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Opinion: Here’s the latest data on what Realtors are witnessing in the housing market

Housing Wire

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
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Rising home prices take a toll on pending home sales

Housing Wire

in October – the second consecutive month the index has fallen as affordability strains the market, a recent report from the National Association of Realtors said. However, borrowers are still maintaining a strong pace, as contract signings are up 20.2% pending home sales fell 1.1% compared to a year ago.

Realtors 532
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Pending home sales shock 2021 housing crash bears

Housing Wire

From the National Association of Realtors : “The Pending Home Sales Index (PHSI), a forward-looking indicator of home sales based on contract signings, rose 7.5% An index of 100 is equal to the level of contract activity in 2001.” When inventory rises and more supply is on the market, this means demand is fading.

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Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

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. Top Ranked Realtors: Paige Martin & The Houston Properties Team. I May Need To Sell.

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2023 Real Estate Forecast: Market to Regain Normalcy

Empire Appraisal Group

While 2022 may be remembered as a year of housing volatility, 2023 likely will become a year of long-lost normalcy returning to the market, economists predicted Tuesday during the National Association of REALTORS®’ annual Real Estate Forecast Summit. NAHB: Sharp Contraction in Construction. Bright MLS: The Great Reset. “We

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Existing home sales will drop to 4.78 million in 2023, NAR predicts

Housing Wire

The National Association of Realtors predicts there will be 4.78 million existing homes sold in 2022 already represent a 16% year-over-year decrease and the lowest number of existing home sales since 2014. Fraud risk continues to rise even as the market contracts . million existing home sales in 2023, down 6.8%

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Experts optimistic about home sales in 2021

Housing Wire

drop in November , according to a report from the National Association of Realtors. It’s the fourth consecutive decline, but many housing industry observers see big potential for the year ahead. However, contract signings rose 21.4% pending home sales dipped to the tune of 0.3% in December following a 2.6%

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