Housing Wire

NOVEMBER 30, 2023

in October on a month-over-month basis, according to data released Thursday by the National Association of Realtors (NAR). Historically high rates harmed the housing market in October Annualized existing home sales remained below 4 million in October, the lowest rate since 2010. down from 72.6 in September.

Housing Market 475

Housing Market Inventory Realtors Construction 475

Housing Wire

DECEMBER 3, 2020

1 midsized housing market to watch in 2020 , according to Zillow, because of its draw for young professionals, families, and retirees alike. The demand is clear — the Boise housing market has just 0.3 The demand is clear — the Boise housing market has just 0.3 Boise, Idaho was the No.

Marketing 532

Marketing Realty Realtors Housing Market 532

Housing Wire

JANUARY 3, 2023

according to data released last Wednesday by the National Association of Realtors. Falling home sales and construction have hurt broader economic activity.”. Yet, mortgage applications point to a thawing, but still cold, housing market as mortgage rates come down.”. On a month over month basis, all four of the major U.S.

Contracts 497

Contracts Housing Market Realtors Construction 497

Housing Wire

APRIL 9, 2024

A report released last week by the National Association of Realtors (NAR) said that Gen X homebuyers have a median income of $126,900, and are still years away from retirement. One analyst said that Gen X buyers are motivated to act now for aging-appropriate housing due to the state of the housing market. “If

Buyers 497

Buyers Construction Realtors Development 497

Housing Wire

JUNE 29, 2023

After holding steady month over month in April , pending home sales were back down again in May, dropping 2.7%, according to data released Thursday by the National Association of Realtors (NAR). Yun, however, is optimistic about the impact increased housing starts and homebuilder confidence will eventually have on housing inventory. “It

Contracts 365

Contracts Inventory Housing Market Realtors 365

Housing Wire

MARCH 8, 2024

Though all signs point to a cooling labor market overall, the economy picked up another 275,000 jobs in February. The jobs report on Friday is unlikely to convince the Fed that rate cuts are necessary when the Federal Open Markets Committee meets later this month, economists said. Job openings were essentially unchanged at 8.9

Transportation 445

Transportation Retail Housing Market Construction 445

Housing Wire

APRIL 14, 2023

This article is part of our 2023 Housing Market Forecast series. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the top predictions for this year, along with a roundtable discussion on how these insights apply to your business.

Realtors 427

Realtors Buyers Inventory Sellers 427

Housing Wire

JANUARY 19, 2024

Existing home sales dropped to their lowest level in nearly 30 years in 2023, according to a report from the National Association of Realtors (NAR), released Friday. Prospective homebuyers have been shut out of the market by a lack of inventory. If there had been more listings on the market in 2023, we would have had more home sales.”

Inventory 437

Inventory Realtors Housing Market Construction 437

Housing Wire

NOVEMBER 15, 2023

Although high mortgage rates, elevated home prices and limited housing inventory have crippled the 2023 housing market, the outlook for 2024 is brighter, according to Lawrence Yun, chief economist with the National Association of Realtors (NAR). “The bond market is forcing the Fed to pivot.”

Real Estate 454

Real Estate Inventory Sellers Realtors 454

Housing Wire

OCTOBER 26, 2023

in September despite significant affordability hurdles weighing on the market, according to data released Thursday by the National Association of Realtors (NAR). For those new construction units, the national median new home price is projected to drop by 5.9% Pending home sales ticked up 1.1% in September. increase in September.

Inventory 404

Inventory Contracts Housing Market Realtors 404

Housing Wire

FEBRUARY 27, 2023

January’s pending home sales picked up right where they left off in 2022, posting the second consecutive month of increases, according to data released Monday by the National Association of Realtors (NAR). Instead, expect a bumpy road on the way to a more normal housing market in 2023.” After posting a 2.5% in 2024 to $474,000.

Housing Market 427

Housing Market Realtors Contracts Buyers 427

Housing Wire

MARCH 21, 2023

economy and real estate markets, having worked at the National Association of Realtors and Move, Inc. before joining Realtor.com in 2021 where he led a team covering broader economic trends, housing activity and consumer issues. Speaking about the housing market, Ratiu cautioned that housing markets are constantly evolving.

Real Estate 383

Real Estate Real Estate Agent Housing Market Agents 383

Empire Appraisal Group

SEPTEMBER 8, 2022

Housing Market Collapse? Housing Market Collapse? Nowhere in Sight | Florida Realtors. The housing market has taken a few hits, such as a doubling of mortgage rates in 2022, but it remains solid even if legitimate news providers suggest doom and gloom. Housing Market Collapse?

Housing Market 78

Housing Market Marketing Real Estate New Listings 78

Housing Wire

OCTOBER 12, 2023

What is happening in the housing market ? If mortgage rates pass 8%, housing market activity will see a contraction, Sturtevant said. Lawrence Yun, chief economist with the National Association of Realtors , said in an emailed statement that inflation and interest rates will fall next year as rent growth slows.

Government 392

Government Housing Market Contracts Insurance 392

Housing Wire

JULY 27, 2023

After dropping slightly month over month in May , pending home sales ticked back up in June, rising 0.3%, according to data released Thursday by the National Association of Realtors (NAR). Home prices will be influenced by how much inventory is brought to market. Meanwhile, housing starts are forecast drop 5.3%

Construction 369

Construction Inventory Realtors Housing Market 369

Housing Wire

APRIL 20, 2023

monthly increase in February , breaking a year long streak of declines, existing home sales were back down again in March, according to a report from the National Association of Realtors (NAR), released Thursday. It’s a unique housing market.” In addition, 65% of homes sold in March were on the market for less than a month.

Inventory 382

Inventory Housing Market Realtors Mortgage 382

Housing Wire

OCTOBER 22, 2020

million, the National Association of Realtors said in a report on Thursday. Unsold inventory measured as a “months supply” number that gauges how long it would take to sell all the homes if nothing else came on the market, was 2.7 However, risk still remains in the market, said Ruben Gonzalez, chief economist at Keller Williams. “As

Inventory 529

Inventory Buyers Realtors Housing Market 529

Housing Wire

MAY 10, 2023

We know home price growth and rent growth have been decelerating, and prices and rents have even been falling in some markets,” Sturtevant said. Lawrence Yun , the National Association of Realtors ’ chief economist, took a stronger stance during the “Residential Economic Issues and Trends Forum” at NAR’s ongoing Legislative Meeting.

Housing Market 382

Housing Market Insurance Realtors Buyers 382

Housing Wire

DECEMBER 30, 2022

Mortgage demand picked up in recent weeks due to rates declining to 6% levels and a massive backlog of homes under construction, as mentioned by HousingWire ‘s lead analyst Logan Mohtashami in a recent column. At least not in the foreseeable future, unless another pandemic would create favorable conditions for the housing market.

Renovations 406

Renovations Realtors Construction Mortgage 406

Housing Wire

MARCH 25, 2021

The broader economy showed signs of recovery last week, pushing the average mortgage rate for a 30-year fixed loan up eight basis points to 3.17%, according to Freddie Mac ’s Primary Mortgage Market Survey. Even a slight quarter turn in rates will cause many borrowers to wait out the market. That’s a full 5% drop.

Mortgage 543

Mortgage Construction Realtors Inventory 543

Housing Wire

MARCH 29, 2023

Pending home sales rose for the third month in a row in February, but at 0.8%, the uptick over January was less than is typically seen in the run-up to the spring housing market. regions, but declined in the West, according to the National Association of Realtors. Month-over-month, contract signings increased in three U.S.

Contracts 304

Contracts Realtors Home Value Housing Market 304

Housing Wire

MAY 27, 2021

Mortgage rates have been hovering around 3% for over a month now, as macro economic factors left the bond market hesitant over the global recovery. Record low rates lit the fire under what was a scorching hot market in 2020 with some economists speculating rising rates may be the best option for cooling it back down.

Mortgage 462

Mortgage Inventory Housing Market Construction 462

Housing Wire

APRIL 1, 2024

While many proptech companies have struggled to adapt to the slower housing market conditions and challenging venture capital environment, Flyhomes is viewing this as a time to grow. This is just one more arrow in their quiver.”

Loan Officers 408

Loan Officers Clients Mortgage Construction 408

Housing Wire

FEBRUARY 1, 2023

High interest rates, coupled with a still-low supply of housing, have created price hurtles that are keeping many first-time homebuyers and lower-income borrowers locked out of the housing market. The National Association of Realtors (NAR) reports that existing-home sales dropped 17.8% in November, down from a 9.2%

Marketing 407

Marketing Government Mortgage Sellers 407

Housing Wire

MAY 25, 2022

While some buyers still enjoy finding their new construction home the old-fashioned way —spending a Saturday driving through neighborhoods — the National Association of Realtors (NAR) reports that 97% of homebuyers, regardless of age, use the internet in their home search.

Construction 454

Construction Real Estate Buyers Sellers 454

Housing Wire

JUNE 3, 2021

However, despite fluctuating sub-3% mortgage rates, borrowers are still competing in a supply strained and overheated market. Home prices continue to accelerate while inventory remains low and new home construction cannot happen fast enough,” said Sam Khater, Freddie Mac’s chief economist. from March to 5.85 from March to 5.85

Mortgage 365

Mortgage Inventory Construction Realtors 365

Housing Wire

AUGUST 10, 2023

In June, insurance giants State Farm and Allstate pulled out of California’s home insurance marketplace, citing mounting construction costs. The actions contributed to instability in the state’s insurance markets which could have significant implications for homebuyers.

Insurance 364

Insurance Construction Realtors Development 364

Housing Wire

SEPTEMBER 22, 2022

Mortgage rates, now around 6.5%, are cooling down the housing market and triggering mass layoffs in the mortgage and real estate industries. ” The Fed’s short-term rate does not directly impact long-term mortgage rates but it does steer market activity to create higher rates and reduce demand. year-over-year.

Mortgage 417

Mortgage Loan Officers Buyers Inventory 417

Housing Wire

APRIL 27, 2021

The move aligns with the current portfolio of Atlas Real Estate, a Denver-based company that reports managing more than 4,200 housing units in the aforementioned Mountain states. Also, less than a year ago JPMorgan Chase pledged $625 million to American Homes 4 Rent for construction of 2,500 single-family rentals in the Southeast and West.

Real Estate 370

Real Estate Renovations Inventory Retail 370

Housing Wire

SEPTEMBER 21, 2022

million, according to a report from the National Association of Realtors (NAR) released Wednesday. The housing sector is the most sensitive to and experiences the most immediate impacts from the Federal Reserve’s interest rate policy changes,” Lawrence Yun, NAR’s chief economist, said in a statement. month over month to 1.28

Inventory 370

Inventory Sellers Realtors Housing Market 370

Housing Wire

NOVEMBER 3, 2020

Home purchase demand managed to maintain pace through the summer, and now through the fall, as record low mortgage rates continued to encourage new borrowers to enter the market. Housing continues to be a bright spot during an otherwise challenging economic time for many U.S. Data from the National Association of Realtors and U.S.

Inventory 475

Inventory Housing Market Construction Marketing 475

Housing Wire

NOVEMBER 19, 2020

Now, these highly favorable mortgage rates are continuing to bring fresh buyers to the market, said National Association of Realtors chief economist, Lawrence Yun. October’s housing starts data from the Census Bureau revealed construction is attempting to keep up with that heightened demand as starts rose 4.9%

Mortgage 546

Mortgage Construction Valuation Buyers 546

Housing Wire

DECEMBER 28, 2021

In fact, Paradise’s housing market, though constrained by unresolved wildfire litigation and issues like proper home insurance, even has the high-demand, low inventory problems of most other U.S. We currently have about 33 stick and manufactured homes active on the market and 103 active lots.

Insurance 372

Insurance Realty Agents Construction 372

Housing Wire

APRIL 27, 2023

month-over-month decrease, according to data released Thursday by the National Association of Realtors (NAR). Sales of new homes are already matching 2019 pre-COVID activity and are expected to increase in 2023, largely due to plentiful inventory in this segment of the market.” year over year. year over year to 4.56

Inventory 426

Inventory Realtors Contracts Construction 426

Housing Wire

SEPTEMBER 23, 2021

financial markets,” said Sam Khater, Freddie Mac’s chief economist. Treasury bonds and mortgage backed securities only when substantial further progress is made in the labor market. “If The inventory situation is improving, with more new homes under construction and more homeowners listing their home for sale.”.

Mortgage 446

Mortgage Inventory Construction Technology 446

Housing Wire

MAY 14, 2024

While we took some heat from raising this issue at that time, the proposed realtor settlement could mean that this now becomes a reality on the ground. This would harm consumers by reduced competition, resulting in higher costs and fewer lender choices.

Sellers 326

Sellers Realty Insurance Realtors 326

Housing Wire

JUNE 22, 2021

million, the National Association of Realtors reported on Tuesday. The low amount of existing homes left on the market continued to experience overheated prices from consistent competition. The median existing-home price for all housing types in May was $350,300, up 23.6% The market’s outlook, however, is encouraging.

Inventory 417

Inventory Buyers Realtors Housing Market 417