Inman

FEBRUARY 5, 2024

In January, the real estate market saw a 17.5 percent decline in net new listings and a 2 percent decrease in contract signings, driven by mortgage rate fluctuations, according to HouseCanary.

New Listings 161

New Listings Contracts Inventory Real Estate 161

Housing Wire

FEBRUARY 7, 2024

With mortgage rates briefly topping 8% and home prices breaking records throughout the year, many would-be sellers simply decided not to bother listing their homes, exacerbating already tight inventories. New data from the U.S. When inventory bounces back The extremes of the 2020s have dealt big blows to for-sale inventories.

Inventory 427

Inventory Sellers Mortgage Marketing 427

Housing Wire

AUGUST 20, 2023

Last week, mortgage rates hit a 21st-century high, the 10-year yield closed slightly higher than my peak forecast for 2023 , and housing inventory growth was still slow. Weekly active listings rose by only 4,401. Will higher rates extend the inventory season, or are we going into the traditional seasonal decline?

Inventory 370

Inventory Mortgage New Listings Sellers 370

Housing Wire

DECEMBER 3, 2020

Even prior to the pandemic , housing inventory had hit record lows, and the problem has only gotten worse as demand continues to rise. Total home sales are outpacing new listings by a wide margin every month, and real estate tech company Homesnap foresees the shortage continuing in 2021 unless more sellers enter the market.

Inventory 546

Inventory Housing Market Marketing New Listings 546

Housing Wire

JULY 7, 2022

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. Inventory rising, historically low.

Inventory 395

Inventory Marketing Mortgage Supply Chain 395

Housing Wire

FEBRUARY 6, 2023

Despite mortgage rates briefly falling below the 6% threshold, both housing inventory and mortgage demand fell last week. Weekly Housing Inventory A few weeks ago, I was encouraged that we had a slight increase in inventory and a small decline the following week. This week inventory fell 8,664 units from the previous week.

Inventory 462

Inventory Housing Market Marketing New Listings 462

Housing Wire

JANUARY 30, 2023

Housing inventory decreased by 6,468 units, a more pronounced decline from the previous week. Weekly housing inventory There is, again, another downside report on weekly inventory, as inventory has fallen noticeably again this week from the week prior. However, it has now fallen again, and inventory decreased by 6,468.

Inventory 492

Inventory Housing Market Marketing Mortgage 492

Housing Wire

MARCH 12, 2021

Real Estate Exchange (REX) filed an antitrust lawsuit Tuesday in federal court against Zillow , accusing the company of anticompetitive behavior related to showing certain homes on its platform. Real Estate Tech Demo Hour. Tune in March 16th to experience demos from the most innovative real estate technology solutions.

Real Estate 475

Real Estate Brokerage Realtors Real Estate Agent 475

Housing Wire

OCTOBER 24, 2022

In May, I wrote about the signs to watch for a real estate market slowdown. It’s now October, we’ve had the biggest spike in mortgage rates we’ve seen in decades, and all the signs of a slowdown are here: Inventory is rising. The price of new listings is dropping. More homes are taking price reductions.

Real Estate 321

Real Estate Marketing Inventory Sellers 321

Housing Wire

NOVEMBER 4, 2023

After mortgage rates spiked to 8% in October, causing a riot in the real estate industry, we had an epic move lower in mortgage rates last week. I am running out of time as seasonality is kicking in, which means we are getting closer to the seasonal inventory decline for 2023. Weekly inventory change (Oct.

Mortgage 497

Mortgage Inventory New Listings Real Estate 497

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

Housing Wire

SEPTEMBER 15, 2023

I’ve seen more homebuyers cancel deals in the last six months than I’ve seen at any point during my 24 years of working in real estate. They’re getting cold feet,” said Jaime Moore, a Redfin Premier real estate agent in Reno, Nevada. Year-over-year new listings were down 14.4%. The median U.S.

Buyers 417

Buyers Mortgage New Listings Real Estate Agent 417

Housing Wire

SEPTEMBER 13, 2022

The premise of a mortgage rate lockdown is simple: so many American households have such low mortgage rates that some will never move once rates rise, which then locks up housing inventory. But now this is a real risk. We are getting closer to that period where total inventory traditionally falls. The parts of the U.S.

Mortgage 518

Mortgage Inventory New Listings Sellers 518

Housing Wire

SEPTEMBER 30, 2020

” Kanacki’s market, like many others, remains competitive as buyers continue to experience bidding wars amid historically low housing inventory and an uptick in home prices. “I There were nine new pending contracts for every 10 new listings, a slower rate than the 9.9 Over the last four weeks ending on Sept.

Real Estate Agent 546

Real Estate Agent Real Estate Agents Realtors 546

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.

Inventory 527

Inventory New Listings Housing Market Sellers 527

Housing Wire

SEPTEMBER 22, 2023

Meanwhile, available inventory continues to dwindle as many homeowners stay put to keep their relatively low mortgage rates. 17, total active listings were at 806,701, down 16.2% However, new listings have stabilized, ticking up slightly since the beginning of September. . New listings are down 6.7%

New Listings 454

New Listings Inventory Buyers Mortgage 454

Housing Wire

JULY 29, 2022

metropolitan areas in February 2022, based on year-over-year growth in median listing price according to the residential real estate listing website, Realtor.com. The table also reports the year-over-year percent change in new listings for each market. Table 1, below, reports the 10 hottest U.S.

Housing Market 407

Housing Market Sellers Marketing New Listings 407

Housing Wire

FEBRUARY 14, 2024

Total inventory was up more than 3% from January 2023. Meanwhile, the flow of new listings to the market last month was up 43% from December and up 5.8% Phoenix also appeared as an abundantly supplied market in January, according to Zillow. year over year.

New Listings 417

New Listings Sellers Housing Market Buyers 417

Housing Wire

AUGUST 30, 2023

Using weekly data from Altos Research , Mohtashami showed that new listings have been trending at their lowest levels in history for the past 12 months. However, he noticed another notable decline in listing since mortgage rates really peaked above the 7% range. Despite higher mortgage rates, inventory growth still slow

New Listings 437

New Listings Inventory Housing Market Mortgage 437

Housing Wire

APRIL 5, 2022

Home price appreciation in February climbed 20% over the previous year, marking the 12th month of consecutive double-digit gains , according to figures released Tuesday by real estate analytics firm CoreLogic. A key shift will come in inventory levels, suggests Frank Nothaft, chief economist at CoreLogic.

Sellers 454

Sellers Inventory New Listings Real Estate 454

Housing Wire

JANUARY 20, 2023

December was another difficult month for buyers, who continue to face limited inventory and high mortgage rates,” Lawrence Yun, NAR’s chief economist, said in a statement. But as sales slowed in December, the inventory of unsold existing homes also receded, dropping 13.4% A total of 5.03 from November to 970,000, which represents 2.9

Inventory 383

Inventory Housing Market Realtors Buyers 383

Housing Wire

NOVEMBER 21, 2023

“Prospective home buyers experienced another difficult month due to the persistent lack of housing inventory and the highest mortgage rates in a generation,” NAR Chief Economist Lawrence Yun said in a statement. On the bright side, housing inventory rose 1.8% On the bright side, housing inventory rose 1.8%

Inventory 407

Inventory Realtors New Listings Contracts 407

Housing Wire

AUGUST 2, 2023

HousingWire Lead Analyst Logan Mohtashami appeared on CNBC ‘s Worldwide Exchange on Wednesday to talk about the health of the housing market , explaining the effect of high mortgage rates and low inventory on existing home sales. He also discussed Fitch ‘s downgrade of the U.S.

Housing Market 367

Housing Market New Listings Inventory Marketing 367

Housing Wire

FEBRUARY 27, 2024

If you’re an agent, team or brokerage looking to keep a pipeline of qualified listing leads coming your way, SmartZip may the solution you need. SmartZip uses predictive analytics to pinpoint likely sellers from 6 to 18 months in advance, offering a huge advantage in today’s low inventory market.

Advertising 426

Advertising Tools Real Estate Sellers 426

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. From the index : I know it seems strange, but existing home sales are falling, and the monthly supply of new homes is at 10.9 Housing inventory issue with no booming demand.

Inventory 383

Inventory New Listings Law Housing Market 383

Movoto

MARCH 8, 2024

To make the most of your homeownership journey, it’s essential that you pay close attention to the latest data, news, and concepts that are affecting real estate today. That’s why we’re introducing The Home Stretch, a monthly real estate roundup to help you make informed moves.

Real Estate 36

Real Estate Inventory New Listings Realtors 36

Housing Wire

JULY 13, 2021

bidding-war rate Redfin saw in June 2020, when the housing market was starting to rebound from a temporary standstill triggered by pandemic shutdowns, said Laura Sechrist Molenda, a Redfin real estate agent based in Southern California. In 2018-2019, total housing inventory was in the range between 1.52 million and 1.92

Inventory 497

Inventory Housing Market Real Estate Agent Buyers 497

Housing Wire

DECEMBER 28, 2022

The last time we saw prices decline, the combination of declining prices and bad mortgages forced inventory onto the market. This time, declining prices are likely tempering the pace of inventory going onto the market rather than accelerating. Since the beginning of 2020, inventory levels have been historically low.

Housing Market 487

Housing Market Marketing Inventory Mortgage 487

Housing Wire

JUNE 21, 2023

of sales were rental or investment properties or second homes , according to a survey of 1,063 listing agents. With inventory so low and many homeowners reluctant to give up their extremely low mortgage rates, everyone is wondering where new listings are going to come from. In comparison, 32.4%

Sellers 369

Sellers Investing Inventory Buyers 369

Housing Wire

APRIL 3, 2023

Declining mortgage rates could have improved affordability for buyers in the housing market in February, but instead spurred a demand that, combined with a persistent lack of inventory across the U.S., “In many areas of the country, that dynamic – low inventory and a modest rise in demand – led to an uptick in home prices.”

Inventory 395

Inventory New Listings Housing Market Mortgage 395

Appraisal Buzz

OCTOBER 11, 2021

Those in the market seeking an affordable house will be hard-pressed to find anything in their budget as low inventory continues to push prices skyward.

New Listings 195

New Listings Brokerage Valuation Inventory 195

Appraisal Buzz

OCTOBER 11, 2021

Those in the market seeking an affordable house will be hard-pressed to find anything in their budget as low inventory continues to push prices skyward.

New Listings 195

New Listings Brokerage Valuation Inventory 195

Housing Wire

JULY 20, 2023

With record-low inventory nationwide, real estate agents seem to be hearing the same thing day in and day out: “I’d list my home, but where would I move?” For most agents, that’s the end of the conversation, ending the possibility of taking a new listing as well as facilitating the buyer side.

Sellers 284

Sellers Clients Inventory Agents 284

Housing Wire

MAY 28, 2021

“We are seeing a typical late-spring slowdown in new listings and pending sales, but prices don’t typically peak until late August, and their growth remains completely unhinged,” said Daryl Fairweather, Redfin’s chief economist. ” How real estate agents can alleviate consumer pain points in a tight market.

Buyers 417

Buyers Real Estate Agent Real Estate Inventory 417

Housing Wire

MARCH 15, 2024

Inventory has been trending upward for the last two years despite persistently high mortgage rates, Mike Simonsen, president and founder of Altos Research , wrote on Monday. New listings ticked up by 21% in February compared to last year, according to Zillow ’s February report. metros experienced an increase in new listings.

New Listings 469

New Listings Inventory Home Value Contracts 469

Housing Wire

MAY 20, 2022

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. This rapid increase in prices, coupled with local housing inventory dropping over 50% in 2021, has meant times are tough for buyers looking to settle in Bluffton. Bluffton, South Carolina.

Housing Market 406

Housing Market Marketing Real Estate Agent Real Estate 406

Housing Wire

MARCH 6, 2024

This is clear in the chart below, which shows the year-over-year percent change in the four-week average of new listings. This data, courtesy of Altos, shows that new listings retreat when rates rise and accelerate when rates fall: High rates are bad, too, for the sellers who decided to list their homes.

Mortgage 437

Mortgage Sellers New Listings Buyers 437