Housing Wire

JULY 3, 2024

Today’s housing market suffers from affordability issues due to mortgage rates in the 7s and high home prices. People are quick to panic over any part of the housing market that looks stressed, fearing we’ll see 2008 levels of destruction all over again. Why choose 2011?

Housing Market 379

Housing Market Marketing New Listings Contracts 379

Housing Wire

SEPTEMBER 12, 2024

For one, it’s easier to qualify for more of the homes on the market now that mortgage rates are a bit lower. Attractive properties in hot markets are still selling quickly, but some metros — or neighborhoods within them — have flipped further in favor of buyers.“ “Buyers have more options to choose from for two reasons.

Housing Market 468

Housing Market Marketing Inventory Buyers 468

Housing Wire

APRIL 27, 2024

This isn’t saying too much since 2023 had the lowest recorded level of new listings ever, but it’s still a plus in my book. However, I believe bond traders were expecting something hotter than the month-to-month core CPI print of 0.3%, thus the bond market rallied and sent yields lower. 2022: 19.2%

Inventory 509

Inventory Housing Market Marketing New Listings 509

Inman

OCTOBER 19, 2023

Homebuyers are backing away from the market as mortgage rates continue to climb. But new listings aren't declining as quickly, Redfin reports.

New Listings 164

New Listings Buyers Marketing Mortgage 164

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 151

New Listings Contracts Inventory Real Estate 151

Housing Wire

APRIL 23, 2023

Can we now say that the housing market ‘s spring selling season is finally underway? Here’s a quick rundown of the last week: Active listings rose by 8,546 , and new listing data showed some growth. The red line is where NAR believes a balanced market is, at six months of supply.

Inventory 545

Inventory Housing Market Marketing New Listings 545

Appraisal Buzz

JULY 18, 2022

RE/MAX has released new data through its National Housing Report covering the month of June which found that halfway through the peak summer buying season inventory is up, yet still below levels seen in 2021, but more signs are starting to appear signaling a more balanced market may soon be a reality.

New Listings 150

New Listings Inventory Appraisal Marketing 150

Inman

JUNE 29, 2023

The number of new listings coming onto the market has plunged since June 2022, according to data released Thursday by Redfin. Transaction levels remain low even as home prices creep higher.

New Listings 152

New Listings Marketing Inventory Housing Market 152

Housing Wire

APRIL 30, 2023

The spring housing market music is playing, and purchase application data and active listing inventory rose together last week. Here’s a quick rundown of the last week: Active listing rose 8,260 week to week, down a bit from last week’s gain, but I’m not complaining — anything on the plus side is positive.

Inventory 523

Inventory Housing Market Marketing New Listings 523

Appraisal Buzz

AUGUST 8, 2024

housing market is rapidly approaching the $50 trillion mark, with the total value of homes across the country hitting a record $49.6 trillion, according to a new report by Redfin. New Jersey leads in value gains New Jersey metros close to New York City saw the largest jumps in property value over the last year.

Valuation 417

Valuation Housing Market Marketing Home Value 417

Housing Wire

MAY 7, 2023

Just when I thought it was safe to say we were getting more traditional spring housing inventory , we hit a snag last week, as active inventory and new listings declined. New listing data was trending at all-time lows in 2021 abd 2022 and now it’s creating a new all-time low trend in 2023.

Inventory 498

Inventory Housing Market Marketing New Listings 498

Housing Wire

SEPTEMBER 17, 2024

Like the vast majority of the country, the city’s housing market has been stymied by high mortgage rates, low inventory and mismatched expectations between buyers and sellers. Buyers think it’s a buyer’s market. Sellers think it’s a seller’s market. 25 statewide in 2023 transaction volume.

Housing Market 284

Housing Market Marketing Sellers Buyers 284

Housing Wire

APRIL 16, 2023

The seasonal housing inventory bottom evaded us again last week as active listings fell and new listing inventory decreased. Here’s a quick rundown of the last week: Active inventory fell 5,383 last week, and new listing data is still trending at all-time lows in 2023.

Inventory 539

Inventory Housing Market Marketing New Listings 539

Appraisal Buzz

JULY 9, 2021

The sizzling seller’s market shows some signs of cooling, but, according to analysts, “only by a few degrees.” ” The post New Listings Return to 2019 Levels appeared first on DSNews. The post New Listings Return to 2019 Levels appeared first on Appraisal Buzz.

New Listings 195

New Listings Sellers Appraisal Marketing 195

Housing Wire

MAY 21, 2023

It was a wild ride for the housing market last week! New listings data fell, however, active inventory grew. Here’s a quick rundown of the last week: Total active listings grew by 3,809 weekly, but new listings are still trending at all-time lows. Purchase application data fell 4.8% From the St.

Housing Market 506

Housing Market Marketing Inventory New Listings 506

Real Estate News

MARCH 14, 2024

A national survey of 1,900 real estate agents found that most are anticipating a good market in the coming six months.

New Listings 210

New Listings Agents Real Estate Agent Real Estate 210

Sacramento Appraisal Blog

NOVEMBER 15, 2023

The housing market feels like leftovers right now. It’s that time of year where we see less new listings due to sellers hibernating for the holidays, and some of the existing inventory just feels as stale as Aunt Tina’s green bean casserole that nobody wants to see during Thanksgiving.

Housing Market 328

Housing Market Marketing New Listings Inventory 328

Housing Wire

MARCH 16, 2024

I can’t see the 10-year yield below 3.37% unless the labor market breaks — meaning jobless claims over 323,000 on the four-week moving average. That means I can’t see mortgage rates going below 6%, especially with the spreads being bad, until the labor market or the economy gets weaker. I know it’s not a lot, but growth is growth.

Housing Market 506

Housing Market Inventory Marketing New Listings 506

Housing Wire

JULY 9, 2023

This is truly a savagely unhealthy housing market as we have too many people chasing too few homes. The weekly active listing data had a rare week-to-week decline. The other big story in housing has been that new listing data has been trending at the lowest levels recorded in history for 12 months. If we start from Nov.

Inventory 493

Inventory Housing Market Marketing New Listings 493

Appraisal Buzz

JULY 9, 2024

The median home also spent 45 days on the market, an increase of two days over the previous year. The market is trending slightly in the direction of becoming more buyer-friendly thanks to these factors. June 2024 Housing Metrics – National Median list price per sq.ft: Change over June 2023: (+3.4%) Change over June 2019: (+52.6)

Housing Market 418

Housing Market Buyers Marketing Inventory 418

Housing Wire

JANUARY 23, 2023

Here’s the housing market rundown for the last week: Purchase application data had a solid week-to-week gain of 25%. Mortgage rates fell, but the bond market didn’t break what I see as a critical level, so for now, stabilization is more important. Last week’s housing market data provided mixed news.

Housing Market 513

Housing Market Marketing Inventory New Listings 513

Housing Wire

MAY 28, 2024

“We have an excellent tug-of-war on rates now because people have wised up to the fact that the labor market isn’t tight anymore, and the Fed doesn’t seem like it wants to get ahead of the curve on a softer labor market,” HousingWire lead analyst Logan Mohtashami said. “So,

Mortgage 459

Mortgage Marketing Inventory New Listings 459

Housing Wire

JUNE 25, 2023

However, the real positive story here is that even with new listing data trending at an all-time low, we are getting the growth in active listings we traditionally see in the spring and summer. In addition, new listing data turned negative year over year after the second half of 2022.

Inventory 417

Inventory Housing Market Marketing New Listings 417

Housing Wire

MARCH 6, 2023

The housing market faced some serious obstacles last week as the 10-year yield broke over 4%, mortgage rates rose to over 7%, purchase apps fell again and we are still trying to find the elusive seasonal bottom for housing inventory. My 2023 inventory forecast needs a lot of help, as new listing data isn’t growing at all still.

Inventory 509

Inventory Housing Market Marketing New Listings 509

Housing Wire

MARCH 26, 2023

The financial and housing markets are still trying to sort out the banking crisis and whether we have seen the last Fed rate hike in this cycle. Active inventory fell 1,109, and new listing data made a lovely comeback week to week but was still noticeably down year over year. In a regular market, they would be closer to 5.25%.

Inventory 460

Inventory Housing Market Marketing Mortgage 460

Inman

FEBRUARY 5, 2024

Winter is always slow, but new listings have been trending toward normal levels in recent months, according to a new Intel analysis of US homes for sale. Lower rates may only speed up the process.

New Listings 139

New Listings Inventory Brokerage Agents 139

Appraisal Buzz

SEPTEMBER 2, 2021

While the market continues to favor sellers, 432,000 newly listed homes hit the market in August, with once-hotly-contested bidding wars cooling to close out Q3. The post Both Inventory and New Listings on the Rise in August appeared first on DSNews.

New Listings 150

New Listings Inventory Sellers Appraisal 150

Housing Wire

JUNE 11, 2023

inventory saga: after mortgage rates spiked above 6% in 2022, that jump-started the unhealthy reality of new listing data trending negative year over year. So much for the 2021 grifting premise that once mortgage rates rise, many Americans will list to sell and get out! Of course, we have a third story in this U.S.

Inventory 521

Inventory Housing Market Marketing New Listings 521

Housing Wire

APRIL 5, 2024

Against that backdrop, Zillow identified prime markets for first-time homebuyers , and half of them were nestled in the Midwest. The increase in new listings this spring, due both to new construction and to more homeowners choosing to sell, will give buyers more options and help to ease price growth.

Housing Market 468

Housing Market Marketing Training New Listings 468

Housing Wire

JULY 30, 2023

Last week inventory growth dropped and new listing data declined again. Two weeks ago we had some good movement with active listings growing almost 9,000 , but last week that fell to just 4,988, and new listings data also fell. Instead, new listings data had a small decline last week.

Housing Market 370

Housing Market Marketing Inventory New Listings 370

Appraisal Buzz

JUNE 17, 2024

According to new Redfin research , more than three in five—an estimated 61.9%—of of homes on the market in May had been listed for at least 30 days without selling. More homes for sale, combined with low demand, means that less appealing listings are piling up, leaving some without a buyer. set in October 2023.

Marketing 431

Marketing Inventory Contracts New Listings 431

Appraisal Buzz

SEPTEMBER 5, 2024

With the total number of homes on the market at its greatest point since May 2020 and interest rates about to start declining, buyers will have more options this autumn. Simultaneously, home sellers reduced the number of newly listed properties on the market, with a -0.9% Gains in new listings were observed in July (8.4%).

Sellers 397

Sellers Housing Market Buyers Marketing 397

Housing Wire

DECEMBER 3, 2020

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. The divide between supply and demand is striking: compared to last year, total new listings increased.22%,

Inventory 546

Inventory Housing Market Marketing New Listings 546

Housing Wire

APRIL 3, 2023

Last week was relatively calm for the housing market after the fiasco of the banking crisis. Active inventory fell by 3,141, and new listing data fell again and is still trending at all-time lows. The banking crisis has stressed the mortgage backed securities market , pushing rates higher than usual.

Inventory 498

Inventory Housing Market Marketing New Listings 498

Housing Wire

JULY 2, 2023

We have often discussed that the housing market dynamics changed starting Nov. The other big story with housing inventory is that new listing data has been trending negative year over year since the end of June 2022. We had new listings growth from 2021 to 2022, but that’s not the case this year.

Inventory 468

Inventory Housing Market Marketing New Listings 468

Housing Wire

JULY 24, 2024

Prospective buyers from out of state often come to Indiana for its growing job market, low taxes and relatively affordable housing. Caruso said this is indicative of the markets in Indiana, where low inventory, high interest rates and inflationary pressure are still making it hard for clients to find — and afford — a home to buy.

Marketing 430

Marketing Realtors Buyers Property Taxes 430

Housing Wire

SEPTEMBER 7, 2024

While the Fed can be old and slow, the bond market, thankfully, is doing a lot of the heavy lifting and has already priced in a lot of Fed easing policy. This is happening as the spreads are better and the labor market is getting softer. The economic data needs to weaken, especially the labor market data.

Mortgage 533

Mortgage Inventory New Listings Marketing 533