Housing Wire

AUGUST 3, 2021

Home prices continue to increase as national inventory levels remain low heading into August. Bend, Oregon, with beautiful scenery, a bevy of craft breweries and microscopic home inventory, saw the second-highest home price increase in the country year-over-year, at 35.4%. But relief for buyers could be coming in the next 12 months.

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Buyers Inventory Realtors Contracts 514

Housing Wire

APRIL 27, 2023

month-over-month decrease, according to data released Thursday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. The lack of housing inventory is a major constraint to rising sales,” Lawrence Yun , NAR’s chief economist, said in a statement. year over year.

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Inventory Realtors Contracts Construction 459

Housing Wire

NOVEMBER 27, 2024

The latest signal comes from the National Association of Realtors ‘ (NAR) Pending Home Sales Index (PHSI), which shows sales in October growing 5.4% The PHSI is benchmarked at 100 in 2001. year over year and 2% compared to September.

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Marketing Realtors Housing Market Inventory 370

Appraisal Buzz

JUNE 27, 2024

decline in pending home sales, according to the National Association of REALTORS. The level of contract activity in 2001 is represented by an index of 100. A continued dearth of inventory, high home prices and stable mortgage interest rates have kept would-be home buyers at bay this spring.” May saw a 2.1%

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Contracts Inventory Buyers Mortgage 418

Housing Wire

JANUARY 26, 2024

month over month in December, according to the newest data from the National Association of Realtors (NAR). For comparison, the index is benchmarked at a reading of 100 based on 2001 contract activity. Looking ahead Confronted with limited existing home inventory, many buyers have pivoted to newly constructed homes. in November.

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Contracts Housing Market Construction Inventory 482

Appraisal Buzz

NOVEMBER 27, 2024

Pending home sales rose in October, marking the third consecutive month of increases, according to new data from the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. Despite the low sales activity, inventory has only modestly improved and remains dramatically undersupplied.”

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Contracts Inventory Mortgage Buyers 418

Housing Wire

AUGUST 30, 2023

in July, according to data released Wednesday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. However, rising mortgage rates and limited inventory have temporarily hindered the possibility of buying for many.” annual drop recorded in June.

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Inventory Contracts Buyers Realtors 448

Housing Wire

JULY 29, 2021

in June, according to the National Association of Realtors , which tracks the metric. (An An index of 100 is equal to the average level of contract activity during 2001, the first year examined. The volume of existing-home sales in 2001 was within the range of 5 to 5.5 The overall pending home sales index fell 1.9%

Marketing 468

Marketing Buyers Realtors Real Estate 468

Housing Wire

AUGUST 29, 2024

That’s according to the July pending home sales index from the National Association of Realtors. Anything above 100 is considered to have a higher level of activity relative to 2001. On an annual basis, the index fell by 8.5% The index fell by 5.5% month over month to 70.2. presidential election.” presidential election.”

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Buyers Realtors Inventory Sellers 459

Housing Wire

JUNE 29, 2023

After holding steady month over month in April , pending home sales were back down again in May, dropping 2.7%, according to data released Thursday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. annual drop recorded in April.

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Contracts Inventory Housing Market Realtors 370

Housing Wire

SEPTEMBER 28, 2023

in August, according to data released Thursday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. Mirroring the trend for new home sales , pending home sales fell 7.1% All four regions of the U.S. posted month-over-month and year-over-year declines in transactions.

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Housing Market Contracts Government Buyers 497

Housing Wire

OCTOBER 28, 2021

An index level of 100 is equal to the level of contract activity in 2001. 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.”. Top markets for affordable renovated housing inventory.

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Inventory Renovations Contracts Buyers 448

Appraisal Buzz

AUGUST 30, 2024

decline in pending home sales, according to the National Association of REALTORS. in July, the lowest level since the index’s inception in 2001. in July, the lowest level since the index’s inception in 2001. The level of contract activity in 2001 is represented by an index of 100. “A July saw a 5.5%

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Contracts Realtors Inventory Buyers 312

Appraisal Buzz

JULY 31, 2024

increase was reported in June pending home sales by the National Association of REALTORS (NAR). The rise in housing inventory is beginning to lead to more contract signings,” said Lawrence Yun, NAR Chief Economist. The level of contract activity in 2001 is represented by an index of 100. In a new report, an estimated 4.8%

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Contracts Inventory Buyers Housing Market 397

Appraisal Buzz

OCTOBER 30, 2024

The National Association of REALTORS (NAR) reports that pending home sales increased in September. The amount of contract activity in 2001 is represented by an index of 100. Further gains are expected if the economy continues to add jobs, inventory levels grow, and mortgage rates hold steady.” September saw a 7.4%

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Contracts Buyers Inventory Mortgage 418

Housing Wire

NOVEMBER 29, 2021

From the National Association of Realtors : “The Pending Home Sales Index (PHSI), a forward-looking indicator of home sales based on contract signings, rose 7.5% An index of 100 is equal to the level of contract activity in 2001.” When inventory rises and more supply is on the market, this means demand is fading.

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Inventory Contracts Training Investors 532

Housing Wire

SEPTEMBER 29, 2022

according to data released Wednesday by the National Association of Realtors. An index of 100 is equal to the level of contract activity in 2001. According to Yun, limited inventory and almost non-existent distressed property sales have supported home prices, which he predicts will rise by 9.6% In July , the index fell 1.0%

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Contracts Realtors Inventory Marketing 418

Housing Wire

JULY 27, 2023

After dropping slightly month over month in May , pending home sales ticked back up in June, rising 0.3%, according to data released Thursday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. Home prices will be influenced by how much inventory is brought to market.

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Construction Inventory Realtors Housing Market 370

Housing Wire

SEPTEMBER 21, 2023

In an elevated rate environment, the lack of inventory continues to be the biggest challenge for many potential buyers, the Mortgage Bankers Association said. Mortgage rates have been on an upward trend this year with rates in August surging to 7.23% —the highest since 2001. Fed officials expect interest rates to be at 5.1%

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Real Estate Mortgage Buyers Inventory 448

Housing Wire

FEBRUARY 15, 2023

He then transitioned to PHH Home Loans in 2001 for an in-house lending stint, a role he stayed in for about nine years. Steinway is the sole loan officer in his branch and is supported by the rest of his five team members, who primarily focus on marketing its realtor relationships.

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Mortgage Loan Officers Lending Retail 370

Appraisal Buzz

SEPTEMBER 29, 2021

The National Association of Realtors ’ Pending Home Sales Index (PHSI), a forward-looking indicator of home sales based on contract signings, increased 8.1% An index of 100 is equal to the level of contract activity in 2001. Year-over-year, signings dipped 8.3%.

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Contracts Realtors Inventory Buyers 195

Appraisal Buzz

SEPTEMBER 26, 2024

According to the National Association of Realtors (NAR) , pending home sales in August 2024 rose 0.6%, with the Midwest, South, and West posting monthly gains in transactions, and the Northeast recording a loss. A PHSI reading of 100 is equal to the level of contract activity in 2001. “A

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Contracts Buyers Mortgage Realtors 359

Appraisal Buzz

AUGUST 29, 2024

compared with July 2023, as mortgage rates and home prices remained stubbornly high, according to the National Association of Realtors (NAR). As a result, the Pending Home Sales Index (PHSI) fell to a score of 70.2 – the lowest reading since the index began tracking in 2001. “A Pending home sales decreased 5.5% in the Northeast, 7.8%

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Contracts Buyers Realtors Inventory 221

Housing Wire

JULY 21, 2022

If rates continue to go up that’s where you’ll see that 10% shift,” said Lizell, who has been investing since 2001 and noted that a correction is already taking place in non-real estate markets. “If That’s still strong demand by historical standards, a function in part of the low inventory of properties available at foreclosure auction.

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Housing Market Buyers Marketing Retail 435

Housing Wire

APRIL 20, 2022

As more and more people enter the real estate industry – membership at the National Association of Realtors has ballooned to a record 1.6 But with rising mortgage rates, still-rising home prices, and record-low levels of inventory, this might be easier said than done. Real estate agents are busier than ever.

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Real Estate Agent Real Estate Agents Brokerage 448

Lamacchia Realty

JANUARY 30, 2024

This scarcity in inventory had the effect of keeping prices high, but there was a substantial decrease in sales, approximately 19%, leaving prospective buyers eager. This resilience is more attributable to the reduction in inventory rather than a decline in sales. Maine Sales Decreased by 18.9%

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Inventory Sellers Buyers Contracts 58

Housing Wire

APRIL 29, 2021

The National Association of Realtors released encouraging news Thursday about the future of the housing market. Though homes in contract are not always closed, the index figure is a strong indication that home sales will rebound in the coming months after an inventory-induced decline. in March, after two consecutive months of decline.

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Contracts Inventory Construction Realtors 448

Houston Properties

JANUARY 12, 2022

While no one ever thinks they’ll be forced to sell in a down market, very few people predicted 9/11 (2001), Great Recession (2008), the collapse of oil prices (2014), or Hurricane Harvey (2017). This is more concerning now that 71% of Houston Realtors have sold less than 5 homes in their entire career. I May Need To Sell.

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Real Estate Marketing Real Estate Agent Realtors 36

Appraisal Today

AUGUST 18, 2023

As you may have heard, a cyberattack has shut down Rapattoni, a property data provider, leaving realtors and appraisers in 12 states without access to MLS data. That’s because scarce inventory is driving up prices, pushing many homes on the cusp over the seven-figure mark. Just over 8% of U.S.

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Appraisal Contracts Inspection Real Estate 76

Housing Wire

APRIL 13, 2022

in 2001 to 44.8% The Hispanic homeownership rate grew moderately to 48.4%, partly due to organized advocacy and the work of Latino Realtors and lenders. While home inventories remain low, the prospects for first-time buyers diminish. Black homeownership rates have declined from 48.4% Prices continue to rise.

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Insurance Construction Government Lending 397

Will Springer Realtor

MAY 13, 2024

Housing inventory nationwide flipped from oversupply to undersupply about a dozen years ago when consumers and the banking industry began to slowly rebound financially from the Great Recession. America’s shortfall is most acute with the most vulnerable, as affordable housing inventory has been shrinking for decades. bath , 5546 sq.

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HOA Transportation Construction Buyers 36

Will Springer Realtor

AUGUST 9, 2021

million housing units since 2001. There is a strong desire for homeownership across this country, but the lack of supply is preventing too many Americans from achieving that dream,” said Lawrence Yun, chief economist for the National Association of Realtors® (NAR). Among single-family homes, county inventory increased to 0.6

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Construction Inventory Property Taxes Development 36

Will Springer Realtor

DECEMBER 12, 2023

Inventory continues to shrink to levels not seen since the days of disco, shag carpets and pet rocks. Just for Fun: In December 2022, the National Association of Realtors® projected mortgage interest rates would be 5.7% From putting green to billiard room, there is so much to see and do in this 2001-built traditional home.

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Real Estate Buyers Housing Market Law 36

Housing Wire

NOVEMBER 22, 2024

And housing starts didn’t return to 2001 levels until 2022. Today, it is $404,500, per the National Association of REALTORS. And increased inventory at lower price points promotes a balanced market with price stability for the buyer. Well-conditioned inventory hitting the market will serve a greater immediate need.

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Marketing Investors Investing Housing Market 468

Movoto

OCTOBER 31, 2024

And inventory goes down. In the winter months, generally we see more homes go on the market than come off and inventory goes up. And so nationally, all of a sudden, we’re in this situation where housing inventory is starting to meaningfully increase. 9:55: And so inventory never caught up.

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Housing Market Marketing Real Estate Insurance 36