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Buyers and sellers agree: it’s a good time to enter the housing market

Housing Wire

The idea that it’s a seller’s market also picked up steam last month with the percentage of respondents who said it was a good time to sell a home gaining 3% to 59% in October. While the state of the market shines brightly for prospective buyers and sellers, the economy overall is showing some slight hesitation.

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The housing market is now savagely unhealthy

Housing Wire

To get the housing market to be sane and normal again, we need inventory to get back in a range between 1.52 – 1.93 million ; this is still historically low, but this gives the housing market a breather from the madness that we see today. One of the critical data lines that I want to see improve this year is days on market.

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You can’t buy what’s not for sale in the housing market

Housing Wire

The housing market functions differently than other markets because it can be characterized as a heterogeneous, thinly traded, illiquid market. In other words, it’s a diverse market with a wide variety of different homes of varying ages and levels of repair, and sales happen very rarely. The result is fewer sales.

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Incenter Lender Services promotes Sara Parrish to COO

Housing Wire

” Incenter has businesses focused on capital markets, loan diligence, student lending, insurance, property tax, accounting and marketing. According to Parrish, some of Incenter’s clients, such as IMBs, face pressures from the market downturn. Founder Tom Piercy took over the chief growth officer role.

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How to price homes properly in a volatile housing market

Housing Wire

High-volume home sellers are in a bit of a pickle in today’s market thanks to rapidly rising mortgage rates last year. These are market-based decisions.” Kearney’s simple strategy for surviving as a high-volume seller in an environment where demand has dried up: listen to the market and do what it says. “As

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Housing Market Tracker: Spring inventory grows

Housing Wire

The spring housing market music is playing, and purchase application data and active listing inventory rose together last week. The market is a bit calmer now than when Silicon Valley Bank failed , evident in how the stock and bond markets traded this last week. While the labor market is getting less tight, it’s not broken yet.

Inventory 514
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Housing Market Tracker: Inventory falls even lower

Housing Wire

Mortgage rate volatility was so wild in the second half of 2022 and even this year that some home sellers are gun-shy in listing their homes, since they will be buying another one. Even though the market stress has decreased lately, the assumption is that credit will only get tighter as the year grows.

Inventory 529