Housing Wire

DECEMBER 3, 2020

Total home sales are outpacing new listings by a wide margin every month, and real estate tech company Homesnap foresees the shortage continuing in 2021 unless more sellers enter the market. The divide between supply and demand is striking: compared to last year, total new listings increased.22%,

Inventory 546

Inventory Housing Market Marketing New Listings 546

Housing Wire

NOVEMBER 9, 2022

million, something that couldn’t happen from 2008-2019 because we didn’t have the demographic profile to get to that level until household formation grew. We saw this happen in 2013-2014 and 2018-2019. New listing data is down 5% year to date, as you can imagine. Right on cue, 2020 came and we hit the 300 level.

New Listings 494

New Listings Inventory Housing Market Sellers 494

Housing Wire

MAY 21, 2021

Pending sales for the seven-day period ending May 16 were down 10% from four weeks prior, compared to an 8% increase during the same period in 2019. 2019 is being used as a reference point since 2020 data is skewed by the pandemic.). . 2019 is being used as a reference point since 2020 data is skewed by the pandemic.).

Housing Market 540

Housing Market Marketing New Listings Mortgage 540

Housing Wire

MAY 4, 2023

On the one hand, elevated mortgage rates continue to erode buyers’ purchasing power, and in some markets, home prices are falling. The number of new listings coming on the market this spring is lower than it has been in more than a decade. Sales and new pending contracts are below pre-pandemic levels.

Housing Market 418

Housing Market Marketing Inventory Buyers 418

Housing Wire

NOVEMBER 18, 2022

I didn’t have to worry about this in the previous expansion — as my long-term work stated for a decade, the years 2008-2019, would have the weakest housing recovery ever. This article , which I wrote in 2019, does show you the historical work in the past decade on the housing bubble talk. This is not a positive for the housing market.

Inventory 473

Inventory Marketing Housing Market New Listings 473

Housing Wire

JULY 13, 2021

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. The market is still competitive, but buyers are more trepidatious than they were at the start of 2021, and less willing to pull out every stop in order to win.”

Inventory 500

Inventory Housing Market Real Estate Agent Buyers 500

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 532

Inventory New Listings Retail Mortgage 532

Housing Wire

DECEMBER 21, 2022

” One of the housing economic realities that I have been trying to stress this year is that a traditional seller of a home is typically a buyer as well. This explains why total active listing inventory data has been stable over the decades, with the exception of 2006-2011, when those forced distressed credit home sellers couldn’t buy.

Inventory 527

Inventory New Listings Housing Market Sellers 527

Housing Wire

FEBRUARY 7, 2024

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. This was likely a reflection of the prolonged decline in vacant homes for sale, which made it difficult for would-be buyers to find a home to purchase.

Inventory 424

Inventory Sellers Mortgage Marketing 424

Housing Wire

SEPTEMBER 22, 2022

Existing home sales have more legs to go lower, especially now that new listing data is falling. A traditional primary resident seller is also a buyer, which means if they don’t list, they’re not just taking a potential home to be bought off the table — they’re taking a future sale off the books as well.

Inventory 458

Inventory Housing Market New Listings Mortgage 458

Housing Wire

OCTOBER 20, 2022

Mortgage rates were 7.22% for conforming and 6.15% for jumbos at Mortgage News Daily on Wednesday, a spread of 107 bps. Buyers, builders and sellers take a step back as inflation persists . Sellers are responding to the shift in the market and pulling back on listing activity, resulting in a 9.8% ARMs pick up steam.

Mortgage 409

Mortgage Sellers Buyers New Listings 409

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 Home sellers are seeing their homes go under contract in record time, with nine new contracts for every 10 new listings.”.

Contracts 485

Contracts Realtors New Listings Real Estate 485

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 February, the number of homes available for sale fell for the fifth consecutive month, and new listings ran 27% below pre-pandemic levels.

Inventory 397

Inventory New Listings Housing Market Mortgage 397

Housing Wire

FEBRUARY 6, 2023

Prior to the pandemic, buyers paid closer to 0.5 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. For those looking to pull cash out of their homes, the cost was nearly twice that, with an average of 2.06

Inventory 384

Inventory Mortgage New Listings Home Value 384

Housing Wire

APRIL 22, 2024

It was listed at (list price) and sold well above the asking price. There are still plenty of buyers interested in this area. In fact, we had (number) offers, which means there are still ready, willing, and qualified buyers eager to make an offer! If you don’t have active buyers, ask around the office.

Real Estate 378

Real Estate Open Houses Brokerage Real Estate Agent 378

Housing Wire

AUGUST 30, 2022

NAR Total Listing Data: If we cut the timeline to the last time inventory grew, which was 2014, you can see this downtrend in inventory, unlike 2001-2005, when inventory grew from 2 million to 2.5 crash, especially from 2012-2019. I don’t need to see total active listing get back to the historical range of 2-2.5 From Redfin.

Inventory 384

Inventory New Listings Law Housing Market 384

Housing Wire

NOVEMBER 16, 2020

That’s even with home prices jumping to an average of $226,000 in September – an 18% jump from September 2019. The city’s housing dynamics point to strong buyer demand, which fueled a 16.8% year-over-year gain in listing prices during the week of Nov. “Interest rates were so low, at 2.5% 7,” Raitu said.

Housing Market 421

Housing Market Real Estate Agent Marketing Realtors 421

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 396

Housing Market Marketing Inventory Sellers 396

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

JANUARY 9, 2023

We want to see whether this weekly data stops declining before the spring seasonal push in inventory or if we will have a repeat of the second half of 2022, where we saw a lack of new listing growth. What we don’t want to happen this year is a decline in new listing data on a yearly basis. The week ahead.

Inventory 540

Inventory Housing Market Marketing New Listings 540

Housing Wire

AUGUST 3, 2022

We saw this in 2013-2014 and 2018-2019. million to the lows of January 2019 at 4.98 They have to move as well, so a traditional seller is a buyer most of the time when it’s a primary resident owner. We see some of this in the active listing data as new listings are declining. Higher rates and sales data.

Mortgage 504

Mortgage Inventory Sellers Housing Market 504

Housing Wire

NOVEMBER 30, 2021

a buyer’s market. ? . The year 2019 taught us that any natural or economic force can wildly shift expectations into the stratosphere. Studying listing information for the current year and comparing with past years?—?list?prices,?new new listings, sold listings, days on market, off-market listings?—?will

Real Estate 441

Real Estate Agents Real Estate Agent Business 441

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

Housing Wire

MARCH 22, 2024

According to data from Altos Research as of March 15, the 90-day average number of single-family active listings in the Naples-Marco Island metro area was 2,362, up from 1,605 one year earlier but down from the 3,760 listings recorded in late March 2019 prior to the COVID-19 pandemic. In comparison, the average U.S.

Insurance 409

Insurance Inventory Marketing Real Estate 409

Housing Wire

JANUARY 16, 2023

One of my biggest concerns for housing started at the end of June 2022: once mortgage rates got above 6%, the new listing data began to decline faster and earlier than normal. This is a problem for the existing home sales market since a traditional seller is usually also a buyer, so the lack of listing growth was a big hit to demand.

Inventory 533

Inventory Housing Market Marketing Mortgage 533

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% If a condo sold for 0.7%

Buyers 432

Buyers New Listings Contracts Marketing 432

Listing Spark

AUGUST 28, 2020

this July as compared to July 2019. With the FED keeping rates at historic lows, we are seeing buyers locking in mortgage interest rates at 2.8% With rates this low, even buyers wary of an eventual downturn understand the value of buying now with that low of a rate, as opposed to waiting for prices to drop and risking higher interest.

Real Estate 69

Real Estate Marketing New Listings Inventory 69

Housing Wire

JANUARY 12, 2023

compared to December 2019 and 38.2% compared to the December 2017-2019 average. “In In December, we saw both buyers and sellers pulling back as they continue to adjust to a challenging market,” Danielle Hale, Realtor.com’s chief economist, said in a statement. below its pre-pandemic 2019 level. compared to December 2019.

Inventory 532

Inventory Buyers New Listings Sellers 532

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

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

Housing Wire

APRIL 1, 2024

New listing volume last week was 18% more than a year ago. NAR reported 33% all cash buyers, which is the most since 2014 when buyers were still cleaning up distressed properties. That’s 18% growth over last year when we include the immediate sales that were newly listed and are already in contract. is $439,900.

Inventory 466

Inventory New Listings Contracts Sellers 466

Housing Wire

APRIL 5, 2021

Instead of making up for the shortfall, new listings have slumped further in 2021. Year-over-year, new listing volumes were down 16% in January and 21% in February — amounting to a 125,000 deficit in inventory compared to the same time in 2020. Buyers are paying the price appeared first on HousingWire.

Inventory 500

Inventory Buyers New Listings Mortgage 500

Housing Wire

MARCH 11, 2024

Market outliers The Gulf markets from Southwest Florida over to Louisiana now have inventory levels mostly back above their pre-pandemic levels of 2019 or higher. There were 59,000 new listings unsold this week. Last year there was still a lot more buyer momentum than sellers. That’s 15% growth over the pace of 2023.

Inventory 508

Inventory New Listings Sellers Real Estate 508

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 52

Inventory Sellers Buyers Real Estate 52

Housing Wire

OCTOBER 11, 2022

million active listings, but at just 1.28 This doesn’t mean homebuyers don’t have something of an edge now: As inventory has increased and buying power has faded, the buyers who are available are dealing with a lot less competition as the bidding wars are ending. In 2018-2019 the affordability metrics weren’t as bad as people thought.

Sellers 504

Sellers Inventory Housing Market New Listings 504

Birmingham Appraisal

JUNE 28, 2022

The first is that sales could be slowing down while new listings continue to enter the market. The net effect would be an increase in the listing count. The second reason could be that sales are continuing at a normal rate and there is an abnormal spike in new listings. Conclusion.

Real Estate 52

Real Estate Marketing Inventory Sellers 52

Housing Wire

FEBRUARY 5, 2024

This is not a recipe to keep the home buyer momentum we saw building in December. Remember that the way to more selection for home buyers is with higher mortgage rates. Spring buyers’ market It’s the spring buyers market and inventory is falling each week. There are more buyers than sellers. A few years.

Mortgage 437

Mortgage Inventory Sellers New Listings 437