Housing Wire
APRIL 22, 2024
Check out these nine downloadable real estate prospecting letter templates to help you make an impression in your neighborhood or zip code. 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.
Housing Wire
MAY 15, 2024
housing market saw dramatic changes in affordability as mortgage rates skyrocketed 500 basis points. After an initial rush to get to market in Q2 2022, new listings volume fell precipitously. We can observe this trend in both the count of new listings per week and in the total number of unsold homes on the market.
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Housing Wire
DECEMBER 4, 2023
Now that Thanksgiving is behind us and December is well under way, we can start looking ahead to the 2024 housing market. New listings and home sales remain low this week while available inventory of unsold homes is finally falling across the country after rising with mortgage rates late into November. housing market in 2024.
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. Sellers are coming back There are 499,000 single-family homes unsold on the market now. of the homes on the market have taken a price cut. But, 2024 is starting stronger than last year.
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. New listings each week, which were record few last year, are growing now. New listings each week, which were record few last year, are growing now. They essentially bypass the active market.
Housing Wire
JANUARY 22, 2024
For several weeks, I’ve been reporting data that shows the housing market growing in 2024. Those metrics, specifically the pace of new listings and new sales contracts, slowed this week. Our immediate sales metric of homes that get offers within a couple days of listing also slowed. 50,000 new pendings.
Housing Wire
MARCH 11, 2024
The suspicion was that there were a bunch of sellers who were waiting to sell: Once rates fell these sellers would come rushing back to this real estate market and we’d finally see inventory grow. Inventory stats Looking at last week’s numbers: There are now just over 500,000 single family homes on the market in the U.S.
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