Housing Wire

MAY 8, 2024

Since most sellers are buyers, inventory should be stable if demand is stable. On top of more legitimate buyers, we fixed the credit markets, meaning housing credit looks fantastic. A perfect example is that the last few years, new listings have been trending between 30,000 and 90,000 per week.

Inventory 483

Inventory Law New Listings Sellers 483

Housing Wire

DECEMBER 2, 2021

During the four week period ending November 28, the number of active listings was a 23% decrease compared to the same time period in 2020 and a 42% drop compared to 2019. The number of new listings was also down compared to 2020, dropping 4%, but it was 12% higher than the number of new listing during the same time period in 2019.

Inventory 502

Inventory New Listings Contracts Housing Market 502

Housing Wire

MARCH 6, 2024

Armed with data from HousingWire sister company Altos Research , we can see in minute detail how the housing market responded to the recent 7%-and-higher rate environment and what the market may see again soon. This is clear in the chart below, which shows the year-over-year percent change in the four-week average of new listings.

Mortgage 430

Mortgage Sellers New Listings Buyers 430

Housing Wire

SEPTEMBER 13, 2022

Typically we have a natural set of new listings each year; inventory rises in the spring and summer and then falls in the fall and winter. It wasn’t the rate move that caught my attention — it was the new listing data. As you can see below, that sharp move to 6.25% caused new listing data to stall at first.

Mortgage 516

Mortgage Inventory New Listings Sellers 516

Housing Wire

JANUARY 9, 2023

The housing market saw inventory fall 4% last week from the week before. Traditionally, we do see housing inventory fall in the month of December, however, we clearly saw in the second half of 2022 that higher rates created more days on the market and inventory was lingering longer. That’s a big one-week change.

Inventory 541

Inventory Housing Market Marketing New Listings 541

Housing Wire

MAY 24, 2021

The National Association of Realtors Confidence Index Survey for April reveals how hot the housing market is. Per the report, homes that sold had five offers on average , and nearly 50% of homes sold for more than their list price during the four weeks ending May 16. The pandemic continues to impact how people live and work.”

Realtors 471

Realtors Buyers Housing Market New Listings 471

Housing Wire

MARCH 6, 2023

“Today, we see buyer demand dampened under pressure from rising rates and their impact on affordability, with purchase rate-lock volumes cooling in late February,” Andy Walden, vice president of enterprise research strategy at Black Knight, said in a statement. As of the week ending Feb. Months of supply stagnated at about 3.1

Housing Market 393

Housing Market Marketing Inventory Sellers 393

Housing Wire

NOVEMBER 9, 2022

But I need to explain why this level has more in common with 2014 housing data than the credit stress markets of 2005-2008, and why you should care. Understanding this data line and what it is trying to tell you will be more valuable than erroneously thinking the market is crashing and we’ll see a wave of foreclosures.

New Listings 488

New Listings Inventory Housing Market Sellers 488

Housing Wire

JULY 13, 2021

Competition between would-be homebuyers is still high, but an increase in homes hitting the market in June brought some relief from bidding wars. But recently, we’ve started to see buyers get cold feet. Two of my buyers just had their offers accepted because the sellers’ first buyers backed out. million and 1.92

Inventory 493

Inventory Housing Market Real Estate Agent Buyers 493

Housing Wire

JANUARY 16, 2023

The weekly data shows some good news for the housing market ! With mortgage rates also falling, I am hopeful that more people will list their homes and buy another, so we can get back to a more functional housing market. This is good news for the housing market. NAR total inventory data is currently at 1.14

Inventory 531

Inventory Housing Market Marketing Mortgage 531

Housing Wire

DECEMBER 21, 2022

In addition, this is the fourth straight month of inventory declining, while days on the market are growingl! From NAR : “In essence, the residential real estate market was frozen in November, resembling the sales activity seen during the COVID-19 economic lockdowns in 2020,” said NAR Chief Economist Lawrence Yun.

Inventory 525

Inventory New Listings Housing Market Sellers 525

Housing Wire

NOVEMBER 16, 2020

According to multiple real estate agents and mortgage brokers, low interest rates and a high percentage of “essential” jobs in their town has kept the housing market and local economy strong. That’s even with home prices jumping to an average of $226,000 in September – an 18% jump from September 2019. 7,” Raitu said.

Housing Market 414

Housing Market Real Estate Agent Marketing Real Estate 414

Housing Wire

FEBRUARY 7, 2024

The number of homes “held off market” – second homes, vacation homes and others that are neither for-sale, for-rent or occupied – shrank. Most of the trends begun in 2020 continued in 2021 except for renter-occupied homes, which rose above 2019 levels in the second half of the year.

Inventory 422

Inventory Sellers Mortgage Marketing 422

Housing Wire

JANUARY 13, 2024

As you can see, we are still a bit away from my ultimate goal of having total active listings back to 2019 levels. New listing data New listings data can grow in 2024, something I talked about on CNBC last year as this data line didn’t trend much lower when mortgage rates were heading toward 8%.

Inventory 531

Inventory New Listings Retail Mortgage 531

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%.

Inventory 450

Inventory Housing Market New Listings Mortgage 450

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 total, 39 of the 50 largest markets saw home prices increase on an adjusted basis in February. In February, it took 33.2%

Inventory 393

Inventory New Listings Housing Market Mortgage 393

Housing Wire

AUGUST 27, 2020

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 We are witnessing a true V-shaped sales recovery as homebuyers continue their strong return to the housing market,” said Yun. million, a 1.1%

Contracts 477

Contracts Realtors New Listings Real Estate 477

Housing Wire

OCTOBER 20, 2022

The 30-year fixed-rate mortgage continues to remain just shy of 7% and is adversely impacting the housing market in the form of declining demand,” Sam Khater, Freddie Mac’s chief economist, said in a statement. Mortgage rates were 7.22% for conforming and 6.15% for jumbos at Mortgage News Daily on Wednesday, a spread of 107 bps.

Mortgage 404

Mortgage Sellers Buyers New Listings 404

Housing Wire

FEBRUARY 6, 2023

In turn, borrowers who are entering the market are leaning heavily toward buying down their first lien interest rates by paying points up front. Prior to the pandemic, buyers paid closer to 0.5 off their June 2022 peak (…) Affordability still has a stranglehold on much of the market,” he noted.

Inventory 382

Inventory Mortgage New Listings Home Value 382

Housing Wire

APRIL 22, 2024

I can also provide expert advice about renovations and the potential return on investment — where to get the biggest bang for your buck — or simply answer any questions you have about the market. You’ll want to include the list price, sale price, and days on market. There are still plenty of buyers interested in this area.

Real Estate 406

Real Estate Open Houses Brokerage Real Estate Agent 406

Housing Wire

AUGUST 30, 2022

While the growth rate is cooling monthly, we are still in a savagely unhhealthy housing market trying to get national inventory levels back to pre-COVID-19 levels. From the index : I know it seems strange, but existing home sales are falling, and the monthly supply of new homes is at 10.9 crash, especially from 2012-2019.

Inventory 382

Inventory New Listings Law Housing Market 382

Housing Wire

APRIL 25, 2024

“I called the listing agent and it was listed three hours ago, but it was sold,” the Cincinnati, Ohio -based eXp Realty agent said. “We There is no way you can stay on top of things unless you hire someone to watch new listings pop up every 10 minutes. Buyers are really struggling.” We couldn’t even see it.

Buyers 421

Buyers Marketing Inventory Investors 421

Housing Wire

NOVEMBER 30, 2021

market experts are rolling out?all a buyer’s market. ? . The year 2019 taught us that any natural or economic force can wildly shift expectations into the stratosphere. Why focus on what the national experts are saying when you could be an expert in your very own market??? . certain neighboring market’s?homes

Real Estate 433

Real Estate Agents Real Estate Agent Business 433

Housing Wire

AUGUST 3, 2022

The question is, can lower mortgage rates save the housing market from its recent downtrend? We saw this in 2013-2014 and 2018-2019. million to the lows of January 2019 at 4.98 I stress that higher and lower mortgage rates impact the market, but it needs time to filter their way into the economy. million to 5.12

Mortgage 498

Mortgage Inventory Sellers Housing Market 498

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 Smith attributes the uptick in inventory to a bump in new listings. Smith attributes the uptick in inventory to a bump in new listings.

Insurance 411

Insurance Inventory Marketing Real Estate 411

Listing Spark

AUGUST 28, 2020

July was yet another banner month for the real estate market across Texas. In all major markets, we are seeing record setting numbers for multiple metrics such as appreciation rates and number of closed sales. this July as compared to July 2019. decrease in active listings 2.8 decrease in active listings 2.8

Real Estate 69

Real Estate Marketing New Listings Inventory 69

Birmingham Appraisal

JUNE 28, 2022

Has There Been a Shift In The Real Estate Market? From all indications, there has been a definite shift in the real estate market. The recent increase in interest rates has injected another variable into the market that participants are reacting to. The net effect would be an increase in the listing count.

Real Estate 52

Real Estate Marketing Inventory Sellers 52

Housing Wire

JANUARY 22, 2024

According to Zillow ’s annual predictions, Indianapolis will be the fourth-hottest real estate market of 2024, thanks to its solid economy, housing inventory, affordability and pent-up demand. The top three spots in the ranking were Buffalo, New York, and Cincinnati and Columbus, Ohio. The real estate market As of Jan.

Housing Market 431

Housing Market Marketing Logistics Real Estate 431

Berkshire Hathaway

DECEMBER 9, 2021

According to Housing Wire, “During the four week period ending November 28, the number of active listings was a 23% decrease compared to the same time period in 2020 and a 42% drop compared to 2019. This marks a 14% year-over-year increase and a 31% increase from 2019.

Inventory 52

Inventory New Listings Buyers Marketing 52

Hank Miller Team

APRIL 6, 2022

Traditionally, the months of May and June see the most new listings as the school cycle hits – graduating families sell and rising families buy. The charts below focus on key indicators; number of listings, number of sales, days on market and sale to list ratio. Buyers have to embrace measured risk right now.

Inventory 94

Inventory Contracts Buyers Sellers 94

Housing Wire

JULY 21, 2021

share in June 2019. above its asking price, that means it was listed for $301,872, said Daryl Fairweather, Redfin’s chief economist. “Many buyers who have been priced out of the market for single-family homes have turned to condos,” Fairweather said. share in June 2020 and the 20.2% year over year.

Buyers 424

Buyers New Listings Contracts Marketing 424

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% compared to December 2019 and 38.2% compared to the December 2017-2019 average. compared to December 2019 and 38.2%

Inventory 531

Inventory Buyers New Listings Sellers 531

Berkshire Hathaway

JUNE 15, 2021

It’s no secret that this housing market is hard for buyers being that there are no homes available. Though all of this we know you know, now onto the good news! percentage points above typical levels seen in 2017 to 2019. percentage points higher than last year and 15.1

Inventory 37

Inventory Buyers New Listings Sellers 37

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%

Inventory 53

Inventory Sellers Buyers Real Estate 53

Housing Wire

APRIL 1, 2024

But now sellers are coming back into the market. New listing volume last week was 18% more than a year ago. 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.

Inventory 457

Inventory New Listings Contracts Sellers 457

Housing Wire

FEBRUARY 21, 2023

Last June, the Federal Reserve said it wanted a housing reset , which meant it wanted higher mortgage rates to destroy the housing market. Today, the Federal Reserve achieved its primary goal; the days on the market are now above 30 days, which was the most important data line to get housing back to somewhat normal.

Housing Market 404

Housing Market Marketing Inventory Buyers 404

Housing Wire

MARCH 11, 2024

The suspicion was that there were a bunch of sellers who were waiting to sell: Once rates fell these sellers would come rushing back to this real estate market and we’d finally see inventory grow. Inventory stats Looking at last week’s numbers: There are now just over 500,000 single family homes on the market in the U.S.

Inventory 502

Inventory New Listings Sellers Real Estate 502