Housing Wire

MAY 3, 2024

In Denver in particular, new listings increased 29.12% month-over-month and 22.63% year-over-year. Active listings at month’s end rose 13.14% to 5,511 homes, an astounding 45.87% gain year-over-year. As a result, sellers who are winning in this market spent time making sure their homes are in show-ready condition.

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Housing Wire

MARCH 26, 2023

The financial and housing markets are still trying to sort out the banking crisis and whether we have seen the last Fed rate hike in this cycle. Active inventory fell 1,109, and new listing data made a lovely comeback week to week but was still noticeably down year over year. In a regular market, they would be closer to 5.25%.

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Housing Wire

JULY 7, 2022

With a rapid spike in interest rates, inventory at historic lows, home prices rising at unprecedented levels above income, and a purchase market that is both highly anxious and digitally reliant, mortgage and real estate professionals must be strategic to capture the market opportunity today. Let’s start with the good news.

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Housing Wire

DECEMBER 21, 2022

In addition, this is the fourth straight month of inventory declining, while days on the market are growingl! 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.

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Housing Wire

DECEMBER 7, 2022

Now, with five weeks of data in front of us, we can say they have stabilized the market. Since they were distressed forced sellers, inventory skyrocketed in 2006 and stayed very elevated in 2007 and 2008. Also, I believed the risk to the housing market was if home prices grew more than 23% over the five years of 2020-2024.

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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. From the index : I know it seems strange, but existing home sales are falling, and the monthly supply of new homes is at 10.9 million listings.

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Inventory New Listings Law Housing Market 383

Housing Wire

SEPTEMBER 13, 2022

Typically we have a natural set of new listings each year; inventory rises in the spring and summer and then falls in the fall and winter. It wasn’t the rate move that caught my attention — it was the new listing data. As you can see below, that sharp move to 6.25% caused new listing data to stall at first.

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Housing Wire

JANUARY 16, 2023

The weekly data shows some good news for the housing market ! With mortgage rates also falling, I am hopeful that more people will list their homes and buy another, so we can get back to a more functional housing market. This is good news for the housing market. NAR total inventory data is currently at 1.14

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Inventory Housing Market Marketing Mortgage 532

Housing Wire

AUGUST 13, 2023

For my 2023 forecast , my range on the 10-year yield has been between 3.21%-4.25%, emphasizing that the bond yields can go lower than 3.21% only if the labor market breaks. The labor market breaking to me is if jobless claims on a four-week moving average go over 323,000 ; currently, that data is 231,000.

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Mortgage Inventory New Listings Retail 370

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. Then, it deploys marketing campaigns on your behalf.

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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?

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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. How I look at rates is intertwined with how I look at the bond market.

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Housing Market Marketing Inventory New Listings 543

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 Smith attributes the uptick in inventory to a bump in new listings. Days on market is also trending back to what is more normal for our market as well.”

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Housing Wire

JANUARY 1, 2024

The 2023 housing market faced one of the same roadblocks we saw in 2022: mortgage rates were too high for home sales growth. Every Saturday I publish a weekly housing market tracker with forward-looking data and insights so you can adjust quickly to market conditions. If the 10-year yield gets above 4.25%, the U.S.

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Housing Market Marketing New Listings Construction 527

Listing Spark

OCTOBER 13, 2022

The Texas real estate market has come crashing down. Days on the market are up, home prices are down, but it’s not all doom and gloom. Is that the case for all major Texas housing markets? What should they expect in this housing market? 00:02:50] Peaking into the Fall 2022 Austin housing market. Episode highlights.

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Housing Wire

JUNE 22, 2023

The days on market are back to a teenager level in the existing home sales market, which means I can officially say we are back to a savagely unhealthy housing market! Nothing good happens in the housing market when the days on market are at a teenager level or lower. What do I mean by savagely unhealthy?

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Listing Spark

DECEMBER 23, 2020

Across the major markets in Texas, our December real estate market update shows clear data points that we are ending the year in one of the strongest seller’s markets we have seen in modern history. . What’s driving the strength of our Texas real estate market? Months of Inventory (1.2 Months of Inventory (1.2

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Housing Wire

FEBRUARY 24, 2024

Mortgage rates were lower in late 2022 and early 2023 with a higher inflation growth rate and the Fed still hiking because the bond market anticipated a Fed pivot or a recession, neither of which happened. This data line can grow faster as long as people still list their homes weekly.

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Cornerstone

FEBRUARY 15, 2022

There were analysts who expressed concern that once forbearance plans expired, the real estate market could see a foreclosure surge, similar to what followed the housing bubble 15 years prior. The housing crash of 2008 resulted in more than nine million households losing their homes to a short sale, foreclosure, or bank surrender.

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Housing Wire

FEBRUARY 24, 2023

As I have stressed for months, the new home sales levels are historically low and don’t account for the cancellation rate. Just like in the existing home sales market, when sales are low, anything positive on the rate side can move the market in a positive direction. months and below, this is an excellent market for builders.

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Housing Wire

SEPTEMBER 19, 2023

This is alarming because this was the moment last year when the market turned south. It’s not unusual for a little jump in new listings in September. This “higher for longer” conventional wisdom is working its way through the housing market. There are now 519,000 single-family homes on the market across the U.S.

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Housing Wire

FEBRUARY 16, 2023

There is one simple reason for this: it’s not 2008. They have less competition as they are working from low sales levels in today’s housing market. This is why construction workers haven’t been laid off while other jobs in the housing market have been. months, and below, this is an excellent market for builders.

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Housing Wire

JANUARY 19, 2024

It happened in 2008 and then didn’t happen again until 2023. Something notable about this report: Total active listings as the NAR tracks them almost broke under 1 million again. Our tracker articles have a lot more details about the current weekly market and we publish those each Saturday. from December 2022 ($366,500).

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Will Springer Realtor

MAY 9, 2023

How’s the market, you ask? The typical seasonal spring in its step has been replaced by a slow shuffle as the Seattle/King County residential market tries to find its rhythm in a challenging economic environment. Falling new inventory is constraining transaction volumes while also supporting higher home prices.

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Housing Wire

FEBRUARY 8, 2024

Despite the population decline, Illinois’ housing market remains relatively strong. The state has an Altos Research Market Action Index score of 44, which is above the national score of 39. Altos considers anything above 30 to be indicative of a seller’s market. It’s depressing,” Laricy said of the downtown market.

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Housing Wire

AUGUST 1, 2023

All year, the strength of homebuyer demand and the tight supply of homes for sale has meant that the market pretty rapidly found a floor on the home-price correction of 2022. If you were looking at the market in the fall of 2022, you would have expected home prices to continue to fall further in 2023.

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Inventory Contracts Buyers Mortgage 370

Boston Appraisal

JULY 22, 2019

The housing market across the country, and especially in Boston and New England, is experiencing a growth trend that’s accelerated over the last few years. With this apprehension in mind, we’ll discuss some of the things to expect from the housing market in the second half of 2019, going into 2020.

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Boston Appraisal

JULY 22, 2019

The housing market across the country, and especially in Boston and New England, is experiencing a growth trend that’s accelerated over the last few years. With this apprehension in mind, we’ll discuss some of the things to expect from the housing market in the second half of 2019, going into 2020.

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Marketing Housing Market Real Estate Buyers 78

Empire Appraisal Group

JANUARY 4, 2023

NEW YORK – The U.S. housing market is in an uneasy state of equilibrium. The start of the year, of course, is when homeowners and real estate agents start to bring new inventory to market. Clearly, the amount of supply on the market is still extraordinarily low relative to demand. It would take just 3.3

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Lamacchia Realty

JANUARY 25, 2024

The real estate landscape witnessed significant developments in 2023, as the New Hampshire market saw a historic low in listings. Sales were also down in 2022 , which sparked concerns of a market crash , but as Anthony predicted, it didn’t happen , more thanks to reduced inventory rather than a decline in sales.

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Inventory Sellers Buyers Contracts 52

Will Springer Realtor

JANUARY 10, 2023

This marks the introduction of a new feature. Each month, this blog will publish a fresh assessment of the King County area housing market. The article will include the latest monthly data from the Northwest Multiple Listing Service, analysis from national and local experts and a glimpse ahead at what to expect in the coming weeks.

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Lamacchia Realty

JANUARY 25, 2024

2022 was down in sales from 2021 just like this past year , and at that time , many were concerned that it was a sign the market was about to crash, something Anthony has repeatedly dispro ved. Slower market activity this year, however, is representative of the journey back to equilibrium. Will the 2024 Real Estate Market Improve?

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Lamacchia Realty

JANUARY 30, 2024

The 2023 South Florida real estate market, like national trends, saw a decrease in sales, an increase in prices, and a decrease in the number of homes listed and placed under contract. 2022 also experienced a decline in sales compared to 2021, accompanied by attention-grabbing headlines fueling concerns about an impending market crash.

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Will Springer Realtor

MARCH 14, 2023

The opening months of the Seattle/King County housing market can best be expressed as sparks of activity within a mostly tentative purchasing environment. Sellers who priced their homes appropriately enjoyed busy open houses in their first weekend on the market followed by multiple offers. With rates surging today – to near 7.0%

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Lamacchia Realty

JULY 22, 2022

Last year’s major increases were due to the market catching up from 2020 when everything stopped during the pandemic. Sales are down now due to major mortgage rate increases crushing buyer affordability, and other buyers are pulling out of the home search with concerns of buying at the top of the market. for singles, -14.7%

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Listing Spark

FEBRUARY 7, 2024

In this article, we will recap what exactly happened to the real estate market in Texas last year and discuss some predictions for the rest of this year. Some markets were affected more than others. The market froze as a result of buyer fear and an already strained affordability issue. Which doesn’t seem too bad.

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Real Estate Sellers Home Value Inventory 36

Lamacchia Realty

JULY 26, 2023

Last year was the beginning of the market decelerating and shifting away from the pandemic-era frenzy. High demand and low supply makes housing a commodity, but if there are more houses than there are buyers, we may start to see the first hints of a more balanced market this year. times what they were during the pandemic.

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