Housing Wire

JANUARY 22, 2024

Indianapolis, which had 880,600 residents as of July 2022, offers a very strong and steady real estate market that attracts buyers looking for a more affordable lifestyle. In November of 2019 the number of single-family homes for sale was at 6,000. Indianapolis is more affordable than much of the country.

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Housing Wire

JANUARY 9, 2023

The housing market saw inventory fall 4% last week from the week before. Traditionally, we do see housing inventory fall in the month of December, however, we clearly saw in the second half of 2022 that higher rates created more days on the market and inventory was lingering longer. That’s a big one-week change.

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Inventory Housing Market Marketing New Listings 519

Housing Wire

MAY 22, 2024

Looking at the chart above, inventory started growing late this year, but it seems normal compared to 2017-2019. This growth is a positive housing story in 2024, something I talked about on Yahoo Finance this morning. I love that new listings data is growing yearly, but it’s been too light for me. million in April.

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Inventory New Listings Housing Market Contracts 449

Housing Wire

JANUARY 16, 2023

The weekly data shows some good news for the housing market ! With mortgage rates also falling, I am hopeful that more people will list their homes and buy another, so we can get back to a more functional housing market. This is good news for the housing market. The week ahead.

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Housing Wire

MARCH 14, 2022

One of the biggest questions in real estate right now is how rising interest rates will impact the housing market. The market has been so hot, many worry that rising rates will finally be the catalyst to pop the bubble. Price appreciation slows, and homes take longer to sell. And let’s not forget the effect of inflation.

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Housing Wire

MARCH 22, 2024

Unlike many other metropolitan areas across the country , the housing market in Southwest Florida is comparably flush with for-sale inventory. “I Smith attributes the uptick in inventory to a bump in new listings. Smith attributes the uptick in inventory to a bump in new listings.

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Housing Wire

APRIL 15, 2024

Competition in the housing market is heating up heading into May and June. metros, with coastal California cities and Seattle leading the charge in monthly home value growth, according to Zillow’s newest market report. These metros also continue to grapple with below-average inventory recovery, maintaining pressure on buyers.

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Housing Wire

JULY 21, 2021

share in June 2019. above its asking price, that means it was listed for $301,872, said Daryl Fairweather, Redfin’s chief economist. “Many buyers who have been priced out of the market for single-family homes have turned to condos,” Fairweather said. share in June 2020 and the 20.2% year over year.

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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.

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Inventory New Listings Contracts Sellers 457

Housing Wire

JANUARY 12, 2023

The housing inventory shortage dominated much of the conversation surrounding the housing market in 2022, but thanks to softening homebuyer demand, the number of active listings finished the year up 54.7% compared to the year prior, according to Realtor.com’s December Housing Report. compared to December 2019.

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Inventory Buyers New Listings Sellers 518

Housing Wire

MAY 28, 2021

Diving deeper, for the two week period ending May 9, 2021, 57% of homes that went under contract had an accepted offer within the first two weeks on the market. But until then, the housing market will remain red-hot.” ” How real estate agents can alleviate consumer pain points in a tight market.

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Housing Wire

NOVEMBER 16, 2020

According to multiple real estate agents and mortgage brokers, low interest rates and a high percentage of “essential” jobs in their town has kept the housing market and local economy strong. That’s even with home prices jumping to an average of $226,000 in September – an 18% jump from September 2019. 7,” Raitu said.

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Housing Wire

SEPTEMBER 13, 2022

Typically we have a natural set of new listings each year; inventory rises in the spring and summer and then falls in the fall and winter. However, we have entered a tricky period in housing economics where we might have to take this premise more seriously since mortgage rates recently got as low as 2.5% The parts of the U.S.

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Housing Wire

DECEMBER 2, 2021

During the four week period ending November 28, the number of active listings was a 23% decrease compared to the same time period in 2020 and a 42% drop compared to 2019. The number of new listings was also down compared to 2020, dropping 4%, but it was 12% higher than the number of new listing during the same time period in 2019.

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Housing Wire

MARCH 6, 2023

“Today, we see buyer demand dampened under pressure from rising rates and their impact on affordability, with purchase rate-lock volumes cooling in late February,” Andy Walden, vice president of enterprise research strategy at Black Knight, said in a statement. As of the week ending Feb. Months of supply stagnated at about 3.1

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Housing Market Marketing Inventory Sellers 374

Housing Wire

MAY 24, 2021

The National Association of Realtors Confidence Index Survey for April reveals how hot the housing market is. Per the report, homes that sold had five offers on average , and nearly 50% of homes sold for more than their list price during the four weeks ending May 16. The pandemic continues to impact how people live and work.”

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Housing Wire

NOVEMBER 18, 2022

On a positive note, however, the days on the market are no longer a teenager anymore: that metric grew from 18 days to 21 days. I cheer because the savagely unhealthy housing market theme I talked about back in February of this year was the same premise of the housing reset talking point the Federal Reserve uses.

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Inventory Marketing Housing Market New Listings 459

Housing Wire

MAY 8, 2024

Since most sellers are buyers, inventory should be stable if demand is stable. Now, nobody is listing their homes to sell and buy unless they’re 100% pre-qualified. On top of more legitimate buyers, we fixed the credit markets, meaning housing credit looks fantastic. Demographics also play a role here.

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Inventory Law New Listings Sellers 416

Housing Wire

MARCH 11, 2024

Market outliers The Gulf markets from Southwest Florida over to Louisiana now have inventory levels mostly back above their pre-pandemic levels of 2019 or higher. There were 59,000 new listings unsold this week. Last year there was still a lot more buyer momentum than sellers. Last week, 30.5%

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Inventory New Listings Sellers Real Estate 499

Housing Wire

FEBRUARY 20, 2024

The housing market data has been changing very rapidly this year. New listings rise New listings continue to show us that more sellers are interested in this market this year. With just under 50,000 new listings unsold coming to the market this week, that’s now 16% more than the same week a year ago.

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Mortgage Inventory Sellers New Listings 481

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.

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Sellers Inventory Housing Market New Listings 498

Housing Wire

JULY 13, 2021

bidding-war rate Redfin saw in June 2020, when the housing market was starting to rebound from a temporary standstill triggered by pandemic shutdowns, said Laura Sechrist Molenda, a Redfin real estate agent based in Southern California. But recently, we’ve started to see buyers get cold feet. in May and a peak of 74.1%

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Inventory Housing Market Real Estate Agent Buyers 493

Housing Wire

NOVEMBER 9, 2022

million, something that couldn’t happen from 2008-2019 because we didn’t have the demographic profile to get to that level until household formation grew. However, the housing market did run into one problem in 2020. I knew housing would be OK as long as home prices only grew at 23% over five years — 4.6%

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New Listings Inventory Housing Market Sellers 467

Housing Wire

MARCH 18, 2024

Although I don’t have any capacity to predict interest rates, I do know what happens to the housing market if rates rise or fall from here. While inventory is growing across the country, some markets are way more impacted and already have more homes on the market than in 2019 or 2020 just before the pandemic.

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Inventory New Listings Sellers Contracts 384

Housing Wire

MARCH 6, 2024

Armed with data from HousingWire sister company Altos Research , we can see in minute detail how the housing market responded to the recent 7%-and-higher rate environment and what the market may see again soon. In the first week of March, for example, the share of listings with price cuts ranged 25-27.2% in 2019-2020, 16.9-17.2%

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Mortgage Sellers New Listings Buyers 381

Housing Wire

DECEMBER 21, 2022

Plus, available housing inventory remains near historic lows.” ” One of the housing economic realities that I have been trying to stress this year is that a traditional seller of a home is typically a buyer as well. This is the biggest story in housing. . economic history. . As we can see below, the U.S.

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Inventory New Listings Housing Market Sellers 505

Cleveland Appraisal Blog

JANUARY 5, 2023

We all needed some rest from the crazy housing market we’ve experienced in recent years. Like most markets across the country, the Cleveland area housing market has been red hot for the past few years. How have the rapidly increasing mortgage interest rates impacted the housing market in Northeast Ohio?

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Housing Market Marketing Appraisal Inventory 369

Housing Wire

FEBRUARY 5, 2024

This is not a recipe to keep the home buyer momentum we saw building in December. Remember that the way to more selection for home buyers is with higher mortgage rates. Spring buyers’ market It’s the spring buyers market and inventory is falling each week. There are more buyers than sellers.

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Mortgage Inventory Sellers New Listings 403

Housing Wire

MAY 6, 2024

The good news for the housing market is that the pace of sales is gradually improving due to the expanded supply. housing market as we roll into May 2024. Housing inventory There are now just under 600,000 single-family homes on the market. More home sellers are coming back to the market each week.

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Inventory Contracts Sellers New Listings 392

Housing Wire

SEPTEMBER 22, 2022

The savagely unhealthy housing market theme of mine is running in full force now as we have gotten no relief on home prices and now have a mega jump in mortgage rates. . Since the summer of 2020, I have talked about what could change the housing market, which was a 10-year yield above 1.94%, which means rates over 4%.

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Inventory Housing Market New Listings Mortgage 437

Housing Wire

JUNE 7, 2022

That’s according to Black Knight , which just released a white paper that studies how long it would take to sell all the homes currently listed for sale in a given market based on a prevailing sales rate, if no new listings are added (a metric it calls “months of remaining inventory”). year over year.

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Inventory Housing Market Investors Sellers 413

Housing Wire

JANUARY 29, 2021

It’s the fourth consecutive decline, but many housing industry observers see big potential for the year ahead. from December 2019, with all regions (Northeast, Midwest, South, West) reaching double-digit year-over-year increases. However, contract signings rose 21.4%

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Contracts Real Estate Housing Market Technology 529

Housing Wire

JANUARY 13, 2024

In any case, we will keep an eye on housing inventory going out in the future. As you can see, we are still a bit away from my ultimate goal of having total active listings back to 2019 levels. We can grow new listings from these depressed levels and get more demand. 2022 21.7%

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Boston Appraisal

JULY 22, 2019

The housing market across the country, and especially in Boston and New England, is experiencing a growth trend that’s accelerated over the last few years. have dramatically risen, reaching a record high in early 2019. on a year-over-year basis from March 2019 to March 2020. Index Points in April of 2019.

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Boston Appraisal

JULY 22, 2019

The housing market across the country, and especially in Boston and New England, is experiencing a growth trend that’s accelerated over the last few years. have dramatically risen, reaching a record high in early 2019. The Housing Market Is Going Strong… for Now. Index Points in April of 2019.

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Marketing Housing Market Real Estate Buyers 78

Housing Wire

AUGUST 27, 2020

year over year, largely on the back of pent-up demand from buyers who were unable to strike deals during the spring, said Lawrence Yun, chief economist of the National Association of Realtors. “We We are witnessing a true V-shaped sales recovery as homebuyers continue their strong return to the housing market,” said Yun.

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Contracts Realtors New Listings Real Estate 477

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