Housing Wire

JULY 29, 2022

A few months ago, the United States housing market failed Econ 101. metropolitan areas in February 2022, based on year-over-year growth in median listing price according to the residential real estate listing website, Realtor.com. The table also reports the year-over-year percent change in new listings for each market.

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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. The event is exclusively for HW+ members , and you can go here to register. Home Prices will fall, but don’t expect 2010. months nationally.

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Housing Wire

DECEMBER 7, 2022

For months I have been saying we were going to have challenging comps from October to January because last year at this time mortgage volume was rising — a rare event this late in the year. One issue that has created a waterfall dive in purchase application data and sales is that new listing data is declining faster than usual.

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Housing Wire

JANUARY 16, 2023

The weekly data shows some good news for the housing market ! With mortgage rates also falling, I am hopeful that more people will list their homes and buy another, so we can get back to a more functional housing market. This is good news for the housing market. The week ahead.

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Housing Wire

MARCH 19, 2023

The housing market was crazy again last week. Mortgage rates fell as the banking crisis got worse and purchase application data grew for the second week in a row, but the big question is: Did we hit the seasonal bottom in housing inventory? I am hoping it’s just a one-week event. Weekly inventory increased by 1,734.

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Housing Wire

DECEMBER 21, 2022

We have had two historic events that created a waterfall dive in demand recently; we now have precise data showing new listing data declining with those events, which shows how important that data line is to housing demand. This is the biggest story in housing. . economic history. . economic history. .

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Housing Wire

FEBRUARY 10, 2024

While weekly inventory is still falling, we have year-over-year growth in total active listing and new listings data. We might have an average year in housing compared to the past four years! For the first time in a while, this was a good week for new listing data. What is all this data pointing to?

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Housing Wire

JANUARY 20, 2023

housing market , we just experienced an event that most people never thought could happen. The Federal Reserve wanted a housing reset , and it got a housing recession, with activity falling the fastest since the brief pause during COVID-19. During that period, we saw new listing data decline.

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Housing Wire

MARCH 9, 2024

Given our current economic data and without a new critical global event, this range should stick. Weekly housing inventory data The positive story for housing in 2024 has been the inventory growth we have seen year-over-year. We haven’t broken either yet. It’s a plus for mortgage rates that the U.S.

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Housing Wire

NOVEMBER 11, 2023

We saw some good growth this week, and hopefully, in 2024, we can close the gap and get back to 2021-2022 data on new listings. That is the critical period for new listing data to grow; remember, most sellers are buyers. Weekly inventory change (Nov. 10) : Inventory rose from 566,882 to 566,941 Same week last year (Nov.

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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%.

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Miller Samuel

JUNE 28, 2020

Keeping Housing Market Results From The Public Is Never Justified: An Expansive View. When the Covid-19 crisis began halfway through March, the Manhattan housing market was placed on “pause,” as were many housing markets around the country. Transparency is always the right strategy.

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Housing Wire

JUNE 18, 2023

Active housing inventory grew while new listing data fell. This dynamic changed the housing market from one where home sales were crashing to one that is now stabilized. 9 is a critical date because that’s when the housing market turned. I explain how this happened in this recent podcast.

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Will Springer Realtor

DECEMBER 12, 2023

The Seattle area housing market right now reads like a mystery novel with half the pages missing. The Eastside led the way with a 33% drop-off in new listings (420) and Seattle fell 31% (586). By comparison, there were exactly 2900 new listings across our county in November 20 years ago. higher YoY.

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Housing Wire

JANUARY 1, 2024

The 2023 housing market faced one of the same roadblocks we saw in 2022: mortgage rates were too high for home sales growth. Now that we’re in 2024, the Federal Reserve ‘s rate hike cycle is over, so let’s look at what that means for housing demand and home prices. What could make home prices decline?

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Housing Wire

JUNE 4, 2023

Here’s a quick rundown of the last week: Active inventory grew 3,180 weekly , and new listing data fell week to week and is still trending at an all-time low in 2023. However, I am grateful we even saw some traditional spring inventory growth this year because new listing data is trending at all-time lows.

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Empire Appraisal Group

AUGUST 3, 2023

Hurricanes present unique housing market events. Their immediate impact on the local real estate market is harsh, but investors often rush in and the number of real estate transactions bounces back and often increases. Put another way, the metro area had a net gain of 415 more new listings. Bokhari says.

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Will Springer Realtor

OCTOBER 11, 2022

Seriously though, there must be a ceiling to rising rates that have all but extinguished a robust housing market. housing market is experiencing a price “correction,” defined as a 10% price drop from its most recent peak. OCTOBER HOUSING UPDATE. Learn more about this live/virtual hybrid event.

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Housing Wire

FEBRUARY 3, 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. The event is exclusively for HW+ members , and you can go here to register. The median price of new listings is currently $379,900.

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Housing Wire

MARCH 1, 2024

We were up year over year in inventory , but we were at a 25 year low on new listings.” 23, 2024, the 90-day average for single family listings in the state was 9,927, down from 14,314 single family listings in late February 2020. “It We have a pretty strong market heading into spring,” Fischer said. “I

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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.

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Housing Wire

MARCH 14, 2022

One of the biggest questions in real estate right now is how rising interest rates will impact the housing market. The market has been so hot, many worry that rising rates will finally be the catalyst to pop the bubble. The post Mike Simonsen: How rising rates impact the housing market appeared first on HousingWire.

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Housing Wire

NOVEMBER 5, 2021

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. Aspen, Colorado. This content is exclusively for HW+ members.

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Housing Wire

NOVEMBER 24, 2020

14, a move that suspended open houses , although private showings are allowed with no more than five people. What is this second lockdown going to do to the red-hot Seattle housing market? Members of the MLS added 10,428 new listings to supply in October, up 24% from last year, but pending home sales were only at 11,039.

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GoForrmz

OCTOBER 26, 2022

In 2021 , we saw houses receive multiple offers and sell for thousands of dollars over asking price within hours. Now as 2022 starts to wind down, a lot of people are trying to forecast how the housing market will turn out in 2023. But there is one thing for certain: technology has changed the overall industry.

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Housing Wire

MAY 2, 2022

This article is part of our housing market update series. At the end of this series, you can join us on May 10 for a Housing Market Update webinar. To register for the HW+ event, go here. The impact on housing markets. To contact the editor responsible for this story: Brena Nath at Brena@hwmedia.com.

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Housing Wire

OCTOBER 11, 2022

There’s a showdown at the housing market corral between homebuyers and sellers. When I came up with the “ savagely unhealthy housing market ” label in February of this year, it was based on the premise that the housing inflation story that we have had to deal with since 2020 was a historical event.

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Will Springer Realtor

MAY 13, 2024

today – may hold the keys (literally and figuratively) to the housing conundrum. Baby Boomers still have a significant impact on various aspects of society, including the housing market, healthcare and the economy. With the settlement, a wave of new listings hit the market in the past several weeks.

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Hank Miller Team

OCTOBER 1, 2021

In highly competitive housing markets with desperate buyers and multiple offers, it might seem pointless to write a backup offer, but why not? Simply put, a backup offer is an accepted offer that immediately becomes primary in the event the current accepted offer fails. Should you consider a backup offer? What is a Backup Offer?

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Eppraisal

JUNE 20, 2023

List your desired amenities (e.g., Setting Realistic Expectations Understand the local housing market and pricing trends Balance your budget with your desired features Be open to compromise while keeping your non-negotiables in mind C. backyard, garage, etc.) Prioritize your preferences to help narrow down options B.

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Will Springer Realtor

FEBRUARY 13, 2024

The Seattle/King County housing market appears to have come through the worst of times with a slightly stronger showing in January than in previous months. And, despite the rise in new listings, the number of homes still on the market on Feb. fewer (1842) than on Jan. from a year ago. more versus January 2023.

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Housing Wire

APRIL 13, 2024

Things are hapenning fast with mortgage rates, which is why I update HousingWire’s Mortgage Rate Center page with analysis every weekday morning — looking at how the bond market reacts to economic data or an event that can move rates. Weekly housing inventory data Usually, I would jump for joy at last week’s inventory growth.

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Housing Wire

OCTOBER 21, 2022

Earlier in the year, I labeled this a savagely unhealthy housing market based on the premise that Inventory would break to all-time lows, creating forced bidding and causing days on the market to collapse. My premise in the summer of 2020 was that a 10-year yield above 1.94% could change the housing market.

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Will Springer Realtor

JANUARY 9, 2024

It’s a positive shift that could soon reshape the landscape of the housing market, offering hope and opportunities for those eager to embark on a new homeownership journey. The 802 new listings last month were a low not seen since records were archived online from 1990. But by how much? Outdoors Show, Jan.

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Will Springer Realtor

DECEMBER 12, 2023

I wrote in this newsletter 12 months ago about the bumpy – maybe even bruising – housing market of 2022 across Puget Sound and most of the country. Ready to complete another year, the residential real estate market has not improved – some might say it got a little worse. Some events have fees and/or limited parking.

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Will Springer Realtor

AUGUST 9, 2022

What is true is that every time we lean in and face the headwinds of economic weakness the housing market is a welcome refuge.As You don’t have to be a scientist to realize the number of climate-related events has increased in frequency and intensity across the globe. The county’s condo market is going through similar gyrations.

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Will Springer Realtor

AUGUST 11, 2023

We need to take an approach to the housing crisis that embraces change, is inclusive and extremely productive. BY THE NUMBERS >> The West has suffered the greatest from the housing-market downturn over the past year, according to ATTOM Data Soluti ons, which indicated 23 of the 50 worse-off U.S. Snoqualmie).

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