 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 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. Deitz said the “underbuilding” in the home market between 2012-2019 “left us with the housing deficit.” Census Bureau , after jumping 20% in May.

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Empire Appraisal Group

MAY 25, 2023

has 6 of Top 10 Price-Increase Metros | Florida Realtors FHFA: Fla. has 6 of Top 10 Price-Increase Metros By Kerry Smith The FHFA House Price Index in 4Q 2022 found an 8.4% These negative pressures were partially offset by historically low inventory.” © 2023 Florida Realtors® The post FHFA: Fla. in top-ranking Bradenton.

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Empire Appraisal Group

OCTOBER 28, 2021

USA TODAY spoke to eight experts to find out if a housing crash is on the horizon. For one, they say the housing market in 2021 is not like the boom-bust cycle leading up to the Great Recession. Given the strong housing market and price appreciation, banks are more likely to work with borrowers to restructure their loans.

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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. A seller may prefer to put off their plans and wait until the market is stable. But with all that’s going on, you know your standard answer won’t cut it.

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Houston Properties

JANUARY 12, 2022

Houston Real Estate Market Forecast: Current Data & 2022 Predictions. Concerned about a housing market crash? This is more concerning now that 71% of Houston Realtors have sold less than 5 homes in their entire career. For the broad Houston real estate market, all major indicators point to growth during the year.

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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. AUGUST HOUSING UPDATE.

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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. also the oldest age of a first-timer ever recorded by the National Association of Realtors® (NAR). homes shy of what’s needed today.

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Will Springer Realtor

MAY 12, 2021

Warns Danielle Hale, chief economist with realtor.com: “While younger Millennial and Gen Z buyers are expected to play a growing role in the housing market, fast-rising prices will create a bigger barrier to entry for the many first-time buyers in these generations who don’t have existing home equity to tap for down payment savings.”.

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Will Springer Realtor

FEBRUARY 9, 2022

People are looking at higher prices, there’s slim pickings in inventory and now we have higher mortgage rates.”. The aim is to generate more multi-family housing, from duplexes to fourplexes. For our housing market, it’s time to have that talk. Inventory remains a big concern. home buyers. from the end of 2020. >>

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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. households were formed between 2012 and June 2021 but just 7M new single-family homes were built in that time. Monthly inventory stands at 0.4 Clair via email or phone (206-934-5449).

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