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 434

Housing Wire

NOVEMBER 18, 2022

The National Association of Realtors (NAR) reported today on two trends in existing home sales that we have seen for many months now: sales are declining while total inventory data has fallen directly for the three straight months. Total housing inventory fell in this report, the third report in a row that shows total inventory has decreased.

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Inventory Marketing Housing Market New Listings 459

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 517

Housing Wire

JUNE 9, 2023

That day, I wrote an article about how bad the home sales data was getting due to the affordability hit and that existing home sales should get down toward 4 million and below. history, and because of that, not even low inventory could prevent home prices from declining month to month in the second half of 2022.

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Inventory Housing Market New Listings Mortgage 545

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 472

Housing Wire

AUGUST 30, 2023

Using weekly data from Altos Research , Mohtashami showed that new listings have been trending at their lowest levels in history for the past 12 months. However, he noticed another notable decline in listing since mortgage rates really peaked above the 7% range. Despite higher mortgage rates, inventory growth still slow

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Housing Wire

MAY 28, 2023

Debt-ceiling drama pushed bond yields up last week, taking mortgage rates to a new 2023 high in the middle of the spring home-selling season. Active housing inventory , thankfully, saw some decent growth last week. Weekly housing inventory The growth in active listing inventory has been tepid this year.

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Housing Market Mortgage Marketing Inventory 487

Housing Wire

AUGUST 2, 2023

HousingWire Lead Analyst Logan Mohtashami appeared on CNBC ‘s Worldwide Exchange on Wednesday to talk about the health of the housing market , explaining the effect of high mortgage rates and low inventory on existing home sales. He also discussed Fitch ‘s downgrade of the U.S. credit rating and its affect on the housing market.

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Housing Market New Listings Inventory Marketing 291

Housing Wire

JUNE 18, 2023

Active housing inventory grew while new listing data fell. Here’s a quick rundown of the last week: Active inventory grew 8,041 weekly. Weekly housing inventory This year’s housing inventory theme has been a walking dead musical chorus of a zombie trying to escape a grave. 6% for a year.

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Housing Market Marketing Inventory New Listings 451

Housing Wire

MAY 30, 2023

In this article I’ll explain why this is happening and why we still have a savagely unhealthy housing market. The quick takeaway here is that total active listings in the U.S. Inventory is still near record lows The easiest economic discussion right now is the housing inventory story in the U.S.

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Inventory Housing Market New Listings Marketing 447

Housing Wire

FEBRUARY 3, 2023

This article is part of our 2022 – 2023 Housing Market Update series. If economic conditions cause rates to jump over 7%, expect buyers to sit on the sidelines, allowing active inventory to build and time to sell a home to climb. Inventory In late January, there were 465,000 single family homes on the market, all across the country.

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Housing Market Marketing Inventory New Listings 346

Housing Wire

NOVEMBER 9, 2022

Inventory levels broke to all-time lows and thus created massive housing inflation quickly, which broke my model. The glaring difference between now and 2014 is that total inventory levels are roughly 1 million lower now than the peak of 2014. New listing data is down 5% year to date, as you can imagine.

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New Listings Inventory Housing Market Sellers 467

Housing Wire

MARCH 19, 2023

Mortgage rates fell as the banking crisis got worse and purchase application data grew for the second week in a row, but the big question is: Did we hit the seasonal bottom in housing inventory? Weekly inventory increased by 1,734. New listing data collapsed, but we are putting an asterisk on that data line for this week.

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Housing Market Marketing Inventory New Listings 368

Housing Wire

JANUARY 19, 2024

Remember, with median sales prices and inventory, it’s very seasonal. Something notable about this report: Total active listings as the NAR tracks them almost broke under 1 million again. However, remember, the dive in inventory is normal at this time of the year. Below are charts with today’s report and the trend.

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Housing Wire

MAY 4, 2023

On the other hand, inventory is still low, and homes are still selling fast, often with multiple offers. The number of new listings coming on the market this spring is lower than it has been in more than a decade. Sales and new pending contracts are below pre-pandemic levels. Buyer disappointment. Selective sellers.

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Housing Market Marketing Inventory Buyers 387

Housing Wire

JANUARY 5, 2023

The 2022 housing market was savagely unhealthy , with all-time lows in inventory leading to massive bidding wars and price spikes until the Fed put a screeching halt to all of it with rate hikes that resulted in the most significant one-year spike in mortgage rate history. Housing Inventory. Home price s. million in 2023.

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Housing Market Marketing Inventory New Listings 529

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.

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Cleveland Appraisal Blog

JANUARY 5, 2023

While we still have a significant shortage of housing inventory in Cuyahoga County, we had more active listings last month than we had in December 2020 and 2021. The chart below reflects the total active single-family listings in Cuyahoga County. Something else to watch is housing inventory. I appreciate you!

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Housing Wire

JULY 20, 2023

With record-low inventory nationwide, real estate agents seem to be hearing the same thing day in and day out: “I’d list my home, but where would I move?” For most agents, that’s the end of the conversation, ending the possibility of taking a new listing as well as facilitating the buyer side.

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Housing Wire

FEBRUARY 27, 2024

If you’re an agent, team or brokerage looking to keep a pipeline of qualified listing leads coming your way, SmartZip may the solution you need. SmartZip uses predictive analytics to pinpoint likely sellers from 6 to 18 months in advance, offering a huge advantage in today’s low inventory market.

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Advertising Real Estate Tools Sellers 353

Housing Wire

MAY 2, 2022

This article is part of our housing market update series. However, inventory of for-sale homes for sale continued to lag in prior years, and despite posting some seasonal increase, barely offered relief for frantic home buyers. At the end of this series, you can join us on May 10 for a Housing Market Update webinar.

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Housing Market Marketing Buyers Inventory 381

McKissock

MARCH 19, 2021

A record-breaking 36% of homes sold above list price in February, due to historic homebuyer competition. Housing is expected to remain resilient despite low inventory, with accelerated U.S. Read on for the latest in appraisal news. Read the full article here. economic growth predicted this spring. in Q2 and 6.6%

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Housing Market Appraisal Marketing New Listings 90

Housing Wire

JANUARY 10, 2024

In this article, we explore nine exceptional real estate lead generation companies that can supercharge your lead generation efforts, each with its unique strengths and limitations. While there’s no one-size-fits-all solution, plenty of customizable real estate lead generation tools exist to make your life easier. housing industry.

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Real Estate Real Estate Agent Tools Agents 323

McKissock

OCTOBER 27, 2021

Good news for agents working with first-time home buyers on a budget: after nearly two years of ultra-low inventory and rising property values, small, affordable homes are starting to hit the market at a steady rate. According to a recent article in Business Insider , the month of July saw a 6.5%

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Eppraisal

MARCH 18, 2022

The inventory of homes available for sale was on the low side even before the Covid 19 pandemic. According to data from Realtor.com, "The inventory of homes for sale dropped 53% between April 2020 and April 2021." These systems typically send out the push emails each morning, so you may be receiving yesterday's listings.

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Movoto

MARCH 8, 2024

And with the biggest inventory spike in nearly 3 years experienced in February, it looks like the market is starting to heat up. The housing market just saw its biggest inventory spike in nearly 3 years “New listings for homes for sale climbed 12.9% year-over-year in February…” So… Is Now the Time to Make Moves?

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Real Estate Inventory New Listings Realtors 36

McKissock

DECEMBER 10, 2021

“Higher mortgage rates will end double-digit price growth and new listings will hit a 10-year high,” predicts Redfin. ” Read the full forecast to learn about Redfin’s predictions regarding mortgage rates, supply and demand, new construction, home price growth, and more. ” Read the full review.

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Will Springer Realtor

MARCH 12, 2024

The picture was somewhat similar for single-family homes as a stand-alone category, with new listings up 38% (1845) and sales 41% (1064) stronger month-to-month, but the YoY numbers were more telling, up 31% and down 4.2%, respectively. Months of inventory continue to be a burden on all buyers. Inventory is at 1.3

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Appraisal Today

MARCH 1, 2024

Both inventory levels and new listings increased significantly in recent months, leading to an 18 percent increase in sales and a 1.6 Both inventory levels and new listings increased significantly in recent months, leading to an 18 percent increase in sales and a 1.6 Some may not have them. Hagar Book.

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Listing Spark

FEBRUARY 7, 2024

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. Days on market climbed, sellers’ became restless and our month’s supply of inventory finally started to grow. in 2023 Active listings jumped 13.9% in 2022 to 3.3

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Real Estate Sellers Home Value Inventory 36

Will Springer Realtor

JANUARY 10, 2023

This marks the introduction of a new feature. The article will include the latest monthly data from the Northwest Multiple Listing Service, analysis from national and local experts and a glimpse ahead at what to expect in the coming weeks. months of inventory, down from 2.2 I hope you enjoy reading this monthly report.

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Housing Market Marketing Inventory Real Estate 36

Eppraisal

OCTOBER 2, 2021

The demand for homes has been and is still high, as eager buyers rush to new listings and submit offers quickly. According to an article written by Danielle Hale on Realtor.com, "Homes continue to sell faster than a year ago." Inventory of homes available are historically low.

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Agents Real Estate Agent Marketing Real Estate 36

McKissock

MARCH 1, 2021

A: The obstacles Millennial real estate buyers face for owning a home in the Boston market come down to low inventory. I need to stay on top of the market and every new listing to assist them with navigating through what is the right information and what is to be ignored.

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Real Estate Clients Real Estate Agent Renovations 90

Will Springer Realtor

JULY 8, 2022

The King County housing market has seen inventory increase by 55% in the past month, while the number of homes going under contract fell 22% from May to the lowest June level since 2011. For more information on where the economy and local housing market is headed, flip over to my blog for a recently published article with charts and analysis.

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Housing Market Marketing Inventory HOA 36

Will Springer Realtor

OCTOBER 11, 2022

Counties in and near Chicago and New York City were seen as the most vulnerable to today’s economic headwinds. New listings and housing supply are on the rise as buyer activity took a dive in September, based on the latest assessment of data from the Northwest Multiple Listing Service. months’ inventory.

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Will Springer Realtor

JANUARY 9, 2024

The 802 new listings last month were a low not seen since records were archived online from 1990. No other month has fallen below 1000 new listings in more than three decades of online record keeping. No other month has fallen below 1000 new listings in more than three decades of online record keeping.

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Mortgage Real Estate Law Lending 36

Will Springer Realtor

MAY 12, 2021

While the words from the article tell a compelling story on their one, the visuals add the needed icing on the cake: BY THE NUMBERS. >> The lack of inventory to keep real estate moving is confirmed with the latest data on U.S. Compare that to the end-April total of 4551 Active listings for the two counties, as well as 0.6

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