Housing Wire

MARCH 18, 2022

Inventory has broken to all-time lows, but it doesn’t look like the year-over-year data will be positive at all this year unless demand softens up. NAR Research : Unsold inventory sits at a 1.7-month NAR Research : Unsold inventory sits at a 1.7-month However, negative year-over-year inventory is not what we want to see.

Housing Market 541

Housing Market Marketing Inventory Sellers 541

Appraisal Buzz

JUNE 14, 2024

In today’s low-volume market cycle, mortgage originators can build business by focusing on purpose-built loan products designed to overcome the specific challenges homebuyers face in the current market. This represents a competitive challenge for buyers relying on financing.

Marketing 221

Marketing Renovations Construction Finance 221

Housing Wire

JUNE 28, 2022

This data line lags the current housing market as it’s a few months old. The housing market can’t replicate the type of massive credit expansion we saw from 2002-2005, so the price-growth story has more to do with inventory collapsing to all-time lows. Also, certain investors felt no fear post-2020.

Housing Market 448

Housing Market Marketing Inventory Investors 448

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 million to return to normal.

Housing Market 539

Housing Market Marketing Inventory Mortgage 539

Housing Wire

JULY 16, 2021

Cash buyers are pouring into the housing market this year, and they’re picking off more than half of available inventory in certain areas in Florida and New York. “I’ve never seen more cash in Boise’s housing market than I’ve seen in the past year,” Pendleton said.

Buyers 545

Buyers Real Estate Agent Real Estate Housing Market 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.

Inventory 473

Inventory Housing Market New Listings Buyers 473

Housing Wire

NOVEMBER 8, 2023

presentation to investors in the blank-check SPAC that took the company public in 2020. Offerpad is an instant buyer, or iBuyer, a company that gives sellers cash offers for their homes and attempts to resell the homes for a profit, sometimes after making renovations. “The largest, undisrupted market in the U.S.,”

Marketing 396

Marketing Inventory Renovations Investors 396

Housing Wire

MAY 2, 2024

The housing market has been on a topsy-turvy roller-coaster ride in recent years that has been particularly neck wrenching since this past fall, fueled by stubbornly high inflation and a still-strong jobs market. Treasury market — jumping to as high as 121 in mid-April after ending March near 85.

Marketing 363

Marketing Mortgage Investors Sellers 363

Housing Wire

SEPTEMBER 27, 2023

Despite mass layoffs in the wake of the Federal Reserve’s fight against inflation, mortgage professionals still see opportunities in the market. Others allocated resources into digital marketing (31.1%), automation technology (26.7%) and market data (19.3%). in events to garner business. were from the Northeast 16.3%

Housing Market 371

Housing Market Mortgage Marketing Inventory 371

Housing Wire

JULY 23, 2021

Competition for home buyers is tougher than ever right now, as tightened housing stock supply continues to plague the housing market. Acra Lending is doing what it can to help free up inventory. By working with borrowers in unusual circumstances, Acra is helping create opportunities for inventory to open up. Fix’n’flip.

Housing Market 424

Housing Market Marketing Inventory Lending 424

Housing Wire

MAY 18, 2023

Just when I thought days on market were returning to normal, that number for existing homes fell back down to 22 days. If the days on the market are at a teenager level or even lower, it’s never a good sign for the housing market. If we had a massive credit boom-to-bust, inventory would have skyrocketed in 2022.

Housing Market 527

Housing Market Marketing Inventory Mortgage 527

Housing Wire

JULY 28, 2023

Meanwhile, the total number of starter homes on the market is down 15%, also the biggest drop since the start of the pandemic. Buyers searching for starter homes in today’s market are on a wild goose chase because in many parts of the country, there’s no such thing as a starter home anymore,” said Redfin Senior Economist Sheharyar Bokhari.

Buyers 369

Buyers Housing Market Investors Real Estate 369

Housing Wire

SEPTEMBER 22, 2023

The Federal Reserve ‘s effort to temper inflation has cooled the housing market that remains subdued with mortgage rates north of 7%. However, a silver lining in the subdued housing market is the strength in new-home sales. So you’re having to encourage investors with wider spreads to accept that.

Housing Market 419

Housing Market Marketing Buyers Investors 419

Housing Wire

MARCH 5, 2024

Meanwhile, inventory levels have shown year-over-year growth despite the prevailing high mortgage rates. Most home sellers are buyers of homes, so the action we are seeing this year is a healthy step in the right direction to get more balance in the housing market ,” Mohtashami wrote on Saturday. Between Feb. Between Feb.

Mortgage 423

Mortgage Inventory Investors Sellers 423

Housing Wire

APRIL 25, 2024

“Meaningful gains will only occur with declining mortgage rates and rising inventory.” Existing-home inventory in March improved 14.4% The number of buyers who are bringing all cash to the transactions has been on the rise. Luxury buyers have also been resilient, Sturtevant added. New-home sales jumped by 8.8%

Inventory 379

Inventory Buyers Realtors Investors 379

Housing Wire

MAY 19, 2022

million , with double-digit home-price growth driving a housing market that is still savagely unhealthy. This is something that I said would change the tone of housing, and we are seeing that result this year as sales decline and inventory picks up. Inventory is always seasonal. Today inventory levels are at 1.02

Housing Market 515

Housing Market Marketing Inventory Realtors 515

Housing Wire

APRIL 14, 2023

This article is part of our 2023 Housing Market Forecast series. The monthly Realtors Confidence Index is an essential measure of what real estate professionals are seeing in their local markets and how the market is evolving on a monthly basis. One such measure is who is entering the market. Today, the average is 2.7

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Realtors Buyers Inventory Sellers 407

Housing Wire

JUNE 8, 2021

With tightened housing stock supply, the competition for home buyers is fierce this year. Low rates and increased demand mean prices are soaring on what stock is available – and what’s available isn’t staying on the market for long. We actually have a lower inventory of homes that people really want to live in turnkey,” Lind said.

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Inventory Renovations Lending Construction 324

Housing Wire

JUNE 13, 2024

That’s a place where rates are really having a significant effect,” Powell said during a press conference after Wednesday’s meeting of the Federal Open Markets Committee (FOMC). “As of now, the market is pricing in just one cut by the end of the year and 2-3 cuts in 2025.

Inventory 344

Inventory Mortgage Sellers Housing Market 344

Appraisal Buzz

MARCH 21, 2024

Helping to boost existing-home sales in February was that inventory increased 1.07 Additional housing supply is helping to satisfy market demand,” says Lawrence Yun, chief economist for NAR, in a statement. Properties typically remained on the market for 38 days in February, up from 36 days in January and 34 days in February 2023.

Inventory 394

Inventory Realtors Investors Buyers 394

Housing Wire

MAY 8, 2024

In down markets, the best agents and the best brokerages gain market share,” Reffkin, the CEO of Compass, told investors and analysts during his firms first-quarter 2024 earnings call on Wednesday evening. “We In addition to Compass’ market share gains, the firm also recorded a 10% annual bump in revenue to $1.05

Agents 361

Agents Brokerage Real Estate Clients 361

Housing Wire

APRIL 20, 2022

However, the real story of 2022 is that the savagely unhealthy housing market continues as inventory is still lower than last year, sending home prices growth into double digits again. housing market; the 10-year is above 1.94%, something that didn’t happen in 2020 or 2021. 2014 was the last year total inventory grew.

Housing Market 478

Housing Market Marketing Inventory Mortgage 478

Housing Wire

OCTOBER 1, 2022

The real estate market has shifted, and we are in a new housing paradigm. 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. However, in many areas of the country it does remain a seller’s market. Historically 2.5

Realtors 378

Realtors Housing Market Marketing Buyers 378

Housing Wire

MAY 17, 2023

Transactions in the fix and flip market have been booming in recent years, with more than 407,000 homes flipped in 2022, up 14% over 2021 and up 58% over 2020, according to a recent report by real estate data firm ATTOM. More investors keep looking to flip homes … but are making less and less in the process “ ATTOM CEO Rob Barber said.

Finance 347

Finance Marketing Renovations Investors 347

Housing Wire

SEPTEMBER 14, 2023

Mortgage rates inched back up this week and remain anchored north of 7% as investors focus on the impact of rising headline inflation ahead of next week’s Fed rate decision. What to expect from the Federal Open Market Committee meeting next week ? How are mortgage rates affecting the housing market ?

Mortgage 419

Mortgage Inventory Buyers Investors 419

Appraisal Buzz

JUNE 4, 2024

from May 2019, yet inventory has decreased 34.2% compared to normal 2017 to 2019 levels, indicating that the market remains seller-friendly. “In In addition to higher median list prices and fewer homes for sale versus 2019, the increase in median price-per-square foot suggests that the typical home on the market today is worth 52.7%

Sellers 370

Sellers Inventory Buyers Insurance 370

Housing Wire

FEBRUARY 10, 2023

Combine that with the lack of inventory in New Jersey and bidding wars are back, Kechian said in an interview with HousingWire. Buyers seem like they can’t get a break,” Kechian said. “I I really think they had about three months last year where it was a buyers market in the fourth quarter.

Marketing 350

Marketing Inventory Loan Officers Buyers 350

Housing Wire

DECEMBER 16, 2022

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 market has now faced a contraction in existing-homes sales for nine consecutive months, while home prices and rates rise.

Buyers 463

Buyers Realtors Inventory Sellers 463

Housing Wire

DECEMBER 13, 2023

As 2023 winds to a close, so too does a brutal year for the housing market, a year marked by rising rates , steep home prices , scarce inventory and anemic mortgage originations, compared with the boom years of 2020 and 2021. percentage points in early December, when historically that spread has ranged between 1 to 2 percentage points.

Mortgage 328

Mortgage Marketing Investors Lending 328

Housing Wire

JANUARY 29, 2024

While Fannie Mae expects mortgage rates to drop to below 6% by the end of this year, the government-sponsored enterprise also forecasts that if there isn’t significant supply growth and buyer demographics remain strong, home prices will rise once again. How much will the inventory shortage contribute to the rise in home prices this year?

Housing Market 448

Housing Market Marketing Mortgage Investors 448

Eyes on Housing

FEBRUARY 18, 2022

Despite record-low inventory and higher prices, existing home sales jumped in January as buyers expected further rate increases and locked in current low rates, according to the National Association of Realtors (NAR). However, investors with all-cash offers were squeezing out first-time and young homebuyers.

Inventory 167

Inventory Realtors Investors Buyers 167

Housing Wire

SEPTEMBER 28, 2023

Mortgage rates climbed again this week as investors braced themselves for ‘higher-for-longer’ conditions following last week’s Fed meeting. However, unlike the turn of the millennium, house prices today are rising alongside mortgage rates, primarily due to low inventory. Additionally, the yield on 10-year treasuries shot up to 4.6%

Mortgage 431

Mortgage Inventory Sellers Investors 431

Housing Wire

MAY 24, 2023

The Federal Reserve ‘s monetary tightening policy and the recent banking crisis have the potential to change the mortgage-backed securities (MBS) market’s dynamics more than anything seen over the last two decades, according to secondary market experts. They are likely to be replaced by money managers as investors.

Marketing 319

Marketing Insurance Investors Mortgage 319

Housing Wire

APRIL 6, 2023

According to Freddie Mac ’s Primary Mortgage Market Survey, the 30-year fixed-rate mortgage declined to 6.28% as of April 4, down from 6.32% the previous week. Industry observers believe rates are trending down because of new data showing a weaker labor market. Buyer demand tends to be sensitive to mortgage rate changes.

Mortgage 457

Mortgage Investors Buyers Inventory 457

Housing Wire

FEBRUARY 23, 2024

Here are some charts reviewing today’s report with a host of data lines from the NAR existing home sales report: [link] A few critical glaring points: active inventory is still historically low, and so is monthly supply data. A few notes on the data above: obviously, distressed sales are not a thing and haven’t been for some time.

Inventory 425

Inventory Mortgage New Listings Marketing 425

Housing Wire

JULY 6, 2023

Mortgage rates jumped this week as investors grapple with persistent positive economic data and a hawkish Fed. The Freddie Mac’s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 6.81% as of July 6, up significantly from last week ’s 6.71%.

Mortgage 375

Mortgage Construction Inventory Investors 375

Housing Wire

DECEMBER 21, 2022

In addition, this is the fourth straight month of inventory declining, while days on the market are growingl! From NAR : “In essence, the residential real estate market was frozen in November, resembling the sales activity seen during the COVID-19 economic lockdowns in 2020,” said NAR Chief Economist Lawrence Yun.

Inventory 507

Inventory New Listings Housing Market Sellers 507