The housing market has shifted
Sacramento Appraisal Blog
MAY 11, 2022
The housing market has shifted over the past month. That’s what the stats are showing, and it’s what we’re hearing from the trenches.
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The housing market is a mixed bag
Sacramento Appraisal Blog
MARCH 21, 2023
The housing market is a mixed bag. It’s not always easy to understand what the market is doing right now. Today I have some thoughts about prices, Zestimates, and cash buyers. Scroll by topic or digest slowly.
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A spring bump in the housing market
Sacramento Appraisal Blog
MARCH 9, 2023
The housing market has been waking up in 2023, and we’re starting to see an uptick in lots of different stats. It’s a bump. Do you feel it? Let’s talk about it. This post is designed to skim quickly or digest slowly.
Looking out for two housing market bottoms
Sacramento Appraisal Blog
FEBRUARY 14, 2023
There is so much talk about the housing market bottoming out, and I want to give some perspective on what to watch for. I hope this helps.
Is the housing market getting back to normal?
Sacramento Appraisal Blog
JULY 11, 2022
“The housing market is getting back to normal.” UPCOMING (PUBLIC) SPEAKING GIGS: 7/15/2022 Lunch & Learn Market Update (sign up (for real estate agents)) 7/20/2022 Beer & Stats at Out of Bounds (sign up (for real estate agents)) 7/26/2022 […].
Housing market tears & price pressure
Sacramento Appraisal Blog
FEBRUARY 1, 2022
The market is rising, which is normal for January. UPCOMING PUBLIC SPEAKING GIGS: 2/9/2022 Yolo Associaton of Realtors market update (details) 2/18/2022 WCR El Dorado County market update (details) 2/25/2022 Placer Association […]. Do you smell that?
Housing Market Tracker: Inventory drops by 11,000
Housing Wire
MARCH 6, 2023
The housing market faced some serious obstacles last week as the 10-year yield broke over 4%, mortgage rates rose to over 7%, purchase apps fell again and we are still trying to find the elusive seasonal bottom for housing inventory.
A sharp change in the housing market
Sacramento Appraisal Blog
JULY 6, 2022
A quick change in rates has led to a quick change in the housing market. UPCOMING (PUBLIC) SPEAKING GIGS: 7/15/2022 Lunch & Learn Big Market Update (sign up here)) […].
HousingWire debuts Housing Market Tracker
Housing Wire
DECEMBER 26, 2022
Starting this week, I will analyze weekly data in a Housing Market Tracker article every Monday to provide a status update on the U.S. housing market and economy. housing market: when this data fades or rises, so does housing. Housing market inventory.
Saying goodbye to the hottest housing market ever
Sacramento Appraisal Blog
MAY 31, 2022
The housing market sizzle has faded and we’ve entered a different season. We’ve basically said goodbye to the most aggressive housing market ever, and we’re in a new market now.
Housing Market Tracker: Purchase apps jump 25%
Housing Wire
JANUARY 23, 2023
Here’s the housing market rundown for the last week: Purchase application data had a solid week-to-week gain of 25%. Housing inventory decreased by 566 units, which is not a significant decline. Last week’s housing market data provided mixed news.
Is the housing market starting to slow?
Sacramento Appraisal Blog
JUNE 8, 2021
Is this crazy housing market slowing? QUICK SUMMARY: The market is still bananas, but we’re seeing some slight slowing. Let’s talk about that today.
An open letter to sellers about today’s housing market
Sacramento Appraisal Blog
MAY 16, 2022
It’s been such a crazy market, but things are starting to change. Dear Sellers, How are things? I hope all is well. So, let’s chat. This is coming from a good place, and it’s based on observations and what I’m hearing from real estate professionals.
Buyers & sellers feeling stuck in the housing market
Sacramento Appraisal Blog
SEPTEMBER 9, 2022
Well, I can’t help but think of today’s housing market compared to the film. Sellers have tended to be stuck in the past expecting the market to be hotter than it actually is right now. I love the original Back to the Future movie. Do you too?
Comparing this housing market recession to 2008
Housing Wire
DECEMBER 29, 2022
As we close out 2022, it’s time to reflect on a historic year for the housing market, which was even crazier than the COVID-19 year of 2020. Our general economy is not yet in a recession, but housing has been in one since the summer. Housing inventory. Housing credit.
The savagely unhealthy housing market is over
Housing Wire
FEBRUARY 21, 2023
Last June, the Federal Reserve said it wanted a housing reset , which meant it wanted higher mortgage rates to destroy the housing market. Of course, this put the housing market into a recession on June 16, 2022.
The most aggressive housing market ever?
Sacramento Appraisal Blog
JANUARY 10, 2022
Was last year the most aggressive housing market we’ve ever had? But what do you think, whether you’re local or in a different market? I’m going to go out on a limb and say HECK YES based on the stats.
A shift in demand in the housing market
Sacramento Appraisal Blog
APRIL 25, 2022
The housing market is still elevated, but there’s no mistaking a different temperature – especially over the past week. An elevated market with a shift in […]. Do you feel that? It’s change.
Logan Mohtashami’s 2023 housing market forecast
Housing Wire
JANUARY 5, 2023
The 2022 housing market was savagely unhealthy , with all-time lows in inventory leading to massive bidding wars and price spikes until the Fed put a screeching halt to all of it with rate hikes that resulted in the most significant one-year spike in mortgage rate history.
Housing Market Recession
Housing Wire
JANUARY 4, 2023
This article is part of our 2022 – 2023 Housing Market Forecast series. As HousingWire’s readership knows, housing is one of — if not the most — interest rate-sensitive sectors of the economy, and the dramatic rise in rates has slowed it considerably.
Dave Stevens on understanding this housing market
Housing Wire
DECEMBER 5, 2022
I have been part of the mortgage banking industry since 1983 — 39 years to date through different housing markets. In many ways it was similar to today, with one exception: When I started, I hadn’t been spoiled by a housing market like the one in 2020 and 2021.
Housing Market Tracker: Inventory drops as mortgage rates move higher
Housing Wire
FEBRUARY 13, 2023
The housing market experienced more volatility last week, with housing inventory dropping as mortgage rates moved higher. Weekly housing inventory continues to decline, as we saw a decrease of 13,238 units, double the amount we had this time last year.
The housing market went from an ice bath to a hot shower
Sacramento Appraisal Blog
JANUARY 30, 2023
The housing market is getting hot again for the spring. It went from an ice bath in the fall to a hot shower so far in January. It’s not scalding like 2021, but it’s been a striking change. Let’s talk about this.
The housing market is trying to get back to normal
Sacramento Appraisal Blog
SEPTEMBER 10, 2021
That’s not a word we’ve used much to describe the housing market lately, but we are finally starting to see some normalcy. Normal? Many parts of the country are showing what looks to be normal seasonal slowing and that is a sight for sore eyes.
Sellers have been sitting out of the housing market too
Sacramento Appraisal Blog
FEBRUARY 7, 2023
This is a local trend, but it’s something showing up in many markets across the country also. There is so much talk about buyers sitting on the sidelines right now, but let’s talk about sellers who are also sitting.
The housing market will figure it out
Sacramento Appraisal Blog
NOVEMBER 16, 2022
The housing market has really changed, and it’s not an easy time to work in real estate. The post The housing market will figure it out first appeared on Sacramento Appraisal Blog | Real Estate Appraiser.
Has the housing market peaked this year?
Sacramento Appraisal Blog
JULY 26, 2021
Has the housing market likely peaked for the year? These trends are for the Sacramento region, but I suspect many markets across the country are starting to show similar stats (or will […]. Are prices finally starting to slow? Can it really be happening?
Housing Market Tracker: Higher rates crush purchase appsÂ
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.
Housing Market Tracker: Inventory falls again
Housing Wire
JANUARY 2, 2023
The housing market has been wild the last few years, making weekly data more critical. This is why I’ve created the Housing Market Tracker — a weekly analysis of purchase apps, housing inventory and mortgage rates that will be published every Monday.
10 ways the housing market is slowing
Sacramento Appraisal Blog
AUGUST 11, 2021
The housing market has turned the corner and we are seeing definitive slowing. Here are ten ways I’m seeing slowing in the market. NOT DULL: The market is slowing, but it’s not dull. If you’re not local, what are you seeing in your area?
Housing Market Tracker: Inventory and purchase applications data fall together
Housing Wire
FEBRUARY 6, 2023
Despite mortgage rates briefly falling below the 6% threshold, both housing inventory and mortgage demand fell last week. Let’s dive into the trend lines of the housing market. The show-me part of the housing market starts with this bounce from an extreme bottom.
A slowing housing market, but still on steroids
Sacramento Appraisal Blog
NOVEMBER 17, 2021
Real estate has been slowing, but it’s still completely nuts. I’ll explain below. But first let me unpack the NAR conference in San Diego and share some exciting personal news. Then stats and perspective for those interested.
Housing Market Tracker: Banking crisis is a new variable
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?
The Red-Hot Housing Market
Housing Wire
DECEMBER 23, 2022
This article is part of our 2022-23 Housing Market Forecast series. The red-hot housing market of the past 2 ½ years was characterized by sub-three percent mortgage rates, fast-paced bidding wars and record-low inventory. Housing Market Research Bright MLS MORTGAGE RATES
Vacations & normalcy in the housing market
Sacramento Appraisal Blog
JUNE 17, 2021
Market Trends 2021 real estate market housing market in 2021 housing trends normal year of sales volume normalcy in real estate pandemic housing market regional appraisal blog in sacramento Ryan Lundquist Sacramento Appraisal Blog sacramento housing market seasonal slowing trend graphs
The housing market is 6.5 million units short: Realtor.com
Housing Wire
MARCH 8, 2023
It is no secret that the housing market is suffering from an ongoing inventory drought. Existing housing inventory fell by 11,021 homes week over week for the week ending March 6, according to data from Altos Research. million housing units were started , and 11.9
Housing Market Tracker: Weekly inventory adds 1,339 homes
Housing Wire
JANUARY 16, 2023
Housing inventory increased by 1,339 homes nationwide. 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.
Housing Market Tracker: Mortgage rates fall after SVB failure
Housing Wire
MARCH 12, 2023
Last week was wild, and not just for the housing market. This assumes the spreads are wide as the mortgage back securities market is still very stressed. Do they even want to risk more stress in the markets?
The housing market went from steaming to stagnant (free download)
Sacramento Appraisal Blog
AUGUST 29, 2022
The housing market went from steaming to stagnant a few months ago, and now that some time has passed, we’re getting more stats to help show the effect of higher mortgage rates.
Buckle up for next year’s housing market
Sacramento Appraisal Blog
DECEMBER 1, 2021
Big 2022 market update: I’m doing a big market talk at SAR on […]. It’s real estate prediction season and I have a few thoughts about the beginning of next year.
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