Housing Wire

DECEMBER 21, 2022

In addition, this is the fourth straight month of inventory declining, while days on the market are growingl! “The principal factor was the rapid increase in mortgage rates, which hurt housing affordability and reduced incentives for homeowners to list their homes. . Plus, available housing inventory remains near historic lows.”

Inventory 519

Inventory New Listings Housing Market Sellers 519

Housing Wire

MARCH 12, 2023

Weekly inventory fell by 6201 , and new listing data is down noticeably from last year, which was different than last week. The 10-year yield, already at a key critical level, couldn’t break higher but reversed and went lower Friday after the jobs report and the news around Silicon Valley Bank. million in 2023.

Housing Market 370

Housing Market Mortgage Marketing Inventory 370

Housing Wire

DECEMBER 7, 2022

As you can see from the chart above, the last several years have not had the FOMO (fear of missing out) housing credit boom we saw from 2002-2005. What I mean by a credit bust is that after the housing bubble burst in 2005 into 2006, we saw a massive increase in supply. Total inventory levels. NAR: Total Inventory levels 1.22

Housing Market 543

Housing Market Mortgage Marketing Inventory 543

Housing Wire

NOVEMBER 16, 2020

Moreover, 30% of El Paso shoppers are looking at local homes from out-of-state, with top views coming from New York, Albuquerque, and Los Angeles.”. A Redfin statistical study of the El Paso housing market showed a 2% year-over year rise in new listings (936 from September 2019 to 956 in September 2020) and a gigantic 40.3%

Housing Market 413

Housing Market Real Estate Agent Marketing Real Estate 413

Housing Wire

APRIL 20, 2023

months’ worth of housing inventory in the U.S. If we are trending below 4 million — a possibility with new listing data trending at all-time lows — then we have much weaker demand than people think. NAR: Total housing inventory registered at the end of March was 980,000 units, up 1.0% Unsold inventory sits at a 2.6-month

Inventory 524

Inventory Housing Market Marketing New Listings 524

Lamacchia Realty

JANUARY 25, 2024

2023 was a notable year in real estate history, but if we had to put our finger on what stood out, it was how the number of homes listed was the lowest in over two decades. It kept inventory down, which propped up prices, but sales are down nearly 22%, and buyers are hungry. A lot of it had to do with anemic inventory.

Inventory 69

Inventory Sellers Contracts Buyers 69

Housing Wire

MAY 14, 2023

The rise of active listings in this spring housing market reminds me of a zombie slowly rising from its grave. Yes, we found the seasonal bottom for housing inventory on April 14, but this year’s rise in active listings has been tepid at best. This doesn’t appear to be the case for 2023. million.

Housing Market 440

Housing Market Marketing Inventory New Listings 440

Housing Wire

APRIL 5, 2021

Prices are up sharply as housing inventory continues to plateau , leaving 40% fewer homes on the market compared to last year, according to a report prepared by Black Knight. Instead of making up for the shortfall, new listings have slumped further in 2021. year-over-year in January, the most growth in a single year since 2005.

Inventory 493

Inventory Buyers New Listings Mortgage 493

Housing Wire

JANUARY 5, 2023

The 2022 housing market was savagely unhealthy , with all-time lows in inventory leading to massive bidding wars and price spikes until the Fed put a screeching halt to all of it with rate hikes that resulted in the most significant one-year spike in mortgage rate history. Housing Inventory. Home price s. million in 2023.

Housing Market 540

Housing Market Marketing Inventory New Listings 540

Housing Wire

OCTOBER 11, 2022

Inventory, which has been falling for years, broke to all-time lows in 2020. We didn’t have a seasonal push in inventory in 2020, and things worsened in 2021. Of course, this has brought back some inventory, as demand weakness always creates inventory through accumulation. million active listings, but at just 1.28

Sellers 498

Sellers Inventory Housing Market New Listings 498

Housing Wire

FEBRUARY 24, 2023

If sales are working from an elevated number, like what we saw from 2003-2005, it’s a different subject altogether. Homebuilders’ for-sale inventory and months’ supply The seasonally-adjusted estimate of new houses for sale at the end of January was 439,000. However, this isn’t how inventory grows in America.

Inventory 448

Inventory Construction Housing Market Mortgage 448

Housing Wire

JUNE 22, 2023

I first used the term savagely unhealthy in March of 2022 because we had solid demand while inventory was at all-time lows. Credit channels and inventory channels both changed after 2010 because of the qualified mortgage laws and the 2005 bankruptcy reform laws. Unsold inventory sits at a 3.0-month million units, up 3.8%

Housing Market 515

Housing Market Marketing Inventory Law 515

Lamacchia Realty

JANUARY 28, 2022

The drop in early 2020 sales due to low winter inventory and then the pandemic made it easier for 2021 to outperform in that time frame. Homes Listed – All of NH. New listings in 2021 followed a less treacherous trendline in 2021 than 2020 but still couldn’t quite keep up with pre-pandemic markets. and by 23.5%

Buyers 45

Buyers Contracts Inventory Real Estate 45

Housing Wire

FEBRUARY 16, 2023

However, the glaring difference today versus the recession of 2008, is that in 2007 the builders had to deal with over 4 million active listings as competition for their pricey new homes. Just look at the chart below and how bad credit looked from 2005 to 2008, then the job loss recession happened.

Construction 495

Construction Housing Market Inventory Mortgage 495

Housing Wire

MAY 30, 2023

Inventory is still near record lows The easiest economic discussion right now is the housing inventory story in the U.S. People claim inventory isn’t low because “shadow inventory” is on the verge of adding millions of homes into the marketplace any second now. and that it’s historically low.

Inventory 463

Inventory Housing Market New Listings Marketing 463