The inventory myth & dipping prices

Sacramento Appraisal Blog

The myth of six months of inventory being normal and dipping prices. Let’s talk about two things today. I’d love to hear your take in the comments.

Taking Inventory

Appraisal Buzz

The post Taking Inventory appeared first on theMReport.com. The post Taking Inventory appeared first on Appraisal Buzz. Tian Liu details what does the housing market needs to do to make the American Dream more attainable for all.

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Is housing inventory growth really slowing down?

Housing Wire

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. However, inventory accumulation due to weakness in demand is only one of many ways to see inventory increase.

Housing inventory has never been lower

Housing Wire

It’s official – housing inventory in America is at a crisis level. Ever-tightening housing inventory and steady demand has resulted in median home sale prices hitting a new all-time up of $360,375, just two weeks after hitting another all-time high.

Mortgage market affordability and inventory challenges

Housing Wire

With a rapid spike in interest rates, inventory at historic lows, home prices rising at unprecedented levels above income, and a purchase market that is both highly anxious and digitally reliant, mortgage and real estate professionals must be strategic to capture the market opportunity today.

Home inventory uptick expected within 6 months

Housing Wire

Nearly 65% of homeowners planning to sell this year expect to list by the end of summer, which should provide a much-needed influx of inventory that should slow the explosive home price growth seen during the pandemic, according to a Realtor.com survey of prospective sellers.

Homebuilders urge Congress to address inventory crisis

Housing Wire

The post Homebuilders urge Congress to address inventory crisis appeared first on HousingWire. Uncategorized Congress Homebuilders Homeownership Inventory Inventory crisis inventory shortage labor market Tax reform Zoning policies

Housing inventory nationwide rises for the first time in years

Housing Wire

That marks the first month since July 2019 (pre-pandemic) that housing inventory increased year over year. At the same time, homebuyers are facing less competition as home inventory starts to bump up slightly. Housing Market Real Estate Daryl Fairweather housing inventory

Why housing inventory is so low right now

Housing Wire

Given the current housing inventory crisis, it might surprise people to realize this: we built too many homes during the housing bubble years. So how should we look at the inventory situation? Inventory is seasonal, rising in the spring and summer and fading in the fall and winter.

Purchase apps are at 2009 level: where’s the inventory?

Housing Wire

It’s an excellent time to discuss housing inventory. How can housing inventory be so low today when it skyrocketed back in 2009? I don’t believe housing inventory below 1.52 The monthly spike in the new home sales sector looks like massive inventory should be here.

Housing inventory is still at a crisis level

Housing Wire

So few single-family homes are for sale in America that just two months of inventory is available across the top 100 metro areas in the country, a historic low. In Dallas, listings under $2 million have less than three months of inventory. Blink and you’ll miss your dream home.

Fannie Mae: Affordability fears affecting housing inventory

Housing Wire

A blog by two Fannie Mae researchers — Rachel Zimmerman, market research advisor, and Kim Betancourt, senior director of economics and multifamily research — published this week said that consumer perception around housing affordability is in part contributing to inventory constraints.

Q1 REO Inventory Increases 3%

Appraisal Buzz

The post Q1 REO Inventory Increases 3% appeared first on DSNews. The post Q1 REO Inventory Increases 3% appeared first on Appraisal Buzz. Since entering conservatorship in 2008, Fannie Mae and Freddie Mac to date have assisted nearly 6.5

Housing Inventory Down 22% From Last Year

Appraisal Buzz

Despite this, the pace … The post Housing Inventory Down 22% From Last Year appeared first on theMReport.com. The post Housing Inventory Down 22% From Last Year appeared first on Appraisal Buzz.

When will housing inventory recover?

Housing Wire

The relative pressure of supply vs. demand in the housing market is gauged by the level of active inventory. Like dropping barometric pressure, plunging inventory usually foretells stormy conditions: Faster price growth and faster sales. The post When will housing inventory recover?

Mike Simonsen: “Inventory is climbing, is the supply crisis over?”

Housing Wire

The market’s insatiable demand for real estate, combined with low interest rates and even lower inventory, created a feeding frenzy that drove insane bidding wars, sent home prices skyrocketing, and frustrated many would-be home buyers. And as home sales slow, inventory is climbing quickly.

Housing market inventory is starting to recover

Housing Wire

That’s depleting inventory across the country. “In nearly every market, 20% more inventory means 20% more home sales,” said Lawrence Yun, chief economist for the National Association of Realtors.

The ugly side of housing: low inventory

Housing Wire

After eight months of consecutive gains, the consequences of low inventory finally caught up with the housing market in February. Gradually increasing mortgage rates, heightened home prices and inventory levels at historic lows finally coalesced in February to depress in-contract deals.

Why housing inventory is so low right now

Housing Wire

Given the current housing inventory crisis, it might surprise people to realize this: we built too many homes during the housing bubble years. So how should we look at the inventory situation? Inventory is seasonal, rising in the spring and summer and fading in the fall and winter.

Sales Dip Nationwide as Inventory Grows

Appraisal Buzz

The post Sales Dip Nationwide as Inventory Grows appeared first on DSNews. The post Sales Dip Nationwide as Inventory Grows appeared first on Appraisal Buzz. The nation’s supply of homes jumped for the fourth consecutive month in July, as there were 13.3%

Dip in Housing Starts Boosting Inventory

Appraisal Buzz

family housing starts were down in June, home buyers today are presented with more options, as new-home inventory is accounting for a bigger share of the total housing supply. The post Dip in Housing Starts Boosting Inventory appeared first on DSNews. While single?family

Elliman Magazine Column - A Symptom of Chronic Inventory Lows: Bidding Wars Are Everywhere

Miller Samuel

Listing inventory has essentially collapsed in most U.S. In the current issue of Elliman Magazine: Spring/Summer 2022 , my column "A Symptom of Chronic Inventory Lows: Bidding Wars Are Everywhere".

‘Stale’ Housing Inventory Rises in July

Appraisal Buzz

of for-sale homes were on the market for at least 30 days, up from … The post ‘Stale’ Housing Inventory Rises in July appeared first on DSNews. The post ‘Stale’ Housing Inventory Rises in July appeared first on Appraisal Buzz. The share of U.S.

Zillow Reports Notable Recovery in Housing Inventory

Appraisal Buzz

Housing inventory saw significant recovery for the second straight month in June, indicating that the market may be on the road to rebalancing after a long stint of being heavily in sellers’ favor, according to the latest Zillow Real Estate Market Report.

Cause and Effect: Boomers Lifespans and Inventory

Appraisal Buzz

The post Cause and Effect: Boomers Lifespans and Inventory appeared first on Appraisal Buzz.

Inventory Makes a Recovery in June

Appraisal Buzz

Those experiencing woes due to the lack of available inventory may see relief on the horizon as early June numbers show that for-sale homes available to buyers climbed 18.7%—the The post Inventory Makes a Recovery in June appeared first on Appraisal Buzz.

Housing inventory is about to get better — here’s why

Housing Wire

The post Housing inventory is about to get better — here’s why appeared first on HousingWire. Economics Housing Market Mortgage Rates home price appreciation housing demographics housing inventory HWplus MORTGAGE RATES

Opinion: SFR companies not to blame for lack of inventory

Housing Wire

The claim by the authors that single-family rental home companies “swoop up much of the inventory” of homes from potential homebuyers is, in fact, not supported by the data in any way, shape, or form. of the nation’s total housing inventory.

Here’s how to fix the housing market inventory crisis

Housing Wire

housing market is in the midst of an inventory crisis. is hovering near record lows , caused by a pandemic-induced housing inventory death-spiral. To make homeownership a possibility for everyone, there needs to be a higher housing inventory of affordable homes. The U.S.

Housing Inventory Climbs for Third Consecutive Month

Appraisal Buzz

Realtor.com reports that the inventory of for-sale homes increased across the 50 largest metros by 41% in July. The post Housing Inventory Climbs for Third Consecutive Month appeared first on theMReport.com. The post Housing Inventory Climbs for Third Consecutive Month appeared first on Appraisal Buzz. Around The Web

Experts Project Inventory to Improve Gradually

Appraisal Buzz

That month-over-month increase was approximately half of the average … The post Experts Project Inventory to Improve Gradually appeared first on DSNews. The post Experts Project Inventory to Improve Gradually appeared first on Appraisal Buzz.

Top markets for affordable renovated housing inventory

Housing Wire

Renovated Inventory to the Rescue. Top Markets for Renovated Inventory. cities with at least 75 renovated property resales in the last three years, those with the most inventory of renovated homes were Chicago, Las Vegas, Jacksonville (Florida), Memphis, and Cincinnati.

Record Growth Reported for Housing Inventory

Appraisal Buzz

The post Record Growth Reported for Housing Inventory appeared first on DSNews. The post Record Growth Reported for Housing Inventory appeared first on Appraisal Buzz. The number of unsold homes in July increased for the first time since 2019, climbing by a record 30.7% year-over-year, according to Realtor.com. Around The Web

Will we start 2022 with all-time lows in housing inventory?

Housing Wire

2 million , we could be at risk of housing inventory falling to such low levels that I would have to categorize this housing market as unhealthy. We can see that inventory falling to such low levels has created unhealthy home-price growth in both 2020 and 2021.

Low inventory stifles April’s pending home sales

Housing Wire

Like new and existing sales, pending home sales felt the strain of exhausted home inventory in April ? The upper-end market is still moving sharply as inventory is more plentiful there.”. The post Low inventory stifles April’s pending home sales appeared first on HousingWire.

Existing home sales fall due to lack of housing inventory

Housing Wire

The sales for March would have been measurably higher, had there been more inventory.” ” Total housing inventory at the end of March amounted to 1.07 from February’s inventory but down 28.2%

Quick Acting Homebuyers Further Constricting Inventory

Appraisal Buzz

The post Quick Acting Homebuyers Further Constricting Inventory appeared first on theMReport.com. The post Quick Acting Homebuyers Further Constricting Inventory appeared first on Appraisal Buzz.

Homebuyers ‘Snatching Up’ New Inventory

Appraisal Buzz

“More homes were listed this summer, but they were … The post Homebuyers ‘Snatching Up’ New Inventory appeared first on theMReport.com. The post Homebuyers ‘Snatching Up’ New Inventory appeared first on Appraisal Buzz.

Supply Concerns Shun Inventory

Appraisal Buzz

One full year into the pandemic finds housing inventory dropping nearly 33% year-over-year, with the rising price of building materials impacting listings. The post Supply Concerns Shun Inventory appeared first on DSNews. The post Supply Concerns Shun Inventory appeared first on Appraisal Buzz. Around The Web

Listing Inventory Trends In The Time Of COVID

Miller Samuel

I created a chart for the publication which compares month listing inventory trends across a number of the markets we cover for Douglas Elliman. The Winter 2022 issue of Elliman Magazine was published this week and it is quite a beautiful publication.