Housing Wire

NOVEMBER 18, 2022

The National Association of Realtors (NAR) reported today on two trends in existing home sales that we have seen for many months now: sales are declining while total inventory data has fallen directly for the three straight months. Total housing inventory fell in this report, the third report in a row that shows total inventory has decreased.

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Inventory Marketing Housing Market New Listings 464

Housing Wire

DECEMBER 3, 2020

Even prior to the pandemic , housing inventory had hit record lows, and the problem has only gotten worse as demand continues to rise. Homesnap said this trend could further drain inventory as 2021 approaches. Home prices have risen as a result of the mismatch in homebuyer demand and housing inventory. Presented by: Freddie Mac.

Inventory 546

Inventory Housing Market Marketing New Listings 546

Housing Wire

DECEMBER 8, 2021

2 million , we could be at risk of housing inventory falling to such low levels that I would have to categorize this housing market as unhealthy. We can see that inventory falling to such low levels has created unhealthy home-price growth in both 2020 and 2021. Inventory fades in the fall and winter and picks up in summer and spring.

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Inventory Housing Market Marketing Mortgage 514

Housing Wire

OCTOBER 8, 2021

Renovated Inventory to the Rescue. After renovation , these homes sold for 28% below the average sales price of all existing home sales nationwide, according to an Auction.com analysis of nearly 100,000 homes that sold on its platform between 2018 and 2020. Top Markets for Renovated Inventory. Among 75 U.S. in Cincinnati to 4.4

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Renovations Inventory Marketing Property Taxes 542

Housing Wire

JANUARY 31, 2023

Lack of inventory is an issue builders and mortgage loan originators alike are dealing with across the nation. The inventory put a cap on how much business Marquis’ team can do, which is one of the reasons why Marquis is now licensed in 22 states. In our market here in Boston, we have incredibly low inventory.

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Inventory Marketing Business Buyers 321

Eyes on Housing

JANUARY 28, 2022

In early 2018, only 16% of home buyers expected that finding a home would be easier in the months ahead. But in 2021, buyers’ perceptions of housing inventory worsened throughout the year, and by the fourth quarter, only 24% expected easier availability ahead.

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Inventory Buyers 152

Housing Wire

APRIL 20, 2022

However, the real story of 2022 is that the savagely unhealthy housing market continues as inventory is still lower than last year, sending home prices growth into double digits again. In 2018 when mortgage rates rose, we saw existing home sales trend lower from 5.72 2014 was the last year total inventory grew. million and 6.16

Housing Market 482

Housing Market Marketing Inventory Mortgage 482

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. Back then, we ran at 33% ; in 2018 and 2019 , it was 36%.

Mortgage 419

Mortgage Inventory New Listings Housing Market 419

Inman

JUNE 12, 2023

percent between April and May of 2023 — slower than the past two springs but faster than both the 2018 and 2019 spring markets. home values grew 1.4

Inventory 107

Inventory Home Value Marketing Investing 107

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.

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Inventory Housing Market Marketing Mortgage 545

Housing Wire

APRIL 3, 2023

Declining mortgage rates could have improved affordability for buyers in the housing market in February, but instead spurred a demand that, combined with a persistent lack of inventory across the U.S., “In many areas of the country, that dynamic – low inventory and a modest rise in demand – led to an uptick in home prices.”

Inventory 392

Inventory New Listings Housing Market Mortgage 392

Eyes on Housing

JULY 27, 2021

In the first quarter of 2018, the starting point of the Housing Trends Report (HTR), only 16% of buyers expected easier availability for a home in the months ahead. The share soared to 36% by the final quarter of 2020 (during the COVID-19 pandemic), but then went on to decline to 33% and 28%, respectively, in the first two quarters.

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Buyers Inventory 168

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

Lamacchia Realty

MARCH 24, 2022

This rapid increase is akin to a rate spike in 1994, however, the last time we saw 4.72% was in November of 2018. Though it’s a late start to the year with many sellers delaying listing due to the recent COVID variant and a snowy January and February, there is still tremendous demand on available inventory. Mortgage News Daily.

Mortgage 63

Mortgage Sellers Buyers Realty 63

Housing Wire

JULY 20, 2022

But, there is one bright spot — inventory is rising. This has been a concern of mine after the summer of 2020 as inventory levels were breaking all-time lows, facilitating unhealthy home price growth during a more prominent demographic patch in U.S. The one positive: Inventory is rising. Once total inventory levels reach 1.52-1.93

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Inventory Housing Market Marketing Realtors 508

Housing Wire

MARCH 12, 2024

Despite elevated interest rates and tight inventory, the national Hispanic homeownership rate reached 49.5% Financing options While the proportion of Latino buyers who used Federal Housing Administration ( FHA ) loans declined between 2018 and 2022, there may have been an uptick in 2023, according to NAHREP. In total, more than 9.5

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Real Estate Agent Real Estate Buyers Realty 444

Housing Wire

FEBRUARY 12, 2024

Pieklo spent 14 years at the lender before leaving in 2018. Corey Dubnoff, who founded AFR in 1997, will remain as chief administrative officer, and Tim Yanoti will stay on as chief financial officer. In addition, Rob Pieklo, a former AFR executive and partner, will return as the chief operating officer.

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Lending Renovations Construction Finance 327

Housing Wire

FEBRUARY 6, 2023

points on average, with a corresponding cost of about $1,500, in 2018 through 2020. “On While buyers seem to be returning to the market early in 2023, purchase loans locked in January are still off by 13% compared to the 2018 and 2019 pre-pandemic levels. points paid, Ben Graboske, president of Black Knight Data & Analytics, said.

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Inventory Mortgage New Listings Home Value 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.

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Housing Market Mortgage Marketing Inventory 369

Housing Wire

MARCH 6, 2023

Price impacts could strengthen again if 30-year rates continue to climb, as they have through late February, although tight inventory will put a floor on how much prices will ease, the report noted. 25, purchase lock counts were 21% below the same week in 2019, and 30% below the levels during the same week in 2018.

Housing Market 377

Housing Market Marketing Inventory Sellers 377

Housing Wire

APRIL 25, 2023

This, together with several noteworthy bank failures, dwindling personal savings accounts and increasing debt utilization, has impacted homebuyer demand, which continues to run below both the 15-year highs of 2021 and the pre-pandemic numbers from 2018 and 2019.

Inventory 346

Inventory Housing Market Marketing Mortgage 346

Housing Wire

JULY 13, 2021

In 2018-2019, total housing inventory was in the range between 1.52 million, and that level of inventory helped to drive real home-price growth in 2019 into negative territory briefly. million and 1.92 Existing home sales during those years stayed in the monthly sale range of 4.98 million to 5.61 million to 5.61

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Inventory Housing Market Real Estate Agent Buyers 497

Housing Wire

SEPTEMBER 17, 2021

The report attributes this decrease to the normal seasonal slowdown, causing the shortage of inventory to slow as well. In 2018-2019, total housing inventory was in the range between 1.52 million, and that level of inventory helped to drive real home-price growth in 2019 into negative territory briefly. In August, 58.8%

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Buyers Inventory Real Estate Agent Agents 430

Inman

JUNE 15, 2023

New listings dropped 23 percent year over year, pulling the number of homes on the market down 39 percent compared to the same period five years ago, according to an analysis by Redfin issued Thursday.

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New Listings Marketing Inventory Mortgage 121

Eyes on Housing

OCTOBER 29, 2021

In the first quarter of 2018, the starting point of the Housing Trends Report, only 16% of buyers expected easier availability for a home in the months ahead. The share soared to 36% by the final quarter of 2020 (during the COVID-19 pandemic), only to drop throughout 2021, reaching 25% by the third quarter. Now, 66% expect that finding the.

Buyers 120

Buyers Inventory 120

Housing Wire

MAY 19, 2022

This is something that I said would change the tone of housing, and we are seeing that result this year as sales decline and inventory picks up. We were told that population growth is slowing, we were told that Americans would panic sell and that massive inventory would hit the marketplace once rates got to 4%. Wait, what? I use the 1.52-1.93

Housing Market 517

Housing Market Marketing Inventory Realtors 517

Housing Wire

MAY 6, 2022

Some historical references: The last two times rates rose, this is what we saw — 2013/2014 negative — 20% year over year trend 2018 purchase application data was flat to slightly positive all year long; we only had three mild negative years over year prints when rates headed to 5%. This data line is trend survey data.

Inventory 327

Inventory Housing Market Marketing Construction 327

Housing Wire

JUNE 15, 2022

Mohtashami focused on the latest inventory and the Federal Reserve’s rate hike announcement. In 2018, when rates got to 5%, this index was primarily flat to positive year over year, with only three mild negative year-over-year prints. The weekly data is showing more inventory growth, so the NAR data will need time to catch up.

Inventory 337

Inventory Investors Retail Housing Market 337

Housing Wire

NOVEMBER 3, 2023

million, falling somewhere between their March 2022 high (12 million) and their relative pre-pandemic November 2018 high (7.6 Builders are benefitting from a lack of re-sale inventory as existing homeowners remain rate-locked in.” Job openings also kept steady in September at 9.6

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Marketing Construction Housing Market Government 323

Housing Wire

JUNE 12, 2023

The housing market, which is facing challenges with mortgage rates , affordability, prices and inventory, hasn’t been this purchase-dominant in decades, according to Black Knight ’s originations market monitor report. Today, nearly nine out of every 10 mortgages originated is a purchase loan, the report notes.

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Mortgage Housing Market Inventory Lending 398

Housing Wire

NOVEMBER 8, 2023

In 2018, Zillow and Redfin joined the fray with their own iBuying business segments. Shrinking share, continuing losses The leading iBuyers have accounted for more than 1% of existing sales in only one year: when Zillow was clearing its books of the ill-fated Zillow Offers’ inventory.

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Marketing Inventory Renovations Investors 399

Housing Wire

SEPTEMBER 28, 2020

Compare today’s housing market with that in 2018, when mortgage rates were heading toward 5% and monthly supply went above 6.5 A massive home-building plan to increase inventory in order to create better housing affordability would not be in their interest. We haven’t started a year yet at 1.5 million housing starts, but we will soon.

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Inventory Buyers Mortgage Housing Market 502

Housing Wire

NOVEMBER 9, 2022

Inventory levels broke to all-time lows and thus created massive housing inflation quickly, which broke my model. We saw this happen in 2013-2014 and 2018-2019. The glaring difference between now and 2014 is that total inventory levels are roughly 1 million lower now than the peak of 2014. nominal per year at most.

New Listings 472

New Listings Inventory Housing Market Sellers 472

Hank Miller Team

APRIL 6, 2022

It's time to answer the nagging question…did housing inventory in Atlanta increase during the first quarter of 2022? Here we look at both detached and attached homes going back to Jan 2018. No visible increase in inventory over the first quarter of 2022, if fact we're at a low point right now. consider this a broad overview.

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Inventory Contracts Buyers Sellers 94

Cleveland Appraisal Blog

MAY 18, 2023

The agent went on to mention that many people she knows would like to sell their home but are afraid of not finding another one because inventory levels are so low. I realize that the cart below only goes back to 2018.) We’ve had under two months of inventory for the past couple of months. Both fears are understandable.

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Inventory Real Estate Agent Appraisal Real Estate 333

Housing Wire

OCTOBER 16, 2023

Maybe just below where we were in 2018 — still a challenging year for the industry,” Joel Kan , vice president and deputy chief economist of MBA, said. Kan added: “I think that’s when you’re going to see more inventory free up, that’s when we’re going to see more of these housing transactions able to take place.”

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Mortgage Marketing Inventory Technology 470

Housing Wire

AUGUST 9, 2023

billion, which executives said is in line with revenue levels recorded in 2018 and 2019, net earnings for the quarter rose slightly year over year to $165 million compared to $164 million in Q2 2022. “So This positioned us well given the low inventory coming into 2023.”

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Insurance Housing Market Inventory Real Estate 330