Housing Wire

FEBRUARY 26, 2024

Meanwhile, homeowners association (HOA) fees multiplied for many condo buildings in the aftermath of the 2021 Surfside condo collapse. In May 2022, the Florida Legislature introduced a new condominium safety law, which mandates more rigorous inspections and stronger financial reserves for HOAs.

HOA 477

HOA Law Insurance New Listings 477

Housing Wire

APRIL 19, 2024

A surge in new listings of luxury homes was not enough to curb the price growth associated with rising demand. New listings of luxury homes soared 18.5% Luxury sales started to post year-over-year increases in January for the first time since August 2021. During the three months ending Feb. year over year.

Luxury Properties 438

Luxury Properties New Listings Buyers Housing Market 438

Housing Wire

NOVEMBER 25, 2023

18): Inventory fell from 569,571 to 564,571 The inventory bottom for 2022 was 240,194 The inventory peak for 2023 so far is 569,898 For context, active listings for this week in 2015 were 1,104,514 New listings data fell weekly but showed positive year-over-year growth. Weekly inventory change (Nov.

Inventory 533

Inventory Mortgage New Listings Buyers 533

Housing Wire

SEPTEMBER 16, 2023

The last four weeks of new listings data have been the most volatile since mortgage rates breached 6% in 2022. One week, we had the biggest decline in new listings data all year, which might indicate Americans are giving up on listing their homes. What’s going on with housing inventory ? 18: 60,295 Aug.

Inventory 479

Inventory New Listings Housing Market Mortgage 479

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 413

Mortgage Sellers New Listings Buyers 413

Housing Wire

DECEMBER 2, 2023

18): Inventory fell from 564,571 to 550,302 The inventory bottom for 2022 was 240,194 The inventory peak for 2023 so far is 569,898 For context, active listings for this week in 2015 were 1,081,712 The one positive inventory story in 2023 is that we formed a bottom in the new listings data! Weekly inventory change (Nov.

Mortgage 542

Mortgage Inventory New Listings Sellers 542

Housing Wire

MAY 21, 2023

New listings data fell, however, active inventory grew. Here’s a quick rundown of the last week: Total active listings grew by 3,809 weekly, but new listings are still trending at all-time lows. However, at this time last year, we saw some new listings growth versus 2021 levels. million.

Housing Market 493

Housing Market Marketing Inventory New Listings 493

Housing Wire

NOVEMBER 4, 2023

4): Inventory fell from 578,089 to 574,973 The inventory bottom for 2022 was 240,194 The inventory peak for 2023 so far is 566,882 For context, active listings for this week in 2015 were 1,140,753 New listings data has been trending at the lowest levels ever for 15 months now, and not too much has changed from that trend.

Mortgage 480

Mortgage Inventory New Listings Real Estate 480

Housing Wire

DECEMBER 16, 2023

This is what we see, and it’s much needed; we need more new listings and not fewer. New listings data for last week in the last several years: 2023: 39,613 2022: 34,973 2021: 39,936 Traditionally, one-third of all homes will have price cuts before they sell. Weekly inventory change : (Dec.

Inventory 534

Inventory New Listings Mortgage Law 534

Housing Wire

APRIL 16, 2023

The seasonal housing inventory bottom evaded us again last week as active listings fell and new listing inventory decreased. Here’s a quick rundown of the last week: Active inventory fell 5,383 last week, and new listing data is still trending at all-time lows in 2023.

Inventory 534

Inventory Housing Market Marketing New Listings 534

Housing Wire

JULY 30, 2023

Last week inventory growth dropped and new listing data declined again. Two weeks ago we had some good movement with active listings growing almost 9,000 , but last week that fell to just 4,988, and new listings data also fell. Instead, new listings data had a small decline last week.

Housing Market 362

Housing Market Marketing Inventory New Listings 362

Housing Wire

NOVEMBER 11, 2023

We saw some good growth this week, and hopefully, in 2024, we can close the gap and get back to 2021-2022 data on new listings. That is the critical period for new listing data to grow; remember, most sellers are buyers. Weekly inventory change (Nov. 23 and went from 8% to 7.38% on Nov.

Inventory 471

Inventory New Listings Mortgage Retail 471

Housing Wire

SEPTEMBER 15, 2023

New Listings Tick Up Slightly, But Overall Housing Supply Remains at Record Low New listings rose 0.8% Year-over-year new listings were down 14.4%. New listings have likely bottomed out,” she said. year over year, the largest annual decline since June 2021. million in August, falling 1.1%

Buyers 411

Buyers Mortgage New Listings Real Estate Agent 411

Housing Wire

MARCH 9, 2024

However, growth is growth, and if we can match spring 2022 and 2021 levels, I will be a happy camper. Weekly new listing data for the last week over several previous years: 2024: 59,243 2023: 50,687 2022: 59,661 For some historical context, new listing data this week in 2011 was 362,248.

Mortgage 469

Mortgage Inventory New Listings Housing Market 469

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. in 2021 and as high as 6.25% in 2022. It wasn’t the rate move that caught my attention — it was the new listing data. But now this is a real risk. The parts of the U.S.

Mortgage 518

Mortgage Inventory New Listings Sellers 518

Housing Wire

MAY 7, 2023

Just when I thought it was safe to say we were getting more traditional spring housing inventory , we hit a snag last week, as active inventory and new listings declined. However, one thing is for sure, housing is not going to crash due to large-scale panic-selling — a scare tactic of late 2021 that didn’t work then or now.

Inventory 487

Inventory Housing Market Marketing New Listings 487

Housing Wire

APRIL 30, 2023

Weekly housing inventory Since new listing data was trending at all-time lows in 2023, some feared we wouldn’t see the typical spring inventory increase. After the last few weeks , we can put that fear aside: we are finally getting the seasonal increase in active listing. This link explains the difference and is worth a read.

Inventory 518

Inventory Housing Market Marketing New Listings 518

Housing Wire

JUNE 25, 2023

However, the real positive story here is that even with new listing data trending at an all-time low, we are getting the growth in active listings we traditionally see in the spring and summer. In addition, new listing data turned negative year over year after the second half of 2022.

Inventory 407

Inventory Housing Market Marketing New Listings 407

Housing Wire

JUNE 11, 2023

inventory saga: after mortgage rates spiked above 6% in 2022, that jump-started the unhealthy reality of new listing data trending negative year over year. So much for the 2021 grifting premise that once mortgage rates rise, many Americans will list to sell and get out! Of course, we have a third story in this U.S.

Inventory 502

Inventory Housing Market Marketing New Listings 502

Housing Wire

JUNE 9, 2023

They went all in during COVID-19 in 2020, doubled down in 2021 as the forbearance crash bros but really bet the farm on a massive home-price crash in 2023 after the most significant home sales crash ever in 2022. This was a big deal, and the weekly Housing Market Tracker of new listing data was all over this.

Inventory 545

Inventory Housing Market New Listings Mortgage 545

Housing Wire

APRIL 23, 2023

Here’s a quick rundown of the last week: Active listings rose by 8,546 , and new listing data showed some growth. If that is the case, then this week’s gain in active inventory and new listings needs to be taken with a grain of salt until we get next week’s data. However, I will take what I can now.

Inventory 545

Inventory Housing Market Marketing New Listings 545

Housing Wire

MARCH 26, 2023

Active inventory fell 1,109, and new listing data made a lovely comeback week to week but was still noticeably down year over year. One piece of good news last week was that the new listing data, which saw a significant collapse two weeks ago, rebounded excellently to return to a usual trend.

Inventory 445

Inventory Housing Market Marketing Mortgage 445

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 448

Mortgage Inventory New Listings Housing Market 448

Housing Wire

APRIL 3, 2023

Active inventory fell by 3,141, and new listing data fell again and is still trending at all-time lows. It looks similar to 2021 data, which bottomed on April 9. The NAR data going back decades shows how difficult it’s been to get back to anything normal on the active listing side. Mortgage rates rose to 6.57%.

Inventory 484

Inventory Housing Market Marketing New Listings 484

Housing Wire

JANUARY 13, 2024

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%. We can grow new listings from these depressed levels and get more demand. 2022 21.7%

Inventory 530

Inventory New Listings Retail Mortgage 530

Housing Wire

AUGUST 10, 2022

One of the most important housing market stories in recent weeks has been the decline in new listings , which has slowed the growth rate of total inventory. Redfin : Realtor.com : Altos Research : Clearly, we are seeing a slowdown in new listings as the data has been negative now for months. What does this mean?

Inventory 521

Inventory New Listings Housing Market Sellers 521

Housing Wire

OCTOBER 28, 2023

28): Inventory rose from 571,944 to 578,089 The inventory bottom for 2022 was 240,194 The inventory peak for 2023 so far is 562,556 For context, active listings for this week in 2015 were 1,169,130 Once again, we had another week of high mortgage rates but new listing data was unfazed. Weekly inventory change (Oct.

Inventory 503

Inventory Mortgage New Listings Marketing 503

Housing Wire

NOVEMBER 18, 2023

Even though we saw a noticeable decline week to week, new listings are positive year over year, still trending at the lowest levels ever. I talked about how new listings data is forming a bottom on CNBC recently. Weekly inventory change (Nov.10-Nov. 17) : Inventory rose from 566,941 to 569,898 Same week last year (Nov.

Mortgage 470

Mortgage Inventory New Listings Housing Market 470

Housing Wire

JULY 9, 2023

The weekly active listing data had a rare week-to-week decline. The other big story in housing has been that new listing data has been trending at the lowest levels recorded in history for 12 months. This is truly a savagely unhealthy housing market as we have too many people chasing too few homes.

Inventory 474

Inventory Housing Market Marketing New Listings 474

Housing Wire

DECEMBER 21, 2022

We have had two historic events that created a waterfall dive in demand recently; we now have precise data showing new listing data declining with those events, which shows how important that data line is to housing demand. Mortgage rates spiked in March, and then the new listing data started to decline at the end of June.

Inventory 522

Inventory New Listings Housing Market Sellers 522

Appraisal Buzz

OCTOBER 5, 2022

HouseCanary’s latest Market Pulse report shows decreasing demand has resulted in a sharp drop in new listing volume, resulting in an estimated 19% decrease nationwide compared to September 2021. The post With New Net Listings Down, Housing Market Reaches Crossroads appeared first on Appraisal Buzz.

Housing Market 195

Housing Market Marketing New Listings Appraisal 195

Housing Wire

JANUARY 20, 2023

During that period, we saw new listing data decline. 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. from December 2021 ($358,800), as prices rose in all regions.

Inventory 540

Inventory Housing Market New Listings Marketing 540

Housing Wire

MARCH 6, 2023

Weekly inventory fell much more than the previous two weeks, down 11,021; new listing growth had its lowest weekly calendar print for this previous week. The new listing data had its lowest weekly print ever, down slightly from last year but more noticeably from what we traditionally saw in the previous decade.

Inventory 462

Inventory Housing Market Marketing New Listings 462

Housing Wire

APRIL 18, 2024

The one thing that is positive this year which is different than last year is new listing data is rising year over year, nothing spectacular, but it’s a positive story for housing This means we have more sellers that will be buyers in 2024. This is never a good thing for housing.

Inventory 484

Inventory Housing Market New Listings Buyers 484

Housing Wire

SEPTEMBER 30, 2023

Even with rates spiking, the new listing data hasn’t created another new leg lower. Last week, according to Altos Research : Weekly inventory change (Sept.22-29) 22-29) : Inventory rose from 527,938 to 534,746 Same week last year (Sept. This is important, as I expect flat to slightly positive data soon due to a shallow bar.

Mortgage 499

Mortgage Inventory New Listings Government 499

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. Weekly inventory change (Feb. million to reach 2019 levels.

Housing Market 428

Housing Market Marketing Inventory New Listings 428

Housing Wire

MARCH 12, 2023

Weekly inventory fell by 6201 , and new listing data is down noticeably from last year, which was different than last week. The 10-year yield, already at a key critical level, couldn’t break higher but reversed and went lower Friday after the jobs report and the news around Silicon Valley Bank. million in 2023.

Housing Market 370

Housing Market Mortgage Marketing Inventory 370