Housing Wire

MAY 20, 2024

There are more homes sitting on the market that didn’t get offers at their original list price and have had to reduce their prices than in any recent May. Well, I have revised down my estimates for national home-price appreciation for 2024. This makes buyers even more price-sensitive.

Inventory 392

Inventory New Listings Sellers Contracts 392

Housing Wire

JANUARY 22, 2024

For several weeks, I’ve been reporting data that shows the housing market growing in 2024. Those metrics, specifically the pace of new listings and new sales contracts, slowed this week. Our immediate sales metric of homes that get offers within a couple days of listing also slowed. 50,000 new pendings.

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Real Estate New Listings Contracts Inventory 387

Housing Wire

JANUARY 10, 2024

In this article, we explore nine exceptional real estate lead generation companies that can supercharge your lead generation efforts, each with its unique strengths and limitations.

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Real Estate Real Estate Agent Tools Agents 323

Housing Wire

MARCH 11, 2024

The only way inventory would grow in 2024 is if mortgage rates climbed. New listings To watch whether supply and demand might get out of balance with higher mortgage rates, keep an eye on the new listings volume this spring, not just the total inventory. There were 59,000 new listings unsold this week.

Inventory 499

Inventory New Listings Sellers Real Estate 499

Housing Wire

JANUARY 26, 2024

For comparison, the index is benchmarked at a reading of 100 based on 2001 contract activity. New home sales , another measure of contract signings, rose 8% in December on the back of declining mortgage rates. The trade organization projects a 13% increase in existing home sales between 2023 and 2024 for an annualized pace of 4.62

Contracts 445

Contracts Housing Market Construction Inventory 445

Housing Wire

APRIL 8, 2024

With the Easter holiday last week, data for housing inventory , new listings and the pace of new contracts started all took a breather from their growth pace. Here’s how 2024 is shaping up: There are now more listings, more active inventory and more sales than a year ago. That’s down 8.5%

Inventory 441

Inventory Contracts New Listings Sellers 441

Housing Wire

OCTOBER 31, 2023

At least, that’s what the data seems to suggest as inventory grows and new listings decline at a less aggressive rate than last year. New listings decline isn’t as steep as a year ago There were only 53,000 new listings (single-family homes) unsold this week, plus 10,000 more new listings that are already in contract.

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New Listings Inventory Contracts Housing Market 466

Housing Wire

MARCH 25, 2024

So while we can see currently the prices of home sales holding up, the signals for the end of 2024 and into 2025 seem to suggest we’re heading for flat home prices. New listings Each week this spring we’ve been tracking the new listings volume. In total, new listings data is 14% more than last year.

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New Listings Inventory Contracts Sellers 479

Housing Wire

APRIL 29, 2024

The weekly volume of new listings is now higher than at anytime last year. The bearish take is that there are many more sellers than buyers and inventory is rising. The bearish take is that there are many more sellers than buyers and inventory is rising. housing market at the end of April 2024. orate further?

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Sellers Marketing Inventory Contracts 462

Housing Wire

APRIL 22, 2024

We’re rapidly approaching the peak of the market in terms of seller listings, and as inventory builds, the sales rate will peak by the end of June. But when you add a spike in mortgage rates that makes homebuying less affordable, that leads to fewer buyers and inventory grows. There are now 385,000 single-family homes under contract.

Inventory 474

Inventory New Listings Sellers Contracts 474

Housing Wire

MAY 6, 2024

On May 16, Altos Research is hosting its monthly webinar, where we dive deep on all of the local data trends, as well as the leading indicators for what should happen the rest of 2024. housing market as we roll into May 2024. New listings There were 71,000 new, unsold listings of single-family homes across the country this week.

Inventory 392

Inventory Contracts Sellers New Listings 392

Housing Wire

MARCH 18, 2024

As we started 2024, the signals in the U.S. Rates are off their recent peak of a couple weeks ago, but the latest economic news is still very strong, and the markets are growing less sanguine about interest rates easing significantly soon. Last year, the most common view was that mortgage rates would fall in 2024.

Inventory 384

Inventory New Listings Sellers Contracts 384

Housing Wire

FEBRUARY 9, 2024

Our comprehensive guide to the best real estate marketing tools provides you with a helpful assortment of easy-to-use, effective marketing products to turn your business into a revenue engine in 2024. The more authentic, the better. Think of your social media audience as like the waiting room for your owned audience.

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Tools Real Estate Marketing Real Estate Agent 411

Housing Wire

FEBRUARY 29, 2024

For comparison, the index is benchmarked at a reading of 100 based on 2001 contract activity. Meanwhile, new home sales , which are also a measure of contract signings, reached a seasonally adjusted annual rate of 661,000 in January, up 1.5% NAR’s Pending Home Sales Index (PHSI) decreased to 74.3 in January, down from 77.3

Contracts 371

Contracts Inventory Realtors New Listings 371

Housing Wire

FEBRUARY 26, 2024

Last year at this time, we were seeing surprising home buyer demand with rates having fallen to the low 6s. Each week, there are more new listings than a year ago, allowing inventory to build and eventually leading to more home sales this year than last. And sure enough the number of new contracts started this week dipped.

Sellers 401

Sellers Inventory New Listings Contracts 401

Housing Wire

NOVEMBER 16, 2023

New findings from the National Association of Realtors (NAR) show a fresh picture of who’s buying and selling homes, with more first-time buyers entering the market and families looking for homes that fit multiple generations. Advertising on Zillow can put your brand in front of millions of potential buyers and sellers.

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Real Estate Marketing Real Estate Agent Tools 363

Housing Wire

FEBRUARY 20, 2024

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. It can be hard to communicate all this with buyers and sellers.

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Mortgage Inventory Sellers New Listings 481

Housing Wire

JANUARY 19, 2024

Today, we need context for the growth we’ll see in existing home sales in 2024. Our housing market tracker counts weekly active single-family listings, those homes that aren’t in the contract, and the raw available number of homes for sale. This is a positive for housing in 2024 as most sellers are buyers.

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Housing Market Inventory Contracts Marketing 405

Housing Wire

MARCH 22, 2024

In the nearby metro area of Cape Coral-Fort Myers , active single-family inventory over the previous 90 days averaged 6,500 listings as of March 15, above its March 2020 level of 5,044 listings and approaching its March 2019 level of 7,243 listings. Smith attributes the uptick in inventory to a bump in new listings.

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Insurance Inventory Marketing Real Estate 363

Housing Wire

APRIL 15, 2024

New listings Inventory growth is from a combination of fewer buyers as affordability worsens, but also gradually improving seller volume. There were 66,000 new listings unsold last week plus another 20,000 immediate sales for 86,000 total new listings. This concept is counter-intuitive.

Inventory 373

Inventory Mortgage New Listings Sellers 373

Housing Wire

OCTOBER 10, 2023

If rates stay at 8% or higher, expect to see inventory rise in 2024. Fewer sellers see the upside of listing now New listings volume each week remains very low, and there are very few sellers who want or need to sell into this market. This inventory build is from a dearth of buyers, not from a surge of sellers.

Mortgage 391

Mortgage Inventory Contracts Sellers 391

Housing Wire

FEBRUARY 28, 2024

If you’re struggling to market your business on social media, or worse, haven’t even started yet, you might be in for a rude awakening in 2024. PRO TIP: If you want scroll-stopping hooks and educational content like this without the writer’s block, check out the marketing company who wrote it: Coffee & Contracts.

Real Estate 397

Real Estate Marketing Tools Contracts 397

Housing Wire

SEPTEMBER 12, 2023

The point of the editorial seemed to be to scaremonger over government programs to help home buyers and student loan borrowers. So, the author tried to use new construction prices from back in April to describe the whole U.S. Supply of homes for sale is very low, and most of the year we’ve had more buyers than sellers.

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Contracts Inventory Housing Market Buyers 363

Housing Wire

APRIL 24, 2024

Property Insights help you save, note, and assign MLS property listings of interest to your clients within Top Producer’s CRM. The MLS integration then updates the status and relevant information of listings attached to each of your clients. Today, buyers expect an immediate response to their inquiries.

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Real Estate Clients Tools Contracts 335

Housing Wire

SEPTEMBER 19, 2023

It’s not unusual for a little jump in new listings in September. Buyers early in 2023 had slightly lower rates than now and were optimistic that mortgage rates would go lower still. This change in buyer expectations is adding to the slowness right now. There are 345,000 single-family homes in the contract pending stage.

Housing Market 405

Housing Market Marketing Inventory New Listings 405

Housing Wire

AUGUST 1, 2023

Even as mortgage rates rose, and affordability was pushed out of reach for many potential homebuyers, there are still sufficient buyers who can afford these prices and these rates. The number of buyers has been surprising. The median price of the new listings this week is $399,900. Maybe we’ll pass it in 2024.

Inventory 341

Inventory Contracts Buyers Mortgage 341

Housing Wire

JULY 24, 2023

Pending Sales There are now 378,000 single-family homes in contract. There were 68,000 new contracts for single-family homes this week. In the chart below, the light portion of each bar represents the new contracts each week. But, there were another 15,000 condos and townhomes that went into contract this week.

Inventory 285

Inventory Contracts New Listings Buyers 285

Movoto

MAY 22, 2024

For those currently seeking homes in Colorado , being a shrewd buyer will be more important than in most parts of the country because the state tends to hold its residents. Like many other areas, Colorado house prices have been rising, so buyers should gather as much intel as possible about the homes and areas they’re considering.

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Housing Market Marketing Real Estate New Listings 36

Will Springer Realtor

FEBRUARY 13, 2024

The market is now in the process of thawing after a lengthy cool down, as buyers begin anew to seek change in their home dynamics. There is plenty of pent-up demand from prospective buyers who have watched for months from the sidelines as financing costs remained untenable. That’s a whopping 134% more than December and a solid 7.0%

New Listings 54

New Listings Buyers Inventory Lending 54

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. by December 2024.

Real Estate 68

Real Estate Buyers Sellers Inventory 68

Hank Miller Team

JANUARY 9, 2024

What is the forecast for the Atlanta real estate market in 2024? The high water marks of late spring '22 are visible Rate shocks bottomed in late '22 and over'23 prices climbed back ending up in all categories Peaks to current see about even list prices with 5-5.5 From the peak, contracts and closings are significantly off.

Real Estate 40

Real Estate Marketing Contracts Sellers 40

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. From NAR Research : “Total existing-home sales notched a minor contraction of 0.4% Existing home sales have more legs to go lower, especially now that new listing data is falling.

Inventory 437

Inventory Housing Market New Listings Mortgage 437

Listing Spark

FEBRUARY 7, 2024

As we enter into 2024, we are stepping out of one of the most turbulent years for real estate in Texas in some time. On the heels of the largest run up in home values in recorded history, we saw an abrupt and heavy shift that’s been challenging to grapple with for sellers and buyers. trillion compared to $2.75 trillion in 2021.

Real Estate 36

Real Estate Sellers Home Value Inventory 36

Will Springer Realtor

AUGUST 15, 2023

Ah, for the good old days of 2019 – when we could stomach home prices closer to the mid-million-dollar mark and housing options were somewhat plentiful amid a mildly competitive buyer environment. King County new listings fell 13% from June to July (2158), led by a 20% slide in Seattle (690). on the Eastside. The county saw a 4.9%

Sellers 60

Sellers Buyers New Listings Inventory 60

Lamacchia Realty

JANUARY 25, 2024

The real estate landscape witnessed significant developments in 2023, as the New Hampshire market saw a historic low in listings. Despite this decline, motivated buyers were out there trying to secure a home while also trying to navigate lower affordability and low inventory. Sales in New Hampshire declined by 18.9%

Inventory 52

Inventory Sellers Buyers Contracts 52

Lamacchia Realty

JANUARY 25, 2024

2023 was a notable year in real estate history, but if we had to put our finger on what stood out, it was how the number of homes listed was the lowest in over two decades. It kept inventory down, which propped up prices, but sales are down nearly 22%, and buyers are hungry. Average prices for closed sales increased by 3.4%

Inventory 69

Inventory Sellers Contracts Buyers 69

Lamacchia Realty

JANUARY 25, 2024

reduction in sales, leaving prospective buyers eager to make a move. As interest rates sought to stabilize following their sharp decline in 2020, both buyers and sellers had to acknowledge the end of the era of historically low pandemic-induced rates, and the beginning of higher monthly mortgage payments. Sales Decline by 23.2%

Inventory 57

Inventory Sellers Buyers Real Estate 57