Housing Wire

JULY 20, 2022

But, there is one bright spot — inventory is rising. This has been a concern of mine after the summer of 2020 as inventory levels were breaking all-time lows, facilitating unhealthy home price growth during a more prominent demographic patch in U.S. The one positive: Inventory is rising. Once total inventory levels reach 1.52-1.93

Inventory 506

Inventory Housing Market Marketing Realtors 506

Housing Wire

MAY 19, 2022

The National Association of Realtors reported Thursday that existing home sales for April came in at 5.61 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 521

Housing Market Marketing Inventory Realtors 521

Housing Wire

MAY 18, 2023

If we had a massive credit boom-to-bust, inventory would have skyrocketed in 2022. NAR Total Inventory Data going back to 1982. housing market inventory channels have changed due to how the U.S. This is not, nor can it ever be, like 2008. If it was like 2008, you’re about four to six years too early in 2023.

Housing Market 538

Housing Market Marketing Inventory Mortgage 538

Housing Wire

MAY 5, 2022

It’s not time to sound the alarms, and there’s no indication that another housing market crash, circa 2008, is about to happen, but there are signs and signals everywhere suggesting that the decade-long boom in home sales may be running out of steam. compared to the previous year, according to the California Association of Realtors.

Housing Market 370

Housing Market Marketing Inventory Buyers 370

Housing Wire

APRIL 20, 2022

The National Association of Realtors reported that existing home sales for March came in as a miss of estimate at 5.77 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. Unsold inventory sits at a 2.0-month

Housing Market 483

Housing Market Marketing Inventory Mortgage 483

McKissock

AUGUST 14, 2022

The housing market has cooled since the intensity of the post-pandemic real estate rush, but the seller’s market we experienced has left us with plenty of discussion about what the nation’s housing inventory looks like. Housing Inventory So Low? In 2008, many people lost their homes when the housing bubble burst. Why Is U.S.

Inventory 68

Inventory Construction Real Estate Renovations 68

Housing Wire

JUNE 16, 2022

So far, the short-term fed funds rate that the Fed directly controls has risen by 175 basis points but the 30-year fixed rate mortgage has risen by nearly 300 basis points, said Lawrence Yun, chief economist at the National Association of Realtors (NAR). In its June report, the MBA forecast total originations at $2.4 trillion in 2022 and $2.3

Housing Market 414

Housing Market Marketing Loan Officers Mortgage 414

Housing Wire

MARCH 22, 2024

Unlike many other metropolitan areas across the country , the housing market in Southwest Florida is comparably flush with for-sale inventory. “I We are seeing a healthy increase in inventory, which we really needed.” Smith attributes the uptick in inventory to a bump in new listings.

Insurance 414

Insurance Inventory Marketing Real Estate 414

Housing Wire

MAY 25, 2023

The National Association of Realtors (NAR) estimates that baby boomers made up roughly 39%, or 2.32 Today’s market includes mortgage rates of above 6%, low inventory and elevated home prices, all contributing to affordability problems. According to data from Statista , there were roughly 5.95 million homes bought and sold in the U.S.

Loan Officers 393

Loan Officers Real Estate Agent Real Estate Finance 393

Housing Wire

JULY 21, 2022

Retail housing market data from June showing early signs of a real estate slowdown was foreshadowed three months earlier in buyer behavior at foreclosure auctions. The downshift in buyer behavior at the foreclosure auction came two months before the downshift showed up in retail housing market data. That was up from 40% a year ago.

Housing Market 404

Housing Market Buyers Marketing Retail 404

Empire Appraisal Group

JUNE 2, 2022

Florida Realtors. The current market, where higher prices and other factors are not resulting in a slowdown, is moving away from market fundamentals, they found, suggesting that buyer exuberance, in the form of fear of missing out, is driving the current trend. Is FOMO Fueling the Real Estate Market? By Amber Randall.

Real Estate 78

Real Estate Marketing Housing Market Investors 78

Eppraisal

MAY 12, 2021

According to the National Association of Realtors (NAR) existing home sales are -3.7% This is a direct result of the historically low inventory of homes available for sale as buyers are competing for homes. Buyers are placing their best offers to get sellers to choose them. month-over-month. by mid-2021 and end up 10.5%

Sellers 67

Sellers Real Estate Buyers Home Value 67

Listing Spark

OCTOBER 13, 2022

What should buyers and sellers be doing right now? How the housing market affects the rest of the economy How to approach the current housing market as a seller Final advice for buyers in the current housing market Are buyers pulling out of contracts at the last minute? There is more inventory available and home sales are down.

Housing Market 36

Housing Market Real Estate Marketing Buyers 36

Cornerstone

FEBRUARY 15, 2022

The housing crash of 2008 resulted in more than nine million households losing their homes to a short sale, foreclosure, or bank surrender. When the market was flooded with foreclosures in 2008, these homes only added to the surplus of homes listed for sale. Don’t expect a wave of foreclosures: 5 supporting factors. Bottom line?

Loan Officers 59

Loan Officers Housing Market Inventory Mortgage 59

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.

Marketing 71

Marketing Real Estate Appraisal Inventory 71

Housing Wire

FEBRUARY 18, 2022

The National Association of Realtors reported that existing home sales for January came in as a big beat at 6.5 When you add move-up, move-down, cash and investor buyers into the mix, you will have steady replacement buyer demand from 2020-to 2024. Also, we are starting the year with fresh new all-time lows in inventory.

Inventory 477

Inventory Housing Market Buyers Investors 477

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 months in 2008. months in 2008.

Housing Market 450

Housing Market Marketing Inventory Realtors 450

Housing Wire

NOVEMBER 21, 2023

We had this happen in 2008, and it is happening now. Since housing inventory has broken to all-time lows and we haven’t see the credit boom like the one during the housing bubble years, it’s all about active listings. Year-over-year, sales tumbled 14.6% (down from 4.44 million in October 2022). from October 2022 ($378,800).

Inventory 460

Inventory Mortgage Marketing Investors 460

Houston Properties

JANUARY 13, 2021

This highlights the importance of Avoiding the 9 Most Common Mistakes Buyers Make. In this analysis, we also show you current data along with key lessons from both the 2015 oil price crash and the 2008 great recession. Buyers Beware? Top Ranked Realtors: Paige Martin & The Houston Properties Team. Buyers Beware?

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Housing Wire

NOVEMBER 22, 2021

The National Association of Realtors ‘ existing home sales report for October came in at a solid beat of estimates at 6.34 Not bad considering the low inventory and all that unhealthy home price growth we have seen since the start of 2020. This is something that couldn’t happen in the years 2008-2019. million and 6.2

Inventory 537

Inventory Housing Market Buyers Investors 537

Housing Wire

JANUARY 19, 2024

It happened in 2008 and then didn’t happen again until 2023. Remember, with median sales prices and inventory, it’s very seasonal. However, remember, the dive in inventory is normal at this time of the year. This is a positive for housing in 2024 as most sellers are buyers.

Housing Market 464

Housing Market Inventory Contracts Marketing 464

Housing Wire

SEPTEMBER 19, 2023

Meanwhile, the available inventory of unsold homes is growing. This week, inventory grew faster than it did last year at this time. This week was the biggest week of inventory increase all year, with inventory growing by over 9,000 single-family homes. Last year, inventory climbed dramatically for months.

Housing Market 442

Housing Market Marketing Inventory New Listings 442

Housing Wire

OCTOBER 21, 2021

The National Association of Realtors ‘ existing home sales report for September came in at an excellent beat of estimates at 6.29 Also, 2020-2021 will have more home sales from mortgage buyers than any single year from 2008-2019. This looks perfectly normal to me.

Realtors 539

Realtors Buyers Mortgage Inventory 539

Housing Wire

DECEMBER 22, 2021

The National Association of Realtors reported that existing home sales for November came in hot at 6.46 million , so every single existing home sales print in 2021 has been higher than what we closed in 2020 — which was higher than any single year from 2008 to 2019. This number is above my sales trend peak of 6.2 million and 6.2

Inventory 502

Inventory Housing Market Investors Marketing 502

Cornerstone

MARCH 12, 2021

The long answer: Here are several solid reasons why: Housing inventory remains at record lows , while buyer demand has reached record highs. It’s expected that a prospective buyer might see rising home prices as being less affordable. But with all that’s going on, you know your standard answer won’t cut it.

Clients 62

Clients Sellers Loan Officers Real Estate 62

Houston Properties

JULY 18, 2022

Contact Paige Martin , a top-ranked Houston realtor and head of the Houston Properties Team for questions and advice about River Oaks homes for sale. She is the best Houston realtor and we hope others won't have to depend on luck to find her. If you need a realtor in Houston, call her quickly and get ready to be wowed!

Real Estate Agent 36

Real Estate Agent Real Estate Realtors Agents 36

Housing Wire

MAY 24, 2022

Multiple crops per year: Move-up buyers and refinancing. Servicers of the ARM loan start calling them in 2008 for a locked rate or fixed, lower rate. The builders will have more inventory. The new relationships with Realtors and lenders will be beneficial to all parties. The customer bought a home to stay in for 30 years.

Mortgage 424

Mortgage Real Estate Agent Business Loan Officers 424

Empire Appraisal Group

JANUARY 4, 2023

Florida Realtors. Buyer demand has dropped due to rising rates, and seller supply slowed too, creating an uneasy balance. But if buyers drop or sellers expand more, it will impact prices. The start of the year, of course, is when homeowners and real estate agents start to bring new inventory to market. NEW YORK – The U.S.

Inventory 78

Inventory Open Houses Sellers Real Estate 78

Empire Appraisal Group

OCTOBER 28, 2021

Exuberant buying – with multiple offers and bidding wars – has become common across the country, reminiscent of the fevered market before the 2008 housing crash. In the years before 2008, mortgage lenders made subprime loans to borrowers without verified income or adequate down payments while pushing risky loan products. MCLEAN, Va.

Inventory 78

Inventory Housing Market Construction Real Estate 78

Lamacchia Realty

APRIL 15, 2022

Rates dropped to historic lows to keep buyers buying, prompting an influx of new applications and re-finances as obtaining a mortgage was more affordable than ever. 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.

Marketing 64

Marketing Sellers Buyers Inventory 64

Housing Wire

JUNE 27, 2022

“With today’s rising interest rates, combined with inflation, prospective buyers have seen their buying power reduced greatly,” said Sean Dobson, chief executive officer at Amherst Holdings. Fewer buyers in the market also means homebuilders are enticing shoppers with incentives, which negatively affects margins.

Housing Market 433

Housing Market Marketing Brokerage Real Estate 433

Houston Properties

JANUARY 12, 2022

While no one ever thinks they’ll be forced to sell in a down market, very few people predicted 9/11 (2001), Great Recession (2008), the collapse of oil prices (2014), or Hurricane Harvey (2017). This is more concerning now that 71% of Houston Realtors have sold less than 5 homes in their entire career. I’m A Buyer.

Real Estate 36

Real Estate Marketing Real Estate Agent Realtors 36

Lamacchia Realty

JUNE 10, 2022

Despite all of it competition is still strong, and buyers are still out there, but with average prices increasing also at historic rates since 2020 and with the cost increase of borrowing, a shift in the market is happening. Congratulations, frustrated home buyers ! That’s not going to happen.

Marketing 59

Marketing Sellers Buyers Inventory 59

D Fritz Appraisals

JULY 7, 2021

This rise has caused rental rates to spike, increased demand for housing and has made it very difficult, if not impossible, for first-time buyers to get their foot in the door of home sweet home. For home buyers, it’s roughly the same experience. Elsewhere on Vancouver Island, home prices also rose sharply.

Real Estate 136

Real Estate Appraisal Buyers Investors 136

Lamacchia Realty

DECEMBER 28, 2021

It was the year of the frustrated buyer, particularly in the first half of the year. The inventory of homes for sale and the number of homes being listed for sale were not nearly enough to satisfy the buyer demand. In fact, our REALTORS had multiple properties that had over 30 offers! 2021 Recap. It is a real problem.

Sellers 74

Sellers Inventory Buyers Realtors 74

Lamacchia Realty

FEBRUARY 22, 2022

The 2021 Massachusetts Year in Review Housing Report breaks down average prices, sales, inventory, new active listings, and pending sales for 2021 compared to 2020 and illustrates what that means for the current market. It was also a clear rebuke of the theory that the Covid pandemic would cause a similar crash to 2008. to $633,518.

Inventory 49

Inventory Sellers Buyers Real Estate 49

Listing Spark

FEBRUARY 7, 2024

On the heels of the largest run up in home values in recorded history, we saw an abrupt and heavy shift that’s been challenging to grapple with for sellers and buyers. 2) Interest rates skyrocketed and buyer demand plummeted Interest rates were the biggest story of 2023. We didn’t see a wave of panic selling like we did in 2008.

Real Estate 36

Real Estate Sellers Home Value Inventory 36