Inman

OCTOBER 19, 2023

Homebuyers are backing away from the market as mortgage rates continue to climb. But new listings aren't declining as quickly, Redfin reports.

New Listings 184

New Listings Buyers Marketing Mortgage 184

Housing Wire

FEBRUARY 14, 2024

The housing market is heating up as the spring buying season approaches. Well-priced homes are selling fast, often within 29 days, and that time frame is bound to shorten as the shopping season opens, according to Zillow ’s January market report. In January, one in five houses listed on Zillow included a price cut.

New Listings 401

New Listings Sellers Housing Market Buyers 401

Housing Wire

MAY 4, 2023

A paradoxical picture is emerging as the spring market is underway. On the one hand, elevated mortgage rates continue to erode buyers’ purchasing power, and in some markets, home prices are falling. All major housing market metrics point to a restrained housing market. Buyer disappointment.

Housing Market 411

Housing Market Marketing Inventory Buyers 411

Housing Wire

NOVEMBER 29, 2023

In the ever-competitive real estate market, creating a consistent flow of real estate buyer leads is strategy for success. But beyond first-timers, we’ll show you how to attract real estate buyers of all kinds through a multi-tiered marketing approach that boosts both your visibility and credibility with potential buyers.

Real Estate 396

Real Estate Buyers Tools Real Estate Agent 396

Housing Wire

MARCH 6, 2024

Armed with data from HousingWire sister company Altos Research , we can see in minute detail how the housing market responded to the recent 7%-and-higher rate environment and what the market may see again soon. Bad for sellers Prospective home sellers may not notice incremental changes in mortgage rates.

Mortgage 421

Mortgage Sellers New Listings Buyers 421

Housing Wire

MAY 3, 2024

As the spring selling season kicks off, many educated sellers know that buyers are experiencing spring fever and are tired of sitting on the fence watching home prices increase. In Denver in particular, new listings increased 29.12% month-over-month and 22.63% year-over-year. With only 1.3

Inventory 354

Inventory Lending Real Estate Housing Market 354

Housing Wire

APRIL 19, 2024

Redfin defined luxury homes as those estimated to be in the top 5% of their metro area based on market value, while non-luxury homes are those with estimated values in the 35th to 65th percentile. High-end buyers tend to be more immune to mortgage rate fluctuations and flock to the luxury housing market. year over year.

Luxury Properties 445

Luxury Properties New Listings Buyers Housing Market 445

Housing Wire

APRIL 30, 2023

The spring housing market music is playing, and purchase application data and active listing inventory rose together last week. Here’s a quick rundown of the last week: Active listing rose 8,260 week to week, down a bit from last week’s gain, but I’m not complaining — anything on the plus side is positive.

Inventory 516

Inventory Housing Market Marketing New Listings 516

Housing Wire

MAY 8, 2024

Since most sellers are buyers, inventory should be stable if demand is stable. On top of more legitimate buyers, we fixed the credit markets, meaning housing credit looks fantastic. So you can see why we have so few stressed sellers. Demographics also play a role here.

Inventory 461

Inventory Law New Listings Sellers 461

Housing Wire

APRIL 5, 2022

New listings have not kept up with the large number of families looking to buy, leading to homes selling quickly and often above list price,” Nothaft said. This imbalance between an insufficient number of owners looking to sell relative to buyers searching for a home has led to the record appreciation of the past 12 months.

Sellers 450

Sellers Inventory New Listings Real Estate 450

Housing Wire

FEBRUARY 26, 2024

Before the new law was enforced, many condo associations were investing their reserves in government-insured instruments, sacrificing their liquidity to generate a return. As a result, new condo listings are flooding the market in Florida as sellers try to unload their properties at a discount.

HOA 476

HOA Law Insurance New Listings 476

Housing Wire

APRIL 15, 2024

Competition in the housing market is heating up heading into May and June. metros, with coastal California cities and Seattle leading the charge in monthly home value growth, according to Zillow’s newest market report. These metros also continue to grapple with below-average inventory recovery, maintaining pressure on buyers.

Housing Market 418

Housing Market Inventory Buyers New Listings 418

Housing Wire

DECEMBER 3, 2020

Total home sales are outpacing new listings by a wide margin every month, and real estate tech company Homesnap foresees the shortage continuing in 2021 unless more sellers enter the market. The divide between supply and demand is striking: compared to last year, total new listings increased.22%,

Inventory 546

Inventory Housing Market Marketing New Listings 546

Housing Wire

DECEMBER 7, 2022

Now, with five weeks of data in front of us, we can say they have stabilized the market. These were forced credit sellers, which means these sellers don’t sell to buy a home like a traditional seller does. Since they were distressed forced sellers, inventory skyrocketed in 2006 and stayed very elevated in 2007 and 2008.

Housing Market 544

Housing Market Mortgage Marketing Inventory 544

Housing Wire

FEBRUARY 27, 2023

We created the weekly Housing Market Tracker because housing data has been so wild since 2020. The housing market madness persisted last week as inventory fell and higher mortgage rates took a bigger bite out of purchase application data. A traditional seller is a conventional buyer most of the time.

Housing Market 433

Housing Market Marketing Inventory New Listings 433

Housing Wire

DECEMBER 14, 2023

Mortgage rates fell below the 7% threshold this week as markets prepared for Federal Reserve Chairman Jerome Powell’s announcement on Wednesday. 14, according to Freddie Mac ‘s Primary Mortgage Market Survey. Meanwhile, new listing activity also inched up slightly in recent weeks, another good sign for homebuyers who have more options.

Mortgage 477

Mortgage New Listings Loan Officers Inventory 477

Housing Wire

JUNE 25, 2023

However, the real positive story here is that even with new listing data trending at an all-time low, we are getting the growth in active listings we traditionally see in the spring and summer. In addition, new listing data turned negative year over year after the second half of 2022.

Inventory 404

Inventory Housing Market Marketing New Listings 404

Housing Wire

JULY 2, 2023

We have often discussed that the housing market dynamics changed starting Nov. The other big story with housing inventory is that new listing data has been trending negative year over year since the end of June 2022. We had new listings growth from 2021 to 2022, but that’s not the case this year.

Inventory 450

Inventory Housing Market Marketing New Listings 450

Housing Wire

NOVEMBER 18, 2022

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. I cheer because the savagely unhealthy housing market theme I talked about back in February of this year was the same premise of the housing reset talking point the Federal Reserve uses.

Inventory 464

Inventory Marketing Housing Market New Listings 464

Housing Wire

MARCH 2, 2024

Let’s take a look at the inventory data this year to test this premise, since for many months it has been a working theory of mine that new listings data behavior last year marked a bottom and even going into 2024 we should see more sellers. Here is a look at inventory last week: Weekly inventory change (Feb.

Inventory 532

Inventory Mortgage New Listings Housing Market 532

Housing Wire

SEPTEMBER 13, 2022

Typically we have a natural set of new listings each year; inventory rises in the spring and summer and then falls in the fall and winter. It wasn’t the rate move that caught my attention — it was the new listing data. As you can see below, that sharp move to 6.25% caused new listing data to stall at first.

Mortgage 516

Mortgage Inventory New Listings Sellers 516

Inman

MAY 10, 2023

A "drought" of new listings is driving up prices, reversing the sluggishness of late 2022 and forcing buyers to compete fiercely for homes, according to a new analysis from Zillow.

Buyers 164

Buyers Inventory New Listings Marketing 164

Housing Wire

APRIL 18, 2024

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. million active listings per the last report, we have 526,000 per our last Housing Market Tracker article. NAR: Total existing-home sales receded 4.3% million in March.

Inventory 483

Inventory Housing Market New Listings Buyers 483

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 524

Inventory New Listings Housing Market Sellers 524

Inman

APRIL 4, 2024

Rising mortgage rates thwarted the first weeks of the spring market, according to a Redfin housing report published on Thursday. Homesellers pulled back during the four weeks ending March 31, leading new listing growth to experience the smallest annual increase in seven weeks (+8.4 percent).

New Listings 176

New Listings Marketing Mortgage Sellers 176

Housing Wire

NOVEMBER 25, 2023

Lower mortgage rates tend to take housing supply off the market and demand has been picking up lately as rates have fallen. Instead, let’s look at the future: If the 10-year yield can break under 4.34% with some kick from bond buyers, we have an excellent shot at getting under 7%. Weekly inventory change (Nov.

Inventory 534

Inventory Mortgage New Listings Buyers 534

Housing Wire

DECEMBER 9, 2023

Naturally, some people thought home prices would crash in 2023 as many market players said prices always follow volume. What 2023 data has shown me is that even with mortgage rates heading toward 8%, new listings data didn’t take a new leg lower — it stayed remarkably consistent all year long.

Mortgage 530

Mortgage Inventory New Listings Sellers 530

Housing Wire

JANUARY 9, 2023

The housing market saw inventory fall 4% last week from the week before. Traditionally, we do see housing inventory fall in the month of December, however, we clearly saw in the second half of 2022 that higher rates created more days on the market and inventory was lingering longer. That’s a big one-week change.

Inventory 539

Inventory Housing Market Marketing New Listings 539

Housing Wire

MARCH 6, 2023

Growing supply shortages are holding housing prices higher, and affordability constraints coupled with elevated rates lock potential sellers in place. in recent months due to a combination of falling demand and a weakening inflow of new listings. Months of supply stagnated at about 3.1 In 2022, about $2.4 trillion in 2021.

Housing Market 392

Housing Market Marketing Inventory Sellers 392

Housing Wire

OCTOBER 24, 2022

In May, I wrote about the signs to watch for a real estate market slowdown. The price of new listings is dropping. But it’s clear that the dramatic shift in the market is about more than just seasonal fluctuations. Home buyers got spooked when mortgage rates passed 5.5%. More homes are taking price reductions.

Real Estate 318

Real Estate Marketing Inventory Sellers 318

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 Year over year , Compass gained 26 basis points of market share, bringing its total share of home sales in Q1 2024 to 4.76%.

Agents 382

Agents Brokerage Real Estate Clients 382

Housing Wire

JANUARY 10, 2024

You’re excited to get your next listing on the market, but now you’re feeling the pressure to do an amazing job for your sellers, who have put their trust in you and are excited about making a move. It can net your seller thousands or tens of thousands more when you do this right! Make sure both places shine.

Sellers 390

Sellers Inspection Agents Clients 390

Housing Wire

MARCH 19, 2023

The housing market was crazy again last week. New listing data collapsed, but we are putting an asterisk on that data line for this week. This assumes the spreads are wide as the mortgage-back securities market is still very stressed. This bond market is screaming at the Fed to cut rates.

Housing Market 381

Housing Market Marketing Inventory New Listings 381

Housing Wire

JANUARY 16, 2023

The weekly data shows some good news for the housing market ! With mortgage rates also falling, I am hopeful that more people will list their homes and buy another, so we can get back to a more functional housing market. This is good news for the housing market. Same week last year: (Jan.

Inventory 531

Inventory Housing Market Marketing Mortgage 531

Housing Wire

FEBRUARY 6, 2023

Let’s dive into the trend lines of the housing market. The show-me part of the housing market starts with this bounce from an extreme bottom. However, we are going to see if 6% mortgage rates are good enough to create some growth in the future or if the housing market needs rates near 5%. Weekly inventory change (Jan.

Inventory 455

Inventory Housing Market Marketing New Listings 455

Housing Wire

APRIL 22, 2024

I can also provide expert advice about renovations and the potential return on investment — where to get the biggest bang for your buck — or simply answer any questions you have about the market. You’ll want to include the list price, sale price, and days on market. We negotiated to get the sellers the highest price possible.

Real Estate 382

Real Estate Open Houses Brokerage Real Estate Agent 382

Housing Wire

NOVEMBER 9, 2022

But I need to explain why this level has more in common with 2014 housing data than the credit stress markets of 2005-2008, and why you should care. Understanding this data line and what it is trying to tell you will be more valuable than erroneously thinking the market is crashing and we’ll see a wave of foreclosures.

New Listings 487

New Listings Inventory Housing Market Sellers 487