Housing Wire

JUNE 28, 2022

This data line lags the current housing market as it’s a few months old. Since 2014, we’ve not seen the credit housing boom that we saw from 2002-2005. The housing market can’t replicate the type of massive credit expansion we saw from 2002-2005, so the price-growth story has more to do with inventory collapsing to all-time lows.

Housing Market 458

Housing Market Marketing Inventory Investors 458

Housing Wire

NOVEMBER 13, 2023

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. The report is an annual survey of homebuyers and sellers who closed transactions between July 2022 and June 2023.

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Real Estate Agent Real Estate Agents Sellers 410

Housing Wire

APRIL 14, 2023

This article is part of our 2023 Housing Market Forecast series. The monthly Realtors Confidence Index is an essential measure of what real estate professionals are seeing in their local markets and how the market is evolving on a monthly basis. One such measure is who is entering the market. Today, the average is 2.7

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Realtors Buyers Inventory Sellers 432

Housing Wire

OCTOBER 1, 2022

The real estate market has shifted, and we are in a new housing paradigm. 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. However, in many areas of the country it does remain a seller’s market.

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Realtors Housing Market Marketing Buyers 397

Housing Wire

JANUARY 26, 2021

Record low inventory and strong buyer demand once again pushed up the cost of homes in the U.S., November’s numbers mark the greatest annual growth rate since February 2014 and even blew past the 8.4% Over the past few decades, the inventory of affordable homes has been in sharp decline while home prices have risen dramatically.

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Inventory Housing Market Buyers Sellers 544

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. in 2022, the weakest showing since 2014. percentage points of the loan amount,” Nunziata said. in November, down from a 9.2%

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Marketing Government Mortgage Sellers 410

Housing Wire

FEBRUARY 9, 2022

One thing is certain: potential buyers of all ages are not happy about the current market conditions. It’s simple: inventory levels were at all-time lows in 2021 and they just got worse in 2022, don’t make it any more complicated than that. It can be stressful enough when the markets are regular, like they were from 2014-to 2019.

Inventory 370

Inventory Buyers Sellers Investors 370

Housing Wire

FEBRUARY 9, 2022

One thing is certain: potential buyers of all ages are not happy about the current market conditions. It’s simple: inventory levels were at all-time lows in 2021 and they just got worse in 2022, don’t make it any more complicated than that. It can be stressful enough when the markets are regular, like they were from 2014-to 2019.

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Inventory Buyers Sellers Investors 370

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. The downside of rates moving up so quickly is that some sellers pull the plug until rates are better.

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Mortgage Inventory Sellers Housing Market 504

Housing Wire

OCTOBER 26, 2023

He told the jury that sellers also benefit because it brings more foot traffic and attention to their listings. Stevens disagreed, saying that in some markets it is now harder than ever to buy a home. Stevens said it was harder in some markets, in part, because there is currently very little housing inventory.

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Buyers Sellers Agents Law 421

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. Housing inventory issue with no booming demand. Total Inventory had been growing from 2001-2005; total listings data in 2005 was at the higher historical range of 2.5

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Inventory New Listings Law Housing Market 384

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 504

Housing Wire

NOVEMBER 29, 2021

Last week, I wrote about how the existing home sales markets outperformed my peak sales range in the past two sales reports. “This solid buying is a testament to demand still being relatively high, as it is occurring during a time when inventory is still markedly low.” Remember, be the detective, not the troll.

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Inventory Contracts Training Investors 530

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. a year earlier.

Housing Market 458

Housing Market Design Inventory Sellers 458

Housing Wire

MAY 11, 2021

Customers can now sell and buy homes with Opendoor in 27 different markets compared to 21 one year ago. How Opendoor could sell comparably fewer homes in Q1 amid historically high demand and low inventory was not addressed on a Tuesday earnings call. And by some secondary measurements, Opendoor is growing.

Real Estate Agent 370

Real Estate Agent Real Estate Brokerage Inventory 370

Housing Wire

APRIL 1, 2024

At the same time, seller volume dried up. But now sellers are coming back into the market. Total available inventory is gradually climbing about 1% per week — last year it was still declining in April. As we roll into the second quarter, we should have accelerating inventory growth each week.

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Inventory New Listings Contracts Sellers 466

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. by the end of next year.

Real Estate 78

Real Estate Marketing Buyers Sellers 78

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.

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Housing Market Marketing Mortgage Inventory 500

Birmingham Appraisal

JUNE 28, 2022

Has There Been a Shift In The Real Estate Market? From all indications, there has been a definite shift in the real estate market. The recent increase in interest rates has injected another variable into the market that participants are reacting to. This is yet another indication of a shifting market.

Real Estate 52

Real Estate Marketing Inventory Sellers 52

Birmingham Appraisal

JULY 27, 2022

Do Buyers Have a Leg Up In Today’s Market? The smell of a market shift is in the air but what does this mean for the average buyer? The steep rise in home prices, and the market’s competitive nature, have tested the resolve of buyers. Months of Inventory/Active Listings – The months of inventory is on the rise.

Buyers 87

Buyers Inventory Sellers Appraisal 87

Housing Wire

OCTOBER 2, 2020

Like other mortgage firms, California-based AmeriHome has captured a glut of business over the last year due to low interest rates and paltry inventory. “Through our correspondent channel, we primarily purchase and aggregate residential mortgages from trusted third-party originators, who we refer to as ‘correspondent sellers.’

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Valuation Mortgage Business Modernization 344

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.

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Inventory Housing Market Construction Marketing 522

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. The housing market is one sector that can turn positive or negative very quickly depending on mortgage rates or one-time shocks like we saw with COVID-19.

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Housing Market Marketing Inventory Mortgage 508

Housing Wire

APRIL 11, 2022

Given the current housing inventory crisis, it might surprise people to realize this: we built too many homes during the housing bubble years. 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. months for the new home sales market.

Inventory 504

Inventory Housing Market Marketing Modernization 504

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 491

Mortgage Inventory Housing Market Construction 491

Housing Wire

MARCH 29, 2022

Given the current housing inventory crisis, it might surprise people to realize this: we built too many homes during the housing bubble years. 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. months for the new home sales market.

Inventory 410

Inventory Housing Market Marketing Modernization 410

Lamacchia Realty

NOVEMBER 16, 2021

Quite often, too often, in fact, REALTORS ® hear home sellers say that they want to take their home off the market for the holiday season. September and October are usually the months with an increased number of homes on the market , and then as those homes sell or people begin taking them off the market, inventory decreases.

Inventory 69

Inventory Buyers Sellers Realty 69

Cornerstone

FEBRUARY 2, 2021

Housing inventory is at an all-time low , sitting far below the 6-month supply required to support a healthy market. Because of the competitive market conditions mentioned above, homebuyers have to do whatever they can to stand out — including getting prequalified for a mortgage before they start shopping.

Landlords 67

Landlords Loan Officers Buyers Sellers 67

Housing Wire

FEBRUARY 14, 2022

Some agents, like ones at RE/MAX , even pay the brokerage fees for office space and marketing tools. 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. million members are independent contractors.

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Business Brokerage Real Estate Agent Agents 370

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. Need To Sell?

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

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 540

Inventory Housing Market Mortgage Construction 540

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. = But more often than not, the effect is measured in terms of the “market’s reaction” and not the actual dollars expended.

Appraisal 52

Appraisal Business Marketing Agents 52

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 55

Inventory Sellers Buyers Contracts 55

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. ” The overall drop in pending home sales over the final quarter of 2020 can be contributed to a lack of inventory, according to Lawrence Yun, NAR’s chief economist. .

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Contracts Real Estate Housing Market Technology 531

Housing Wire

APRIL 27, 2022

Tuesday, the new home sales report for March came in as a miss of estimates at 763,000, but the revisions were all positive, which shows that the housing data is still lagging behind the current market reality. The new home sales market doesn’t have a 28% cash-buyer profile as we saw in the last existing home sales report.

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Construction Buyers Housing Market Inventory 370

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

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Construction Housing Market Sellers Marketing 370

Housing Wire

APRIL 5, 2021

While the position of the Fund has strengthened in recent years and continues to do so largely as the result of a robust housing market driven by low inventory, low interest rates, and solid home-price appreciation, there are many reasons to proceed cautiously and to continue to prepare for the unexpected.

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Insurance Mortgage Housing Market Government 331