Housing Wire

AUGUST 18, 2021

If you ignore that big move in the second half of 2020, you can see that we currently do not have a credit boom, but rather solid demand from replacement buyers. Your HW+ Membership includes: Unlimited access to HW+ articles and analysis. The post Why aren’t builders creating more housing inventory? Become a member today.

Inventory 515

Inventory Buyers Business Mortgage 515

Housing Wire

MARCH 26, 2023

These events led to lower mortgage rates and increased purchase application data last week, but decreased housing inventory. 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%.

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Inventory Housing Market Marketing Mortgage 435

Housing Wire

MAY 26, 2022

It’s an excellent time to discuss housing inventory. How can housing inventory be so low today when it skyrocketed back in 2009? As you can see below, the inventory keeps falling from 2014 levels, and even with the weakness in demand this year, we are nowhere close to 2013 levels, let alone 2018 levels. What is going on here?

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Inventory Housing Market Construction Marketing 493

Appraisal Buzz

JULY 6, 2021

In an article posted on UI’s Urban Wire blog, Janneke Ratcliffe and Laurie Goodman write that, while soaring home prices and historically low inventories of available homes have been good for sellers, many of them are unwilling to accept offers backed by FHA or VA financing.

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Sellers Buyers Government Inventory 370

Cleveland Appraisal Blog

MAY 9, 2024

According to the article below, “Nearly 70% of adults reported reduced stress and anxiety after playing pickleball, and 64% called the sport “uplifting,” according to a report by Carewell. There is still strong buyer demand. Yet another sign of high buyer demand. Inventory levels are also increasing.

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Inventory Appraisal Real Property Property Appraisal 344

Housing Wire

APRIL 18, 2024

Existing home sales fell in today’s report , which isn’t surprising, but one headline that shocked some people was that home prices are still up year over year, even with higher inventory and higher mortgage rates. Of course this isn’t the healthiest housing inventory story. from the previous year ($375,300). All four U.S.

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Inventory Housing Market New Listings Buyers 473

Housing Wire

SEPTEMBER 23, 2022

A recent article, “Stop subsidizing Wall Street buying up homes,” perpetuates an uninformed stereotype of single-family rental home companies while revealing a serious neglect for the important contributions industry firms bring to today’s housing market. of the nation’s total housing inventory.

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Inventory Housing Market Investors Investing 321

Housing Wire

MAY 29, 2024

Details of the latest membership count comes as the trade group works to implement a series of major rule changes stipulated by the Sitzer/Burnett commission lawsuit settlement agreement, as well as fewer market opportunities for members due to historically low levels of existing-home sales inventory.

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Realtors Agents Inventory Modernization 302

Housing Wire

DECEMBER 9, 2023

Weekly housing inventory data We will start with the price cut data percentage because it deserves a detailed explanation. Now lets take a look at the weekly inventory data. Last year, according to Altos Research , the seasonal peak for housing inventory was Oct. Weekly inventory change (Dec.

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Mortgage Inventory New Listings Sellers 518

Housing Wire

DECEMBER 10, 2023

Housing inventory is near all-time lows, but big institutional investors like Invitation Homes or BlackRock aren’t to blame. The 44% claim was made in the headline for a Medium article last week and then spread like wildfire all over social media. The 1000-plus block buyers accounted for just 0.4% of market share in Q2.

Investors 522

Investors Inventory Buyers Real Estate 522

Cleveland Appraisal Blog

AUGUST 6, 2021

Below is a chart from the National Association of REALTORS article on home buyer regret. Some buyers may be relocating from a different state, and feel pressured to purchase a home sight unseen. It’s not that these pictures are meant to deceive buyers. Do you know of anyone who purchased a home within the past year?

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Buyers Property Taxes Inspection Market Value 243

Housing Wire

MARCH 21, 2024

This is why we created the housing market tracker articles to keep everyone versed in forward-looking demand and the forward-looking demand was getting better as mortgage rates fell from 8% to below 7%. Here is some perspective on the NAR active inventory data: Since 1982, traditional normal inventory levels range between 2 million and 2.5

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Inventory Housing Market Mortgage Marketing 452

Housing Wire

APRIL 14, 2023

This article is part of our 2023 Housing Market Forecast series. Since October of 2022, the share of buyers who are purchasing their home without a mortgage has been more than one quarter of the market. In the months before the COVID-19 pandemic, the share of all-cash buyers hovered in the teens. Today, the average is 2.7

Realtors 407

Realtors Buyers Inventory Sellers 407

Housing Wire

MAY 21, 2021

In the last existing home sales article for HousingWire, I wrote that we should see some sales prints under 5,840,000. Having the best housing demographics ever during the years 2020-2024, along with the lowest mortgage rates , gives you the best supply of replacement buyers ever. This sales trend looks very normal to me.

Housing Market 540

Housing Market Marketing Inventory Realtors 540

Housing Wire

DECEMBER 16, 2022

This article is part of our Housing 2022-23 forecast series. The last year has been a completely split housing market — one that started with the lowest inventory NAR has recorded dating back to 1999 and one with low mortgage rates. The housing affordability crisis has pushed potential buyers to the sidelines.

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Buyers Realtors Inventory Sellers 463

Housing Wire

FEBRUARY 3, 2023

This article is part of our 2022 – 2023 Housing Market Update series. Last fall, when mortgage rates first jumped over 7% we could see dramatic and immediate slowdown in buyer demand. Throughout January, as rates have drifted down closer to 6%, buyer activity has picked up quickly. was $414,900.

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Housing Market Marketing Inventory New Listings 347

Housing Wire

JANUARY 19, 2024

Remember, with median sales prices and inventory, it’s very seasonal. However, remember, the dive in inventory is normal at this time of the year. Our tracker articles have a lot more details about the current weekly market and we publish those each Saturday. This is a positive for housing in 2024 as most sellers are buyers.

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Housing Market Inventory Contracts Marketing 407

Housing Wire

MAY 4, 2023

On the one hand, elevated mortgage rates continue to erode buyers’ purchasing power, and in some markets, home prices are falling. On the other hand, inventory is still low, and homes are still selling fast, often with multiple offers. But if you are a prospective buyer, macro housing metrics probably do not reflect your experience.

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Housing Market Marketing Inventory Buyers 388

Housing Wire

JUNE 10, 2022

Below, Esser answers questions about the housing industry: HousingWire: What is your current favorite HW+ article and why? His articles are always my favorite. His recent article, “Purchase apps are at 2009 level: where’s the inventory?” However, it’s the sellers and buyers that we are working with whom really matter.

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Sellers Housing Market Inventory Buyers 380

Housing Wire

JUNE 22, 2021

Buyers are facing unprecedented challenges, they say, due to a confluence of housing market conditions: Pricing. Redfin also reported this month that seven in 10 buyers — 70.4% — faced bidding wars in May. Lack of inventory. We don’t have any inventory. If you’re an FHA or VA buyer, you don’t stand a chance.

Housing Market 401

Housing Market Real Estate Agent Marketing Inventory 401

Housing Wire

NOVEMBER 1, 2021

It was just a matter of weeks before the buyers returned and sellers sold their homes, leading home sales to get to pre-cycle highs in 2020 and 2021. And then home prices took off , and total inventory levels dropped toward all-time lows. Your HW+ Membership includes: Unlimited access to HW+ articles and analysis.

Housing Market 545

Housing Market Sellers Inventory Mortgage 545

Housing Wire

JUNE 21, 2022

Now that we are almost in July, we can safely say the premise that once mortgage rates hit 4%, the mass panic selling of American homeowners who need to get out at all costs, driving total inventory up in the millions, hasn’t happened. Inventory skyrocketing back toward historical norms of 2 million to 2.5 Unsold inventory sits at a 2.6-month

Housing Market 539

Housing Market Marketing Inventory Mortgage 539

Housing Wire

APRIL 17, 2023

In early 2023, however, as inventory in Austin has become more and more constrained, buyers have become accustomed to the higher mortgage rates and demand has ticked up. “It It is keeping the pressure on buyers to shop wisely,” Kent Redding, a local Berkshire Hathaway Home Services agent, said.

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Housing Market Marketing Inventory Buyers 345

Housing Wire

AUGUST 14, 2023

“It will be slow for a few days and then we’ll get this wave of interest and buyers and then it will slow again, but it keeps picking back up,” he said. And while the seven-day moving average for single-family inventory was just 36 homes as of June 2023, it is far better than the 15 homes listed in mid-May of 2023.

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Housing Market Marketing Inventory Agents 290

Housing Wire

DECEMBER 28, 2022

This article is part of our 2022-23 Housing Market Forecast series. The last time we saw prices decline, the combination of declining prices and bad mortgages forced inventory onto the market. This time, declining prices are likely tempering the pace of inventory going onto the market rather than accelerating. months nationally.

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Housing Market Marketing Inventory Mortgage 482

Housing Wire

MAY 10, 2022

This article is part of our housing market economic update series. These reports highlight the difference home buyers and potential home buyers have when embarking on the buying process. The report used real time listing data to show the limited housing inventory and the repercussions to home buyers.

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Housing Market Realtors Buyers Inventory 402

Cleveland Appraisal Blog

MAY 18, 2023

The agent went on to mention that many people she knows would like to sell their home but are afraid of not finding another one because inventory levels are so low. We’ve had under two months of inventory for the past couple of months. Homeowners need to sell their homes to make inventory for buyers.

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Inventory Real Estate Agent Appraisal Real Estate 333

Housing Wire

DECEMBER 26, 2022

Starting this week, I will analyze weekly data in a Housing Market Tracker article every Monday to provide a status update on the U.S. The three categories I’ll cover will be the weekly purchase application data, the Altos Research weekly inventory data , and what the bond market/ mortgage rates did recently. Housing market inventory.

Housing Market 471

Housing Market Marketing Inventory Mortgage 471

Housing Wire

MAY 28, 2023

Active housing inventory , thankfully, saw some decent growth last week. Here’s a quick rundown of the last week: Active inventory grew 8,914 week to week, even though new listing data is still trending at all-time lows in 2023. Weekly housing inventory The growth in active listing inventory has been tepid this year.

Housing Market 488

Housing Market Mortgage Marketing Inventory 488

Housing Wire

JANUARY 13, 2022

This article is part of our Housing 2022 forecast series. The median age of a first-time buyer for the past three years has remained 33 years old. Between 1981 and 2018, the median age of first-time buyers ranged between 28 and 32. There will soon be a wave of potential buyers aging into the first-time buyer age group.

Buyers 450

Buyers Inventory Landlords Housing Market 450

Housing Wire

NOVEMBER 22, 2021

Not bad considering the low inventory and all that unhealthy home price growth we have seen since the start of 2020. Then when you add move-up, move-down, cash, and investor buyers together, we should be able to always have total home sales — both new and existing — at 6.2 As I write this article, the 10-year yield is at 1.60%.

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Inventory Housing Market Buyers Investors 504

Housing Wire

APRIL 25, 2023

This article is part of our ongoing 2023 Housing Market Forecast series. Inventory was so tight that homes often went to buyers with large down payments or even all-cash offers. After this series wraps, join us on May 30 for the next Housing Market Update Event.

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Inventory Housing Market Marketing Mortgage 345

Cleveland Appraisal Blog

APRIL 26, 2023

With a shortage of housing inventory persisting, some are resorting to building their own home. This week, I welcome back guest blogger, Ashley Rodriguez with bins4less , who wrote this article for the Cleveland Appraisal Blog. This frees up time for buyers to focus on other aspects of their lives. Hello friends!

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Realtors Buyers Real Estate Agent Appraisal 272

Housing Wire

AUGUST 17, 2022

Articles about rates, housing inventory and inflation were among our most popular, including: Purchase mortgage rates fall same week as Fed rate hike New home sales make it clear, housing is in a recession The nation’s housing market is on a correction course.

Housing Market 372

Housing Market Marketing Insurance Inventory 372

Housing Wire

MAY 27, 2021

“In certain neighborhoods, such as Coconut Grove and Coral Gables, we’re at 25-year lows in inventory, with buyer demand I’ve never experienced.”. There’s plenty of advice available to help buyers and sellers navigate the current housing market. Your HW+ Membership includes: Unlimited access to HW+ articles and analysis.

Real Estate Agent 463

Real Estate Agent Real Estate Housing Market Agents 463

Housing Wire

SEPTEMBER 30, 2021

Aubuchon says buyers are making too many concessions. Buyers “are waiving inspections, an appraisal contingency, and the latest trend is to pay closing costs usually done by the seller.” Besides a high-demand, low-inventory market, Aubuchon must contend with a new competitor on the block. One kid will give $4 instead of $1.

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Housing Market Marketing Real Estate Agent Loan Officers 331

Housing Wire

JANUARY 25, 2023

This article is part of our 2022 – 2023 Housing Market Update series. Inventory What does that mean for housing? We can also expect low housing demand, which favors buyers. Since the COVID-19 pandemic lockdowns of 2020, inventory has dropped to record-low levels both in 2021 and 2022. most likely by mid-year.

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Housing Market Marketing Inventory Sellers 411