Housing Wire

JUNE 8, 2022

2012: What they said: Shadow inventory will cause prices to fall. The reality: Inventory broke down in 2012, and the monthly supply data got below 6.0 The “shadow inventory” was not an issue as it took years to get rid of the distressed supply from the housing bubble years. million of inventory is normal.

Inventory 545

Inventory Housing Market Marketing Mortgage 545

Housing Wire

JULY 29, 2022

The finding was equally confounding on the other side of the distribution where house price growth was weakest; though home values dropped by at least 10% in each of the 10 coldest markets, the number of homes added to the for-sale inventory increased in eight of them. increase to 6.7%

Housing Market 407

Housing Market Sellers Marketing New Listings 407

Housing Wire

FEBRUARY 28, 2022

million existing home sales, which was only roughly 130,000 more than 2017 levels.”. million as mortgage buyers became more active toward the end of the year, which breaks from the seasonal patterns. housing market is the inventory crisis, as we have started 2022 with fresh new all-time lows in inventory. million and 6.16

Inventory 409

Inventory Housing Market Realtors Marketing 409

Housing Wire

MARCH 19, 2023

Mortgage rates fell as the banking crisis got worse and purchase application data grew for the second week in a row, but the big question is: Did we hit the seasonal bottom in housing inventory? Weekly inventory increased by 1,734. New listing data collapsed, but we are putting an asterisk on that data line for this week.

Housing Market 381

Housing Market Marketing Inventory New Listings 381

Empire Appraisal Group

FEBRUARY 10, 2022

Buyers Denied Loans. Rising home prices are now increasing equity amounts for homeowners more quickly, as the shortage of available housing inventory for buyers stays limited. In the past five years, from 2017 to 2021, Black homeowners across the U.S. Buyers Denied Loans appeared first on Empire Appraisal Group.

Buyers 78

Buyers Mortgage Housing Market Real Estate 78

Housing Wire

FEBRUARY 2, 2021

One possible positive benefit would be an increase in inventory in urban areas. Although inventory may increase in some areas, I do not expect WFH to result in forced selling. WFH does not force anyone to sell and move, but it is a variable that could create more inventory in certain areas if people do want to move.

Housing Market 419

Housing Market Marketing Inventory Law 419

Housing Wire

JANUARY 7, 2022

The agent said rich “mainland” residents replaced international buyers, who are restricted in their travel amid the pandemic. One issue that comes from this, Curbow said, is that buyers are afraid to pursue their dream home. “I sold a home to a hedge fund guy in New York. But overall demand is on the rise. national unemployment rate.

Housing Market 360

Housing Market Marketing Real Estate Agent Agents 360

Housing Wire

DECEMBER 3, 2020

In high-demand areas where only one or two properties come on the market, maybe in a month, we’re seeing [buyers paying] upwards of $100,000 to $150,000 over asking price.”. months worth of housing inventory, which is the lowest ever, the report from Keller Williams said. We had offers up to $1.2 million,” Dopp said.

Marketing 533

Marketing Realty Realtors Housing Market 533

DataMaster

FEBRUARY 25, 2021

In the last year their price tags have jumped to levels that worry first-time buyers and would-be upgraders. Between 2010 and 2017, homeownership rates increased only among adults aged 65 and older. From a 25 percentage-point difference in 1960 to 44 percentage-points in 2017, the difference continues to grow!

Inventory 174

Inventory Buyers Construction Supply Chain 174

Birmingham Appraisal

MAY 11, 2022

There is a direct relationship between the health of the market and buyer activity. Median home prices continue to rise as a result of high demand and limited inventory. First-quarter stats show a steady increase from 2017 to the present. In a buyer’s market, the inventory is much higher and buyers have more choices.

Housing Market 52

Housing Market Marketing Inventory Buyers 52

Housing Wire

JANUARY 12, 2023

The housing inventory shortage dominated much of the conversation surrounding the housing market in 2022, but thanks to softening homebuyer demand, the number of active listings finished the year up 54.7% Despite this sizable yearly increase, active housing inventory was down 33.4% compared to the December 2017-2019 average.

Inventory 530

Inventory Buyers New Listings Sellers 530

Lamacchia Realty

NOVEMBER 20, 2023

Their concerns usually stem from the misconception that buyers are not looking during November and December because they’re halting their search for the holidays. This was proven true in 2022, despite inventory levels remaining well under pre-pandemic levels. In many cases, this is not correct.

Sellers 66

Sellers Inventory Buyers Realty 66

Housing Wire

FEBRUARY 8, 2021

In today’s low-inventory environment, complicated by external factors such as forbearance and foreclosure moratoriums, it’s crucial for real estate agents and brokers to be proactive in order to grow their business. Today, inventory levels are at all-time lows, and the purchase application data index is above 300.

Housing Market 544

Housing Market Marketing Government Real Estate Agent 544

Lamacchia Realty

NOVEMBER 28, 2022

Their concerns usually stem from the misconception that buyers are not looking during November and December because they’re halting their search for the holidays. because the inventory during that time is typically at a higher point for the year.? In many cases, this is not correct. home can stay on the market longer than anticipated?because

Sellers 73

Sellers Inventory Buyers Realty 73

Housing Wire

MAY 26, 2022

It’s an excellent time to discuss housing inventory. How can housing inventory be so low today when it skyrocketed back in 2009? If I take existing home sales from 2017 levels, it’s roughly, on average, just 300,000. I don’t believe housing inventory below 1.52 The housing market shifted in March of this year.

Inventory 515

Inventory Housing Market Construction Marketing 515

DataMaster

FEBRUARY 25, 2021

In the last year their price tags have jumped to levels that worry first-time buyers and would-be upgraders. Between 2010 and 2017, homeownership rates increased only among adults aged 65 and older. From a 25 percentage-point difference in 1960 to 44 percentage-points in 2017, the difference continues to grow!

Inventory 78

Inventory Buyers Construction Supply Chain 78

DataMaster

FEBRUARY 25, 2021

In the last year their price tags have jumped to levels that worry first-time buyers and would-be upgraders. Between 2010 and 2017, homeownership rates increased only among adults aged 65 and older. From a 25 percentage-point difference in 1960 to 44 percentage-points in 2017, the difference continues to grow!

Inventory 78

Inventory Buyers Construction Supply Chain 78

Berkshire Hathaway

JUNE 15, 2021

It’s no secret that this housing market is hard for buyers being that there are no homes available. In a normal market we see a 6-month supply of homes for sale and anything over that indicates it’s a buyers’ market, an inventory level below that threshold means we’re in a sellers’ market and today’s inventory level sits WELL below the norm.

Inventory 37

Inventory Buyers New Listings Sellers 37

Lamacchia Realty

SEPTEMBER 13, 2022

That is why pricing your home accurately from the beginning will typically generate increased activity from buyers and higher offers. These days, buyers have access to the same information as REALTORS and are not fooled by an overpriced home; they will typically steer away from it if they believe the price is too high.

Inventory 73

Inventory Sellers Agents Buyers 73

Lamacchia Realty

JUNE 21, 2022

In early March it was becoming clear that the market was changing from a frenzied post-pandemic scene to one where rising mortgage rates would slow it down and help inventory finally rise back up. For the past few years, with inventory at historically low levels , sellers were coming pretty close to naming their price and buyers were paying.

Housing Market 65

Housing Market Bracketing Marketing Sellers 65

Housing Wire

MAY 8, 2023

A key source of affordable housing inventory was cut in half over the last three years, resulting from well-intended but heavy-handed efforts to keep delinquent borrowers in homes. That key source of affordable housing inventory: distressed properties sold to third-party buyers or repossessed by lenders at foreclosure auction.

Inventory 398

Inventory Renovations Supply Chain Buyers 398

Housing Wire

JUNE 1, 2022

With the current cost of origination, combined with higher interest rates and low housing inventory on the horizon, the MBA reports that 2022 is likely to see about a 30% decline in overall mortgage originations, as compared to 2021.

Insurance 395

Insurance Real Estate Agents Technology 395

Houston Properties

JULY 18, 2022

Property inventories are shrinking. Despite the surge of new construction homes in the area, the Energy Corridor inventory has become one of the tightest in Houston. – 2017: #1 Individual Agent, Keller Williams, Texas. – 2017: #1 Individual Agent, Keller Williams, Houston. lower risk for mistakes.

Real Estate 36

Real Estate Real Estate Agent Realtors Agents 36

Robinson Appraisal Group

MARCH 22, 2018

Going into the spring market many parts of the United States are seeing the lack of inventory on the market waiting to see if the inventory will increase while we approach spring and summer, the busiest season of real estate. Another hurdle is that builders do not tend to build homes for the entry level buyer.

Advertising 78

Advertising Landlords Real Estate Inventory 78

Housing Wire

AUGUST 14, 2023

“It will be slow for a few days and then we’ll get this wave of interest and buyers and then it will slow again, but it keeps picking back up,” he said. And while the seven-day moving average for single-family inventory was just 36 homes as of June 2023, it is far better than the 15 homes listed in mid-May of 2023.

Housing Market 320

Housing Market Marketing Inventory Agents 320

Housing Wire

MARCH 14, 2022

More expensive money also meant fewer investors holding homes so inventory would climb too. That being said, if interest rates continue to rise, we may see some small shifts in the market, and a short window of opportunity for eager buyers. From September 2017 through November 2018, the 30-year mortgage rate rose from 3.8%

Housing Market 466

Housing Market Marketing Inventory Investors 466

Empire Appraisal Group

APRIL 22, 2021

While higher housing costs and mortgage rates will chip away at buyer demand, the sheer volume of current buyers makes the next buyers’ market appear far away. Between a wave of foreclosures, rising rents, and underbuilding of new homes, the housing market became much harder to crack into from 2006 to 2017.

Construction 78

Construction Finance Housing Market Buyers 78

Housing Wire

MARCH 23, 2022

Second, because of the downtrend in inventory since 2014 and the demand pick-up we will see in the years 2020-2024, we had a risk of home prices accelerating too much. It’s also driven more by mortgage buyers who tend to be older and make more money than the new-home buyers. Why won’t inventory grow?

Mortgage 473

Mortgage Inventory Housing Market Construction 473

Housing Wire

APRIL 15, 2022

The home-price growth from 2020 through 2022 has been so unhealthy that I’ve labeled this a savagely unhealthy housing market as inventory has once again collapsed on a year-over-year basis in 2022. Inventory is still showing negative year-over-year data. 2014 was the very last year total housing inventory grew in America.

Housing Market 500

Housing Market Marketing Mortgage Inventory 500

Houston Properties

JULY 20, 2022

It has a tight inventory with homeowners rarely selling their property. – 2017: #1 Individual Agent, Keller Williams, Texas. – 2017: #1 Individual Agent, Keller Williams, Houston. – 2017: #10 Individual Agent, Keller Williams, Worldwide. – 2017: America’s Best Real Estate Agents, RealTrends.com.

Real Estate Agent 36

Real Estate Agent Real Estate Realtors Agents 36

Realtor

MAY 18, 2018

That cost is footed by the loan seeker, whether it’s a buyer getting a mortgage or a homeowner trying to refinance. million home mortgages, only about 5%, or 60,000, were no-appraisal mortgages in 2017, according to data given to the Post. Should home buyers get a no-appraisal mortgage? Of Fannie’s roughly 1.2

Appraisal 78

Appraisal Inspection Buyers Valuation 78

Realtor

MAY 18, 2018

That cost is footed by the loan seeker, whether it’s a buyer getting a mortgage or a homeowner trying to refinance. million home mortgages, only about 5%, or 60,000, were no-appraisal mortgages in 2017, according to data given to the Post. Should home buyers get a no-appraisal mortgage? Of Fannie’s roughly 1.2

Appraisal 78

Appraisal Inspection Buyers Valuation 78

Housing Wire

SEPTEMBER 23, 2022

Contrary to their portrayal as indiscriminate buyers of properties far and wide, providers of single-family rental homes are working diligently to respond to the demand for quality, affordably priced rental housing in safe, well-located neighborhoods. of the nation’s total housing inventory. Rather, large companies own less than 1.5%

Inventory 347

Inventory Housing Market Investors Investing 347

Houston Properties

JANUARY 13, 2021

What’s shocking is (through the end of 2020) about 23% of Houston neighborhoods in specific areas are still selling at LOWER PRICES than before Hurricane Harvey hit in 2017. This highlights the importance of Avoiding the 9 Most Common Mistakes Buyers Make. Buyers Beware? Buyers Beware? There’s No Free Lunch.

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Housing Wire

FEBRUARY 14, 2022

And in 2017, I decided to go on full-time as a lead agent.”. 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. Redfin CEO Glenn Kelman. I started at Redfin 12 years ago,” she said. Redfin pulled $1.3

Business 369

Business Brokerage Real Estate Agent Agents 369

Houston Properties

JULY 19, 2022

The Piney Point real estate market can be challenging to navigate, especially with its low inventory. – 2017: #1 Individual Agent, Keller Williams, Texas. – 2017: #1 Individual Agent, Keller Williams, Houston. – 2017: #10 Individual Agent, Keller Williams, Worldwide. lower risk for mistakes.

Real Estate 36

Real Estate Real Estate Agent Realtors Agents 36

Houston Properties

JULY 21, 2022

On the buyer side, she will absolutely tell you what’s wrong with a property and give you all of the reasons not to buy it. Other factors also come into play, including tight inventories and high demand. – 2017: #1 Individual Agent, Keller Williams, Texas. – 2017: #1 Individual Agent, Keller Williams, Houston.

Real Estate Agent 36

Real Estate Agent Real Estate Realtors Agents 36