Housing Wire

DECEMBER 2, 2021

Zillow said Thursday that more than 50% of its remaining iBuying inventory “has sold, is under contract to sell or has reached agreement on disposition terms.”. The over 50% inventory being moved is more than half of the 18,000 number, a company spokesperson said Thursday. Such assertions have not allayed some investors.

Inventory 421

Inventory Real Estate Agent Investors Market Value 421

Appraisal Buzz

JUNE 24, 2022

In a battle for the nation’s limited housing stock, a panel of experts take to Capitol Hill to discuss SFR investors and their impact on the current marketplace. The post The Week Ahead: Finding Balance Within Housing Inventory appeared first on DSNews.

Inventory 195

Inventory Investors Appraisal 195

Housing Wire

JUNE 8, 2021

One issue is that among the low inventory, there are even fewer homes that are move-in ready, said Keith Lind, executive chairman and president of Acra Lending. “We We actually have a lower inventory of homes that people really want to live in turnkey,” Lind said.

Inventory 331

Inventory Renovations Lending Construction 331

Housing Wire

MARCH 9, 2022

On a call with investors Tuesday evening, CEO Josh Harley said the firm is looking to achieve profitability “in the near future.”. “A Frenegal told investors that the overall attach rate for all of Fathom’s ancillary services was 5-6% and that they hope to increase this to 10% in the next 12-18 months.

Inventory 344

Inventory Brokerage Realty Real Estate 344

Inman

AUGUST 14, 2023

Retail investors and local landlords offer real estate agents a wide array of options for staying active in a market bereft of traditional inventory, you simply need to know how to connect with them.

Inventory 145

Inventory Real Estate Agent Landlords Retail 145

Appraisal Buzz

OCTOBER 1, 2021

A new survey has revealed that real estate investors are not viewing the market as favorably as they once did in light of low inventory and rising costs. The post Why Are Investors Souring on the Housing Market? appeared first on DSNews. appeared first on Appraisal Buzz.

Housing Market 195

Housing Market Investors Marketing Real Estate 195

Appraisal Buzz

OCTOBER 1, 2021

A new survey has revealed that real estate investors are not viewing the market as favorably as they once did in light of low inventory and rising costs. The post Survey Finds Investors Leary About Current Housing Market appeared first on Appraisal Buzz.

Housing Market 195

Housing Market Investors Marketing Real Estate 195

Appraisal Buzz

SEPTEMBER 23, 2021

Mortgage rates rose slightly this week to 2.88%, still below the 3% with prospective homebuyers snatching up all available inventory. The post Foreign Investor Treasury Purchases Hold Mortgage Rates Steady appeared first on theMReport.com.

Investors 195

Investors Mortgage Inventory Appraisal 195

Housing Wire

MARCH 5, 2024

Meanwhile, inventory levels have shown year-over-year growth despite the prevailing high mortgage rates. 23 and March 1, inventory rose from 497,608 to 498,339 (up 0.15%), according to Altos Research. 23 and March 1, inventory rose from 497,608 to 498,339 (up 0.15%), according to Altos Research. Between Feb. Between Feb.

Mortgage 442

Mortgage Inventory Sellers Investors 442

Housing Wire

APRIL 18, 2024

Existing home sales fell in today’s report , which isn’t surprising, but one headline that shocked some people was that home prices are still up year over year, even with higher inventory and higher mortgage rates. Of course this isn’t the healthiest housing inventory story. from the previous year ($375,300). All four U.S.

Inventory 481

Inventory Housing Market New Listings Buyers 481

Appraisal Buzz

NOVEMBER 23, 2021

Spurred by lingering inventory concerns and continued low rates, real estate investors bought a record 18% of the total homes sold, according to a new report. The post Investors Acquire a Record 90,000+ Homes in Q3 appeared first on theMReport.com.

Investors 150

Investors Inventory Real Estate Appraisal 150

Housing Wire

NOVEMBER 30, 2023

“The modest uptick in demand over the last month signals that there will likely be more competition in a market that remains starved for inventory.” Despite the Federal Reserve’s mixed signals about rate hikes, many investors believe that the Fed won’t hike rates at the next Federal Open Markets Committee meeting on Dec.

Mortgage 506

Mortgage Inventory Tools Investors 506

Eyes on Housing

FEBRUARY 18, 2022

Despite record-low inventory and higher prices, existing home sales jumped in January as buyers expected further rate increases and locked in current low rates, according to the National Association of Realtors (NAR). However, investors with all-cash offers were squeezing out first-time and young homebuyers.

Inventory 158

Inventory Realtors Investors Buyers 158

Housing Wire

MARCH 18, 2022

Inventory has broken to all-time lows, but it doesn’t look like the year-over-year data will be positive at all this year unless demand softens up. NAR Research : Unsold inventory sits at a 1.7-month NAR Research : Unsold inventory sits at a 1.7-month However, negative year-over-year inventory is not what we want to see.

Housing Market 542

Housing Market Marketing Inventory Sellers 542

Housing Wire

APRIL 25, 2024

“Meaningful gains will only occur with declining mortgage rates and rising inventory.” Existing-home inventory in March improved 14.4% Some of these all-cash buyers are investors, but the majority are repeat homebuyers who are able to roll equity from a home sale into their next purchase. New-home sales jumped by 8.8%

Inventory 411

Inventory Buyers Realtors Investors 411

Appraisal Buzz

MARCH 21, 2024

Helping to boost existing-home sales in February was that inventory increased 1.07 Housing demand has been on a steady rise due to population and job growth, though the actual timing of purchases will be determined by prevailing mortgage rates and wider inventory choices.” million in February, an increase of 9.5% That’s about a 2.9-month

Inventory 394

Inventory Realtors Investors Buyers 394

Inman

MARCH 21, 2023

Real estate investors are heading into spring facing the same inventory and interest rate woes that are dampening all of real estate. But sometimes necessity is the mother of invention.

Investors 117

Investors Finance Real Estate Inventory 117

Housing Wire

JUNE 28, 2022

The housing market can’t replicate the type of massive credit expansion we saw from 2002-2005, so the price-growth story has more to do with inventory collapsing to all-time lows. million total housing inventory data as that is the level of inventory that would change my thesis that this is a savagely unhealthy market.

Housing Market 450

Housing Market Marketing Inventory Investors 450

Housing Wire

MAY 8, 2024

In down markets, the best agents and the best brokerages gain market share,” Reffkin, the CEO of Compass, told investors and analysts during his firms first-quarter 2024 earnings call on Wednesday evening. “We We have brought down expenses and continue to grow our agent count and inventory advantage,” Reffkin said.

Agents 367

Agents Brokerage Real Estate Clients 367

Housing Wire

JUNE 15, 2022

Mohtashami focused on the latest inventory and the Federal Reserve’s rate hike announcement. HousingWire: Circling back to inventory, what is inventory data reflecting and how important is it to homebuyers? The weekly data is showing more inventory growth, so the NAR data will need time to catch up. Once we hit 1.52-1.93

Inventory 359

Inventory Investors Retail Housing Market 359

Housing Wire

JUNE 21, 2022

Now that we are almost in July, we can safely say the premise that once mortgage rates hit 4%, the mass panic selling of American homeowners who need to get out at all costs, driving total inventory up in the millions, hasn’t happened. Inventory skyrocketing back toward historical norms of 2 million to 2.5 Unsold inventory sits at a 2.6-month

Housing Market 539

Housing Market Marketing Inventory Mortgage 539

Housing Wire

FEBRUARY 15, 2024

We are excited about how we are set up for 2024 and beyond,” CEO Carrie Wheeler told investors and analysts listening to the firm’s Q4 2023 earnings call on Thursday evening. billion in inventory. billion in inventory. “We For iBuyer Opendoor , 2023 was all about moderation. “We

Business 351

Business Advertising Inventory Contracts 351

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. A few notes on the data above: obviously, distressed sales are not a thing and haven’t been for some time.

Inventory 449

Inventory Mortgage New Listings Marketing 449

Housing Wire

APRIL 14, 2023

The share is collected monthly in the Realtors Confidence Index and includes buyers who purchased primary homes, vacation homes and investors. Homebuyers placed competitive offers on homes while inventory grew increasingly difficult to find. First-time buyers today need more housing inventory to improve affordability.

Realtors 420

Realtors Buyers Inventory Sellers 420

Housing Wire

NOVEMBER 8, 2023

presentation to investors in the blank-check SPAC that took the company public in 2020. presentation slide for investors in the SPAC that took it public, also in 2020. Growth prospects At the end of September 2022, Opendoor had 16,873 homes in inventory. “The largest, undisrupted market in the U.S.,”

Marketing 410

Marketing Inventory Renovations Investors 410

Housing Wire

JULY 20, 2023

Mortgage rates dropped to 6.78% this week, the biggest weekly decline since mid-March, as investors digested a raft of mixed incoming economic data. To Ratiu, it is a clear signal that investors are still pricing a premium for the higher macro risk. Hence, the lower mortgage rates bring little relief to hopeful homebuyers.

Mortgage 321

Mortgage Construction Inventory Investors 321

Housing Wire

SEPTEMBER 28, 2023

Mortgage rates climbed again this week as investors braced themselves for ‘higher-for-longer’ conditions following last week’s Fed meeting. However, unlike the turn of the millennium, house prices today are rising alongside mortgage rates, primarily due to low inventory. Additionally, the yield on 10-year treasuries shot up to 4.6%

Mortgage 450

Mortgage Inventory Sellers Investors 450

Housing Wire

JULY 20, 2022

But, there is one bright spot — inventory is rising. This has been a concern of mine after the summer of 2020 as inventory levels were breaking all-time lows, facilitating unhealthy home price growth during a more prominent demographic patch in U.S. The one positive: Inventory is rising. Once total inventory levels reach 1.52-1.93

Inventory 506

Inventory Housing Market Marketing Realtors 506

Housing Wire

JANUARY 18, 2024

However, as purchase demand continues to thaw, it will put more pressure on already depleted inventory for sale,” said Sam Khater, Freddie Mac’s chief economist. Housing starts declined 9% in 2023, an indication that homebuyers looking to purchase a new construction home may continue to struggle with the lack of inventory this year.

Mortgage 527

Mortgage Inventory Retail Construction 527

Housing Wire

APRIL 18, 2024

Higher interest rates , shrinking Agency business and low inventory still threatens volume. Realtors , small business owners, gig workers, freelancers, real estate investors, CPAs, doctors and lawyers with their own practices all could be a non-QM borrower. Non-QM isn’t established simply because loans fall-out of Agency.

Marketing 391

Marketing Investors Real Estate Business 391

Housing Wire

DECEMBER 21, 2022

In addition, this is the fourth straight month of inventory declining, while days on the market are growingl! Plus, available housing inventory remains near historic lows.” Housing inventory. Today, inventory is almost 900,000 active listings below the lowest level of the four-decade average between 2 million and 2.5

Inventory 521

Inventory New Listings Housing Market Sellers 521

Housing Wire

OCTOBER 26, 2023

“Purchase activity has slowed to a virtual standstill, affordability remains a significant hurdle for many and the only way to address it is lower rates and greater inventory.” Elevated rates are making a dent in the mortgage volume As mortgage rates keep climbing, mortgage applications sank to their lowest level since 1995.

Mortgage 431

Mortgage Inventory Housing Market Realtors 431

Housing Wire

JUNE 8, 2022

2012: What they said: Shadow inventory will cause prices to fall. The reality: Inventory broke down in 2012, and the monthly supply data got below 6.0 The “shadow inventory” was not an issue as it took years to get rid of the distressed supply from the housing bubble years. million.

Inventory 545

Inventory Housing Market Marketing Mortgage 545

Housing Wire

SEPTEMBER 14, 2023

Mortgage rates inched back up this week and remain anchored north of 7% as investors focus on the impact of rising headline inflation ahead of next week’s Fed rate decision. On Wall Street and in Washington, investors believe that the Federal Reserve is poised to steer the economy toward a soft landing.

Mortgage 423

Mortgage Inventory Buyers Investors 423

Housing Wire

JULY 23, 2021

Acra Lending is doing what it can to help free up inventory. By working with borrowers in unusual circumstances, Acra is helping create opportunities for inventory to open up. In addition to low inventory, the massive competition in the market has led to an increase in home prices. 3-month bank statement. Jumbo products.

Housing Market 424

Housing Market Marketing Inventory Lending 424

Housing Wire

JANUARY 29, 2024

Bidding wars are picking up as mortgage rates decline and inventory stays low,” Redfin agent Shoshana Godwin told Redfin. of investors are anticipating the benchmark interest rate to remain the same after Wednesday’s FOMC meeting, according to the CME Group’s FedWatch tool. As of Monday, 97.9%

Buyers 371

Buyers Mortgage Agents Investors 371

Housing Wire

FEBRUARY 1, 2024

But investors anticipate that the central bank will begin cutting rates this spring. But inventory is likely to remain low as sellers may respond more slowly than anticipated, Realtor.com economist Jiayi Xu said in a statement. In December, both pending home sales and new home sales surged.

Mortgage 437

Mortgage Housing Market Sellers Inventory 437