Housing Wire

OCTOBER 1, 2022

However, there are a number of attention-grabbing headlines, which unfortunately only compare today’s housing market to the very recent history of the last two years. The National Association of Realtors Research Group has produced the index since 2008, at a time of turmoil in the real estate market. Historically 2.5 Historically 2.5

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Realtors Housing Market Marketing Buyers 387

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. We needed to end this madness before we had prices escalate over 20% for another year.

Inventory 467

Inventory Marketing Housing Market New Listings 467

Housing Wire

DECEMBER 14, 2020

What a crazy year we have all been through. Last year, I visited Japan, London, Puerto Rico, Oregon and Las Vegas twice. This year I had fewer visits than that to my local barber and I was ecstatic to be there. This was the year we relearned to appreciate small things. Adventure and excitement were out, and safety was in.

Housing Market 545

Housing Market Government Marketing Mortgage 545

Housing Wire

DECEMBER 8, 2021

My biggest concern for housing in the years 2020-2024 was that if the demographic push in demand picks up and total home sales get over 6. million new and existing home sales combined. million new and existing home sales combined. 2020 and 2021 easily each have over 6.2

Inventory 516

Inventory Housing Market Marketing Mortgage 516

Housing Wire

MAY 5, 2022

This article is part of our housing market update series. It’s not time to sound the alarms, and there’s no indication that another housing market crash, circa 2008, is about to happen, but there are signs and signals everywhere suggesting that the decade-long boom in home sales may be running out of steam.

Housing Market 369

Housing Market Marketing Inventory Buyers 369

Housing Wire

NOVEMBER 29, 2021

Today, pending home sales came in as a big beat of estimates — up 7.5% Like I have often said, professional grifters have plagued the housing sector for many years and shouldn’t be looked to as fundamental economic sources of information. Year-over-year, signings fell 1.4%. in October.

Inventory 529

Inventory Contracts Training Investors 529

Housing Wire

APRIL 3, 2023

Here’s a quick rundown of the last week: The 10-year yield battle continues as bond yields rose early in the week only to close below 3.50% on Friday. Active inventory fell by 3,141, and new listing data fell again and is still trending at all-time lows. The chart below shows how the weekly 10-year yield ended with lower bond yields.

Inventory 480

Inventory Housing Market Marketing New Listings 480

Housing Wire

DECEMBER 29, 2021

What a year 2021 has been. We started the year with many pundits saying that the U.S. economy continue to recover from the lows of April of 2020, but the 2021 economic data shows it has been one of the hottest years in many decades. First and foremost, Americans are buying a place to live, not an investment.

Housing Market 528

Housing Market Marketing Construction Mortgage 528

Housing Wire

MARCH 26, 2023

Here’s a quick rundown of the last week: The 10-year yield had a Lord of Rings battle at a critical technical level, pushing mortgage rates lower at the end of the week with no real break in the bond market. Active inventory fell 1,109, and new listing data made a lovely comeback week to week but was still noticeably down year over year.

Inventory 443

Inventory Housing Market Marketing Mortgage 443

Housing Wire

MAY 9, 2022

Home prices in the U.S. have been skyrocketing since 2020, however, I often like to remind people that no matter how crazy home-price growth is in America, at least we aren’t Canada. When it comes to home prices — and especially home prices compared to income — our neighbors up north are like Godzilla to our gecko.

Buyers 528

Buyers Housing Market Mortgage Marketing 528

Housing Wire

MAY 3, 2022

What have we seen this year? After making some Covid-19 adjustments to the data line, we will have our first negative year over year since 2014, unless something changes on the mortgage rate side. However, I would label this a mild decline so far for now: Week to week -3% Year over Year -14% 4 Week MA YoY -9.75%.

Housing Market 383

Housing Market Marketing Inventory Mortgage 383

Housing Wire

MARCH 15, 2022

HousingWire: Let’s start with a bang Logan, will the inventory crisis end this year? HousingWire: Let’s start with a bang Logan, will the inventory crisis end this year? Inventory is about to increase as it always does during this year. Short term yields are rising because the Fed is still in rate hike mode.

Inventory 386

Inventory Housing Market Retail Marketing 386

Housing Wire

MARCH 19, 2023

Here’s a quick rundown of the last week: The 10-year yield had a roller-coaster week, and so did mortgage rates, but the 10-year yield held its critical line, and mortgage rates ended at 6.55%. Purchase application data rose 7% weekly , still down 38% year over year. The housing market was crazy again last week.

Housing Market 376

Housing Market Marketing Inventory New Listings 376

Housing Wire

APRIL 22, 2022

This week’s HW+ member spotlight features Matthew Blanchard, producing sales manager at Academy Mortgage Corporation. Below, Blanchard answers questions about the housing industry: HousingWire: What were some of your biggest takeaways from last year’s HW Annual event? HousingWire : What is your current favorite HW+ article and why?

Buyers 370

Buyers Clients Business Inventory 370

Housing Wire

MARCH 28, 2022

For example, my home price growth forecast for 2022 was between 5.2% – 6.7%; at first, that looked like it was too small. However, since I had the possibility of the 10-year yield getting to 2.42% and 4% plus mortgage rates, I accounted for that in the range. Inventory has been falling for years.

Housing Market 325

Housing Market Marketing Supply Chain Inventory 325

Housing Wire

JULY 2, 2023

To give you an idea how different this year is from last year, last week in 2022, active listings grew 30,940 while this year they only grew 5,848. Since May 15, that trend has continued to the point that inventory in America is now negative year over year.

Inventory 453

Inventory Housing Market Marketing New Listings 453

Housing Wire

DECEMBER 16, 2021

The last two years have been a wild ride. We’ve had the sharpest and yet also the shortest recession in history, record-low mortgage rates leading to record origination volumes, and record home prices as housing demand far outstripped supply. Odds are that this turn in the pandemic will likely be just a temporary setback.

Marketing 453

Marketing Mortgage Supply Chain Inventory 453

Housing Wire

FEBRUARY 8, 2021

million homes remain in forbearance and can therefore be considered at risk. Forbearance will have to end at some point, and when it does, couldn’t all these homes flood the housing market at once, driving prices down and scaring would-be homeowners away from purchasing? This means home price growth is getting too hot!

Housing Market 544

Housing Market Marketing Government Real Estate Agent 544

Housing Wire

SEPTEMBER 10, 2020

This article was written for FinLedger, HW Media’s new fintech focused news brand designed specifically for financial services professionals in banking, payments, insurance and proptech. Orchard , which operates a home buying and selling marketplace, has closed on a $69 million Series C round led by Revolution Growth.

Real Estate 238

Real Estate Modernization Design Insurance 238

Cleveland Appraisal Blog

APRIL 29, 2021

So, I am grateful for guest bloggers who provide me with some great articles to share with you. Tips for Increasing Your Home’s Value Without Spending a Fortune. Buying a property is not just about creating a home, it is making a long-term investment. What Home Appraisers Look For. Existing space.

Appraisal 249

Appraisal Investing Buyers Renovations 249

McKissock

JULY 27, 2021

If you’ve spent any time watching the real estate market this year or working in the field, you know we’re navigating one of the hottest seller’s markets on the books. Fortunately, a recent article on HousingWire suggests that a slight decrease in housing material costs could mean the market is beginning to level out.

Real Estate Agent 79

Real Estate Agent Marketing Real Estate Agents 79

Appraisal Today

APRIL 19, 2024

This public acknowledgement of an obligation to counter the flawed “appraiser bias” narrative is an encouraging first step. For a long time, since AI dropped out of the Appraisal Foundation, I have said, “I am a 35-year member of AI. Industry groups should also step up to support appraisers. It is human nature.

Appraisal 67

Appraisal Contracts Valuation Design 67

Housing Wire

JANUARY 2, 2023

The housing market has been wild the last few years, making weekly data more critical. I want to focus on these three data lines because they will give us a glimpse into the future, so we don’t have to wait for the existing home sales data, which can be old if the market turns. Purchase application data.

Inventory 451

Inventory Housing Market Marketing Mortgage 451

Simonson Real Estate

FEBRUARY 26, 2021

We first present a few charts, graphs, and statistics with data provided by Marquette Advisors. Rent growth, which had previously been steadily rising in the range of 3.9% Rent growth, which had previously been steadily rising in the range of 3.9% Vacancy rates have been at an all-time low for several years.

Landlords 117

Landlords Tenants Buyers Development 117

Appraisal Today

SEPTEMBER 22, 2023

Survey respondents Sales agents accounted for the largest proportion, with 45% of participants holding this license. I am working on an article on Hybrid Appraisals for the November issue of Appraisal Today. Here are a few of the many survey results. To read more, click here My comments: Now we know what NAR members think about it.

Appraisal 86

Appraisal Training Inspection Real Estate 86

Appraisal Today

DECEMBER 8, 2023

To Mean, or Not to Mean, That is the Question By Brent Bowen Excerpts: There seems to be a consensus among appraisal reviewers that the appraiser should not average the adjusted sales prices of their comparables in order to arrive at an indicated value of the subject from the Sales Comparison Approach. One of the best I have read.

Appraisal 66

Appraisal Real Estate Contracts Design 66

Appraisal Today

OCTOBER 20, 2023

At that time, the real estate market was still being wildly affected by the COVID pandemic. Prices for all types of residential properties were rising rapidly, and this held especially true for niche properties that consumers believed would make a good short-term rental. I was given a lockbox combination and inspected the vacant home.

Appraisal 71

Appraisal Design Contracts Inspection 71

Appraisal Today

JULY 7, 2023

2021, was one of the first (and perhaps the most publicized). is one highly publicized lawsuit covered at length by mainstream media–CBS News, The New York Times, NBC, CNN, ABC News, and more. To read more, click here My comments: Long article and worth reading. Tate-Austin v. Janette Miller, filed in California in Dec.

Appraisal 75

Appraisal Real Estate Contracts Mortgage 75

Housing Wire

JANUARY 19, 2024

Today, we saw existing home sales slip a bit month to month, which isn’t surprising to me as purchase application data started its positive run in November. That data line typically looks out 30-90 days for sales — it doesn’t move as fast as some people think. From NAR : Existing-home sales waned 1.0%

Housing Market 425

Housing Market Inventory Contracts Marketing 425

Housing Wire

DECEMBER 20, 2023

Did today’s existing home sales report give us a playbook for housing in 2024? However, this time around, the Federal Reserve rate hike cycle is over, and we don’t need to worry about Fed presidents going on CNBC in 2024 crying about 6% mortgage rates making their lives difficult. million in November. Yes, to a degree.

Housing Market 442

Housing Market Marketing Inventory Realtors 442

Eppraisal

SEPTEMBER 24, 2021

Real estate is cyclical year-over-year. The market normally remains strong, and home values rise, through the spring and summer months. It usually starts to slow down in August, right around the time school starts for the new school year. Home Buyers There are many types of home buyers in today's market.

Marketing 28

Marketing Supply Chain Real Estate Construction 28

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 housing market is one sector that can turn positive or negative very quickly depending on mortgage rates or one-time shocks like we saw with COVID-19. housing market and economy.

Housing Market 485

Housing Market Marketing Inventory Mortgage 485

Simonson Real Estate

OCTOBER 23, 2020

At Simonson Appraisals, we have found great importance in real-time property-specific conversations to keep the available data ‘fresh’ and accurate. At Simonson Appraisals, we have found great importance in real-time property-specific conversations to keep the available data ‘fresh’ and accurate. Key Language in Letter of Transmittal.

Appraisal 143

Appraisal Retail Tenants Real Estate 143

Housing Wire

JANUARY 12, 2022

Early in 2021, when I was talking about how people should worry about home prices overheating, I had a glimmer of hope that maybe toward the end of 2021 we would be spared another seasonal collapse of inventory. I don’t believe any of us want 2023 to start off with new fresh all-time lows in inventory. Houston, we have a problem.

Inventory 537

Inventory Mortgage Housing Market Marketing 537

Housing Wire

JUNE 18, 2023

But, last year we had the biggest waterfall collapse in purchase application data ever for a single year, and since Nov. This dynamic changed the housing market from one where home sales were crashing to one that is now stabilized. Year to date, we have had 11 positive and 11 negative prints. million this year.

Housing Market 467

Housing Market Marketing Inventory New Listings 467

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. Home price s. in total for the year. for 2022.

Housing Market 537

Housing Market Marketing Inventory New Listings 537

Housing Wire

JANUARY 26, 2022

Today the Census Bureau ‘ s new home sales report came in as a beat of estimates at 811,000. The bearish take on housing for the second half of 2021 didn’t really pan out, especially in the new home sales sector. From Census: The seasonally adjusted estimate of new houses for sale at the end of December was 403,000.

Construction 423

Construction Marketing Mortgage Sellers 423