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 479

Buyers Realtors Inventory Sellers 479

Housing Wire

MAY 24, 2023

“Investors remained attuned to the uncertainty around the U.S. “Investors remained attuned to the uncertainty around the U.S. The housing market received positive data on new residential construction – which is seen as a key solution to the lack of housing inventory,” Kan added.

Mortgage 384

Mortgage Inventory Retail Housing Market 384

Housing Wire

NOVEMBER 29, 2021

From the National Association of Realtors : “The Pending Home Sales Index (PHSI), a forward-looking indicator of home sales based on contract signings, rose 7.5% An index of 100 is equal to the level of contract activity in 2001.” When inventory rises and more supply is on the market, this means demand is fading.

Inventory 530

Inventory Contracts Training Investors 530

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. Non-QM mortgages include loans that cannot be purchased by Fannie Mae or Freddie Mac.

Marketing 432

Marketing Mortgage Investors Sellers 432

Housing Wire

FEBRUARY 2, 2022

The trade group estimates that the average contract 30-year fixed-rate mortgage for conforming loans ($647,200 or less) increased to 3.75% from 3.72% the week prior. Stubbornly low inventory levels and swift home-price growth continue to push average loan sizes higher,” Kan said. Presented by: Equifax.

Mortgage 410

Mortgage Contracts Inventory Investors 410

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.

Mortgage 409

Mortgage Marketing Investors Lending 409

Housing Wire

FEBRUARY 18, 2022

Homebuyers flocked to what little inventory existed in January, with existing-home sales rising 6.7% months of supply; a healthy market generally has between four and six months of supply. Homes went under contract in just 19 days on average, down from 21 a year ago. January sales fell 2.3% That translates to just 1.6

Supply Chain 410

Supply Chain Inventory Buyers Contracts 410

Housing Wire

MARCH 5, 2024

“ Recovery year ” was the theme heading into 2024 as mortgage professionals hoped for some reprieve in a frozen housing market characterized by high interest rates, low inventory levels and sluggish sales. Market their listings; go to their listings. economy remains hot.

Loan Officers 421

Loan Officers Mortgage Buyers Inventory 421

Birmingham Appraisal

MAY 11, 2022

So How’s The Birmingham Housing Market? We’ll take a look at some key metrics including sales volume, median sales price trends, days on market, the sale price to list price ratio, active listings, and months of supply. Median home prices continue to rise as a result of high demand and limited inventory.

Housing Market 52

Housing Market Marketing Inventory Buyers 52

Housing Wire

JULY 12, 2022

Dubbed “Lock & Shop,” the product, rolled out in mid-June, has two terms: the 75-day lock, which gives borrowers 45 days to shop and 30 days to close the contract; or the 90-day lock, giving customers 60 days to find a home and 30 days to complete the contract. . The product also allows a one-time float down if rates decline.

Mortgage 384

Mortgage Contracts Valuation Marketing 384

Hank Miller Team

OCTOBER 6, 2022

Attention media Please stop; the greater Atlanta housing market was just fine in the 3rd Qtr of 2022. The Atlanta housing market in Q3 2022 did not melt down. Atlanta Housing Market in Q3 2022 Let’s have a look at factual data. We examine list price, contract price and sold price.

Supply Chain 52

Supply Chain Contracts Housing Market Inventory 52

Housing Wire

AUGUST 7, 2023

As a result, the available inventory of homes for sale is slightly higher each week. With fewer transactions, inventory is building just a bit as we approach the end of the summer. When will inventory peak for the year? Inventory Inventory is still climbing just a bit each week as we approach the end of the season.

Inventory 369

Inventory New Listings Contracts Buyers 369

Housing Wire

APRIL 3, 2023

Reffkin has set the ambitious goal for Compass, the largest brokerage in America by sales volume , to be cash flow–positive by the end of June, even amid the biggest housing market slowdown in years. This meant slowing growth or contraction at a lot of previously high-flying proptech companies.

Brokerage 396

Brokerage Real Estate Housing Market Business 396

Housing Wire

JANUARY 19, 2023

While home prices have started to inch down, more inventory is needed for a balanced housing market, the Federal Reserve Beige Book said. Housing markets continued to weaken, with sales and construction declining across [all 12 Federal Reserve] districts,” according to the Federal Reserve Beige Book released on Wednesday.

Inventory 421

Inventory Housing Market Marketing Construction 421

Listing Spark

OCTOBER 13, 2022

Is that the case for all major Texas housing markets? What should they expect in this housing market? We’ll dive into the state of the Texas real estate market with Real Estate Real Fast host Aaron Jistel. 00:02:50] Peaking into the Fall 2022 Austin housing market. And housing prices are still up! “In

Housing Market 36

Housing Market Real Estate Marketing Buyers 36

Houston Properties

JANUARY 13, 2021

Houston Housing Market Forecast: Current Data & 2021 Predictions. Concerned about a housing market crash? SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. Properties are still going under contract. Worried about missing out on a boom?

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Housing Wire

FEBRUARY 7, 2023

And many buyers are waiting on the sidelines, paralyzed by low housing inventory and high rates. CMS is going heavy on a rarely used mortgage product to solve this market problem. The product, known as an assumable mortgage, is not new. In fact, it was fairly common a few decades ago.

Mortgage 384

Mortgage Loan Officers Government Buyers 384

Appraisal Today

MARCH 8, 2024

I’m always looking for something new = Shifting Tides in the Housing Market: A February 2024 Perspective By Kevin Hecht Excerpts: As we navigate through the early months of 2024, the U.S. housing market presents a landscape of contrasts and evolving dynamics. Is The Housing Market OK? by year-end.

Appraisal 83

Appraisal Contracts Real Estate Housing Market 83

Housing Wire

JANUARY 19, 2024

Remember, with median sales prices and inventory, it’s very seasonal. However, remember, the dive in inventory is normal at this time of the year. 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.

Housing Market 473

Housing Market Inventory Contracts Marketing 473

Housing Wire

OCTOBER 21, 2020

The housing market faced a lot of uncertainty when COVID-19 caused the real estate industry to pause under shut-downs, but low interest rates and the desire for more space has turned this year into a boom time for real estate agents. Lovern was actually on maternity leave at that time when open houses and contracts were paused. “In

Housing Market 545

Housing Market Marketing Real Estate Agent Real Estate 545

Appraisal Today

DECEMBER 8, 2023

The last unit they bought was in mid-2022 as far as I can tell… To read more, plus the 45+ appraiser comments, Click Here Investor Home Purchases Are Down Over 40% in Sun Belt Pandemic. Investor purchases of U.S. That’s partly because sale-price data is a lagging indicator, reflecting deals that went under contract a month or two ago.

Appraisal 67

Appraisal Real Estate Contracts Design 67

Housing Wire

JANUARY 9, 2023

One slice of the single-family home market that has gained traction over the past year in a topsy-turvy housing landscape is the build-for-rent sector — or BFR. Single-family homebuilders, too, are looking to capitalize on the build-for-rent market, with Lennar Corp., Investor purchases slumped 26.1% metro areas.

Housing Market 545

Housing Market Marketing Construction Development 545

Appraisal Today

JUNE 17, 2022

NOTE: Please scroll down to read the other topics in this long blog post on real estate market, USPAP and contracts, unusual homes, mortgage origination stats, etc. ==. My Comments on Market Changes. All cash and investors. YOU MUST KNOW YOUR MARKET TRENDS. USPAP and the Contract. How many offers.

Appraisal 52

Appraisal Contracts Real Estate Mortgage 52

Housing Wire

AUGUST 24, 2023

Mortgage rate shot up again last week as the bond market continues to grapple with a growing economy in the run up to the next Federal Open Market Committee meeting. Investors are concerned that the central bank will continue raising the funds rate, pushing borrowing costs even higher. What does it mean for the housing market ?

Mortgage 370

Mortgage Property Taxes Investors Buyers 370

Housing Wire

JULY 17, 2023

housing market could have a soft landing in 2023. The market was roaring — way too hot — with bidding wars, speculators and investors who thought they couldn’t lose. By October 2022, it looked like 2023 would have rising inventory and falling home prices. Inventory has fallen all year. There was no crash.

Real Estate 369

Real Estate Marketing Inventory Contracts 369

Housing Wire

MAY 24, 2022

A lot of the housing data was lagging the rate move, so it wasn’t apparent that higher rates impacted the data yet. Going back to the summer of 2020, the one factor that I said could change the housing market was the 10-year yield getting above 1.94%. However, the housing market changed once the 10-year yield broke over 1.94%.

Housing Market 397

Housing Market Inventory Construction Marketing 397

Housing Wire

AUGUST 3, 2022

Treasury yields dropped as a result, as investors continue to expect a weaker macroeconomic environment in the coming months.”. The average contract 30-year fixed-rate mortgage for conforming loans ($647,200 or less) decreased to 5.43%, from the previous week’s 5.74%, the largest weekly decline since 2020. the previous week to 30.8%

Mortgage 384

Mortgage Inventory Retail Contracts 384

Patch of Land

SEPTEMBER 14, 2018

The truth is that today’s fix-and-flip residential housing market is far broader than that. In fact, savvy real estate investors don’t even have to shop around for the right house to buy, rip up flooring, paint or even break a sweat to make money in residential real estate. Sign the Investor Agreement electronically.

Renovations 28

Renovations Real Estate Investors Investing 28

Housing Wire

OCTOBER 26, 2022

The slower sales pace meant that inventory was back up in September. “Just six months ago, when rates were around 3%, that same house would have had a monthly payment of just $1,900. That is an extra $1,000 a month that families now have to put toward housing that they don’t have available to spend on other things.”

Inventory 370

Inventory Contracts Buyers Investors 370

Patch of Land

OCTOBER 16, 2018

The question is: how should this affect your expectations as a house flipping investor? Does a Slowdown in Housing Mean Less Profits as a House Flipper? If that’s the case, I think what it might do is cause inventories to rise modestly and home price growth to slow.

Investing 45

Investing Inventory Housing Market Contracts 45

Appraisal Today

AUGUST 5, 2022

The housing market is cooling-off. As housing demand wanes due to rising mortgage rates and high home prices, the housing market has likely started to balance out. You can clearly see that inventory is increasing as the number of active listings is growing, and we are not finished with July. percent from 5.74

Appraisal 59

Appraisal Valuation Contracts Modernization 59

Housing Wire

SEPTEMBER 14, 2022

The economic standoff between rising inflation and rising interest rates continues to weaken the housing market nationwide, with home sales falling across all 12 Federal Reserve districts, according to the Fed’s latest Beige Book report. Richmond — Residential real estate market activity declined moderately this period.

Construction 370

Construction Real Estate Inventory Supply Chain 370

Cleveland Appraisal Blog

MARCH 18, 2021

The property had been purchased for a price in the mid 50’s by an investor, two months prior to my appraisal. I was told by the investors, in an email that they sent me, that since they purchased the property two months ago, they updated the kitchen and bathroom, installed new flooring, a new furnace, and a new roof.

Appraisal 195

Appraisal Investors Buyers Market Value 195

The Robert Weiler Company

SEPTEMBER 7, 2022

Reports have revealed a strong land market. And undeveloped land is increasingly attractive for investors after favorable reports from the Ohio REALTORS®. Our land brokers anticipate steady demand from land buyers, other CRE investors, land developers, and tenants in Ohio, Central Ohio, and Columbus, Ohio.

Marketing 78

Marketing Real Estate Investing Retail 78

Miller Samuel

MARCH 19, 2019

A large swath of high-end condo market activity of the past five years are non-primary residences which include pieds-a-terres but most are investor purchases that are subsequently rented after the unit closes when construction was completed. That article came out in 2014 right as the housing market was peaking.

Real Estate 370

Real Estate Law Development Investors 370

Will Springer Realtor

DECEMBER 12, 2023

The Seattle area housing market right now reads like a mystery novel with half the pages missing. Similarly, the single-family-home market is weak (if not bleak), with new listings down 29% (1128), Active home listings (as of Dec. Notably, the Eastside saw a 25% decline in Pending sales (homes under contract) but are still 9.2%

Housing Market 42

Housing Market Marketing New Listings Buyers 42

Housing Wire

APRIL 21, 2022

“I don’t know if these companies can steward housing beyond pilot projects,” said Tyler Pullen, a researcher at the Terner Center for Housing Innovation at the University of California-Berkeley. All of their material seems more geared toward investor pitches and media buzz generation.”. 3-D home printing companies.

Construction 397

Construction Supply Chain Investors Business 397