Miller Samuel

JANUARY 23, 2024

Kathleen Hays Presents: Central Bank Central: Miller Samuels’ Chief Sees Stubbornly High Mortgage Rates, Low Inventories The post Central Bank Central Video Podcast: Miller Samuels’ Chief Sees Stubbornly High Mortgage Rates, Low Inventories first appeared on Miller Samuel Real Estate Appraisers & Consultants.

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Inventory Mortgage Real Estate Housing Market 195

Housing Wire

APRIL 2, 2021

Presented by: CreditXpert. There is a desperate lack of inventory in the housing market right now, which is driving up home prices at an unsustainably rapid pace, MBA’s senior vice president and chief economist Mike Fratantoni noted. The post Employment gains could help housing inventory appeared first on HousingWire.

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Inventory Construction Housing Market Business 504

Appraisal Buzz

DECEMBER 20, 2021

percentage points compared to last month’s projection, due primarily to stronger-than-anticipated consumer spending and inventory investment data, according to the December 2021 commentary from the Fannie Mae ’s Economic and Strategic Research (ESR) Group.

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Inventory Investing Appraisal 195

Housing Wire

DECEMBER 2, 2023

Purchase application data Hello, early Christmas present! Weekly housing inventory data It’s December, which means the seasonal decline in housing inventory is well underway, which means in 2023, I have batted a whopping zero on how much I predicted weekly inventory would grow with higher mortgage rates.

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Mortgage Inventory New Listings Sellers 542

Housing Wire

NOVEMBER 15, 2023

Although high mortgage rates, elevated home prices and limited housing inventory have crippled the 2023 housing market, the outlook for 2024 is brighter, according to Lawrence Yun, chief economist with the National Association of Realtors (NAR). He also expects more sellers to enter the market, as they adapt to prolonged higher rates.

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Real Estate Inventory Sellers Realtors 458

Housing Wire

NOVEMBER 8, 2023

presentation to investors in the blank-check SPAC that took the company public in 2020. The slide, presented in March 2021, forecasted that Offerpad would sell nearly 15,000 homes in 2023. presentation slide for investors in the SPAC that took it public, also in 2020. “The largest, undisrupted market in the U.S.,”

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Marketing Inventory Renovations Investors 408

Inman

DECEMBER 19, 2023

Ahead of Inman Connect New York in January, the Brown Harris Stevens CEO shared with Inman her tips for navigating challenging economic terrain and what she's looking forward to at ICNY.

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Agents Inventory Business Real Estate 163

Housing Wire

OCTOBER 3, 2023

We are living through one of the most limited inventory periods in our lifetimes, so eXp is committed to providing as many ways as possible to create inventory and ways of selling homes for our agents and their clients. Our vision is to create the most expansive, worldwide listing network for eXp agents and their clients.”

Realty 411

Realty Agents Clients Tenants 411

Housing Wire

JANUARY 23, 2024

With the coming together of interest rate drops, the persistent, continued low inventory levels and 2023 being recorded as the slowest year for U.S. This decline, coupled with the aforementioned low inventory levels, is set to rekindle suppressed buyer demand. Will we get more inventory? The strategy has changed for buyers.

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Real Estate Agent Real Estate Buyers Agents 421

Housing Wire

JANUARY 8, 2024

According to the eXp, Chavana first considered the idea of joining eXp Realty; she then presented it to the Matthews, who, in turn, presented it to the Seders. Heather Chavana, the general manager/broker associate of The Matthews Team, along with eight other team members, made the move to eXp Realty.

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Realty Brokerage Real Estate Agents 390

Housing Wire

JANUARY 23, 2023

Housing inventory decreased by 566 units, which is not a significant decline. Weekly housing inventory fell, but not by much. I want to see total inventory back at the 2019 level — this would mean NAR data breaking above 1.52 We don’t want inventory to stall during this time of the year; it should grow into spring.

Housing Market 508

Housing Market Marketing Inventory New Listings 508

Housing Wire

JANUARY 29, 2024

We played mortgage rate ping-pong, had unprecedented low levels of inventory and still there were escalating prices. Make the decision today that this is your year It’s your year in spite of mortgage rates, inventory levels, who your broker is, who gets elected and what you hear on TikTok about the market.

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Real Estate Agent Real Estate Agents Inventory 430

Housing Wire

JUNE 9, 2023

5, 2022, a few days after I presented to The Conference Board , I raised my sixth recession red flag for the overall economy. history, and because of that, not even low inventory could prevent home prices from declining month to month in the second half of 2022. Now we can talk about the final stage: inventory in the U.S.

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Inventory Housing Market New Listings Mortgage 545

Housing Wire

AUGUST 3, 2022

For Auction.com clients, per the survey, some 23% expect their SDQ inventory as of June 2022 “to go to foreclosure auction in the following 12 months,” Auction.com reports. Some 20% of clients, however, expect more than 30% of their SDQ inventory to wind up in foreclosure over the next 12 months. Presented by: Altisource.

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Inventory Clients Government Sellers 458

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 of inventory is normal.

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Inventory Housing Market Marketing Mortgage 545

Housing Wire

OCTOBER 28, 2021

“It’s worth noting that there will be less inventory until the end of the year compared to the summer months, which happens nearly every year.”. Yun expects inventory levels to pick up again in 2022 and that buyers who have temporarily paused their search will return to the market in the new year. Presented by: Auction.com.

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Inventory Renovations Contracts Buyers 421

Housing Wire

MARCH 7, 2024

Now, with persistently low inventory, mortgage rate fluctuations make their own seasonality. But there was a slight pullback in rates from May to June, “which likely presented an opportunity for determined buyers heading into summer” and led to a boost in competition and sales prices, Zillow reported.

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Sellers Buyers Real Estate Inventory 391

Housing Wire

APRIL 23, 2021

But the NAR reported this week that home sales in March fell for the second month in a row as inventory plunged and home prices climbed to record levels. Where matters are becoming problematic is that high demand is now a direct cause for the low inventory. Presented by: Citibank. But with a third of U.S.

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Inventory Housing Market Realtors Marketing 441

Housing Wire

MAY 20, 2021

As the market continues to churn through distressed inventory, Black Knight expects overall delinquencies to “normalize” at pre-pandemic levels by the end of 2021. The severe lack of inventory in today’s housing market has been a source of stress for home buyers and real estate agents alike. Presented by: Move Sales.

Mortgage 491

Mortgage Real Estate Agent Inventory Real Estate 491

Housing Wire

DECEMBER 8, 2023

How you conduct yourself and how you present to each buyer prospect should not vary by situation. Find them the right home Inventory is scarce, and will likely stay that way for a while. There are other ways to find inventory rather than just using your MLS. There are other ways to find inventory rather than just using your MLS.

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Clients Real Estate Inspection Buyers 400

Housing Wire

DECEMBER 22, 2020

At the end of November, housing inventory declined yet again, totaling 1.28 Housing inventory hit another record low in November, totaling 2.3 months worth of inventory. A year ago, inventory was at 3.7 Presented by: WFG. This is down 9.9% from October and down 22% from a year ago.

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Inventory Housing Market Realtors Marketing 501

Housing Wire

NOVEMBER 7, 2023

Present to your buyer clients just like you would in a listing presentation. One of the top concerns for homebuyers as well as agents right now is the historic lack of inventory. Change the search area, change the type of home or find an equally great school district to look in that has more inventory.

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Clients Buyers Real Estate Agent Real Estate 381

Eppraisal

AUGUST 25, 2023

However, two significant hurdles that are currently prevalent are the combination of low housing inventory and high-interest rates. Define Your Priorities With limited inventory, it's essential to have a clear understanding of your priorities. However, exploring the market during off-peak seasons can present opportunities.

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Inventory Real Estate Buyers Renovations 69

Housing Wire

MARCH 17, 2022

While home purchase demand has moderated, it remains competitive due to low existing inventory, suggesting high house price pressures will continue during the spring homebuying season.”. Presented by: Black Knight. It was the fifth consecutive drop in inventory.

Mortgage 418

Mortgage Inventory Technology Tools 418

Housing Wire

MARCH 31, 2021

Record-low inventory is pushing home-price growth at double the rate from a year ago, and even above the 10% growth rates seen in 2005,” Kan said. “The housing market is in desperate need of more inventory to cool price growth and preserve affordability. Presented by: Angel Oak.

Mortgage 431

Mortgage Contracts Inventory Lending 431

Housing Wire

JUNE 22, 2021

“Lack of inventory continues to be the overwhelming factor holding back home sales, but falling affordability is simply squeezing some first-time buyers out of the market,” said Lawrence Yun, NAR’s chief economist. Total housing inventory at the end of May grew to 1.23 Unsold inventory sits at a 2.5-month

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Inventory Buyers Realtors Housing Market 410

Housing Wire

FEBRUARY 22, 2024

Presently, the demand for existing homes outpaces the available supply, raising potential concerns for both sellers and buyers. Factors like location and condition of the property and the market demand for REO and other existing home sales, impact the current landscape for REO assets.

Business 354

Business Marketing Real Estate Legal 354

Housing Wire

NOVEMBER 18, 2022

Total housing inventory at the end of October was 1.22 Unsold inventory sits at a 3.3-month Inventory levels are still tight, which is why some homes for sale are still receiving multiple offers,” Yun said. Presented by: Percy. Both a pullback in demand and limited supply remain vexing problems for the housing market.

Housing Market 401

Housing Market Marketing Inventory New Listings 401

Housing Wire

APRIL 26, 2023

Roberts and thousands of other loan officers across the country continue to be hampered by a serious inventory shortage , which results in heavy competition for fewer deals. If I were a builder right now, I’d build as many houses as I could, because there is a lack of inventory, they’re pretty much the only sellers,” Roberts said.

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Loan Officers Mortgage Inventory Clients 393

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 457

Housing Market Marketing Inventory Investors 457

Housing Wire

MAY 27, 2021

As rates rise, demand wanes and builders can catch up on the few months of inventory left for hungry borrowers. Presented by: Computershare Loan Services. The falling number of homeowners in mortgage forbearance will also bring about more inventory.”. If new home sales don’t grow, housing construction will slow down.

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Mortgage Inventory Housing Market Construction 466

Housing Wire

FEBRUARY 27, 2023

Insellerate said it created the solution to drive origination volumes in the face of a “constantly changing mortgage market” that is riddled with rising interest rates and low inventory.

Loan Officers 352

Loan Officers Retail Inventory Lending 352

Housing Wire

JULY 6, 2023

High rates combined with low inventory continue to price many potential homebuyers out of the market, added Khater. In addition, builders are recognizing the demand and the opportunity it presents, and they are pushing construction activity higher – about one-third of homes on the market are new construction, more than double normal levels.

Mortgage 380

Mortgage Construction Inventory Investors 380

Housing Wire

APRIL 20, 2022

However, the real story of 2022 is that the savagely unhealthy housing market continues as inventory is still lower than last year, sending home prices growth into double digits again. 2014 was the last year total inventory grew. NAR: Total housing inventory at the end of March totaled 950,000 units, up 11.8% million and 6.16

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Housing Market Marketing Inventory Mortgage 488

Housing Wire

SEPTEMBER 2, 2022

Do you notice how I used a present-tense word there? When Mohtashami first used the phrase in his commentaries back in March, he said, “I have lost my five-year home-price growth model of 23% in just two years, and inventory has worsened in 2022. Unfortunately, this phrase still rings true six months later.

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Retail Housing Market Inventory Lending 340

Housing Wire

FEBRUARY 6, 2024

.” Data from the Mortgage Rates Center also flows to the HousingWire homepage, where the 30-year fixed mortgage rates will be presented in a new Market Glimpse module. In addition to real-time mortgage rates, we launched the Market Glimpse with housing inventory data powered by Altos Research.

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Mortgage Inventory Housing Market Marketing 353

Housing Wire

OCTOBER 25, 2021

In addition, with one-third of homes stayed on the market for less than a week and inventory was down 13% from a year prior. ” Top markets for affordable renovated housing inventory. Presented by : Auction.com. Housing economists at Redfin are not concerned that this slowdown could be a harbinger.

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Renovations Inventory Agents Brokerage 410