Housing Wire

MAY 8, 2024

This is what happened post 2010: The millennials started to buy homes in 2013 and they finance 90% of those homes. A perfect example is that the last few years, new listings have been trending between 30,000 and 90,000 per week. So inventory slowly broke lower and lower as we came into the years 2020-2024.

Inventory 451

Inventory Law New Listings Sellers 451

Housing Wire

SEPTEMBER 13, 2022

Typically we have a natural set of new listings each year; inventory rises in the spring and summer and then falls in the fall and winter. It wasn’t the rate move that caught my attention — it was the new listing data. As you can see below, that sharp move to 6.25% caused new listing data to stall at first.

Mortgage 516

Mortgage Inventory New Listings Sellers 516

Housing Wire

APRIL 19, 2024

A surge in new listings of luxury homes was not enough to curb the price growth associated with rising demand. New listings of luxury homes soared 18.5% During the three months ending Feb. 29, nearly half (46.8%) of luxury homes sold were purchased in cash, up from 44.1% during the same period a year ago.

Luxury Properties 439

Luxury Properties New Listings Buyers Housing Market 439

Housing Wire

DECEMBER 14, 2023

Meanwhile, new listing activity also inched up slightly in recent weeks, another good sign for homebuyers who have more options. One LO said he quoted an FHA borrower at 5.7%. A promising winter market Business for the mortgage industry has picked up considerably since Thanksgiving, with homebuyers jumping on lower rates.

Mortgage 477

Mortgage New Listings Loan Officers Inventory 477

Housing Wire

MARCH 15, 2024

New listings ticked up by 21% in February compared to last year, according to Zillow ’s February report. New listings rose 20% from January, and each of the 50 largest U.S. metros experienced an increase in new listings. Texas and Florida saw the biggest jump in new listings, year over year.

New Listings 458

New Listings Inventory Home Value Contracts 458

Housing Wire

APRIL 18, 2024

In an interview today with Yahoo Finance , I discussed how home prices are still rising this year. From NAR : The median existing home price for all housing types in March was $393,500, an increase of 4.8% from the previous year ($375,300). All four U.S. regions registered price gains.

Inventory 482

Inventory Housing Market New Listings Buyers 482

Housing Wire

MARCH 6, 2024

This is clear in the chart below, which shows the year-over-year percent change in the four-week average of new listings. This data, courtesy of Altos, shows that new listings retreat when rates rise and accelerate when rates fall: High rates are bad, too, for the sellers who decided to list their homes.

Mortgage 415

Mortgage Sellers New Listings Buyers 415

Housing Wire

JULY 28, 2023

New listings of starter homes dropped 23% from a year earlier in June, the biggest drop since the start of the pandemic, the report found. The cost of financing a median-priced U.S. In June, the typical starter home sold for a record $243,000, up 2.1% from a year earlier and up more than 45% from before the pandemic.

Buyers 370

Buyers Housing Market Investors Real Estate 370

Housing Wire

MAY 30, 2023

Low inventory , maintained by an extremely low level of new listings coming onto the market, has fueled demand amongst the few buyers who can afford to stay shopping. Relatedly, the Federal Housing Finance Agency (FHFA) recorded a 4.3% increase in home prices in the first quarter of 2023 from the first quarter in 2022.

Mortgage 401

Mortgage Inventory Construction New Listings 401

Housing Wire

AUGUST 20, 2023

The new listing data has been trending at the lowest levels ever for over 12 months now. Will higher rates extend the inventory season, or are we going into the traditional seasonal decline? Hopefully, we will have found a bottom in this data line before the year ends.

Inventory 370

Inventory Mortgage New Listings Sellers 370

Housing Wire

NOVEMBER 28, 2023

Simultaneously, new listing volume is up at the end of November, which might cool home prices down. Home prices are expected to slow in the fourth quarter of 2023 Higher rates combined with a typical seasonal slowdown should push down the number of buyers on the market.

New Listings 366

New Listings Contracts Inventory Sellers 366

Housing Wire

NOVEMBER 21, 2023

At the same time, existing inventory has likely already bottomed out and new listings are keeping steady despite normal seasonal declines. Selma Happ, the chief economist at CoreLogic , said transaction data suggests that existing home sales are leveling off despite the uptick in mortgage rates.

Inventory 398

Inventory Realtors New Listings Contracts 398

Housing Wire

AUGUST 18, 2023

Or, are sellers in the subject neighborhood typically settling at about 95% of the list price? If you’re showing your new listing versus its competition, do you look priced right , overpriced or priced so well you’d be dying to write an offer and snap it up? Know what’s going on with the new construction!

Sellers 367

Sellers Construction Real Estate Finance 367

Housing Wire

FEBRUARY 23, 2024

Our data lines here at Housing — which track things weekly — show inventory is growing year over year with new listings growth as well. This is the timeframe where seasonality kicks in for both to go lower and it will be interesting to see where inventory goes this year with the NAR data. From NAR : Total existing-home elevated 3.1%

Inventory 452

Inventory Mortgage New Listings Marketing 452

Housing Wire

FEBRUARY 7, 2024

in January, new listings increased on a year-to-year basis in 14 of 15 weeks, according to data from Altos Research, which, like HousingWire, is owned by HW Media. We got an early test in December and January when the FOMC forecasted rate cuts in 2024.

Inventory 412

Inventory Sellers Mortgage Marketing 412

Housing Wire

JULY 20, 2023

With record-low inventory nationwide, real estate agents seem to be hearing the same thing day in and day out: “I’d list my home, but where would I move?” For most agents, that’s the end of the conversation, ending the possibility of taking a new listing as well as facilitating the buyer side. Next, the house is new.

Sellers 283

Sellers Clients Inventory Agents 283

Housing Wire

MARCH 8, 2024

We’ve signed 47 new listings year to date, and we’ve had plenty of conversations with other sellers that we didn’t sign, but there are a lot more conversations surrounding transparency,” Posnick said.

Agents 408

Agents Legal Realtors Clients 408

Housing Wire

MAY 13, 2024

New listings Slightly fewer new listings hit the market this week — 69,000 single-family homes that are newly listed, plus another 20,000 listed that are already under contract. That’s actually 3% fewer new listings than last week. We have more sellers than last year, but not a lot.

New Listings 440

New Listings Contracts Inventory Sellers 440

Eppraisal

JUNE 20, 2023

Leveraging Online Listings Utilize popular real estate websites and apps to browse available properties Set up personalized search alerts to receive notifications for new listings Save properties of interest for further review and consideration B. Stay tuned!

Real Estate Agent 36

Real Estate Agent Open Houses Real Estate Inspection 36

Housing Wire

APRIL 25, 2024

“I called the listing agent and it was listed three hours ago, but it was sold,” the Cincinnati, Ohio -based eXp Realty agent said. “We There is no way you can stay on top of things unless you hire someone to watch new listings pop up every 10 minutes. We couldn’t even see it. It is so hard to compete with that.”

Buyers 407

Buyers Marketing Inventory Investors 407

Housing Wire

NOVEMBER 27, 2023

You also know that new listings are up over last year, too. New listings volume is up, too. There were 58,000 new listings this week, with 10,000 of those homes already under contract as immediate sales. If you follow real estate data closely, you’ll know that inventory rose late into November.

New Listings 488

New Listings Contracts Inventory Housing Market 488

Housing Wire

APRIL 16, 2024

Additionally, there were 66,000 new listings unsold last week plus another 20,000 immediate sales for 86,000 total new listings, up 32% from the same week a year ago. This uptick in inventory is a function of high and rising mortgage rates , according to Mike Simonsen, founder and president of Altos Research.

Mortgage 377

Mortgage New Listings Investors Housing Market 377

Housing Wire

DECEMBER 4, 2023

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. We want new listings volume to show growth. It’s looking like we’ll end 2023 with higher housing inventory than this time last year.

Housing Market 483

Housing Market Marketing Inventory New Listings 483

Housing Wire

APRIL 13, 2024

Now that this technical level has been broken, 2024 is going to be a lot more interesting, something I discussed in an interview with Yahoo Finance. Some will say that bonds rallied ahead of the pending war news on Friday, but we will get a better answer Sunday night with bond market trading.

Inventory 458

Inventory Mortgage New Listings Retail 458

Housing Wire

MARCH 11, 2024

New listings To watch whether supply and demand might get out of balance with higher mortgage rates, keep an eye on the new listings volume this spring, not just the total inventory. There were 59,000 new listings unsold this week. The median price of the newly listed cohort this week is $420,000.

Inventory 502

Inventory New Listings Sellers Real Estate 502

Housing Wire

JUNE 6, 2023

After a slow start to the year, housing markets in upstate New York have also started to pick up, with bidding wars and multiple offers becoming more common. A key factor suppressing new listings is the prevalence of homeowners with historically low interest rates on their existing mortgages, reducing the incentive to sell and move.

Inventory 423

Inventory Real Estate Construction New Listings 423

Will Springer Realtor

MAY 9, 2023

The chart (below) puts it in sharp focus: Except for the pandemic year of 2020 when there were 2559 new listings that April, last month was the slowest April since at least 2008 when easy access to Northwest Multiple Listing Service data became available. Where are all the sellers? from March to April to $790,244 and up 9.3%

New Listings 59

New Listings Inventory Buyers Sellers 59

Housing Wire

APRIL 9, 2024

Additionally, last week added only 55,000 new listings for single-family homes, down 8.5% With the Easter holiday last week, data for housing inventory , new listings and the pace of new contracts started all took a breather from their growth pace,” Mike Simonsen, founder and president of Altos Research , wrote on Monday.

Mortgage 395

Mortgage New Listings Inventory Contracts 395

Housing Wire

OCTOBER 31, 2023

At least, that’s what the data seems to suggest as inventory grows and new listings decline at a less aggressive rate than last year. New listings decline isn’t as steep as a year ago There were only 53,000 new listings (single-family homes) unsold this week, plus 10,000 more new listings that are already in contract.

New Listings 488

New Listings Inventory Contracts Housing Market 488

Housing Wire

JUNE 28, 2023

New listing data is trending at all-time lows; active inventory growth has been so slow in 2023 that we will see some negative year-over-year prints soon in the weekly inventory data. Additionally, roughly 45% of respondents fund their investments through hard money or investment financing and about 30% through cash.

Investors 371

Investors Housing Market Marketing Renovations 371

Housing Wire

NOVEMBER 20, 2023

More new listings could help boost sales We saw 58,000 new listings added to the housing inventory this week, with 9,000 of those already under contract. That’s more new sellers this year than the same week a year ago, signaling a tiny improvement in our supply-starved housing market.

Inventory 425

Inventory New Listings Housing Market Sellers 425

Housing Wire

OCTOBER 20, 2023

In this article, we’ll share ideas and tips, including the best way to present new listings and how to engage your followers with valuable educational content. Be sure to label on the photo or video that your post is a new listing, as people may miss the caption while scrolling.

Real Estate 379

Real Estate Agents Real Estate Agent Clients 379

Eppraisal

OCTOBER 2, 2021

The demand for homes has been and is still high, as eager buyers rush to new listings and submit offers quickly. There are attorney, inspection, appraisal and financing contingencies to consider, to name a few. The real estate markets in 2020 and so far in 2021 have been like no other. There is more to consider than just price.

Agents 36

Agents Real Estate Agent Marketing Real Estate 36

Cornerstone

FEBRUARY 15, 2022

Struggling homeowners had two additional years to work on their finances and come up with a plan for repayment. Today’s market can handle a million (or more) new listings. When the market was flooded with foreclosures in 2008, these homes only added to the surplus of homes listed for sale.

Loan Officers 59

Loan Officers Housing Market Inventory Mortgage 59

Will Springer Realtor

SEPTEMBER 12, 2023

fewer new listings, the rate of sales rose 1.7% Two data points stood out from the latest report by the Northwest Multiple Listing Service: The aforementioned new listings for all homes in the county – 2684 – is at a low not seen for an August since records were shared with brokers (like me) dating back to the mid-1990s.

Finance 68

Finance Inventory Construction Buyers 68

Birmingham Appraisal

JUNE 1, 2022

If financing were not an issue, and the buyer couldn’t care less about how their contract price compared to other similar properties, it would just be a matter of connecting the buyer with the seller and signing on the dotted line, but life isn’t always so easy. There can be numerous reasons for a slowdown in pending sales.

Agents 52

Agents Marketing Contracts Inventory 52

Housing Wire

JANUARY 22, 2024

Lyons is optimistic about 2024, especially if mortgage rates keep declining and new listings keep hitting the market. “Wherever the kids and grandkids land, the parents, the baby boomers are following,” Lyons concluded. Indianapolis is a very affordable market, which attracts people from more expensive places,” Lyons said. “We’re

Housing Market 417

Housing Market Marketing Logistics Real Estate 417