Housing Wire

NOVEMBER 10, 2023

It’s the highest share of all-cash transactions recorded since 2014. Redfin classified purchases as all-cash when transactions had no mortgage loan information on the deed. High mortgage rates are exacerbating inequality between people who own homes and people who don’t,” Redfin Senior Economist Sheharyar Bokhari said.

Mortgage 429

Mortgage Buyers Insurance Government 429

Housing Wire

AUGUST 3, 2022

To say that mortgage rates have been on a wild Mr. Toad’s ride in 2022 is an understatement. People thought the mortgage rate drama in 2013-2014 was a lot when rates went from 3.5% People thought the mortgage rate drama in 2013-2014 was a lot when rates went from 3.5% We saw this in 2013-2014 and 2018-2019.

Mortgage 498

Mortgage Inventory Sellers Housing Market 498

Housing Wire

NOVEMBER 13, 2023

Buying a house was obtainable only for the haves in 2023 as home prices and mortgage rates soared. Homebuyers’ median household income increased by $19,000 this year from 2022, reaching $107,000, according to the National Association of Realtors ’ 2023 Profile of Homebuyers and Sellers. Meanwhile, in September, one-third of U.S.

Real Estate Agent 382

Real Estate Agent Real Estate Agents Sellers 382

Housing Wire

AUGUST 10, 2022

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. Once that happens, I can finally take the savagely unhealthy housing market theme off my talking points. What does this mean? million to 1.93

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Inventory New Listings Housing Market Sellers 519

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

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Realtors Buyers Inventory Sellers 421

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. This means 4%+ mortgage rates. NAR_Research.

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Inventory Housing Market Marketing Realtors 506

Housing Wire

JANUARY 26, 2021

November’s numbers mark the greatest annual growth rate since February 2014 and even blew past the 8.4% Novembers numbers were buoyed by record-low mortgage rates, Speakman noted, which plumbed new depths in November. Record low inventory and strong buyer demand once again pushed up the cost of homes in the U.S., in October.

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Inventory Housing Market Buyers Sellers 544

Housing Wire

JANUARY 7, 2021

For the second consecutive month , Fannie Mae’s Home Purchase Sentiment Index , a composite index designed to track the housing market and consumer confidence to sell or buy a home, dropped six points in December to 74. in November, compared to the year prior, marking the largest annual appreciation since March 2014.

Housing Market 449

Housing Market Design Inventory Sellers 449

Housing Wire

FEBRUARY 1, 2023

High interest rates, coupled with a still-low supply of housing, have created price hurtles that are keeping many first-time homebuyers and lower-income borrowers locked out of the housing market. Nobody was doing buydowns in 2020 and 2021 [when 30-year fixed mortgage rates were in the 3% range]. in year one, go to 5.2%

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Marketing Government Mortgage Sellers 404

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. Have higher rates worked?

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Housing Market Marketing Mortgage Inventory 493

Housing Wire

MAY 11, 2021

“We are getting better and more efficient at this,” Wu said, providing as evidence that Opendoor sold more homes during the first weekend on market and for higher prices per sale – phenomena that touched every corner of the housing market at the start of 2021.

Real Estate Agent 348

Real Estate Agent Real Estate Brokerage Inventory 348

Housing Wire

FEBRUARY 9, 2022

Another interesting fact about 2021 was that certain people put a lot of weight on housing being held up by investors or iBuyers, reflecting that buying conditions had deteriorated so much in the survey in 2021. It can be stressful enough when the markets are regular, like they were from 2014-to 2019. So what is the issue here?

Inventory 370

Inventory Buyers Sellers Investors 370

Housing Wire

FEBRUARY 9, 2022

Another interesting fact about 2021 was that certain people put a lot of weight on housing being held up by investors or iBuyers, reflecting that buying conditions had deteriorated so much in the survey in 2021. It can be stressful enough when the markets are regular, like they were from 2014-to 2019. So what is the issue here?

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Inventory Buyers Sellers Investors 370

Housing Wire

OCTOBER 11, 2022

There’s a showdown at the housing market corral between homebuyers and sellers. When I came up with the “ savagely unhealthy housing market ” label in February of this year, it was based on the premise that the housing inflation story that we have had to deal with since 2020 was a historical event.

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Sellers Inventory Housing Market New Listings 498

Housing Wire

NOVEMBER 8, 2023

Offerpad is an instant buyer, or iBuyer, a company that gives sellers cash offers for their homes and attempts to resell the homes for a profit, sometimes after making renovations. Opendoor set out on its disruptive journey in 2014, and Offerpad followed soon after in 2015.

Marketing 411

Marketing Inventory Renovations Investors 411

Housing Wire

DECEMBER 26, 2022

Starting this week, I will analyze weekly data in a Housing Market Tracker article every Monday to provide a status update on the U.S. housing market and economy. This weekly tracker will give you updates on the data lines that don’t need to wait for monthly housing data reports. . Housing market inventory.

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Housing Market Marketing Inventory Mortgage 493

Housing Wire

NOVEMBER 29, 2021

Who is crazy enough to write an American economic recovery model on April 7, 2020, and try to explain to people why housing isn’t going to crash due to demographics, good credit profiles and low mortgage rates? Mother Demographics and low mortgage rates are two very hard competitors to go against when advocating an epic housing crash.

Inventory 527

Inventory Contracts Training Investors 527

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. Inventory has been falling for years but people ignored the trend because some were always talking about the housing bubble 2.0 crash, especially from 2012-2019.

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Inventory New Listings Law Housing Market 382

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. percent (±11.9

Mortgage 469

Mortgage Inventory Housing Market Construction 469

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. KEY RESOURCES: Study Of How Previous Pandemics Affected The Real Estate Market.

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Empire Appraisal Group

JANUARY 11, 2023

2023 Real Estate Forecast: Market to Regain Normalcy. Source: 2023 Real Estate Forecast: Market to Regain Normalcy (nar.realtor). But even though mortgage rates and home prices are expected to moderate, home sales may still sag under persistent inventory shortages, housing economists predict. compared to 2022.

Real Estate 78

Real Estate Marketing Buyers Sellers 78

Housing Wire

APRIL 1, 2024

As mortgage rates rose starting in 2022, payment affordability got dramatically worse and homebuyer demand dried up. At the same time, seller volume dried up. But now sellers are coming back into the market. When mortgage rates rose in January February and into early March, that sales growth slowed.

Inventory 457

Inventory New Listings Contracts Sellers 457

Housing Wire

FEBRUARY 14, 2022

Living on commissions often means getting paid more for convincing a buyer to increase their acceptable price range or coaxing a seller to hold out for a more lucrative deal. Noah Goldberg came to Redfin in 2014, nine years after graduating from American University and bouncing between different corporate jobs. “I

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Business Brokerage Real Estate Agent Agents 369

Appraisal Today

APRIL 1, 2023

NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, real estate market, regression and AVMs, unusual homes, mortgage origination stats, etc. = This type of business requires research and personal (one-on-one) marketing, similar to the old mortgage broker market.

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Appraisal Business Marketing Agents 52

Housing Wire

JULY 13, 2022

Looking at the housing market in the years 2020-2024, one risk i identified early on was that home prices could accelerate more in this period than we saw in the previous expansion if inventory channels broke to all-time lows. housing market as savagely unhealthy. Over the last two and a half years of U.S.

Inventory 539

Inventory Housing Market Mortgage Construction 539

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 513

Inventory Housing Market Construction Marketing 513

Housing Wire

APRIL 11, 2022

Yes, but this is where my work is much different from other housing economists and why we need to think of inventory in a new, modern 21st-century mindset. We had a few years where sales missed expectations in 2013, 2014, and 2015. million total housing starts until 2020-2024, when demand would warrant that many housing starts.

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Inventory Housing Market Marketing Modernization 498

Housing Wire

MARCH 29, 2022

Yes, but this is where my work is much different from other housing economists and why we need to think of inventory in a new, modern 21st-century mindset. We had a few years where sales missed expectations in 2013, 2014, and 2015. million total housing starts until 2020-2024, when demand would warrant that many housing starts.

Inventory 404

Inventory Housing Market Marketing Modernization 404

Housing Wire

AUGUST 23, 2022

Tuesday’s new home sales report missed expectations and had negative revisions, which isn’t surprising given this sector of our economy simply can’t handle higher mortgage rates. 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.

Construction 370

Construction Housing Market Sellers Marketing 370

Housing Wire

APRIL 27, 2022

That data shows how housing was still on pace to have another solid year before mortgage rates got over 5%. The most recent housing starts data on permits and starts side of the equation was fine this month, but it also lagged the current rates environment. From Census: Sales of new single?family

Construction 355

Construction Buyers Housing Market Inventory 355

Housing Wire

JANUARY 29, 2021

Realtor.com’s Housing Market Recovery Index showed significant contract growth, specifically in Portland, Las Vegas, Denver, Los Angeles, and Boston. HousingWire’s virtual demo days are designed specifically to help mortgage industry decision makers identify the technology solutions they need to operate efficiently and securely.

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Contracts Real Estate Housing Market Technology 529

Housing Wire

APRIL 5, 2021

In its most recent annual report to Congress, November 2020, the Federal Housing Administration ( FHA ) published its “capital ratio,” a measure of capital reserves to insurance-in-force held within the Mutual Mortgage Insurance Fund (MMI Fund). By way of example, seller-funded down payment loans prevalent in the early 2000s had a $16.5

Insurance 241

Insurance Mortgage Housing Market Government 241

Houston Properties

JANUARY 12, 2022

Houston Real Estate Market Forecast: Current Data & 2022 Predictions. Concerned about a housing market crash? While no one ever thinks they’ll be forced to sell in a down market, very few people predicted 9/11 (2001), Great Recession (2008), the collapse of oil prices (2014), or Hurricane Harvey (2017).

Real Estate 36

Real Estate Marketing Real Estate Agent Realtors 36

Will Springer Realtor

MAY 13, 2024

today – may hold the keys (literally and figuratively) to the housing conundrum. Baby Boomers still have a significant impact on various aspects of society, including the housing market, healthcare and the economy. home sales in 2023, the highest level since 2014. But for how long?

HOA 36

HOA Transportation Construction Buyers 36

Will Springer Realtor

DECEMBER 14, 2021

A shortage of homes for sale sparked some of the fastest-moving deals in memory, particularly on the Eastside, where single-family homes “sat” on the market for a median 5.4 What will the 2022 Seattle/King County housing market offer? Buyers will continue to outstrip sellers by a significant margin but less extreme than in 2021.

Real Estate 69

Real Estate Buyers Construction Sellers 69

Houston Properties

JULY 22, 2022

Get A FREE Home Valuation Enter your email to receive a free, easy to read seller's guide on how to sell your house in the shortest time for the most money. Additional Resources For Houston Home Sellers. You can also inquire how much your home needs work or get a marketing plan for your property. – Sarah Harris.

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Real Estate Agent Real Estate Realtors Agents 36

Will Springer Realtor

MAY 9, 2022

DID SOMEBODY SAY, ‘HOUSING BUBBLE?’. Are we in a housing bubble? The housing market has become bubbly,” said economist Enrique Martinez-Garcia of the Federal Reserve Bank of Dallas. He was one of the authors of a recent report that found signs of a housing bubble in the real estate market.

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Architecture Design Buyers Construction 36