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?

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Sellers Housing Market Marketing Inventory 69

Housing Wire

JANUARY 20, 2023

On Friday NAR reported that total housing inventory levels broke under 1 million in December, dropping to 970,00 units for a population of 330 million people. And existing home sales crashed in 2022 from a peak of around 6.5 housing market , we just experienced an event that most people never thought could happen.

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Inventory Housing Market New Listings Marketing 540

Housing Wire

DECEMBER 16, 2022

This article is part of our Housing 2022-23 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.

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Buyers Realtors Inventory Sellers 471

Housing Wire

AUGUST 3, 2023

The firm’s revenues came in at $2 billion in the second quarter of 2023, down 37% compared to the previous quarter and 53% related to 2Q 2022. Total operating expenses declined to $217 million, compared to $294 million in Q1 2023 and $454 million in Q2 2022. housing market,” Wheeler said.

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Inventory Contracts Sellers Housing Market 370

Housing Wire

NOVEMBER 17, 2023

compared to October 2022, it’s still the smallest annual decline in nearly two years, according to a report from Redfin. Sellers cut prices or offered concessions to get to the closing table. in October 2022. of homes that were under contract, the highest rate on record. Although pending sales fell 4.8%

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Housing Wire

NOVEMBER 21, 2023

Compared to October 2022, existing home sales slumped 14.6%, down from 4.44 Homes typically go under contract a month or two before the closing, which means the October data largely reflects purchase decisions made in August and September. lower than October 2022 when inventory was at 1.22 months in October 2022.

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Inventory Realtors New Listings Contracts 404

Housing Wire

JANUARY 2, 2023

These declines, of course, came after very strong price increases in late 2021 and the first half of 2022,” Craig Lazzara, the managing director of S&P DJI , said in a statement. All 20 cities analyzed posted lower price increase in the year ending October 2022 as compared to the year ending September 2022.

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Home Value Housing Market Contracts Sellers 393

Housing Wire

SEPTEMBER 15, 2023

of homes that went under contract that month, according to a new report from Redfin. in August 2022 and marks the highest percentage since October 2022, when mortgage rates surpassed 7% for the first time in two decades. home sale price rose 3% year over year to $420,846 in August, the largest annual increase since October 2022.

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Buyers Mortgage New Listings Real Estate Agent 414

Lamacchia Realty

MARCH 17, 2022

ARE YOU A "WANT-TO-BE" SELLER IN 2022? There are questions about housing market health and what the market is actually doing. Take Action to Sell and Action to Buy- Many times “Want-to-Be” sellers and buyers don’t take one step without the other and all that does is hold you back.

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Sellers Realtors Buyers Inventory 67

Housing Wire

APRIL 29, 2024

It’s still April, so there could be as many as eight more weeks of seller growth in the spring housing market. And seller growth is happening pretty much everywhere across the country, with Florida and Texas leading the way. The bearish take is that there are many more sellers than buyers and inventory is rising.

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Sellers Marketing Inventory Contracts 488

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. . Since the summer of 2020, I have talked about what could change the housing market, which was a 10-year yield above 1.94%, which means rates over 4%.

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Inventory Housing Market New Listings Mortgage 450

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. In February, NAR in partnership with Realtor.com released The Double Trouble of the Housing Market report. For Asian Americans the rate is 61.7%

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Housing Market Realtors Buyers Inventory 442

Birmingham Appraisal

MAY 11, 2022

So How’s The Birmingham Housing Market? With the first quarter of 2022 under our belts, I thought I would take a quick look at how the numbers stack up against past years, and for March. A shocking stat to me was the steep increase in median prices for the month of March from 2017 to 2022.

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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

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Mortgage Housing Market Contracts Construction 382

Housing Wire

MARCH 8, 2023

The demand, according to Fullmer, also increased because some borrowers realized that “eventually, when rates drop, it will go back to a seller’s market, and buyers will lose the massive credits and other conditions that they can negotiate now.” But another index measures rates even higher.

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Mortgage Loan Officers Investors Government 382

Housing Wire

NOVEMBER 29, 2022

As has been the case for the past several months, our September 2022 report reflects short-term declines and medium-term deceleration in housing prices across the U.S.,” As a result, prices might not continue to plunge down as much as some projections anticipate— as the available inventory of homes on the market is constrained.”.

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Inventory Contracts Sellers Finance 370

Housing Wire

MAY 2, 2024

The housing market has been on a topsy-turvy roller-coaster ride in recent years that has been particularly neck wrenching since this past fall, fueled by stubbornly high inflation and a still-strong jobs market. Following are excerpts from their responses that reflect on the good, the bad and the ugly of the current market.

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Marketing Mortgage Investors Sellers 424

Housing Wire

SEPTEMBER 23, 2022

Women make up 66% of all Realtors, according to the National Association of Realtors ‘ 2022 Member Profile , but hold just a fraction of executive leadership positions throughout the industry. HW Media : What do you think will be the big themes for the housing market in 2022-2023?

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Real Estate Agent Agents Real Estate Realtors 370

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. In 2022, there were fewer sales in Connecticut than in 2021, down 18.8%

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Inventory Sellers Buyers Real Estate 52

Listing Spark

OCTOBER 13, 2022

Is that the case for all major Texas housing markets? What should buyers and sellers be doing right now? What should they expect in this housing market? We’ll dive into the state of the Texas real estate market with Real Estate Real Fast host Aaron Jistel. How to vet real estate agents as a seller.

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Housing Market Real Estate Marketing Buyers 36

Lamacchia Realty

JUNE 21, 2022

For the past few years, with inventory at historically low levels , sellers were coming pretty close to naming their price and buyers were paying. The low rates made it possible to offer more on a home as the cost of borrowing was lower and therefore, sellers weren’t the ones competing, buyers were. The same will be true for sellers.

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Housing Market Bracketing Marketing Sellers 65

Hank Miller Team

JULY 12, 2023

The first half of the Atlanta 2023 housing market shared many similarities with the first half of the 2022 real estate market. In fact, some market are ahead of those record highs of '22. Clearly it's not the same market, but the interest rate shock seems to be accounted for. Not Greater Atlanta.

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Housing Market Marketing Buyers Sellers 40

Housing Wire

FEBRUARY 7, 2023

The Federal Reserve (Fed) actions that resulted in millions of borrowers receiving mortgage rates below 4% gave way to Fed actions that… triggered mortgage rates to rise above 7% in the fall of 2022. It also allows home sellers to receive top dollar for the home, he said. The product, known as an assumable mortgage, is not new.

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Mortgage Loan Officers Government Buyers 382

Housing Wire

JANUARY 2, 2024

We have more homes going into contract each week now than we did a year ago — supply and demand are climbing together. This implies that there are more than enough buyers at these prices and these mortgage rates to keep activity happening in housing. Each week sellers are easing back into the market a little more than last year.

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Housing Market Marketing Inventory Contracts 525

Housing Wire

APRIL 25, 2023

below its June 2022 peak.” Mortgage financing and the prospect of economic weakness are therefore likely to remain a headwind for housing prices for at least the next several months,” Lazzara said. Because most home sales take several months from contract to closing, the data likely includes some deals struck in October and November.

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Inventory Contracts Buyers Sellers 393

Housing Wire

DECEMBER 4, 2023

Now that Thanksgiving is behind us and December is well under way, we can start looking ahead to the 2024 housing market. It’s looking like we’ll end 2023 with higher housing inventory than this time last year. It’s looking like we’ll end 2023 with higher housing inventory than this time last year. housing market in 2024.

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Housing Market Marketing Inventory New Listings 483

Housing Wire

MARCH 1, 2023

Issuance of agency mortgage-backed securities (MBS) is projected to contract significantly over the next two years in the face of a housing-market contraction, but the actual supply of MBS available for purchase in the private market is expected to swell to record levels over that period. Amherst’s Bordia said. “…But

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Marketing Investing Mortgage Investors 382

Housing Wire

DECEMBER 10, 2021

As we approach the end of another hot year for the market, homebuyers and sellers are eagerly looking ahead to the 2022 housing market. Will the market continue its streak of strong growth, or are we finally about to see a slow down? Demand will continue to be strong into 2022.

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Housing Market Marketing Inventory Sellers 542

Housing Wire

NOVEMBER 6, 2023

held up in 2023, sales volume in the housing market cratered. The industry is in a deep housing recession this year. If we get lucky with mortgage rates, though, we might just be at the bottom of the housing market recession right now. To get the weekly picture of the housing market, watch the video above.

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Housing Market Marketing Inventory Contracts 502

Housing Wire

OCTOBER 13, 2022

So far in 2022, he added, “there are over 25 already, and the pace is picking up.”. as of early October 2022, according to Freddie Mac’s market survey. In short, the IMB industry will contract and reconfigure via failures, asset sales, mergers and acquisitions, according to Capasse’s forecast.

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Mortgage Marketing Buyers Sellers 370

GoForrmz

OCTOBER 26, 2022

Get ahead with real estate automation The real estate market has seen a lot of unusual trends in the past couple years, and it’s no surprise things have been pretty weird. In 2021 , we saw houses receive multiple offers and sell for thousands of dollars over asking price within hours. That’s where we come in. We know the feeling.

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Real Estate Contracts Clients Real Estate Agent 78

Housing Wire

MAY 13, 2024

All in all, you can see how effectively 7% mortgage rates have slowed the housing market. If you need to communicate about the real estate market with buyers and sellers, you should join us. real estate market as of mid-May 2024. It’s the peak season for buyers and sellers. That’s up 1.5% for the week.

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New Listings Contracts Inventory Sellers 477

Housing Wire

DECEMBER 5, 2022

I have been part of the mortgage banking industry since 1983 — 39 years to date through different housing markets. In many ways it was similar to today, with one exception: When I started, I hadn’t been spoiled by a housing market like the one in 2020 and 2021. economy, especially the mortgage and housing sector.

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Housing Market Marketing Supply Chain Mortgage 513

Housing Wire

MAY 6, 2024

The good news for the housing market is that the pace of sales is gradually improving due to the expanded supply. housing market as we roll into May 2024. Housing inventory There are now just under 600,000 single-family homes on the market. There are now 83% more homes on the market than in May 2022.

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Inventory Contracts Sellers New Listings 441

Hank Miller Team

JULY 7, 2022

The great Atlanta real estate market adjustment of 2022 is upon us. Probably not a bad question as the changes in quarter 2 of 2022 were dramatic, As the Fed fights rampant inflation, buyers are faced with dramatic rate increases and sellers with a comparative lack of activity. Expect that to change.,

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Appraisal Real Estate Agent Contracts Real Estate 52

Empire Appraisal Group

JANUARY 11, 2023

But even though mortgage rates and home prices are expected to moderate, home sales may still sag under persistent inventory shortages, housing economists predict. Some housing markets may see an uptick in homebuying activity at the beginning of the year, especially if mortgage rates continue receding from a recent high of 7%.

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Real Estate Marketing Buyers Sellers 78

Housing Wire

APRIL 30, 2024

Unsold inventory was nearly 32% higher than at this time last year and 90% higher compared to the end of April 2022. “The It’s still April, so there could be as many as eight more weeks of seller growth in the spring housing market. On the more bullish side, more inventory could result in more sales.

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Mortgage New Listings Inventory Sellers 414