Housing Wire

DECEMBER 11, 2023

Most LOs don’t expect traditional rate-term refinance demand to return until the second half of 2025 and into 2026. And for originations business to pick up, a stability of low rates as well as a supply in inventory would have to work in tandem. “I Meanwhile, it will be a long time before the industry sees a traditional refi boom.

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Housing Wire

APRIL 27, 2022

I believe the homeownership rate can get back to 66.21% at some point in the years 2022-2026.”. The one considerable risk for housing in the years 2020-2024 is that if demand picks up as it has, inventory breaks down to unhealthy levels. The lowest rate we have seen so far is 62.9%. These were the reasons I gave back then: 1.

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Housing Wire

AUGUST 16, 2023

His prediction is that 2025 and 2026 “will be off the charts.” The ultra-low mortgage rates from 2020 to 2022 undoubtedly removed inventory from the board for probably the better part of the decade. Goldman Sachs economists predict that the cut will come by the end of June 2024.

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Will Springer Realtor

JANUARY 9, 2024

There is little doubt the inventory shortage will continue through 2024 – as mortgage rates remain too high for many consumers – and that means great pressure to push prices higher. Inventory fell in terms of months of supply across the county. months’ inventory was available as of Jan. Inventory stood at 2.0 in November.

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Appraisal Today

FEBRUARY 2, 2024

To see the timeline (from 2018 to 2026) PDF, Click Here Too large to include in this newsletter. For residential appraisers, it remains imperative to remember that even as the market shows initial signs of correcting, inventory still sits at extremely supply-constrained levels from a historical context.

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Will Springer Realtor

OCTOBER 8, 2021

Estimated opening is 2026. The combination of buyers leaving the market, which brings down demand, and the slow but steady increase in new listings has beefed up inventory slightly month-to-month. Inventories improved fractionally. months of inventory across all homes in King County, up from 0.6 There is now 0.7

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Will Springer Realtor

APRIL 11, 2022

This year’s buying and selling campaign will be marked by increasing inventory (good!), The thought that early spring would produce more, longer-lasting inventory has yet to materialize. Inventories for condos were little changed from month to month, standing at 0.6 overall, where housing inventory rose 2.4%

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Will Springer Realtor

JUNE 8, 2022

The multi-pronged effort includes legislative and administrative actions to increase the number of affordable units and overall inventory. Even though we’re seeing inventory grow, it remains quite low,” notes Danielle Hale, chief economist at realtor.com. months, Pierce at 0.8 and Snohomish at 0.6.

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