Housing Wire

MAY 22, 2024

Statewide, as of May 17, the 90-day average number of active single-family listings was just 647, slightly above the all-time low of 568 active listings recorded a year ago but well below the 2,400 active listings recorded in May 2019, according to data from Altos Research. There was never a lull in the Providence market,” Pettinelli said.

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Buyers Inventory Marketing Real Estate 261

Appraisal Buzz

JULY 9, 2021

The sizzling seller’s market shows some signs of cooling, but, according to analysts, “only by a few degrees.” ” The post New Listings Return to 2019 Levels appeared first on DSNews. The post New Listings Return to 2019 Levels appeared first on Appraisal Buzz.

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Appraisal Buzz

FEBRUARY 23, 2022

On an unadjusted basis, the Market Composite Index decreased 11% compared with the previous week. The post Mortgage Application Volume Decreases to Lowest Point Since December 2019 appeared first on Appraisal Buzz. The Refinance Index decreased 16% from the previous week and was 56% lower than the same week one year ago.

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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 There is also some pent-up desire to sell being released by a steadier interest rate environment and an overall slower market.

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Housing Wire

MAY 21, 2021

Nearly 50% of homes sold for more than their list price during the four weeks ending May 16, but there are signs that housing market demand may be reaching its peak, according to a recent study from Redfin. 2019 is being used as a reference point since 2020 data is skewed by the pandemic.). . from a year ago.

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Housing Market Marketing New Listings Mortgage 539

Housing Wire

MARCH 6, 2024

Guaranteed Rate hired Bijoy John, former head of marketing at Newrez , as its vice president of marketing. John’s new tasks will include consumer direct marketing and the crafting of strategies for new products. What led me to Guaranteed Rate’s marketing team was Victor Ciardelli’s vision for the company.

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Housing Wire

JANUARY 22, 2024

According to Zillow ’s annual predictions, Indianapolis will be the fourth-hottest real estate market of 2024, thanks to its solid economy, housing inventory, affordability and pent-up demand. The real estate market As of Jan. In November of 2019 the number of single-family homes for sale was at 6,000. 10, 2023. “The

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Housing Wire

MAY 3, 2024

We’ve been a sellers’ market here for at least the past eight years, but probably closer to 10 or 11.“ While this is up from a record low of 7,336 listings set in late April 2022, it is still well below the 29,951 listings in early May 2019, about a year prior to the onset of the COVID-19 pandemic.

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Inventory Housing Market Marketing Real Estate 287

Housing Wire

JANUARY 19, 2024

Plus, seeking the most efficient tools to service this segment and help create income while the for-sale market remains challenged and provides less opportunities. While the single-family home market remains rather stagnant, the U.S. rental segment has been quite fluid.

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Marketing Real Estate Construction Agents 424

Housing Wire

JANUARY 5, 2023

The 2022 housing market was savagely unhealthy , with all-time lows in inventory leading to massive bidding wars and price spikes until the Fed put a screeching halt to all of it with rate hikes that resulted in the most significant one-year spike in mortgage rate history. How I look at rates is intertwined with how I look at the bond market.

Housing Market 526

Housing Market Marketing Inventory New Listings 526

Housing Wire

APRIL 26, 2024

In Texas and Florida , however, key market signals show diverging trends. Major markets such as Tampa, Orlando and Dallas also posted supply growth of 20% to 30% during this period. Listings in Cape Coral were spending a median of 31 days on the market longer than in March 2023 — the largest increase in the nation, Redfin reported.

Housing Market 338

Housing Market Marketing Insurance Sellers 338

Housing Wire

FEBRUARY 27, 2023

We created the weekly Housing Market Tracker because housing data has been so wild since 2020. The housing market madness persisted last week as inventory fell and higher mortgage rates took a bigger bite out of purchase application data. However, we are noticeably down from the 2019 levels. million to reach 2019 levels.

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Housing Market Marketing Inventory New Listings 393

Housing Wire

OCTOBER 11, 2021

housing market this year? If we stick to the facts, however, we can glean a few important take-homes as to what risks the housing market faces for 2021 and beyond. First and foremost, it is important to remember that more Americans are buying homes with mortgages in 2020 and 2021 than any single year from 2008-2019.

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Housing Market Marketing Construction Investors 531

Housing Wire

JANUARY 23, 2023

Here’s the housing market rundown for the last week: Purchase application data had a solid week-to-week gain of 25%. Mortgage rates fell, but the bond market didn’t break what I see as a critical level, so for now, stabilization is more important. Last week’s housing market data provided mixed news.

Housing Market 502

Housing Market Marketing Inventory New Listings 502

Appraisal Buzz

MARCH 17, 2022

Freddie Mac ’s Primary Mortgage Market Survey (PMMS) results show that the 30-year fixed-rate mortgage (FRM) averaged 4.16%. The 30-year fixed-rate mortgage exceeded four percent for the first time since May of 2019,” states Sam Khater, Freddie Mac’s chief economist.

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Mortgage Appraisal Marketing 150

Housing Wire

FEBRUARY 21, 2023

Last June, the Federal Reserve said it wanted a housing reset , which meant it wanted higher mortgage rates to destroy the housing market. Today, the Federal Reserve achieved its primary goal; the days on the market are now above 30 days, which was the most important data line to get housing back to somewhat normal.

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Housing Market Marketing Inventory Buyers 399

Housing Wire

MARCH 8, 2023

It is no secret that the housing market is suffering from an ongoing inventory drought. With just 10% of homes sold in Q4 2022 selling for under $300,000 compared to 41% in Q4 2019, affordability is a growing concern. But if the rates of total housing markets increase by 50% from 2022 to an average rate of 2.3

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Housing Market Marketing Inventory Construction 420

Housing Wire

APRIL 25, 2024

“It is extremely competitive,” DeRoussel said of the Cincinnati housing market. “We According to data from Altos Research , the Cincinnati metro area (which includes portions of Ohio, Kentucky and Indiana) currently has a Market Action Index score of 54, while the state of Ohio has a score of 55. Buyers are really struggling.”

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Buyers Marketing Inventory Investors 369

Housing Wire

NOVEMBER 25, 2020

Many real estate investors were serendipitously ahead of this shift even before the pandemic started, driven by both affordability and an affinity for overlooked markets. Currently I’m in some of the Southern markets like Alabama, Mississippi, Texas, Indianapolis, Ohio. See sidebar for more details on these markets.

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Real Estate Investors Marketing Buyers 545

Housing Wire

SEPTEMBER 17, 2021

Despite several indicators of a slowing housing market, prospective home buyers should not get too excited – inventory remains limited and changes are in line with the traditional seasonal slowdown, according to RE/MAX ’s August national housing report. Low inventory is another indication of a still-scorching housing market.

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Housing Market Marketing Inventory Buyers 493

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.

Inventory 458

Inventory Marketing Housing Market New Listings 458

Housing Wire

MAY 18, 2023

Just when I thought days on market were returning to normal, that number for existing homes fell back down to 22 days. If the days on the market are at a teenager level or even lower, it’s never a good sign for the housing market. Instead, active listings are near all-time lows, which wasn’t the case from 2012-2019.

Housing Market 523

Housing Market Marketing Inventory Mortgage 523

Housing Wire

SEPTEMBER 21, 2021

Additionally, the number of suburban renters grew by 22% between 2010 and 2019, as compared to a 3% increase in the number of suburban homeowners during the same time period. suburb, Merrifield, VA, was also owner-dominated 10 years ago, but as of 2019, it has the highest share of renters (64%) of the 103 suburbs. Washington, D.C.

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Marketing Housing Market Real Estate 443

Housing Wire

MAY 23, 2023

While it’s not as clear how long-lasting the rebound will be, it does still provide some much-needed good news for the spring and summer housing market. Data from NAR also shows a home price correction in nearly one-third of the 221 markets it tracks in the first quarter of 2023. million in February and was at 4.3 million in April.

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Housing Market Marketing Retail Sellers 400

Housing Wire

JANUARY 2, 2023

The housing market has been wild the last few years, making weekly data more critical. This is why I’ve created the Housing Market Tracker — a weekly analysis of purchase apps, housing inventory and mortgage rates that will be published every Monday. Purchase application data.

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Inventory Housing Market Marketing Mortgage 440

Housing Wire

DECEMBER 17, 2020

2020 has been a remarkably strong year for the housing market. Incredibly, next year’s housing market outlook is poised to be much stronger. million homes sold in 2020, a solid 6% growth over 2019. Incredibly, next year’s housing market outlook is poised to be much stronger. We are on pace to see 5.66

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Housing Market Marketing Home Value 546

Housing Wire

SEPTEMBER 7, 2022

Price corrections are coming to housing markets across the United States, Black Knight said following July’s home price decline from June. Relatedly, tappable home equity is expected to pull back in the third quarter as equity-rich markets already saw declines in July. . While July’s home price grew 14.5%

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Housing Market Marketing Home Value Lending 414

Housing Wire

JUNE 7, 2021

During the previous economic expansion from 2008 to 2019, the housing market was subject to the constant refrain of build more homes. The previous economic expansion from 2008 to 2019 was the weakest housing recovery ever. The post Why we can’t build our way out of this hot housing market appeared first on HousingWire.

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Housing Market Marketing Inventory Construction 545

Housing Wire

AUGUST 18, 2020

This means we can add housing starts to our growing collection of V-shaped recovery charts for the 2020 housing market. This is 22.6% (±14.7%) above the revised June estimate of 1,220,000 and is 23.4% (±12.4%) above the July 2019 rate of 1,212,000. We spent parts of 2019 whittling down the excess inventory.

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Housing Market Marketing Construction Inventory 543

Housing Wire

JULY 20, 2021

year over year, suggesting a slowdown in the housing market, according to a recent report from the Mortgage Bankers Association. “Last year was the strongest year in the housing market for new home sales in over a decade,” he said. In 2018-2019, total housing market inventory was in the range between 1.52

Housing Market 493

Housing Market Marketing Inventory Construction 493

Housing Wire

JANUARY 30, 2023

Here’s the housing market rundown for the last week: Purchase application data showed positive weekly growth again — and the bounce from the bottom is more noticeable now. That inflation data didn’t move the market. The economic data has been firm enough to keep the recession talk at bay as the labor market is still holding up.

Inventory 485

Inventory Housing Market Marketing Mortgage 485

Housing Wire

JULY 29, 2021

The following Q&A comes from the HW+ exclusive Slack channel, where HousingWire’s Lead Analyst Logan Mohtashami answered questions on what to make of the latest housing data, his forecast for the rest of this year, and whether or not the housing market is returning to normal. This was my big fear. Become a member today. Already a member?

Housing Market 532

Housing Market Marketing Buyers Mortgage 532

Housing Wire

MAY 29, 2024

The homeownership rate among Black Americans has risen at a faster-than-average rate since 2019, but it remains well below the high point reached in 2004, according to Home Mortgage Disclosure Act (HMDA) data compiled by Zillow. The movement in the housing market exacerbates the economic challenges faced by borrowers of color.

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Home Value Housing Market Tools Finance 342

Housing Wire

AUGUST 3, 2021

When you hear people say that the current housing market is like 2008 all over again, you may want to remind them of the huge differences between this market and that one. The previous economic expansion, from 2010-2019, wasn’t a housing bubble. When you don’t have a boom in housing market demand, it’s hard to have an epic bust.

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Housing Market Marketing Mortgage Real Estate 545

Housing Wire

DECEMBER 28, 2020

From this stronghold I have been able to see past the chaos and view the economy and the future of the housing market through the lens of my core economic principles. million, my number for an outperforming market. Here’s what I think that means for the 2021 housing market. economy would grow faster in 2020 then 2019.

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Housing Market Marketing Law Mortgage 545

Appraisal Buzz

OCTOBER 3, 2022

I started thinking about this when I saw the news coming from the National Association of Realtors about how far the current real estate market is out of balance. months less than what it was in 2019. Appraising real estate in a fast-changing market. In a market that moves as quickly as ours is, often that can be too old.

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Appraisal Marketing Real Estate Inventory 370

Housing Wire

DECEMBER 11, 2020

With it behind us, let’s look ahead at several housing market trends that are likely in 2021 and beyond. average during the 2010 to 2019 time period. Get $75 off your initial membership with coupon code “intro75” The post Housing market outlook for 2021…and beyond appeared first on HousingWire.

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