Housing Wire

APRIL 26, 2023

The MBA data shows the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) at 6.55% last week, compared to 6.43% the previous week. Meanwhile, the peak for 2023 so far is 472,680. Rates for jumbo loans (greater than $726,200) rose to 6.40% from 6.28%.

Mortgage 390

Mortgage Loan Officers New Listings Government 390

Housing Wire

OCTOBER 22, 2023

Texas residents interested in becoming a real estate agent must first complete 180 hours of approved coursework to be eligible to sit the state licensure exam. We estimate that it’ll take three to six months to get up and running as a licensed real estate agent in the Lone Star State.

Real Estate 374

Real Estate Real Estate Agent Agents Brokerage 374

Housing Wire

MARCH 15, 2024

New listings ticked up by 21% in February compared to last year, according to Zillow ’s February report. New listings rose 20% from January, and each of the 50 largest U.S. metros experienced an increase in new listings. Texas and Florida saw the biggest jump in new listings, year over year.

New Listings 452

New Listings Inventory Home Value Contracts 452

Housing Wire

FEBRUARY 28, 2024

To help, I put together my best strategies for real estate social media marketing that still work in 2024, common mistakes to avoid, how to choose which platforms to focus on, and my favorite free and paid social media tools that can cut your work in half. Social media gives you the perfect opportunity to build a brand that resonates.

Real Estate 420

Real Estate Marketing Tools Contracts 420

Housing Wire

JANUARY 22, 2024

Those metrics, specifically the pace of new listings and new sales contracts, slowed this week. Our immediate sales metric of homes that get offers within a couple days of listing also slowed. New listings and new contracts both still show a bit of improvement over 2023, but the growth rates have slid back down.

Real Estate 411

Real Estate New Listings Contracts Inventory 411

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. We don’t want to see that in America, but that might be a reality in 2023. from July to a seasonally adjusted annual rate of 4.80

Inventory 446

Inventory Housing Market New Listings Mortgage 446

Housing Wire

JANUARY 8, 2024

Based on the trends we can see after the start of the year, I’ll project 2024 will see about 15% home sales growth over 2023. These are very clear trends as we start the new year. 2023 started with recovery, but slowed down in Q3 as mortgage rates hit 8%. There are now 247,000 single family homes in contract.

Real Estate 488

Real Estate Marketing Inventory New Listings 488

Housing Wire

MAY 13, 2024

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. Inventory in 2023 didn’t really accelerate until mortgage rates approached 8% in the fall. That’s actually 3% fewer new listings than last week. That’s up 1.5%

New Listings 423

New Listings Contracts Inventory Sellers 423

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. New listings volume is up, too. There were 58,000 new listings this week, with 10,000 of those homes already under contract as immediate sales.

New Listings 486

New Listings Contracts Inventory Housing Market 486

Housing Wire

NOVEMBER 16, 2023

New findings from the National Association of Realtors (NAR) show a fresh picture of who’s buying and selling homes, with more first-time buyers entering the market and families looking for homes that fit multiple generations. For real estate professionals, the changing landscape is a call to action.

Real Estate 383

Real Estate Marketing Real Estate Agent Tools 383

Housing Wire

MARCH 25, 2024

New listings Each week this spring we’ve been tracking the new listings volume. Last week we saw just over 60,000 new listings added to the inventory with another 17,000 new listings / immediate sales. In total, new listings data is 14% more than last year. A year with 5.5

New Listings 489

New Listings Inventory Contracts Sellers 489

Housing Wire

APRIL 29, 2024

The weekly volume of new listings is now higher than at anytime last year. In addition to a higher number of new listings, there were also more new contracts started this week than in any week in 2023. That’s much more than at any point of 2023. That’s more than in any week for all of 2023.

Sellers 477

Sellers Marketing Inventory Contracts 477

Housing Wire

MARCH 22, 2024

“I think one of the major trends we are seeing is that our overall inventory is up 60% year over year compared to 2023,” said PJ Smith, president of the Naples Area Board of Realtors and the broker-owner of Naples Golf to Gulf Real Estate. “We Smith attributes the uptick in inventory to a bump in new listings.

Insurance 385

Insurance Inventory Marketing Real Estate 385

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. We want new listings volume to show growth.

Housing Market 483

Housing Market Marketing Inventory New Listings 483

Housing Wire

JULY 17, 2023

housing market could have a soft landing in 2023. By October 2022, it looked like 2023 would have rising inventory and falling home prices. The peak of inventory for 2023 so far was the week of the New Year — that is insane. Last year if you listed your home in July, you priced at a discount because there were no buyers.

Real Estate 307

Real Estate Marketing Inventory Contracts 307

Listing Spark

SEPTEMBER 25, 2023

It’s been a wild ride for Texas real estate this year! Navigating Texas Real Estate with Rising Interest Rates We’re heading into Q4 of a tough year for the real estate market. Here are five of the biggest change in the Texas Real Estate market.

Real Estate 69

Real Estate Sellers New Listings Inventory 69

Housing Wire

MARCH 11, 2024

The suspicion was that there were a bunch of sellers who were waiting to sell: Once rates fell these sellers would come rushing back to this real estate market and we’d finally see inventory grow. There were 59,000 new listings unsold this week. That’s 15% growth over the pace of 2023. Last week, 30.5%

Inventory 502

Inventory New Listings Sellers Real Estate 502

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 370

Mortgage Real Estate Inventory Construction 370

Housing Wire

APRIL 22, 2024

New listings Growing inventory is not just about slowing demand. At 69,000 new listings unsold today, that’s 3% more than a week ago and 14% more than this time last year. In fact, there are more new sellers this week than in any week of 2023. There are now 385,000 single-family homes under contract.

Inventory 496

Inventory New Listings Sellers Contracts 496

Housing Wire

JANUARY 16, 2024

real estate housing market signals have been gradually building for a couple of months. Home sellers are starting to ease back into the market, new listings are finally exceeding the levels of a year ago. The market had about 49,000 new listings this week. 9,000 of those are already in contract.

Inventory 436

Inventory New Listings Sellers Contracts 436

Housing Wire

FEBRUARY 20, 2024

Even as money is more expensive and there are more sellers than a year ago, we can also see slight home sales growth over 2023. Dramatically few home sales was the story of 2023. New listings rise New listings continue to show us that more sellers are interested in this market this year.

Mortgage 492

Mortgage Inventory Sellers New Listings 492

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. Anthony explains this welcome trajectory in his predictions for 2023.

Inventory 53

Inventory Sellers Buyers Real Estate 53

Housing Wire

SEPTEMBER 26, 2023

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. We’re seeing fewer new sellers each week, but inventory is building as homebuyers wait to see if mortgage rates will come down to make purchases more affordable. from last week.

Inventory 483

Inventory Contracts New Listings Mortgage 483

Housing Wire

MARCH 18, 2024

real estate market were for inventory growth, sales growth and home-price growth across the U.S. New listings Last week, 59,000 new single-family listings came to market. New listings volume continues to run ahead of last year and we see more sellers than last year. They climbed starting Jan.

Inventory 406

Inventory New Listings Sellers Contracts 406

Housing Wire

NOVEMBER 20, 2023

More new listings could help boost sales We saw 58,000 new listings added to the housing inventory this week, with 9,000 of those already under contract. That’s more new sellers this year than the same week a year ago, signaling a tiny improvement in our supply-starved housing market. What does that mean?

Inventory 415

Inventory New Listings Housing Market Sellers 415

Housing Wire

FEBRUARY 26, 2024

Each week, there are more new listings than a year ago, allowing inventory to build and eventually leading to more home sales this year than last. Last week showed good growth in sales over 2023, and I mentioned that it might be fleeting. And sure enough the number of new contracts started this week dipped.

Sellers 418

Sellers Inventory New Listings Contracts 418

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. New listings decline isn’t as steep as a year ago There were only 53,000 new listings (single-family homes) unsold this week, plus 10,000 more new listings that are already in contract.

New Listings 482

New Listings Inventory Contracts Housing Market 482

Housing Wire

AUGUST 7, 2023

Then, Altos will be on watch to see if another boost in mortgage rates — like last September — derails the real estate market again. Compare that to this year’s curve and you can see how we’ll end 2023 with probably 20% fewer homes on the market than there were in 2022. Suddenly new listings volume dropped each week.

Inventory 306

Inventory New Listings Contracts Buyers 306

Lamacchia Realty

JANUARY 25, 2024

2023 was a notable year in real estate history, but if we had to put our finger on what stood out, it was how the number of homes listed was the lowest in over two decades. 2023 Real Estate Performance Highlights The number of homes sold decreased by 21.7% Sales Decline by 21.7%

Inventory 70

Inventory Sellers Contracts Buyers 70

Housing Wire

NOVEMBER 6, 2023

held up in 2023, sales volume in the housing market cratered. Additionally, there are 62,000 new listings this week, with 9,000 of those already under contract. Transaction volume no longer decreasing YoY Pending contracts saw fewer sales compared to last year until October. While home prices in the U.S.

Housing Market 491

Housing Market Marketing Inventory Contracts 491

Lamacchia Realty

JANUARY 25, 2024

In 2023, the Rhode Island real estate landscape underwent significant changes. A standout element was the unprecedented low number of homes listed ; a trend not observed in over two decades. Additionally, it provides predictions for what is anticipated to unfold in real estate in 2024. Sales Decline by 23.2%

Inventory 57

Inventory Sellers Buyers Real Estate 57

Housing Wire

OCTOBER 16, 2023

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. There were only 57,000 new listings plus another 10,000 immediate sales.

Inventory 445

Inventory Contracts Sellers New Listings 445

Lamacchia Realty

JANUARY 30, 2024

2023 marked a significant chapter in real estate history, on the state level in Maine as well as nationally. If we were to pinpoint the standout factor, it would be the remarkably low number of homes listed, the lowest in over two decades. Furthermore, it delves into predictions for the real estate landscape in 2024.

Inventory 54

Inventory Sellers Buyers Contracts 54

Housing Wire

SEPTEMBER 7, 2023

Supply of homes on the market does not appear to have reached the peak for 2023. There are only 358,000 single family homes in contract pending now. For a while this year it seemed like home sales would finish 2023 with more than 2022, and that hasn’t materialized. The light portion of the bar are the new contracts that week.

Contracts 419

Contracts Inventory Buyers New Listings 419

Listing Spark

FEBRUARY 7, 2024

As we enter into 2024, we are stepping out of one of the most turbulent years for real estate in Texas in some time. In this article, we will recap what exactly happened to the real estate market in Texas last year and discuss some predictions for the rest of this year. Some markets were affected more than others.

Real Estate 36

Real Estate Sellers Home Value Inventory 36

Listing Spark

JANUARY 22, 2024

In the first quarter of 2023 alone, real estate investors flipped 72,960 homes. In the real estate investment market overall, activity remains high and profitable—even reaching measurably above pre-pandemic levels. For both new and experienced real estate investors, this bodes well for the 2024 market.

Real Estate 36

Real Estate Tools Investors Investing 36

Housing Wire

AUGUST 1, 2023

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. After the mortgage rate spike in September 2022, we got significantly more bearish on home prices for 2023. The median price of the new listings this week is $399,900. is $450,000.

Inventory 358

Inventory Contracts Buyers Mortgage 358