The housing market has shifted

Sacramento Appraisal Blog

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.

Has the housing market peaked?

Housing Wire

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

The housing market temperature has changed

Sacramento Appraisal Blog

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.

The housing market is still savagely unhealthy

Housing Wire

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.

The housing market is now savagely unhealthy

Housing Wire

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.

A shift in demand in the housing market

Sacramento Appraisal Blog

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.

What 5% mortgage rates mean for the housing market?

Housing Wire

We’ve all been wondering what 5% plus mortgage rates would do to the hot housing market, and now we’ve got that and a bag of chips. As a result, I’ve been rooting for mortgage rates to rise to create a balancing impact on this housing market.

Is housing market demand starting to weaken?

Housing Wire

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.

Is the housing market starting to slow?

Sacramento Appraisal Blog

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.

Local housing markets across the country

Housing Wire

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.

The most aggressive housing market ever?

Sacramento Appraisal Blog

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.

Logan Mohtashami on how the housing market is holding up

Housing Wire

Logan Mohtashami: Yes, purchase application data has always been a useful forward looking indicator for housing, especially when we are dealing with higher mortgage rates. We only have three very mild negative year-over-year prints for all the hype of housing crashing back then.

Here’s why the housing market needs higher mortgage rates

Housing Wire

This was the last thing we needed to see for the Housing Market , which went from unhealthy to savagely unhealthy. Logan Mohtashami: Whenever home prices are rising, and then rates rise, people look up the term Housing Bubble; it’s the nature of the beast.

Is the housing market really 20% overbuilt?

Housing Wire

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.

How Delta variant may impact housing market

Housing Wire

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

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.

Red-hot US housing market begins to cool

Housing Wire

Though the demand for homes remained strong across the United States in August, there are clear signs that the housing market is past its peak. Why today’s housing market makes speed and agility crucial for lenders.

Even with low inventory, expect a strong 2021 housing market

Housing Wire

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.

Mike Simonsen: How rising rates impact the housing market

Housing Wire

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.

These are the hottest housing markets in America

Housing Wire

Despite several indicators of a slowing housing market, prospective home buyers should not get too excited – inventory remains limited and changes are in line with the traditional seasonal slowdown, according to RE/MAX ’s August national housing report.

Are we back to a normal housing market?

Housing Wire

In the last few months in my articles for HousingWire, I have written that monthly supply has been rising and that this increasing supply was the most critical metric for the housing market, specifically the new home sales market. The post Are we back to a normal housing market?

What would it take to crash the housing market?

Housing Wire

Home prices are skyrocketing, housing inventory is at all-time lows and homebuyers have to contend with multiple bids. In time, markets always find balance and balance is a good thing. But, that doesn’t mean housing is going to crash.

COVID-19 remains “wildcard” in 2021 housing market

Housing Wire

As 2020 comes to an end, realtor.com ’s economists believe that the housing inventory shortage won’t be as dire in 2021. The 2021 housing market will be much more ‘normal’ than the wild swings we saw in 2020,” said realtor.com’s Chief Economist Danielle Hale.

Housing market inventory is starting to recover

Housing Wire

Housing starts jumped in March, recovering from a bleak February that included wild winter storms in the South, according to a recent report from the Census Bureau. Single-family housing starts rose 15.3% Suburban multifamily housing construction is also benefitting from this trend.”

10 ways the housing market is slowing

Sacramento Appraisal Blog

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?

Will the housing market continue its hot streak in 2022?

Housing Wire

As we approach the end of another hot year for the market, homebuyers and sellers are eagerly looking ahead to the 2022 housing market. Will the market continue its streak of strong growth, or are we finally about to see a slow down?

The 2021 housing market recap by Logan Mohtashami

Housing Wire

A bullish housing market. economic recovery was a false story and that we were about to embark on a second housing bubble crash due to forbearance. The housing market didn’t crash at all, in fact, more Americans bought homes with mortgages in 2021 than in 2020.

Fannie Mae reports rising confidence in housing market

Housing Wire

Following two months of steady declines, Fannie Mae’s Home Purchase Sentiment Index (HPSI), a composite index designed to track the housing market and consumer confidence to sell or buy a home, rose in January. Making housing more affordable by bridging the affordable supply gap.

A more “normalized” housing market is on the horizon: NAR

Housing Wire

” Lawrence Yun, chief economist for the NAR , said the dip in contract signings suggests “multiple offers will soon dissipate and be replaced by much calmer and normalized market conditions.”. Strong rent growth nonetheless will lead to a boom in multifamily housing starts, with more than 20% growth this year.”. The post A more “normalized” housing market is on the horizon: NAR appeared first on HousingWire.

Has the housing market peaked this year?

Sacramento Appraisal Blog

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?

The housing market is trying to get back to normal

Sacramento Appraisal Blog

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

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.

What to expect next from today’s hot housing market?

Housing Wire

It’s the current, not the waves, that will propel longstanding changes in the American housing market, said Logan Mohtashami , HousingWire’s lead analyst. In winter 2020, on the brink of the COVID-19 pandemic, the housing economy was “on an even keel,” Mohtashami said.

Should government help create housing market supply?

Housing Wire

will have the best housing demographics in history , then it follows that home prices could take off in an unhealthy way. In 2021, we already have the unhealthiest housing market — in terms of low housing market supply and multiple bids for each sale — than we have had in the last 10 years.

Single-family rents soar in tight housing market

Housing Wire

Profit margin compression and a tight housing market – What’s a lender to do? Black Knight Managing Director Rob Kessel explains how lenders can better price loans and remain competitive in today’s tight housing market.

The Hawaii housing market heats up

Housing Wire

That trend is holding true for the housing market in Hawaii, located about 2,500 miles west of the mainland. But buying a house isn’t the only cost for people relocating to a Pacific island paradise. That’s kind of the hottest market, I would say.”.

Vacations & normalcy in the housing market

Sacramento Appraisal Blog

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

Housing market outlook for 2021…and beyond

Housing Wire

With it behind us, let’s look ahead at several housing market trends that are likely in 2021 and beyond. Get $75 off your initial membership with coupon code “intro75” The post Housing market outlook for 2021…and beyond appeared first on HousingWire.

Buckle up for next year’s housing market

Sacramento Appraisal Blog

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.

These were March’s hottest housing markets

Housing Wire

In modern history, the housing market has never seen a month like March. “Fundamentals like low mortgage rates and high demand for housing are fueling the record-high price gains, so I don’t believe that homes are overvalued.