Housing Wire

MAY 2, 2024

The housing market has been on a topsy-turvy roller-coaster ride in recent years that has been particularly neck wrenching since this past fall, fueled by stubbornly high inflation and a still-strong jobs market. Treasury market — jumping to as high as 121 in mid-April after ending March near 85.

Marketing 363

Marketing Mortgage Investors Sellers 363

Housing Wire

JUNE 28, 2022

This data line lags the current housing market as it’s a few months old. 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. The reality is that home sellers and builders had too much pricing power.

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Housing Market Marketing Inventory Investors 448

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.

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Inventory Housing Market New Listings Buyers 473

Housing Wire

MARCH 5, 2024

Meanwhile, inventory levels have shown year-over-year growth despite the prevailing high mortgage rates. Most home sellers are buyers of homes, so the action we are seeing this year is a healthy step in the right direction to get more balance in the housing market ,” Mohtashami wrote on Saturday. Between Feb. Between Feb.

Mortgage 423

Mortgage Inventory Investors Sellers 423

Appraisal Buzz

JUNE 4, 2024

from May 2019, yet inventory has decreased 34.2% compared to normal 2017 to 2019 levels, indicating that the market remains seller-friendly. “In The specifics will vary from market to market, but the data suggest ongoing opportunity for many sellers. said Danielle Hale, Chief Economist, Realtor.com. “In

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Sellers Inventory Buyers Insurance 370

Housing Wire

JUNE 13, 2024

That’s a place where rates are really having a significant effect,” Powell said during a press conference after Wednesday’s meeting of the Federal Open Markets Committee (FOMC). “As of now, the market is pricing in just one cut by the end of the year and 2-3 cuts in 2025.

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Inventory Mortgage Sellers Housing Market 344

Housing Wire

APRIL 14, 2023

This article is part of our 2023 Housing Market Forecast series. The monthly Realtors Confidence Index is an essential measure of what real estate professionals are seeing in their local markets and how the market is evolving on a monthly basis. One such measure is who is entering the market. Today, the average is 2.7

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Realtors Buyers Inventory Sellers 407

Housing Wire

FEBRUARY 21, 2023

High-volume home sellers are in a bit of a pickle in today’s market thanks to rapidly rising mortgage rates last year. We’re just trying to move inventory quickly,” said Lee Kearney, a Tampa, Florida-based real estate investor who has an inventory of between 15 and 20 homes for sale at any given time. “If

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Housing Market Renovations Marketing Retail 356

Housing Wire

FEBRUARY 1, 2024

1, a decrease from last week’s figure of 6.69%, according to Freddie Mac ’s Primary Mortgage Market Survey released on Thursday. Khater added that the solid jobs market, income growth and household formation growth should provide strong fundamental support to the housing market in the months ahead.

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Mortgage Housing Market Sellers Inventory 410

Housing Wire

DECEMBER 21, 2022

In addition, this is the fourth straight month of inventory declining, while days on the market are growingl! From NAR : “In essence, the residential real estate market was frozen in November, resembling the sales activity seen during the COVID-19 economic lockdowns in 2020,” said NAR Chief Economist Lawrence Yun.

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Inventory New Listings Housing Market Sellers 507

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%

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Mortgage Inventory Sellers Investors 431

Housing Wire

MAY 24, 2023

The Federal Reserve ‘s monetary tightening policy and the recent banking crisis have the potential to change the mortgage-backed securities (MBS) market’s dynamics more than anything seen over the last two decades, according to secondary market experts. They are likely to be replaced by money managers as investors.

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Marketing Insurance Investors Mortgage 319

Housing Wire

JUNE 4, 2021

Austin is still the nation’s hottest housing market, as tech workers continue to flock to the Lone Star State’s capital. Homes are staying on the market an average of 24 days, Redfin reported. The jumbo market for brokers is back in a huge way.

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Marketing Sellers Finance Loan Officers 488

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 In addition to Compass’ market share gains, the firm also recorded a 10% annual bump in revenue to $1.05

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Agents Brokerage Real Estate Clients 361

Housing Wire

DECEMBER 16, 2022

The last year has been a completely split housing market — one that started with the lowest inventory NAR has recorded dating back to 1999 and one with low mortgage rates. The market has now faced a contraction in existing-homes sales for nine consecutive months, while home prices and rates rise.

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Buyers Realtors Inventory Sellers 463

Housing Wire

MAY 14, 2024

In the first quarter, we saw normal seasonality in purchase opened orders with sequential improvement coming off the fourth quarter,” Fidelity CEO Mike Nolan told investors and analysts during the firm’s Q1 2024 earnings call on Thursday. “In The number of purchase orders opened per day was up 5% on a yearly basis. “In

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Insurance Real Estate Sellers Housing Market 388

Housing Wire

FEBRUARY 10, 2023

Combine that with the lack of inventory in New Jersey and bidding wars are back, Kechian said in an interview with HousingWire. I really think they had about three months last year where it was a buyers market in the fourth quarter. Literally, we’re right back to being a seller’s market again.”

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Marketing Inventory Loan Officers Buyers 350

Housing Wire

JULY 20, 2022

The savagely unhealthy housing market is continuing as we get closer to August. 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.

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Inventory Housing Market Marketing Realtors 506

Housing Wire

JANUARY 30, 2024

The mortgage-servicing rights (MSR) market remains robust as we turn the corner into 2024, and though it is expected to slightly underperform 2023, the market is still projected to notch healthy trading volumes in 2024 — hovering near the $1 trillion mark for the fourth year in a row, market observers forecast.

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Marketing Mortgage Sellers Buyers 327

Housing Wire

OCTOBER 1, 2022

The real estate market has shifted, and we are in a new housing paradigm. However, there are a number of attention-grabbing headlines, which unfortunately only compare today’s housing market to the very recent history of the last two years. However, in many areas of the country it does remain a seller’s market.

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Realtors Housing Market Marketing Buyers 378

Housing Wire

APRIL 22, 2024

I can also provide expert advice about renovations and the potential return on investment — where to get the biggest bang for your buck — or simply answer any questions you have about the market. You’ll want to include the list price, sale price, and days on market. We negotiated to get the sellers the highest price possible.

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Real Estate Open Houses Brokerage Real Estate Agent 335

Housing Wire

FEBRUARY 9, 2022

One thing is certain: potential buyers of all ages are not happy about the current market conditions. Another interesting fact about 2021 was that certain people put a lot of weight on housing being held up by investors or iBuyers, reflecting that buying conditions had deteriorated so much in the survey in 2021.

Inventory 370

Inventory Buyers Investors Sellers 370

Housing Wire

FEBRUARY 9, 2022

One thing is certain: potential buyers of all ages are not happy about the current market conditions. Another interesting fact about 2021 was that certain people put a lot of weight on housing being held up by investors or iBuyers, reflecting that buying conditions had deteriorated so much in the survey in 2021.

Inventory 369

Inventory Buyers Investors Sellers 369

Housing Wire

SEPTEMBER 13, 2023

Tech executive and investor Keith Rabois at venture capital firm Founders Fund led the capital injection. It allows qualified buyers with a government loan to purchase a home by assuming responsibility for the sellers’ mortgage terms, including the current balance and interest rate. So why is this program so rare?

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Mortgage Government Advertising Buyers 389

Housing Wire

APRIL 20, 2023

This week, the 30-year fixed rate rebounded due to recent data indicating a still-resilient economy, the potential continuity of the Federal Reserve ’s tightening monetary policy, and pressures in the secondary market. Combined with the fact that there’s so much mortgage debt being sold onto the market, that’s just pushed rates up.”

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Mortgage Buyers Housing Market Inventory 369

Housing Wire

MAY 3, 2023

I had sought out the agent because she had the best track record in the area, worked with a lot of investors on the buy side, and had a history of closing quickly. Relatedly, discount brokerages have promised big savings to sellers for decades. They were wrong. They’ve never caught on.

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Agents Real Estate Agent Brokerage Real Estate 389

Housing Wire

FEBRUARY 18, 2022

Homebuyers flocked to what little inventory existed in January, with existing-home sales rising 6.7% months of supply; a healthy market generally has between four and six months of supply. from the prior month to a seasonally adjusted annual rate of 6.5 January sales fell 2.3% That translates to just 1.6 “While the 6.7

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Supply Chain Inventory Buyers Contracts 404

Housing Wire

NOVEMBER 29, 2021

Last week, I wrote about how the existing home sales markets outperformed my peak sales range in the past two sales reports. “This solid buying is a testament to demand still being relatively high, as it is occurring during a time when inventory is still markedly low.” Remember, be the detective, not the troll.

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Inventory Contracts Training Investors 527

Housing Wire

APRIL 13, 2022

percentage points over the past three months, have thrown a wrench into the mortgage origination and private-label securitization markets. Refinancing is plummeting, purchase activity is softening, and rate volatility is making secondary market deals harder to price efficiently across prime and non-prime/non-QM deals.

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Mortgage Marketing Sellers Buyers 360

Housing Wire

SEPTEMBER 22, 2022

The savagely unhealthy housing market theme of mine is running in full force now as we have gotten no relief on home prices and now have a mega jump in mortgage rates. . Since the summer of 2020, I have talked about what could change the housing market, which was a 10-year yield above 1.94%, which means rates over 4%. million to 1.28

Inventory 438

Inventory Housing Market New Listings Mortgage 438

Housing Wire

MARCH 29, 2023

And, following investors’ rush into bonds after the recent bank failures earlier this month, yields moved even lower last week — and mortgage rates followed. Arias said the spring season typically would have increased inventory levels that would indicate buyers and sellers are ready to come to the table. “We

Mortgage 392

Mortgage Real Estate Agent Buyers Loan Officers 392

Housing Wire

AUGUST 30, 2022

While the growth rate is cooling monthly, we are still in a savagely unhhealthy housing market trying to get national inventory levels back to pre-COVID-19 levels. Housing inventory issue with no booming demand. Total Inventory had been growing from 2001-2005; total listings data in 2005 was at the higher historical range of 2.5

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Inventory New Listings Law Housing Market 381

Boston Appraisal

JANUARY 18, 2023

The Rise in Interest Rates and How It Affects Buyers and Sellers When the COVID-19 pandemic began in early 2020, the Federal Reserve was quick to act by substantially reducing interest rates, which resulted in many new buyers entering the market to purchase a home at low rates. This affected buyers and sellers.

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Sellers Buyers Home Value Marketing 78

Housing Wire

FEBRUARY 24, 2022

billion revenue, which mostly stems from a 5% sales fee charged to home sellers and proceeds from flipping homes. It is now in 44 markets, compared to 23 at the end of 2020. billion in unsold real estate inventory. The company tallied $8.0 That’s good for a 211% year-over-year revenue gain. Additionally, the company has $5.7

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Investors Real Estate Inventory Finance 424

Housing Wire

JUNE 24, 2021

Led by venture capitalist firm Signal Fire as well as existing seed investors Y Combinator and DN Capital , Accept.inc said it plans to use the funding to scale its platform, double its team size and enter new markets. If the all-cash offer wins, the home is purchased from the seller and reserved until the loan is ready to close.

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Sellers Buyers Investors Inspection 313

Hank Miller Team

MARCH 21, 2022

It’s hard to find a housing market not presently on fire, Atlanta is no different. Compared to a decade ago and the worst housing crisis ever, this market turn around improvement is among the tops in the country. The Atlanta real estate market explosion is due in large part to its broad appeal, size and vast selection of properties.

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Real Estate Marketing Sellers Inventory 98

Housing Wire

NOVEMBER 30, 2022

Relief from the rate-driven volume reduction afflicting both the primary and secondary mortgage markets is expected to be elusive for some time to come, at least in terms of any renewed refinancing boost. Consequently, the collateral available to support securitizations in both the agency and nonagency secondary markets has also fallen.

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Marketing Mortgage Business Government 370