Housing Wire

MAY 18, 2023

If we had a massive credit boom-to-bust, inventory would have skyrocketed in 2022. In 2007, for context, we were a tad above 4 million. NAR Total Inventory Data going back to 1982. housing market inventory channels have changed due to how the U.S. This is why the days on the market are so low historically after 2020.

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Housing Market Marketing Inventory Mortgage 537

Housing Wire

SEPTEMBER 22, 2022

I go into real estate offices and Realtors have zero listings for the week,” said the LO, who requested anonymity to protect the business of her partners. “I Addressing a shortage of inventory is a serious concern, especially as fall and winter approaches when total inventory traditionally drops. million to 1.93 million. .

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Mortgage Loan Officers Inventory Retail 383

Housing Wire

SEPTEMBER 30, 2022

The latest weekly survey data from Freddie Mac shows the 30-year fixed-rate mortgage jumped 40 basis points to an average of 6.70% this week, the highest level since 2007. There is more inventory relative to demand, and deals can be found. A year ago at this time, rates averaged 3.01%. James Kleimann contributed to this report.

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Buyers Mortgage Loan Officers Retail 458

Empire Appraisal Group

MAY 13, 2021

source: ‘This Isn’t a Bubble’ | Realtor Magazine. Lawrence Yun, chief economist of the National Association of REALTORS®, agrees. Housing inventories are low, credit remains tight, and lenders aren’t issuing risky loans at rates like they did back then. ‘This Isn’t a Bubble’. He told Axios last month: “This is not a bubble.

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Housing Market Realtors Inventory Finance 78

Lamacchia Realty

MARCH 26, 2024

As you can see in the chart below, Florida has the highest shift in rising inventory over the past twelve months. Source Condo inventory has been rising more than single families as sales have been decreasing since 2023. Source Inventory rises when more sellers are listing than buyers are buying.

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Bracketing HOA Sellers Buyers 60

Housing Wire

MARCH 21, 2024

From the National Association of Realtors : Total existing-home sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – bounced 9.5% Here is some perspective on the NAR active inventory data: Since 1982, traditional normal inventory levels range between 2 million and 2.5

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Inventory Housing Market Mortgage Marketing 481

Lamacchia Realty

OCTOBER 25, 2023

PRICE ADJUSTMENTS AND THE 2023 MARKET In March 2022, it was clear that the market was changing from a frenzied post-pandemic scene to one where it was assumed that rising mortgage rates would slow it down and help inventory finally rise back up. Inventory didn’t increase at the rate most assumed it would.

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Bracketing Marketing Sellers Buyers 65

Listing Spark

JUNE 27, 2023

. “The housing market has tilted sharply in favor of sellers amid increasing demand and ongoing low housing inventory.” Despite slowing sales and increasing inventory, Texas remains a seller’s market, as noted by Aaron Jistel, the co-founder of ListingSpark 2. Here, the median home price has decreased by 4.3%

Real Estate 69

Real Estate Sellers Inventory Marketing 69

Empire Appraisal Group

JULY 6, 2022

Recent studies by three South Florida universities and the University of Alabama point to the same high demand and low inventory as reasons for the homebuyer and rental angst experienced since the start of the pandemic, but the research also found future population growth in Florida will extend housing woes. “We Housing crash unlikely.

Marketing 78

Marketing Landlords Real Estate Tenants 78

Lamacchia Realty

JUNE 21, 2022

In early March it was becoming clear that the market was changing from a frenzied post-pandemic scene to one where rising mortgage rates would slow it down and help inventory finally rise back up. For the past few years, with inventory at historically low levels , sellers were coming pretty close to naming their price and buyers were paying.

Housing Market 65

Housing Market Bracketing Marketing Sellers 65

Lamacchia Realty

AUGUST 3, 2021

Inventory is still very tight despite a slight increase, and as you can see in the chart below from our Massachusetts Updates page , the percentage of homes placed under agreement out of total inventory is still higher than it ever has been but its noticeably lower than it was in the first six months of the year.

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Bracketing Sellers Buyers Inventory 68

Housing Wire

DECEMBER 13, 2022

The National Association of Realtors predicts there will be 4.78 He also stressed that the conditions present in 2007 during the foreclosure crisis look very different than today. Yun also noted the difference in inventory conditions today compared to 2007 and 2008 when there were about 4 million homes on the market.

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Realtors Mortgage Housing Market Real Estate 409

Lamacchia Realty

APRIL 15, 2022

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. Low rates, even lower inventory, maxed out demand, and anemic supply remained the name of the game for well over a year until this past winter, when it truly plunged to incredible lows.

Marketing 66

Marketing Sellers Buyers Inventory 66

McKissock

SEPTEMBER 7, 2021

Some early warning signs of housing market correction are: A) Listing inventory in MLS starts to climb steadily. Increasing inventory is generally a sign that buyers have stopped buying (due to prices being too high or a lack of consumer confidence), or there are just fewer ready, willing, and able buyers in the marketplace.

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Marketing Real Estate Appraisal Inventory 71

Housing Wire

AUGUST 26, 2021

” Khater added that purchase application demand is improving, but very low inventory is the major obstacle to higher home sales. While borrowers weigh the benefits of refinancing their mortgage, in the purchase market, they still face rising prices and a lack of inventory. The lack of inventory is not expected to improve soon.

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Mortgage Inventory Government Construction 473

Housing Wire

DECEMBER 20, 2023

From the National Association of Realtors (NAR): Total existing-home sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – elevated 0.8% NAR: Total housing inventory at the end of November was 1.13 Unsold inventory sits at a 3.5-month 2022. Unsold inventory sits at a 3.5-month

Housing Market 453

Housing Market Marketing Inventory Realtors 453

Housing Wire

DECEMBER 19, 2022

Also helping buyers is an increase in housing inventory, Ridenour Lindsey said. “It It is hard to tell if more homes are being listed or if things are just sitting a bit longer, but there is definitely more inventory,” she said. Ward said this slowdown has led to an increase in housing inventory. We have about 2.6

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Marketing Inventory Buyers Housing Market 359

Housing Wire

MAY 3, 2023

The Federal Reserve (Fed) raised its key federal funds rate for the 10th consecutive time, announcing a 0.25% rate hike Wednesday to 5% to 5.25%, a level they have not reached since 2007. Existing home sales in particular have been paltry in 2023, largely due to low levels of inventory.

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Real Estate Agent Inventory Loan Officers Mortgage 382

Houston Properties

JANUARY 13, 2021

Top Ranked Realtors: Paige Martin & The Houston Properties Team. Today's monthly payments on a $500,000 mortgage are about the same as a $210,000 mortgage from the mid-1990s or a $300,000 mortgage from 2007. The market will see an influx of price drops and hikes due to low inventory and high demand.

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Housing Market Marketing Real Estate Realtors 68

Houston Properties

JANUARY 12, 2022

This is more concerning now that 71% of Houston Realtors have sold less than 5 homes in their entire career. Best Houston Realtors: Paige Martin & The Houston Properties Team. "A good and experienced Realtor should protect their clients from making bad mistakes, specially when putting emotions over data.

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Real Estate Marketing Real Estate Agent Realtors 36

Inman

AUGUST 18, 2023

Redfin CEO Glenn Kelman on Wednesday told MarketWatch that current transaction levels — sustained primarily by people who absolutely need to move — are about as low as they ever get.

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Inventory Housing Market Realtors Marketing 126

Housing Wire

DECEMBER 29, 2020

Home prices have continued to increase this year as a result of low inventory and high demand for homes. million, according to the National Association of Realtors. Single-family housing starts saw their highest gain since 2007 in November, according to the U.S. census divisions, reported an 8.4% The National Index is now up 24.5%

Buyers 543

Buyers Construction Realtors Inventory 543

Will Springer Realtor

JUNE 9, 2021

Prices have soared in most areas – including a 30% jump in the past year for single-family homes in King County – amid a shortage of inventory and a sharp rise in the number of buyers. >> The National Association of Realtors® revised its economic forecasts for 2021 – and things are looking up. million for sale today.

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Housing Market Marketing Inventory New Listings 36

Will Springer Realtor

SEPTEMBER 8, 2021

That’s the most since 2007. There are no signs of a real estate crisis, particularly in the Puget Sound region, where prices keep rising – up about 20% the past year and 68% in Seattle alone since 2016, by one measure – amid a dearth of inventory and surge of buyers. A drying up of listings sent inventory figures lower.

Construction 36

Construction Inventory Buyers Real Estate 36

Will Springer Realtor

MAY 12, 2021

>> The lack of inventory to keep real estate moving is confirmed with the latest data on U.S. They have declined for two consecutive months, according to the National Association of Realtors®. The excess of inventory that occurred in 2007, 2008 and ’09, was an anomaly,” said Marci Rossell, former chief economist for CNBC.

Real Estate 36

Real Estate Inventory Buyers Construction 36

Assurance Financial

NOVEMBER 9, 2021

Because in a buyer’s market, there’s more housing inventory and lower prices, giving power to the buyer. In a market that favors buyers, sellers and their realtors have to put in a much greater effort to make their homes stand out through means of social media, open houses, and advertisements. Marketing Strategies.

Marketing 36

Marketing Sellers Buyers Real Estate 36

Will Springer Realtor

MAY 9, 2022

This looks a lot like the housing boom that we saw prior to the 2007–09 financial crisis.” That percentage was last seen in September 2007 – yes, at the start of the housing crisis (as the chart shows). ” The increased number of listings and slight slow-down of the market have helped boost inventory numbers. a month ago.

Architecture 36

Architecture Design Buyers Construction 36

Will Springer Realtor

OCTOBER 11, 2022

Waller went on to say this adjustment is in no way like the horrific housing/financial crises of 2007-2010. That’s according to a survey of 1,002 Hispanic Americans by The National Association of Realtors®. >> months’ inventory for all homes on the market and in the single-family category. months’ inventory.

Housing Market 36

Housing Market Marketing Buyers Real Estate 36

Will Springer Realtor

DECEMBER 8, 2021

housing starts, when builders break ground and lay a foundation, are forecast to finish this year at 1.04M single-family homes, the first time since 2007 the figure will exceed a million. This month’s headline: Inventory is at drought levels while median prices were little changed month to month. Monthly inventory stands at 0.4

Sellers 36

Sellers Marketing Supply Chain Construction 36

Patch of Land

JULY 29, 2019

billion in 2017 — the highest dollar volume since 2007, according to ATTOM Data Solutions. billion, the highest level since Q2 2007 — over a 12-year high. Realtor.com , a website of the National Association of Realtors, predicts home prices will rise by just 2.2 billion, up 8 percent from $18.5 percent in 2018, dipping just 0.3

Finance 46

Finance Investors Real Estate Housing Market 46

Housing Wire

DECEMBER 13, 2021

In assessing blame for a high-demand, low inventory housing market, one finger is pointed at companies that purchase single-family homes as an investment. Last month, Zillow said it was winding down its iBuying division, and courting corporate investors to buy its 18,000 homes remaining in inventory. single-family home market.

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Investors Real Estate Landlords Inventory 406