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% Overall active inventory improved 7.9% from December’s annualized rate.

Contracts 431

Contracts Inventory Realtors New Listings 431

Housing Wire

NOVEMBER 21, 2023

Homes typically go under contract a month or two before the closing, which means the October data largely reflects purchase decisions made in August and September. Multiple offers, however, are still occurring, especially on starter and mid-priced homes, even as price concessions are happening in the upper end of the market.”

Inventory 410

Inventory Realtors New Listings Contracts 410

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%.

Inventory 458

Inventory Housing Market New Listings Mortgage 458

Housing Wire

SEPTEMBER 15, 2023

of homes that went under contract that month, according to a new report from Redfin. Home prices not expected to fall Home prices are high due to competition among buyers for limited inventory in the market. New Listings Tick Up Slightly, But Overall Housing Supply Remains at Record Low New listings rose 0.8%

Buyers 421

Buyers Mortgage New Listings Real Estate Agent 421

Housing Wire

AUGUST 27, 2020

The seasonally-adjusted index measuring signed contracts was up 15.5% We are witnessing a true V-shaped sales recovery as homebuyers continue their strong return to the housing market,” said Yun. Home sellers are seeing their homes go under contract in record time, with nine new contracts for every 10 new listings.”.

Contracts 485

Contracts Realtors New Listings Real Estate 485

Housing Wire

NOVEMBER 28, 2023

In September, existing home sales fell, while pending home sales and new home sales rose compared to the previous month. Low levels of existing home inventory contributed to keeping home prices elevated. Simultaneously, new listing volume is up at the end of November, which might cool home prices down.

New Listings 415

New Listings Contracts Inventory Sellers 415

Housing Wire

APRIL 26, 2023

In its last meeting in March, the Federal Open Market Committee (FOMC) raised the federal funds rate by 25 basis points, climbing from 4.75% to 5%, its ninth consecutive rate hike. Experts do see some signs of improvement in housing supply , but it’s still too early to celebrate. The bottom for 2022 was 240,194.

Mortgage 397

Mortgage Loan Officers New Listings Government 397

Realvals

DECEMBER 14, 2022

The following charts provide a comprehensive view of the San Anselmo, California housing market, using data from the local MLS (BAREIS MLS). Bookmark this page if you want to keep up with the trends in the San Anselmo housing market. *. San Anselmo Average Days on Market and Sale Price/List Price %.

Home Value 78

Home Value Housing Market Marketing Inventory 78

Realvals

JANUARY 5, 2023

The charts below offer a realistic portrayal of the housing market in San Francisco, California. The data comes directly from the local Multiple Listing Service (BAREIS MLS), providing a more comprehensive understanding of the true trends in the market. The red line represents the number of pending listings for the month.

Home Value 78

Home Value Housing Market Marketing Inventory 78

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.

Buyers 421

Buyers Real Estate Agent Real Estate Inventory 421

Housing Wire

MARCH 15, 2024

Prospective homebuyers have more options to choose from in the housing market, which could help spur sales this spring. Inventory has been trending upward for the last two years despite persistently high mortgage rates, Mike Simonsen, president and founder of Altos Research , wrote on Monday. The typical home in the U.S.

New Listings 473

New Listings Inventory Home Value Contracts 473

Housing Wire

SEPTEMBER 30, 2020

” Kanacki’s market, like many others, remains competitive as buyers continue to experience bidding wars amid historically low housing inventory and an uptick in home prices. “I 20, the National Association of Realtors said that contract signings were up 23% year over year.

Real Estate Agent 546

Real Estate Agent Real Estate Agents Realtors 546

Realvals

DECEMBER 13, 2022

The Novato, California housing market is accurately depicted in the following charts. The data is sourced directly from the local MLS (BAREIS MLS), providing a comprehensive view of the real estate trends in the market. Bookmark this page if you want to keep up with the trends in the Novato housing market. *.

Home Value 60

Home Value Housing Market Marketing Inventory 60

Empire Appraisal Group

SEPTEMBER 8, 2022

Housing Market Collapse? Housing Market Collapse? The housing market has taken a few hits, such as a doubling of mortgage rates in 2022, but it remains solid even if legitimate news providers suggest doom and gloom. NEW YORK – The rock-hard foundation of the U.S. Housing Market Collapse?

Housing Market 78

Housing Market Marketing Real Estate New Listings 78

Housing Wire

MAY 28, 2024

It’s the end of May and unsold inventory on the market is increasing across the U.S. Every state in the country has more homes on the market now than a year ago and, in many places, new construction is being completed and added to inventory, so it’s not just resale inventory that’s growing.

Inventory 533

Inventory New Listings Contracts Sellers 533

Housing Wire

OCTOBER 15, 2021

One-third of homes that went under contract had an accepted offer within one week of hitting the market, a new report from Redfin found. 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. points from a month earlier.

Contracts 400

Contracts Landlords Inventory New Listings 400

Housing Wire

FEBRUARY 27, 2024

If you’re an agent, team or brokerage looking to keep a pipeline of qualified listing leads coming your way, SmartZip may the solution you need. SmartZip uses predictive analytics to pinpoint likely sellers from 6 to 18 months in advance, offering a huge advantage in today’s low inventory market.

Advertising 430

Advertising Real Estate Tools Sellers 430

Realvals

NOVEMBER 7, 2022

The following charts provide a realistic representation of the San Rafael, California, housing market. The data comes straight from the local MLS (BAREIS MLS), giving you a much more in-depth look into the real trends in the market. The red line represents the number of pending listings during the month.

Home Value 60

Home Value Housing Market Marketing Inventory 60

Housing Wire

APRIL 15, 2024

Higher mortgage rates have forced available inventory to climb all year. Housing inventory There are now 526,000 single-family homes active unsold on the market. jump in unsold inventory in a week is very notable. As mortgage rates rise, inventory rises. So, rates are up and inventory is undeniably growing.

Inventory 431

Inventory Mortgage New Listings Sellers 431

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.

Housing Market 491

Housing Market Marketing Inventory New Listings 491

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. Total available inventory is gradually climbing about 1% per week — last year it was still declining in April. As we roll into the second quarter, we should have accelerating inventory growth each week.

Inventory 466

Inventory New Listings Contracts Sellers 466

Housing Wire

FEBRUARY 12, 2024

Each week — for several months now — inventory levels of unsold homes on the market has been expanding compared to last year. Even as inventory declined this week, it’s relatively growing compared to a year ago. This week, inventory fell by half a percent. That’s 14% more new listings than for the same week a year ago.

Sellers 437

Sellers Housing Market Buyers New Listings 437

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 441

Inventory New Listings Sellers Contracts 441

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 473

Inventory Contracts New Listings Sellers 473

Housing Wire

MAY 22, 2024

So, it was necessary to highlight that for this report because our fresh current inventory data paints a different picture. From NAR : The median existing home price for all housing types in April was $407,600, an increase of 5.7% The chart below shows that the inventory growth rate picked up more in 2024 after March.

Inventory 504

Inventory New Listings Housing Market Contracts 504

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.” Smith attributes the uptick in inventory to a bump in new listings.

Insurance 421

Insurance Inventory Marketing Real Estate 421

Housing Wire

MARCH 11, 2024

Last fall when people were still expecting mortgage rates to be falling this year, it was common to assume rates would be in the low 6s or 5s this year and people asked me if lower rates would bring a flood of inventory. The only way inventory would grow in 2024 is if mortgage rates climbed. But the evidence is the opposite.

Inventory 508

Inventory New Listings Sellers Real Estate 508

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.

Inventory 458

Inventory New Listings Sellers Contracts 458

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 450

Inventory New Listings Housing Market Sellers 450

Housing Wire

NOVEMBER 6, 2023

held up in 2023, sales volume in the housing market cratered. The industry is in a deep housing recession this year. If we get lucky with mortgage rates, though, we might just be at the bottom of the housing market recession right now. To get the weekly picture of the housing market, watch the video above.

Housing Market 508

Housing Market Marketing Inventory Contracts 508

Housing Wire

SEPTEMBER 26, 2023

Available inventory of homes for sale is on the rise in late September, which is very unusual for this time of year. In fact, inventory is growing faster than this time a year ago. This is a demand-driven slowdown, because new listings supply is still running 9% to 10% fewer homes for sale each week than this time last year.

Inventory 491

Inventory Contracts New Listings Mortgage 491

Housing Wire

AUGUST 7, 2023

As a result, the available inventory of homes for sale is slightly higher each week. With fewer transactions, inventory is building just a bit as we approach the end of the summer. When will inventory peak for the year? Inventory Inventory is still climbing just a bit each week as we approach the end of the season.

Inventory 364

Inventory New Listings Contracts Buyers 364

Housing Wire

JUNE 3, 2024

These are the homes that go into contract immediately after listing. We also see new pending sales slowing and price reductions ticking up. Inventory continues to build There are now 605,000 single-family homes on the market. Inventory continues to build each week as mortgage rates stay over 7%.

Inventory 508

Inventory Contracts New Listings Sellers 508

Housing Wire

MAY 13, 2024

hits peak homebuying season, the signals across the country are mixed at best as some markets are accelerating while others are slowing quickly. Inventory continues to build at the national level, something that’s happening most rapidly in the South. real estate market as of mid-May 2024. This is a much different market now.

New Listings 483

New Listings Contracts Inventory Sellers 483

Housing Wire

NOVEMBER 27, 2023

If you follow real estate data closely, you’ll know that inventory rose late into November. You also know that new listings are up over last year, too. Watch the video above to get the latest housing market update from Altos Research. Inventory (finally) peaks for the year Housing inventory was down by 0.7%

New Listings 496

New Listings Contracts Inventory Housing Market 496

Housing Wire

MARCH 25, 2024

Specifically, when housing inventory is 25% greater than a year ago, the supply/demand balance is obviously very different than it has been. Housing inventory The available inventory of unsold homes continued to climb last week. There are now 513,000 single family homes unsold on the market. A year with 5.5

New Listings 500

New Listings Inventory Contracts Sellers 500

Housing Wire

APRIL 22, 2024

After a couple weeks of big jumps for mortgage rates , we’re still seeing relatively surprising strength in the housing market. We’re watching inventory , which continues to grow by 3% each week. housing market for the week of April 22. There are 543,000 single-family homes on the market now.

Inventory 528

Inventory New Listings Sellers Contracts 528