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 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.

Inventory 453

Inventory Housing Market Marketing Mortgage 453

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 358

Mortgage Sellers Buyers Housing Market 358

Housing Wire

JUNE 22, 2021

million, the National Association of Realtors reported on Tuesday. 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% Unsold inventory sits at a 2.5-month

Inventory 394

Inventory Buyers Realtors Housing Market 394

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 million last year.

Housing Market 524

Housing Market Marketing Inventory Mortgage 524

Eyes on Housing

MARCH 21, 2023

A brief drop in mortgage rates and a pullback in home prices boosted existing home sales in February, according to the National Association of Realtors (NAR). The 30-year mortgage rates averaged less than 6.3% in February per Freddie Mac and the median sales price in February posted the first decline since February 2012.

Realtors 168

Realtors Mortgage Inventory 168

Housing Wire

DECEMBER 22, 2021

The National Association of Realtors reported that existing home sales for November came in hot at 6.46 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. million and 6.2

Inventory 453

Inventory Housing Market Investors Marketing 453

Housing Wire

SEPTEMBER 23, 2022

Stick around and see if mortgage rates climb into the 7% range. Mortgage-backed securities are right about the worst place on the duration spectrum for this move. Mortgage-backed securities are right about the worst place on the duration spectrum for this move. .” Blake Bianchi, CEO of Future Mortgage.

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. In a recent earnings call, Sheryl Palmer, chairman and CEO of national homebuilder Taylor Morrison , said about two-thirds of homeowners now have mortgage interest rates below 4%.

Construction 362

Construction Development Finance Mortgage 362

Empire Appraisal Group

MAY 25, 2023

has 6 of Top 10 Price-Increase Metros | Florida Realtors FHFA: Fla. House prices grew at a much slower pace in recent quarters amid higher mortgage rates and a decline in mortgage applications” says Dr. Polkovnichenko, supervisory economist in FHFA’s Division of Research and Statistics. year-to-year rise – but 20.1%

Realtors 78

Realtors Inventory Finance Housing Market 78

Empire Appraisal Group

OCTOBER 28, 2021

In the years before 2008, mortgage lenders made subprime loans to borrowers without verified income or adequate down payments while pushing risky loan products. Stronger mortgage market. It was a complete erosion and deterioration of credit underwriting standards in the economy, in the mortgage market,” he says. “It

Inventory 78

Inventory Housing Market Construction Real Estate 78

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. Gen Z members were born between 1997 to 2012.

Home Value 36

Home Value Real Estate Buyers Realtors 36

Annarbor Appraisal

APRIL 9, 2020

Not that long ago, the United States in general experienced a significant decline in property sales prices due to the Great Recession and the mortgage market fallout. Price increases both with single-family houses and condominium units started in 2012 in earnest. Year to year trends. On this date, our world changed even further.

Buyers 78

Buyers Property Taxes Sellers Realtors 78

Will Springer Realtor

JANUARY 10, 2023

Will Springer, Realtor®. That is the lowest annual figure since 2012 (27,601), according to MLS data. Those experts also believe home sales (excluding new construction) should fall about 10% YoY in King County unless mortgage rates slide below 6% and job certainty solidifies – two factors that would help boost activity.

Housing Market 36

Housing Market Marketing Inventory Real Estate 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. Low rates may lower a monthly mortgage payment, making now an ideal — and affordable — time to trade up or downsize. The short answer: Yes, it’s a prime time to sell.

Clients 62

Clients Sellers Loan Officers Real Estate 62

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. Best Houston Realtors: Paige Martin & The Houston Properties Team. "A good and experienced Realtor should protect their clients from making bad mistakes, specially when putting emotions over data. Zip Code: 77082.

Real Estate 36

Real Estate Marketing Real Estate Agent Realtors 36

Clear Capital

JUNE 30, 2021

Note that due to unprecedented conditions in spring 2020 (due to COVID restrictions) and tight inventory in spring 2021, the year-over-year numbers based upon paired sales in certain rapidly-rising markets (like Phoenix) may be overstated. Overall, the Northeast and the Mid-Atlantic have been laggards since real estate bottomed in 2012.

Marketing 69

Marketing Real Estate Government Investing 69

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

FEBRUARY 9, 2022

“That’s a triple whammy hitting potential homebuyers,” notes Len Kiefer, deputy chief economist at Freddie Mac, which buys many of our mortgage loans from lenders. People are looking at higher prices, there’s slim pickings in inventory and now we have higher mortgage rates.”. The new fees will take effect on April 1. “As

Buyers 36

Buyers Law Inventory Development 36

Will Springer Realtor

MAY 12, 2021

Home prices are overheating, mortgage rates are inching up from the start of the year and the supply of homes is in an unseasonable valley – far from its Mt. Today, 37% of all buyers are Millennials and they comprise about 54% of all mortgage applications. Its data show home prices have far outpaced incomes since 2012.

Real Estate 36

Real Estate Inventory Buyers Construction 36

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.

Buyers 36

Buyers Development Construction New Listings 36

Will Springer Realtor

DECEMBER 8, 2021

The federal guarantors of most consumer mortgages have agreed to raise the borrowing limits on 30-year conforming loans. Every year loan limits established for mortgage backers like Fannie Mae and Freddie Mac are reviewed and adjusted according to regional home values. 1, to $891,250 in King, Pierce and Snohomish counties. SCAM ALERT.

Sellers 36

Sellers Marketing Supply Chain Construction 36