Housing Wire

MARCH 22, 2023

Of the 40 metros analyzed, down payment percentages were highest in San Francisco (25%), followed by 10 metros, including Anaheim, California ; San Jose, California; New York; Oakland, California; Los Angeles; Seattle; San Diego; New Brunswick, New Jersey; Miami; and West Palm Beach, Florida, where the typical homebuyer put down a 20% down payment.

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Buyers Sellers Mortgage Realtors 404

Housing Wire

AUGUST 3, 2022

trillion in the second quarter, but it could be nearing its peak as major equity-rich markets on the West Coast begin to show signs of decline. While homeowners saw home equity rise, the pace of growth slowed, especially on the West Coast. All of the markets were on the West Coast including eight in California.

Lending 370

Lending Housing Market Marketing Investing 370

Housing Wire

MARCH 28, 2023

2023 began as 2022 had ended, with U.S. Despite this, the Federal Reserve remains focused on its inflation-reduction targets, which suggest that rates may remain elevated in the near-term. Mortgage financing and the prospect of economic weakness are therefore likely to remain a headwind for housing prices for at least the next several.”

Buyers 393

Buyers Inventory Contracts Finance 393

Housing Wire

JULY 18, 2023

For the seventh consecutive month, the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report rose month-over-month , gaining one-point to a reading of 56, according to a report released Tuesday. This is the index’s highest reading since June 2022.

Inventory 370

Inventory Construction Buyers Housing Market 370

Housing Wire

JUNE 29, 2021

housing market is being driven in part by reaction to the COVID pandemic, as potential buyers move from urban apartments to suburban homes. The jumbo market for brokers is back in a huge way. increase in the West and a 16.9% in the West-North-Central division to up 2.6% . “The 14.6% increase in the Southwest.

Housing Market 464

Housing Market Finance Inventory Investors 464

Housing Wire

AUGUST 11, 2023

compared to last year, according to the July Monthly Housing Market Trends Report from Realtor.com. “In may avoid a broad recession could cause high-end buyers to feel more confident in making a major purchase in the coming months. Seattle scored the biggest drop in share of expensive houses, from 39.3%

Marketing 370

Marketing Buyers Inventory Housing Market 370

Housing Wire

AUGUST 23, 2023

Building activity continues to be buoyed by a strong and steady demand, but there could be a shift underway in the housing market, warns Bright MLS Chief Economist Lisa Sturtevant. are likely to price out many prospective homebuyers this fall, and inventory , which is beginning to tick up in many markets. months below July 2022.

Inventory 370

Inventory Housing Market Finance Mortgage 370

Housing Wire

MAY 12, 2021

Officials are predicting sale numbers to easily eclipse $1 trillion by years end. While home prices could grow more slowly if mortgage rates rise, that would result in a more balanced housing market — which could actually lead to more home sales, said Redfin Chief Economist Daryl Fairweather. How much will be spent on homes?

Housing Market 414

Housing Market Inventory Mortgage Market Value 414

Housing Wire

OCTOBER 28, 2021

“Contract transactions slowed a bit in September and are showing signs of a calmer home price trend, as the market is running comfortably ahead of pre-pandemic activity,” Lawrence Yun, NAR’s chief economist, said in a statement. The South and the West saw 1.8% Pending contracts are good early indicators of upcoming sales closings.”.

Inventory 414

Inventory Renovations Contracts Buyers 414

Housing Wire

MAY 27, 2021

The upper-end market is still moving sharply as inventory is more plentiful there.”. Yun anticipates housing supply to improve as a whole as soon as this fall. Factors that would increase inventory include homeowners feeling more comfortable listing their properties and the end of forbearance periods. in April, up 45.3%

Inventory 433

Inventory Realtors Contracts Marketing 433

Housing Wire

JUNE 22, 2021

Sales in the Northeast, South and West, however, fell by 1.4%,4% “Lack of inventory continues to be the overwhelming factor holding back home sales, but falling affordability is simply squeezing some first-time buyers out of the market,” said Lawrence Yun, NAR’s chief economist. “The The region rose 1.6%

Inventory 414

Inventory Buyers Realtors Housing Market 414

Housing Wire

NOVEMBER 30, 2020

According to Joel Kan, the Mortgage Bankers Associations assistant vice president of economic and industry forecasting, that robust year-over-year improvement in activity is a sign the market will continue to see sustained demand for housing through the end of 2020. The Midwest dropped 0.7% but remained 19.6%

Realtors 532

Realtors Inventory Contracts Development 532

Housing Wire

DECEMBER 23, 2020

The West came in second at a 17.3% The West came in second at a 17.3% month supply – inching ever closer to the six-month supply sweet spot that suggests a balanced market. a record low in the series dating back to 1963, while the share of homes sold-but-not-yet-started was at a level only seen during the housing bubble in 2005.”

Construction 402

Construction Inventory Buyers Marketing 402

Housing Wire

JUNE 22, 2023

The days on market are back to a teenager level in the existing home sales market, which means I can officially say we are back to a savagely unhealthy housing market! Nothing good happens in the housing market when the days on market are at a teenager level or lower. million in May.

Housing Market 519

Housing Market Marketing Inventory Law 519

Housing Wire

JUNE 16, 2023

Local housing markets is a HousingWire magazine feature spotlighting housing trends across the country. Recently, Bergen County has been home to one of the hottest housing markets in the country. Although the market in Walton County cooled in the later part of 2022 and in the early months Pasadena, Calif.

Housing Market 370

Housing Market Marketing Inventory Transportation 370

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. Today, the Federal Reserve achieved its primary goal; the days on the market are now above 30 days, which was the most important data line to get housing back to somewhat normal.

Housing Market 404

Housing Market Marketing Inventory Buyers 404

Housing Wire

DECEMBER 16, 2021

When this article was published, the unemployment rate is at 4.2%, inflation is above 6%, and both stock market and housing market values are elevated. MBA forecasts that the unemployment rate will dip below 4% next year, ending the year at 3.5%. today, will reach 4% by the end of 2022. What if it doesn’t?).

Marketing 450

Marketing Mortgage Supply Chain Inventory 450

Housing Wire

MAY 6, 2024

home prices continued to climb in March as a persistent shortage of homes for sale helped to buoy the housing market, according to the Intercontinental Exchange (ICE) Home Price Index. Mortgage holders in these West Coast metros hold a cumulative $2.7

Mortgage 471

Mortgage Inventory Housing Market Government 471

Houston Properties

JANUARY 13, 2021

Houston Housing Market Forecast: Current Data & 2021 Predictions. Concerned about a housing market crash? SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. High-quality homes sell in nearly every market. Worried about missing out on a boom?

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Housing Wire

MAY 15, 2024

Government-sponsored enterprise (GSE) Freddie Mac has put its finger on the scale of an emerging loan market that has been the domain of the private-label securities market, which has nurtured its reemergence in recent years. billion have been securitized in the private-label market, “of which $4.5

Investors 464

Investors Mortgage Marketing Finance 464

Housing Wire

MAY 15, 2024

Government-sponsored enterprise (GSE) Freddie Mac has put its finger on the scale of an emerging loan market that has been the domain of the private-label securities market, which has nurtured its reemergence in recent years. billion have been securitized in the private-label market, “of which $4.5

Marketing 412

Marketing Investors Mortgage Finance 412

Will Springer Realtor

APRIL 14, 2023

APRIL HOUSING UPDATE The signs are generally pointing in the right direction for our local (and national) residential real estate scene, but it is taking more time than usual to turn a cruise-ship-sized sector around without leaving damage in its wake. It’s a 5-bed, 5.5-bath bath , 11,412 sq. Oh, did I mention your own 62 ft.

Contracts 36

Contracts Buyers Housing Market Design 36

Housing Wire

DECEMBER 13, 2022

As the growth rate of inflation fades more and more, the fear of 8%-10% mortgage rates, which was the fantasy of every American bear, is slowly slipping from their fingers because those mortgage rates would be very problematic for the housing market and the economy. could avoid a recession near term. Also, the U.S.

Mortgage 536

Mortgage Housing Market Marketing 536

Housing Wire

JULY 13, 2023

The housing market tends to be ‘downside sticky,’ which means rents don’t typically fall much even when renter demand pulls back,” Redfin Deputy Chief Economist Taylor Marr said in a statement. But with rents near their record high, most renters still aren’t finding big bargains.” at the end of last year.

Landlords 368

Landlords Brokerage Construction Marketing 368

Housing Wire

JANUARY 3, 2024

Housing teachers Aspen is famous for ski slopes and luxury housing. With housing generally unaffordable compared to its neighbors, Aspen has provided some housing for teachers for decades, but it doubled down on this effort in the last two years – spending $40.8 Pecos-Barstow-Toyah ISD in West Texas is spent $16.6

Landlords 457

Landlords Home Value Construction Renovations 457

Housing Wire

JANUARY 12, 2023

The housing inventory shortage dominated much of the conversation surrounding the housing market in 2022, but thanks to softening homebuyer demand, the number of active listings finished the year up 54.7% compared to the year prior, according to Realtor.com’s December Housing Report. percentage points) and the West (+8.7

Inventory 531

Inventory Buyers New Listings Sellers 531

Housing Wire

APRIL 20, 2023

That will pick up speed toward the second half of 2023 and we could see some positive year-over-year data toward the end of the year. One aspect I didn’t like to see in this report is that the days on market fell and are back to under 30 days. NAR: Total housing inventory registered at the end of March was 980,000 units, up 1.0%

Inventory 525

Inventory Housing Market Marketing New Listings 525

Housing Wire

JULY 13, 2023

The housing market tends to be ‘downside sticky,’ which means rents don’t typically fall much even when renter demand pulls back,” Redfin Deputy Chief Economist Taylor Marr said in a statement. But with rents near their record high, most renters still aren’t finding big bargains.” at the end of last year.

Landlords 277

Landlords Brokerage Construction Marketing 277

Housing Wire

JULY 20, 2023

Also noteworthy, prices rose in the Northeast and Midwest but waned in the South and West. Total housing inventory recorded at the end of June was 1.08 Although all four regions experienced year-over-year sales declines, the Northeast fared better while the Midwest held steady, and the South and West posted decreases.

Inventory 368

Inventory Buyers Construction Realtors 368

Town & Country Residential Appraisals

FEBRUARY 24, 2020

The good news is that this means that housing market crashes are far less severe in western PA due to a principle called “mean reversion.” However, in 2000 the median home price begins to accelerate rapidly, ending in a reversion below its mean in 2006-2009. The housing crisis was not nearly as deep for our region.

Construction 36

Construction Real Estate Housing Market Marketing 36

Housing Wire

JANUARY 9, 2023

“With many homebuilders feeling the impact of rising mortgage rates on new-home sales, delivering units for rent is expected to continue to become a larger segment of the overall single-family housing market.”. While the market share of [single-family] BFR homes is small, it has clearly been trending higher,” the NAHB report continues.

Housing Market 544

Housing Market Marketing Construction Development 544

Housing Wire

JULY 10, 2023

As the spring homebuying season comes to an end, there are distinct signs of the housing market reheating from a home price perspective. markets seeing prices at or above 2022 peaks. The lack of inventory drove home prices up, challenging potential buyers, Black Knight pointed out in its monthly mortgage monitor report.

Inventory 393

Inventory Housing Market Sellers Marketing 393

Housing Wire

MAY 6, 2021

Housing affordability weakened slightly during the first quarter of 2021, according to the latest report from the National Association of Home Builders and Wells Fargo Housing Opportunity Index. of new and existing homes sold between the beginning of January and end of March were affordable to families earning the U.S.

Housing Market 433

Housing Market Marketing Market Value Construction 433

Housing Wire

DECEMBER 19, 2022

This drop marks one full year of declines in builder confidence, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report, released Monday. In December, builder confidence in the market for newly built single-family homes fell two points compared to November.

Contracts 414

Contracts Construction Buyers Housing Market 414

Appraisal Today

MARCH 15, 2024

What if there are few rural areas near you? Traveling west (to Hawaii) does not affect me at all. However, a closer examination reveals potential drawbacks, raising questions about its efficacy and impact on the housing market. Four people drove up from Pittsburgh, nearly five hours away, to see the house.

Appraisal 70

Appraisal Inspection Modernization Business 70

Housing Wire

JUNE 22, 2023

Total housing inventory recorded at the end of May was 1.08 Though all four regions experienced year-over-year sales declines, the South and West posted month-over-month improvements while sales faltered in the Northeast and Midwest from April. Prices grew in the Northeast and Midwest but fell in the South and West.

Inventory 382

Inventory Construction Realtors Marketing 382

Housing Wire

NOVEMBER 30, 2023

The proctors may also carefully inspect eyeglass frames, ends of sleeves, pant leg bottoms, or any other apparel that could be used to hide notes or a recording device. Ohio has reciprocity agreements with Arkansas, Connecticut, Kentucky, Mississippi, Nebraska, Oklahoma, West Virginia, and Wyoming.

Real Estate 424

Real Estate Real Estate Agent Brokerage Agents 424