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 501

Inventory Housing Market New Listings Buyers 501

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. They’re getting cold feet,” said Jaime Moore, a Redfin Premier real estate agent in Reno, Nevada.

Buyers 437

Buyers Mortgage New Listings Real Estate Agent 437

Housing Wire

SEPTEMBER 16, 2023

What’s going on with housing inventory ? 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.

Inventory 492

Inventory New Listings Housing Market Mortgage 492

Housing Wire

SEPTEMBER 13, 2022

But now this is a real risk. 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. The parts of the U.S.

Mortgage 524

Mortgage Inventory New Listings Sellers 524

Housing Wire

DECEMBER 21, 2022

In addition, this is the fourth straight month of inventory declining, while days on the market are growingl! From NAR : “In essence, the residential real estate market was frozen in November, resembling the sales activity seen during the COVID-19 economic lockdowns in 2020,” said NAR Chief Economist Lawrence Yun.

Inventory 522

Inventory New Listings Housing Market Sellers 522

Housing Wire

NOVEMBER 4, 2023

After mortgage rates spiked to 8% in October, causing a riot in the real estate industry, we had an epic move lower in mortgage rates last week. Six weeks ago, I talked about the new listings data and how we should have some flat to positive year-over-year prints on CNBC. Weekly inventory change (Oct.

Mortgage 486

Mortgage Inventory New Listings Real Estate 486

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. In the first week of March, for example, the share of listings with price cuts ranged 25-27.2% in 2019-2020, 16.9-17.2%

Mortgage 436

Mortgage Sellers New Listings Buyers 436

Housing Wire

SEPTEMBER 22, 2023

17, total active listings were at 806,701, down 16.2% However, new listings have stabilized, ticking up slightly since the beginning of September. 17 have been the most volatile since mortgage rates breached 6% in 2022. New listings are down 6.7% For the four weeks ending Sept. compared to a year ago.

New Listings 467

New Listings Inventory Buyers Mortgage 467

Empire Appraisal Group

AUGUST 3, 2023

NEWS & MEDIA Bilanol/Getty Images Plus Source: [link] Study: Real Estate Hot in Hurricane Ian-Hit Areas By Kerry Smith Storms rarely have a long-term effect on the local real estate market. Cape Coral-Fort Myers listings dropped for two months after Ian but rose for the six after that.

Real Estate 78

Real Estate New Listings Real Estate Agent Insurance 78

Housing Wire

SEPTEMBER 10, 2023

Last week we saw a noticeable decline in new listings and active inventory was barely positive. Does this mean housing inventory has begun its seasonal decline? Last year, we saw an active listing decline in the same week but then listing growth continued until Oct. However, one week doesn’t make a trend.

Inventory 483

Inventory New Listings Retail Mortgage 483

Housing Wire

JULY 28, 2023

New listings of starter homes dropped 23% from a year earlier in June, the biggest drop since the start of the pandemic, the report found. Meanwhile, the total number of starter homes on the market is down 15%, also the biggest drop since the start of the pandemic. asking rent is just $24 shy of the $2,053 peak hit in 2022.

Buyers 370

Buyers Housing Market Investors Real Estate 370

Empire Appraisal Group

SEPTEMBER 8, 2022

Housing Market Collapse? Housing Market Collapse? 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. Housing Market Collapse?

Housing Market 78

Housing Market Marketing Real Estate New Listings 78

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.

Real Estate 78

Real Estate Contracts Clients Real Estate Agent 78

Listing Spark

OCTOBER 13, 2022

The Texas real estate market has come crashing down. Days on the market are up, home prices are down, but it’s not all doom and gloom. Is that the case for all major Texas housing markets? What should they expect in this housing market? How to vet real estate agents as a seller.

Housing Market 36

Housing Market Real Estate Marketing Buyers 36

Housing Wire

MAY 30, 2023

below its June 2022 peak.” Low inventory , maintained by an extremely low level of new listings coming onto the market, has fueled demand amongst the few buyers who can afford to stay shopping. Relatedly, the Federal Housing Finance Agency (FHFA) recorded a 4.3% House prices were up 0.5% from February.

Mortgage 427

Mortgage Inventory Construction New Listings 427

Housing Wire

NOVEMBER 21, 2023

Compared to October 2022, existing home sales slumped 14.6%, down from 4.44 lower than October 2022 when inventory was at 1.22 months in October 2022. The median existing- home price for all housing types in October was $391,800, down from $394,300 in September but up 3.4% from October 2022’s $378,800.

Inventory 422

Inventory Realtors New Listings Contracts 422

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%.

Inventory 478

Inventory Housing Market New Listings Mortgage 478

Housing Wire

JULY 7, 2022

With a rapid spike in interest rates, inventory at historic lows, home prices rising at unprecedented levels above income, and a purchase market that is both highly anxious and digitally reliant, mortgage and real estate professionals must be strategic to capture the market opportunity today.

Inventory 417

Inventory Marketing Mortgage Supply Chain 417

Housing Wire

AUGUST 20, 2023

Last year, the seasonal decline took longer than usual, but 2022 was an abnormal year with mortgage rates. The new listing data has been trending at the lowest levels ever for over 12 months now. 9, 2022 , it’s been 21 positive prints versus 16 negative prints and one flat week. If we start from Nov.

Inventory 369

Inventory Mortgage New Listings Sellers 369

Listing Spark

JUNE 16, 2023

In this episode of Real Estate Real Fast, Aaron Jistel, the co-founder of ListingSpark and an experienced real estate broker, provides a comprehensive overview of the current state of the Texas real estate market. That’s down 18% days on market.”

Real Estate 36

Real Estate Marketing Inventory Sellers 36

Housing Wire

APRIL 3, 2023

Declining mortgage rates could have improved affordability for buyers in the housing market in February, but instead spurred a demand that, combined with a persistent lack of inventory across the U.S., In addition, 47 of 50 markets saw their active listing count decline that month. put more pressure on home prices.

Inventory 417

Inventory New Listings Housing Market Mortgage 417

Housing Wire

AUGUST 30, 2022

While the growth rate is cooling monthly, we are still in a savagely unhhealthy housing market trying to get national inventory levels back to pre-COVID-19 levels. From the index : I know it seems strange, but existing home sales are falling, and the monthly supply of new homes is at 10.9 New listings are declining now.

Inventory 397

Inventory New Listings Law Housing Market 397

Housing Wire

FEBRUARY 22, 2024

The housing market in the state of Florida saw higher median home prices, more real estate listings and a higher number of active listings during the month of January, according to data released Thursday by Florida Realtors , a state-based trade organization for real estate professionals.

New Listings 447

New Listings Realtors Real Estate Inventory 447

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. 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.

Housing Market 505

Housing Market Marketing Inventory New Listings 505

Housing Wire

FEBRUARY 7, 2024

In 2022, the Federal Reserve began taking action to combat these market forces by raising interest rates, starting the second cycle of inventory changes. 2022-2023: The high-rate environment Over two years, the Federal Reserve hiked rates 11 times for a total increase of 5.25

Inventory 436

Inventory Sellers Mortgage Marketing 436

Housing Wire

APRIL 26, 2023

The bottom for 2022 was 240,194. According to Logan Mohtashami, lead analyst at HousingWire, active and new listings fell two weeks ago based on Altos Research data. Meanwhile, the peak for 2023 so far is 472,680. The Easter holiday may have had an impact, he said. “If

Mortgage 415

Mortgage Loan Officers New Listings Government 415

Housing Wire

JANUARY 22, 2024

According to Zillow ’s annual predictions, Indianapolis will be the fourth-hottest real estate market of 2024, thanks to its solid economy, housing inventory, affordability and pent-up demand. The top three spots in the ranking were Buffalo, New York, and Cincinnati and Columbus, Ohio.

Housing Market 440

Housing Market Marketing Logistics Real Estate 440

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. overall from 53,369 to 43, 345 in 2022.

Inventory 52

Inventory Sellers Buyers Real Estate 52

Housing Wire

MARCH 29, 2024

It is nearly April, which means temperatures in the Austin metropolitan area are heating up — and so is the housing market. From 2020 until the middle of 2022, the Austin metro area was turning heads for its massive influx of homebuyers and its exponential home price growth.

Housing Market 410

Housing Market Agents Marketing Inventory 410

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. Now that we’re in 2024, the Federal Reserve ‘s rate hike cycle is over, so let’s look at what that means for housing demand and home prices. What could make home prices decline?

Housing Market 530

Housing Market Marketing New Listings Construction 530

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. Could the housing market change and slow again in 2024? Sellers have waited over the holidays and they start hitting the market right after new years. That’s certainly possible.

Real Estate 508

Real Estate Marketing Inventory New Listings 508

Housing Wire

MARCH 14, 2022

One of the biggest questions in real estate right now is how rising interest rates will impact the housing market. The market has been so hot, many worry that rising rates will finally be the catalyst to pop the bubble. Price appreciation slows, and homes take longer to sell. Inventory will inch up… but not much.

Housing Market 488

Housing Market Marketing Inventory Investors 488

Housing Wire

MARCH 1, 2024

Last year was a tough one for the Indiana real estate market. 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.”

Housing Market 447

Housing Market Marketing Inventory Construction 447

Housing Wire

MARCH 8, 2024

Real estate agents in the leafy suburbs of Bergen County, New Jersey say the current housing market — with historically low inventory and record-high prices — is actually more challenging than the multiple offer chaos they sweated through during the pandemic. “At as of March 6, 2024.

Housing Market 444

Housing Market Buyers Agents Marketing 444

Housing Wire

JULY 25, 2022

Rising interest rates and a slowing economy overall are already taking some of the air out of the rapid home-price appreciation the housing market has experience over the past year, according to the recently released Federal Reserve Beige Book for July. in 2022 but will drop to 4% in 2023. trillion in 2022 and $2.3

Housing Market 418

Housing Market Marketing Supply Chain Real Estate 418

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.

Housing Market 503

Housing Market Marketing Inventory Contracts 503

Housing Wire

JUNE 28, 2023

Roughly 80% of real estate investors surveyed are selling single-family homes at or above asking price after fully renovating the properties to make them habitable, according to a report from real estate marketplace New Western. Also, housing demand stabilized from its waterfall collapse in 2022.

Investors 375

Investors Housing Market Marketing Renovations 375