Housing Wire

JANUARY 18, 2023

Builders feel more confident in the market, housing inventory data is positive and buyer demand for mortgages has increased — but don’t be fooled. In addition, the credit rating agency expects mortgage rates to move even higher in 2023 and home prices to decline by up to 5%. “We

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Housing Market Marketing Insurance Mortgage 410

Housing Wire

SEPTEMBER 27, 2023

Years of rising prices and a prolonged period of increasing mortgage rates have made one issue top of mind for most homebuyers: affordability. That favors markets in the Northeast and Midwest, where prices are lower, and comes at the expense of markets in the West, where prices are higher, recently published data from Zillow suggest.

Home Value 353

Home Value Inventory Housing Market Valuation 353

Housing Wire

APRIL 15, 2024

Competition in the housing market is heating up heading into May and June. Home prices are surging in major U.S. metros, with coastal California cities and Seattle leading the charge in monthly home value growth, according to Zillow’s newest market report.

Housing Market 376

Housing Market Inventory Buyers New Listings 376

Housing Wire

DECEMBER 13, 2023

The housing market cheered as the Federal Reserve signaled interest rate cuts next year after making a series of rapid rate hikes starting in 2022. What does this mean for mortgage rates? Mortgage rates should get better. ” Mortgage rates track the yield on 10-year U.S.

Inventory 457

Inventory Housing Market Mortgage Law 457

Housing Wire

JANUARY 9, 2023

One slice of the single-family home market that has gained traction over the past year in a topsy-turvy housing landscape is the build-for-rent sector — or BFR. The Northmarq report points out that the BFR sector currently accounts for only a small slice of overall home starts, at about 6%. Riding a cresting wave.

Housing Market 544

Housing Market Marketing Construction Development 544

Housing Wire

OCTOBER 3, 2022

Home prices are now posting the biggest monthly declines since January 2009, according to the latest Mortgage Monitor report from Black Knight. Median home prices in August fell 0.98% in August, only slightly better than July’s 1.05% monthly decline. With mortgage rates at 6.7% With mortgage rates at 6.7%

Inventory 523

Inventory Home Value Housing Market Mortgage 523

Housing Wire

NOVEMBER 22, 2023

For the fourth consecutive month , homebuilder confidence sank in November, according to the National Association of Home Builders /Wells Fargo Housing Market Index published last week. The Western pessimism is also unsurprising given the year-over-year declines Western states have seen in home values.

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Inventory Home Value Housing Market Buyers 401

Housing Wire

JULY 6, 2022

Home price growth slowed in May, showing signs of a cooling housing market. But housing is the least affordable it has been since the mid-1980s as mortgage rates rise and home values soar, driven by low housing inventory, a new Black Knight report suggests. in May from a revised 20.4%

Inventory 351

Inventory Home Value Housing Market Mortgage 351

Housing Wire

JULY 26, 2021

The housing market is red hot. The Federal Housing Finance Agency house-price index rose 12% last year due to low inventories and high demand. Redfin , the popular real estate website, reports that nearly 40% of homes in the past month have sold above asking price.

Mortgage 498

Mortgage Lending Real Estate Agent Government 498

DW Slater Company

FEBRUARY 23, 2023

So what’s happening in the housing markets here? The past six months have been full of very drastic changes as the rapid mortgage rate increases causing many markets to begin to decline. The demand for housing decreased with the higher mortgage rates as it decreased buyer power.

Inventory 128

Inventory Marketing Supply Chain Appraisal 128

Housing Wire

FEBRUARY 4, 2022

housing market this year, and we’ll find out which one wins. What are the drivers of housing demand in 2022? 5 predictions for the 2022 housing market. Here are 7 trends to watch in the 2022 appraisal market. Here are 4 macro trends impacting the 2022 housing market. 2022 Forecast series.

Housing Market 353

Housing Market Inventory Home Value Marketing 353

Housing Wire

JULY 26, 2022

How auction buyer data foreshadows housing market shifts. The retail housing market data, released by Redfin at the end of June, shows the median asking price for newly listed homes for sale in the four weeks ending June 26 dropped 1.5% National Home Price Index is a leading measure of housing prices.

Housing Market 364

Housing Market Inventory Retail Marketing 364

Housing Wire

MARCH 29, 2023

Pending home sales rose for the third month in a row in February, but at 0.8%, the uptick over January was less than is typically seen in the run-up to the spring housing market. Pending home sales decreased in all four regions compared to one year ago. Pending home sales rose 0.4% Don’t call it a comeback?

Contracts 282

Contracts Realtors Home Value Housing Market 282

Housing Wire

MARCH 23, 2022

At the end of February, an estimated 407,000 new homes were still for sale, which at the current sales rate represents a 6.3 Buyers are facing a housing market that looks to be as competitive as ever,” Handy said in a statement. This suggests some slowing of demand, which should soften further if mortgage rates continue to rise.

Supply Chain 353

Supply Chain Housing Market Buyers Construction 353

Housing Wire

JANUARY 16, 2024

Redfin attributes these divides to a variety of factors , the most salient of which is that over half (54%) of baby boomers who own homes have no mortgage and those who do have a mortgage have a much lower interest rate than the rate they would end up with if they sold and bought today.

Inventory 419

Inventory Home Value Mortgage Buyers 419

Housing Wire

JULY 28, 2023

High mortgages and stubbornly elevated home prices are worsening the housing affordability crisis. starter” home, up 13% from a year ago, according to a new report from Redfin. In June, the typical starter home sold for a record $243,000, up 2.1% In June, the typical starter home sold for a record $243,000, up 2.1%

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Buyers Housing Market Investors Real Estate 369

Housing Wire

JUNE 10, 2022

His recent article, “Purchase apps are at 2009 level: where’s the inventory?” takes a deep dive into what the heck is going on with purchase applications, housing demand and inventory levels. Are we in a housing bubble?” Of course, the answer is about why this is not the same market — in any way — to post 2008.

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Sellers Housing Market Inventory Buyers 380

Birmingham Appraisal

JANUARY 11, 2023

A Look At The Housing Market in 2022. Over the past three years, the real estate market has seen unprecedented milestones. From record-high sale prices to record-low inventory, the market has shown us that just when we think we know what will happen it will show us something different. Average Days on Market.

Housing Market 83

Housing Market Marketing Inventory Sellers 83

Quicken Loans

DECEMBER 16, 2021

Anyone keeping an eye on the real estate market watched for predictions in 2021. Along with the pandemic, 2020 brought a chaotic whirlwind for the housing market. Mortgage rates dropped down to record lows that carried through much of 2021. In addition, home values and sales skyrocketed.

Housing Market 78

Housing Market Marketing Inventory Real Estate 78

Housing Wire

SEPTEMBER 22, 2021

. “Although there was a decline in home purchases, potential buyers are out and about searching, but much more measured about their financial limits, and simply waiting for more inventory,” Yun said. The median price for all housing types was $356,700, up a notable 14.9% from last year’s median price of $310,400.

Inventory 370

Inventory Buyers Realtors Home Value 370

Housing Wire

FEBRUARY 1, 2023

High interest rates, coupled with a still-low supply of housing, have created price hurtles that are keeping many first-time homebuyers and lower-income borrowers locked out of the housing market. Nobody was doing buydowns in 2020 and 2021 [when 30-year fixed mortgage rates were in the 3% range]. in year one, go to 5.2%

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Marketing Government Mortgage Sellers 404

Housing Wire

MAY 9, 2022

As you can see above, other countries have experienced steep home-price growth and Canada is leading the way. housing market follow Canada? In short, the answer is no, we won’t have the type of home-price velocity that Canada has experienced because our housing market is more diverse than theirs.

Buyers 525

Buyers Housing Market Mortgage Marketing 525

Housing Wire

MAY 25, 2021

In this webinar, MCT COO Phil Rasori and expert guest panelists will review how mortgage lenders can overcome common challenges selling their loans on the secondary market. Higher material costs , a lack of inventory and labor continue to drive demand, pushing up home prices. Presented by: MCT.

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Supply Chain Inventory Buyers Construction 403

Housing Wire

MARCH 9, 2021

In 2019, the typical homeowner in a primarily white neighborhood had $33,000 more home equity than the typical homeowner in a primarily Black neighborhood. “Significant gains in home values fueled equity gains from 2019 to January 2021 for homeowners of all races,” the press release stated.

Home Value 468

Home Value Market Value Brokerage Inventory 468

Cleveland Appraisal Blog

OCTOBER 14, 2021

On many of my appraisals at that time, my opinion of value would not support the contract price. It only takes a few bad appraisers doing this kind of thing to cause home prices to artificially inflate. It is interesting that inventory levels were increasing rapidly in the years leading up to 2008.

Inventory 243

Inventory Market Value Appraisal Contracts 243

Cornerstone

SEPTEMBER 3, 2021

Now that we’ve reached the second half of 2021, it’s apparent: Today’s housing market is breaking records. Here’s a closer look at which four factors are creating this never-before-seen market. The 4 reasons that today’s housing market is unlike any other. A housing inventory shortage.

Housing Market 49

Housing Market Marketing Inventory Loan Officers 49

Housing Wire

MARCH 9, 2022

. “Owning a home continues to be a proven method for building long-term wealth,” Yun said in a statement. “Home values generally grow over time, so homeowners begin the wealth-building process as soon as they make a down payment and move to pay down their mortgage.” in 2010.

Home Value 433

Home Value Realtors Marketing Inventory 433

Eppraisal

JANUARY 28, 2022

Danielle Hale, Realtor.com chief economist states, "We expect a whirlwind 2022 for the housing market. Home sales are expected to increase another 6.6% and home prices to rise another 2.9% " It is already happening, especially in the hot markets. Housing Market Crash in 2022?

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Marketing Home Value Real Estate Housing Market 68

Housing Wire

AUGUST 8, 2023

Busch is vice president and senior mortgage banker at First Savings Mortgage Corporation , a Virginia-based lender that produced $2 billion in mortgages in 2022, less than half the $4.2 billion volume of the previous year, per the mortgage data platform Modex. And he hasn’t done so voluntarily. billion in 2022, down 41.3%

Insurance 315

Insurance Mortgage Clients Lending 315

Listing Spark

OCTOBER 13, 2022

Is that the case for all major Texas housing markets? What should they expect in this housing market? We’ll dive into the state of the Texas real estate market with Real Estate Real Fast host Aaron Jistel. 00:02:50] Peaking into the Fall 2022 Austin housing market. And housing prices are still up! “In

Housing Market 36

Housing Market Real Estate Marketing Buyers 36

Lamacchia Realty

FEBRUARY 27, 2024

Single families: $948,706 (2023) | $1,058,316 (2024) Condos & Townhomes: $504,195 (2023) | $533,283 (2024) Homes Listed For Sale: T he number of homes listed is up by 24% when compared to January 2023. 2024: 12,307 2023: 9,929 2022: 10,583 Pending Home Sales: The number of homes placed under contract is down by 9.1%

Inventory 52

Inventory Sellers Real Estate Buyers 52

Lamacchia Realty

DECEMBER 19, 2023

The number of homes listed increased by 5.7% Mortgage rates in November fell from the October highs, coming down to the low 7s towards the end of the month, per Mortgage News Daily. Inventory levels in Connecticut are not increasing nearly enough to meet the buyer demand in the market. What’s next?

Real Estate 57

Real Estate Sellers Home Value Buyers 57

Lamacchia Realty

FEBRUARY 27, 2024

We have seen significant changes to the real estate housing market over the past few years with factors constantly shifting and situations ever evolving. In Connecticut, inventory is struggling to recover , and therefore the current levels are unable to meet the buyer demand in the market. What does this mean for Buyers

Sellers 58

Sellers Real Estate Buyers Inventory 58

Eppraisal

OCTOBER 31, 2023

   Property Valuation Your home value is the primary determiner of your asking price. Unless you’re desperate to sell and willing to accept less than what you still owe on your mortgage, price your house based on what these sources say it should be worth. Pay attention to rental inventory, too.

Marketing 69

Marketing Real Estate Agent Real Estate Valuation 69

Lamacchia Realty

FEBRUARY 27, 2024

We have seen significant changes to the real estate housing market over the past few years with factors constantly shifting and situations ever evolving. In Massachusetts inventory is up when compared to 2022, but not nearly enough to meet the buyer demand in the market. However, NOW is the best time to list your home !

Sellers 62

Sellers Real Estate Buyers Inventory 62

Lamacchia Realty

DECEMBER 21, 2023

The number of new listings as well as average sale price has increased for single family homes and condos/townhomes across all three counties. Mortgage rates in November fell from the October highs, coming down to the low 7s towards the end of the month, per Mortgage News Daily. What does this mean for Buyers ? What’s next?

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New Listings Real Estate Inventory Sellers 53

Lamacchia Realty

FEBRUARY 27, 2024

We have seen significant changes to the real estate housing market over the past few years with factors constantly shifting and situations ever evolving. In Maine inventory is up when compared to 2022, but not nearly enough to meet the buyer demand in the market. However, NOW is the best time to list your home !

Sellers 56

Sellers Real Estate Buyers Inventory 56