Housing Wire

SEPTEMBER 2, 2020

The deadliest pandemic in more than a century has failed to derail the housing market because of the lowest mortgage rates ever recorded coupled with a shift in how people use their homes. rate for a 30-year fixed mortgage has been under 3% since late July, as measured weekly by Freddie Mac. The average U.S.

Housing Market 546

Housing Market Marketing Realtors Mortgage 546

Housing Wire

APRIL 1, 2024

Mortgage rate buydowns and a limited supply of existing homes have buoyed housing demand for many months despite elevated interest rates. Meanwhile, homeowners who bought in January 2000, January 2006 and January 2013 have received boosts of $414,000, $338,000, and $343,000, respectively. Overall, U.S. homeowners held $31.8

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Investing Buyers Mortgage Housing Market 440

Housing Wire

JULY 29, 2022

A few months ago, the United States housing market failed Econ 101. The table also reports the year-over-year percent change in new listings for each market. The table also reports the year-over-year percent change in new listings for each market. Table 1, below, reports the 10 hottest U.S. Bellingham, WA 51.7% -8.3%

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Housing Market Sellers Marketing New Listings 410

Housing Wire

OCTOBER 12, 2022

Mortgage demand continues to decline amid surging home loan rates, according to the latest survey from the Mortgage Bankers Association (MBA). . The mortgage composite index for the week ending Oct. According to Mortgage News Daily, the 30-year fixed rate mortgage on Tuesday was 7.14% on average. two weeks prior.

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Housing Wire

SEPTEMBER 26, 2023

“This is about the same rate of price growth that occurred during the 2002 through 2006 period when subprime lending drove exuberant housing demand. “But that is where the similarities end. Mortgage holders are well-qualified and subprime loans are rare. ”

Inventory 458

Inventory Housing Market Lending Buyers 458

Housing Wire

NOVEMBER 16, 2020

According to multiple real estate agents and mortgage brokers, low interest rates and a high percentage of “essential” jobs in their town has kept the housing market and local economy strong. rise in houses sold in the same timeframe – from 670 to 940. The post Why is the El Paso housing market so hot right now?

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Housing Market Real Estate Agent Marketing Realtors 421

Housing Wire

JANUARY 20, 2023

housing market , we just experienced an event that most people never thought could happen. Total housing costs for American homeowners versus their wages are meager, and most will buy a home right away when they sell. Looking at housing this way, the last four decades make sense. The days on market were too low.

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Inventory Housing Market New Listings Marketing 541

Housing Wire

AUGUST 15, 2023

Keller kicked off the first day of the two-day gathering by offering his take on the housing market and economic conditions. Despite persistent inflation challenges, a volatile mortgage market and limited inventory, Keller said it was still a good time to buy a house. “It

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Agents Marketing Real Estate Housing Market 370

Housing Wire

APRIL 23, 2021

soared 18% year-over-year in March 2021 to a median of $356,000, according to a report Redfin released Friday that provided stark evidence of a housing market where demand greatly exceeds supply. Homes sold in March were on the market for 21 days, per the report, the shortest period between listing and sale since 2012.

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Inventory Housing Market Realtors Marketing 441

Housing Wire

MAY 24, 2023

At HousingWire Annual 2023, we aren’t vibe-checking the housing market. We’re bringing all the cutting-edge housing knowledge that today’s professionals need based on data. Register today to catch Simonsen on stage as he answers the question, “How’s the market?” Simonsen founded Altos Research in 2006.

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Housing Wire

JANUARY 6, 2021

While we may be ready to firmly plant our feet in 2021, we shouldn’t leave the past 12 months behind without taking a critical look at how the COVID-19 pandemic has impacted the housing market, and how it will pave the way for 2021 and beyond.

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Housing Market Technology Marketing Mortgage 450

Housing Wire

JUNE 6, 2022

At CoreLogic, Nothaft headed the office of the economist, providing analysis, commentary and forecasting trends in global real estate, insurance and mortgage markets. Most people knew Frank as one of the nation’s premier housing economists,” said Robin Wachner, a CoreLogic spokesperson. Henry Wallich.

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Real Estate Housing Market Insurance Mortgage 450

Housing Wire

APRIL 3, 2023

Declining mortgage rates could have improved affordability for buyers in the housing market in February, but instead spurred a demand that, combined with a persistent lack of inventory across the U.S., In addition, 47 of 50 markets saw their active listing count decline that month. put more pressure on home prices.

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Housing Wire

DECEMBER 21, 2022

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. Plus, available housing inventory remains near historic lows.” economic history. . As we can see below, the U.S.

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Inventory New Listings Housing Market Sellers 528

Empire Appraisal Group

SEPTEMBER 8, 2022

Housing Market Collapse? Housing Market Collapse? The housing market has taken a few hits, such as a doubling of mortgage rates in 2022, but it remains solid even if legitimate news providers suggest doom and gloom. housing market is suffering some cracks, but an outright collapse is nowhere in sight.

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Housing Market Marketing Real Estate New Listings 78

Housing Wire

FEBRUARY 17, 2023

Mike Simonsen, president of Altos Research , will share his data-focused insights on the housing market at Gathering of Eagles 2023. Simonsen founded Altos Research in 2006. The information in an Altos Market Report ranges from median home price to days on the market and the percent of price decreases.

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Sellers Housing Market Real Estate Agents 388

Housing Wire

SEPTEMBER 29, 2021

“Increased inventory of homes for sale, near historic low mortgage rates and favorable demographics means more housing demand, ” Odeta Kushi, the First American deputy chief economist said in a statement. This is a strong purchase market and the uptick in inventory is bringing back some buyers who pulled back during peak frenzy.”.

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Contracts Inventory Housing Market Marketing 418

Housing Wire

APRIL 7, 2023

Given Friday’s job report , those who have been concerned with entrenched 1970s inflation — which would lead to double-digit mortgage rates — can put their disco shoes back in the closet. I wrote recently about the 1970s inflation and mortgage rates. The last time I had six recession red flags was late in 2006.

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Housing Market Marketing Mortgage Retail 536

Housing Wire

OCTOBER 12, 2020

Despite what they promised, we sit here today with the United States housing market outperforming all other economic sectors in the world during the pandemic. In order for the housing market to crash due to too many loans going into default when forbearance programs end, the number of loans in these programs needs to grow.

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Inventory Housing Market Marketing Mortgage 545

Housing Wire

MARCH 31, 2022

The online reaction was immediate — housing must be about to crash. That’s not to say that the data points the Fed used are incorrect — in fact, we are in a savagely unhealthy housing market , but it’s not a bubble. First, because there is no speculative debt demand going on today, there can’t be a housing bubble.

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Housing Market Inventory Lending Marketing 530

Housing Wire

AUGUST 11, 2020

I already hear murmurs from the fear-mongering housing bears that once the forbearance plans expire, we can expect to see a collapse of the housing market in America like we haven’t seen since the bubble years. The post Here’s why we won’t see a housing crisis after COVID-19 appeared first on HousingWire.

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Housing Wire

SEPTEMBER 28, 2021

below its 2006 peak. In addition, homebuyers are continuing to enjoy low mortgage rates , boosting the demand for homes even higher. For-sale inventory levels charted their fourth consecutive monthly increase in August, and sellers appear to be taking a less aggressive approach when putting their homes on the market.

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Housing Market Finance Contracts Inventory 485

Housing Wire

MAY 19, 2022

If there’s a bet to be made on the future of the non-agency lending space, it’s that the adjustable-rate mortgage (ARM) will become far more popular this year as purchase mortgages increasingly dominate a housing market pivoting to an up-rate environment. He described today’s non-QM market as a “very large bucket.”.

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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. Mortgage rates. Home price s.

Housing Market 543

Housing Market Marketing Inventory New Listings 543

Housing Wire

SEPTEMBER 28, 2020

The recent new home sales data is at levels last seen in 2006, with monthly supply data back down to the low levels when new home sales data was really good. No, this is not a new home sales housing bubble as we are far from total new home sales being where they were in 2005. million housing starts, not anytime from 2008-2019.

Inventory 530

Inventory Buyers Mortgage Housing Market 530

Housing Wire

OCTOBER 15, 2020

The National Association of Mortgage Brokers has been advocating for mortgage brokers for almost 50 years. Zestimate, which is public-facing, launched in 2006 and uses data from county and tax assessor records as well as direct feeds from multiple listing services, brokerages and homeowners themselves. Presented by: NAMB.

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Valuation Tools Market Value Real Estate 370

Housing Wire

DECEMBER 29, 2022

As we close out 2022, it’s time to reflect on a historic year for the housing market, which was even crazier than the COVID-19 year of 2020. Housing permits and starts are falling now, even with the backlog of homes in the system. With less transaction volume , general incomes in the housing sector are falling.

Housing Market 546

Housing Market Marketing Inventory Sellers 546

BiggerPockets

JULY 21, 2023

In a recent economic outlook by Morningstar, the housing market affordability is currently mimicking the peak of the housing bubble in 2006. This similarity is due to a combination of mortgage […]

Housing Market 67

Housing Market Mortgage Marketing Real Estate 67

Housing Wire

DECEMBER 30, 2020

from its former high in July 2006, and was up 8.4% As 2021 approaches, Yun predicts that there will be a slight uptick in mortgage rates to around 3%, existing-home sales to increase by roughly 10% and new home sales to increase by 20%. Streamlining the refinance process in this low mortgage rate environment. year over year.

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Contracts Inventory Realtors Government 534

Housing Wire

NOVEMBER 30, 2020

in October – the second consecutive month the index has fallen as affordability strains the market, a recent report from the National Association of Realtors said. How the mortgage industry is working together to make housing more affordable. pending home sales fell 1.1% compared to a year ago. The Midwest dropped 0.7%

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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. before COVID) stage.

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Housing Market Marketing Inventory Lending 397

Housing Wire

AUGUST 5, 2022

New home sales, housing starts, and permits fall into a recession. Once mortgage rates rise, the new home sales sector does get hit harder than the existing home sales market. As you can see below, this data line fell in 2006, and we were still creating jobs in 2006 and 2007. We see this in the durable goods data.

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Development Housing Market Marketing Business 545

Housing Wire

MAY 25, 2021

” Technology for navigating secondary market challenges. 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. to the highest level since 2006. Presented by: MCT.

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Construction Development Technology Marketing 421

Empire Appraisal Group

MAY 13, 2021

housing market is on a hot streak with double-digit annual gains in home prices, bidding wars, and surging buyer demand. That type of soaring housing market is prompting more “bubble” fears in some corners, but economists say the housing market isn’t getting overinflated. “We But this isn’t 2006.

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Housing Market Realtors Inventory Finance 78

Housing Wire

JUNE 15, 2022

How will the announcement impact mortgage rates? If they hint that this is on their minds, bond yields can retrace and head lower giving better pricing for mortgage rates. The last time I had four of my six recession red flags up it was 2006 and the other two came that year. What do you expect to hear? What’s priced in?

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Inventory Investors Retail Housing Market 370

Housing Wire

DECEMBER 21, 2021

As 2021 draws to a close, it’s clear that the private-label residential mortgage-backed securities (RMBS) market has notched a year for the record books. market — defined as all post-financial-crisis prime, non-prime and credit-risk transfer (CRT) transactions — is projected to exceed $115 billion in issuance.

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Marketing Investing Investors Real Estate 405

Housing Wire

APRIL 27, 2021

The 12% home price gain is the highest recorded increase since February of 2006. Mortgage rates dropped below 3% last week for the first time in two months — down seven basis points to 2.97%, according to Freddie Mac’s Primary Mortgage Market Survey. in January. It’s the ninth straight month of increasing prices.

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Inventory Buyers Finance Investing 384