Housing Wire

MARCH 18, 2022

This level is still within my 2022 forecast sales range between 5.74 million and I am looking for more of the same in 2022, at the 5.74 To get the housing market to be sane and normal again, we need inventory to get back in a range between 1.52 – 1.93 even for rental housing. even for rental housing.

Housing Market 542

Housing Market Marketing Inventory Sellers 542

Housing Wire

MAY 2, 2023

The housing market functions differently than other markets because it can be characterized as a heterogeneous, thinly traded, illiquid market. In other words, it’s a diverse market with a wide variety of different homes of varying ages and levels of repair, and sales happen very rarely. The result is fewer sales.

Housing Market 390

Housing Market Marketing Sellers Inventory 390

Housing Wire

FEBRUARY 3, 2022

This article is part of our HousingWire 2022 forecast series. After the series wraps, join us on February 8 for the HW+ Virtual 2022 Forecast Event. Thanks to a boom in the housing market and a historic refinance market, the past two years have been a favorable period for the mortgage market.

Housing Market 410

Housing Market Marketing Supply Chain Mortgage 410

Housing Wire

DECEMBER 23, 2022

This article is part of our 2022-23 Housing Market Forecast series. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the top predictions for this year, along with a roundtable discussion on how these insights apply to your business. at the end of 2022.

Housing Market 399

Housing Market Marketing Inventory Buyers 399

Housing Wire

APRIL 17, 2023

Local housing markets is a HousingWire magazine feature spotlighting housing trends across the country. Austin, Texas In 2021, Austin had one of the hottest housing markets in the country. But, in 2022, as prices in the metro rose to never-before-seen levels, things started to change.

Housing Market 388

Housing Market Marketing Inventory Buyers 388

Housing Wire

APRIL 26, 2024

That figure was up 5% year over year and was only 3% below the peak price of $432,496 in May 2022. In Texas and Florida , however, key market signals show diverging trends. My advice to sellers is to price your home fairly,” Chen Zhao, economic research lead at Redfin, said in a statement. Redfin reported that among the 10 U.S.

Housing Market 402

Housing Market Marketing Insurance Sellers 402

Housing Wire

JANUARY 25, 2023

This article is part of our 2022 – 2023 Housing Market Update series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Housing Market Update. They increased the Federal Funds Rate from nearly 0% at the start of 2022 to 4.5% in September 2022. They eased below 6.5%

Housing Market 431

Housing Market Marketing Inventory Sellers 431

Housing Wire

MARCH 27, 2023

Housing markets in tech hubs were in high demand during the pandemic, with potential buyers facing fierce competition on homes in cities like San Jose and Austin. According to Redfin’s analysis, Austin, Texas has experienced the most rapidly cooling housing market in the nation over the last year.

Housing Market 373

Housing Market Marketing Contracts Buyers 373

Housing Wire

DECEMBER 7, 2022

What I mean by a credit bust is that after the housing bubble burst in 2005 into 2006, we saw a massive increase in supply. These were forced credit sellers, which means these sellers don’t sell to buy a home like a traditional seller does. Total inventory levels. NAR: Total Inventory levels 1.22

Housing Market 544

Housing Market Mortgage Marketing Inventory 544

Housing Wire

JULY 2, 2023

Housing inventory finally broke under 2022 levels last week. To give you an idea how different this year is from last year, last week in 2022, active listings grew 30,940 while this year they only grew 5,848. We have often discussed that the housing market dynamics changed starting Nov.

Inventory 458

Inventory Housing Market Marketing New Listings 458

Housing Wire

JANUARY 16, 2023

The weekly data shows some good news for the housing market ! With mortgage rates also falling, I am hopeful that more people will list their homes and buy another, so we can get back to a more functional housing market. One caution is that this data line took a waterfall dive, wiping out seven years of growth in 2022.

Inventory 533

Inventory Housing Market Marketing Mortgage 533

Housing Wire

JANUARY 9, 2023

The housing market saw inventory fall 4% last week from the week before. Traditionally, we do see housing inventory fall in the month of December, however, we clearly saw in the second half of 2022 that higher rates created more days on the market and inventory was lingering longer. 30, 2022-Jan.

Inventory 540

Inventory Housing Market Marketing New Listings 540

Housing Wire

MARCH 13, 2023

Local housing markets is a HousingWire magazine feature spotlighting housing trends across the country. New York City, New York In many ways the spring of 2022 marked the full return of New York City and for a real estate agent like Johnson Tsai, a lead agent at REAL, this meant a massive up-tick in rental demand. “We

Housing Market 366

Housing Market Marketing Tenants Buyers 366

Housing Wire

APRIL 30, 2023

The spring housing market music is playing, and purchase application data and active listing inventory rose together last week. Also, the volume of active listings was higher in 2022 this week, even though we were working from a lower level. While the labor market is getting less tight, it’s not broken yet.

Inventory 520

Inventory Housing Market Marketing New Listings 520

Housing Wire

FEBRUARY 6, 2023

Despite mortgage rates briefly falling below the 6% threshold, both housing inventory and mortgage demand fell last week. Let’s dive into the trend lines of the housing market. We are working from a shallow bar in this index – seven years of growth were taken away in one year in 2022.

Inventory 464

Inventory Housing Market Marketing New Listings 464

Housing Wire

SEPTEMBER 15, 2023

Buyers facing high mortgage rates are pulling out of their home-purchase agreements at the highest rate in nearly a year. in August 2022 and marks the highest percentage since October 2022, when mortgage rates surpassed 7% for the first time in two decades. That rate is up from 14.3% That rate is up from 14.3% The median U.S.

Buyers 419

Buyers Mortgage New Listings Real Estate Agent 419

Housing Wire

FEBRUARY 27, 2023

We created the weekly Housing Market Tracker because housing data has been so wild since 2020. The housing market madness persisted last week as inventory fell and higher mortgage rates took a bigger bite out of purchase application data. Weekly inventory change (Feb.

Housing Market 443

Housing Market Marketing Inventory New Listings 443

Sacramento Appraisal Blog

JUNE 6, 2022

Sellers haven’t had to negotiate much with buyers over the past two years, but that’s starting to change. Let’s talk about this today by looking at seller concessions (credits for repairs, help with closing costs, etc…). THE HONEYMOON IS OVER: It’s like the market was on […].

Buyers 450

Buyers Real Estate Sellers Marketing 450

Housing Wire

OCTOBER 1, 2022

However, there are a number of attention-grabbing headlines, which unfortunately only compare today’s housing market to the very recent history of the last two years. It is always good to know where we are with the real estate market, but it is essential to keep all data in historical perspective. . Historically 2.5

Realtors 397

Realtors Housing Market Marketing Buyers 397

Housing Wire

JUNE 28, 2022

in the previous month… Nine of the 20 cities reported higher price increases in the year ending April 2022 versus the year ending March 2022. This data line lags the current housing market as it’s a few months old. Since 2014, we’ve not seen the credit housing boom that we saw from 2002-2005.

Housing Market 458

Housing Market Marketing Inventory Investors 458

Housing Wire

NOVEMBER 13, 2023

Homebuyers’ median household income increased by $19,000 this year from 2022, reaching $107,000, according to the National Association of Realtors ’ 2023 Profile of Homebuyers and Sellers. The report is an annual survey of homebuyers and sellers who closed transactions between July 2022 and June 2023.

Real Estate Agent 397

Real Estate Agent Real Estate Agents Sellers 397

Housing Wire

JANUARY 20, 2023

The phrase “in like a lion, out like a lamb” is typically used to describe the month of March, but it is also applicable to existing home sales trends in 2022. The housing market may have started 2022 out with a bang, but it exited the year with a whimper,” Lisa Sturtevant, Bright MLS’ chief economist, said in a statement.

Inventory 377

Inventory Housing Market Realtors Buyers 377

Appraisal Buzz

JULY 8, 2022

After months of tipping heavily in sellers’ favor, the scales of the housing market are finally balancing out, according to a new report from Redfin. Soaring housing costs caused many house hunters to drop out in recent months, which is now providing some relief for buyers who remain.

Housing Market 195

Housing Market Marketing Sellers Buyers 195

Housing Wire

JUNE 25, 2023

So, it shouldn’t be a shock that as soon as housing demand just stabilized, we ran into some negative year-over-year data. In addition, new listing data turned negative year over year after the second half of 2022. The data shows a noticeable decline year over year, and 2021/2022 were already working from all-time lows.

Inventory 410

Inventory Housing Market Marketing New Listings 410

Appraisal Buzz

JANUARY 17, 2022

The housing market boomed in 2021 like few could have expected. What is on the horizon in 2022? This makes new home construction a continued challenge, even as demand exists to accelerate new housing. Things may be taking a turn for the better in 2022, though. Demand for New Homes Will Stay High.

Construction 468

Construction Supply Chain Housing Market Technology 468

Housing Wire

JANUARY 18, 2023

Builders feel more confident in the market, housing inventory data is positive and buyer demand for mortgages has increased — but don’t be fooled. “A small offset or decline in home values, which we are starting to see, (…) can help that consumer who’s in the market for the first time,” Brown said.

Housing Market 447

Housing Market Marketing Insurance Mortgage 447

Housing Wire

APRIL 18, 2024

Supply being near all-time lows is one thing, but existing home sales aren’t crashing like they did in 2022. The supply and demand equilibrium changed after November 2022, and that itself has kept prices rising even with existing home sales still trending at the lowest levels ever for the third calender year. million in March.

Inventory 490

Inventory Housing Market New Listings Buyers 490

Housing Wire

MARCH 28, 2022

In this HW+ Slack Q&A , Lead Analyst Logan Mohtashami gives the inside scoop on where rates are headed, whether or not he has updates to his 2022 forecast and more. HousingWire: To begin, how has your 2022 forecast changed so far? To downgrade it to a savagely unhealthy housing market caught some people by surprise.

Housing Market 354

Housing Market Marketing Supply Chain Inventory 354

Housing Wire

JULY 25, 2022

Local real estate agents, loan officers and appraisers from each city share what characteristics are currently defining their housing markets. 1 housing market for spring 2022, there is no doubt that the housing market in Rapid City is one to watch. Rapid City, South Dakota. Rapid City, South Dakota.

Housing Market 358

Housing Market Marketing Real Estate Real Estate Agent 358

Housing Wire

MARCH 27, 2024

Pre-pandemic, Jacksonville’s housing market was propelled by strong tailwinds: affordability relative to the rest of the Sunshine State, Florida’s lack of income tax and the quality of life benefits of having a river and oceanfront, to name a few. Listings jumped at both the state and city levels in 2021 and 2022.

Brokerage 434

Brokerage Realty Real Estate Inventory 434

Housing Wire

MARCH 6, 2024

Armed with data from HousingWire sister company Altos Research , we can see in minute detail how the housing market responded to the recent 7%-and-higher rate environment and what the market may see again soon. Bad for sellers Prospective home sellers may not notice incremental changes in mortgage rates.

Mortgage 430

Mortgage Sellers New Listings Buyers 430

Housing Wire

JANUARY 9, 2023

This article is part of our 2022 – 2023 Housing Market Forecast series. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for this year, along with a roundtable discussion on how these insights apply to your business.

Retail 474

Retail Sellers Buyers Market Value 474

Housing Wire

DECEMBER 20, 2023

While sales are still tracking below last year’s levels, the gap between 2022 and 2023 has narrowed considerably. Compared to November 2022, existing home sales retreated 7.3%, down from 4.12 months in November 2022. Higher rates and lack of resale inventory dampened the housing market in 2023. All four U.S.

Inventory 417

Inventory Housing Market Realtors Buyers 417

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. The three-pronged challenge of inventory shortages, unaffordable housing and rising interest rates kept home prices more moderate, as supply can’t match demand, the report said.

Housing Market 396

Housing Market Marketing Inventory Sellers 396

Housing Wire

APRIL 14, 2023

This article is part of our 2023 Housing Market Forecast series. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the top predictions for this year, along with a roundtable discussion on how these insights apply to your business. Today, the average is 2.7

Realtors 431

Realtors Buyers Inventory Sellers 431

Listing Spark

JUNE 21, 2022

Unless you’ve been living underneath a rock, you have likely heard talks of a housing market bubble that could burst at any moment. With such a rapidly changing market it can be difficult to know what to do. How do we know the housing market is shifting? First off, how do we know the housing market is shifting?

Sellers 69

Sellers Housing Market Marketing Inventory 69

Housing Wire

APRIL 20, 2023

For the past three years, the HW Marketing Leaders award has recognized elite marketing execs in housing who have pushed their businesses to the top via innovative marketing strategies, creative campaigns and purpose-driven programs. As a result, being adaptable and open to change is essential for success.

Marketing 375

Marketing Real Estate Technology Housing Market 375