Housing Wire

JUNE 29, 2023

Despite sluggish pending contract signings, the housing market is resilient with approximately three offers for each listing,” Lawrence Yun , the chief economist of NAR, said in a statement. The lack of housing inventory continues to prevent housing demand from being fully realized.” The Northeast (66.7)

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Contracts Inventory Housing Market Realtors 370

Housing Wire

NOVEMBER 6, 2020

The suburbs and rural areas of the Northeast are attracting more homebuyers, as Redfin reports that three out of the 10 metro areas with the largest net inflow increases are located in that area. Buyers] just kind of feel deflated , and are waiting it out, hoping that there will be more inventory next spring,” Buchbiner said.

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Housing Market Marketing Inventory Buyers 406

Housing Wire

JANUARY 30, 2024

With mortgage rates now lower and spring home buying demand already lurking, home prices will continue to rise, especially considering the outsized pent-up demand for homes coming from young buyers, those who have been waiting for lower rates, and huge influx of immigrants over the last couple of years.”

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Housing Wire

MAY 18, 2023

While it’s true that there are fewer buyers who can afford to compete in today’s housing market, a key piece of the story is that there are fewer homes for those buyers to shop for,” Nicole Bachaud, the senior economist at Zillow , said in a statement. million) dropping 20.2%, the Northeast (annual rate of 510,000) falling 23.9%

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Inventory Buyers Realtors Housing Market 393

Housing Wire

MARCH 29, 2023

Pending home sales rose for the third month in a row in February, but at 0.8%, the uptick over January was less than is typically seen in the run-up to the spring housing market. Even though rates ticked up in February, some buyers took the plunge anyway, anxious that mortgage rates would be moving even higher this spring.”

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Contracts Realtors Home Value Housing Market 302

Housing Wire

OCTOBER 28, 2022

If approved, the combination of NYCB and Flagstar would create one of the largest regional banks in the country, operating 395 branches across a nine-state territory, including the Northeast and the Midwest with exposure to high-growth markets in the Southeast and West Coast. Presented by: Flagstar.

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Housing Wire

MARCH 2, 2023

Temperatures are rising, the sun is setting later, and the daffodils are starting to peek their green leaves out of the earth — spring is coming. The pandemic definitely changed the real estate market ,” Todd Alperin, a Better Homes and Gardens Real Estate The Masiello Group agent based in Southern New Hampshire, said.

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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.

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Contracts Realtors New Listings Real Estate 477

Housing Wire

FEBRUARY 22, 2024

Regionally, sales accelerated on a monthly basis in the Midwest, South and West, while they held steady in the Northeast. What to expect for the spring buying season? Year over year, sales dipped 1.7%, down from 4.07 million in January 2023. Year over year, sales increased in the West and decreased everywhere else. and Denver.

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Inventory Sellers Buyers Realtors 424

Housing Wire

MAY 27, 2021

Adding to the supply crunch is the fact that homebuilders this spring have faced escalating costs, noted Joel Kan, associate vice president of economic and industry forecasting for the Mortgage Bankers Association. In the Northeast, which saw a massive exodus at the height of the pandemic as families fled big cities, pending sales fell 12.9%

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Inventory Realtors Contracts Marketing 433

Housing Wire

DECEMBER 5, 2022

I think it’s been more cyclical and we are going to have that spring and summer rush.”. Of the 421 respondents, 44% closed transactions in the South, 20% in the Midwest, 19% in the West, 15% in the Northeast and 1% in the U.S. Territories. Digital closings continue to evolve – What title companies need to know.

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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. Unsold inventory sits at a 3.0-month

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Housing Market Marketing Inventory Law 519

Cleveland Appraisal Blog

MAY 9, 2024

Pickleball Mania Gets Northeast Ohio’s Elderly Community Moving (clevelandmagazine.com) : Pickleball is keeping folks moving in Ohio… Cleveland housing prices are also on the move! Here’s a search result for Northeast Ohio. Let’s get do what’s happening with housing stats in Northeast Ohio.

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Inventory Appraisal Real Property Property Appraisal 344

Housing Wire

MAY 2, 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. The impact on housing markets. The areas that may see an uptick in distressed activity are along the Gulf Coast and some parts of the Northeast.

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Housing Market Marketing Buyers Inventory 382

Housing Wire

SEPTEMBER 27, 2023

That favors markets in the Northeast and Midwest, where prices are lower, and comes at the expense of markets in the West, where prices are higher, recently published data from Zillow suggest. Take the Zillow Home Value Index. It is smoothed and seasonally adjusted, and data for August were published Sept.

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Home Value Inventory Housing Market Valuation 414

Housing Wire

APRIL 29, 2024

It’s still April, so there could be as many as eight more weeks of seller growth in the spring housing market. housing market at the end of April 2024. Housing inventory There are now 556,000 single-family homes on the market. This week last year was the final decline of the spring season.

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Housing Wire

JULY 20, 2023

Also noteworthy, prices rose in the Northeast and Midwest but waned in the South and West. We’ve seen home sales drop on an annual basis since the Federal Reserve began hiking the benchmark rate in spring of 2022. Zooming in on the Northeast, existing-home sales there grew 2.0% from June 2022. from the prior year.

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Inventory Buyers Construction Realtors 369

Housing Wire

FEBRUARY 15, 2023

Temperatures are slowly starting to rise in many parts of the country as we head into spring — and so is homebuilder sentiment, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report, released Wednesday.

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Mortgage Supply Chain Housing Market Construction 404

Housing Wire

APRIL 25, 2023

“While still lower than new home sales a year ago, this bump in new inventory is important for keeping the market on a healthy and sustainable trajectory, especially during this spring home shopping season. The South (386,000 homes) was the only region to fall on a monthly basis, recording a 5.4%

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Construction Inventory Buyers Real Estate 404

Housing Wire

AUGUST 10, 2020

Rather than a typically busy spring home-buying season , the COVID-19 pandemic pushed the bulk of home-buying this year into the summer months, and real estate agents are busier than ever. The South followed, at 20%; the Northeast at 13%; but the West actually declined, by 4%. For Beaupre, the San Diego market has been “on fire.”

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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?

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Housing Market Marketing Appraisal Inventory 369

Housing Wire

JUNE 22, 2023

Home sales have been dropping on an annual basis since the Federal Reserve began hiking the benchmark rate in spring of 2022. 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. million in May 2022.

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Inventory Construction Realtors Marketing 382

Housing Wire

NOVEMBER 16, 2022

Homebuilder confidence continued to drop in November, hitting its lowest level since June 2012, with the exception of the onset of the COVID-19 pandemic in the spring of 2020, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report, released Wednesday.

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Buyers Mortgage Real Estate Housing Market 545

Housing Wire

MAY 16, 2023

Homebuilder confidence is continuing to trend upward this spring, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report, released Tuesday. The Northeast held steady month over month at a reading of 45.

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Construction Inventory Buyers Housing Market 424

Housing Wire

FEBRUARY 20, 2024

Inventory is up over last year and is about to turn the corner and start climbing for the spring selling season, probably within a couple weeks. The housing market data has been changing very rapidly this year. New listings rise New listings continue to show us that more sellers are interested in this market this year.

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Mortgage Inventory Sellers New Listings 498

Housing Wire

DECEMBER 19, 2022

Homebuilder sentiment dropped yet again in December, hitting its lowest reading since mid-2012, with the exception of the onset of the COVID-19 pandemic in the spring of 2020. In December, builder confidence in the market for newly built single-family homes fell two points compared to November.

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Contracts Construction Buyers Housing Market 414

Housing Wire

FEBRUARY 16, 2024

New starts in the Northeast and the Midwest fell 20.6% Housing inventory remained low in January and new homes still accounted for about 30% of all homes available for sale. The regions that suffered the most winter storms posted the biggest declines in January. and 30% month over month, respectively.

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Housing Wire

SEPTEMBER 19, 2022

Homebuilder confidence slid again in September, hitting its lowest level since May 2014 with the exception of the spring of 2020 at the onset of the pandemic, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report, released Monday.

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Buyers Housing Market Construction Marketing 382

Housing Wire

FEBRUARY 25, 2021

Despite the decline, many industry observers see big potential for the housing market in the year ahead. It’s no secret that low mortgage rates and societal shifts brought on by COVID-19 have collided to form a red-hot housing market. And inventory shortages are the culprit.

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Housing Wire

MARCH 16, 2023

Although homebuilder sentiment in sales expectations for the next six months did drop slightly in the most recent National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report, building permits are starting to trend upward, at least on a monthly basis. in the Northeast. year over year.

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Buyers Construction Finance Housing Market 414

Housing Wire

APRIL 17, 2023

As existing home inventory continues to fall, builder confidence is on the rise, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report, released Monday. Another survey, the BTIG/HomeSphere State of the Industry Report, also reported an improvement in homebuilder outlook.

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Inventory Loan Conditions Buyers Housing Market 382

Housing Wire

SEPTEMBER 20, 2021

Confidence among homebuilders steadied over the past month despite continuing material and labor challenges, according to the latest National Association of Home Builders (NAHB) and Wells Fargo Housing Market Index (HMI) report.

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Construction Housing Market Marketing Buyers 414

Housing Wire

JANUARY 8, 2024

Could the housing market change and slow again in 2024? The data does not show any slowing on any of the active market metrics. Unfortunately the Western and Northeast states have less available inventory than last year. Some markets are still down from the pandemic peaks and haven’t found the bottom yet.

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Real Estate Marketing Inventory New Listings 488

Housing Wire

MAY 23, 2023

This spring, new home sales are a more important part of the market than they would be in a more typical year. The West (140,000 homes) and the Northeast (24,000 homes) fell on a monthly basis, recording decreases of 9.1% In April, new single-family home sales were about 14% of total home sales nationwide.

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Inventory Construction Development Buyers 393

Housing Wire

MARCH 22, 2021

in the Northeast, up 14.2% “We are anticipating a strong spring housing market,” said Mike Fratantoni, MBA’s senior vice president and chief economist. February’s national price jump also marked 108 straight months of year-over-year gains — that’s nine years of home prices not backing down.

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Supply Chain Inventory Realtors Housing Market 414

Housing Wire

OCTOBER 19, 2022

On a year over year basis, September’s annual housing start rate was down 7.7%. Soaring interest rates took hold of the housing market in September, with rates climbing towards 7%,” Nicole Bachaud, an economist at Zillow , said in a statement. million housing units under construction, an all-time record. in the Northeast.

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Housing Wire

JANUARY 19, 2023

As the housing market slowed from its frenzied peak in 2022 due to soaring mortgage rates, homebuilders pulled back. An estimated of 1.533 million housing units were started in 2022, down 3.0% Department of Housing and Urban Development. While housing starts were down in 2022, housing completions posted a 3.8%

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Inventory Construction Development Housing Market 393