Remove 2014 Remove Housing Market Remove New Listings Remove Realtors
article thumbnail

The mortgage rate lock-in didn’t start in 2022

Housing Wire

housing market saw dramatic changes in affordability as mortgage rates skyrocketed 500 basis points. After an initial rush to get to market in Q2 2022, new listings volume fell precipitously. We can observe this trend in both the count of new listings per week and in the total number of unsold homes on the market.

Mortgage 366
article thumbnail

Is housing inventory growth really slowing down?

Housing Wire

One of the most important housing market stories in recent weeks has been the decline in new listings , which has slowed the growth rate of total inventory. Once that happens, I can finally take the savagely unhealthy housing market theme off my talking points. What does this mean? million to 1.93

Inventory 519
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Experts optimistic about home sales in 2021

Housing Wire

drop in November , according to a report from the National Association of Realtors. It’s the fourth consecutive decline, but many housing industry observers see big potential for the year ahead. in November compared with 12 months ago, according to CoreLogic ‘s Case-Shiller index – the largest increase since May 2014.

Contracts 529
article thumbnail

Will Springer Realtor - Untitled Article

Will Springer Realtor

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
article thumbnail

A CALL FOR MORE ACCESSORY DWELLINGS AMID HOUSING CRUNCH

Will Springer Realtor

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 Lawrence Yun, chief economist at the National Association of Realtors® said in late July: “There are indications that mortgage rates may be topping or very close to a cyclical high.” of all U.S.

article thumbnail

CAN HOUSING SHORTAGE CATCH UP TO EASTSIDE DEMAND?

Will Springer Realtor

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.

article thumbnail

JUST IN TIME: THE 15-MINUTE COMMUNITY

Will Springer Realtor

“We envision a country where no matter where you live, or who you are, you can enjoy living in a place that is healthy, prosperous and resilient,” Calvin Gladney, CEO of Smart Growth America, told a group of Realtors® in D.C. HOUSING FOR ALL. JULY HOUSING UPDATE. On to new listings, and we start far away.

Buyers 36