Housing Wire

MARCH 18, 2022

Inventory has broken to all-time lows, but it doesn’t look like the year-over-year data will be positive at all this year unless demand softens up. NAR Research : Unsold inventory sits at a 1.7-month NAR Research : Unsold inventory sits at a 1.7-month However, negative year-over-year inventory is not what we want to see.

Housing Market 541

Housing Market Marketing Inventory Sellers 541

Housing Wire

APRIL 20, 2022

However, the real story of 2022 is that the savagely unhealthy housing market continues as inventory is still lower than last year, sending home prices growth into double digits again. housing market; the 10-year is above 1.94%, something that didn’t happen in 2020 or 2021. 2014 was the last year total inventory grew.

Housing Market 480

Housing Market Marketing Inventory Mortgage 480

Housing Wire

MAY 19, 2022

million , with double-digit home-price growth driving a housing market that is still savagely unhealthy. This is something that I said would change the tone of housing, and we are seeing that result this year as sales decline and inventory picks up. Inventory is always seasonal. Today inventory levels are at 1.02

Housing Market 517

Housing Market Marketing Inventory Realtors 517

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. Housing inventory issue with no booming demand. However, we haven’t had a credit sales boom like the one we saw from 2002-2005. million listings.

Inventory 381

Inventory New Listings Law Housing Market 381

Housing Wire

MAY 17, 2023

Transactions in the fix and flip market have been booming in recent years, with more than 407,000 homes flipped in 2022, up 14% over 2021 and up 58% over 2020, according to a recent report by real estate data firm ATTOM. More investors keep looking to flip homes … but are making less and less in the process “ ATTOM CEO Rob Barber said.

Finance 352

Finance Marketing Renovations Investors 352

Housing Wire

DECEMBER 21, 2022

In addition, this is the fourth straight month of inventory declining, while days on the market are growingl! From NAR : “In essence, the residential real estate market was frozen in November, resembling the sales activity seen during the COVID-19 economic lockdowns in 2020,” said NAR Chief Economist Lawrence Yun.

Inventory 511

Inventory New Listings Housing Market Sellers 511

Housing Wire

APRIL 8, 2022

Home prices are skyrocketing, housing inventory is at all-time lows and homebuyers have to contend with multiple bids. In time, markets always find balance and balance is a good thing. Inventory velocity. April 10, 2020: We needed a lot of inventory, fast. April 2022: Inventory has not recovered. Can this last?

Housing Market 392

Housing Market Marketing Inventory Lending 392

Housing Wire

MARCH 21, 2023

Because housing data and all economics are so violent lately, we created the weekly Housing Market Tracker , which is designed to look forward, not backward. This is the wild housing action I have talked about for some time and why the Housing Market Tracker becomes helpful in understanding this data. Look at the Inventory data below.

Mortgage 483

Mortgage Housing Market Inventory Law 483

Housing Wire

MAY 24, 2022

Going back to the summer of 2020, the one factor that I said could change the housing market was the 10-year yield getting above 1.94%. The market is savagely unhealthy and needs balance; this is what we call balance! As you can see, sales levels were never elevated like what we saw from 2002-2005. Guess what happened in March?

Housing Market 391

Housing Market Inventory Construction Marketing 391

Housing Wire

JULY 1, 2021

Although low and stable mortgage rates have kept the housing market booming over recent months, a deterioration in affordability and for-sale inventory has led to a market slowdown.”. For some economists, rising rates are the better option for counterbalancing the market.

Mortgage 493

Mortgage Housing Market Realtors Inventory 493

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%. Needless to say, this was a very precarious and unhealthy market.

Inventory 545

Inventory Housing Market Marketing Mortgage 545

Housing Wire

JUNE 8, 2022

I am going to do my best to try to make sense of what is happening with the housing market right now, since the years 2020-2024 have been a talking point of mine for years and my biggest concern since the fall of 2020 has been prices overheating — not having a deflationary collapse. . Total inventory grew this year, and sales were negative.

Inventory 545

Inventory Housing Market Marketing Mortgage 545

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. The only risk to that 6.2

Mortgage 449

Mortgage Inventory Housing Market Construction 449

Housing Wire

JANUARY 20, 2022

I have never been a housing sales boom person because I don’t believe we can have a credit boom in America like we saw from 2002 to 2005. I stressed early in 2021 that people should have been more concerned about home prices overheating in 2021 than a forbearance market crash. million to stabilize the market.

Inventory 458

Inventory Housing Market Marketing Mortgage 458

Housing Wire

SEPTEMBER 8, 2022

The housing market is very subsidized for demand to grow and whenever the economy gets weaker, rates fall and that impacts the housing market in a disproportionate way. This can lead to home prices getting out of control , especially when total inventory gets to all-time lows. This is what we do in America.

Inventory 543

Inventory Law Housing Market Design 543

Housing Wire

DECEMBER 22, 2021

Then everyone went crazy on investors and iBuyers , suggesting that these people were holding up the entire housing market. I understand that grifters have to keep the grift going, but not even the Joker would say that the housing market lives off investors and not mortgage buyers. Home prices and days on market.

Inventory 465

Inventory Housing Market Investors Marketing 465

Housing Wire

MARCH 28, 2022

mortgage loan originations, the largest annual volume on record since 2005. year-over-year decrease in refinance volume and the rise of a purchase market. To succeed in a purchase market, lenders should track the following 10 metrics. trillion in U.S. in 2022, representing a decline in volume from $3.9 trillion in 2021 to $2.6

Marketing 349

Marketing Real Estate Agent Business Transportation 349

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. The days on market grow, which gives people more choices and less forced bidding.

Buyers 526

Buyers Housing Market Mortgage Marketing 526

Housing Wire

APRIL 14, 2022

Then, the mortgage industry showed why it is called a cyclical business: in the second half of 2021, the Federal Reserve signaled an increase in interest rates and an easing of the purchase of mortgage-backed securities, choking the refi market. Pennymac estimates it has 17% market share in the correspondent channel, compared to 1.4%

Mortgage 519

Mortgage Marketing Retail Lending 519

Housing Wire

OCTOBER 21, 2020

Housing inventory and prices. Given the low interest rates that are driving demand, housing inventory has become a rising concern. MBA Associate Vice President of Industry Analysis Joel Kan explained that current inventory rests at just a three-month supply. trillion in 2005.

Mortgage 389

Mortgage Inventory Housing Market Construction 389

Empire Appraisal Group

JUNE 2, 2022

Is FOMO Fueling the Real Estate Market? Source: Is FOMO Fueling the Real Estate Market? Housing markets continue to run hot, despite rising interest rates and home prices. Rising interest rates and higher home prices would normally cool a hot housing market, yet the national and local real estate scenes continue to run red hot.

Real Estate 78

Real Estate Marketing Housing Market Investors 78

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. We got to as low as 0.32% on that Monday morning in March when the crisis was hitting the markets the hardest. The forecast.

Housing Market 541

Housing Market Inventory Mortgage Marketing 541

Housing Wire

APRIL 8, 2021

By October, the market value of Zoom exceeded that of Exxon-Mobile , reflecting the dichotomy of an intransigent society staying at home and working remote. Rising mortgage rates will certainly be tolerated by the market. In fact, the largest home purchase year in this nation’s history was 2005 when rates were near 7.5%.

Development 413

Development Lending Mortgage Marketing 413

Housing Wire

JUNE 15, 2022

In a tight housing market with a shortage of inventory and soaring rates, many homebuyers are opting for ARMs, which carry lower rates for an initial period of fixed interest and amortize over a 30-year term. . in 2005, the MBA said. But from the supply side, there’s not a lot of liquidity in the secondary market.

Mortgage 355

Mortgage Bracketing Loan Officers Investors 355

Lamacchia Realty

APRIL 15, 2022

When Will the Housing Market Change? Now all the above factors are finding a place to land, and everyone is asking: When will the market change? Sellers kept listing, albeit, at a much slower pace, and buyers were buying at the highest rate in over 15 years, absorbing inventory faster than ever. Available Inventory.

Marketing 66

Marketing Sellers Buyers Inventory 66

Robinson Appraisal Group

MARCH 22, 2018

Are you one of the people scouring the internet for the perfect house, driving around your favorite neighborhoods hoping to see a For Sale By Owner sign, stalking the “Coming Soon” house advertised and stressing out about what will be available on the market if you put your house up for sale??

Advertising 78

Advertising Landlords Real Estate Inventory 78

Will Springer Realtor

DECEMBER 14, 2021

What did we see in 2021 Seattle/King County homeowners that were on the ball likely timed their sales at one of the highest temperatures of market hotness in recent years. At the same time, many others found themselves reluctant to market their homes amid a fear of not having a clear replacement strategy. days (November 2021). =.

Real Estate 69

Real Estate Buyers Construction Sellers 69

Appraisal Today

JUNE 17, 2022

NOTE: Please scroll down to read the other topics in this long blog post on real estate market, USPAP and contracts, unusual homes, mortgage origination stats, etc. ==. My Comments on Market Changes. Fannie and Freddie have long said that they want appraisers to tell them about their markets. When will it affect your market?

Appraisal 52

Appraisal Contracts Real Estate Mortgage 52

Appraisal Today

MAY 27, 2022

The market changing again with increasing interest rates, in the inevitable ups and downs of mortgage lending. Trying to use the 2005 URAR form is sometimes like trying to put a square peg in a round hole! Make money while the market is still good!! ==. The book is a series of lessons that can help appraisers.

Construction 52

Construction Appraisal Modernization Contracts 52