Housing Wire

SEPTEMBER 22, 2022

From NAR Research : “Total existing-home sales notched a minor contraction of 0.4% Existing home sales have more legs to go lower, especially now that new listing data is falling. Total Inventory data fell in this report from 1.31 It doesn’t even look like we will breach the lower level of my inventory wish list of 1.52

Inventory 454

Inventory Housing Market New Listings Mortgage 454

Housing Wire

APRIL 15, 2024

Higher mortgage rates have forced available inventory to climb all year. Housing inventory There are now 526,000 single-family homes active unsold on the market. jump in unsold inventory in a week is very notable. As mortgage rates rise, inventory rises. Or, to put it another way: demand slows, inventory grows.

Inventory 427

Inventory Mortgage New Listings Sellers 427

Housing Wire

MARCH 18, 2024

real estate market were for inventory growth, sales growth and home-price growth across the U.S. Of my initial expectations this year — rising inventory, rising sales rates, rising prices — only rising inventory remains clear at this moment as we finish Q1 with rising interest rates. As we started 2024, the signals in the U.S.

Inventory 437

Inventory New Listings Sellers Contracts 437

Housing Wire

APRIL 1, 2024

As mortgage rates rose starting in 2022, payment affordability got dramatically worse and homebuyer demand dried up. New listing volume last week was 18% more than a year ago. Total available inventory is gradually climbing about 1% per week — last year it was still declining in April. This year the dynamic is different.

Inventory 462

Inventory New Listings Contracts Sellers 462

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%

Inventory 53

Inventory Sellers Buyers Real Estate 53

Housing Wire

MAY 13, 2024

Inventory continues to build at the national level, something that’s happening most rapidly in the South. Housing inventory There are now 568,000 unsold single-family homes on the market. It’s not a massive gain, but inventory is growing and will continue to grow over the next few months. As the U.S. That’s up 1.5%

New Listings 481

New Listings Contracts Inventory Sellers 481

Housing Wire

AUGUST 7, 2023

As a result, the available inventory of homes for sale is slightly higher each week. With fewer transactions, inventory is building just a bit as we approach the end of the summer. When will inventory peak for the year? Inventory Inventory is still climbing just a bit each week as we approach the end of the season.

Inventory 369

Inventory New Listings Contracts Buyers 369

Housing Wire

SEPTEMBER 26, 2023

Available inventory of homes for sale is on the rise in late September, which is very unusual for this time of year. In fact, inventory is growing faster than this time a year ago. This is a demand-driven slowdown, because new listings supply is still running 9% to 10% fewer homes for sale each week than this time last year.

Inventory 487

Inventory Contracts New Listings Mortgage 487

Housing Wire

MARCH 25, 2024

Specifically, when housing inventory is 25% greater than a year ago, the supply/demand balance is obviously very different than it has been. Housing inventory The available inventory of unsold homes continued to climb last week. Last year, inventory was still declining in March. Now it’s on the rise. A year with 5.5

New Listings 497

New Listings Inventory Contracts Sellers 497

Housing Wire

MARCH 22, 2024

Unlike many other metropolitan areas across the country , the housing market in Southwest Florida is comparably flush with for-sale inventory. “I We are seeing a healthy increase in inventory, which we really needed.” Smith attributes the uptick in inventory to a bump in new listings.

Insurance 417

Insurance Inventory Marketing Real Estate 417

Housing Wire

FEBRUARY 24, 2024

Mortgage rates were lower in late 2022 and early 2023 with a higher inflation growth rate and the Fed still hiking because the bond market anticipated a Fed pivot or a recession, neither of which happened. Weekly housing inventory data My favorite housing data line for 2024 has been seeing the increase in inventory year over year.

Mortgage 487

Mortgage Inventory New Listings Housing Market 487

Housing Wire

APRIL 29, 2024

The weekly volume of new listings is now higher than at anytime last year. The bearish take is that there are many more sellers than buyers and inventory is rising. The bearish take is that there are many more sellers than buyers and inventory is rising. Two years ago, inventory was jumping along with mortgage rates.

Sellers 492

Sellers Marketing Inventory Contracts 492

Housing Wire

NOVEMBER 20, 2023

Last week, I asserted that housing inventory growth had finished for the year. This week, the available inventory of unsold single-family homes crept up minimally. Housing inventory inches up There were 570,000 single-family homes on the market, or 0.5% Turns out I was wrong! After all, more sellers means more sales in 2024.

Inventory 446

Inventory New Listings Housing Market Sellers 446

Housing Wire

APRIL 22, 2024

We’re watching inventory , which continues to grow by 3% each week. Housing inventory When we look at the active inventory of unsold homes on the market, we can definitely see the impact of higher mortgage rates in the past month. Normally, inventory is climbing at this point in the second quarter.

Inventory 527

Inventory New Listings Sellers Contracts 527

Housing Wire

NOVEMBER 27, 2023

If you follow real estate data closely, you’ll know that inventory rose late into November. You also know that new listings are up over last year, too. Inventory (finally) peaks for the year Housing inventory was down by 0.7% Inventory hit 566,000 homes on the market, meaning there are 0.5% Short on time?

New Listings 492

New Listings Contracts Inventory Housing Market 492

Housing Wire

MAY 6, 2024

Inventory increases aren’t occurring at a super fast pace, but the number of homes on the market across the country keeps expanding. The good news for the housing market is that the pace of sales is gradually improving due to the expanded supply. Housing inventory There are now just under 600,000 single-family homes on the market.

Inventory 446

Inventory Contracts Sellers New Listings 446

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 The weekly volume of new listings is now higher than at anytime last year,” Mike Simonsen, founder and president of Altos Research, wrote on Monday.

Mortgage 417

Mortgage New Listings Inventory Sellers 417

Housing Wire

AUGUST 21, 2023

Buyers in this real estate market notice these affordability changes, and so we can see in the data fewer home purchase offers, slightly climbing unsold inventory, and slightly more price reductions for the homes that are on the market. Rising rates make more inventory. So how much inventory will we add this fall?

Inventory 370

Inventory Contracts Buyers Sellers 370

Housing Wire

OCTOBER 16, 2023

Available inventory of unsold homes rose by 1.8% The leading indicators for sales prices show that 2023 will end with home price gains of 1-2% over 2022, but the 2024 outlook is weakening and depends on your view of mortgage rates in Q1 and whether home prices will appreciate next year. Will we see inventory growth YoY by November?

Inventory 454

Inventory Contracts Sellers New Listings 454

Housing Wire

JANUARY 8, 2024

These are very clear trends as we start the new year. 2022 started insanely strong and weakened rapidly in the second quarter. Inventory is inching up. Each week, inventory is increasing just a bit relative to last year. Inventory growth is not spread across the country Inventory is climbing in the south and central US.

Real Estate 492

Real Estate Marketing Inventory New Listings 492

Housing Wire

DECEMBER 4, 2023

New listings and home sales remain low this week while available inventory of unsold homes is finally falling across the country after rising with mortgage rates late into November. It’s looking like we’ll end 2023 with higher housing inventory than this time last year. Inventory is 1.2% housing market in 2024.

Housing Market 487

Housing Market Marketing Inventory New Listings 487

Housing Wire

APRIL 13, 2024

Weekly housing inventory data Usually, I would jump for joy at last week’s inventory growth. However, last week’s numbers don’t get a passing grade: The rebound impact of Easter boosted last week’s inventory data, just like it caused the inventory data to decline in the previous week.

Inventory 487

Inventory Mortgage New Listings Retail 487

Housing Wire

OCTOBER 31, 2023

At least, that’s what the data seems to suggest as inventory grows and new listings decline at a less aggressive rate than last year. Inventory creeps up There are now 562,000 single-family homes on the housing market. Don’t be surprised if inventory keeps climbing next week into November. Don’t have time?

New Listings 497

New Listings Inventory Contracts Housing Market 497

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. Consequently, prices of new homes should follow a similar downward path, although the trajectory is the question.

Housing Market 78

Housing Market Marketing Real Estate New Listings 78

Listing Spark

MARCH 9, 2023

Episode Summary Aaron Jistel gives an update on the Texas Real Estate Market in Q1 2023 and recaps the 2022 market noting that it had been affected by a sudden increase in mortgage rates, with sales and home values declining. ” [00:05:56] 2022 Real Estate Market in Austin, Texas In 2022, transaction numbers were down 19.1%

Real Estate 28

Real Estate Marketing Sellers Home Value 28

Listing Spark

OCTOBER 13, 2022

How the housing market affects the rest of the economy How to approach the current housing market as a seller Final advice for buyers in the current housing market Are buyers pulling out of contracts at the last minute? 00:02:50] Peaking into the Fall 2022 Austin housing market. Nationally active listings are up 26.9%.

Housing Market 36

Housing Market Real Estate Marketing Buyers 36

Housing Wire

NOVEMBER 6, 2023

Inventory continues to build There are 567,000 single-family homes on the market. Housing inventory. Remember the Altos rule: If mortgage rates go up, inventory will build in 2024. If rates fall, inventory will also come down again. If rates fall, inventory will also come down again. As expected, that’s up 0.7%

Housing Market 505

Housing Market Marketing Inventory Contracts 505

Housing Wire

SEPTEMBER 7, 2023

Rising mortgage rates mean rising inventory as home buyer demand slows quickly. Most years, available inventory of unsold homes on the market peaks in August. This year inventory is still climbing. This caused inventory to rise dramatically late into October. Less demand means fewer purchases and inventory builds.

Contracts 437

Contracts Inventory Buyers New Listings 437

Birmingham Appraisal

JUNE 28, 2022

Today I’m going to look at the trend in the first six months of 2022 and compare that to the two prior years. 1) Active Listings – Active listings in both Jefferson and Shelby County have increased since February. The first is that sales could be slowing down while new listings continue to enter the market.

Real Estate 52

Real Estate Marketing Inventory Sellers 52

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 417

Mortgage Real Estate Inventory Construction 417

Housing Wire

AUGUST 14, 2023

These subtle shifts are useful to watch each week so that we’re not surprised when some monthly number in the news comes in below expectations. Inventory Available inventory of unsold single-family homes ticked up again by less than 1% again this week to 492,000. This is a seasonal inventory gain. That’s the Altos Rule.

Housing Market 370

Housing Market Inventory Marketing Buyers 370

Housing Wire

JANUARY 19, 2023

While home prices have started to inch down, more inventory is needed for a balanced housing market, the Federal Reserve Beige Book said. In other markets, including the Cleveland district, low inventory levels hindered home prices from dropping further. Rental vacancy rates, while still quite low, have risen modestly.

Inventory 417

Inventory Housing Market Marketing Construction 417

Housing Wire

AUGUST 1, 2023

All year, the strength of homebuyer demand and the tight supply of homes for sale has meant that the market pretty rapidly found a floor on the home-price correction of 2022. If you were looking at the market in the fall of 2022, you would have expected home prices to continue to fall further in 2023. That’s what I was expecting.

Inventory 370

Inventory Contracts Buyers Mortgage 370

Housing Wire

JULY 24, 2023

Pending Sales There are now 378,000 single-family homes in contract. There were 68,000 new contracts for single-family homes this week. In the chart below, the light portion of each bar represents the new contracts each week. But, there were another 15,000 condos and townhomes that went into contract this week.

Inventory 370

Inventory Contracts New Listings Buyers 370

Housing Wire

SEPTEMBER 12, 2023

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. Inventory is very low and just inching up now week over week late in the summer. Before that change, it looked as though inventory had peaked for the year.

Contracts 407

Contracts Inventory Housing Market Buyers 407

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 469

Housing Market Inventory Contracts Marketing 469

Housing Wire

JULY 17, 2023

In the fall of 2022 after mortgage rates jumped to 7.5%, I thought maybe we’d missed the soft landing call. By October 2022, it looked like 2023 would have rising inventory and falling home prices. Inventory has fallen all year. The peak of inventory for 2023 so far was the week of the New Year — that is insane.

Real Estate 369

Real Estate Marketing Inventory Contracts 369