Housing Wire

APRIL 6, 2024

Weekly housing inventory data — both active inventory and new listings — are prone to one-week moves that deviate from a trend, especially if people are going Easter egg hunting. So, the fact that active inventory and new listings data fell last week isn’t a big deal. However, for now, this is a plus for the U.S.

Inventory 472

Inventory New Listings Mortgage Housing Market 472

Housing Wire

MARCH 30, 2024

The best housing story in 2024 is that inventory is growing — both active inventory and new listings. Still, new listing data is a positive story. Still, new listing data is a positive story. As we head into April, let’s see where we’re at on the Inventory side as are officially into spring.

Inventory 478

Inventory New Listings Mortgage Housing Market 478

Housing Wire

DECEMBER 9, 2023

Here is the price cut percentage data for the same week in other years: 2023 38% 2022 42% 2021 27% As you can see, affordability is an issue, and the price cut percentage is higher now than in any period from 2015-2021, but still below 2022 levels. Now lets take a look at the weekly inventory data. the seasonal peak this year was on Nov.

Mortgage 533

Mortgage Inventory New Listings Sellers 533

Housing Wire

MARCH 16, 2024

Weekly housing inventory data The one positive story for me in housing this year is that inventory is growing year over year for both active inventory and new listing data. Last year, II picked up on the trend that new listing data was creating a historical bottom as the data line wasn’t heading lower with higher rates.

Housing Market 497

Housing Market Inventory New Listings Marketing 497

Housing Wire

SEPTEMBER 24, 2023

On housing inventory , new listings data saw a small decline last week, but active listings grew at a healthy clip. We have had some volatile weekly numbers in the new listings data recently, but even with the mortgage rate spike, the decline was orderly, as it has been all year.

Mortgage 481

Mortgage Inventory New Listings Housing Market 481

Housing Wire

FEBRUARY 17, 2024

We should see the seasonal bottom soon and then the traditional increase in active inventory to match the growth in new listings data. This also assumes that new listing data stays on its path for growth year over year. However, 2023 was the lowest new listings data pool ever, which was an unhealthy outcome.

Mortgage 535

Mortgage Inventory New Listings Housing Market 535

Housing Wire

APRIL 23, 2023

Here’s a quick rundown of the last week: Active listings rose by 8,546 , and new listing data showed some growth. If that is the case, then this week’s gain in active inventory and new listings needs to be taken with a grain of salt until we get next week’s data. However, I will take what I can now.

Inventory 545

Inventory Housing Market Marketing New Listings 545

Housing Wire

MAY 21, 2023

New listings data fell, however, active inventory grew. Here’s a quick rundown of the last week: Total active listings grew by 3,809 weekly, but new listings are still trending at all-time lows. However, at this time last year, we saw some new listings growth versus 2021 levels. million to 1.04

Housing Market 500

Housing Market Marketing Inventory New Listings 500

Housing Wire

MARCH 2, 2024

Let’s take a look at the inventory data this year to test this premise, since for many months it has been a working theory of mine that new listings data behavior last year marked a bottom and even going into 2024 we should see more sellers. You can see our debate on this topic here.

Inventory 534

Inventory Mortgage New Listings Housing Market 534

Housing Wire

JANUARY 28, 2024

20-27): Inventory fell from 472,852 to 466,391 The inventory bottom for 2022 was 240,194 The inventory peak for 2023 is 569,898 For context, active listings for this week in 2015 were 938,453 Last week, we saw active inventory fall slightly week to week. 19-26) : Inventory fell from 506,414 to 503,233 Same week last year (Jan.

Inventory 520

Inventory New Listings Mortgage Marketing 520

Housing Wire

APRIL 30, 2023

Weekly housing inventory Since new listing data was trending at all-time lows in 2023, some feared we wouldn’t see the typical spring inventory increase. After the last few weeks , we can put that fear aside: we are finally getting the seasonal increase in active listing. This link explains the difference and is worth a read.

Inventory 520

Inventory Housing Market Marketing New Listings 520

Housing Wire

NOVEMBER 25, 2023

18): Inventory fell from 569,571 to 564,571 The inventory bottom for 2022 was 240,194 The inventory peak for 2023 so far is 569,898 For context, active listings for this week in 2015 were 1,104,514 New listings data fell weekly but showed positive year-over-year growth. Weekly inventory change (Nov.

Inventory 536

Inventory Mortgage New Listings Buyers 536

Housing Wire

FEBRUARY 10, 2024

While weekly inventory is still falling, we have year-over-year growth in total active listing and new listings data. For the first time in a while, this was a good week for new listing data. This calls into question a mortgage rate lockdown, as mortgage rates are also higher year over year.

Inventory 515

Inventory New Listings Retail Mortgage 515

Housing Wire

JANUARY 20, 2024

Housing inventory, new listing data and mortgage rates are all rising, but the price cut data percentages are falling. New listings data While new listings data isn’t growing in significant terms year over year — sorry, silver tsunami crowd — it is showing growth year over year. So far, so good in 2024.

Inventory 541

Inventory Mortgage New Listings Sellers 541

Housing Wire

JANUARY 6, 2024

6): Inventory fell from 490,809 to 471,349 The inventory bottom for 2022 was 240,194 The inventory peak for 2023 is 569,898 For context, active listings for this week in 2015 were 959,028 New listings data This is the year we should all be rooting for new listings data to grow.

Inventory 542

Inventory New Listings Housing Market Mortgage 542

Housing Wire

SEPTEMBER 10, 2023

Last week we saw a noticeable decline in new listings and active inventory was barely positive. New listing data is getting interesting: two weeks ago, we had a noticeable decline from the trend and then a weekly rebound. Does this mean housing inventory has begun its seasonal decline?

Inventory 509

Inventory New Listings Retail Mortgage 509

Housing Wire

MARCH 9, 2024

Weekly new listing data for the last week over several previous years: 2024: 59,243 2023: 50,687 2022: 59,661 For some historical context, new listing data this week in 2011 was 362,248. However, growth is growth, and if we can match spring 2022 and 2021 levels, I will be a happy camper.

Mortgage 490

Mortgage Inventory New Listings Housing Market 490

Housing Wire

DECEMBER 2, 2023

18): Inventory fell from 564,571 to 550,302 The inventory bottom for 2022 was 240,194 The inventory peak for 2023 so far is 569,898 For context, active listings for this week in 2015 were 1,081,712 The one positive inventory story in 2023 is that we formed a bottom in the new listings data! Weekly inventory change (Nov.

Mortgage 543

Mortgage Inventory New Listings Sellers 543

Housing Wire

SEPTEMBER 3, 2023

Mortgage rates did fall, purchase application data rose and new listings data came back to trend. Weekly active listings rose by only 5,654 Mortgage rates went from 7.37% and ended the week at 7.08% Purchase apps rose 2 % week to week Mortgage rates and the bond market The 10-year yield and mortgage rates were wild last week.

Mortgage 458

Mortgage Inventory New Listings Marketing 458

Housing Wire

NOVEMBER 4, 2023

4): Inventory fell from 578,089 to 574,973 The inventory bottom for 2022 was 240,194 The inventory peak for 2023 so far is 566,882 For context, active listings for this week in 2015 were 1,140,753 New listings data has been trending at the lowest levels ever for 15 months now, and not too much has changed from that trend.

Mortgage 499

Mortgage Inventory New Listings Real Estate 499

Housing Wire

FEBRUARY 4, 2024

New listings were trending at the lowest levels ever in 2023, but that should not be the case in 2024. New listings were trending at the lowest levels ever in 2023, but that should not be the case in 2024. Here is a look at last week: Weekly inventory change (Jan. But at least it’s positive!

Inventory 517

Inventory Mortgage New Listings Housing Market 517

Housing Wire

NOVEMBER 11, 2023

We saw some good growth this week, and hopefully, in 2024, we can close the gap and get back to 2021-2022 data on new listings. That is the critical period for new listing data to grow; remember, most sellers are buyers. Weekly inventory change (Nov. 10) : Inventory rose from 566,882 to 566,941 Same week last year (Nov.

Inventory 490

Inventory New Listings Mortgage Retail 490

Housing Wire

MAY 7, 2023

Just when I thought it was safe to say we were getting more traditional spring housing inventory , we hit a snag last week, as active inventory and new listings declined. New listing data was trending at all-time lows in 2021 abd 2022 and now it’s creating a new all-time low trend in 2023.

Inventory 491

Inventory Housing Market Marketing New Listings 491

Housing Wire

JULY 30, 2023

Last week inventory growth dropped and new listing data declined again. Two weeks ago we had some good movement with active listings growing almost 9,000 , but last week that fell to just 4,988, and new listings data also fell. Instead, new listings data had a small decline last week.

Housing Market 370

Housing Market Marketing Inventory New Listings 370

Housing Wire

DECEMBER 16, 2023

This is what we see, and it’s much needed; we need more new listings and not fewer. New listings data for last week in the last several years: 2023: 39,613 2022: 34,973 2021: 39,936 Traditionally, one-third of all homes will have price cuts before they sell. Weekly inventory change : (Dec.

Inventory 535

Inventory New Listings Mortgage Law 535

Housing Wire

JANUARY 13, 2024

6-13): Inventory rose from 471,349 to 473,406 The inventory bottom for 2022 was 240,194 The inventory peak for 2023 is 569,898 For context, active listings for this week in 2015 were 931,002 I don’t want to jinx this because active inventory rose last year at this time. 2022 21.7%

Inventory 533

Inventory New Listings Retail Mortgage 533

Housing Wire

NOVEMBER 18, 2023

Even though we saw a noticeable decline week to week, new listings are positive year over year, still trending at the lowest levels ever. Even though we saw a noticeable decline week to week, new listings are positive year over year, still trending at the lowest levels ever. Weekly inventory change (Nov.10-Nov.

Mortgage 490

Mortgage Inventory New Listings Housing Market 490

Housing Wire

OCTOBER 28, 2023

28): Inventory rose from 571,944 to 578,089 The inventory bottom for 2022 was 240,194 The inventory peak for 2023 so far is 562,556 For context, active listings for this week in 2015 were 1,169,130 Once again, we had another week of high mortgage rates but new listing data was unfazed. Weekly inventory change (Oct.

Inventory 508

Inventory Mortgage New Listings Marketing 508

Housing Wire

JULY 9, 2023

The weekly active listing data had a rare week-to-week decline. The other big story in housing has been that new listing data has been trending at the lowest levels recorded in history for 12 months. This is truly a savagely unhealthy housing market as we have too many people chasing too few homes.

Inventory 485

Inventory Housing Market Marketing New Listings 485

Housing Wire

APRIL 16, 2023

The seasonal housing inventory bottom evaded us again last week as active listings fell and new listing inventory decreased. Here’s a quick rundown of the last week: Active inventory fell 5,383 last week, and new listing data is still trending at all-time lows in 2023.

Inventory 538

Inventory Housing Market Marketing New Listings 538

Housing Wire

SEPTEMBER 30, 2023

Even with rates spiking, the new listing data hasn’t created another new leg lower. Last week, according to Altos Research : Weekly inventory change (Sept.22-29) 22-29) : Inventory rose from 527,938 to 534,746 Same week last year (Sept.

Mortgage 514

Mortgage Inventory New Listings Government 514

Housing Wire

MARCH 6, 2023

Weekly inventory fell much more than the previous two weeks, down 11,021; new listing growth had its lowest weekly calendar print for this previous week. The new listing data had its lowest weekly print ever, down slightly from last year but more noticeably from what we traditionally saw in the previous decade.

Inventory 499

Inventory Housing Market Marketing New Listings 499

Housing Wire

MARCH 26, 2023

Active inventory fell 1,109, and new listing data made a lovely comeback week to week but was still noticeably down year over year. One piece of good news last week was that the new listing data, which saw a significant collapse two weeks ago, rebounded excellently to return to a usual trend.

Inventory 450

Inventory Housing Market Marketing Mortgage 450

Housing Wire

JULY 23, 2023

However, last year was very abnormal: We had the biggest one-year sales crash ever, working from the lowest active listings data in March 2022. New listings had a good week, considering how the year has gone, which is a plus as this data line was down five straight weeks.

Inventory 370

Inventory Housing Market Marketing New Listings 370

Housing Wire

JUNE 11, 2023

inventory saga: after mortgage rates spiked above 6% in 2022, that jump-started the unhealthy reality of new listing data trending negative year over year. So much for the 2021 grifting premise that once mortgage rates rise, many Americans will list to sell and get out! Of course, we have a third story in this U.S.

Inventory 517

Inventory Housing Market Marketing New Listings 517

Housing Wire

JUNE 25, 2023

However, the real positive story here is that even with new listing data trending at an all-time low, we are getting the growth in active listings we traditionally see in the spring and summer. In addition, new listing data turned negative year over year after the second half of 2022.

Inventory 410

Inventory Housing Market Marketing New Listings 410

Housing Wire

JUNE 9, 2023

1 story in the second half of 2022 was that after mortgage rates spiked, new listing data started to go negative year over year, which was crazy because we were already working from all-time lows. This was a big deal, and the weekly Housing Market Tracker of new listing data was all over this. Housing inventory The No.

Inventory 546

Inventory Housing Market New Listings Mortgage 546