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.

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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.

Housing Market 544

Housing Market Mortgage Marketing Inventory 544

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%

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Housing Market Real Estate Agent Marketing Realtors 420

Housing Wire

MAY 14, 2023

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. Here’s a quick rundown of the last week: Total active listings grew 662 weekly, and new listing data is still trending at all-time lows. This doesn’t appear to be the case for 2023.

Housing Market 452

Housing Market Marketing Inventory New Listings 452

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. When we look at active listings today, we are still at 980,000, near all-time lows, even with the recent massive hit to demand. To get more inventory you need more Americans to list their homes.

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Inventory Construction Housing Market Mortgage 460

Housing Wire

JANUARY 5, 2023

However, weeks after that call, the new listing data started to decline noticeably, which makes that call much harder to happen in 2023. However, I acknowledge that the housing dynamics have changed a lot since that forecast in June as new listing data declined. million in 2023. million for 2023. Housing recession.

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Housing Market Marketing Inventory New Listings 541

Housing Wire

APRIL 5, 2021

Instead of making up for the shortfall, new listings have slumped further in 2021. Year-over-year, new listing volumes were down 16% in January and 21% in February — amounting to a 125,000 deficit in inventory compared to the same time in 2020. year-over-year in January, the most growth in a single year since 2005.

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Inventory Buyers New Listings Mortgage 500

Housing Wire

OCTOBER 11, 2022

This means the housing boom period of 2002-2005 had major credit tightening, which won’t happen this time around when the next recession hits. To have a balanced housing market, we need active listings to rise yearly, which they typically do; 2020 was an anomaly. The only time this happened was 2006-2011 — the housing bust years.

Sellers 504

Sellers Inventory Housing Market New Listings 504

Housing Wire

APRIL 20, 2023

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. million before we saw the massive stress spike in supply from 2005 to 2007. We have a workable range for 2023 sales in the existing home sales market between 4 million and 4.6

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Inventory Housing Market Marketing New Listings 527

Housing Wire

JUNE 22, 2023

Credit channels and inventory channels both changed after 2010 because of the qualified mortgage laws and the 2005 bankruptcy reform laws. There is a better case that we can get below 4 million if mortgage rates stay high and new listing data starts its seasonal decline in the data.

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Housing Market Marketing Inventory Law 520

Housing Wire

FEBRUARY 16, 2023

Just look at the chart below and how bad credit looked from 2005 to 2008, then the job loss recession happened. Last year new listing growth turned negative year over year when rates got over 6%; now with rates rising into the spring season, we will see a lack of enthusiasm from sellers.

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Construction Housing Market Inventory Mortgage 502

Lamacchia Realty

JANUARY 25, 2024

Sales were down in all three categories: Single family sales down by 22.1%: 40,828 in 2023 from 52,397 in 2022 Condo sales down by 18.7%: 19,199 in 2023 from 23,616 in 2022 Multi-family sales down by 28.5%: 5,739 in 2023 from 8,031 in 2022 Below is a graph that illustrates home sales per year since 2005.

Inventory 70

Inventory Sellers Contracts Buyers 70

Housing Wire

MAY 30, 2023

NAR total inventory since 1982: I prefer the Altos Research weekly single-family data to the NAR data because it gives us a fresh look at not only active listing data but new listing data. The Altos Research new listing data is essential in tracking the supply aspect of housing, which is why I include it as part of the Tracker.

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Inventory Housing Market New Listings Marketing 473

Lamacchia Realty

JANUARY 28, 2022

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. decrease in the state of New Hampshire brought listings to 27,131 from 28,127 the previous year. Cheshire moved 15.8% from $273,641 to $316,801.

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Buyers Contracts Inventory Real Estate 45