Housing Wire

MAY 7, 2023

2017 99,880 2016 88,105 2015 94,101 As you can see in the chart below, new listing data is very seasonal; we don’t have much time to get some more growth here. Even though the labor market is currently showing signs of getting softer , there is no job-loss recession yet. didn’t go into recession until 2008.

Inventory 479

Inventory Housing Market Marketing New Listings 479

Housing Wire

NOVEMBER 18, 2022

On a positive note, however, the days on the market are no longer a teenager anymore: that metric grew from 18 days to 21 days. I cheer because the savagely unhealthy housing market theme I talked about back in February of this year was the same premise of the housing reset talking point the Federal Reserve uses.

Inventory 457

Inventory Marketing Housing Market New Listings 457

Housing Wire

MARCH 5, 2024

Most home sellers are buyers of homes, so the action we are seeing this year is a healthy step in the right direction to get more balance in the housing market ,” Mohtashami wrote on Saturday. For context, active listings during the same time frame in 2015 were substantially higher at 958,304. Between Feb.

Mortgage 423

Mortgage Inventory Sellers Investors 423

Housing Wire

MAY 28, 2023

And on Wall Street, many traders were short the bond market, meaning that a lot of speculative trades were made betting that bond yields would quickly go higher. Since the banking crisis started, the mortgage market has gotten increasingly stressed , and the recent debt ceiling issues didn’t help.

Housing Market 489

Housing Market Mortgage Marketing Inventory 489

Housing Wire

JANUARY 9, 2023

This article is part of our 2022 – 2023 Housing Market Forecast series. These buyers are primarily local community developers who purchase distressed properties and then resell or rent those properties on the retail market following rehab — a process that typically takes six to 12 months. .

Retail 425

Retail Sellers Buyers Market Value 425

Housing Wire

FEBRUARY 27, 2023

We created the weekly Housing Market Tracker because housing data has been so wild since 2020. The housing market madness persisted last week as inventory fell and higher mortgage rates took a bigger bite out of purchase application data. A traditional seller is a conventional buyer most of the time.

Housing Market 401

Housing Market Marketing Inventory New Listings 401

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. “The largest, undisrupted market in the U.S.,” Opendoor set out on its disruptive journey in 2014, and Offerpad followed soon after in 2015.

Marketing 396

Marketing Inventory Renovations Investors 396

Housing Wire

JANUARY 30, 2024

The mortgage-servicing rights (MSR) market remains robust as we turn the corner into 2024, and though it is expected to slightly underperform 2023, the market is still projected to notch healthy trading volumes in 2024 — hovering near the $1 trillion mark for the fourth year in a row, market observers forecast.

Marketing 330

Marketing Mortgage Sellers Buyers 330

Housing Wire

JULY 2, 2023

We have often discussed that the housing market dynamics changed starting Nov. A traditional seller is also a traditional buyer, and certain homeowners have refused to buy their next home with mortgage rates above 6%. Since May 15, that trend has continued to the point that inventory in America is now negative year over year.

Inventory 444

Inventory Housing Market Marketing New Listings 444

Housing Wire

MARCH 26, 2023

The financial and housing markets are still trying to sort out the banking crisis and whether we have seen the last Fed rate hike in this cycle. On these crazy days in the financial markets, I stress to people, it’s not how the trading day goes that matters; it’s the final closing number.

Inventory 433

Inventory Housing Market Marketing Mortgage 433

Housing Wire

JUNE 25, 2023

The affordability hit with higher mortgage rates has impacted new listings data since most sellers are buyers, thus facilitating an all-time low in new listings data. More importantly, it showed that the days on market dropped back to the teenager level, which means we are once again in a savagely unhealthy housing market.

Inventory 401

Inventory Housing Market Marketing New Listings 401

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.

Realtors 306

Realtors Agents Inventory Modernization 306

Housing Wire

OCTOBER 27, 2023

One of the most important roles we play at ALTA is strongly encouraging buyers to shop around for their title insurance company. Often the buyer asks the real estate agent or lender for a recommendation, but we always encourage buyers to explore their options. On the East Coast, the buyer typically pays.

Insurance 487

Insurance Real Estate Buyers Real Estate Agent 487

Housing Wire

JUNE 1, 2024

So, what does this all mean for the housing market and the future of mortgage rates? If we witness more softness in the labor market, the 10-year yield and the labor data will eventually force the Fed’s hand. If we witness more softness in the labor market, the 10-year yield and the labor data will eventually force the Fed’s hand.

Mortgage 427

Mortgage Inventory New Listings Housing Market 427

Housing Wire

AUGUST 21, 2023

510 PadSplit 1,152% 2017 Creator of a co-living market platform enabling workers to live in the communities they serve. 533 ReBuilt 1,096% 2015 Vertically integrated marketplace helping homeowners sell their unwanted property and real estate investors find great off-market deals. 4,105 FirstCloseFirstclose.

Real Estate 354

Real Estate Real Estate Agent Technology Investors 354

Housing Wire

DECEMBER 9, 2023

Naturally, some people thought home prices would crash in 2023 as many market players said prices always follow volume. Since most sellers are also buyers, getting growth in this data line will be a positive for home sales in 2024. This will bring more inventory to the marketplace and get more sellers, who will also be buyers.

Mortgage 519

Mortgage Inventory New Listings Sellers 519

Housing Wire

MARCH 19, 2023

The housing market was crazy again last week. This assumes the spreads are wide as the mortgage-back securities market is still very stressed. This bond market is screaming at the Fed to cut rates. So, the market is wild and the Fed might not care what short-term rates are doing now. The economic data was OK last week.

Housing Market 371

Housing Market Marketing Inventory New Listings 371

Housing Wire

MAY 1, 2024

In a hostile housing market and a noisy industry environment, why is Zillow outperforming?” The product led organic marketing growth story is rare, but it is common for the great ones. Barton added that since 2015, Zillow has shrunk its Premier Agent partner base by roughly 60%, while increased its Premier Agent revenue by more than 2.5

Agents 338

Agents Real Estate Contracts Real Estate Agent 338

Housing Wire

MARCH 11, 2024

With a 10% increase in year-over-year total transactions — even in a down market — NotaryCam is poised to drive even more RON adoption across multiple verticals in 2024 while also continuing to champion mortgage lenders’ digital transformation efforts.” Last year saw NotaryCam execute transactions in 160 of 192 countries worldwide.

Law 359

Law Real Estate Sellers Investors 359

Housing Wire

MAY 11, 2024

Mortgage rates and the bond market have fallen a bit recently and the spreads between the 10-year yield and 30-year mortgage rate have improved over last year’s levels. To see mortgage rates drop and stay lower, the bond market needs to know the labor market is getting softer. That’s a 0.50% difference in rates.

Mortgage 397

Mortgage Inventory New Listings Housing Market 397

Housing Wire

NOVEMBER 25, 2023

Lower mortgage rates tend to take housing supply off the market and demand has been picking up lately as rates have fallen. Instead, let’s look at the future: If the 10-year yield can break under 4.34% with some kick from bond buyers, we have an excellent shot at getting under 7%. Weekly inventory change (Nov.

Inventory 524

Inventory Mortgage New Listings Buyers 524

Housing Wire

JANUARY 5, 2024

Since its founding in 2015, remote online notarization (RON) platform Proof , formerly known as Notarize , has helped sellers and buyers close $347 billion worth of real estate transactions, according to an announcement on Friday. While the firm is pleased with this milestone, it has its sights set on California.

Law 401

Law Real Estate Insurance Sellers 401

Housing Wire

OCTOBER 26, 2023

During plaintiff lead attorney Michael Ketchmark’s cross examination of Warner, he presented her with some statistics showing that HomeServices affiliated agents in four Missouri markets paid buyer broker commissions of roughly 3% in at least 88% of the transactions completed between 2015 and 2022.

Law 341

Law Agents Brokerage Buyers 341

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? Over the past two years, buyers have been put through the wringer. The steep rise in home prices, and the market’s competitive nature, have tested the resolve of buyers.

Buyers 90

Buyers Inventory Sellers Appraisal 90

Housing Wire

JUNE 28, 2023

David Dunn of advisory firm Province , the chief restructuring officer for Peer Street, cited in court filings that surging rates, reduced demand for mortgages, and declining institutional buyers’ appetite for below-current-market-rate loans led to the Chapter 11 case. Burry was one of PeerStreet’s first investors in 2015.

Investors 396

Investors Real Estate Mortgage Investing 396

Housing Wire

DECEMBER 2, 2023

I said the 10-year yield would only break below 3.37% if the labor market breaks — this level is the “Gandalf line” I have used all year. One concern with higher mortgage rates was that more sellers — who are traditional buyers — would not list their homes. In Q3, the U.S. economy grew above 5%, and jobless claims headed lower.

Mortgage 542

Mortgage Inventory New Listings Sellers 542

Housing Wire

MAY 18, 2023

In a fast-paced real estate market, many potential homebuyers miss out on their dream homes due to the lengthy mortgage approval process. “When Guaranteed Rate introduced the world’s first fully digital mortgage in 2015, it revolutionized the industry. .

Real Estate Agent 381

Real Estate Agent Technology Real Estate Realtors 381

Housing Wire

MAY 3, 2023

I wanted to close before May 1, so I selected a buyer who was already in underwriting. My agent exchanged a few emails with the buyer’s agent over a few minor repair requests, but this was all buttoned up very quickly. She made clear in our first conversation that the commission would only drop to 5% if she also found the buyer.

Agents 389

Agents Real Estate Agent Brokerage Real Estate 389

Housing Wire

AUGUST 13, 2023

This happened as expected, except we had a lousy bond auction, which meant too much debt supply came online with insufficient buyers. For my 2023 forecast , my range on the 10-year yield has been between 3.21%-4.25%, emphasizing that the bond yields can go lower than 3.21% only if the labor market breaks.

Mortgage 362

Mortgage Inventory New Listings Retail 362

Housing Wire

APRIL 1, 2024

While many proptech companies have struggled to adapt to the slower housing market conditions and challenging venture capital environment, Flyhomes is viewing this as a time to grow. This assessment is crucial to transition from the bridge loan to refinance after the sale of the departing residence.”

Loan Officers 347

Loan Officers Clients Mortgage Construction 347

Housing Wire

NOVEMBER 11, 2023

That is the critical period for new listing data to grow; remember, most sellers are buyers. The history of mortgage rates and the 10-year yield has been that once the Fed is done hiking rates, the bond market rallies and mortgage rates head lower. However, this has always been about the labor market and jobless claims data.

Inventory 445

Inventory New Listings Mortgage Retail 445

Housing Wire

JANUARY 3, 2024

It has shown a willingness to absorb operational losses as a landlord, losing almost $2 million last year and almost $5 million since 2015. And while Aspen and Austin are pricey housing markets, their need for housing that the general workforce can afford is universal. Pecos-Barstow-Toyah ISD in West Texas is spent $16.6

Landlords 429

Landlords Home Value Construction Renovations 429

Housing Wire

JUNE 25, 2021

Per a recent report from Redfin , the typical iBuyer-owned home found a buyer after 13 days on the market — the quickest pace since at least 2015, when Redfin began recording iBuyer data. The typical, non-iBuyer home in the market spent 31 days on the market in the first quarter. from the prior quarter.

Renovations 346

Renovations Marketing Buyers Inventory 346

Hank Miller Team

MARCH 21, 2022

It’s hard to find a housing market not presently on fire, Atlanta is no different. Compared to a decade ago and the worst housing crisis ever, this market turn around improvement is among the tops in the country. The Atlanta real estate market explosion is due in large part to its broad appeal, size and vast selection of properties.

Real Estate 98

Real Estate Marketing Sellers Inventory 98

Housing Wire

SEPTEMBER 14, 2023

housing market is short by at least 6.5 After more than a decade of under-building relative to population growth, there are simply not enough affordable entry-level and first-time move-up options available for buyers. ADUs are one of the most effective ways to add density and rental properties in a higher cost market.

Tenants 360

Tenants Government Law Buyers 360

Housing Wire

OCTOBER 26, 2021

The company, founded in 2015, uses artificial intelligence to streamline and accelerate the mortgage process for community lenders and their borrowers. mortgage market. Large, online lenders are increasing their market share each year. Maxwell has raised a total of $73.8 million in the last 16 months.

Mortgage 345

Mortgage Investors Technology Business 345

Housing Wire

APRIL 29, 2022

Just like Earth, mortgage rates and housing markets are cyclic and we’re heading into another Ice Age. If I believe Twitter and the charts and graphs that show 2015 trends or 2020 trends or 1982 trends, I can’t help but to ask, what if these are not an indicator of today, but the beginning of a new normal? The new normal.

Mortgage 370

Mortgage Real Estate Agent Technology Inventory 370