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

FEBRUARY 7, 2024

With mortgage rates briefly topping 8% and home prices breaking records throughout the year, many would-be sellers simply decided not to bother listing their homes, exacerbating already tight inventories. New data from the U.S. The environment has also prompted many homeowners to list their homes for rent rather than sale.

Inventory 432

Inventory Sellers Mortgage Marketing 432

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 528

Inventory New Listings Housing Market Sellers 528

Housing Wire

FEBRUARY 27, 2023

Weekly housing inventory decreased by 6,801, while new listing data is still negative year-over-year. 11-18): Fell from 247,385 to 243, 916 Another storyline with inventory is taking hold now, and new listing growth once again is negative year over year. However, we are noticeably down from the 2019 levels.

Housing Market 450

Housing Market Marketing Inventory New Listings 450

Housing Wire

MAY 4, 2023

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. Bright MLS’ recent survey showed that sellers in the Mid-Atlantic received an average of 3.4 Selective sellers. Who is selling right now?

Housing Market 421

Housing Market Marketing Inventory Buyers 421

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

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

JULY 13, 2021

Two of my buyers just had their offers accepted because the sellers’ first buyers backed out. 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. million and 1.92 million to 5.61

Inventory 500

Inventory Housing Market Real Estate Agent Buyers 500

Housing Wire

MAY 24, 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.). Mortgage purchase applications also decreased 4% week over week.

Realtors 479

Realtors Buyers Housing Market New Listings 479

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 15, 2021

Most sellers who are on the market now are very motivated to move: landlords with vacant homes, families who already upgraded and need to sell their previous homes, couples splitting up,” David Palmer, a Redfin listing agent, said in a statement.

Contracts 400

Contracts Landlords Inventory New Listings 400

Housing Wire

OCTOBER 11, 2022

There’s a showdown at the housing market corral between homebuyers and sellers. I talk about 2019 inventory levels a lot because in 2019 real home prices briefly went negative, showing that you don’t need to have six months plus of inventory to have pricing cool down. Image by Brandon Johnson/HW Media.).

Sellers 504

Sellers Inventory Housing Market New Listings 504

Housing Wire

MARCH 6, 2023

Growing supply shortages are holding housing prices higher, and affordability constraints coupled with elevated rates lock potential sellers in place. 25, purchase lock counts were 21% below the same week in 2019, and 30% below the levels during the same week in 2018. As of the week ending Feb. Months of supply stagnated at about 3.1

Housing Market 397

Housing Market Marketing Inventory Sellers 397

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. “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 485

Contracts Realtors New Listings Real Estate 485

Housing Wire

OCTOBER 20, 2022

Buyers, builders and sellers take a step back as inflation persists . On the heels of heightened mortgage rates and persistent inflation, buyers, builders and sellers have taken a step back to consider their best course of action. Sellers are responding to the shift in the market and pulling back on listing activity, resulting in a 9.8%

Mortgage 410

Mortgage Sellers Buyers New Listings 410

Housing Wire

APRIL 22, 2024

We negotiated to get the sellers the highest price possible. Even if you’re months or even years away from moving, a seller’s prep session is one of the services I offer homeowners. Many of us are in sellers’ markets with very low inventory. The goal in prospecting FSBO sellers is to be that agent.

Real Estate 438

Real Estate Open Houses Brokerage Real Estate Agent 438

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. The downside of rates moving up so quickly is that some sellers pull the plug until rates are better. million to 5.12

Mortgage 504

Mortgage Inventory Sellers Housing Market 504

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

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

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.

Inventory 410

Inventory Housing Market Mortgage Marketing 410

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 541

Inventory Housing Market Marketing New Listings 541

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

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

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. Second, because people think of home sellers as being locked-in by high interest rates. That’s 15% growth over the pace of 2023.

Inventory 508

Inventory New Listings Sellers Real Estate 508

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 421

Insurance Inventory Marketing Real Estate 421

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

APRIL 1, 2024

At the same time, seller volume dried up. But now sellers are coming back into the market. New listing volume last week was 18% more than a year ago. New listings New listings dipped a little from the previous week but there were still 22% more sellers hitting the market last week than the same week last year.

Inventory 466

Inventory New Listings Contracts Sellers 466

Housing Wire

NOVEMBER 20, 2023

It looks like this is evidence that housing markets are returning to normal rather than a case of sellers panicking, but it’s worth keeping an eye on. After all, more sellers means more sales in 2024. more homes for sale than last week and 36% lower housing inventory than in 2019. Short on time as you prepare for Thanksgiving?

Inventory 450

Inventory New Listings Housing Market Sellers 450

Listing Spark

AUGUST 28, 2020

this July as compared to July 2019. Austin: 10% Increase in Median Sales Price ($353,000) 21% Increase in closed sales (4,537) 3 day reduction in days on market (44 days 13% increase in new listings (4,767) 32% reduction in active listings and a 32% increase in pending sales Currently sitting at a staggeringly low 1.7

Real Estate 69

Real Estate Marketing New Listings Inventory 69

Housing Wire

MARCH 18, 2024

While inventory is growing across the country, some markets are way more impacted and already have more homes on the market than in 2019 or 2020 just before the pandemic. New listings Last week, 59,000 new single-family listings came to market. The takeaway? If mortgage rates continue to rise to 7.5%

Inventory 441

Inventory New Listings Sellers Contracts 441

Housing Wire

FEBRUARY 20, 2024

Even as money is more expensive and there are more sellers than a year ago, we can also see slight home sales growth over 2023. New listings rise New listings continue to show us that more sellers are interested in this market this year. Is new supply growing out of balance with demand?

Mortgage 504

Mortgage Inventory Sellers New Listings 504

Cornerstone

OCTOBER 5, 2021

This is excellent news if you’re a seller. The NAR survey also finds that home sellers have received 4.5 Maybe you, like many home sellers, have found that your current house can no longer meet you and your family’s needs. Because of these conditions, optimism among home sellers is high.

Sellers 53

Sellers Loan Officers Inventory New Listings 53

Housing Wire

FEBRUARY 5, 2024

There are more buyers than sellers. We have slightly more sellers now than we did a year ago and inventory is now 8.8% More sellers this week than last week Each week, just a few more home sellers are testing this market. There were 7% more new sellers this week than the same week a year ago.

Mortgage 441

Mortgage Inventory Sellers New Listings 441

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. “In below its pre-pandemic 2019 level.

Inventory 533

Inventory Buyers New Listings Sellers 533

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. We couldn’t even see it. It is so hard to compete with that.”

Buyers 432

Buyers Marketing Inventory Investors 432

Berkshire Hathaway

JUNE 15, 2021

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. Though all of this we know you know, now onto the good news!

Inventory 37

Inventory Buyers New Listings Sellers 37

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.

Inventory 94

Inventory Contracts Buyers Sellers 94