Housing Wire

JANUARY 9, 2023

The housing market saw inventory fall 4% last week from the week before. Does that mean we are heading back to all-time lows in inventory again for 2023? During the last four weeks and especially this past week, we are seeing inventory decline faster than expected. Weekly housing inventory. Weekly inventory change: (Dec.

Inventory 534

Inventory Housing Market Marketing New Listings 534

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. 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.

Inventory 546

Inventory Housing Market Marketing New Listings 546

Housing Wire

JANUARY 30, 2023

Housing inventory decreased by 6,468 units, a more pronounced decline from the previous week. Weekly housing inventory There is, again, another downside report on weekly inventory, as inventory has fallen noticeably again this week from the week prior. However, it has now fallen again, and inventory decreased by 6,468.

Inventory 495

Inventory Housing Market Marketing Mortgage 495

Housing Wire

FEBRUARY 20, 2023

Another week down in 2023 and we’re seeing crazier action in the housing market as purchase application data fell, mortgage rates rose again, and weekly inventory took another dive with a noticeable move lower in new listing data. Things are different post-2020, and inventory is bottoming out later in the year.

Inventory 396

Inventory Housing Market Mortgage Marketing 396

Housing Wire

JANUARY 16, 2023

Housing inventory increased by 1,339 homes nationwide. The weekly data shows some good news for the housing market ! The weekly inventory data, which had fallen faster than I had anticipated the last few weeks, has now seen a slight uptick. Weekly housing inventory. Weekly inventory change: (Jan.

Inventory 533

Inventory Housing Market Marketing Mortgage 533

Housing Wire

SEPTEMBER 13, 2022

The premise of a mortgage rate lockdown is simple: so many American households have such low mortgage rates that some will never move once rates rise, which then locks up housing inventory. 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.

Mortgage 520

Mortgage Inventory New Listings Sellers 520

Housing Wire

FEBRUARY 27, 2023

The housing market madness persisted last week as inventory fell and higher mortgage rates took a bigger bite out of purchase application data. Weekly housing inventory decreased by 6,801, while new listing data is still negative year-over-year. Weekly inventory change (Feb. Weekly inventory change (Feb.

Housing Market 429

Housing Market Marketing Inventory New Listings 429

Housing Wire

JANUARY 23, 2023

Housing inventory decreased by 566 units, which is not a significant decline. Weekly housing inventory fell, but not by much. I want to see total inventory back at the 2019 level — this would mean NAR data breaking above 1.52 We don’t want inventory to stall during this time of the year; it should grow into spring.

Housing Market 508

Housing Market Marketing Inventory New Listings 508

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. We have had some volatile weekly numbers in the new listings data recently, but even with the mortgage rate spike, the decline was orderly, as it has been all year.

Mortgage 447

Mortgage Inventory New Listings Housing Market 447

Housing Wire

APRIL 15, 2024

These metros also continue to grapple with below-average inventory recovery, maintaining pressure on buyers. New Orleans, San Antonio, Tampa, Orlando and Jacksonville are among the locales that posted the slowest month-over-month price growth in March. Conversely, Southern metros are experiencing subdued appreciation.

Housing Market 409

Housing Market Inventory Buyers New Listings 409

Housing Wire

JUNE 9, 2023

The housing bubble boys are a crew that from 2012 to 2019 screamed housing crash every year. 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.

Inventory 545

Inventory Housing Market New Listings Mortgage 545

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. 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.

New Listings 489

New Listings Inventory Housing Market Sellers 489

Housing Wire

DECEMBER 21, 2022

In addition, this is the fourth straight month of inventory declining, while days on the market are growingl! “The principal factor was the rapid increase in mortgage rates, which hurt housing affordability and reduced incentives for homeowners to list their homes. . Plus, available housing inventory remains near historic lows.”

Inventory 522

Inventory New Listings Housing Market Sellers 522

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. million to 1.28

Inventory 455

Inventory Housing Market New Listings Mortgage 455

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 397

Inventory New Listings Housing Market Mortgage 397

Housing Wire

JULY 13, 2021

An improving supply situation may also be making a difference, with new listings up 4% year over year — meaning more properties are hitting the market for buyers to bid on. In 2018-2019, total housing inventory was in the range between 1.52 million and 1.92 million to 5.61 million to 5.61

Inventory 500

Inventory Housing Market Real Estate Agent Buyers 500

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 Housing inventory issue with no booming demand.

Inventory 384

Inventory New Listings Law Housing Market 384

Housing Wire

MAY 4, 2023

On the other hand, inventory is still low, and homes are still selling fast, often with multiple offers. 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. Buyer disappointment. Selective sellers.

Housing Market 411

Housing Market Marketing Inventory Buyers 411

Housing Wire

MARCH 6, 2024

This is clear in the chart below, which shows the year-over-year percent change in the four-week average of new listings. This data, courtesy of Altos, shows that new listings retreat when rates rise and accelerate when rates fall: High rates are bad, too, for the sellers who decided to list their homes.

Mortgage 414

Mortgage Sellers New Listings Buyers 414

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 391

Housing Market Marketing Inventory Sellers 391

Housing Wire

MAY 21, 2021

Nearly 50% of homes sold for more than their list price during the four weeks ending May 16, but there are signs that housing market demand may be reaching its peak, according to a recent study from Redfin. 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

OCTOBER 15, 2021

This also represents a 46% increase compared to the same time period in 2019, according to Redfin. While demand has remained high, inventory continues to drop with new listings of homes down 8% from a year prior and the total number of active listings down 21% from 2020.

Contracts 400

Contracts Landlords Inventory New Listings 400

Housing Wire

MAY 28, 2021

“We are seeing a typical late-spring slowdown in new listings and pending sales, but prices don’t typically peak until late August, and their growth remains completely unhinged,” said Daryl Fairweather, Redfin’s chief economist. But until then, the housing market will remain red-hot.”

Buyers 421

Buyers Real Estate Agent Real Estate Inventory 421

Housing Wire

FEBRUARY 6, 2023

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. As sales volumes continued to slump, inventory growth stalled, as sellers are taking a step back from listing their homes. and rate/term accounting for just 4.6%.

Inventory 384

Inventory Mortgage New Listings Home Value 384

Housing Wire

AUGUST 27, 2020

Home sellers are seeing their homes go under contract in record time, with nine new contracts for every 10 new listings.”. gain compared with 2019. Anecdotally, Realtors are telling me there is no shortage of clients or home seekers, but that scarce inventory remains a problem,” Yun said. “If million, a 1.1%

Contracts 485

Contracts Realtors New Listings Real Estate 485

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 11, 2024

Last fall when people were still expecting mortgage rates to be falling this year, it was common to assume rates would be in the low 6s or 5s this year and people asked me if lower rates would bring a flood of inventory. The only way inventory would grow in 2024 is if mortgage rates climbed. But the evidence is the opposite.

Inventory 508

Inventory New Listings Sellers Real Estate 508

Housing Wire

APRIL 1, 2024

New listing volume last week was 18% more than a year ago. Total available inventory is gradually climbing about 1% per week — last year it was still declining in April. As we roll into the second quarter, we should have accelerating inventory growth each week. Total inventory New listings are up 18% year over year.

Inventory 466

Inventory New Listings Contracts Sellers 466

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? 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 difference now is rising rates and even less inventory.

Inventory 94

Inventory Contracts Buyers Sellers 94

Housing Wire

AUGUST 3, 2022

We saw this in 2013-2014 and 2018-2019. million to the lows of January 2019 at 4.98 We see some of this in the active listing data as new listings are declining. Lower rates may pull some of these listings forward as people feel more comfortable with rates down; time will tell. NAR total inventory data.

Mortgage 504

Mortgage Inventory Sellers Housing Market 504

Housing Wire

MARCH 18, 2024

real estate market were for inventory growth, sales growth and home-price growth across the U.S. Of my initial expectations this year — rising inventory, rising sales rates, rising prices — only rising inventory remains clear at this moment as we finish Q1 with rising interest rates. As we started 2024, the signals in the U.S.

Inventory 416

Inventory New Listings Sellers Contracts 416

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 We are seeing a healthy increase in inventory, which we really needed.” Smith attributes the uptick in inventory to a bump in new listings.

Insurance 394

Insurance Inventory Marketing Real Estate 394

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 December 2019 and 38.2%

Inventory 529

Inventory Buyers New Listings Sellers 529

Housing Wire

NOVEMBER 20, 2023

Last week, I asserted that housing inventory growth had finished for the year. This week, the available inventory of unsold single-family homes crept up minimally. Housing inventory inches up There were 570,000 single-family homes on the market, or 0.5% Turns out I was wrong! After all, more sellers means more sales in 2024.

Inventory 426

Inventory New Listings Housing Market Sellers 426

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. Moreover, 30% of El Paso shoppers are looking at local homes from out-of-state, with top views coming from New York, Albuquerque, and Los Angeles.”. “Interest rates were so low, at 2.5%

Housing Market 420

Housing Market Real Estate Agent Marketing Realtors 420

Housing Wire

OCTOBER 11, 2022

Inventory, which has been falling for years, broke to all-time lows in 2020. We didn’t have a seasonal push in inventory in 2020, and things worsened in 2021. Of course, this has brought back some inventory, as demand weakness always creates inventory through accumulation. million active listings, but at just 1.28

Sellers 504

Sellers Inventory Housing Market New Listings 504

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.

Housing Market 540

Housing Market Marketing Mortgage Inventory 540