Housing Wire

APRIL 30, 2023

The spring housing market music is playing, and purchase application data and active listing inventory rose together last week. didn’t go into recession until 2008. As you can see in the chart below, there is a big difference between these two different historic housing economic cycles.

Inventory 516

Inventory Housing Market Marketing New Listings 516

Housing Wire

OCTOBER 1, 2022

However, there are a number of attention-grabbing headlines, which unfortunately only compare today’s housing market to the very recent history of the last two years. It is always good to know where we are with the real estate market, but it is essential to keep all data in historical perspective. . Historically 2.5

Realtors 393

Realtors Housing Market Marketing Buyers 393

Housing Wire

JUNE 28, 2022

This data line lags the current housing market as it’s a few months old. Since 2014, we’ve not seen the credit housing boom that we saw from 2002-2005. Even today, the MBA purchase application index is below 2008 levels. The reality is that home sellers and builders had too much pricing power.

Housing Market 450

Housing Market Marketing Inventory Investors 450

Housing Wire

DECEMBER 30, 2023

Going into 2023, people thought housing inventory would skyrocket, home prices would crash, and we would see the housing market of 2008 all over again. We created this weekly tracker at the end of 2022 to give people a live weekly outlook on everything that drives the housing market and which factors to follow.

Inventory 510

Inventory New Listings Housing Market Mortgage 510

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. A few months ago, I was asked to go on CNBC and talk about why I call this a housing recession and why this year reminds me a lot of 2018, but much worse on the four items above.

Housing Market 546

Housing Market Marketing Inventory Sellers 546

Housing Wire

DECEMBER 21, 2022

.” One of the housing economic realities that I have been trying to stress this year is that a traditional seller of a home is typically a buyer as well. Since the credit standards have improved post-2010, we shouldn’t see distressed sellers until a job loss recession happens, even if sales fall noticeably.

Inventory 525

Inventory New Listings Housing Market Sellers 525

Housing Wire

MARCH 21, 2023

. “His deep understanding of global economies, real estate markets, technology, consumer demographics, and investments will further enhance our ability to empower, educate, and equip real estate agents as the housing market continues to evolve.”

Real Estate 382

Real Estate Real Estate Agent Housing Market Agents 382

Housing Wire

JUNE 10, 2022

We can’t just show homes; we have to be a professional real estate business, which means being able to have real conversations when buyers and sellers ask us questions like, “Did we miss the market?” “Are Are we in a housing bubble?” Of course, the answer is about why this is not the same market — in any way — to post 2008.

Sellers 382

Sellers Inventory Housing Market Buyers 382

Housing Wire

NOVEMBER 18, 2022

On a positive note, however, the days on the market are no longer a teenager anymore: that metric grew from 18 days to 21 days. I cheer because the savagely unhealthy housing market theme I talked about back in February of this year was the same premise of the housing reset talking point the Federal Reserve uses.

Inventory 464

Inventory Marketing Housing Market New Listings 464

Housing Wire

SEPTEMBER 13, 2022

However, we have entered a tricky period in housing economics where we might have to take this premise more seriously since mortgage rates recently got as low as 2.5% It all started when mortgage rates jumped from 5.25% to 6.25% this year and I saw how home sellers reacted to that move. Can you blame home sellers?

Mortgage 516

Mortgage Inventory New Listings Sellers 516

Listing Spark

JUNE 21, 2022

Unless you’ve been living underneath a rock, you have likely heard talks of a housing market bubble that could burst at any moment. The real estate industry has been experiencing some shifting trends lately, and when compared to the last crash, there are plenty of factors that make this time different from 2008. Be Patient.

Sellers 69

Sellers Housing Market Marketing Inventory 69

Housing Wire

JULY 25, 2023

over the past 15 years, but building in Moderate FHSZ has nearly doubled since 2008, and while the fire risk in this zone is less severe, it is still present. However, data from CoreLogic shows that the number of homes built in the Very High Fire Hazard Severity Zone (FHSZ) has declined from 5.5%

Insurance 370

Insurance Housing Market Marketing Agents 370

Housing Wire

MAY 4, 2022

This article is part of our housing market economic update series. At the end of this series, you can join us on May 10 for a Housing Market Update webinar. Homes that reach the market sell quickly, bidding wars are the new normal and the investor share of sales continues to rise.

Housing Market 382

Housing Market Finance Marketing Mortgage 382

Housing Wire

APRIL 14, 2023

This article is part of our 2023 Housing Market Forecast series. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the top predictions for this year, along with a roundtable discussion on how these insights apply to your business. Today, the average is 2.7

Realtors 424

Realtors Buyers Inventory Sellers 424

Housing Wire

JANUARY 26, 2021

According to the CoreLogic Buyer/Seller Market Indicator, which measures the ratio between sold price and list price, buyer competition reached a new peak nationally in October and November when the ratio climbed to 0.996 – the highest level since 2008, when the data series began.

Inventory 544

Inventory Housing Market Buyers Sellers 544

Housing Wire

OCTOBER 3, 2022

The housing market has not seen such a significant two-month drop in prices since shortly after the collapse of Lehman Brothers in winter of 2008, Black Knight said on Monday. The market grew from just 1.7 “Some may be waiting out the market to see if demand – and prices – return in the spring.” .

Inventory 523

Inventory Home Value Housing Market Mortgage 523

Housing Wire

AUGUST 30, 2022

While the growth rate is cooling monthly, we are still in a savagely unhhealthy housing market trying to get national inventory levels back to pre-COVID-19 levels. I have documented the history of these housing price crash addicts for a decade now. Case in point, purchase application data is already below 2008 levels today.

Inventory 382

Inventory New Listings Law Housing Market 382

Empire Appraisal Group

JULY 14, 2022

“Homeowners continue to benefit from rising home prices,” says Rick Sharga, executive vice president of market intelligence for ATTOM. Record levels of home equity provide financial security for millions of families and minimize the chance of another housing market crash like the one we saw in 2008. Montana: from 40.5%

Sellers 78

Sellers Marketing Market Value Realtors 78

Housing Wire

APRIL 11, 2023

We reached out to Panos to learn more about how she and her team are adjusting their strategies based on the current housing market and what projects she’s looking forward to in 2023. HousingWire: How have the current mortgage rate and inventory challenges impacted the direction of Corcoran’s marketing strategies?

Marketing 370

Marketing Agents Inventory Sellers 370

Housing Wire

JULY 20, 2022

The savagely unhealthy housing market is continuing as we get closer to August. I have been talking about the range of inventory that I need to see to remove the ‘ savagely unhealthy’ housing market theme. million, we will be in a much better place for housing. But, there is one bright spot — inventory is rising.

Inventory 506

Inventory Housing Market Marketing Realtors 506

Cleveland Appraisal Blog

OCTOBER 14, 2021

Others have expressed concerns that we are headed for a housing crash, like in 2008. Let’s talk about the difference between today’s market and the one during the years leading up to the bursting of the housing bubble in the Great Recession of 2008. THE RISE IN HOME PRICES IN THE YEARS LEADING TO 2008.

Inventory 243

Inventory Market Value Appraisal Contracts 243

Housing Wire

FEBRUARY 27, 2024

SmartZip uses predictive analytics to pinpoint likely sellers from 6 to 18 months in advance, offering a huge advantage in today’s low inventory market. SmartZip’s analytics are based on over 250 data points related to the properties and homeowners in your target market. Automated marketing: Yes.

Advertising 424

Advertising Tools Real Estate Sellers 424

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 recession. That would be a positive for demand.

Housing Market 543

Housing Market Marketing Inventory New Listings 543

Housing Wire

JULY 15, 2022

Brian Gubernick : No question, the greatest learning opportunity I’ve experienced was the 2007-2008 housing market crash. As a novice real estate investor at the time, the market downturn completely wiped me out. ” HousingWire: What has been your biggest learning opportunity? To become an HW+ member, click here.

Real Estate 393

Real Estate Realtors Brokerage Business 393

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. Can you imagine the housing market at that point?

Housing Market 457

Housing Market Marketing Inventory New Listings 457

Listing Spark

OCTOBER 13, 2022

Is that the case for all major Texas housing markets? What should buyers and sellers be doing right now? What should they expect in this housing market? We’ll dive into the state of the Texas real estate market with Real Estate Real Fast host Aaron Jistel. How to vet real estate agents as a seller.

Housing Market 36

Housing Market Real Estate Marketing Buyers 36

Appraisal Buzz

MAY 17, 2021

No matter how much pressure is placed upon appraisers, our job is to analyze the market and use the most appropriate comparable sales, not the ones that “make” the deal. Each of these points is reminiscent of the previous market run-up in terms of what the appraiser’s face. We are seeing that as a profession again.

Appraisal 418

Appraisal Clients Real Estate Sellers 418

Housing Wire

DECEMBER 20, 2023

Did today’s existing home sales report give us a playbook for housing in 2024? I would argue yes, and the housing market today looks a lot like what we saw in late 2022. I give more details in this interview on why I believe the housing market dynamics shifted on Nov. months in 2008. months in 2008.

Housing Market 450

Housing Market Marketing Inventory Realtors 450

Housing Wire

OCTOBER 26, 2020

As low mortgage rates continue to fuel the housing market, lenders are reporting record-breaking purchase and refinance volumes. As the economy recovers, mortgage companies must take the necessary steps to position themselves to manage the unique influx of demands impacting both the originations and servicing sides of the house.

Clients 382

Clients Valuation Technology Inspection 382

Houston Properties

JANUARY 13, 2021

Houston Housing Market Forecast: Current Data & 2021 Predictions. Concerned about a housing market crash? SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. Get a free home valuation for your house and trends in your neighborhood.

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

D Fritz Appraisals

JUNE 28, 2022

What do Experts Think the Victoria, BC Housing Market Will Look Like by 2027? The state of Victoria’s housing market is never far from anyone’s mind, especially for first-time home buyers, those moving to a new area or for people looking to sell. Pace of Real Estate Market Steady into Spring.

Real Estate 105

Real Estate Marketing Inventory Housing Market 105

Housing Wire

APRIL 25, 2023

The truth is, it’s not 2008 all over again. I understand the lure of the housing 2008 story. However, the people who say low inventory is fake news don’t realize that housing credit channels are very different from 2008, which has prevented total active listings from looking anything like 2008.

Inventory 477

Inventory Housing Market Construction Marketing 477

Housing Wire

SEPTEMBER 19, 2023

This “higher for longer” conventional wisdom is working its way through the housing market. It shows obvious slowing demand, but is also a reflection of the fact that most of the year we had more buyers than sellers of residential real estate. There’s a lot of signal in the local markets too. and imagining 5.5%

Housing Market 442

Housing Market Marketing Inventory New Listings 442

Eppraisal

APRIL 21, 2023

Certainly, the failures of recent weeks do not compare to the largest in history: Washington Mutual Bank in 2008, when a bank holding $307 billion in assets was subject to $17 million in withdrawals by depositors within 10 days. This can lure buyers into the market because the cost of financing is less prohibitive.

Lending 28

Lending Housing Market Marketing Real Estate 28

Listing Spark

NOVEMBER 17, 2022

Many buyers are exiting the market because of higher rates. But is that the right decision in the current market? Despite rising rates, there are a lot of advantages that are coming into the market for buyers. Sellers are also willing to offer concessions. So if you’re a buyer, how do you buy in the current market?

Real Estate 36

Real Estate Mortgage Buyers Sellers 36

McKissock

AUGUST 7, 2022

The early 2000s housing crisis left many Americans financially devastated after losing their real estate investments and homes. It’s no surprise that people are still wary of repeating this crisis whenever there’s an extreme flux in the housing market — like our current market, almost two decades later. .

Real Estate 91

Real Estate Investing Marketing Buyers 91

Housing Wire

MAY 26, 2022

It’s an excellent time to discuss housing inventory. The housing market shifted in March of this year. As the 10-year yield broke above 1.94% and mortgage rates rose, we saw the impact on housing data. Yes, crazy to think, but this is a survey trend data line, and the housing market was in free-fall at that time.

Inventory 519

Inventory Housing Market Construction Marketing 519