Housing Wire

MARCH 26, 2023

The financial and housing markets are still trying to sort out the banking crisis and whether we have seen the last Fed rate hike in this cycle. These events led to lower mortgage rates and increased purchase application data last week, but decreased housing inventory. In a regular market, they would be closer to 5.25%.

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Inventory Housing Market Marketing Mortgage 434

Housing Wire

JULY 2, 2023

We have often discussed that the housing market dynamics changed starting Nov. So the fact that housing demand stabilized and inventory is now negative year over year needs the context that 2022 was a once-in-a-lifetime event. We had new listings growth from 2021 to 2022, but that’s not the case this year.

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Inventory Housing Market Marketing New Listings 447

Housing Wire

FEBRUARY 3, 2023

This article is part of our 2022 – 2023 Housing Market Update series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Housing Market Update. The event is exclusively for HW+ members , and you can go here to register. Mortgage Rates In January, rates were hovering in the 6% range.

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Housing Market Marketing Inventory New Listings 346

Housing Wire

JUNE 4, 2023

Here’s a quick rundown of the last week: Active inventory grew 3,180 weekly , and new listing data fell week to week and is still trending at an all-time low in 2023. However, I am grateful we even saw some traditional spring inventory growth this year because new listing data is trending at all-time lows.

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Inventory Housing Market Marketing New Listings 398

Housing Wire

DECEMBER 28, 2022

This article is part of our 2022-23 Housing Market Forecast series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Forecast Event. The event is exclusively for HW+ members , and you can go here to register. Home Prices will fall, but don’t expect 2010.

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Housing Market Marketing Inventory Mortgage 482

Housing Wire

MARCH 1, 2024

Last year was a tough one for the Indiana real estate market. We were up year over year in inventory , but we were at a 25 year low on new listings.” In mid-June 2023, the statewide 90-day average Altos Market Action Index score hit a high for year of 53.99, before sliding down to a trough of 40.03 in mid-January 2024.

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Housing Market Marketing Inventory Construction 395

Housing Wire

FEBRUARY 27, 2023

We created the weekly Housing Market Tracker because housing data has been so wild since 2020. The housing market madness persisted last week as inventory fell and higher mortgage rates took a bigger bite out of purchase application data. In a typical marketplace, the days on market are more than 30 days.

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Housing Market Marketing Inventory New Listings 398

Housing Wire

JANUARY 16, 2023

The weekly data shows some good news for the housing market ! With mortgage rates also falling, I am hopeful that more people will list their homes and buy another, so we can get back to a more functional housing market. This is good news for the housing market.

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Inventory Housing Market Marketing Mortgage 530

Housing Wire

DECEMBER 7, 2022

Now, with five weeks of data in front of us, we can say they have stabilized the market. For months I have been saying we were going to have challenging comps from October to January because last year at this time mortgage volume was rising — a rare event this late in the year. Mortgage rates went from a low of 2.5%

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Housing Market Mortgage Marketing Inventory 540

Housing Wire

JULY 29, 2022

A few months ago, the United States housing market failed Econ 101. metropolitan areas in February 2022, based on year-over-year growth in median listing price according to the residential real estate listing website, Realtor.com. The table also reports the year-over-year percent change in new listings for each market.

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Housing Market Sellers Marketing New Listings 390

Housing Wire

NOVEMBER 5, 2021

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. Aspen, Colorado. This content is exclusively for HW+ members.

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Housing Market Marketing Real Estate Agent Contracts 400

Housing Wire

MARCH 19, 2023

The housing market was crazy again last week. Mortgage rates fell as the banking crisis got worse and purchase application data grew for the second week in a row, but the big question is: Did we hit the seasonal bottom in housing inventory? This bond market is screaming at the Fed to cut rates.

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Housing Market Marketing Inventory New Listings 368

Housing Wire

MARCH 14, 2022

One of the biggest questions in real estate right now is how rising interest rates will impact the housing market. The market has been so hot, many worry that rising rates will finally be the catalyst to pop the bubble. Look for slightly more inventory, slightly longer market time in these markets.

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Housing Market Marketing Inventory Investors 457

Housing Wire

NOVEMBER 24, 2020

14, a move that suspended open houses , although private showings are allowed with no more than five people. What is this second lockdown going to do to the red-hot Seattle housing market? Members of the MLS added 10,428 new listings to supply in October, up 24% from last year, but pending home sales were only at 11,039.

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Housing Market Marketing Open Houses New Listings 413

Housing Wire

MAY 2, 2022

This article is part of our housing market update series. At the end of this series, you can join us on May 10 for a Housing Market Update webinar. To register for the HW+ event, go here. The impact on housing markets. Market considerations. annual increase in February.

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Housing Market Marketing Buyers Inventory 381

Housing Wire

DECEMBER 21, 2022

On Wednesday, existing home sales collapsed near the lows we saw during COVID-19 and back in 2007 when the housing bubble burst. In addition, this is the fourth straight month of inventory declining, while days on the market are growingl! This is the biggest story in housing. . Confused by this? economic history. .

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Inventory New Listings Housing Market Sellers 505

Housing Wire

MAY 25, 2024

I have been slightly disappointed in the new listing data only because I was sure we would get a print above 80,000 this year and was hoping for a range of 95,000-110,000 in the peak seasonal period. Remember, for next week, new listings data will take a Memorial Day hit lower as it does each year, and then it rebounds.

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Inventory Mortgage New Listings Marketing 459

Housing Wire

APRIL 13, 2024

Mortgage rates headed higher last week after the CPI inflation report , but now, with news of a wider war in the Middle East, should we expect even higher rates? Some argue that money will go into the safety of the bond market, while others say a wider war can lead to higher inflation and higher rates.

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Inventory Mortgage New Listings Retail 422

Housing Wire

FEBRUARY 10, 2024

While weekly inventory is still falling, we have year-over-year growth in total active listing and new listings data. We might have an average year in housing compared to the past four years! For the first time in a while, this was a good week for new listing data. What is all this data pointing to?

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Inventory New Listings Retail Mortgage 500

Housing Wire

JANUARY 20, 2023

housing market , we just experienced an event that most people never thought could happen. The Federal Reserve wanted a housing reset , and it got a housing recession, with activity falling the fastest since the brief pause during COVID-19. During that period, we saw new listing data decline.

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Inventory Housing Market New Listings Marketing 536

Housing Wire

NOVEMBER 11, 2023

We saw some good growth this week, and hopefully, in 2024, we can close the gap and get back to 2021-2022 data on new listings. That is the critical period for new listing data to grow; remember, most sellers are buyers. However, this has always been about the labor market and jobless claims data.

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Inventory New Listings Mortgage Retail 442

Housing Wire

OCTOBER 11, 2022

There’s a showdown at the housing market corral between homebuyers and sellers. When I came up with the “ savagely unhealthy housing market ” label in February of this year, it was based on the premise that the housing inflation story that we have had to deal with since 2020 was a historical event.

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Sellers Inventory Housing Market New Listings 498

Housing Wire

MARCH 9, 2024

Given our current economic data and without a new critical global event, this range should stick. Weekly housing inventory data The positive story for housing in 2024 has been the inventory growth we have seen year-over-year. We haven’t broken either yet. It’s a plus for mortgage rates that the U.S.

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Mortgage Inventory New Listings Housing Market 439

Miller Samuel

JUNE 28, 2020

Keeping Housing Market Results From The Public Is Never Justified: An Expansive View. When the Covid-19 crisis began halfway through March, the Manhattan housing market was placed on “pause,” as were many housing markets around the country. Days on market during Covid-19. Why this effort was wrong.

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Housing Market Marketing Real Estate Sellers 221

Housing Wire

SEPTEMBER 22, 2022

The savagely unhealthy housing market theme of mine is running in full force now as we have gotten no relief on home prices and now have a mega jump in mortgage rates. . Since the summer of 2020, I have talked about what could change the housing market, which was a 10-year yield above 1.94%, which means rates over 4%.

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Inventory Housing Market New Listings Mortgage 437

Housing Wire

OCTOBER 21, 2022

Earlier in the year, I labeled this a savagely unhealthy housing market based on the premise that Inventory would break to all-time lows, creating forced bidding and causing days on the market to collapse. While still too low for my taste, the days on the market are heading in the right direction —higher — creating balance.

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Housing Market Inventory New Listings Mortgage 283

Will Springer Realtor

DECEMBER 12, 2023

The Seattle area housing market right now reads like a mystery novel with half the pages missing. The market assessment makes for uninspired reading: Only 1513 listings hit the market in the month for all home types, a devastating 30% decline in one month. for the Seattle market (vs. units, a 13-year low.

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Housing Market Marketing New Listings Buyers 42

Will Springer Realtor

OCTOBER 11, 2022

Seriously though, there must be a ceiling to rising rates that have all but extinguished a robust housing market. When you raise [mortgage] rates to the point they’re at today, it breaks the back of housing.”. If there is a silver lining for those in the market for a home, it’s that prices should fall as demand eases.

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Housing Market Marketing Buyers Real Estate 36

Empire Appraisal Group

AUGUST 3, 2023

NEWS & MEDIA Bilanol/Getty Images Plus Source: [link] Study: Real Estate Hot in Hurricane Ian-Hit Areas By Kerry Smith Storms rarely have a long-term effect on the local real estate market. Cape Coral-Fort Myers listings dropped for two months after Ian but rose for the six after that. FORT MYERS, Fla. Bokhari says.

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Real Estate New Listings Real Estate Agent Insurance 78

Housing Wire

NOVEMBER 28, 2022

housing market went into recession in June of this year, which I talked about a few months ago on CNBC. New and existing home sales are falling, along with housing permits and starts, as we have too many new homes for the builders to issue new permits. did not go into a recession at the start of 2022.

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Transportation Construction Housing Market Mortgage 520

GoForrmz

OCTOBER 26, 2022

Get ahead with real estate automation The real estate market has seen a lot of unusual trends in the past couple years, and it’s no surprise things have been pretty weird. In 2021 , we saw houses receive multiple offers and sell for thousands of dollars over asking price within hours.

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Real Estate Contracts Clients Real Estate Agent 78

Hank Miller Team

OCTOBER 1, 2021

In highly competitive housing markets with desperate buyers and multiple offers, it might seem pointless to write a backup offer, but why not? Simply put, a backup offer is an accepted offer that immediately becomes primary in the event the current accepted offer fails. Should you consider a backup offer? What is a Backup Offer?

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Sellers Contracts Buyers New Listings 52

Eppraisal

JUNE 20, 2023

List your desired amenities (e.g., Setting Realistic Expectations Understand the local housing market and pricing trends Balance your budget with your desired features Be open to compromise while keeping your non-negotiables in mind C. backyard, garage, etc.) Prioritize your preferences to help narrow down options B.

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Real Estate Agent Open Houses Real Estate Inspection 36

Will Springer Realtor

FEBRUARY 13, 2024

The Seattle/King County housing market appears to have come through the worst of times with a slightly stronger showing in January than in previous months. The market is now in the process of thawing after a lengthy cool down, as buyers begin anew to seek change in their home dynamics. higher than January 2023. from a year ago.

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New Listings Buyers Inventory Lending 54

Will Springer Realtor

MAY 13, 2024

today – may hold the keys (literally and figuratively) to the housing conundrum. Baby Boomers still have a significant impact on various aspects of society, including the housing market, healthcare and the economy. CONDO NEWS Bellevue’s condo market continues to stand out from the rest. But for how long?

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HOA Transportation Construction Buyers 36

Listing Spark

FEBRUARY 7, 2024

In this article, we will recap what exactly happened to the real estate market in Texas last year and discuss some predictions for the rest of this year. Some markets were affected more than others. The market froze as a result of buyer fear and an already strained affordability issue. Which doesn’t seem too bad.

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Real Estate Sellers Home Value Inventory 36

Lamacchia Realty

JULY 26, 2023

For this report, we are examining the Connecticut real estate market and we are focusing on three property types: single-family homes, and condominiums/townhomes. Many sellers are hesitating to put their homes on the market, therefore, the number of new listings is down year over year.

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Inventory Sellers Buyers Real Estate 50