Housing Wire

FEBRUARY 3, 2022

Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for this year, along with a roundtable discussion on how these insights apply to your business. What are the drivers of housing demand in 2022? 5 predictions for the 2022 housing market.

Housing Market 410

Housing Market Marketing Supply Chain Mortgage 410

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 496

Contracts Housing Market Realtors Construction 496

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 499

Buyers Construction Realtors Development 499

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 331

Contracts Inventory Housing Market Realtors 331

Housing Wire

MARCH 8, 2024

In February, employment continued to trend up in construction, adding 23,000 jobs month over month. The jobs report contains two conflicting implications for the housing market, according to Sturtevant. Lower rates this spring could give housing market demand a boost.” Job openings were essentially unchanged at 8.9

Transportation 436

Transportation Retail Housing Market Construction 436

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 425

Realtors Buyers Inventory Sellers 425

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 months worth of housing inventory, which is the lowest ever, the report from Keller Williams said.

Marketing 533

Marketing Realty Realtors Housing Market 533

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). In 2023, new-home sales are up 5% year to date, Yun said.

Real Estate 458

Real Estate Inventory Sellers Realtors 458

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% Lastly, they predict that housing starts will drop by 10.4%

Inventory 380

Inventory Contracts Housing Market Realtors 380

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. It requires economic and income growth and, most importantly, a steady buildup of home construction.” In 2023, 4.09 million units in December, down 1.0%

Inventory 435

Inventory Realtors Housing Market Construction 435

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.

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Housing Market Realtors Contracts Buyers 416

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 384

Real Estate Real Estate Agent Housing Market Agents 384

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.

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Government Housing Market Contracts Insurance 349

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 355

Construction Inventory Realtors Housing Market 355

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.” After posting a surprising 14.5% Existing home sales dropped 2.4%

Inventory 363

Inventory Housing Market Realtors Mortgage 363

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

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.

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Contracts Realtors Home Value Housing Market 297

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 397

Renovations Realtors Construction Mortgage 397

Housing Wire

MAY 10, 2023

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. According to Yun, the Fed’s rate hikes have hurt regional banks and the housing market. in 2023 before dropping below 6.0%

Housing Market 362

Housing Market Insurance Realtors Buyers 362

Housing Wire

OCTOBER 22, 2020

million, the National Association of Realtors said in a report on Thursday. The primary constraint to even more sales is the plummeting inventory of homes on the market, which is leading to bidding wars and spikes in home prices across the country. Sales of existing homes took off in September, jumping 9.4%

Inventory 530

Inventory Buyers Realtors Housing Market 530

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 445

Construction Real Estate Buyers Sellers 445

Housing Wire

MARCH 25, 2021

Many economists speculate rising rates will be the key to quelling construction woes, even if it does eventually take a slight toll on demand. Even a slight quarter turn in rates will cause many borrowers to wait out the market. million, according to the National Association of Realtors. That’s a full 5% drop.

Mortgage 542

Mortgage Construction Realtors Inventory 542

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 372

Loan Officers Clients Mortgage Construction 372

Housing Wire

MAY 27, 2021

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. Whether lenders want to lower costs or improve performance, outsourcing can strengthen a company’s operations regardless of the housing market.

Mortgage 466

Mortgage Inventory Housing Market Construction 466

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 366

Inventory Sellers Realtors Housing Market 366

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 dropping 4.4%

Mortgage 331

Mortgage Inventory Construction Realtors 331

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.

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Insurance Construction Realtors Development 327

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. We do not see new construction returning in a meaningful way any time soon. Our macro-outlook is that demand for housing will remain out of balance with supply for the mid to long term.

Mortgage 416

Mortgage Loan Officers Buyers Inventory 416

Housing Wire

APRIL 27, 2023

month-over-month decrease, according to data released Thursday by the National Association of Realtors (NAR). In the new construction sector , NAR predicts sales to increase 4.5% For the first time since November 2022, pending home sales fell in March, posting a 5.2% year over year. year over year to 4.56 million for all of 2023.

Inventory 412

Inventory Realtors Contracts Construction 412

Housing Wire

APRIL 27, 2021

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. These company’s plans to build or refurbish, and then rent single-family homes comes amid a sharply imbalanced housing market in which supply is not meeting demand.

Real Estate 364

Real Estate Renovations Inventory Retail 364

Housing Wire

SEPTEMBER 23, 2021

Meanwhile, the housing market continues to lure buyers seeking their dream home as well as those looking to reduce their monthly payments through a mortgage refinancing. Housing demand is strong heading into the fall, despite fast-rising home prices and low inventory,” said Kan. Mortgage loan application volume grew by 4.9%

Mortgage 450

Mortgage Inventory Construction Technology 450

Housing Wire

DECEMBER 13, 2023

Home starts forecasts, meanwhile, don’t offer much certainty about the pace of construction next year. Among all the experts’ forecasts for 2024, there is no number more tightly watched than mortgage rates, as those rates will undoubtedly impact sales, prices and construction as well.

Inventory 466

Inventory Construction Mortgage Buyers 466

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

NOVEMBER 3, 2020

Data from the National Association of Realtors and U.S. COVID has contributed to the acute shortage of inventory as the pace of new construction slowed and older prospective sellers postponed listing their homes until after the pandemic.

Inventory 477

Inventory Housing Market Construction Realtors 477

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. Those prices are higher than the national median home price of $357,000 as of November, per the National Association of Realtors.

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Insurance Realty Agents Construction 330

Lamacchia Realty

APRIL 6, 2022

has released their “Top Producing REALTORS®,” for March 2022! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Lamacchia Realty, Inc. Kelly joined the 2021 Lamacchia Realty President’s Club for the first time !

Realtors 69

Realtors Realty Real Estate Agents 69

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. While builders rush to construct these homes on the thousands of lots already purchased, existing homes may have a chance to enter the market.

Inventory 414

Inventory Buyers Realtors Housing Market 414