Housing Wire

APRIL 23, 2023

Can we now say that the housing market ‘s spring selling season is finally underway? Here’s a quick rundown of the last week: Active listings rose by 8,546 , and new listing data showed some growth. In 2007, when sales were down big, total active listings peaked at over 4 million.

Inventory 545

Inventory Housing Market Marketing New Listings 545

Housing Wire

MAY 7, 2023

Just when I thought it was safe to say we were getting more traditional spring housing inventory , we hit a snag last week, as active inventory and new listings declined. New listing data was trending at all-time lows in 2021 abd 2022 and now it’s creating a new all-time low trend in 2023.

Inventory 491

Inventory Housing Market Marketing New Listings 491

Housing Wire

APRIL 30, 2023

The spring housing market music is playing, and purchase application data and active listing inventory rose together last week. Here’s a quick rundown of the last week: Active listing rose 8,260 week to week, down a bit from last week’s gain, but I’m not complaining — anything on the plus side is positive.

Inventory 520

Inventory Housing Market Marketing New Listings 520

Housing Wire

JULY 9, 2023

This is truly a savagely unhealthy housing market as we have too many people chasing too few homes. The weekly active listing data had a rare week-to-week decline. As we can see in the chart below, it’s been so slow that year-over-year inventory is now negative versus 2022. The 10-year yield is close to yearly highs as the U.S.

Inventory 485

Inventory Housing Market Marketing New Listings 485

Inman

JUNE 29, 2023

The number of new listings coming onto the market has plunged since June 2022, according to data released Thursday by Redfin. Transaction levels remain low even as home prices creep higher.

New Listings 164

New Listings Marketing Inventory Housing Market 164

Housing Wire

DECEMBER 30, 2023

Going into 2023, people thought housing inventory would skyrocket, home prices would crash, and we would see the housing market of 2008 all over again. We created this weekly tracker at the end of 2022 to give people a live weekly outlook on everything that drives the housing market and which factors to follow.

Inventory 515

Inventory New Listings Housing Market Mortgage 515

Housing Wire

JUNE 11, 2023

It’s not like we are using a high bar for comps; 2022 had the lowest inventory ever recorded, and we still have a good shot of showing some negative year-over-year inventory prints soon. inventory saga: after mortgage rates spiked above 6% in 2022, that jump-started the unhealthy reality of new listing data trending negative year over year.

Inventory 517

Inventory Housing Market Marketing New Listings 517

Housing Wire

MAY 21, 2023

It was a wild ride for the housing market last week! New listings data fell, however, active inventory grew. Here’s a quick rundown of the last week: Total active listings grew by 3,809 weekly, but new listings are still trending at all-time lows. Purchase application data fell 4.8% From the St.

Housing Market 500

Housing Market Marketing Inventory New Listings 500

Housing Wire

MARCH 23, 2024

As we can see in the chart below, the 10-year yield and mortgage rates have made a massive move higher since 2022. However, whenever the 10-year yield falls with duration, as we saw toward the end of 2022 and into 2023, it sends mortgage rates lower, and we can grow sales from these record-low levels.

Mortgage 515

Mortgage Inventory New Listings Housing Market 515

Housing Wire

JULY 30, 2023

Last week inventory growth dropped and new listing data declined again. Two weeks ago we had some good movement with active listings growing almost 9,000 , but last week that fell to just 4,988, and new listings data also fell. Instead, new listings data had a small decline last week.

Housing Market 370

Housing Market Marketing Inventory New Listings 370

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

JUNE 25, 2023

However, the real positive story here is that even with new listing data trending at an all-time low, we are getting the growth in active listings we traditionally see in the spring and summer. In addition, new listing data turned negative year over year after the second half of 2022.

Inventory 410

Inventory Housing Market Marketing New Listings 410

Housing Wire

APRIL 6, 2024

Weekly housing inventory data — both active inventory and new listings — are prone to one-week moves that deviate from a trend, especially if people are going Easter egg hunting. So, the fact that active inventory and new listings data fell last week isn’t a big deal. 2022: 17.6%

Inventory 473

Inventory New Listings Mortgage Housing Market 473

Appraisal Buzz

JANUARY 4, 2022

Zillow predicts that the housing market will cool in 2022, but a number of hotspots have roared to life over the past two years show no signs of slowing. The post Florida Markets Expected to Remain Hot in 2022 appeared first on Appraisal Buzz.

Marketing 195

Marketing New Listings Home Value Inventory 195

Housing Wire

MARCH 30, 2024

The best housing story in 2024 is that inventory is growing — both active inventory and new listings. Still, new listing data is a positive story. 2022: 17.2% However, the markets were closed Friday, so we have to wait and see how trading goes on Monday.

Inventory 485

Inventory New Listings Mortgage Housing Market 485

Housing Wire

MARCH 26, 2023

The financial and housing markets are still trying to sort out the banking crisis and whether we have seen the last Fed rate hike in this cycle. Active inventory fell 1,109, and new listing data made a lovely comeback week to week but was still noticeably down year over year. In a regular market, they would be closer to 5.25%.

Inventory 450

Inventory Housing Market Marketing Mortgage 450

Housing Wire

MARCH 6, 2023

The housing market faced some serious obstacles last week as the 10-year yield broke over 4%, mortgage rates rose to over 7%, purchase apps fell again and we are still trying to find the elusive seasonal bottom for housing inventory. 9, 2022, until February and we can see how that is playing out in home sales. 1 song of the year.

Inventory 504

Inventory Housing Market Marketing New Listings 504

Housing Wire

APRIL 20, 2024

Of course, what is different this year versus last year is that new listing data is growing yearly instead of trending at the lowest levels recorded in history. Last year, when mortgage rates headed toward 8% , we saw no negative hit to the latest listings data, meaning it didn’t take a new leg lower. 2022: 18.7%

Inventory 504

Inventory New Listings Mortgage Finance 504

Housing Wire

FEBRUARY 6, 2023

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. The show-me part of the housing market starts with this bounce from an extreme bottom. 9, 2022, it fits into the 30-90 day forward-looking sales data line.

Inventory 466

Inventory Housing Market Marketing New Listings 466

Housing Wire

APRIL 3, 2023

Last week was relatively calm for the housing market after the fiasco of the banking crisis. Active inventory fell by 3,141, and new listing data fell again and is still trending at all-time lows. The banking crisis has stressed the mortgage backed securities market , pushing rates higher than usual.

Inventory 491

Inventory Housing Market Marketing New Listings 491

Housing Wire

JANUARY 23, 2023

Here’s the housing market rundown for the last week: Purchase application data had a solid week-to-week gain of 25%. Mortgage rates fell, but the bond market didn’t break what I see as a critical level, so for now, stabilization is more important. Last week’s housing market data provided mixed news.

Housing Market 508

Housing Market Marketing Inventory New Listings 508

Housing Wire

JULY 23, 2023

The slow rise of housing inventory this year has made the existing home sales market savagely unhealthy again. However, last year was very abnormal: We had the biggest one-year sales crash ever, working from the lowest active listings data in March 2022. economy, but for 2023 I put more weight into the labor market data.

Inventory 370

Inventory Housing Market Marketing New Listings 370

Housing Wire

SEPTEMBER 20, 2021

Limited inventory, supply chain disruptions and concerns about inflation have led economists at Fannie Mae to lower their mortgage origination forecasts for the remainder of this year and into 2022. It also downsized its 2022 mortgage origination volume forecast by $55 billion to $3.25 trillion from the $4.36 growth projection.

Supply Chain 421

Supply Chain Inventory Government New Listings 421

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. 31, 2021-Jan.

Inventory 541

Inventory Housing Market Marketing New Listings 541

Housing Wire

FEBRUARY 17, 2024

We are approaching a critical technical level on the 10-year yield that can cause market drama for mortgage rates. However, the 10-year yield above 4.34% is not part of the 2024 forecast, and if that happens, look again for Fed members to try to talk the bond market down again if this escalates to a 5% 10-year yield and 8% mortgage rates.

Mortgage 535

Mortgage Inventory New Listings Housing Market 535

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. In a typical marketplace, the days on market are more than 30 days.

Housing Market 450

Housing Market Marketing Inventory New Listings 450

Housing Wire

MARCH 2, 2024

Let’s take a look at the inventory data this year to test this premise, since for many months it has been a working theory of mine that new listings data behavior last year marked a bottom and even going into 2024 we should see more sellers. You can see our debate on this topic here.

Inventory 534

Inventory Mortgage New Listings Housing Market 534

Housing Wire

JULY 16, 2023

The labor market remains healthy as long as jobless claims trend below 323,000 on the four-week moving average. In a normal market, mortgage rates would easily be under 6% with the 10-year yield where it is. Weekly housing inventory We had mild inventory growth last week and new listing data is trending at the lowest levels ever.

Housing Market 370

Housing Market Marketing Inventory New Listings 370

Housing Wire

SEPTEMBER 16, 2023

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. What’s going on with housing inventory ?

Inventory 491

Inventory New Listings Housing Market Mortgage 491

Housing Wire

JULY 29, 2022

A few months ago, the United States housing market failed Econ 101. metropolitan areas in February 2022, based on year-over-year growth in median listing price according to the residential real estate listing website, Realtor.com. The table also reports the year-over-year percent change in new listings for each market.

Housing Market 410

Housing Market Sellers Marketing New Listings 410

Housing Wire

JANUARY 6, 2024

Traditionally, one third of all homes get a price cut before they sell and when demand gets weaker, this percentage increases, which we saw in 2022 when prices were falling in the second half of the year. Now that mortgage rates have fallen and as we start the brand new year, we need to focus on this data line more.

Inventory 542

Inventory New Listings Housing Market Mortgage 542

Housing Wire

SEPTEMBER 22, 2023

17, according to a new report from Redfin. This is pushing many prospective homebuyers to the sidelines until the market becomes healthier. 17, total active listings were at 806,701, down 16.2% However, new listings have stabilized, ticking up slightly since the beginning of September. New listings are down 6.7%

New Listings 458

New Listings Inventory Buyers Mortgage 458

Housing Wire

JANUARY 20, 2024

Housing inventory, new listing data and mortgage rates are all rising, but the price cut data percentages are falling. New listings data While new listings data isn’t growing in significant terms year over year — sorry, silver tsunami crowd — it is showing growth year over year. So far, so good in 2024.

Inventory 541

Inventory Mortgage New Listings Sellers 541

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 384

Inventory Housing Market Realtors Buyers 384

Housing Wire

DECEMBER 9, 2023

The most underreported housing story I’ve seen this year is that even with mortgage rates rising to 8%, the number of homes that took price cuts before they sold was 4% below 2022 levels. 2022 was a historic year for housing as we had the most significant home sales crash ever, and mortgage rates went from 3% to 7% in the same year.

Mortgage 533

Mortgage Inventory New Listings Sellers 533

Housing Wire

FEBRUARY 4, 2024

I am a very pro-housing supply person and will feel much better about the housing market when we return to pre-COVID-19 levels for total active listings. New listings were trending at the lowest levels ever in 2023, but that should not be the case in 2024. It’s not a lot, but anything is positive, which I will take.

Inventory 517

Inventory Mortgage New Listings Housing Market 517

Housing Wire

MARCH 12, 2023

Last week was wild, and not just for the housing market. Weekly inventory fell by 6201 , and new listing data is down noticeably from last year, which was different than last week. This assumes the spreads are wide as the mortgage back securities market is still very stressed. Already, the future pricing of a.50%

Housing Market 370

Housing Market Mortgage Marketing Inventory 370