Housing Wire

JULY 19, 2022

The June housing starts data beat estimates with positive revisions, however, this doesn’t change the housing market recession call that I made last month. We are already below the 2000 recession levels and back to 1996 levels today. One might even say this housing market is still savagely unhealthy.

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Housing Market Marketing Construction Real Estate 525

Housing Wire

APRIL 13, 2021

Austin, Texas might be the hottest housing market in the country. It is just a super tight housing market. I haven’t seen anything like this here, and I’ve been doing this since 2000,” Richardson said. “I think what’s going on is a shock to people in the Austin market,” Van Dyke said.

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Housing Market Buyers Marketing Real Estate Agent 535

Appraisal Buzz

OCTOBER 11, 2024

“FHFA’s new data resource on manufactured homes provides relevant, up-to-date information on an important but less-understood segment of the housing market,” says Sandra L. In a housing market with elevated home prices, manufactured housing remains an affordable option.

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Housing Wire

MARCH 12, 2023

Last week was wild, and not just for the housing market. Inventory grew during the housing bubble years because housing credit was much looser back then, and people could move more freely. Mortgage rates fell even though the jobs report was stronger than anticipated.

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Housing Market Mortgage Marketing Inventory 370

Housing Wire

AUGUST 1, 2024

Talk to a real estate agent about expectations for the fall and they’ll likely mention that the housing market will be slow due in part to the election, a belief in the industry that’s become rote. But a new report from John Burns Research and Consulting refutes that notion.

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Appraisal Buzz

JULY 29, 2024

Recent data from First American (First Am) Data & Analytics’ Real House Price Index (RHPI) reveals a significant shift in the housing market, with increased housing supply leading to improved affordability in some areas. since January 2000. Unadjusted house prices are now 61.4% since June 2024 and 91.8%

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Housing Wire

MARCH 1, 2024

The lender also communicated that it funded $4 billion in fix-and-flip loans in 2023, a company record for a calendar year, despite the challenging housing market. of all home purchases in Q3 2023, higher than the typical share seen since 2000. But home flips still represented 7.2%

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Investors Real Estate Technology Housing Market 409

Housing Wire

FEBRUARY 8, 2024

Mortgages rates reached their highest level since 2000 , construction costs rose and building regulations remained burdensome, leaving U.S. housing affordability near a 10-year low point at the end of last year, according to the National Association of Home Builders (NAHB). median income of $96,300. “But

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Housing Wire

APRIL 1, 2024

Meanwhile, homeowners who bought in January 2000, January 2006 and January 2013 have received boosts of $414,000, $338,000, and $343,000, respectively. trillion in home equity at the end of 2023, up from $15 trillion in 2006, the previous peak of the housing cycle. Overall, U.S. homeowners held $31.8

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Investing Buyers Mortgage Housing Market 456

Housing Wire

APRIL 29, 2024

since January 2000. In March, the housing market was almost overvalued at a national level, but a surprisingly large number of markets remain significantly undervalued, according to First American. Consumer homebuying power, which represents how much one can buy based on changes in income and mortgage rates, decreased 0.1%

Housing Market 390

Housing Market Marketing Mortgage Sellers 390

Empire Appraisal Group

SEPTEMBER 8, 2022

Housing Market Collapse? Housing Market Collapse? 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. housing market is suffering some cracks, but an outright collapse is nowhere in sight.

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Housing Market Marketing Real Estate New Listings 78

Housing Wire

JUNE 5, 2023

In a sense, the gridlocked housing market has been feeding on itself,” Andy Walden , VP of enterprise research strategy at Black Knight, said. This is compounding the challenges for potential home buyers and the origination market alike, Walden said.

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Inventory Buyers Housing Market Mortgage 416

Housing Wire

NOVEMBER 18, 2022

On a positive note, however, the days on the market are no longer a teenager anymore: that metric grew from 18 days to 21 days. I cheer because the savagely unhealthy housing market theme I talked about back in February of this year was the same premise of the housing reset talking point the Federal Reserve uses.

Inventory 492

Inventory Marketing Housing Market New Listings 492

Eyes on Housing

MARCH 9, 2022

The highest measure in the history of the data series (going back to late 2000) was 416,000 in April 2019. The housing market remains underbuilt and requires. The count of open construction jobs increased for the month to 380,000 unfilled positions in January. Read More ›

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Construction Housing Market Marketing 207

Housing Wire

JULY 26, 2022

This data line confirms what we all know to be the case: The housing market, at least as it relates to construction, is in a recession. Since the summer of 2020, I have genuinely believed the housing market could change once the 10-year yield broke over 1.94%. The average sales price was $456,800.

Construction 514

Construction Housing Market Inventory Marketing 514

Eyes on Housing

JUNE 1, 2022

This is the highest measure in the history of the data series (going back to late 2000). The housing market remains underbuilt and requires additional labor, lots and lumber and. The count of open construction jobs jumped to 449,000 unfilled positions in April. Read More ›

Construction 189

Construction Housing Market Marketing 189

Eyes on Housing

MARCH 29, 2022

The highest measure in the history of the data series (going back to late 2000) was 416,000 in April 2019. The housing market remains underbuilt and requires additional labor, Read More › The count of open construction jobs remained steady at 381,000 unfilled positions in February.

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Construction Housing Market Marketing 192

Housing Wire

FEBRUARY 19, 2024

According to Ben Metcalf, managing director of the Terner Center for Housing Innovation at UC Berkeley, the homeownership rate for California is 50 percentage points lower than the rest of the nation at only 44% in 2021. That represents a serious downtrend from a 50% homeownership rate in 2000. What’s the solution?

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Law Inventory Real Estate Government 498

Eyes on Housing

JANUARY 4, 2022

The count of open construction jobs declined to 345,000 unfilled positions in November, after recording the highest measure in the history of the data series (going back to late 2000), 445,000 in October. The housing market remains underbuilt and requires additional labor, lots and lumber and building materials.

Construction 189

Construction Housing Market Marketing 189

Housing Wire

SEPTEMBER 21, 2023

As I have stressed time and time again, when you have normal credit channels, meaning the people who buy homes are in traditional 30-year fixed loans, the inventory channels will behave differently than they did in the years 2000-2007. But even with the biggest home sales crash ever, prices are still at all-time highs.

Inventory 521

Inventory Housing Market Mortgage Marketing 521

Appraisal Buzz

JUNE 25, 2024

Originally benchmarked to a level of 100 January 2000, the S&P CoreLogic Case-Shiller Index has reached an all-time high of 320.42 percentage points slower than the prior month’s annual pace.” “This month’s indexes cover home sales in February, March, and April, in what is typically a seasonal ramp-up period for the housing market.

Inventory 356

Inventory Housing Market Marketing Sellers 356

Housing Wire

APRIL 20, 2023

However, as we all know, housing inventory reached an all-time low in 2022, so you need context when talking about the year-over-year data. As we can see below, from 2000, total active housing inventory rose from 2 million to 2.5 NAR: The median existing-home price for all housing types in March was $375,700, a decline of 0.9%

Inventory 530

Inventory Housing Market Marketing New Listings 530

Eyes on Housing

DECEMBER 8, 2021

The labor market continues to tighten, especially for the construction industry. The count of open construction jobs increased to 410,000 unfilled positions in October, the highest measure in the history of the data series (going back to late 2000). Hiring in the. Read More ›

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Construction Inventory Housing Market Marketing 178

Housing Wire

JANUARY 6, 2022

Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for next year, along with a roundtable discussion on how these insights apply to your business. Measuring the housing deficit. The event is exclusively for HW+ members , and you can go here to register.

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Supply Chain Housing Market Construction Inventory 511

Eyes on Housing

MAY 3, 2022

The highest measure in the history of the data series (going back to late 2000) was 416,000 in April 2019. The housing market remains underbuilt and requires additional labor, Read More › The count of open construction jobs increased slightly to 396,000 unfilled positions in March.

Construction 158

Construction Housing Market Marketing 158

Housing Wire

AUGUST 18, 2022

“Inflation appears to be beyond its peak, which has stopped the rapid increase in mortgage rates that the housing market was experiencing earlier this year,” Sam Khater, chief economist at Freddie Mac, said in a statement. ” How to make digital marketing easy and effective for mortgage professionals.

Mortgage 418

Mortgage Housing Market Marketing Technology 418

Housing Wire

NOVEMBER 2, 2024

I want to show you how the data changed with mortgage rates heading toward 6% so the next time this happens, we have a better idea of what to expect in the housing market. Deviation In the data I aim to determine what level of mortgage rates we need to change the demand curve, which can also change the pricing curve in housing data.

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Inventory New Listings Mortgage Contracts 511

Housing Wire

APRIL 18, 2023

Without rents taking off, the CPI data would look much more tame, like what we saw from the years 2000-2019. Tuesday’s housing starts data does show some promise on the front of attacking inflation and helping lowering mortgage rates, so let’s look at the report and find out what I am talking about. Since 44.4%

Mortgage 518

Mortgage Construction Supply Chain Housing Market 518

Eyes on Housing

FEBRUARY 1, 2022

The highest measure in the history of the data series (going back to late 2000) was 445,000 in October 2021. The housing market remains underbuilt and requires. The count of open construction jobs declined for the month to 337,000 unfilled positions in December. Read More ›

Construction 156

Construction Housing Market Marketing 156

Housing Wire

JUNE 14, 2024

The second occurred in October 2023 when mortgage rates peaked at their highest point since 2000. Data continues to reflect seller-friendly market conditions as the median sale price reached another record high of $439,716 — up 5.1% year over year.

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Sellers Buyers Contracts Brokerage 488

Housing Wire

OCTOBER 21, 2022

Drop in refis, soaring interest rates and rise in homeowner costs to utilize equity drove prepayment to the lowest level since November 2000. How to optimize deal flow in today’s housing market. Prepayment activity dropped 14.9% Rate/term locks were down 93% compared to September 2021. HousingWire recently spoke with Charles J.

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Market Value Housing Market Mortgage Marketing 288

Housing Wire

AUGUST 16, 2024

housing market may have slowed during the second quarter of the year, investors did not take their foot off the gas. metro areas going back to 2000. Although the U.S. The number of home purchases by investors rose 3.4% In comparison, total U.S. home purchases fell 1.9%

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Investors Tenants Real Estate Property Taxes 460

Housing Wire

SEPTEMBER 27, 2023

The 30-year fixed mortgage rate increased to 7.41%, the highest rate since December 2000, and the 30-year fixed jumbo mortgage rate increased to 7.34%, the highest rate in the history of the jumbo rate series dating back to 2011,” said Joel Kan, MBA ’s vice president and deputy chief economist.

Mortgage 439

Mortgage Contracts Inventory Marketing 439

Housing Wire

SEPTEMBER 6, 2023

How hot is the housing market? There is certainly no shortage of indicators, but three in particular were published in the last week: the S&P/Case-Shiller Home Price Index, the All-Transactions House Price Index from the U.S. Federal Housing Finance Agency and the MSA-level “hotness” scores from Realtor.com.

Housing Market 445

Housing Market Finance Contracts Marketing 445

Housing Wire

NOVEMBER 23, 2022

We are well below the 2000 recession level and back to 1996 levels. When you account for a population of over 330 million people, that sales number looks a lot lower than in 2000 and 1996 so be mindful that we are trending at low levels today. Today we are finding a low base for now, because new home sales are historically low.

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Construction Marketing Housing Market Mortgage 482

Housing Wire

APRIL 25, 2023

The indices have a base value of 100 in January 2000; in other words, a current index value of 150 translates to a 50% appreciation rate since January 2000 for a typical home located within a particular market. The 10-city home price index also posted a 0.4% yearly increase, down from 2.5%

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Inventory Contracts Buyers Sellers 379

Housing Wire

APRIL 15, 2022

It was 2000, and the real estate market was fairly uneventful – rates were around 8% and house prices were affordably flat. HousingWire : What do you think will be the big themes for the housing market in 2022? Rates have risen more than 2 full percentage points, yet housing prices continue to rise.

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