Housing Wire

JANUARY 20, 2023

housing market , we just experienced an event that most people never thought could happen. From NAR : “December was another difficult month for buyers, who continue to face limited inventory and high mortgage rates ,” said NAR Chief Economist Lawrence Yun. The days on market were too low.

Inventory 540

Inventory Housing Market New Listings Marketing 540

Housing Wire

SEPTEMBER 22, 2022

Even though this was a beat of estimates, the sales decline trend due to higher mortgage rates and home prices continues. 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. . million in August.”

Inventory 478

Inventory Housing Market New Listings Mortgage 478

Housing Wire

MAY 9, 2022

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. housing market is more tied to mortgage buyers. from 2002-to 2005, which led to forced credit selling.

Buyers 532

Buyers Housing Market Mortgage Marketing 532

Housing Wire

OCTOBER 12, 2020

Some of their biggest hits (or should I say misses) in the last 8 years have been the never-realized silver tsunami crash, the ever popular investor supply crash, the Airbnb supply crash, and this year, COVID-19 was for sure going to send prices crashing 30%-50%. Mortgage demand, too, is at an 11-year high.

Inventory 545

Inventory Housing Market Marketing Mortgage 545

Housing Wire

AUGUST 30, 2022

While the growth rate is cooling monthly, we are still in a savagely unhhealthy housing market trying to get national inventory levels back to pre-COVID-19 levels. However, we haven’t had a credit sales boom like the one we saw from 2002-2005. Case in point, purchase application data is already below 2008 levels today.

Inventory 397

Inventory New Listings Law Housing Market 397

Housing Wire

APRIL 8, 2022

One of the reasons that I moved into the “team higher mortgage rate” camp is that what I saw in January, February, and March of this year was so unhealthy that I labeled the housing market savagely unhealthy. However, a cool-down in prices is not the same thing as a housing crash. We had a credit boom.

Housing Market 418

Housing Market Marketing Inventory Lending 418

Housing Wire

MARCH 23, 2022

We finally got mortgage rates to rise, and for people like me who have been concerned about how unhealthy the housing market was last year — and it got a lot worse this year — it’s a blessing that was much needed. This sector on an apples-to-apples basis is more expensive than the existing home sales market. percent (±11.9

Mortgage 480

Mortgage Inventory Housing Market Construction 480

Housing Wire

JULY 19, 2022

real estate investors and affordable homes. The June housing starts data beat estimates with positive revisions, however, this doesn’t change the housing market recession call that I made last month. As you can see, the entire housing marketplace is much different from what we experienced in 2008.

Housing Market 521

Housing Market Marketing Construction Real Estate 521

Housing Wire

MAY 26, 2022

It’s an excellent time to discuss housing inventory. The housing market shifted in March of this year. As the 10-year yield broke above 1.94% and mortgage rates rose, we saw the impact on housing data. Yes, crazy to think, but this is a survey trend data line, and the housing market was in free-fall at that time.

Inventory 514

Inventory Housing Market Construction Marketing 514

Housing Wire

MAY 24, 2022

A few months ago, I wrote that the new home sales sector is at risk because of rising mortgage rates. A lot of the housing data was lagging the rate move, so it wasn’t apparent that higher rates impacted the data yet. As you can see, sales levels were never elevated like what we saw from 2002-2005. Slow and steady wins the race.

Housing Market 417

Housing Market Inventory Construction Marketing 417

Housing Wire

DECEMBER 20, 2021

Even in the extreme conditions of COVID-19, my general premise on housing economics predicted that the two variables with the most influence — demographics and mortgage rates — would hold up the housing market. The 10-year yield and mortgage rates. The forecast. Current conditions don’t support this. The backstory.

Housing Market 543

Housing Market Inventory Mortgage Marketing 543

Housing Wire

DECEMBER 22, 2021

It’s the same reason I have given for many years: the American bears who are typically housing crash addicts can’t read data correctly, and the mortgage purchase application data just proved my point once again. Then everyone went crazy on investors and iBuyers , suggesting that these people were holding up the entire housing market.

Inventory 489

Inventory Housing Market Investors Marketing 489

Housing Wire

JANUARY 26, 2022

The bearish take on housing for the second half of 2021 didn’t really pan out, especially in the new home sales sector. What I believe occurred is that some housing investors took the decline in builders confidence and the increase in monthly supply to push that something bad was going to occur quickly. This is 11.9

Construction 456

Construction Marketing Mortgage Sellers 456

Will Springer Realtor

OCTOBER 11, 2022

At what point will mortgage interest rates peak? Seriously though, there must be a ceiling to rising rates that have all but extinguished a robust housing market. While investors of mortgaged securities help dictate their interest rates, the Federal Reserve is behind the scenes influencing the overall lending environment.

Housing Market 36

Housing Market Marketing Buyers Real Estate 36

Will Springer Realtor

NOVEMBER 9, 2022

The housing market in and around King County was moving along swimmingly at the start of 2022, with homes selling briskly and buyers taking advantage of interest rates in the 3s. and jump in mortgage rates of 4 percentage points has created a housing market belly flop. Give us some cooling – stat! “We

New Listings 36

New Listings Housing Market Inventory Buyers 36

Housing Wire

JANUARY 20, 2022

From NAR: In the last few months of the year, existing home sales have been outperforming my sales ranges noticeably, and I talked about how sales could moderate, but mortgage demand ended 2021 on a solid note. million is if home prices accelerate above my five-year cumulative growth rate of 23% and mortgage rates rise. million to 6.2

Inventory 490

Inventory Housing Market Marketing Mortgage 490