Housing Wire

MAY 29, 2024

Details of the latest membership count comes as the trade group works to implement a series of major rule changes stipulated by the Sitzer/Burnett commission lawsuit settlement agreement, as well as fewer market opportunities for members due to historically low levels of existing-home sales inventory. Membership dipped just below 1.5

Realtors 306

Realtors Agents Inventory Modernization 306

Empire Appraisal Group

JUNE 6, 2024

Study: All-Cash Buyers Pay 10% Less A new study shows sellers would rather leave money on the table and accept an all-cash sale than risk losing the sale completely because the mortgage falls through. We find sellers are willing to leave money on the table to avoid the risk.” In policy terms, U.S.

Buyers 78

Buyers Sellers Real Estate Finance 78

Housing Wire

JULY 20, 2022

The savagely unhealthy housing market is continuing as we get closer to August. 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.

Inventory 506

Inventory Housing Market Marketing Realtors 506

Housing Wire

JUNE 8, 2022

I am going to do my best to try to make sense of what is happening with the housing market right now, since the years 2020-2024 have been a talking point of mine for years and my biggest concern since the fall of 2020 has been prices overheating — not having a deflationary collapse. . Total inventory grew this year, and sales were negative.

Inventory 545

Inventory Housing Market Marketing Mortgage 545

Housing Wire

OCTOBER 23, 2020

In the third quarter, luxury home sales jumped 41.5% , the biggest year-over-year shift since 2013, according to Redfin. And while real estate agents repping luxury homes aren’t seeing as many bidding wars as they did this summer , their respective housing markets are still crazy right now. 1, and runs through May 1.

Housing Market 534

Housing Market Marketing Real Estate Agent Real Estate 534

Housing Wire

OCTOBER 15, 2020

The good news is that there is plenty of demand for vacant properties, from both nonprofit and for-profit buyers. Seeking new inventory sources. If you had asked me about gentrification in Newark in 2012 and 2013, I would have told you I’m not worried about gentrification; we just need to get properties re-occupied.

Buyers 331

Buyers Development Renovations Retail 331

Housing Wire

NOVEMBER 9, 2022

But I need to explain why this level has more in common with 2014 housing data than the credit stress markets of 2005-2008, and why you should care. Understanding this data line and what it is trying to tell you will be more valuable than erroneously thinking the market is crashing and we’ll see a wave of foreclosures.

New Listings 469

New Listings Inventory Housing Market Sellers 469

Appraisal Buzz

JUNE 13, 2024

Data are compiled monthly in more than 430 local market areas across the country. framing lumber market weekly using the Random Lengths Framing Lumber Composite (comprised using prices from the highest volume-producing regions of the U.S. and Canada). points since Q1 of 2014.

Renovations 221

Renovations Inventory Marketing Housing Market 221

Housing Wire

JUNE 15, 2022

Mohtashami focused on the latest inventory and the Federal Reserve’s rate hike announcement. In 2013-2014, when rates jumped very fast, this index trended down by negative 20% year over year to hit an adjusted population all-time low in 2014. On a sour note, we still need more inventory to return to normal. Once we hit 1.52-1.93

Inventory 338

Inventory Investors Retail Housing Market 338

Housing Wire

AUGUST 3, 2022

People thought the mortgage rate drama in 2013-2014 was a lot when rates went from 3.5% The question is, can lower mortgage rates save the housing market from its recent downtrend? We saw this in 2013-2014 and 2018-2019. Also, we have to know that we aren’t working from a high level of inventory data as well. million.

Mortgage 498

Mortgage Inventory Sellers Housing Market 498

Housing Wire

JULY 30, 2021

In 2020, the S&P CoreLogic Case-Shiller price index reported the highest annual housing growth since 2013. Due to low inventory, sellers are able to put their homes up at a higher rate. And with today’s low interest rates, buyers have been rushing to purchase what’s available. Don’t Go Too Big.

Renovations 483

Renovations Buyers Sellers Investing 483

Housing Wire

MAY 12, 2021

Even with historically low levels of inventory, rising mortgage rates and uneven job growth, experts still believe 2021 will be a record year for home sales. trillion in home sales this year, a 17% increase year over year — the largest annual percentage increase since 2013, and a number that, if reached, would be a record high.

Housing Market 403

Housing Market Inventory Mortgage Market Value 403

Housing Wire

APRIL 22, 2024

I can also provide expert advice about renovations and the potential return on investment — where to get the biggest bang for your buck — or simply answer any questions you have about the market. You’ll want to include the list price, sale price, and days on market. There are still plenty of buyers interested in this area.

Real Estate 337

Real Estate Open Houses Brokerage Real Estate Agent 337

Housing Wire

MAY 9, 2022

housing market follow Canada? In short, the answer is no, we won’t have the type of home-price velocity that Canada has experienced because our housing market is more diverse than theirs. housing market is more tied to mortgage buyers. foreign buyers have always been less than 300,000 of total home sales for many years.

Housing Market 526

Housing Market Buyers Mortgage Marketing 526

Housing Wire

APRIL 18, 2023

Since launching as a call center in 2003, the California lender has expanded into the outside distributed retail model with a target on the purchase mortgage market, serviced its own loans and developed its tech stack in-house. Now that the market has turned, do you see any challenges for your purchase call center agents ?

Retail 296

Retail Business Agents Loan Officers 296

Housing Wire

MARCH 8, 2024

Real estate agents in the leafy suburbs of Bergen County, New Jersey say the current housing market — with historically low inventory and record-high prices — is actually more challenging than the multiple offer chaos they sweated through during the pandemic. “At Altos considers any score above 30 to be a seller’s market.

Housing Market 394

Housing Market Buyers Agents Marketing 394

Housing Wire

APRIL 15, 2022

We’ve all been wondering what 5% plus mortgage rates would do to the hot housing market, and now we’ve got that and a bag of chips. As a result, I’ve been rooting for mortgage rates to rise to create a balancing impact on this housing market. Inventory is still showing negative year-over-year data.

Housing Market 492

Housing Market Marketing Mortgage Inventory 492

Housing Wire

MAY 26, 2022

It’s an excellent time to discuss housing inventory. The housing market shifted in March of this year. Yes, crazy to think, but this is a survey trend data line, and the housing market was in free-fall at that time. How can housing inventory be so low today when it skyrocketed back in 2009? housing market.

Inventory 495

Inventory Housing Market Construction Marketing 495

Housing Wire

FEBRUARY 29, 2024

Bureau of Labor Statistics from 2013 to 2023. This has the potential to add even more economic pressure for prospective buyers looking for homes in these parts of the country, the analysis stated. Theoretically, new construction should be bolstered by the acute shortage of housing on the market,” Point2 said.

Inventory 386

Inventory Supply Chain Construction Buyers 386

Housing Wire

APRIL 21, 2022

Institutional real estate investors — often mammoth operators with ties to Wall Street — gobbled up record amounts of inventory in almost every corner of the pandemic-induced fever dream that was the 2021 housing market, with one notable exception: distressed properties sold at foreclosure auction. Bulk Buyer Bonanza.

Investors 387

Investors Renovations Marketing Retail 387

Lamacchia Realty

MARCH 24, 2022

In an unforeseen twist to the market, Tuesday saw 30-year mortgage rates reach 4.72% and surpass the level they weren’t predicted to reach until the end of the year. Shorter time frames aside, the 1.56% over 3 months is a bigger move than any 3 month window in 2013, and 1.94% over 7.5 What does this mean for buyers? Read More ».

Mortgage 57

Mortgage Sellers Buyers Realty 57

Housing Wire

MARCH 23, 2022

We finally got mortgage rates to rise, and for people like me who have been concerned about how unhealthy the housing market was last year — and it got a lot worse this year — it’s a blessing that was much needed. This sector on an apples-to-apples basis is more expensive than the existing home sales market. The only risk to that 6.2

Mortgage 443

Mortgage Inventory Housing Market Construction 443

Housing Wire

MARCH 18, 2021

Home prices have skyrocketed in the past year, and data from Redfin backs up what buyers, sellers, and agents have known for months. year-over-year to $336,200 in February – the largest increase since July 2013, according to the latest report from Redfin. Non-QM: New Market + New Rules = New Opportunities.

Buyers 545

Buyers Sellers Inventory New Listings 545

On Q Financial

FEBRUARY 22, 2021

As a result, buyers should want to find any ways to save on the final price tag. The market shifts seasonally, and inventory is constantly fluctuating. For example, inventory is typically higher in the summer than in winter, but prices may be higher at the beginning of summer vs. the end. Annual Market Trends.

Real Estate Agent 68

Real Estate Agent Inventory Sellers Finance 68

Housing Wire

DECEMBER 7, 2020

housing market was the single best outperforming economic sector globally during the COVID-19 pandemic in 2020. For now, though, the low inventory means housing starts have legs to move higher. Existing home inventory is also at all-time lows. Existing home inventory is also at all-time lows. New Home Supply. Hard pass.

Inventory 543

Inventory Construction Government Housing Market 543

McKissock

MARCH 1, 2021

Dara’s ability to listen to clients and her attention to detail landed her Exceptional Service Awards in 2011, 2012, and 2013 from Cartus/USAA, one of the nation’s largest relocation organizations. Some want me to summarize the market data and give concise guidance on market values.

Real Estate 90

Real Estate Clients Real Estate Agent Renovations 90

Housing Wire

OCTOBER 21, 2022

year-over-year decline in existing home sales in September and total inventory has now fallen on back-to-back reports. Earlier in the year, I labeled this a savagely unhealthy housing market based on the premise that Inventory would break to all-time lows, creating forced bidding and causing days on the market to collapse.

Housing Market 284

Housing Market Inventory New Listings Mortgage 284

Cleveland Appraisal Blog

JANUARY 5, 2023

We all needed some rest from the crazy housing market we’ve experienced in recent years. Like most markets across the country, the Cleveland area housing market has been red hot for the past few years. However, the markets have hit an abrupt slow down, or might I say, cool down, kind of like this ice skater experienced.

Housing Market 369

Housing Market Marketing Appraisal Inventory 369

Appraisal Today

DECEMBER 8, 2023

NOTE: Please scroll down to read the other topics in this long blog post on Non-lender appraisals, dealing with lender hassles, real estate market, unusual homes, mortgage origination stats, etc. = $36M Beachfront Beauty on Maui Hawaii Excerpts: What exactly makes this oceanside manse on Maui so desirable? Investor purchases of U.S.

Appraisal 69

Appraisal Real Estate Contracts Design 69

Housing Wire

MARCH 23, 2021

to a seasonally adjusted annual rate of 775,000 in February — the sharpest month-over-month decline since 2013, according to estimates by the U.S. While some economists pointed to harsh weather as a likely deterrent of February home sales, others noted the plague of rising home prices, limited inventory and the uptick in mortgage rates.

Construction 527

Construction Buyers Development Contracts 527

Housing Wire

FEBRUARY 23, 2021

Rates have slowly climbed back towards 3% in the past few months, but inventory is still low , keeping prices high. Finally, lumber and other building materials are still scarce, forcing construction companies to delay projects and prevent an inventory build-up. December 2020’s 10.4%

Inventory 427

Inventory Finance Contracts Construction 427

Clear Capital

AUGUST 30, 2021

The August 2021 Home Data Index (HDI ) Market Report shows national quarter-over-quarter (QoQ) home price growth is at 6.4 In that case, we encourage the consideration of the additional year-over-year comparison based upon price-per-square-foot, which may be more in line with market dynamics in this situation.

Marketing 69

Marketing Real Estate Inventory Construction 69

Lamacchia Realty

JANUARY 30, 2024

This scarcity in inventory had the effect of keeping prices high, but there was a substantial decrease in sales, approximately 19%, leaving prospective buyers eager. This resilience is more attributable to the reduction in inventory rather than a decline in sales. Maine Sales Decreased by 18.9%

Inventory 50

Inventory Sellers Buyers Contracts 50

Birmingham Appraisal

FEBRUARY 13, 2024

Knowing what the stats are and how to find them is very important in analyzing the real estate market because it helps us make informed decisions on pricing a home. Real estate professionals must grasp supply and demand statistics to accurately gauge market dynamics, ensuring they price homes competitively.

Real Estate 60

Real Estate Buyers Inventory Appraisal 60

Housing Wire

AUGUST 23, 2022

The housing market is in a recession, something that the homebuilders and the National Association of Realtors now agree with me on, as this recent CNBC clip shows. Over the years, I have tried to emphasize that the housing market in the U.S. We had missed sales estimates in 2013, 2014 and 2015. This is 12.6 percent (±16.9

Construction 370

Construction Housing Market Sellers Marketing 370

Will Springer Realtor

AUGUST 11, 2023

First, let’s set the scene: Housing inventory is shrinking year to year in most parts of the country and there are no signs of significant replenishment over the horizon. As the chart shows, a historically large segment of Millennials is inching toward 36, the median age of a first-time home buyer in the U.S.

Buyers 36

Buyers Development Construction New Listings 36

Will Springer Realtor

MARCH 14, 2022

This is in no way an effort to downplay the unfolding tragedy or appear tone deaf, but it is a fair question: Will residents in our region face economic challenges so severe that it will affect the real estate market? Most home buyers focus on the direction of interest rates. The answer is “very likely, yes.”.

Housing Market 36

Housing Market Marketing Real Estate Supply Chain 36