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. Cash sales rising year over year looks normal as mortgage demand is lower year over year.

Inventory 473

Inventory Mortgage New Listings Marketing 473

Housing Wire

SEPTEMBER 22, 2022

Today the National Association of Realtors reported that existing home sales fell once again to 4.80 Existing home sales have more legs to go lower, especially now that new listing data is falling. Total Inventory data fell in this report from 1.31 Total Inventory data fell in this report from 1.31 million to 1.28

Inventory 458

Inventory Housing Market New Listings Mortgage 458

Housing Wire

JULY 13, 2021

An improving supply situation may also be making a difference, with new listings up 4% year over year — meaning more properties are hitting the market for buyers to bid on. In 2018-2019, total housing inventory was in the range between 1.52 million homes, according to the National Association of Realtors. million and 1.92

Inventory 500

Inventory Housing Market Real Estate Agent Buyers 500

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 Home sellers are seeing their homes go under contract in record time, with nine new contracts for every 10 new listings.”.

Contracts 485

Contracts Realtors New Listings Real Estate 485

Inman

MAY 10, 2023

A "drought" of new listings is driving up prices, reversing the sluggishness of late 2022 and forcing buyers to compete fiercely for homes, according to a new analysis from Zillow.

Buyers 160

Buyers Inventory New Listings Marketing 160

Housing Wire

NOVEMBER 18, 2022

“More potential homebuyers were squeezed out from qualifying for a mortgage in October as mortgage rates climbed higher,” National Association of Realtors Chief Economist Lawrence Yun said in a statement. Total housing inventory at the end of October was 1.22 Total housing inventory at the end of October was 1.22 ”

Housing Market 421

Housing Market Marketing Inventory New Listings 421

Housing Wire

SEPTEMBER 30, 2020

Realtors can usually count on their biggest season being spring, followed by summer, but nothing about 2020 has been normal, including home-buying patterns. With shut-down orders in the spring, summer became the new home-buying season, but homebuyers were still incredibly active in August. Over the last four weeks ending on Sept.

Real Estate Agent 546

Real Estate Agent Real Estate Agents Realtors 546

Housing Wire

MARCH 12, 2021

Trulia and the National Association of Realtors are also named in the suit. Zillow now has brokerage licenses in all 50 states , which has allowed it to transition from being a listing distribution partner to a member of NAR and local Realtor associations, giving the company access to Internet Data Exchange (IDX) feeds.

Real Estate 479

Real Estate Brokerage Realtors Real Estate Agent 479

Housing Wire

FEBRUARY 22, 2024

The housing market in the state of Florida saw higher median home prices, more real estate listings and a higher number of active listings during the month of January, according to data released Thursday by Florida Realtors , a state-based trade organization for real estate professionals. from the same time last year. .

New Listings 441

New Listings Realtors Real Estate Inventory 441

Housing Wire

NOVEMBER 16, 2020

“Property managers are renting places that would usually be $800 a month for $1,200, so people figured if they’re paying that much, they might as well own their home,” said Tom Torres, an El Paso-based real estate agent and former president of the El Paso Association of Realtors. Thank goodness Realtors were deemed essential.”.

Housing Market 421

Housing Market Real Estate Agent Marketing Realtors 421

Housing Wire

MAY 20, 2022

According to the Hilton Head Area Association of Realtors , the median home sale price jumped 15.3% One of my agents has a client who is making an offer on a house that will probably end up going for over $250,000 over list price and most of what we are seeing is either all cash offers or eliminating contingencies.”.

Housing Market 410

Housing Market Marketing Real Estate Agent Real Estate 410

Housing Wire

MARCH 22, 2024

Unlike many other metropolitan areas across the country , the housing market in Southwest Florida is comparably flush with for-sale inventory. “I We are seeing a healthy increase in inventory, which we really needed.” Smith attributes the uptick in inventory to a bump in new listings.

Insurance 421

Insurance Inventory Marketing Real Estate 421

Housing Wire

SEPTEMBER 26, 2023

Available inventory of homes for sale is on the rise in late September, which is very unusual for this time of year. In fact, inventory is growing faster than this time a year ago. This is a demand-driven slowdown, because new listings supply is still running 9% to 10% fewer homes for sale each week than this time last year.

Inventory 491

Inventory Contracts New Listings Mortgage 491

Eppraisal

MARCH 18, 2022

The inventory of homes available for sale was on the low side even before the Covid 19 pandemic. According to data from Realtor.com, "The inventory of homes for sale dropped 53% between April 2020 and April 2021." This will ensure you don't miss out on the actual day's new listings.

Real Estate Agent 68

Real Estate Agent Real Estate Agents Sellers 68

Empire Appraisal Group

JUNE 22, 2023

The mortgage rate “lock in” effect has pushed inventory down to record lows this spring. Both new listings and total listings have dropped to their lowest levels on record for this time of year. © 2023 Florida Realtors® The post Why Few Listings? Below 3% : 23.5% The highest was 24.6%

Mortgage 78

Mortgage Sellers Buyers New Listings 78

Housing Wire

JANUARY 29, 2024

million existing homes were sold, according to the National Association of Realtors. High rates further exacerbated the national inventory shortage and contributed to the surge in home prices. On the bright side, new listings rose 2.2% In 2023, only 4.09 On Monday, meanwhile, 97.9% With the U.S.

Mortgage 415

Mortgage Inventory Investors New Listings 415

Movoto

MARCH 8, 2024

And with the biggest inventory spike in nearly 3 years experienced in February, it looks like the market is starting to heat up. The housing market just saw its biggest inventory spike in nearly 3 years “New listings for homes for sale climbed 12.9% NATIONAL ASSOCIATION OF REALTORS®. All rights reserved.

Real Estate 36

Real Estate Inventory New Listings Realtors 36

Housing Wire

JANUARY 22, 2024

According to Zillow ’s annual predictions, Indianapolis will be the fourth-hottest real estate market of 2024, thanks to its solid economy, housing inventory, affordability and pent-up demand. The top three spots in the ranking were Buffalo, New York, and Cincinnati and Columbus, Ohio. The real estate market As of Jan. 10, 2023. “The

Housing Market 441

Housing Market Marketing Logistics Real Estate 441

Housing Wire

MARCH 6, 2024

Moderation in mortgage rates led to a pickup in demand for residential real estate, but limited inventories across the country hindered actual home sales , the Federal Reserve reported in its Beige Book survey of regional business contacts that was published Wednesday.

Mortgage 421

Mortgage Real Estate Inventory Construction 421

Housing Wire

MARCH 1, 2024

Sales from 2022 to 2023 were down 14%,” Mark Fischer, the CEO of the Indiana Realtors Association , said. “We We were up year over year in inventory , but we were at a 25 year low on new listings.” Like elsewhere in the country, Indiana has struggled with housing inventory. According to Altos Research, as of Feb.

Housing Market 441

Housing Market Marketing Inventory Construction 441

Cornerstone

OCTOBER 5, 2021

As a recent Realtors Confidence Index published by the National Association of REALTORS® (NAR) shows, homes are still selling at a rapid pace — staying on the market for an average of only 17 days. This is excellent news if you’re a seller. Your house will probably sell fast.

Sellers 53

Sellers Loan Officers Inventory New Listings 53

Empire Appraisal Group

SEPTEMBER 8, 2022

Nowhere in Sight | Florida Realtors. The housing market has taken a few hits, such as a doubling of mortgage rates in 2022, but it remains solid even if legitimate news providers suggest doom and gloom. NEW YORK – The rock-hard foundation of the U.S. The number of home listings remains low nationally. Nowhere in Sight.

Housing Market 78

Housing Market Marketing Real Estate New Listings 78

Housing Wire

AUGUST 10, 2023

With regular reports and data coming out on what’s blocking inventory growth, the biggest factors impacting rates and the latest shifts in home sales, there’s a lot of information out there to help you inject more confidence into your business strategy. Logan Mohtashami: Inventory is still savagely unhealthy.

New Listings 368

New Listings Inventory Business Marketing 368

Housing Wire

MARCH 29, 2024

And closed sales were also up about 1%, so overall just a little bit more of the same,” said Clare Losey, housing economist for the Austin Board of Realtors. Additionally, Austin’s median list price has remained stable even as inventory has risen drastically from the troughs it reached in the spring months of 2021 and 2022.

Housing Market 431

Housing Market Agents Marketing Inventory 431

Lamacchia Realty

JANUARY 27, 2023

The 2022 Connecticut Year in Review Housing Report breaks down sales, new listings, new pending sales, active inventory, and average price compared to the 2021 market and analyzes what the data means for the current housing market and beyond. Sales Down 18.8% and Prices Up by 5.9% overall from 53,369 to 43, 345 in 2022.

Inventory 50

Inventory Sellers Buyers Real Estate 50

Housing Wire

MARCH 8, 2024

Real estate agents in the leafy suburbs of Bergen County, New Jersey say the current housing market — with historically low inventory and record-high prices — is actually more challenging than the multiple offer chaos they sweated through during the pandemic. “At Even if we get more listings, it is not going to be enough for people.

Housing Market 441

Housing Market Buyers Agents Marketing 441

Housing Wire

AUGUST 10, 2020

According to the National Association of Realtors , contract signings kicked off strong in August , with the most contract signings last week in the Midwest, at 21%. As new contract signings are outpacing new listings due to low inventory, properties sold typically within 26 days in the four weeks leading up to August 2, NAR said.

Agents 544

Agents Business Inventory Real Estate Agent 544

Cornerstone

FEBRUARY 15, 2022

Today’s market can handle a million (or more) new listings. When the market was flooded with foreclosures in 2008, these homes only added to the surplus of homes listed for sale. “ To maintain balance, the housing market requires a six-month inventory supply. Bottom line?

Loan Officers 59

Loan Officers Housing Market Inventory Mortgage 59

Housing Wire

OCTOBER 21, 2022

On Thursday the National Association of Realtors reported that we had a 23.8% year-over-year decline in existing home sales in September and total inventory has now fallen on back-to-back reports. Rates have gone up so fast that new listing data has declined since the end of June; this impacts supply and demand.

Housing Market 295

Housing Market Inventory New Listings Mortgage 295

Birmingham Appraisal

JUNE 1, 2022

Many listings have been getting multiple offers due to a shortage of housing inventory and the high demand we’ve experienced. If it is overpriced then it will require multiple price reductions which will decrease the sale price to list price ratio. These statistics are readily available from most local MLS systems.

Agents 52

Agents Marketing Contracts Inventory 52

Housing Wire

JUNE 21, 2021

Currently on Realtor.com , more than 2,000 homes are currently on the market in Knoxville with an average listing price of $270,000. But like the rest of the country, low housing inventory has hit the city hard. According to the Knoxville Area Association of Realtors , the number of houses for sale in 2020 was down 47.5%

Housing Market 432

Housing Market Marketing Realtors Inventory 432

Housing Wire

SEPTEMBER 19, 2023

Meanwhile, the available inventory of unsold homes is growing. This week, inventory grew faster than it did last year at this time. This week was the biggest week of inventory increase all year, with inventory growing by over 9,000 single-family homes. It’s not unusual for a little jump in new listings in September.

Housing Market 450

Housing Market Marketing Inventory New Listings 450

Housing Wire

MAY 21, 2021

million, the National Association of Realtors reported on Friday. “New listings volume got a decent bump in March and April, and more people believe it’s a good time to sell a home than at any time since the pandemic began.” ” While borrowers battle it out in the bidding trenches, unsold inventory sits at a 2.4-month

Inventory 421

Inventory Buyers New Listings Marketing 421

Housing Wire

JULY 20, 2023

Even with mortgage rates near or above 7% for two months, we haven’t seen dramatic moves in the purchase application data or active and new listings data. The housing market has slowed and stabilized itself with higher rates, but the existing home sales market isn’t growing like the new home sales market. Inventory between 1.52-1.93

Marketing 370

Marketing Housing Market Inventory New Listings 370

Housing Wire

FEBRUARY 25, 2021

in January from December, according to a report from the National Association of Realtors. And inventory shortages are the culprit. But many would-be buyers have also been thwarted by comically low resale inventory, as well as supply chain constraints and escalating materials costs that have made life difficult for homebuilders.

Supply Chain 402

Supply Chain Inventory Housing Market Contracts 402

Listing Spark

OCTOBER 13, 2022

There is more inventory available and home sales are down. months of inventory, well below a balanced market of 6 months of inventory. New listings are down 6%, so there are less homes coming onto the market than there were this time last year. If you’re an Austin home buyer, there is a lot of good news.

Housing Market 36

Housing Market Real Estate Marketing Buyers 36

Eppraisal

OCTOBER 2, 2021

The demand for homes has been and is still high, as eager buyers rush to new listings and submit offers quickly. Inventory of homes available are historically low. According to the National Association of Realtors Chief Economist, Lawrence Yun, home supply is down 12% from one year ago.

Agents 36

Agents Real Estate Agent Marketing Real Estate 36