Housing Wire

JANUARY 26, 2024

It was the largest monthly jump in pending home sales since 2020. For comparison, the index is benchmarked at a reading of 100 based on 2001 contract activity. Job additions and income growth will further help with housing affordability, but increased supply will be essential to satisfying all potential demand.” in November.

Contracts 458

Contracts Housing Market Construction Inventory 458

Housing Wire

APRIL 13, 2021

Austin, Texas might be the hottest housing market in the country. 1 city in population growth for the last eight years and it was the hottest job market in 2019 and 2020, according to the Wall Street Journal. And all of those prospective homeowners flocking to the city are fighting for the same small pool of houses.

Housing Market 534

Housing Market Buyers Marketing Real Estate Agent 534

Housing Wire

MARCH 26, 2021

But the East Coast seaside town was gaining popularity way before then – millennials , especially, began flocking to the Portland housing market in 2020 to take advantage of the city’s growing startup scene of biotechnology , bioscience and biopharma. A balanced market, Davin said, requires five to six months.

Housing Market 465

Housing Market Marketing Real Estate Inventory 465

Housing Wire

MARCH 31, 2021

After eight months of consecutive gains, the consequences of low inventory finally caught up with the housing market in February. drop in the number of homes in contract from the prior month, according to new data from the National Association of Realtors. A healthy housing market is considered roughly six months of supply.

Inventory 500

Inventory Contracts Housing Market Buyers 500

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 508

Inventory New Listings Contracts Housing Market 508

Housing Wire

SEPTEMBER 29, 2021

Homebuyer contract signings in the U.S. The more moderately priced regions of the South and Midwest are experiencing stronger signing of contracts to buy, which is not surprising,” Yun said in a statement. The homebuyer trend is illustrated in Realtor.com’s latest report on the hottest housing markets in the U.S.

Contracts 392

Contracts Inventory Housing Market Marketing 392

Housing Wire

AUGUST 27, 2020

The seasonally-adjusted index measuring signed contracts was up 15.5% We are witnessing a true V-shaped sales recovery as homebuyers continue their strong return to the housing market,” said Yun. 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

MARCH 24, 2021

Refinance activity dropped to its slowest pace since September 2020 – down a full 5% – with declines in both conventional and government applications, according to Joel Kan, MBA’s associate vice president of economic and industry forecasting. . That’s coupled with a rise in mortgage rates , too.

Mortgage 479

Mortgage Contracts Inventory Buyers 479

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. . With the home-price growth we had in 2020 and 2021, my five-year price-growth model that I set for 2020-2024 of 23% was already smashed in just two years.

Inventory 456

Inventory Housing Market New Listings Mortgage 456

Housing Wire

SEPTEMBER 7, 2021

One year ago this month, I coined the term forbearance crash bros , an updated name for the housing bubble boys who never got their housing crash in 2020 so they moved the collapse of housing to 2021. As we are in September 2021, we can safely say the housing crash has been moved once again to next year.

Contracts 544

Contracts Housing Market Marketing 544

Housing Wire

FEBRUARY 17, 2021

Since hitting a survey low in December, the 30-year fixed rate has slowly risen, and last week climbed to its highest level since November 2020,” said Joel Kan, MBA’s associate vice president of economic and industry forecasting. On an unadjusted basis, the Market Composite Index decreased 4% compared with the previous week.

Mortgage 438

Mortgage Contracts Government Inventory 438

Housing Wire

MAY 3, 2022

The venture capital investment is in addition to $1 billion in separate capital commitments from investors that Point has lined up to help fund what it calls home-equity investment (HEI) contracts. “We Homeowners, in turn, get to cash out a slice of their home equity with no payments due until the contract matures.

Contracts 421

Contracts Investors Investing Market Value 421

Housing Wire

JANUARY 20, 2023

housing market , we just experienced an event that most people never thought could happen. However, in 2020 new listing data came back, and we don’t want to see the new listings continue to decline this year — that would be a double negative for the housing market. In one of the most historical years in the U.S.

Inventory 540

Inventory Housing Market New Listings Marketing 540

Housing Wire

AUGUST 11, 2021

It was the highest month-to-month growth since August of 2020. increase in FHA purchase applications could mean that some homebuyers are finding opportunities to enter the housing market. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 3.06% from 3.08%.

Mortgage 397

Mortgage Contracts Inventory Housing Market 397

Housing Wire

FEBRUARY 24, 2021

It’s the lowest level applications have fallen to since December 2020. “ Mortgage rates have increased in six of the last eight weeks, with the benchmark 30-year fixed rate last week climbing above 3% to its highest level since September 2020.” Mortgage applications decreased 11.4% of total applications from 69.3%

Mortgage 233

Mortgage Contracts Housing Market Marketing 233

Housing Wire

JUNE 30, 2021

Purchase applications for conventional loans also declined to its lowest level since May 2020.

Mortgage 421

Mortgage Contracts Investors Housing Market 421

Housing Wire

SEPTEMBER 30, 2020

Realtors can usually count on their biggest season being spring, followed by summer, but nothing about 2020 has been normal, including home-buying patterns. Kanacki said that when it came to seasonal buying, “we’re still riding the wave with 2020.” Now, believe it or not, fall home-buying season is in full swing.

Real Estate Agent 546

Real Estate Agent Real Estate Agents Realtors 546

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

Inventory 421

Inventory Renovations Contracts Buyers 421

Housing Wire

FEBRUARY 28, 2022

regions, only the West registered an increase in month-over-month contract activity. My premise was that the pending home sales data should moderate from the surge in make-up demand we saw in 2020 and then spill over into the first two months of 2021. “The We ended 2020 with 5.64 Of the four major U.S. million – 6.2

Inventory 409

Inventory Housing Market Realtors Marketing 409

Housing Wire

OCTOBER 16, 2020

Since 2012, the median sale price of homes in ZIP codes with a low wildfire risk has increased 101% compared to an 88% increase for homes in high-risk ZIP codes, per a Redfin analysis of the housing market and U.S. In the 12 months ending August 2020, homes in high-risk ZIP codes sold for an average of 3.9% Forest Service.

Housing Market 449

Housing Market Home Value Contracts Marketing 449

Housing Wire

AUGUST 31, 2021

“While the housing market feels like it has legs that never get tired, inventory and affordability constraints are still expected to put a damper on price growth,” said CoreLogic Deputy Chief Economist Selma Hepp. from June 2020. annual growth rate logged the month prior, in May 2021. Presented by: Flueid. “We

Housing Market 441

Housing Market Inventory Buyers Real Estate 441

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. The homeownership rate for Black Americans has actually declined between 2010 and 2020 and stands at 43.4%, while the homeownership rate for white Americans is 72.1%.

Housing Market 434

Housing Market Realtors Buyers Inventory 434

Housing Wire

SEPTEMBER 28, 2021

from July 2020 to July 2021, which is up from the 18.5% Home price growth remained scorching hot as the housing market entered the dog days of summer, but data released in the weeks since indicate cooler days in the months to come,” Matthew Speakman a Zillow economist said in a statement. increase recorded in June 2021.

Housing Market 485

Housing Market Finance Contracts Inventory 485

Housing Wire

JULY 5, 2021

Contract signings rose in all regions in May compared to the prior month and one year ago. Here is what is happening: The COVID-19 shutdowns paused sales during what looked to be a solid market going into the first few months of 2020. The May 2021 Pending Home Sales Index of 114.7 is the highest reading for May since 2005.

Realtors 491

Realtors Contracts Marketing Housing Market 491

Housing Wire

DECEMBER 4, 2020

CoreLogic released its final three-year housing and mortgage outlook report for the year on Thursday, and if numbers hold up, the data company predicts 2021 will maintain its unprecedented sales and record low mortgage rates as the economy continues to recover. Especially when contract interest rates for refis are below 3%.

Mortgage 512

Mortgage Contracts Construction Inventory 512

Housing Wire

NOVEMBER 29, 2021

in October — and since we are days away from December, we can officially label the 2021 housing crash bears as even worse than the 2020 housing crash bears. Like I have often said, professional grifters have plagued the housing sector for many years and shouldn’t be looked to as fundamental economic sources of information.

Inventory 530

Inventory Contracts Training Investors 530

Housing Wire

JANUARY 19, 2021

The forecasted growth is significantly more than the revised numbers for 2020, which Fannie Mae projects will end up as a 2.7% contraction. trillion in 2020, while refinance originations could reach $2.2 trillion in 2020. Fannie Mae ‘s latest forecast projects economic growth to hit 5.3% in 2021, an increase of 0.8

Housing Market 458

Housing Market Mortgage Contracts Government 458

Housing Wire

OCTOBER 15, 2021

One-third of homes that went under contract had an accepted offer within one week of hitting the market, a new report from Redfin found. In addition, the number of homes that went under contract within two weeks of listing rose to 46% from 42% during the same period in 2020. points from a month earlier.

Contracts 400

Contracts Landlords Inventory New Listings 400

Housing Wire

DECEMBER 24, 2020

The housing market is poised to finish the year strong as low mortgage rates continue to fuel homebuyer demand and refinance activity,” said Sam Khater, Freddie Mac’s chief economist. According to First American’s Potential Home Sales Model, historically low rates significantly drove the housing rebound from April through October.

Mortgage 504

Mortgage Housing Market Contracts Marketing 504

Housing Wire

FEBRUARY 2, 2022

According to Joel Kan, MBA’s associate vice president of economic and industry forecasting, mortgage rates continued to climb, with the 30-year fixed rate rising for the sixth consecutive week to its highest level since March 2020. How lenders can continue to serve borrowers despite housing affordability challenges.

Mortgage 409

Mortgage Contracts Inventory Investors 409

Housing Wire

FEBRUARY 21, 2023

This is the lowest level of home sales activity since May 2020 when the COVID-19 pandemic had shut down much of the economy,” Lisa Sturtevant, the Bright MLS chief economist said in a statement. In January, the seasonally adjusted sales pace for existing homes dropped 0.7% from December to a pace of 4.00 in January.

Inventory 362

Inventory Buyers Housing Market Contracts 362

Housing Wire

APRIL 23, 2021

While 2021 likely won’t approach the record breaking tizzy of 2020, the housing market will continue to flourish on the strength of the purchase market, according to economists at the Mortgage Bankers Association. How outsourcing gives lenders an advantage in 2021’s purchase market. trillion. .”

Marketing 466

Marketing Housing Market Inventory Mortgage 466

Housing Wire

APRIL 21, 2021

The typical luxury home that was for sale during the first quarter spent 61 days on the market — 38 fewer days than the same period in 2020. When looking at the largest markets in the U.S., The consequences of low inventory finally caught up with the housing market in February, with tightened supply largely responsible for a 10.6%

Luxury Properties 491

Luxury Properties Real Estate Agent Inventory Real Estate 491

Housing Wire

JUNE 7, 2022

Consumers’ concerns about housing affordability are squeezing would-be homebuyers out of the market, according to Fannie Mae ‘ s Home Purchasing Sentiment Index , which tracks the housing market and consumer confidence to sell or buy a home. The index score dropped by 0.3 points to 68.2

Mortgage 380

Mortgage Housing Market Contracts Construction 380

Housing Wire

FEBRUARY 9, 2021

The index plunged from record highs seen in late 2019 after the COVID-19 pandemic caused the worst economic contraction since the Great Depression. Improvements were driven by the conventional segment of the mortgage market, as lenders added ARM loans with lower credit score and higher LTV requirements,” Kan said.

Mortgage 541

Mortgage Lending Government Contracts 541

Housing Wire

SEPTEMBER 23, 2022

An index score above 50 indicates business activity is expanding while a reading below 50 indicates it’s contracting. The decrease [in September] was … the slowest in the current three-month sequence of contraction,” S&P Global’s analysis of the results states. The composite output PMI index came in at 49.3

Supply Chain 370

Supply Chain Contracts Business Mortgage 370

Housing Wire

JULY 29, 2021

An index of 100 is equal to the average level of contract activity during 2001, the first year examined. from June 2020. from June 2020. The “seesaw” nature of pending home sales could indicate a turning point for the housing market, according to Lawrence Yun, NAR chief economist. rise from a year ago.

Marketing 441

Marketing Buyers Realtors Real Estate 441