Housing Wire

JUNE 9, 2023

In 2022, mortgage rates got as high as 7.37%, so the question was: how low do rates have to go for housing demand to get better? On June 16, 2022, I put the housing market into a recession , which is where housing demand, housing jobs, housing income and housing production all drop.

Inventory 545

Inventory Housing Market New Listings Mortgage 545

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. From the index : I know it seems strange, but existing home sales are falling, and the monthly supply of new homes is at 10.9 New listings are declining now.

Inventory 381

Inventory New Listings Law Housing Market 381

Housing Wire

AUGUST 3, 2022

People thought the mortgage rate drama in 2013-2014 was a lot when rates went from 3.5% The question is, can lower mortgage rates save the housing market from its recent downtrend? We saw this in 2013-2014 and 2018-2019. We see some of this in the active listing data as new listings are declining.

Mortgage 498

Mortgage Inventory Sellers Housing Market 498

Housing Wire

OCTOBER 11, 2022

There’s a showdown at the housing market corral between homebuyers and sellers. When I came up with the “ savagely unhealthy housing market ” label in February of this year, it was based on the premise that the housing inflation story that we have had to deal with since 2020 was a historical event.

Sellers 498

Sellers Inventory Housing Market New Listings 498

Housing Wire

APRIL 1, 2024

But now sellers are coming back into the market. New listing volume last week was 18% more than a year ago. NAR reported 33% all cash buyers, which is the most since 2014 when buyers were still cleaning up distressed properties. That’s 60,000 new listings and another 17,000 immediate sales.

Inventory 457

Inventory New Listings Contracts Sellers 457

Will Springer Realtor

MAY 13, 2024

today – may hold the keys (literally and figuratively) to the housing conundrum. Baby Boomers still have a significant impact on various aspects of society, including the housing market, healthcare and the economy. home sales in 2023, the highest level since 2014. But for how long? By 2035, they will be between 73 and 91.

HOA 36

HOA Transportation Construction Buyers 36

Housing Wire

JANUARY 29, 2021

Realtor.com’s Housing Market Recovery Index showed significant contract growth, specifically in Portland, Las Vegas, Denver, Los Angeles, and Boston. There is a high demand for housing and a great number of would-be buyers, and therefore sales should rise with more new listings,” Yun said.

Contracts 529

Contracts Real Estate Housing Market Technology 529

Will Springer Realtor

MAY 9, 2023

years, according to recent data, when it was only about five years just before the housing market crash of 2007. new Hispanic homeowner households have joined the market since 2014, bringing the current number of Hispanic-owned homes in the U.S. The average tenure for homeownership is now at a historic high of 10.7

Real Estate 36

Real Estate Modernization Construction Supply Chain 36

Will Springer Realtor

AUGUST 9, 2022

What is true is that every time we lean in and face the headwinds of economic weakness the housing market is a welcome refuge.As cities to determine the fastest-rising housing markets and two in our area ranked in the Top 25. 48% own homes, reflecting a steady rise since 2014. Everett claimed the No. of all U.S.

Inventory 36

Inventory Buyers New Listings Construction 36

Will Springer Realtor

MAY 9, 2022

DID SOMEBODY SAY, ‘HOUSING BUBBLE?’. Are we in a housing bubble? The housing market has become bubbly,” said economist Enrique Martinez-Garcia of the Federal Reserve Bank of Dallas. He was one of the authors of a recent report that found signs of a housing bubble in the real estate market.

Architecture 36

Architecture Design Buyers Construction 36

Will Springer Realtor

JULY 9, 2021

Since 2014, prices have risen across the board for all the projects ranked in the report, but this year has seen a spike in prices. The National Association of Realtors® recently announced a new partnership with the LGBTQ+ Real Estate Alliance, a nonprofit that promotes homeownership and advocates for greater equality in housing.

Buyers 36

Buyers Development Transportation Inventory 36