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 We are seeing a healthy increase in inventory, which we really needed.” “We are seeing a healthy increase in inventory, which we really needed.”

Insurance 358

Insurance Inventory Marketing Real Estate 358

Housing Wire

JANUARY 16, 2024

real estate housing market signals have been gradually building for a couple of months. Home sellers are starting to ease back into the market, new listings are finally exceeding the levels of a year ago. As a result, we’re starting to see slightly more available supply of homes on the market. That’s a 1.2%

Inventory 415

Inventory New Listings Sellers Contracts 415

Housing Wire

NOVEMBER 2, 2023

Real estate agents are always looking for vetted, high-quality leads — and especially so during 2023 market conditions. These providers offer a rapid and cost-effective means for real estate agents to gather a list of potential clients and ultimately boost sales.

Real Estate 340

Real Estate Real Estate Agent Tools Agents 340

Housing Wire

JANUARY 22, 2024

For several weeks, I’ve been reporting data that shows the housing market growing in 2024. New listings and new contracts both still show a bit of improvement over 2023, but the growth rates have slid back down. Or maybe both of those things together cause the market to tap the breaks. So the momentum slowed a bit this week.

Real Estate 382

Real Estate New Listings Contracts Inventory 382

Housing Wire

JANUARY 12, 2023

This article is part of our 2022 – 2023 Housing Market Update series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Housing Market Update. planting us firmly in the first days of 2023 where higher rates and prices threaten to completely paralyze the housing market.

Inventory 482

Inventory Investors Construction Housing Market 482

Housing Wire

MARCH 2, 2023

Nationwide, pre-pandemic the first week of February typically marks the lowest point for housing inventory during the year, as sellers return to the market in time for spring, but since the onset of the pandemic this predictable trend has been thrown out the window. “ What happened to ‘normal’?

Real Estate Agent 360

Real Estate Agent Inventory Real Estate Agents 360

Housing Wire

OCTOBER 20, 2023

The world of real estate is constantly in flux, yet one thing remains true: Lead generation is one of the most important requirements for maintaining a successful real estate business. Particularly in the 2023 economy, with interest rates on mortgage rates stubbornly perched around 7.5% By being true to yourself.

Real Estate 362

Real Estate Tools Open Houses Advertising 362

Housing Wire

NOVEMBER 13, 2023

Buying a house was obtainable only for the haves in 2023 as home prices and mortgage rates soared. Homebuyers’ median household income increased by $19,000 this year from 2022, reaching $107,000, according to the National Association of Realtors ’ 2023 Profile of Homebuyers and Sellers. Meanwhile, in September, one-third of U.S.

Real Estate Agent 345

Real Estate Agent Real Estate Agents Sellers 345

Housing Wire

SEPTEMBER 16, 2023

What’s going on with housing inventory ? In reality, the volatility in housing inventory is due to the Labor Day holiday, the start of school and the fact that new listings are trending at the lowest levels ever. Weekly housing inventory Some of the volatility with new listings data has also hit the active listings data.

Inventory 453

Inventory New Listings Housing Market Mortgage 453

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. Housing inventory decreased by 6,468 units, a more pronounced decline from the previous week. However, it has now fallen again, and inventory decreased by 6,468.

Inventory 485

Inventory Housing Market Marketing Mortgage 485

Housing Wire

DECEMBER 4, 2023

Now that Thanksgiving is behind us and December is well under way, we can start looking ahead to the 2024 housing market. New listings and home sales remain low this week while available inventory of unsold homes is finally falling across the country after rising with mortgage rates late into November. Inventory is 1.2%

Housing Market 483

Housing Market Marketing Inventory New Listings 483

Housing Wire

FEBRUARY 21, 2024

With market uncertainty, real estate agents had been sticking with their current brokerage., While inventory is still low, professionals are seeing light at the end of the tunnel. As confidence in the 2024 housing market grows, so does agent’s confidence in their ability to make a move to a new broker.

Real Estate Agent 385

Real Estate Agent Real Estate Brokerage Agents 385

Housing Wire

JANUARY 23, 2024

For what felt like a moment in time, buyers enjoyed the luxury of being incredibly picky, carefully selecting what felt like their dream homes in a market that had shifted towards more favorable conditions. The changing tides Previously, buyers were able to look for over a month, as average days on market continued to climb.

Real Estate Agent 398

Real Estate Agent Real Estate Buyers Agents 398

Housing Wire

OCTOBER 5, 2023

The report reviewed nSkope’s January-April 2023 listings predictions and found 301,314 properties already converted to actual listings through the end of July. Those with children are driving listing inventory today followed by empty nesters and singles,” said Tom Gamble, co-founder and CEO of TKI. Carbondale/Marion, Ill. Duluth, Minn./Wis.

Real Estate 320

Real Estate Marketing Inventory Brokerage 320

Housing Wire

JANUARY 29, 2024

2023 was the weirdest real estate market on record. We played mortgage rate ping-pong, had unprecedented low levels of inventory and still there were escalating prices. Always ask who they know who could use your help buying or selling real estate. All this happened, but you survived it, so go you!

Real Estate Agent 412

Real Estate Agent Real Estate Agents Inventory 412

Housing Wire

DECEMBER 28, 2022

This article is part of our 2022-23 Housing Market Forecast series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Forecast Event. Heading into 2023, it seems well within reason, given current trends, that a peak-to-trough decline in home prices of 10% is possible. . months nationally.

Housing Market 481

Housing Market Marketing Inventory Mortgage 481

Housing Wire

MARCH 30, 2023

But while rates have dropped, the housing market has continued to be challenged by low inventory levels. Altos Research data shows that the weekly inventory fell from 414,278 on March 17 to 413,169 on March 24. Mortgage rates declined for the third consecutive week, sparking hope for a good homebuyers’ spring season.

Inventory 506

Inventory Housing Market Marketing Mortgage 506

Housing Wire

JANUARY 3, 2024

Housing experts expect that a boost in apartment inventory in 2024 will dampen rent growth. Real Estate Market Outlook 2024. In 2024, Austin, Dallas, Nashville and Atlanta will add the most units to their markets. In 2024, Austin, Dallas, Nashville and Atlanta will add the most units to their markets.

Inventory 380

Inventory Construction Property Management Real Estate 380

Housing Wire

MARCH 18, 2024

real estate market were for inventory growth, sales growth and home-price growth across the U.S. At the time, I observed that even if mortgage rates stayed flat, the momentum seemed to be in the cards for broad, slow growth in the market. I talk frequently about how rising rates creates rising inventory.

Inventory 379

Inventory New Listings Sellers Contracts 379

Housing Wire

MAY 21, 2024

In a supply-constrained housing market , even landing a deal at foreclosure auction has become challenging, but those deals tend to be more readily available in markets or neighborhoods that are off the beaten path. It’s very, very market dependent right now. I’m still focusing on those markets with very low (retail) inventory.

Marketing 418

Marketing Investors Real Estate Investing 418

Housing Wire

FEBRUARY 7, 2024

It’s no secret that 2023 was a difficult year to buy a home. 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.

Inventory 378

Inventory Sellers Mortgage Marketing 378

Housing Wire

JANUARY 19, 2023

While home prices have started to inch down, more inventory is needed for a balanced housing market, the Federal Reserve Beige Book said. Housing markets continued to weaken, with sales and construction declining across [all 12 Federal Reserve] districts,” according to the Federal Reserve Beige Book released on Wednesday.

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Inventory Housing Market Marketing Construction 371

Housing Wire

MARCH 12, 2024

Despite elevated interest rates and tight inventory, the national Hispanic homeownership rate reached 49.5% in 2023, with a net gain of 377,000 Hispanic owner households from the previous year. In 2023 alone, Latinos saw a net gain of 450,000 new households and were responsible for 25.5% In total, more than 9.5 of overall U.S.

Real Estate Agent 436

Real Estate Agent Real Estate Buyers Realty 436

Housing Wire

APRIL 29, 2024

It’s still April, so there could be as many as eight more weeks of seller growth in the spring housing market. The bearish take is that there are many more sellers than buyers and inventory is rising. In addition to a higher number of new listings, there were also more new contracts started this week than in any week in 2023.

Sellers 458

Sellers Marketing Inventory Contracts 458

Housing Wire

FEBRUARY 6, 2023

Despite mortgage rates briefly falling below the 6% threshold, both housing inventory and mortgage demand fell last week. Let’s dive into the trend lines of the housing market. The show-me part of the housing market starts with this bounce from an extreme bottom. This week inventory fell 8,664 units from the previous week.

Inventory 430

Inventory Housing Market Marketing New Listings 430

Housing Wire

NOVEMBER 20, 2023

Last week, I asserted that housing inventory growth had finished for the year. This week, the available inventory of unsold single-family homes crept up minimally. It looks like this is evidence that housing markets are returning to normal rather than a case of sellers panicking, but it’s worth keeping an eye on.

Inventory 388

Inventory New Listings Housing Market Sellers 388

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. 10, 2023. “The 19, down from 54.79% on Nov.

Housing Market 381

Housing Market Marketing Logistics Real Estate 381

Housing Wire

JULY 6, 2023

The nation’s housing industry has entered a new normal in which the dynamics of the market appear perplexing — marked by high mortgage rates and high home prices, along with shrinking mortgage originations. Fannie Mae recently projected originations for 2023 at $1.59 trillion, a revision downward from its January estimate of $1.65

Inventory 445

Inventory Renovations Real Estate Government 445

Housing Wire

OCTOBER 16, 2023

Available inventory of unsold homes rose by 1.8% The leading indicators for sales prices show that 2023 will end with home price gains of 1-2% over 2022, but the 2024 outlook is weakening and depends on your view of mortgage rates in Q1 and whether home prices will appreciate next year. Will we see inventory growth YoY by November?

Inventory 432

Inventory Contracts Sellers New Listings 432

Housing Wire

JULY 17, 2023

housing market could have a soft landing in 2023. The market was roaring — way too hot — with bidding wars, speculators and investors who thought they couldn’t lose. A soft landing is how you end that crazy cycle without the massive pain of a market crash or bubble burst. Inventory has fallen all year.

Real Estate 278

Real Estate Marketing Inventory Contracts 278

Housing Wire

JANUARY 31, 2024

RIP 2023 — Whew, that was a year none of us would like to live through again. RealTrends has been tracking housing market data since 1979, including households, home sales, average mortgage rates , etc. The factor for 2023 was 3.58%. Another startling fact was that 2023 saw just over 4 million existing home sales.

Housing Market 371

Housing Market Marketing Inventory Business 371

Housing Wire

MARCH 1, 2024

Last year was a tough one for the Indiana real estate market. Sales from 2022 to 2023 were down 14%,” Mark Fischer, the CEO of the Indiana Realtors Association , said. “We We were up year over year in inventory , but we were at a 25 year low on new listings.” in mid-January 2024. as of February 29, 2024.

Housing Market 390

Housing Market Marketing Inventory Construction 390

Housing Wire

MAY 1, 2024

That puts the national inventory up 31.9% Even looking at the state level may obscure particularities of the markets within them. Inventories shrank universally nationwide through the second quarter of 2021 and began to recover through the second quarter of 2023, but so far in 2024, Texas and Florida have dominated listings growth.

Inventory 385

Inventory Agents Marketing Mortgage 385

Housing Wire

JANUARY 19, 2024

Existing home sales dropped to their lowest level in nearly 30 years in 2023, according to a report from the National Association of Realtors (NAR), released Friday. In 2023, 4.09 Prospective homebuyers have been shut out of the market by a lack of inventory. Compared to a month ago, housing inventory was down 11.5%

Inventory 412

Inventory Realtors Housing Market Construction 412

Housing Wire

JANUARY 9, 2024

Home-equity lending overall found its wings in 2023 as a number of independent mortgage banks ramped up product lines over the course of the year — despite a bump in the road in the third quarter when mortgage rates surged past 7%. Market indicators so far appear tentatively promising. from $490 billion in the second quarter.

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Lending Inventory Mortgage Finance 413

Housing Wire

SEPTEMBER 10, 2023

Last week we saw a noticeable decline in new listings and active inventory was barely positive. Does this mean housing inventory has begun its seasonal decline? That said, I hope we extend inventory growth longer before the seasonal decline. Here are the numbers, according to Altos Research : Weekly inventory change (Sept.

Inventory 445

Inventory New Listings Retail Mortgage 445

Housing Wire

FEBRUARY 8, 2024

Census Bureau , the state lost 32,826 residents from July 2022 to July 2023. Despite the population decline, Illinois’ housing market remains relatively strong. The state has an Altos Research Market Action Index score of 44, which is above the national score of 39. As of Feb. Across the state, as of Feb. Only 61.5%

Inventory 366

Inventory Agents Housing Market Luxury Properties 366