Housing Wire

APRIL 30, 2023

The spring housing market music is playing, and purchase application data and active listing inventory rose together last week. Here’s a quick rundown of the last week: Active listing rose 8,260 week to week, down a bit from last week’s gain, but I’m not complaining — anything on the plus side is positive.

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Inventory Housing Market Marketing New Listings 520

Housing Wire

DECEMBER 7, 2022

Now, with five weeks of data in front of us, we can say they have stabilized the market. What I mean by a credit bust is that after the housing bubble burst in 2005 into 2006, we saw a massive increase in supply. These were forced credit sellers, which means these sellers don’t sell to buy a home like a traditional seller does.

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Housing Market Mortgage Marketing Inventory 544

Housing Wire

JULY 2, 2023

We have often discussed that the housing market dynamics changed starting Nov. The other big story with housing inventory is that new listing data has been trending negative year over year since the end of June 2022. We had new listings growth from 2021 to 2022, but that’s not the case this year.

Inventory 458

Inventory Housing Market Marketing New Listings 458

Housing Wire

JANUARY 9, 2023

The housing market saw inventory fall 4% last week from the week before. Traditionally, we do see housing inventory fall in the month of December, however, we clearly saw in the second half of 2022 that higher rates created more days on the market and inventory was lingering longer. That’s a big one-week change.

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Inventory Housing Market Marketing New Listings 541

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. A traditional seller is a conventional buyer most of the time.

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Housing Market Marketing Inventory New Listings 450

Housing Wire

JANUARY 16, 2023

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. This is good news for the housing market.

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Inventory Housing Market Marketing Mortgage 533

Housing Wire

JUNE 25, 2023

I would feel much better about the inventory situation if we added an additional 3,000-8,000 houses to the weekly data line from current levels. However, the real positive story here is that even with new listing data trending at an all-time low, we are getting the growth in active listings we traditionally see in the spring and summer.

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Inventory Housing Market Marketing New Listings 410

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. Total home sales are outpacing new listings by a wide margin every month, and real estate tech company Homesnap foresees the shortage continuing in 2021 unless more sellers enter the market.

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Inventory Housing Market Marketing New Listings 546

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. Weekly inventory change (Jan.

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Inventory Housing Market Marketing New Listings 466

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. from a year ago.

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Housing Market Marketing New Listings Mortgage 540

Sacramento Appraisal Blog

JANUARY 30, 2024

That pretty much describes sellers. But in 2024 there’s a flicker of hope as sellers have thawed out just a bit. I’ll explain what I mean below, and I suspect many markets around the country are experiencing a similar trend. Any thoughts?

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Sellers Appraisal Marketing New Listings 364

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? This bond market is screaming at the Fed to cut rates.

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Housing Market Marketing Inventory New Listings 384

Housing Wire

FEBRUARY 20, 2023

Another week down in 2023 and we’re seeing crazier action in the housing market as purchase application data fell, mortgage rates rose again, and weekly inventory took another dive with a noticeable move lower in new listing data. The market made a few attempts to break that level, but bond yields have reversed higher.

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Inventory Housing Market Mortgage Marketing 410

Housing Wire

JUNE 21, 2023

Unlike a typical spring homebuying season in which sellers are also looking to buy a home, people trying to relocate into a bigger or smaller home in the Mid-Atlantic region made up a relatively small share of the housing market. of buyers in the region paid above the seller’s original list price. a month ago.

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Sellers Investing Inventory Buyers 370

Housing Wire

MAY 15, 2024

housing market saw dramatic changes in affordability as mortgage rates skyrocketed 500 basis points. After an initial rush to get to market in Q2 2022, new listings volume fell precipitously. That’s a swing of 17% fewer sellers in just a matter of days. The lower rates go, the fewer home sellers we have.

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Mortgage New Listings Inventory Sellers 334

Housing Wire

MARCH 6, 2023

Growing supply shortages are holding housing prices higher, and affordability constraints coupled with elevated rates lock potential sellers in place. in recent months due to a combination of falling demand and a weakening inflow of new listings. Months of supply stagnated at about 3.1 In 2022, about $2.4

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Housing Market Marketing Inventory Sellers 397

Housing Wire

FEBRUARY 14, 2024

The housing market is heating up as the spring buying season approaches. Well-priced homes are selling fast, often within 29 days, and that time frame is bound to shorten as the shopping season opens, according to Zillow ’s January market report. In January, one in five houses listed on Zillow included a price cut.

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New Listings Sellers Housing Market Buyers 421

Housing Wire

DECEMBER 30, 2023

Going into 2023, people thought housing inventory would skyrocket, home prices would crash, and we would see the housing market of 2008 all over again. We created this weekly tracker at the end of 2022 to give people a live weekly outlook on everything that drives the housing market and which factors to follow.

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Inventory New Listings Housing Market Mortgage 515

Housing Wire

MAY 3, 2024

As the spring selling season kicks off, many educated sellers know that buyers are experiencing spring fever and are tired of sitting on the fence watching home prices increase. In Denver in particular, new listings increased 29.12% month-over-month and 22.63% year-over-year. With only 1.3

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Inventory Lending Real Estate Housing Market 427

Housing Wire

MARCH 6, 2024

Armed with data from HousingWire sister company Altos Research , we can see in minute detail how the housing market responded to the recent 7%-and-higher rate environment and what the market may see again soon. Bad for sellers Prospective home sellers may not notice incremental changes in mortgage rates.

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Mortgage Sellers New Listings Buyers 441

Housing Wire

APRIL 15, 2024

Competition in the housing market is heating up heading into May and June. metros, with coastal California cities and Seattle leading the charge in monthly home value growth, according to Zillow’s newest market report. properties are spending minimal time on the market. Home prices are surging in major U.S.

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Housing Market Inventory Buyers New Listings 441

Housing Wire

MAY 8, 2024

Since most sellers are buyers, inventory should be stable if demand is stable. On top of more legitimate buyers, we fixed the credit markets, meaning housing credit looks fantastic. So you can see why we have so few stressed sellers. Demographics also play a role here. This doesn’t mean inventory can’t grow in the U.S.,

Inventory 507

Inventory Law New Listings Sellers 507

Housing Wire

NOVEMBER 18, 2022

On a positive note, however, the days on the market are no longer a teenager anymore: that metric grew from 18 days to 21 days. I cheer because the savagely unhealthy housing market theme I talked about back in February of this year was the same premise of the housing reset talking point the Federal Reserve uses.

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Inventory Marketing Housing Market New Listings 473

Housing Wire

APRIL 18, 2024

This is a byproduct of the qualified mortgage rule of 2010, which has been a game-changer not only for the housing market but for the overall U.S. NAR: Total housing inventory registered at the end of March was 1.11 million active listings per the last report, we have 526,000 per our last Housing Market Tracker article.

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Inventory Housing Market New Listings Buyers 491

Housing Wire

APRIL 19, 2024

Redfin defined luxury homes as those estimated to be in the top 5% of their metro area based on market value, while non-luxury homes are those with estimated values in the 35th to 65th percentile. High-end buyers tend to be more immune to mortgage rate fluctuations and flock to the luxury housing market. year over year.

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Luxury Properties New Listings Buyers Housing Market 466

Housing Wire

MARCH 23, 2024

Imagine a housing market with just 6% mortgage rates or lower — it would be growing like what we see in the new home sales market. Weekly housing inventory data The best housing story for 2024 so far is that inventory is growing yearly. The growth isn’t just in active inventory but also new listings.

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Mortgage Inventory New Listings Housing Market 515

Housing Wire

MARCH 2, 2024

Let’s take a look at the inventory data this year to test this premise, since for many months it has been a working theory of mine that new listings data behavior last year marked a bottom and even going into 2024 we should see more sellers. Here is a look at inventory last week: Weekly inventory change (Feb.

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Inventory Mortgage New Listings Housing Market 534

Housing Wire

DECEMBER 21, 2022

On Wednesday, existing home sales collapsed near the lows we saw during COVID-19 and back in 2007 when the housing bubble burst. In addition, this is the fourth straight month of inventory declining, while days on the market are growingl! This is the biggest story in housing. . Confused by this? economic history. .

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Inventory New Listings Housing Market Sellers 528

Housing Wire

APRIL 6, 2024

Weekly housing inventory data — both active inventory and new listings — are prone to one-week moves that deviate from a trend, especially if people are going Easter egg hunting. So, the fact that active inventory and new listings data fell last week isn’t a big deal. However, for now, this is a plus for the U.S.

Inventory 473

Inventory New Listings Mortgage Housing Market 473

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. However, we have entered a tricky period in housing economics where we might have to take this premise more seriously since mortgage rates recently got as low as 2.5% The parts of the U.S.

Mortgage 520

Mortgage Inventory New Listings Sellers 520

Housing Wire

AUGUST 10, 2022

One of the most important housing market stories in recent weeks has been the decline in new listings , which has slowed the growth rate of total inventory. Once that happens, I can finally take the savagely unhealthy housing market theme off my talking points. What does this mean? million to 1.93

Inventory 522

Inventory New Listings Housing Market Sellers 522

Housing Wire

DECEMBER 14, 2023

Mortgage rates fell below the 7% threshold this week as markets prepared for Federal Reserve Chairman Jerome Powell’s announcement on Wednesday. 14, according to Freddie Mac ‘s Primary Mortgage Market Survey. Meanwhile, new listing activity also inched up slightly in recent weeks, another good sign for homebuyers who have more options.

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Mortgage New Listings Loan Officers Inventory 485

Housing Wire

JANUARY 20, 2023

housing market , we just experienced an event that most people never thought could happen. If you believe people sell to become homeless, then you’re in the group of people that have simply not read housing data for decades. During that period, we saw new listing data decline. The days on market were too low.

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Inventory Housing Market New Listings Marketing 541

Housing Wire

JANUARY 6, 2024

I believe we should get more sellers in 2024 than in 2023, but that doesn’t necessarily mean home prices will fall. This is why following the housing market tracker tied to the 10-year yield, mortgage rates, and purchase application data will be as critical as last year to tell you what’s going on in the housing market.

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Inventory New Listings Housing Market Mortgage 542

Housing Wire

APRIL 5, 2022

New listings have not kept up with the large number of families looking to buy, leading to homes selling quickly and often above list price,” Nothaft said. Upstate New York had the lowest appreciation rates in the country, with Ithaca posting a 5.2% increase and Elmira with 3%, according to the news release.

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Sellers Inventory New Listings Real Estate 458

Housing Wire

NOVEMBER 9, 2022

But I need to explain why this level has more in common with 2014 housing data than the credit stress markets of 2005-2008, and why you should care. Understanding this data line and what it is trying to tell you will be more valuable than erroneously thinking the market is crashing and we’ll see a wave of foreclosures.

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New Listings Inventory Housing Market Sellers 496

Miller Samuel

JUNE 28, 2020

Keeping Housing Market Results From The Public Is Never Justified: An Expansive View. When the Covid-19 crisis began halfway through March, the Manhattan housing market was placed on “pause,” as were many housing markets around the country. Days on market during Covid-19. Only sellers matter?

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Housing Market Marketing Real Estate Sellers 221