Housing Wire

JANUARY 5, 2023

The 2022 housing market was savagely unhealthy , with all-time lows in inventory leading to massive bidding wars and price spikes until the Fed put a screeching halt to all of it with rate hikes that resulted in the most significant one-year spike in mortgage rate history. From 2013 to 2022 I forecasted price growth every year.

Housing Market 543

Housing Market Marketing Inventory New Listings 543

Housing Wire

AUGUST 1, 2023

Zillow Group ‘s new-construction listings will be automatically syndicated to Redfin. The deal between the listing platforms comes as new construction listings form roughly 30% of the housing sales market. New single-family home sales rose 23.8% million lost in Q1 2022.

Construction 370

Construction Advertising Real Estate Real Estate Agent 370

Housing Wire

MARCH 1, 2024

Sales from 2022 to 2023 were down 14%,” Mark Fischer, the CEO of the Indiana Realtors Association , said. “We We were up year over year in inventory , but we were at a 25 year low on new listings.” Like elsewhere in the country, Indiana has struggled with housing inventory. According to Altos Research, as of Feb.

Housing Market 441

Housing Market Marketing Inventory Construction 441

Housing Wire

MARCH 6, 2024

Moderation in mortgage rates led to a pickup in demand for residential real estate, but limited inventories across the country hindered actual home sales , the Federal Reserve reported in its Beige Book survey of regional business contacts that was published Wednesday.

Mortgage 416

Mortgage Real Estate Inventory Construction 416

Empire Appraisal Group

SEPTEMBER 8, 2022

The housing market has taken a few hits, such as a doubling of mortgage rates in 2022, but it remains solid even if legitimate news providers suggest doom and gloom. NEW YORK – The rock-hard foundation of the U.S. home prices are about to tumble as demand for new houses ‘craters,’ an economist warns.” Nowhere in Sight.

Housing Market 78

Housing Market Marketing Real Estate New Listings 78

Housing Wire

JANUARY 19, 2023

High inflation has reduced consumers’ purchasing power, which has led to weakened sales and construction across all 12 Federal Reserve districts. While home prices have started to inch down, more inventory is needed for a balanced housing market, the Federal Reserve Beige Book said.

Inventory 420

Inventory Housing Market Marketing Construction 420

Housing Wire

FEBRUARY 24, 2023

percent) below the January 2022 estimate of 831,000. As I have stressed for months, the new home sales levels are historically low and don’t account for the cancellation rate. Homebuilders’ for-sale inventory and months’ supply The seasonally-adjusted estimate of new houses for sale at the end of January was 439,000.

Inventory 483

Inventory Construction Housing Market Mortgage 483

Housing Wire

JANUARY 1, 2024

The 2023 housing market faced one of the same roadblocks we saw in 2022: mortgage rates were too high for home sales growth. This would happen if we saw a surge of stressed inventory and mortgage rates didn’t go low enough to handle that much new supply into the market. What could make home prices decline?

Housing Market 528

Housing Market Marketing New Listings Construction 528

Housing Wire

FEBRUARY 16, 2023

Last year we had monthly existing home sales collapse back to 2007 levels, except this time around, NAR has total inventory at 970,000 and not over 4 million. In an odd twist of fate, the delays due to COVID-19 are currently an infrastructure and jobs program for Americans in the construction industry. percent (±15.9 percent (±10.6

Construction 521

Construction Housing Market Inventory Mortgage 521

Housing Wire

AUGUST 23, 2023

Builders are taking advantage of the housing market inventory issues , which is why new home sales are growing yearly, even with higher mortgage rates. I often use the term efficient home sellers to describe the home builders in this low inventory environment. They will build as long as new home sales are growing.

Mortgage 370

Mortgage Inventory Construction Sellers 370

Housing Wire

JANUARY 19, 2024

from December 2022 to $382,600 – the sixth consecutive month of year-over-year price increases. Remember, with median sales prices and inventory, it’s very seasonal. Something notable about this report: Total active listings as the NAR tracks them almost broke under 1 million again. from December 2022 ($366,500).

Housing Market 470

Housing Market Inventory Contracts Marketing 470

Housing Wire

FEBRUARY 16, 2024

New construction starts fell to a seasonally adjusted annual rate of 1.331 million units, down 14.8% month over month in January to a rate of 1.015 million units, the highest level since May 2022. New starts in the Northeast and the Midwest fell 20.6% month over month, according to a report released Friday by the U.S.

New Listings 415

New Listings Construction Inventory Sellers 415

Housing Wire

JULY 25, 2022

Housing demand weakened noticeably as growing concerns about affordability contributed to non-seasonal declines in sales, resulting in a slight increase in inventory and more moderate price appreciation,” states the Federal Reserve’s most recently released Beige Book report — based on data and reports current as of mid-July.

Housing Market 397

Housing Market Marketing Supply Chain Real Estate 397

Housing Wire

SEPTEMBER 12, 2023

So, the author tried to use new construction prices from back in April to describe the whole U.S. There are no signs of any surge in listings, and as a result we’ve seen a floor on home prices. New contracts dipped as affordability is out of reach for so many. housing market now. This week continues that trend.

Contracts 409

Contracts Inventory Housing Market Buyers 409

Raleigh Realty

JULY 12, 2022

Let’s take a deep dive into emerging data in Wake County from 2022 and narrow down on key Raleigh real estate trends. of its original list price in Q1 of 2022. In this post, we’re going to cover the Raleigh real estate trends in 2022 so far, including: Rated number one in the U.S. in the fall 2022 semester.

Real Estate 78

Real Estate Supply Chain Construction Home Value 78

Housing Wire

NOVEMBER 28, 2022

did not go into a recession at the start of 2022. The downturn in the LEI reflects consumers’ worsening outlook amid high inflation and rising interest rates, as well as declining prospects for housing construction and manufacturing. In addition, we have a lot of two-unit construction built, which will bring more supply online.

Transportation 537

Transportation Construction Housing Market Mortgage 537

Listing Spark

SEPTEMBER 25, 2023

From late summer of 2022 to now, the Texas real estate market has experienced one of the most unpredictable corrections in recent history, leaving a lot of home-buyers and sellers scratching their heads and trying to make sense of what is going on. But by mid-2022, they shot up to over 6%. Let’s make sense of it all together!

Real Estate 69

Real Estate Sellers New Listings Inventory 69

Lamacchia Realty

MARCH 29, 2022

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for February 2022 compared to February 2021. Miami-Dade & Palm Beach Counties. What's Ahead?

New Listings 53

New Listings Inventory Realty Buyers 53

Lamacchia Realty

FEBRUARY 25, 2022

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for January 2022 compared to January 2021. Broward County. Miami-Dade & Palm Beach Counties. What's Ahead?

New Listings 41

New Listings Inventory Realty Buyers 41

Listing Spark

JANUARY 12, 2023

In this episode of Real Estate Real Fast, Aaron Jistel discussed the market trends of 2022 and 2023. Listen to the full episode to learn more about factors impacting the real estate market in 2022, forecasting trends for 2023 real estate market, strategies for investing in the current real estate market, and more. Episode Overview.

Real Estate 36

Real Estate Marketing Home Value Inventory 36

Will Springer Realtor

JANUARY 10, 2023

The number of new listings for all home types – single-family, townhomes and condos combined – in King (887) fell 47% from November and declined 36% from December 2021. The bar is so low on listings and sales data that one might trip over it. Exclusive Eastside communities topped 2022’s highest-priced home sales.

Housing Market 36

Housing Market Marketing Inventory Real Estate 36

Listing Spark

MARCH 9, 2023

In June 2022, what was expected to be a thriving summer sales season quickly took an unexpected turn. That trend continued throughout 2022 and into January of 2023. Austin Real Estate Market Breakdown 2022 Recap Total Transactions were down 19.1% Months supply of inventory climbed from 0.6 increase YOY).

Real Estate 36

Real Estate Marketing Inventory Sellers 36

Listing Spark

FEBRUARY 7, 2024

trillion in 2022 and an eye popping $4.51 3) Days on market and months supply of inventory climbed, shifting to a more balanced market For the first time in over 13 years, the market shifted from a scalding hot seller’s market to a balanced market or even a buyer’s market in some areas. in 2022 to 3.3 in 2022 to 3.4

Real Estate 36

Real Estate Sellers Home Value Inventory 36

Will Springer Realtor

SEPTEMBER 8, 2021

The company forecasts an 8% YoY increase in new communities for 2021 across the U.S. and another 10% boost in 2022. Others – Meritage Homes (+20% YoY in 2021) and Tri Point Homes (+15-30% YoY in 2022) – expect tremendous growth of new communities. And many of the new projects are larger than in years past.

Construction 36

Construction Inventory Buyers Real Estate 36

Will Springer Realtor

MARCH 10, 2023

“The number of homeowners deciding to sell continues to lag, but inventory and time on market continue to [mostly] climb, reflecting still-hesitant buyers.” Median home prices are lower in most parts of the county compared with February 2022. The structures have been topped out and construction cranes are coming down.

Construction 36

Construction Modernization Buyers Inspection 36

Will Springer Realtor

MAY 13, 2024

Housing inventory nationwide flipped from oversupply to undersupply about a dozen years ago when consumers and the banking industry began to slowly rebound financially from the Great Recession. America’s shortfall is most acute with the most vulnerable, as affordable housing inventory has been shrinking for decades. shy of the need.

HOA 36

HOA Transportation Construction Buyers 36

Lamacchia Realty

JANUARY 24, 2022

It also looks at other metrics like New Listings and New Pending Sales as they are often the best indicators for predicting future trends in the market. The inventory crisis last year caused demand to spike higher than ever by fall into winter, which in turn caused prices to continue to increase significantly.

New Listings 50

New Listings Inventory Buyers Realty 50

Housing Wire

JUNE 26, 2023

This lack of inventory has also resulted in the return of home price growth in recent months and has boosted new home construction, Fannie Mae ‘s Economic and Strategic Research (ESR) Group said Monday. This has led Fannie Mae to revise its 2023 single-family originations forecast to $1.59 trillion, down from $1.65

Inventory 370

Inventory Construction New Listings Housing Market 370

Will Springer Realtor

AUGUST 15, 2023

Mortgage rates are high, home prices are high, there’s no inventory.” The season has been shaped by slumping new listings, a slowly climbing number of homes sitting on the market from previous months, fewer closed sales compared to last year and prices moving plus/minus five percentage points year-on-year (YoY).

Sellers 60

Sellers Buyers New Listings Inventory 60

Will Springer Realtor

FEBRUARY 13, 2024

The number of newly listed homes more than doubled from December and increased moderately compared with the same time last year, according to data from the Northwest Multiple Listing Service (MLS). Total inventory remains low, however, keeping prices higher on an annual basis. months’ inventory, up from 1.4 King had 1.8

New Listings 54

New Listings Buyers Inventory Lending 54

Will Springer Realtor

MARCH 14, 2023

“The number of homeowners deciding to sell continues to lag, but inventory and time on market continue to [mostly] climb, reflecting still-hesitant buyers.” Notably, there are 185% more listings available today across the Eastside of the county compared with February 2022. each month between 2003 and 2022.) in Seattle.

Marketing 36

Marketing Buyers Inventory Sellers 36

Will Springer Realtor

JUNE 13, 2023

Today’s YoY declines underscore just how far the market has shifted from 2021 and 2022. Prices for all home types combined (single-family, townhome, condo) in May 2022 were up 14% YoY across King, 27% on the Eastside and up a “modest” 7.9% Despite high interest rates, some hungry buyers are competing over limited inventory.

Buyers 36

Buyers Inventory Construction Finance 36

Will Springer Realtor

DECEMBER 19, 2023

The region’s real estate scene in 2023 will be remembered for rising home prices and scant new listings. As the year dims, all eyes fixate on 2024’s potential: a hopeful dance fueled by dreams of lower rates and a wave of new homes for sale. Buyers and sellers tiptoed through caution.

Real Estate 68

Real Estate Buyers Sellers Inventory 68

Will Springer Realtor

AUGUST 11, 2023

First, let’s set the scene: Housing inventory is shrinking year to year in most parts of the country and there are no signs of significant replenishment over the horizon. In 2022, the index fell off the cliff: Homeownership remains a great way to build wealth, especially for the middle class and people of color, who may have few investments.

Buyers 36

Buyers Development Construction New Listings 36

Will Springer Realtor

NOVEMBER 14, 2023

Worsening affordability issues and lower-than-usual inventory have prompted many consumers to watch this housing market from the sidelines – without the picket lines. New listings for all home types in King County stood at 2157, a whopping 25% drop from September to October. Single-family inventory narrowed to 1.7

Inventory 36

Inventory Buyers Sellers New Listings 36

Will Springer Realtor

JULY 11, 2023

The county saw the combined number of single-family, townhome and condo listings increase in June by 4.4% While that percentage may appear strong, it’s nothing compared to the April-to-May rise of 18%, signaling a probable cooling of new listings in the future. New single-family-home listings rose 3.8%

Housing Market 36

Housing Market Buyers Inventory Real Estate 36

Will Springer Realtor

MAY 9, 2023

months in Q2 of 2022, according to a survey conducted by John Burns Research & Consulting. Whether it was cutting red tape and construction costs or ensuring our cities allow more affordable options near transit and jobs, these bills, working together, mean more homes, at more affordable prices, in communities all across our state.”

Real Estate 36

Real Estate Modernization Construction Supply Chain 36