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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Advice for buyers & sellers in today’s housing market
Sacramento Appraisal Blog
AUGUST 8, 2022
The housing market has shifted, and today I have some practical advice for buyers and sellers. This is coming from hundreds of conversations every month as well as stats I’m pulling. Some new memes too. Enjoy if you wish.
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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 […].
Buyers & sellers feeling stuck in the housing market
Sacramento Appraisal Blog
SEPTEMBER 8, 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?
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.
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.
The housing market temperature has changed
Sacramento Appraisal Blog
APRIL 11, 2022
The temperature of the housing market has started to change. Do you feel it? Let’s talk about what’s going on, and what this means and doesn’t mean. I’d love to hear your take in the comments.
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?
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.
The housing market slowdown has only just begun: Fannie Mae
Housing Wire
SEPTEMBER 21, 2022
Economists at Fannie Mae say the Federal Reserve ‘s fiscal policy is having its desired effect on the housing market – home price growth began to slow in the summer, and the GSE says the housing slowdown will continue through 2023.
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.
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.
Americans are deeply pessimistic about the housing market
Housing Wire
SEPTEMBER 8, 2022
Home prices have started to drop, but the decline has not been significant enough to slow a growing pessimism about the housing market. Fannie Mae’ s Home Purchase Sentiment Index (HPSI), which tracks the housing market and consumer confidence to sell or buy a home, dropped by 0.8
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.
Fannie Mae sees dark days ahead for the housing market
Housing Wire
AUGUST 23, 2022
It will get worse for the housing market – and mortgage industry – before it gets better. The mortgage market is projected to slip even further in 2023, dropping to $2.29 The post Fannie Mae sees dark days ahead for the housing market appeared first on HousingWire.
The housing market is now savagely unhealthy
Housing Wire
MARCH 18, 2022
While demand is solid, the savagely unhealthy aspect of housing is continuing. To get the housing market to be sane and normal again, we need inventory to get back in a range between 1.52 – 1.93 even for rental housing.
Has the housing market peaked?
Housing Wire
MAY 5, 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. All in all, a relatively soft landing for a sizzling hot market that sometimes seemed like it would never cool off.
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?
The housing market is still savagely unhealthy
Housing Wire
APRIL 20, 2022
However, the real story of 2022 is that the savagely unhealthy housing market continues as inventory is still lower than last year, sending home prices growth into double digits again. housing market; the 10-year is above 1.94%, something that didn’t happen in 2020 or 2021.
Silver lining in cooled down housing market is homebuyer affordability ?
Housing Wire
AUGUST 25, 2022
Real estate and mortgage professionals are lamenting the slowdown in the housing market caused largely by inflation and economic uncertainty. Federal Housing Administration (FHA) loan payments also dropped marginally to $1,461 in July from the previous month’s $1,474.
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?
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 trying to get back to normal
Sacramento Appraisal Blog
SEPTEMBER 9, 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.
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.
The housing market recession continues, despite starts data
Housing Wire
JULY 19, 2022
The June housing starts data beat estimates with positive revisions, however, this doesn’t change the housing market recession call that I made last month. That happened in June after the May housing starts data came out. . The housing permit data doesn’t look terrible.
Elevated Purchase Demand Fueling Housing Market Potential
Appraisal Buzz
SEPTEMBER 23, 2022
The Potential Home Sales Model measures what the healthy market level of home sales should be based on economic, demographic, and housing market fundamentals. The post Elevated Purchase Demand Fueling Housing Market Potential appeared first on Appraisal Buzz.
Slowing Housing Market Expected Soon
Appraisal Buzz
JUNE 17, 2022
According to a new report from Fannie Mae’s Economic and Strategic Group (ESR), a combination of rising interest rates and elevated inflation will continue to weigh on the housing market and are now predicting a 1.2% full-year market growth. The ESR is still predicting a modest “economic contraction” beginning in late 2023 due to the … The post Slowing Housing Market Expected Soon appeared first on DSNews.
Is housing market demand starting to weaken?
Housing Wire
MAY 21, 2021
Nearly 50% of homes sold for more than their list price during the four weeks ending May 16, but there are signs that housing market demand may be reaching its peak, according to a recent study from Redfin. Homes in May are also on the market for an average of only 17 days.
The savagely unhealthy housing market is now a nightmare
Housing Wire
JUNE 21, 2022
The housing nightmare continues. Total housing inventory has collapsed to all-time lows since 2020 and because this happened during the years 2020-2024, it created forced bidding and drove prices well above my 23% five-year home-price growth model in just two years.
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.
The housing market feels like chaos
Sacramento Appraisal Blog
APRIL 13, 2021
The housing market is on steroids and it’s mind-blowing to see such rapid growth lately. Today I want to unpack ten things I’m watching in today’s market. It feels like chaos out there.
Local housing markets across the country
Housing Wire
MAY 20, 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 market.
Is the housing market really 20% overbuilt?
Housing Wire
OCTOBER 18, 2021
Nevertheless, some supposedly erudite thinkers on the housing market are saying this, so I thought I should investigate. If the housing market was in the grips of some mass hysteria of irrational purchasing, we would expect to see certain hallmarks in the data.
This savagely unhealthy housing market needs higher rates
Housing Wire
MAY 19, 2022
million , with double-digit home-price growth driving a housing market that is still savagely unhealthy. This is something that I said would change the tone of housing, and we are seeing that result this year as sales decline and inventory picks up.
Is the housing market going to crash?
Sacramento Appraisal Blog
OCTOBER 27, 2021
What’s going to happen to the housing market? Market Trends 2021 housing market Appraisal Appraiser buying in 2021 housing analysis Housing Bubble housing crash perspective price stats Real Estate Market real estate price cycles selling in 2021 seven year rule
Even with low inventory, expect a strong 2021 housing market
Housing Wire
DECEMBER 3, 2020
Even prior to the pandemic , housing inventory had hit record lows, and the problem has only gotten worse as demand continues to rise. Home prices have risen as a result of the mismatch in homebuyer demand and housing inventory. Freddie Mac on the state of housing affordability.
How Delta variant may impact housing market
Housing Wire
JULY 29, 2021
The following Q&A comes from the HW+ exclusive Slack channel, where HousingWire’s Lead Analyst Logan Mohtashami answered questions on what to make of the latest housing data, his forecast for the rest of this year, and whether or not the housing market is returning to normal.
Is the housing market cooling down?
Housing Wire
OCTOBER 29, 2021
The housing market continues to be hot in most of the country, but there are signs that the party may be coming to an end. From putting context around housing starts to explaining how housing data will moderate, it’s safe to say that there was a lot to cover.
An Insider Look into the Housing Market
Appraisal Buzz
SEPTEMBER 14, 2022
Today’s Buzzcast interview is with Ed Pinto, Senior Fellow and Director of AEI Housing Center. We sat down with Ed and Joan Trice, Founder of Allterra Group, LLC, to discuss the housing market and the impact on appraisers.
The nation’s housing market is on a correction course
Housing Wire
JULY 25, 2022
Rising interest rates and a slowing economy overall are already taking some of the air out of the rapid home-price appreciation the housing market has experience over the past year, according to the recently released Federal Reserve Beige Book for July.
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