Housing Wire

NOVEMBER 16, 2020

According to multiple real estate agents and mortgage brokers, low interest rates and a high percentage of “essential” jobs in their town has kept the housing market and local economy strong. rise in houses sold in the same timeframe – from 670 to 940. Thank goodness Realtors were deemed essential.”.

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Housing Market Real Estate Agent Marketing Realtors 419

Housing Wire

JANUARY 20, 2023

million, according to a report from the National Association of Realtors (NAR) released Friday. The housing market may have started 2022 out with a bang, but it exited the year with a whimper,” Lisa Sturtevant, Bright MLS’ chief economist, said in a statement. from November to a pace of 4.02 A total of 5.03 year over year.

Inventory 357

Inventory Housing Market Realtors Buyers 357

Housing Wire

FEBRUARY 29, 2024

month over month in January, according to the newest data from the National Association of Realtors (NAR). Meanwhile, new home sales , which are also a measure of contract signings, reached a seasonally adjusted annual rate of 661,000 in January, up 1.5% Overall active inventory improved 7.9% Pending home sales dropped 4.9%

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Contracts Inventory Realtors New Listings 396

Housing Wire

NOVEMBER 21, 2023

million, according to the N ational Association of Realtors. Prospective home buyers experienced another difficult month due to the persistent lack of housing inventory and the highest mortgage rates in a generation,” NAR Chief Economist Lawrence Yun said in a statement. On the bright side, housing inventory rose 1.8%

Inventory 396

Inventory Realtors New Listings Contracts 396

Housing Wire

SEPTEMBER 22, 2022

Today the National Association of Realtors reported that existing home sales fell once again to 4.80 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. . Total Inventory data fell in this report from 1.31

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Inventory Housing Market New Listings Mortgage 453

Housing Wire

JULY 13, 2021

bidding-war rate Redfin saw in June 2020, when the housing market was starting to rebound from a temporary standstill triggered by pandemic shutdowns, said Laura Sechrist Molenda, a Redfin real estate agent based in Southern California. In 2018-2019, total housing inventory was in the range between 1.52 million and 1.92

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Inventory Housing Market Real Estate Agent Buyers 500

Housing Wire

AUGUST 27, 2020

year over year, largely on the back of pent-up demand from buyers who were unable to strike deals during the spring, said Lawrence Yun, chief economist of the National Association of Realtors. “We We are witnessing a true V-shaped sales recovery as homebuyers continue their strong return to the housing market,” said Yun.

Contracts 485

Contracts Realtors New Listings Real Estate 485

Housing Wire

SEPTEMBER 30, 2020

Realtors can usually count on their biggest season being spring, followed by summer, but nothing about 2020 has been normal, including home-buying patterns. With shut-down orders in the spring, summer became the new home-buying season, but homebuyers were still incredibly active in August. Over the last four weeks ending on Sept.

Real Estate Agent 546

Real Estate Agent Real Estate Agents Realtors 546

Housing Wire

FEBRUARY 23, 2024

Here are some charts reviewing today’s report with a host of data lines from the NAR existing home sales report: [link] A few critical glaring points: active inventory is still historically low, and so is monthly supply data. Cash sales rising year over year looks normal as mortgage demand is lower year over year.

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Inventory Mortgage New Listings Marketing 447

Empire Appraisal Group

SEPTEMBER 8, 2022

Housing Market Collapse? Housing Market Collapse? Nowhere in Sight | Florida Realtors. The housing market has taken a few hits, such as a doubling of mortgage rates in 2022, but it remains solid even if legitimate news providers suggest doom and gloom. Housing Market Collapse?

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Housing Market Marketing Real Estate New Listings 78

Housing Wire

FEBRUARY 22, 2024

The housing market in the state of Florida saw higher median home prices, more real estate listings and a higher number of active listings during the month of January, according to data released Thursday by Florida Realtors , a state-based trade organization for real estate professionals.

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New Listings Realtors Real Estate Inventory 418

Housing Wire

MARCH 22, 2024

Unlike many other metropolitan areas across the country , the housing market in Southwest Florida is comparably flush with for-sale inventory. “I We are seeing a healthy increase in inventory, which we really needed.” Smith attributes the uptick in inventory to a bump in new listings.

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Insurance Inventory Marketing Real Estate 387

Housing Wire

JANUARY 22, 2024

According to Zillow ’s annual predictions, Indianapolis will be the fourth-hottest real estate market of 2024, thanks to its solid economy, housing inventory, affordability and pent-up demand. The top three spots in the ranking were Buffalo, New York, and Cincinnati and Columbus, Ohio. The real estate market As of Jan.

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Housing Market Marketing Logistics Real Estate 411

Housing Wire

MARCH 1, 2024

Last year was a tough one for the Indiana real estate market. Sales from 2022 to 2023 were down 14%,” Mark Fischer, the CEO of the Indiana Realtors Association , said. “We We were up year over year in inventory , but we were at a 25 year low on new listings.” According to Altos Research, as of Feb. 23, 2024.

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Housing Market Marketing Inventory Construction 418

Housing Wire

MARCH 29, 2024

It is nearly April, which means temperatures in the Austin metropolitan area are heating up — and so is the housing market. And closed sales were also up about 1%, so overall just a little bit more of the same,” said Clare Losey, housing economist for the Austin Board of Realtors.

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Housing Market Agents Marketing Inventory 379

Housing Wire

JUNE 21, 2021

Many are eyeing scenic East Tennessee, where Knoxville and its surrounding suburbs have formed one the country’s hottest housing markets. Currently on Realtor.com , more than 2,000 homes are currently on the market in Knoxville with an average listing price of $270,000. year-over-year. year-over-year.

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Housing Market Marketing Realtors Inventory 432

Housing Wire

MARCH 8, 2024

Real estate agents in the leafy suburbs of Bergen County, New Jersey say the current housing market — with historically low inventory and record-high prices — is actually more challenging than the multiple offer chaos they sweated through during the pandemic. “At Altos considers any score above 30 to be a seller’s market.

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Housing Market Buyers Agents Marketing 415

Housing Wire

SEPTEMBER 26, 2023

Available inventory of homes for sale is on the rise in late September, which is very unusual for this time of year. In fact, inventory is growing faster than this time a year ago. This is a demand-driven slowdown, because new listings supply is still running 9% to 10% fewer homes for sale each week than this time last year.

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Inventory Contracts New Listings Mortgage 490

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. Altos considers anything above a 30 to be a seller’s market.

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Buyers Marketing Inventory Investors 399

Listing Spark

OCTOBER 13, 2022

Is that the case for all major Texas housing markets? What should they expect in this housing market? We’ll dive into the state of the Texas real estate market with Real Estate Real Fast host Aaron Jistel. 00:02:50] Peaking into the Fall 2022 Austin housing market. And housing prices are still up! “In

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Housing Market Real Estate Marketing Buyers 36

Housing Wire

SEPTEMBER 19, 2023

Meanwhile, the available inventory of unsold homes is growing. This week, inventory grew faster than it did last year at this time. This is alarming because this was the moment last year when the market turned south. It’s not unusual for a little jump in new listings in September. This is a trend worth watching.

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Housing Market Marketing Inventory New Listings 428

Housing Wire

JULY 20, 2021

Mortgage applications for new home purchases in June decreased 3% from May and 23.8% year over year, suggesting a slowdown in the housing market, according to a recent report from the Mortgage Bankers Association. “Last year was the strongest year in the housing market for new home sales in over a decade,” he said.

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Housing Market Marketing Inventory Construction 500

Housing Wire

JANUARY 29, 2024

Most economists forecast mortgage rates to decline in 2024, stoking optimism about the housing market. According to the newest Bloomberg Markets Live Pulse Survey (MLIV Pulse), the rate on the 30-year fixed mortgage will fall to 5.5% million existing homes were sold, according to the National Association of Realtors.

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Mortgage Inventory Investors New Listings 415

Movoto

MARCH 8, 2024

And with the biggest inventory spike in nearly 3 years experienced in February, it looks like the market is starting to heat up. The housing market just saw its biggest inventory spike in nearly 3 years “New listings for homes for sale climbed 12.9% NATIONAL ASSOCIATION OF REALTORS®.

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Real Estate Inventory New Listings Realtors 36

Cornerstone

OCTOBER 5, 2021

With all the activity we’re seeing in the current housing market, homeowners want to know: Is it smarter to sell my house now, or should I wait until next year? If you’re weighing your options, it may help to know that there may not be a more lucrative time to list than today. Should I sell my house now?

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Sellers Loan Officers Inventory New Listings 53

Cornerstone

FEBRUARY 15, 2022

This stopped more than 400,000 foreclosures (the typical amount) from entering the market. Here’s a graph illustrating this: Without forbearance, the housing market would have absorbed these foreclosed properties. Today’s market can handle a million (or more) new listings. Bottom line?

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Loan Officers Housing Market Inventory Mortgage 59

Housing Wire

MARCH 6, 2024

Moderation in mortgage rates led to a pickup in demand for residential real estate, but limited inventories across the country hindered actual home sales , the Federal Reserve reported in its Beige Book survey of regional business contacts that was published Wednesday.

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Mortgage Real Estate Inventory Construction 371

Housing Wire

OCTOBER 21, 2022

On Thursday the National Association of Realtors reported that we had a 23.8% year-over-year decline in existing home sales in September and total inventory has now fallen on back-to-back reports. My premise in the summer of 2020 was that a 10-year yield above 1.94% could change the housing market. million in September.

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Housing Market Inventory New Listings Mortgage 291

Housing Wire

JULY 20, 2023

The savagely unhealthy housing market continues as existing home sales are near record lows, and the days on the market are still at a teenager level, with home prices rising in 2023. Ladies and gentlemen, this was the fear and now the reality of the savagely unhealthy housing market. Inventory between 1.52-1.93

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Marketing Housing Market Inventory New Listings 343

Lamacchia Realty

JANUARY 27, 2023

The 2022 Connecticut Year in Review Housing Report breaks down sales, new listings, new pending sales, active inventory, and average price compared to the 2021 market and analyzes what the data means for the current housing market and beyond. Sales Down 18.8% and Prices Up by 5.9%

Inventory 52

Inventory Sellers Buyers Real Estate 52

Housing Wire

AUGUST 10, 2020

According to the National Association of Realtors , contract signings kicked off strong in August , with the most contract signings last week in the Midwest, at 21%. As new contract signings are outpacing new listings due to low inventory, properties sold typically within 26 days in the four weeks leading up to August 2, NAR said.

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Agents Business Inventory Real Estate Agent 544

Cleveland Appraisal Blog

JANUARY 5, 2023

We all needed some rest from the crazy housing market we’ve experienced in recent years. Like most markets across the country, the Cleveland area housing market has been red hot for the past few years. How have the rapidly increasing mortgage interest rates impacted the housing market in Northeast Ohio?

Housing Market 369

Housing Market Marketing Appraisal Inventory 369

Housing Wire

FEBRUARY 25, 2021

in January from December, according to a report from the National Association of Realtors. And inventory shortages are the culprit. Despite the decline, many industry observers see big potential for the housing market in the year ahead. That said, there has been an increase in permits and requests to build new homes.”.

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Supply Chain Inventory Housing Market Contracts 402

Housing Wire

JANUARY 19, 2024

Remember, with median sales prices and inventory, it’s very seasonal. Something notable about this report: Total active listings as the NAR tracks them almost broke under 1 million again. However, remember, the dive in inventory is normal at this time of the year. Below are charts with today’s report and the trend.

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Housing Market Inventory Contracts Marketing 432

Birmingham Appraisal

JUNE 1, 2022

3) Total Sales Volume – Total sales volume can help us measure year-over-year performance in the housing market. Many listings have been getting multiple offers due to a shortage of housing inventory and the high demand we’ve experienced.

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Agents Marketing Contracts Inventory 52

Housing Wire

MAY 21, 2021

April’s existing home sales painted a familiar picture of a market still grappling with low supply as sales dropped for the third month in a row, down 2.7% million, the National Association of Realtors reported on Friday. ” While borrowers battle it out in the bidding trenches, unsold inventory sits at a 2.4-month

Inventory 421

Inventory Buyers New Listings Marketing 421

Housing Wire

JANUARY 29, 2021

drop in November , according to a report from the National Association of Realtors. It’s the fourth consecutive decline, but many housing industry observers see big potential for the year ahead. pending home sales dipped to the tune of 0.3% in December following a 2.6% However, contract signings rose 21.4%

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Contracts Real Estate Housing Market Technology 531