Housing Wire

JUNE 27, 2024

After rising in March , pending home sales continued to slide in May, with the Pending Home Sales Index (PHSI) posting its second consecutive month of declines to reach a record low, 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.

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Inventory Contracts Realtors Buyers 501

Housing Wire

JULY 31, 2024

After plummeting to an all-time low in May , pending home sales bounced back a bit in June, with the Pending Home Sales Index rising 4.8%, according to data released Wednesday by the National Association of Realtors (NAR). A reading of 100 is equal to the level of contract activity in 2001. The index rose from a reading of 70.8

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Housing Market Contracts Inventory Realtors 468

Housing Wire

JANUARY 3, 2023

according to data released last Wednesday by the National Association of Realtors. An index of 100 is equal to the level of contract activity in 2001. Yet, mortgage applications point to a thawing, but still cold, housing market as mortgage rates come down.”. “The month-over-month drop that resulted in an index reading of 73.9,

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Contracts Housing Market Realtors Construction 511

Housing Wire

OCTOBER 14, 2022

Mortgage professionals are no exception – whether you find yourself tweeting for work or in your free time, you may also want to follow accounts for people and organizations that are relevant to the industry in order to stay up-to-date on the latest news about the housing market. economy and specializes in the housing market.

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Housing Market Marketing Real Estate Finance 497

Housing Wire

NOVEMBER 30, 2023

Pending home sales in October fell to their lowest level since 2001. in October on a month-over-month basis, according to data released Thursday by the National Association of Realtors (NAR). In today’s tough housing market, the rental market is cooling off, giving some relief to homebuyers. down from 72.6 in September.

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Housing Market Inventory Realtors Construction 497

Housing Wire

MAY 25, 2023

After falling for the first time since November 2022 in March , pending home sales remained unchanged in April, 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 March.

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Inventory Housing Market Contracts Government 397

Housing Wire

OCTOBER 28, 2022

according to data released Friday by the National Association of Realtors. An index of 100 is equal to the level of contract activity in 2001. Persistent inflation has proven quite harmful to the housing market,” Lawrence Yun, NAR’s chief economist, said in a statement. This is the fourth consecutive month of declines.

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Contracts New Listings Realtors Housing Market 528

Housing Wire

AUGUST 29, 2024

That’s according to the July pending home sales index from the National Association of Realtors. to the second lowest seasonally adjusted rate in the data’s history, topping only April of 2020 when the market was frozen by the pandemic. Anything above 100 is considered to have a higher level of activity relative to 2001.

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Buyers Realtors Inventory Sellers 459

Housing Wire

SEPTEMBER 26, 2024

After hitting the second-lowest level on record in July , pending home sales rose slightly in August, according to data released Thursday by the National Association of Realtors (NAR). A reading of 100 is equal to the level of contract activity in 2001. The Pending Home Sales Index rose 0.6%

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Contracts Realtors Housing Market Mortgage 457

Housing Wire

MARCH 28, 2024

month over month, according to the newest data released Thursday by the National Association of Realtors (NAR). For comparison, the index is benchmarked at a reading of 100 based on 2001 contract activity. Pending home sales increased modestly in February despite rising mortgage rates , growing 1.6% in February, up from 74.3

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Inventory Realtors Contracts Sellers 482

Housing Wire

JANUARY 27, 2023

according to data released Friday by the National Association of Realtors (NAR). Mortgage rates are the dominant factor driving home sales, and recent declines in rates are clearly helping to stabilize the market.” An index of 100 is equal to the level of contract activity in 2001. “We compared to December 2021.

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Contracts Realtors Mortgage Buyers 448

Housing Wire

AUGUST 3, 2021

The markets expected to see the largest increases in home prices in the next 12 months, per CoreLogic, are San Diego, California (+11.5% 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.

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Buyers Inventory Realtors Contracts 514

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. Yun also expressed concern about a possible government shutdown, which could worsen the conditions in the housing market. “It All four regions of the U.S.

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Housing Market Contracts Government Buyers 497

Housing Wire

MARCH 31, 2021

After eight months of consecutive gains, the consequences of low inventory finally caught up with the housing market in February. drop in the number of homes in contract from the prior month, according to new data from the National Association of Realtors. An index of 100 is equivalent to the level of pending sales in 2001.

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Inventory Contracts Housing Market Buyers 511

Housing Wire

DECEMBER 28, 2023

Pending home sales in November were largely unchanged from October’s levels, a month that saw the lowest pending sales since 2001. according to the latest data from the National Association of Realtors (NAR). NAR’s Pending Home Sales Index (PHSI) recorded a minor increase to 71.6 in November, from 71.4 one month ago.

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Realtors Contracts Mortgage Marketing 482

Housing Wire

FEBRUARY 29, 2024

month over month in January, 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. Pending home sales dropped 4.9% NAR’s Pending Home Sales Index (PHSI) decreased to 74.3 in January, down from 77.3 in December.

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Contracts Inventory New Listings Realtors 459

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. Additionally, mortgage rates fell toward the end of 2023, raising hopes for the 2024 housing market. Pending home sales rose 8.3%

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Contracts Housing Market Construction Inventory 482

Housing Wire

JULY 21, 2022

Retail housing market data from June showing early signs of a real estate slowdown was foreshadowed three months earlier in buyer behavior at foreclosure auctions. The retail housing market data, released by Redfin at the end of June, shows the median asking price for newly listed homes for sale in the four weeks ending June 26 dropped 1.5%

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Housing Market Buyers Marketing Retail 435

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. For the first time since November 2022, pending home sales fell in March, posting a 5.2% year over year. year over year to 4.56 million for all of 2023.

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Inventory Realtors Contracts Construction 459

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

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. The market is at an interesting point with rising inventory and lower demand,” said Lawrence Yun, NAR Chief Economist. May saw a 2.1% Per the report, every U.S.

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Contracts Inventory Buyers Mortgage 418

Housing Wire

JUNE 26, 2024

His expertise in sales leadership and keen understanding of the real estate technology market make him the perfect fit for iHomefinder. iHomefinder was established in 2001 by Brett DeSchepper and is based in Berkeley, California. “Bryson has a proven track record of success,” the company said in a statement announcing the hire.

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Client Relationships Real Estate Technology Design 395

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

FEBRUARY 27, 2023

January’s pending home sales picked up right where they left off in 2022, posting the second consecutive month of increases, according to data released Monday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. After posting a 2.5% compared to a year ago. in 2023 and 5.4%

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Housing Market Realtors Contracts Buyers 459

Housing Wire

AUGUST 30, 2023

in July, according to data released Wednesday by the National Association of Realtors (NAR). However, unlike the market for new homes , which has recovered convincingly above last year’s lows (+31.5%), pending home sales continue to lag behind year-ago levels (-14.0%). An index of 100 is equal to the level of contract activity in 2001.

Inventory 448

Inventory Contracts Buyers Realtors 448

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. How to make digital marketing easy and effective for mortgage professionals. Pending home sales continued to drop in August, recording a 1.0% In July , the index fell 1.0%

Contracts 418

Contracts Realtors Inventory Marketing 418

Appraisal Buzz

DECEMBER 30, 2024

A new report from the National Association of Realtors (NAR) has found that pending home sales gained 2.2% A PHSI reading of 100 is equal to the level of contract activity in 2001. Furthermore, buyers are in a better position to negotiate as the market shifts away from a sellers market. in November. from November 2023.

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Contracts Inventory Buyers Sellers 435

Housing Wire

NOVEMBER 30, 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. Pending home sales continued to fall in October, recording a 4.6% month-over-month drop that resulted in an index reading of 77.1, This is the fifth consecutive month of declines.

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Realtors Contracts Buyers Mortgage 397

Housing Wire

MAY 23, 2022

Hogle began his mortgage career in 2001 at New Century Mortgage , where he became a branch manager. How to make digital marketing easy and effective for mortgage professionals. This white paper explains what collaborative marketing is and how forward-thinking lenders are already using it to drive growth.

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Mortgage Retail Insurance Development 418

Housing Wire

OCTOBER 28, 2021

An index level of 100 is equal to the level of contract activity in 2001. Contract transactions slowed a bit in September and are showing signs of a calmer home price trend, as the market is running comfortably ahead of pre-pandemic activity,” Lawrence Yun, NAR’s chief economist, said in a statement. The index dropped to 116.7

Inventory 448

Inventory Renovations Contracts Buyers 448

Appraisal Buzz

JANUARY 27, 2022

Pending home sales fell in December, denoting two straight months of declines, according to the National Association of Realtors. An index of 100 is equal to the level of contract activity in 2001. The post Housing Market Sees a 3.8% All four major U.S. The Pending Home Sales Index (PHSI) fell 3.8% in December.

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Housing Market Contracts Marketing Realtors 195

Housing Wire

SEPTEMBER 21, 2023

The housing market will remain subdued until the Federal Reserve starts cutting rates next year, according to economists and housing pros following the central bank’s Wednesday announcement to leave the benchmark rate unchanged in the target range of 5.25%-5.5%. Fed officials expect interest rates to be at 5.1% in 2024, up from the 4.6%

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Real Estate Mortgage Buyers Inventory 448

Appraisal Buzz

JULY 31, 2024

increase was reported in June pending home sales by the National Association of REALTORS (NAR). The level of contract activity in 2001 is represented by an index of 100. Even more inventory is expected to come onto the housing market in the upcoming months ahead of the normal, seasonal declines in the winter,” Yun said.

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Contracts Inventory Buyers Housing Market 397

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

FEBRUARY 15, 2023

Larry Steinway, former senior vice president of lending and branch manager at Illinois-based Guaranteed Rate , has taken on a new challenge to expand the Ohio-based Revolution Mortgage footprint in the Chicagoland market. He then transitioned to PHH Home Loans in 2001 for an in-house lending stint, a role he stayed in for about nine years.

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Mortgage Loan Officers Lending Retail 370

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 was announced by Federal Reserve Chair Jerome H.

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Contracts Buyers Mortgage Realtors 359

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