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New listings data falls for third week in a row 

Housing Wire

New listings data has been moving lower over the last few weeks. But, we need to see more growth in new listings data just to grow from 2023 levels. 2023 new listings data was the lowest ever on record, so it’s already a low bar.

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Why higher rates aren’t crashing home prices

Housing Wire

The housing bubble boys are a crew that from 2012 to 2019 screamed housing crash every year. 1 story in the second half of 2022 was that after mortgage rates spiked, new listing data started to go negative year over year, which was crazy because we were already working from all-time lows. Housing inventory The No.

Inventory 545
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How housing credit is shaping housing inventory

Housing Wire

A perfect example is that the last few years, new listings have been trending between 30,000 and 90,000 per week. It didn’t matter if mortgage rates were at 3% or 8%, new listing data has trended at historic lows the past few years. So you can see why we have so few stressed sellers.

Inventory 443
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Why purchase application data is below 2008 levels

Housing Wire

Post-2012, whenever mortgage rates rise, existing home sales always trend below 5 million. Homeowners are in a better financial situation now, they live in their homes longer and longer, so the inventory channels have been much different post-2012. New listing data is down 5% year to date, as you can imagine.

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Why home-price growth is still up 18% year over year

Housing Wire

This means all those men and women since 2012 who have been saying its housing 2008 all over again on their YouTube , Twitter, Facebook and other social media outlets simply don’t have the proper training to talk about housing economics. crash, especially from 2012-2019. New listings are declining now. From Redfin.

Inventory 382
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Is housing inventory growth really slowing down?

Housing Wire

One of the most important housing market stories in recent weeks has been the decline in new listings , which has slowed the growth rate of total inventory. Redfin : Realtor.com : Altos Research : Clearly, we are seeing a slowdown in new listings as the data has been negative now for months. What does this mean?

Inventory 519
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Are we seeing a mortgage rate lockdown?

Housing Wire

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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