Housing Wire

MARCH 25, 2024

I like to point out that consumers are more sensitive to changes in mortgage rates than to the absolute levels, and since rates are now basically unchanged for the month, just easing down from the early March peak of 7.2%, sellers and buyers are tip-toeing back into the market. Inventory will cross over 2020 levels by July.

New Listings 479

New Listings Inventory Contracts Sellers 479

Housing Wire

MARCH 22, 2024

“I think one of the major trends we are seeing is that our overall inventory is up 60% year over year compared to 2023,” said PJ Smith, president of the Naples Area Board of Realtors and the broker-owner of Naples Golf to Gulf Real Estate. “We Smith attributes the uptick in inventory to a bump in new listings.

Insurance 363

Insurance Inventory Marketing Real Estate 363

Housing Wire

MARCH 8, 2024

Real estate agents in the leafy suburbs of Bergen County, New Jersey say the current housing market — with historically low inventory and record-high prices — is actually more challenging than the multiple offer chaos they sweated through during the pandemic. “At Altos considers any score above 30 to be a seller’s market.

Housing Market 391

Housing Market Buyers Agents Marketing 391

Housing Wire

MARCH 6, 2024

Bad for sellers Prospective home sellers may not notice incremental changes in mortgage rates. percentage points—sellers take notice. Facing these realities, many would-be sellers decide to stay put. This is clear in the chart below, which shows the year-over-year percent change in the four-week average of new listings.

Mortgage 381

Mortgage Sellers New Listings Buyers 381

Housing Wire

SEPTEMBER 30, 2020

Realtors can usually count on their biggest season being spring, followed by summer, but nothing about 2020 has been normal, including home-buying patterns. With shut-down orders in the spring, summer became the new home-buying season, but homebuyers were still incredibly active in August. Over the last four weeks ending on Sept.

Real Estate Agent 546

Real Estate Agent Real Estate Agents Realtors 546

Housing Wire

SEPTEMBER 13, 2022

But now this is a real risk. 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. It wasn’t the rate move that caught my attention — it was the new listing data. Can you blame home sellers? The parts of the U.S.

Mortgage 513

Mortgage Inventory New Listings Sellers 513

Housing Wire

FEBRUARY 19, 2021

Lawrence Yun, chief economist for the National Association of Realtors , said last month that he expected momentum to carry over from the end of 2020. million homes were sold in 2020, up 5.6% Home sales continue to ascend in the first month of the year, as buyers quickly snatched up virtually every new listing coming on the market.”

Inventory 542

Inventory Sellers Real Estate Buyers 542

Housing Wire

DECEMBER 3, 2020

Total home sales are outpacing new listings by a wide margin every month, and real estate tech company Homesnap foresees the shortage continuing in 2021 unless more sellers enter the market. The divide between supply and demand is striking: compared to last year, total new listings increased.22%,

Inventory 546

Inventory Housing Market Marketing New Listings 546

Housing Wire

DECEMBER 21, 2022

From NAR : “In essence, the residential real estate market was frozen in November, resembling the sales activity seen during the COVID-19 economic lockdowns in 2020,” said NAR Chief Economist Lawrence Yun. That is a real live talking point, but it will require a job loss recession. Confused by this?

Inventory 505

Inventory New Listings Housing Market Sellers 505

Housing Wire

JANUARY 29, 2021

. “Greater participation of sellers and builders in the months ahead will make home sales possible while easing some of the pressure on price growth, which is currently rising at a double-digit percent rate and has been for almost six months.” Real Estate Tech Demo Day. million in 2020.

Contracts 529

Contracts Real Estate Housing Market Technology 529

Housing Wire

MARCH 29, 2024

But like the temperatures, which are far from the triple-digit figures the residents of the Texas state capital will see in the coming months, local real estate professionals say that even though the market is warming up, it is nowhere near the frenzy at the height of the COVID-19 pandemic.

Housing Market 353

Housing Market Agents Marketing Inventory 353

Housing Wire

FEBRUARY 7, 2024

With mortgage rates briefly topping 8% and home prices breaking records throughout the year, many would-be sellers simply decided not to bother listing their homes, exacerbating already tight inventories. New data from the U.S. When inventory bounces back The extremes of the 2020s have dealt big blows to for-sale inventories.

Inventory 383

Inventory Sellers Mortgage Marketing 383

Listing Spark

SEPTEMBER 25, 2023

It’s been a wild ride for Texas real estate this year! Navigating Texas Real Estate with Rising Interest Rates We’re heading into Q4 of a tough year for the real estate market. Here are five of the biggest change in the Texas Real Estate market.

Real Estate 69

Real Estate Sellers New Listings Inventory 69

Housing Wire

MARCH 1, 2024

Last year was a tough one for the Indiana real estate market. We were up year over year in inventory , but we were at a 25 year low on new listings.” Both buyers and sellers are coming back to the market,” Fischer said. Very few new construction homes are going up in our area,” Diamond said.

Housing Market 395

Housing Market Marketing Inventory Construction 395

Housing Wire

AUGUST 7, 2023

Then, Altos will be on watch to see if another boost in mortgage rates — like last September — derails the real estate market again. It’s no secret that sellers are absent in this market. It was at this point in 2022 when new listings started plummeting each week. Suddenly new listings volume dropped each week.

Inventory 282

Inventory New Listings Contracts Buyers 282

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. in May and a peak of 74.1% That’s still higher than the 56.8% million and 1.92

Inventory 493

Inventory Housing Market Real Estate Agent Buyers 493

Housing Wire

JUNE 17, 2021

The report also shows the housing market also set new records for home-selling speeds and competition, although seasonally adjusted home sales and new listings flattened from April. “Sellers are still squarely in the drivers’ seat, but buyers have hit a limit on their willingness to pay. . from April. .”

Housing Market 525

Housing Market New Listings Sellers Buyers 525

Housing Wire

AUGUST 27, 2020

Home sellers are seeing their homes go under contract in record time, with nine new contracts for every 10 new listings.”. million annualized pace in the second half of 2020. “We are witnessing a true V-shaped sales recovery as homebuyers continue their strong return to the housing market,” said Yun. million, a 1.1%

Contracts 477

Contracts Realtors New Listings Real Estate 477

Housing Wire

JANUARY 20, 2021

How to gain more listing visibility in a shifting housing market. As real estate professionals strategize on how to do business in 2021’s competitive, fast-paced housing market, they’ll discover the need for better tools to market their listings. Presented by: Apartments.com.

Supply Chain 416

Supply Chain Inventory Housing Market Real Estate 416

Housing Wire

FEBRUARY 8, 2024

Altos considers anything above 30 to be indicative of a seller’s market. Real estate professionals throughout the state attribute the resilience of the state’s housing market to its perpetually low inventory problem. In comparison, Chicago has 1,545 listings. As of Feb. Across the state, as of Feb.

Inventory 371

Inventory Agents Housing Market Luxury Properties 371

Will Springer Realtor

MAY 9, 2023

The number of new April listings for all home types in King County (2638) was 10% lower than the previous month, at a time of year when spring real estate activity should be taking off. Seattle had a 6.6% (1045) new-listings decline from the previous month and was down 28% year-on-year (YoY). There are 1.7

New Listings 59

New Listings Inventory Buyers Sellers 59

Housing Wire

SEPTEMBER 22, 2022

With the home-price growth we had in 2020 and 2021, my five-year price-growth model that I set for 2020-2024 of 23% was already smashed in just two years. 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%. million in August.”

Inventory 437

Inventory Housing Market New Listings Mortgage 437

Birmingham Appraisal

JUNE 28, 2022

Has There Been a Shift In The Real Estate Market? From all indications, there has been a definite shift in the real estate market. 5 Real Estate Stats To Keep An Eye On. 1) Active Listings – Active listings in both Jefferson and Shelby County have increased since February. Conclusion.

Real Estate 52

Real Estate Marketing Inventory Sellers 52

Housing Wire

JULY 26, 2022

The market’s insatiable demand for real estate, combined with low interest rates and even lower inventory, created a feeding frenzy that drove insane bidding wars, sent home prices skyrocketing, and frustrated many would-be home buyers. But inventory growth may already be showing some signs of decelerating. Or, if the economy tanks?

Inventory 354

Inventory Sellers Buyers Marketing 354

Housing Wire

JANUARY 20, 2023

With the exception of May 2020, when the pandemic had virtually shut down housing market activity, this is the lowest level of monthly home sales in 12 years.” In a typical spring market, sellers lead buyers, with new listings coming on the market in the early part of the year before buyers start thinking about shopping,” Sturtevant said.

Inventory 338

Inventory Housing Market Realtors Buyers 338

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.

Inventory 413

Inventory Housing Market Investors Sellers 413

Cleveland Appraisal Blog

JANUARY 5, 2023

Interestingly, the highest number of pending sales we saw in recent years was in December 2020. While we still have a significant shortage of housing inventory in Cuyahoga County, we had more active listings last month than we had in December 2020 and 2021. We can expect more listings in the future.

Housing Market 369

Housing Market Marketing Appraisal Inventory 369

Will Springer Realtor

DECEMBER 19, 2023

The region’s real estate scene in 2023 will be remembered for rising home prices and scant new listings. Buyers and sellers tiptoed through caution. As the year dims, all eyes fixate on 2024’s potential: a hopeful dance fueled by dreams of lower rates and a wave of new homes for sale. Um, bye-bye!

Real Estate 68

Real Estate Buyers Sellers Inventory 68

Housing Wire

AUGUST 30, 2022

My observation post-2020 is that many people have never read the total housing inventory data because we still have people who say active listings aren’t low or that it’s fake news. Total Inventory had been growing from 2001-2005; total listings data in 2005 was at the higher historical range of 2.5 million listings.

Inventory 381

Inventory New Listings Law Housing Market 381

Listing Spark

SEPTEMBER 30, 2020

It’s a new month, but it hasn’t gotten any easier for buyers out there. That’s great news if you are a seller though. . Homes are selling at such a feverish pace that active listings are plummeting across the board, further lowering our months of inventory available to buyers. What’s driving this?

Real Estate 69

Real Estate Marketing Inventory New Listings 69

Housing Wire

MARCH 18, 2021

Home prices have skyrocketed in the past year, and data from Redfin backs up what buyers, sellers, and agents have known for months. “This is the strongest seller’s market since at least 2006,” Fairweather said. The national average of home prices rose 14.4% by the end of 2021.

Buyers 545

Buyers Sellers Inventory New Listings 545

Housing Wire

FEBRUARY 6, 2023

28 – Feb 4 ): Fell from 271,954 to 255, 662 One of the concerns I have had with the housing market is the post-2020 inventory channel, which took us to all-time lows. Now that rates are above 6%, we don’t see the same type of housing inflation data we had from 2020 up until rates broke over 5.875% in 2022.

Inventory 434

Inventory Housing Market Marketing New Listings 434

Housing Wire

OCTOBER 15, 2021

In addition, the number of homes that went under contract within two weeks of listing rose to 46% from 42% during the same period in 2020. While demand has remained high, inventory continues to drop with new listings of homes down 8% from a year prior and the total number of active listings down 21% from 2020.

Contracts 397

Contracts Landlords Inventory New Listings 397

Housing Wire

MAY 21, 2021

Despite the decline, housing demand is still strong compared to one year ago, evidenced by existing home sales from this January to April, which are up 20% compared to 2020. from April 2020 as every region recorded a price increase. month supply and down from the 4-month supply recorded in April 2020. .” from April 2020.

Inventory 413

Inventory Buyers New Listings Marketing 413

Housing Wire

MAY 21, 2021

” New listings of homes for sale were down 12% from the same period in 2019, and active listings — the number of homes listed for sale at any point during the period — fell 49% from the same period in 2019. 2019 is being used as a reference point since 2020 data is skewed by the pandemic.).

Housing Market 539

Housing Market Marketing New Listings Mortgage 539

Housing Wire

OCTOBER 21, 2022

With such massive home-price growth in 2020 and 2021 breaking my affordability model, I knew we were at high risk of a more significant sales decline than usual if the 10-year yield broke over 1.94%, which meant 4% + mortgage rates. My premise in the summer of 2020 was that a 10-year yield above 1.94% could change the housing market.

Housing Market 283

Housing Market Inventory New Listings Mortgage 283

Listing Spark

JANUARY 12, 2023

In this episode of Real Estate Real Fast, Aaron Jistel discussed the market trends of 2022 and 2023. Home sellers should focus on their local market and pull out all the stops when listing a house. 2022 Market Trends: Decrease in sales, values, and new listings in Austin, TX; median home value up 9.9%

Real Estate 36

Real Estate Marketing Home Value Inventory 36