Housing Wire

FEBRUARY 9, 2022

It’s simple: inventory levels were at all-time lows in 2021 and they just got worse in 2022, don’t make it any more complicated than that. It can be stressful enough when the markets are regular, like they were from 2014-to 2019. By the summer of 2020, I started to worry about inventory levels getting dangerously low.

Inventory 370

Inventory Buyers Sellers Investors 370

Housing Wire

FEBRUARY 9, 2022

It’s simple: inventory levels were at all-time lows in 2021 and they just got worse in 2022, don’t make it any more complicated than that. It can be stressful enough when the markets are regular, like they were from 2014-to 2019. By the summer of 2020, I started to worry about inventory levels getting dangerously low.

Inventory 370

Inventory Buyers Sellers Investors 370

Housing Wire

MARCH 5, 2024

“ Recovery year ” was the theme heading into 2024 as mortgage professionals hoped for some reprieve in a frozen housing market characterized by high interest rates, low inventory levels and sluggish sales. trillion in 2025, according to forecasts from the Mortgage Bankers Association (MBA). economy remains hot.

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Loan Officers Mortgage Buyers Inventory 398

Housing Wire

NOVEMBER 1, 2023

“We believe the pay-to-play marketplace is a step backwards for consumers and the industry as a whole and we very much like our position and growth plan in a market structure the continually evolves towards our principles of access, independence and transparency,” he said. It’s a year of execution as we prepare to scale in 2024 and 2025.

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Real Estate Advertising Agents Realtors 440

Housing Wire

APRIL 6, 2023

Independent mortgage banks (IMB) and mortgage subsidiaries of chartered banks received a disappointing sales report card for 2022, which was led by a rapid rise in mortgage rates , low housing inventory and affordability challenges.

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Valuation Mortgage Inventory Business 351

Housing Wire

DECEMBER 26, 2023

Additionally, analysts believe the steep decline of the housing market over the past 18 months and the commission lawsuits may lead many low producing or more casual agents to leave the business, allowing the top performing agents, who typically have a higher commission split with their broker, to gain more market share.

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Brokerage Mortgage Agents Bracketing 427

Housing Wire

APRIL 8, 2022

Home prices are skyrocketing, housing inventory is at all-time lows and homebuyers have to contend with multiple bids. In time, markets always find balance and balance is a good thing. But, that doesn’t mean housing is going to crash. Inventory velocity. April 10, 2020: We needed a lot of inventory, fast.

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Housing Market Marketing Inventory Lending 393

Housing Wire

MARCH 18, 2024

real estate market were for inventory growth, sales growth and home-price growth across the U.S. At the time, I observed that even if mortgage rates stayed flat, the momentum seemed to be in the cards for broad, slow growth in the market. I talk frequently about how rising rates creates rising inventory.

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Inventory New Listings Sellers Contracts 408

Housing Wire

DECEMBER 3, 2020

The expected open unit increase was highlighted by several California-based Realtors, who all agreed that demand is higher than available inventory. “I Wildfire-relief funding generated by the law is not expected to be dispersed until 2025, according to the Los Angeles Times.

Property Taxes 328

Property Taxes Realtors Law Inventory 328

Housing Wire

APRIL 11, 2022

Given the current housing inventory crisis, it might surprise people to realize this: we built too many homes during the housing bubble years. But we have a housing shortage, right? One of my big calls in the previous expansion was that we wouldn’t see housing starts begin a year with 1.5 Wait, what?

Inventory 497

Inventory Housing Market Marketing Modernization 497

Will Springer Realtor

APRIL 9, 2024

Despite a challenging financing environment, the Seattle/King County housing market is moving forward. months (20 days) of available inventory. North King County, including Shoreline and Lake Forest Park, had the smallest inventory as of April 1 – 0.5 months of inventory on the Eastside and 1.0 There are 1.8

Marketing 60

Marketing Inventory Buyers Sellers 60

Housing Wire

MARCH 29, 2022

Given the current housing inventory crisis, it might surprise people to realize this: we built too many homes during the housing bubble years. But we have a housing shortage, right? One of my big calls in the previous expansion was that we wouldn’t see housing starts begin a year with 1.5 Wait, what?

Inventory 404

Inventory Housing Market Marketing Modernization 404

Will Springer Realtor

FEBRUARY 13, 2024

The Seattle/King County housing market appears to have come through the worst of times with a slightly stronger showing in January than in previous months. Total inventory remains low, however, keeping prices higher on an annual basis. months’ inventory, up from 1.4 months’ inventory (2.0 in Q1 2025 (6.3%) 5.6%

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New Listings Buyers Inventory Lending 54

Housing Wire

NOVEMBER 21, 2023

Let’s not sugarcoat it: 2023 was a bad year for the housing market. Mortgage rates eclipsed 8% at one point, inventory hit all-time lows, and home prices continued to climb. will avoid a recession, mortgage rates will fall, incomes will continue to rise and an uptick in listings will spur more housing activity.

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Inventory Housing Market Mortgage Marketing 454

Housing Wire

DECEMBER 19, 2023

The defining characteristic of the 2023 housing market has been dramatically fewer home sellers than any recent year. The inventory picture There are now 539,000 single-family homes on the market unsold, which is up 3.2% Housing inventory climbed late in the year as mortgage rates rose. We had 37.6%

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Sellers Marketing Inventory Contracts 440

Housing Wire

DECEMBER 13, 2023

The housing market cheered as the Federal Reserve signaled interest rate cuts next year after making a series of rapid rate hikes starting in 2022. in 2025, indicating four more 25 bps cuts. We don’t expect rates to fall that much in this period and it may not offset rising home prices in hot housing markets.

Inventory 457

Inventory Housing Market Mortgage Law 457

Will Springer Realtor

MAY 14, 2024

Even after a few weeks of mortgage rate jumps, the Seattle/King County housing market is displaying surprising strength. It may take four to six months to be realized,” noted Mason Virant from the University of Washington, “but higher levels of for-sale inventory should soon have an impact on stabilizing price levels.”

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Marketing Inventory Buyers Sellers 36

Cornerstone

JUNE 1, 2021

.” Yun said this in response to the high homebuyer demand and rising housing prices we’re currently seeing — which he blamed simply on a shortage of inventory. The housing market right now is actually stable and has been a helpful driver of our economic recovery. Can the market keep up its momentum?

Inventory 52

Inventory Buyers Sellers Investing 52

Will Springer Realtor

SEPTEMBER 12, 2023

There is a feeling of Halloween in the real estate world because this housing market is a bit scary these days. The market is spooking many potential buyers and sellers thanks to stubbornly high mortgage interest rates. I would call it ‘housing purgatory’ rather than housing recession,” says Marci Rossell, noted U.S.

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Finance Inventory Construction Buyers 68

Housing Wire

DECEMBER 11, 2023

The mortgage rate dip is welcome news for the housing market, but loan originators and industry executives emphasized that rates need to decline further and remain stable to reinvigorate buyers’ demand. Most LOs don’t expect traditional rate-term refinance demand to return until the second half of 2025 and into 2026.

Mortgage 450

Mortgage Buyers Inventory Technology 450

Housing Wire

SEPTEMBER 21, 2023

The housing market will remain subdued until the Federal Reserve starts cutting rates next year, according to economists and housing pros following the central bank’s Wednesday announcement to leave the benchmark rate unchanged in the target range of 5.25%-5.5%. in 2024 and 5.1% Fed officials expect interest rates to be at 5.1%

Real Estate 392

Real Estate Mortgage Buyers Inventory 392

Housing Wire

JANUARY 18, 2024

. “This transaction directly aligns with our stated strategy for growth in North America and will create a more resilient portfolio for Sekisui House,” Yoshihiro Nakai, president and CEO of Sekisui House, said in a statement. faces house inventory challenges. ” Sekisui claims it has delivered over 2.62

New Listings 340

New Listings Housing Market Inventory Sellers 340

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. 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. Now it’s on the rise.

New Listings 490

New Listings Inventory Contracts Sellers 490

Will Springer Realtor

NOVEMBER 14, 2023

Worsening affordability issues and lower-than-usual inventory have prompted many consumers to watch this housing market from the sidelines – without the picket lines. months of inventory available in the county, down from 2.0 Single-family inventory narrowed to 1.7 in 2025, according to economists.

Inventory 36

Inventory Buyers Sellers New Listings 36

Housing Wire

DECEMBER 29, 2023

After nearly two years of trudging through a frozen housing market , the consensus among mortgage professionals is that the worst of it is over. At the end of the day if mortgage rates come down, I don’t just think that’s gonna solve the inventory problem right away,” said Ben Cohen, managing director at Guaranteed Rate.

Mortgage 441

Mortgage Loan Officers Inventory Business 441

Will Springer Realtor

MARCH 11, 2024

By embracing a comprehensive understanding of the true cost of homeownership, individuals can navigate the turbulent waters of the housing market with confidence, ensuring a secure and sustainable future for themselves and their families. In the face of mounting challenges, knowledge is power. ELECTION YEAR EFFECT?

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Insurance Sellers Real Estate Buyers 36

Will Springer Realtor

MAY 13, 2024

GIMME SHELTER: AMERICA’S HOUSING PROBLEM WORSENS This country is struggling – mightily – to put enough roofs over the heads of Americans. Housing inventory nationwide flipped from oversupply to undersupply about a dozen years ago when consumers and the banking industry began to slowly rebound financially from the Great Recession.

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HOA Transportation Construction Buyers 36

Appraisal Today

JUNE 10, 2022

Hot housing market not a bubble, economists say. Excerpts: As home prices continue to break growth records, a panel of housing experts and economists surveyed by Zillow® does not believe the market is in a bubble. recession to begin in 2023, which gathered more votes than 2022 (30%), 2024 (8%) or 2025 and beyond (17%).

Appraisal 52

Appraisal Contracts Business Mortgage 52

Housing Wire

JULY 17, 2023

housing market could have a soft landing in 2023. The market was roaring — way too hot — with bidding wars, speculators and investors who thought they couldn’t lose. By October 2022, it looked like 2023 would have rising inventory and falling home prices. Inventory has fallen all year. I grew pretty bearish again.

Real Estate 310

Real Estate Marketing Inventory Contracts 310

Housing Wire

JUNE 8, 2023

trillion limit until January 2025 and cap government spending. While elevated rates and other affordability challenges remain, inventory continues to be the biggest obstacle for prospective homebuyers.” debt ceiling impasse was solved when President Joe Biden signed a bill on Saturday to suspend the $31.4 ”

Mortgage 387

Mortgage Investors Inventory Housing Market 387

Housing Wire

APRIL 29, 2024

Rising mortgage rates and a slower housing market than anticipated contributed to the weaker financial performance of the title segments of some of the nation’s largest title firms during the first quarter of 2024. As I noted previously, the housing market is bouncing on the bottom.

Insurance 370

Insurance Investors Housing Market Government 370

Will Springer Realtor

DECEMBER 13, 2022

Sellers, meantime, could put nearly any home on the market and expect a reaction of irrational exuberance from financially sound consumers submitting high-priced offers without buyer-favorable contingencies. That real estate party of unquenchable buyer demand against a backdrop of low inventory is over. in the first half of 2022.

Real Estate 36

Real Estate Buyers Construction Sellers 36

Housing Wire

AUGUST 3, 2023

So, even at the current rate of new-home construction, with demand at stellar levels, the homebuilding industry is still falling well short of the break-even point needed to actually reduce the nation’s housing deficit, assuming the experts are correct.

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Construction Development Finance Mortgage 369