Housing Wire

MARCH 11, 2024

Last fall when people were still expecting mortgage rates to be falling this year, it was common to assume rates would be in the low 6s or 5s this year and people asked me if lower rates would bring a flood of inventory. The only way inventory would grow in 2024 is if mortgage rates climbed. But the evidence is the opposite.

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Housing Wire

NOVEMBER 14, 2023

As 2023 draws to a close soon, housing inventory has been rising very late in the year. Watch the weekly housing market recap video above to get the latest housing market data download from Altos Research. Remember the Altos rule: If rates go up, inventory will build in 2024.

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Housing Wire

JANUARY 16, 2024

real estate housing market signals have been gradually building for a couple of months. Home sellers are starting to ease back into the market, new listings are finally exceeding the levels of a year ago. As a result, we’re starting to see slightly more available supply of homes on the market. That’s a 1.2%

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Housing Wire

NOVEMBER 20, 2023

Last week, I asserted that housing inventory growth had finished for the year. This week, the available inventory of unsold single-family homes crept up minimally. It looks like this is evidence that housing markets are returning to normal rather than a case of sellers panicking, but it’s worth keeping an eye on.

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Birmingham Appraisal

FEBRUARY 6, 2024

Unlocking the Basics: Part 2 of Housing Statistics for Beginners In my last blog post, which was the first installment in this multi-part series, I discussed why it is important for agents to be aware of local housing statistics. We all know that the three most important factors in real estate are location, location, and location.

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Housing Wire

FEBRUARY 12, 2024

Each week — for several months now — inventory levels of unsold homes on the market has been expanding compared to last year. Even as inventory declined this week, it’s relatively growing compared to a year ago. This week, inventory fell by half a percent. Sellers are coming back to this housing market.

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McKissock

MARCH 3, 2023

Early signs of a housing market rebound are halted by rising interest rates. Download Fannie Mae’s “Announcement SEL-2023-02: Selling Guide Updates” here. ” Get HouseCanary’s February Market Pulse report here. ” Get HouseCanary’s February Market Pulse report here.

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McKissock

MARCH 3, 2023

Early signs of a housing market rebound are halted by rising interest rates. Download Fannie Mae’s “Announcement SEL-2023-02: Selling Guide Updates” here. ” Get HouseCanary’s February Market Pulse report here. ” Get HouseCanary’s February Market Pulse report here.

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McKissock

MARCH 3, 2023

Early signs of a housing market rebound are halted by rising interest rates. Download Fannie Mae’s “Announcement SEL-2023-02: Selling Guide Updates” here. ” Get HouseCanary’s February Market Pulse report here. ” Get HouseCanary’s February Market Pulse report here.

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Cleveland Appraisal Blog

JUNE 10, 2021

Then it gives the person the option of downloading my contact information right into their device. Another one I use is on the first page of my website at www.aspenappraisalservices.net , I have an icon that anyone can click on and download my contact information. Is the housing market starting to slow?

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Housing Wire

FEBRUARY 20, 2024

Inventory is climbing vs. last year, and home prices have stayed flat for three weeks now. And as demand slows, inventory grows. Inventory is up over last year and is about to turn the corner and start climbing for the spring selling season, probably within a couple weeks. Is it too much inventory?

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Housing Wire

DECEMBER 19, 2023

The defining characteristic of the 2023 housing market has been dramatically fewer home sellers than any recent year. The inventory picture There are now 539,000 single-family homes on the market unsold, which is up 3.2% Housing inventory climbed late in the year as mortgage rates rose. We had 37.6%

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Cornerstone

APRIL 30, 2021

Download the infographic here. The fact that housing inventory is at record lows has driven up prices – and potential profits — by 14.1 Compared to the bubble seen a decade before, housing demand is legitimately strong, and inventory is very limited. Reading Time: 3 minutes. percent from the year before.

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Housing Wire

JANUARY 8, 2024

Could the housing market change and slow again in 2024? The data does not show any slowing on any of the active market metrics. Inventory is inching up. Sellers are coming back There are 499,000 single-family homes unsold on the market now. Each week, inventory is increasing just a bit relative to last year.

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Housing Wire

JANUARY 22, 2024

For several weeks, I’ve been reporting data that shows the housing market growing in 2024. California escaped the deep freeze last week and the housing market seems to have stayed on the recent pattern with new listings growth and continued sales growth. That’s 7% more homes on the market than last year at this time.

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Housing Wire

FEBRUARY 26, 2024

Inventory is rising across the country as home-buying affordability takes another hit. As demand slows, inventory grows. As a result, inventory is higher and future sales price indicators are also softer than they were a year ago. The housing market data has been changing very rapidly this year.

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Cornerstone

JULY 1, 2021

Download the infographic here. Here’s an overview of why selling your house now may be optimal: Because inventory is so tight and demand is so high, buyers are competing for limited listings as homes fly off the market. Reading Time: 3 minutes. Short supply supports listing sooner.

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Housing Wire

DECEMBER 11, 2023

Watch the video above to get the latest housing market update from Altos Research. Inventory is declining for the holidays There are now 546,000 single-family homes on the market. Inventory is finally declining for the holidays. There are 2% more homes on the market now than last year at this time.

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Housing Wire

JANUARY 29, 2024

We shared that sales growth data back in December as it was happening in the housing market. One reason the housing market can grow this year, is because we’re coming off such a very low base. Inventory falls slightly When I say inventory would fall with falling mortgage rates here’s what I mean.

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Housing Wire

FEBRUARY 5, 2024

As mortgage rates remain higher than last year, inventory is higher than last year as well. Higher rates equals higher inventory. Lower rates equals lower inventory. Spring buyers’ market It’s the spring buyers market and inventory is falling each week. more homes on the market now than last year.

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Housing Wire

DECEMBER 29, 2023

After nearly two years of trudging through a frozen housing market , the consensus among mortgage professionals is that the worst of it is over. At the end of the day if mortgage rates come down, I don’t just think that’s gonna solve the inventory problem right away,” said Ben Cohen, managing director at Guaranteed Rate.

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Assurance Financial

DECEMBER 20, 2021

Downloadable Guides. Click here to download the file. Click here to download the file. When planning to downsize, knowing the housing market situation is essential. This seller’s market means you will have more power in selling your current home. First-Time Homebuyer Guide. contact-form-7].

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Assurance Financial

MAY 10, 2022

During home shopping, most homebuyers want to know whether the current housing market is a seller’s market or a buyer’s market, along with how to get a good deal in a seller’s market. Buyer’s vs. Seller’s Market. These terms mean that the market either favors buyers or sellers.

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Appraisal Today

AUGUST 5, 2022

If you don’t have time to watch the video, download the presentation slides and scroll through to see if there is anything you want to know about. 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.

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McKissock

DECEMBER 28, 2021

Housing market trends for 2022. While 2022 is expected to continue to be a good year for the housing market, it will not be as exceptional as 2021,” predicts Jo Traut, appraisal curriculum and content specialist at McKissock Learning. Related reading: Check out our roundup of Housing Market Predictions for 2022. “We

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Cornerstone

JANUARY 19, 2021

Download the infographic here. These are the highlights: The expert outlook on the 2021 housing market is optimistic. Mortgage rates are expected to stay low, and increased buyer demand is anticipated to spur more home sales and keep driving up housing prices. What will the 2021 housing market look like?

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Cornerstone

JUNE 1, 2021

.” Yun said this in response to the high homebuyer demand and rising housing prices we’re currently seeing — which he blamed simply on a shortage of inventory. The housing market right now is actually stable and has been a helpful driver of our economic recovery. Can the market keep up its momentum?

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Round Rock Appraisal

JUNE 23, 2013

Inventory and Sales : The neighborhood is currently experiencing quite a boom with sales up 55% over the last year. homes per month, this puts inventory levels right around 6.8 months – meaning if no other homes were listed on the market, all homes would sell in just under 7 months. Click Here to Download the Report.

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Assurance Financial

NOVEMBER 9, 2021

The real estate market has fluctuated significantly over the past few decades, with a median sales price difference of $195,900 in the last 20 years alone. With these constant housing market shifts, it can be challenging to determine the best time to buy or sell a house. Marketing Strategies.

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Clear Capital

JANUARY 31, 2022

The January 2022 Home Data Index (HDI ) Market Report shows national quarter-over-quarter (QoQ) home price growth is at 3.4 Download the report , or read it below. The National Association of Realtors reported that home inventory hit a record low in December – only 910,000 units, which represents 1.8

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Clear Capital

AUGUST 30, 2021

The August 2021 Home Data Index (HDI ) Market Report shows national quarter-over-quarter (QoQ) home price growth is at 6.4 Download the report , or read it below. Perhaps they would have fallen further without MBS support, but the evidence that their buying affects the housing market is sparse at best. .

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Appraisal Today

JUNE 14, 2024

Factory-Built Houses: Types, Benefits, and Tips for Appraisers By Dan Bradley Excerpts: Factory-built houses are an important, yet often overlooked, part of the American housing market. Approximately 10% to 12% of new housing starts in the United States are factory-built. An experimental survey of U.S.

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