Housing Wire

MAY 10, 2022

This article is part of our housing market economic update series. At the end of this series, you can join us on May 10 for a Housing Market Update webinar. These reports highlight the difference home buyers and potential home buyers have when embarking on the buying process.

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Housing Market Realtors Buyers Inventory 422

Housing Wire

AUGUST 27, 2020

The seasonally-adjusted index measuring signed contracts was up 15.5% year over year, largely on the back of pent-up demand from buyers who were unable to strike deals during the spring, said Lawrence Yun, chief economist of the National Association of Realtors. “We As states reopen, Yun expects the market to remain hot.

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Contracts Realtors New Listings Real Estate 477

Housing Wire

OCTOBER 28, 2021

An index level of 100 is equal to the level of contract activity in 2001. Contract transactions slowed a bit in September and are showing signs of a calmer home price trend, as the market is running comfortably ahead of pre-pandemic activity,” Lawrence Yun, NAR’s chief economist, said in a statement. The index dropped to 116.7

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Housing Wire

JANUARY 31, 2023

Because most home sales take several months from contract to closing, the data likely includes some deals struck in July and August.) decline in October 2019,” Lazzara said. Looking ahead, Lazzara expects prices to continue to soften given the uncertainties faced by the housing market and the economy as a whole. “As

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Housing Wire

MARCH 5, 2024

“ Recovery year ” was the theme heading into 2024 as mortgage professionals hoped for some reprieve in a frozen housing market characterized by high interest rates, low inventory levels and sluggish sales. Many of his buyers are still waiting for rates to come down before seeking preapproval for a mortgage. economy remains hot.

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Loan Officers Mortgage Buyers Inventory 398

Housing Wire

SEPTEMBER 22, 2022

The savagely unhealthy housing market theme of mine is running in full force now as we have gotten no relief on home prices and now have a mega jump in mortgage rates. . Since the summer of 2020, I have talked about what could change the housing market, which was a 10-year yield above 1.94%, which means rates over 4%.

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Inventory Housing Market New Listings Mortgage 447

Housing Wire

MARCH 9, 2021

The index plunged from record highs seen in late 2019 after the COVID-19 pandemic resulted in the worst economic contraction since the Great Depression. “Expected home sales growth this year is still likely to be driven by first-time buyers, spurred by millennials reaching peak first-time homebuyer age,” Kan said.

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Mortgage Government Buyers Contracts 471

Housing Wire

JULY 3, 2023

While the 30-year fixed-rate mortgages are the bread-and-butter products for PrimeLending (accounting for about 95% of origination volume), down payment assistance programs, renovation loans and temporary rate-buydowns have become popular options for buyers, Lugat noted.

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Listing Spark

JUNE 21, 2022

Unless you’ve been living underneath a rock, you have likely heard talks of a housing market bubble that could burst at any moment. So, if you’re thinking of selling a home in 2022, here are a few tips to help you get started and navigate the housing market successfully. Hey, real estate fans! SOURCE: St.

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Sellers Housing Market Marketing Inventory 69

Will Springer Realtor

APRIL 10, 2024

Allegations of collusion to inflate compensation paid to both buyer and seller agents in transactions prompted this landmark settlement, estimated at a staggering $418M. While the NAR denies any wrongdoing, the proposed settlement promises significant changes in how business is conducted in the real estate market.

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Birmingham Appraisal

MAY 11, 2022

So How’s The Birmingham Housing Market? We’ll take a look at some key metrics including sales volume, median sales price trends, days on market, the sale price to list price ratio, active listings, and months of supply. The number of homes sold is a key indicator of market activity. Number of Homes Sold.

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Housing Market Marketing Inventory Buyers 52

Lamacchia Realty

JUNE 21, 2022

Now, months later, with rates up nearly 100% from the start of the year- January mortgage rates were hovering in the low to mid 3’s and this week reached 6.28%- diminished buyer affordability is causing a big downshift in demand. Rising prices weren’t favorable but with historically low mortgage rates , they were still affordable for buyers.

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Housing Market Bracketing Marketing Sellers 65

Cornerstone

OCTOBER 26, 2021

In the past few months, it’s become commonplace for an appraisal to come back under a home’s contract price. As CoreLogic’s Chief Appraiser Shawn Telford explains : “Recently, we observed buyers paying prices above listing price and higher than the market data available to appraisers can support. Get your questions answered now.

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Sellers Buyers Appraisal Loan Officers 57

Will Springer Realtor

AUGUST 15, 2023

Ah, for the good old days of 2019 – when we could stomach home prices closer to the mid-million-dollar mark and housing options were somewhat plentiful amid a mildly competitive buyer environment. The market has, ahem , evolved in the four years since. for single-family houses (from 1.2) on the Eastside.

Sellers 60

Sellers Buyers New Listings Inventory 60

Will Springer Realtor

FEBRUARY 14, 2023

The Seattle/King County housing year kicked off slowly with some promising signals. From a macro perspective, the 2023 outlook for home buyers is the best it’s been for three years. Pending Sales – Another leading indicator, these are the homes that go under contract and typically complete the transaction within two months.

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Housing Market Marketing Inventory Buyers 36

Will Springer Realtor

JULY 12, 2022

Higher mortgage rates raise costs for buyers planning to finance a home purchase. Buyers need to navigate those budget busters – such as a 6.2% Some are calling it the Great Deceleration – a welcomed relief for buyers. The good news is that the pool of buyers has more options on the market and less competition.

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Housing Wire

APRIL 7, 2023

Reading headlines or, in this case, Tweet threads , rooted in the “demise of the market,” tend to create false pretenses that sway investment decisions, often when they shouldn’t. We can’t keep turning to 2019-2022 as a benchmark — we were experiencing unprecedented times. When this back and forth was unfolding, mortgage demand rose 2.9%

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Retail Real Estate Clients Modernization 360

Houston Properties

JANUARY 13, 2021

Houston Housing Market Forecast: Current Data & 2021 Predictions. Concerned about a housing market crash? SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. This highlights the importance of Avoiding the 9 Most Common Mistakes Buyers Make.

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Housing Market Marketing Real Estate Realtors 68

Will Springer Realtor

JULY 8, 2022

The screeching you heard in June was the sound of brakes being applied to the housing market across the U.S. The King County housing market has seen inventory increase by 55% in the past month, while the number of homes going under contract fell 22% from May to the lowest June level since 2011. Not really sure.”.

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Housing Market Marketing Inventory HOA 36

Will Springer Realtor

APRIL 9, 2024

Despite a challenging financing environment, the Seattle/King County housing market is moving forward. That was highlighted by a 30% month-to-month gain in total home sales (single-family, townhome and condos combined) across the county in March and unseasonably low supply for buyers. since February and 9.8%

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Housing Wire

MARCH 14, 2024

No matter where you are in the state, real estate agents in Virginia are facing low inventory conditions that are creating frustrating scenarios for their buyers. “I I have buyers that are looking, but to find a house that you love enough to pay a high price for — and to be at over a 6.5%

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Inventory Buyers Agents Real Estate 395

Will Springer Realtor

JUNE 9, 2021

Prices have soared in most areas – including a 30% jump in the past year for single-family homes in King County – amid a shortage of inventory and a sharp rise in the number of buyers. Is this the beginning of a housing bubble, 2021-style? “I Couple that with the return of international buyers – absent from the U.S.

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Housing Market Marketing Inventory New Listings 36

Will Springer Realtor

MARCH 14, 2022

Similar fears exist for the energy supply, equity markets, currencies, electric and internet grids, and defense of nations aligned against Russia. Most home buyers focus on the direction of interest rates. off their 2022 high of 3.92% (the highest level since May 2019). It’s all bad for the economy and housing.

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Housing Market Marketing Real Estate Supply Chain 36

Housing Wire

MARCH 22, 2024

Unlike many other metropolitan areas across the country , the housing market in Southwest Florida is comparably flush with for-sale inventory. “I There is also some pent-up desire to sell being released by a steadier interest rate environment and an overall slower market. In comparison, the average U.S.

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Empire Appraisal Group

JANUARY 11, 2023

Some housing markets may see an uptick in homebuying activity at the beginning of the year, especially if mortgage rates continue receding from a recent high of 7%. Still, mortgage rates are more than double what they were a year ago, ramping up rapidly this fall and walloping housing affordability. Realtor.com®

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Real Estate Marketing Buyers Sellers 78

Housing Wire

DECEMBER 10, 2021

As we approach the end of another hot year for the market, homebuyers and sellers are eagerly looking ahead to the 2022 housing market. Will the market continue its streak of strong growth, or are we finally about to see a slow down? I’ll also highlight which variables we should be watching for unexpected market shifts.

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Housing Market Marketing Inventory Sellers 542

Will Springer Realtor

FEBRUARY 9, 2022

The affordability question is becoming more difficult to justify too, as home prices and interest rates rise amid other challenges facing buyers.“That’s Buyers with the deepest pockets may wait, however. home buyers. For our housing market, it’s time to have that talk. It can often be trying and tiring.

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Appraisal Today

JANUARY 26, 2024

To see the Listing with 49 photos, Click Here == The housing market has ’80s vibes January 23, 2024 By Ryan Lundquist Excerpts: The housing market has ’80s vibes. The ’90s are back for clothing, but it’s the early 1980s when it comes to housing narratives. The Best Time!! = percent from 6.75

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Contracts Appraisal Mortgage Inspection 85

Housing Wire

JULY 21, 2021

share in June 2019. “Many buyers who have been priced out of the market for single-family homes have turned to condos,” Fairweather said. “Earlier in the pandemic, many buyers shunned small condos in favor of large detached homes with space for offices and homeschooling. . share in June 2020 and the 20.2%

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Buyers New Listings Contracts Marketing 424

Lamacchia Realty

JANUARY 27, 2023

The 2022 Connecticut Year in Review Housing Report breaks down sales, new listings, new pending sales, active inventory, and average price compared to the 2021 market and analyzes what the data means for the current housing market and beyond. sellers and buyers) began to restore itself. Sales Down 18.8%

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Inventory Sellers Buyers Real Estate 52

Housing Wire

APRIL 1, 2024

There are still a lot of people who assume that mortgage rates need to fall before we see a rebound in home sales, but the data shows that we only need stability in the mortgage markets. Pending sales Last week saw 69,000 new contracts for single-family home purchases across the country. There were another 15,000 condo sales started.

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Inventory New Listings Contracts Sellers 457

Housing Wire

MAY 6, 2024

The good news for the housing market is that the pace of sales is gradually improving due to the expanded supply. housing market as we roll into May 2024. Housing inventory There are now just under 600,000 single-family homes on the market. More home sellers are coming back to the market each week.

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Inventory Contracts Sellers New Listings 417

Will Springer Realtor

JULY 11, 2023

The Seattle/King County housing market inched forward – and a little sideways – as the number of new and unsold listings continued to expand in June while fresh signs of a slowdown approached. Home prices continued to confound buyers by climbing toward record highs as summer began. up 5% from May. Completed sales of new U.S.

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Housing Market Buyers Inventory Real Estate 36

Lamacchia Realty

APRIL 6, 2022

Shauna is a member of the 2019 and 2021 President’s Club and also qualified for the 2021 President’s Club ELITE ! Kelly joined forces with Lamacchia Realty in January 2019, after having owned James Marcora Realty in Billerica, MA since 2006. Cyndi thrives to make her buyers and sellers her top priority.

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Realtors Realty Real Estate Agents 69

Housing Wire

FEBRUARY 20, 2024

The housing market data has been changing very rapidly this year. New listings rise New listings continue to show us that more sellers are interested in this market this year. With just under 50,000 new listings unsold coming to the market this week, that’s now 16% more than the same week a year ago.

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Mortgage Inventory Sellers New Listings 493

Will Springer Realtor

SEPTEMBER 12, 2023

There is a feeling of Halloween in the real estate world because this housing market is a bit scary these days. The market is spooking many potential buyers and sellers thanks to stubbornly high mortgage interest rates. Only buyers and sellers who must move are doing so. There are 7.4% fewer Pending sales (1734).

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Finance Inventory Construction Buyers 68

Will Springer Realtor

JUNE 13, 2023

It’s the bacon and eggs of the housing market – two staples that are often linked to one another. Unfortunately for buyers, both figures – prices and rates – are climbing, raising the hurdle to homeownership even higher for many. Despite high interest rates, some hungry buyers are competing over limited inventory.

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