Housing Wire

SEPTEMBER 22, 2022

With the home-price growth we had in 2020 and 2021, my five-year price-growth model that I set for 2020-2024 of 23% was already smashed in just two years. 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.

Inventory 454

Inventory Housing Market New Listings Mortgage 454

Housing Wire

NOVEMBER 27, 2023

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. A few more sellers appear to be braving the market each week. Short on time?

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New Listings Contracts Inventory Housing Market 493

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 in 2024.

Housing Market 491

Housing Market Marketing Inventory New Listings 491

Housing Wire

FEBRUARY 26, 2024

We still see more sellers than last year. 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. New pendings We’ve been sharing how the sales rate has been trying to expand for 2024. That’s up from 30% last week.

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Sellers Inventory New Listings Contracts 424

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. But, 2024 is starting stronger than last year. Could the housing market change and slow again in 2024? That’s certainly possible.

Real Estate 495

Real Estate Marketing Inventory New Listings 495

Housing Wire

MAY 13, 2024

Pacific time, Altos Research holds its monthly webinar, where we dive deep on all of the local data trends and the leading indicators for what will happen in the remainder of 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.

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New Listings Contracts Inventory Sellers 261

Housing Wire

MAY 6, 2024

On May 16, Altos Research is hosting its monthly webinar, where we dive deep on all of the local data trends, as well as the leading indicators for what should happen the rest of 2024. housing market as we roll into May 2024. New listings There were 71,000 new, unsold listings of single-family homes across the country this week.

Inventory 419

Inventory Contracts Sellers New Listings 419

Housing Wire

APRIL 1, 2024

At the same time, seller volume dried up. But now sellers are coming back into the market. New listing volume last week was 18% more than a year ago. All of these signals point to rising home sales in 2024. Pending sales Last week saw 69,000 new contracts for single-family home purchases across the country.

Inventory 466

Inventory New Listings Contracts Sellers 466

Housing Wire

APRIL 22, 2024

We’re rapidly approaching the peak of the market in terms of seller listings, and as inventory builds, the sales rate will peak by the end of June. New listings Growing inventory is not just about slowing demand. We are also consistently measuring more sellers coming back into the market. Now we’re at 69,000.

Inventory 495

Inventory New Listings Sellers Contracts 495

Housing Wire

MARCH 25, 2024

So while we can see currently the prices of home sales holding up, the signals for the end of 2024 and into 2025 seem to suggest we’re heading for flat home prices. More sellers means more sales will happen. New listings Each week this spring we’ve been tracking the new listings volume. A year with 5.5

New Listings 494

New Listings Inventory Contracts Sellers 494

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. The only way inventory would grow in 2024 is if mortgage rates climbed. There were 59,000 new listings unsold this week.

Inventory 507

Inventory New Listings Sellers Real Estate 507

Housing Wire

APRIL 8, 2024

With the Easter holiday last week, data for housing inventory , new listings and the pace of new contracts started all took a breather from their growth pace. Here’s how 2024 is shaping up: There are now more listings, more active inventory and more sales than a year ago. That’s down 8.5%

Inventory 462

Inventory Contracts New Listings Sellers 462

Housing Wire

APRIL 15, 2024

economy continues to be powerfully strong and with each new economic data release, it seems less likely that we’ll see the Federal Reserve cut short-term interest rates any time soon. How will homebuyers and sellers react and how quickly can we measure it? That’s 32% more new listings last week than the same week a year ago.

Inventory 399

Inventory Mortgage New Listings Sellers 399

Housing Wire

MARCH 18, 2024

As we started 2024, the signals in the U.S. Rates are off their recent peak of a couple weeks ago, but the latest economic news is still very strong, and the markets are growing less sanguine about interest rates easing significantly soon. Last year, the most common view was that mortgage rates would fall in 2024.

Inventory 410

Inventory New Listings Sellers Contracts 410

Housing Wire

FEBRUARY 28, 2024

If you’re struggling to market your business on social media, or worse, haven’t even started yet, you might be in for a rude awakening in 2024. PRO TIP: If you want scroll-stopping hooks and educational content like this without the writer’s block, check out the marketing company who wrote it: Coffee & Contracts.

Real Estate 425

Real Estate Marketing Tools Sellers 425

Listing Spark

MARCH 9, 2023

There were 10 consecutive months of declining sales and many sellers had to recalibrate their expectations in order to get their homes sold. It’s still technically a seller’s market, but it doesn’t feel that way when we have a 4.5x Closed sales in January were down 27% and new listings were up 16%.

Real Estate 28

Real Estate Marketing Sellers Home Value 28

Housing Wire

NOVEMBER 20, 2023

It looks like this is evidence that housing markets are returning to normal rather than a case of sellers panicking, but it’s worth keeping an eye on. After all, more sellers means more sales in 2024. We started 2023 with 30% fewer homes under contract than in 2022, however, that gap has narrowed to just 3% now.

Inventory 420

Inventory New Listings Housing Market Sellers 420

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.

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New Listings Inventory Contracts Housing Market 486

Housing Wire

JANUARY 16, 2024

Home sellers are starting to ease back into the market, new listings are finally exceeding the levels of a year ago. The number of homes for sale and the number that are being sold are both climbing into 2024 over last year. Slightly more sellers Inventory is building now because we have slightly more sellers each week.

Inventory 442

Inventory New Listings Sellers Contracts 442

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. New listings rise New listings continue to show us that more sellers are interested in this market this year. Is new supply growing out of balance with demand?

Mortgage 497

Mortgage Inventory Sellers New Listings 497

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. Note the inventory climb is not from sellers. 5% fewer sellers each week than last year.

Inventory 452

Inventory Contracts Sellers New Listings 452

Housing Wire

NOVEMBER 6, 2023

Remember the Altos rule: If mortgage rates go up, inventory will build in 2024. 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. Housing inventory.

Housing Market 494

Housing Market Marketing Inventory Contracts 494

Housing Wire

OCTOBER 10, 2023

If rates stay at 8% or higher, expect to see inventory rise in 2024. Fewer sellers see the upside of listing now New listings volume each week remains very low, and there are very few sellers who want or need to sell into this market. And there is certainly no flood of sellers. That’s shockingly few.

Mortgage 419

Mortgage Inventory Contracts Sellers 419

Housing Wire

MARCH 22, 2024

In the nearby metro area of Cape Coral-Fort Myers , active single-family inventory over the previous 90 days averaged 6,500 listings as of March 15, above its March 2020 level of 5,044 listings and approaching its March 2019 level of 7,243 listings. Smith attributes the uptick in inventory to a bump in new listings.

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Insurance Inventory Marketing Real Estate 389

Housing Wire

JANUARY 19, 2024

Today, we need context for the growth we’ll see in existing home sales in 2024. Our housing market tracker counts weekly active single-family listings, those homes that aren’t in the contract, and the raw available number of homes for sale. This is a positive for housing in 2024 as most sellers are buyers.

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Housing Market Inventory Contracts Marketing 433

Housing Wire

SEPTEMBER 12, 2023

Supply of homes for sale is very low, and most of the year we’ve had more buyers than sellers. 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. The light portion of the bar are the new contracts that week.

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Contracts Inventory Housing Market Buyers 386

Housing Wire

NOVEMBER 16, 2023

Use this tool: Coffee & Contracts Coffee & Contracts is like a membership-based social media toolkit for real estate agents. Use this tool: Zillow Zillow is not just a platform for property listings; it’s also a fantastic lead generation tool. Canva is perfect for everything from new listings to brand promotion.

Real Estate 386

Real Estate Marketing Real Estate Agent Tools 386

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. On the heels of the largest run up in home values in recorded history, we saw an abrupt and heavy shift that’s been challenging to grapple with for sellers and buyers. The only problem, nobody wanted a 7.5%

Real Estate 36

Real Estate Sellers Home Value Inventory 36

Will Springer Realtor

DECEMBER 19, 2023

The region’s real estate scene in 2023 will be remembered for rising home prices and scant new listings. Buyers and sellers tiptoed through caution. As the year dims, all eyes fixate on 2024’s potential: a hopeful dance fueled by dreams of lower rates and a wave of new homes for sale. by December 2024.

Real Estate 68

Real Estate Buyers Sellers Inventory 68

Housing Wire

SEPTEMBER 19, 2023

It’s not unusual for a little jump in new listings in September. It shows obvious slowing demand, but is also a reflection of the fact that most of the year we had more buyers than sellers of residential real estate. It’s more than I expected a few weeks ago, but there’s still not a lot of new supply. What’s happening?

Housing Market 429

Housing Market Marketing Inventory New Listings 429

Lamacchia Realty

JANUARY 25, 2024

This report breaks down sales, average prices, the number of active listings, and how many listings went under contract for 2023 compared to 2022 and discusses what is predicted to unfold in 2024. Lowest number of homes listed in recorded history, decreased by 18.7% Will the 2024 Real Estate Market Improve?

Inventory 69

Inventory Sellers Contracts Buyers 69

Housing Wire

FEBRUARY 9, 2024

Our comprehensive guide to the best real estate marketing tools provides you with a helpful assortment of easy-to-use, effective marketing products to turn your business into a revenue engine in 2024. It gives you a “first mover advantage”, providing robust follow-up tools that help you nurture potential seller clients with ease.

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Tools Real Estate Marketing Real Estate Agent 434

Housing Wire

AUGUST 1, 2023

So today we’ll look at the current price trends and the leading indicators to see if we can make some sense of where that comes from and what we can see already for 2024. The median price of the new listings this week is $399,900. The median price of the homes in contract is $385,000. Maybe we’ll pass it in 2024.

Inventory 355

Inventory Contracts Buyers Mortgage 355

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 305

Inventory Contracts New Listings Buyers 305

Lamacchia Realty

JANUARY 25, 2024

As interest rates sought to stabilize following their sharp decline in 2020, both buyers and sellers had to acknowledge the end of the era of historically low pandemic-induced rates, and the beginning of higher monthly mortgage payments. Additionally, it provides predictions for what is anticipated to unfold in real estate in 2024.

Inventory 56

Inventory Sellers Buyers Real Estate 56

Lamacchia Realty

JANUARY 30, 2024

This report analyzes the sales figures, average prices, the number of active listings, and listings under contract for both 2023 and 2022. Furthermore, it delves into predictions for the real estate landscape in 2024. Furthermore, it delves into predictions for the real estate landscape in 2024.

Inventory 53

Inventory Sellers Buyers Contracts 53

Lamacchia Realty

JANUARY 25, 2024

This report breaks down state-wide sales (previous years mostly covered Southern NH and the Lakes Region ), average prices, the number of active listings, and how many listings went under contract for 2023 compared to 2022, and discusses what is predicted to unfold in 2024. Sales in New Hampshire declined by 18.9%

Inventory 51

Inventory Sellers Buyers Contracts 51