Remove articles the-savagely-unhealthy-housing-market-is-back
article thumbnail

Grounding the Static: Fast-Forward from Concept to Execution for Amazing Results

Housing Wire

Open the door to the most powerful room in housing. One of the first articles HousingWire Lead Analyst Logan Mohtashami wrote this year was titled, “The savagely unhealthy housing market is over.” That was back in February. How’s that for a wild housing market?

article thumbnail

Days on market grow despite low inventory for existing homes

Housing Wire

On a positive note, however, the days on the market are no longer a teenager anymore: that metric grew from 18 days to 21 days. On a positive note, however, the days on the market are no longer a teenager anymore: that metric grew from 18 days to 21 days. This is happening, and in the long run, this is a plus for the housing market.

Inventory 463
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The savagely unhealthy housing market is now a nightmare

Housing Wire

The housing nightmare continues. But, the savagely unhealthy data line was that home prices are up 14.8%. NAR Research : The median existing-home price for all housing types in May was $407,600, up 14.8% NAR Research : The median existing-home price for all housing types in May was $407,600, up 14.8%

article thumbnail

Why are existing home prices rising when sales are still so low?

Housing Wire

From NAR : The median existing home price for all housing types in March was $393,500, an increase of 4.8% Of course this isn’t the healthiest housing inventory story. This is a byproduct of the qualified mortgage rule of 2010, which has been a game-changer not only for the housing market but for the overall U.S.

Inventory 479
article thumbnail

Is the Dallas Fed right to label this a housing bubble?

Housing Wire

Are we headed to a housing bubble? The Dallas Fed on Thursday published an article titled: Real-Time Market Monitoring Finds Signs Of a Brewing U.S. Housing Bubble. The online reaction was immediate — housing must be about to crash. For the housing bubble 2.0 I disagree with this conclusion. Let me explain.

article thumbnail

Existing home sales are working from a historic low bar

Housing Wire

Our housing market tracker counts weekly active single-family listings, those homes that aren’t in the contract, and the raw available number of homes for sale. Our housing market tracker counts weekly active single-family listings, those homes that aren’t in the contract, and the raw available number of homes for sale.

article thumbnail

Logan Mohtashami’s 2023 housing market forecast

Housing Wire

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. So where does all that drama leave us for 2023?