Housing Wire

FEBRUARY 13, 2023

The housing market experienced more volatility last week, with housing inventory dropping as mortgage rates moved higher. Weekly housing inventory continues to decline, as we saw a decrease of 13,238 units, double the amount we had this time last year. So, when I saw the slight inventory increase, I thought this was a good trend.

Inventory 505

Inventory Housing Market Mortgage Marketing 505

Housing Wire

MARCH 26, 2023

These events led to lower mortgage rates and increased purchase application data last week, but decreased housing inventory. Active inventory fell 1,109, and new listing data made a lovely comeback week to week but was still noticeably down year over year. In a regular market, they would be closer to 5.25%.

Inventory 450

Inventory Housing Market Marketing Mortgage 450

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. According to Altos Research : Weekly inventory change (Sept. 15–22) : Inventory rose from 518,626 to 527,938 Same week last year (Sept. Mortgage rates did find some relief on Friday as bond yields headed lower.

Mortgage 457

Mortgage Inventory New Listings Housing Market 457

Housing Wire

FEBRUARY 20, 2024

But it fell slightly from 2021 (65.4%) due to higher mortgage rates and inventory constraints. Over the past decade, Asian and Hispanic Americans experienced the largest gains in homeownership rates, while white homeownership has remained steady at about 70% since 2017. The overall U.S. homeownership rate increased from 63.9%

Buyers 423

Buyers Inventory Realtors Mortgage 423

Housing Wire

MAY 21, 2023

New listings data fell, however, active inventory grew. Weekly housing inventory They say slow and steady wins the race; well, for housing inventory in 2023, it’s been terribly slow this spring. Here is my crazy stat for the week: Last year at this time, the weekly active inventory grew by 25,542 in just one week.

Housing Market 498

Housing Market Marketing Inventory New Listings 498

Housing Wire

JUNE 9, 2023

history, and because of that, not even low inventory could prevent home prices from declining month to month in the second half of 2022. Now we can talk about the final stage: inventory in the U.S. Housing inventory The No. How would new listing data trending at all-time lows impact the active inventory in 2023?

Inventory 545

Inventory Housing Market New Listings Mortgage 545

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

DECEMBER 4, 2022

For-sale listings are below 2017-2019 levels and stalled inventory growth is softening downward pressure on home prices. While counterintuitive, the higher rate environment may be limiting the pace of price corrections due to its dampening effect on inventory inflow and subsequent gridlock in home sale activity, Graboske added.

Mortgage 382

Mortgage Inventory 382

Housing Wire

MARCH 12, 2023

Weekly inventory fell by 6201 , and new listing data is down noticeably from last year, which was different than last week. Weekly housing inventory Here we go again; we still haven’t hit the elusive bottom for seasonal inventory, which makes this the third year in a row that the bottom in inventory will happen in March or beyond.

Housing Market 370

Housing Market Mortgage Marketing Inventory 370

Housing Wire

FEBRUARY 28, 2022

million existing home sales, which was only roughly 130,000 more than 2017 levels.”. Unlike the surge in make-up demand we saw at the end of 2020, this recent outperforming data should moderate just due to traditional demand limits with the housing market at record low inventory levels. million – 6.2 We ended 2020 with 5.64

Inventory 409

Inventory Housing Market Realtors Marketing 409

Housing Wire

JANUARY 25, 2023

Inventory What does that mean for housing? Since the COVID-19 pandemic lockdowns of 2020, inventory has dropped to record-low levels both in 2021 and 2022. The inventory hit catastrophic, low levels due to a limited number of homes coming on the market coupled with insatiable demand driven by record-low rates.

Housing Market 430

Housing Market Marketing Inventory Sellers 430

Housing Wire

JUNE 1, 2022

I’m sure you’ve all heard ad nauseam about the low housing inventory impacting the market. Brokerages are chosen based on transaction side percentage growth between 2017-2021. Tracey Velt Editorial Director, RealTrends, a HousingWire sister company. And, the top firms grew market share at record rates.

Brokerage 381

Brokerage Real Estate Realty Insurance 381

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 382

Housing Market Marketing Inventory New Listings 382

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 408

Housing Market Sellers Marketing New Listings 408

Housing Wire

MAY 3, 2022

HousingWire: How are existing home sales trends and inventory affecting the housing market right now? At the end of 2017, we went from a 5.72 The main story of housing is that inventory got worse at the start of the year, and even this week, inventory levels are still showing negative year-over-year data.

Housing Market 403

Housing Market Marketing Inventory Mortgage 403

Housing Wire

DECEMBER 7, 2021

Black Knight said that elevated prices will continue into the foreseeable future, as inventory shortages continue to put upward pressure on home prices. The data vendor noted that there is a 54% deficit in for-sale properties today compared to 2017 to 2019 averages. will result in the tightest affordability since 2009.

Inventory 450

Inventory Mortgage Marketing 450

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 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 531

Inventory Buyers New Listings Sellers 531

Housing Wire

OCTOBER 6, 2023

housing market continue to present challenges for the entire housing system: chronic inventory shortages and an alarming number of destructive natural disasters stemming from climate change. In 2017, the very first 3D-printed home was built in Yaroslavl, Russia. Two ongoing stories that have rattled the U.S.

Inventory 427

Inventory Construction Technology Realty 427

Housing Wire

DECEMBER 3, 2020

months worth of housing inventory, which is the lowest ever, the report from Keller Williams said. Barbara Dopp, a Realtor with Keller Williams, Agents with a Smile , said that a homeowner who built a house in 2017 for $600,000 recently put it back on the market starting at $900,000. “We We had offers up to $1.2 million,” Dopp said.

Marketing 533

Marketing Realty Realtors Housing Market 533

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 517

Inventory Housing Market Construction Marketing 517

Housing Wire

JUNE 17, 2021

“People moving into Phoenix from California, Oregon, Washington and even the Midwest are flooding the market, depleting inventory and pushing up prices,” said Vincent Shook, a Redfin agent based in Phoenix. Californians, specifically, have been moving to Nevada in droves since 2017. Prices in Las Vegas (up 18.4%

Housing Market 450

Housing Market Real Estate Marketing Realtors 450

Housing Wire

JANUARY 7, 2022

By the numbers, Springfield is dealing with a similar high-demand, low-inventory quandary as the rest of the country, though with lower prices. Peoria was hit hard by the departure of the Caterpillar machinery plant in 2017, but its August 2021 unemployment rate of 6.1% 2% to $129,000, according to NAR numbers.

Housing Market 365

Housing Market Marketing Real Estate Agent Agents 365

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

Birmingham Appraisal

MAY 11, 2022

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. A shocking stat to me was the steep increase in median prices for the month of March from 2017 to 2022. Year over year numbers from 2017 to 2022 is down for active listings.

Housing Market 52

Housing Market Marketing Inventory Buyers 52

DataMaster

FEBRUARY 25, 2021

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 is in Short Supply in 2021. Interest rates have been another driving factor behind the low inventory.

Inventory 174

Inventory Buyers Construction Supply Chain 174

Housing Wire

NOVEMBER 9, 2020

That all changed in 2017 when the company started getting in the transaction with Zillow Offers , following the success of iBuyers like Opendoor. Zillow said the decrease is because “the temporary pause in home-buying activities in the first half of 2020 resulted in lower inventory available for resale during Q3.” Presented by: TMS.

Real Estate 225

Real Estate Mortgage Investing Inventory 225

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 401

Inventory Renovations Supply Chain Buyers 401

Lamacchia Realty

NOVEMBER 20, 2023

Historically, for home sellers who list in the late summer and early fall, their home can stay on the market longer than anticipated because the inventory during that time is typically at a higher point for the year. September This was proven true in 2022, despite inventory levels remaining well under pre-pandemic levels.

Sellers 66

Sellers Inventory Buyers Realty 66

Lamacchia Realty

SEPTEMBER 13, 2022

If the market exhibited low inventory, the sale price may have been driven up because buyers likely competed for the home. On the contrary, if the market exhibited high inventory, the sale price would have been driven down because sellers were likely competing for the sale. ?Every The lower the inventory, the more they will pay.

Inventory 73

Inventory Sellers Agents Buyers 73

Housing Wire

APRIL 9, 2023

The 10-year yield finally broke below a critical technical level it had difficulty breaking for many months and we had a very small increase in inventory. Active inventory rose by 823 single-family homes and new listing data is trending at all-time lows. Current housing Inventory is still not suitable for a healthy housing market.

Housing Market 540

Housing Market Marketing Mortgage Inventory 540

Berkshire Hathaway

JUNE 15, 2021

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. Despite all the low inventory we have been seeing, there is hope on the horizon!

Inventory 37

Inventory Buyers New Listings Sellers 37

Housing Wire

MAY 14, 2023

Yes, we found the seasonal bottom for housing inventory on April 14, but this year’s rise in active listings has been tepid at best. Weekly housing inventory Well, the best thing I can say for spring 2023 inventory is that we found the seasonal bottom a few weeks ago. This link explains the difference.

Housing Market 455

Housing Market Marketing Inventory New Listings 455

DataMaster

FEBRUARY 25, 2021

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! We’ve all seen the memes about the extremely low inventory in the housing market in 2021. percent year over year and 10.4

Inventory 78

Inventory Buyers Construction Supply Chain 78

DataMaster

FEBRUARY 25, 2021

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 is in Short Supply in 2021. Interest rates have been another driving factor behind the low inventory.

Inventory 78

Inventory Buyers Construction Supply Chain 78

Lamacchia Realty

NOVEMBER 28, 2022

because the inventory during that time is typically at a higher point for the year.?September increased number of homes on the market, and then as those homes sell or people begin taking them off the market, inventory decreases. This was proven true in 2021, despite inventory levels remaining well under pre-pandemic levels.

Sellers 73

Sellers Inventory Buyers Realty 73

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 399

Insurance Real Estate Agents Technology 399