Housing Wire

JUNE 22, 2023

The days on market are back to a teenager level in the existing home sales market, which means I can officially say we are back to a savagely unhealthy housing market! Nothing good happens in the housing market when the days on market are at a teenager level or lower. million in May. million).

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Housing Wire

DECEMBER 10, 2024

The housing market got some much needed relief in the fall when mortgage rates began to drop, but it was short lived. The turbulence in rates has trickled down to individual markets like Cincinnati, where real estate agents say they dont know what to expect from sale to sale. It’s just become a more common theme.

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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. housing market; the 10-year is above 1.94%, something that didn’t happen in 2020 or 2021. million and 6.16 million in March.

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Housing Wire

DECEMBER 29, 2021

A bullish housing market. economic recovery was a false story and that we were about to embark on a second housing bubble crash due to forbearance. The housing market didn’t crash at all, in fact, more Americans bought homes with mortgages in 2021 than in 2020. What a year 2021 has been. The excellent.

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Housing Wire

NOVEMBER 2, 2020

I’m talking about housing market crash headlines. The housing data has been wild this year. These dramatic peaks and valleys in the data have fed the demons of greed and fear that infest the minds our extreme housing bulls and the fierce housing market bears – leading to equally wild speculations about the future of U.S.

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Housing Wire

JANUARY 5, 2023

The 2022 housing market was savagely unhealthy , with all-time lows in inventory leading to massive bidding wars and price spikes until the Fed put a screeching halt to all of it with rate hikes that resulted in the most significant one-year spike in mortgage rate history. So where does all that drama leave us for 2023? Mortgage rates.

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Housing Market Marketing Inventory New Listings 543

Housing Wire

MAY 19, 2022

million , with double-digit home-price growth driving a housing market that is still savagely unhealthy. This is something that I said would change the tone of housing, and we are seeing that result this year as sales decline and inventory picks up. We are not taking the unhealthy housing market theme off this marketplace.

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Housing Market Marketing Inventory Realtors 528

Housing Wire

APRIL 13, 2022

This was the last thing we needed to see for the Housing Market , which went from unhealthy to savagely unhealthy. What I am hoping for is that higher rates create more days on the market, cool price growth down, and at some point this year, we stop being negative and be positive on a year-over-year basis.

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Housing Wire

JUNE 28, 2022

This data line lags the current housing market as it’s a few months old. Since 2014, we’ve not seen the credit housing boom that we saw from 2002-2005. million total housing inventory data as that is the level of inventory that would change my thesis that this is a savagely unhealthy market.

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Housing Wire

MAY 25, 2021

The March gain is also the largest since December 2005 and is one of the largest in the index’s 30-year history, said Craig Lazzara, managing director and global head of index investment strategy at S&P DJI. Alternatively, there may have been a secular change in preferences, leading to a permanent shift in the demand curve for housing.”

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Housing Wire

JANUARY 2, 2024

The “ silver tsunami ” — a colloquialism referring to aging Americans changing their housing arrangements to accommodate aging — could have more of an impact on the housing market this year, according to analyst Meredith Whitney in a conversation with Yahoo Finance. “[T]he And people over 50 are 74% of total U.S. homeowners.

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Housing Wire

APRIL 30, 2023

The spring housing market music is playing, and purchase application data and active listing inventory rose together last week. This proves that the mass supply growth we saw from 2005-2007 was due to credit stress, not because the economy was in a recession; the U.S. didn’t go into recession until 2008.

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Inventory Housing Market Marketing New Listings 525

Housing Wire

APRIL 15, 2022

We’ve all been wondering what 5% plus mortgage rates would do to the hot housing market, and now we’ve got that and a bag of chips. As a result, I’ve been rooting for mortgage rates to rise to create a balancing impact on this housing market. Have higher rates worked? What higher rates should accomplish.

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Housing Market Marketing Mortgage Inventory 511

Housing Wire

MAY 7, 2023

This proves that the mass supply growth we saw from 2005-2007 was due to credit stress, not because the economy was in a recession; the U.S. Even though the labor market is currently showing signs of getting softer , there is no job-loss recession yet. Mortgage rates in a regular market should be 5.25% today but are at 6.5%.

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Inventory Housing Market Marketing New Listings 505

Housing Wire

MAY 14, 2023

The rise of active listings in this spring housing market reminds me of a zombie slowly rising from its grave. Yes, we found the seasonal bottom for housing inventory on April 14, but this year’s rise in active listings has been tepid at best. Can you imagine the housing market at that point?

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Housing Wire

SEPTEMBER 22, 2020

housing market and compare those to where we are today — in the middle of one of the most epic years in our country’s history, due to COVID-19. No doubt about it, the COVID crisis has taken some juice out of the 2020 housing market. The February housing data, pre-COVID, was juicy indeed.

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Housing Wire

MARCH 18, 2024

For agents navigating and servicing the American housing market , acknowledging its profound evolution over recent decades is crucial. Looking back to the 2005 and 2006 real estate peak, lofty home prices reached a then staggering-sounding high of $230,200 in July 2006. year-over-year increase to 70,829.

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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?

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Housing Market Marketing New Listings Contracts 385

Housing Wire

DECEMBER 20, 2022

Traditionally, housing starts, permits, and completions would move together, like what we saw in 2002-2005. In the chart below you can see more evidence of the housing recession; permits are falling as expected with demand getting weaker. From 2002-2005 it was a steady rise to the top of the housing bubble, and then it burst.

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Housing Wire

NOVEMBER 16, 2020

According to multiple real estate agents and mortgage brokers, low interest rates and a high percentage of “essential” jobs in their town has kept the housing market and local economy strong. rise in houses sold in the same timeframe – from 670 to 940. rise in houses sold in the same timeframe – from 670 to 940.

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Housing Market Real Estate Agent Marketing Real Estate 448

Housing Wire

APRIL 8, 2022

In time, markets always find balance and balance is a good thing. But, that doesn’t mean housing is going to crash. I set a specific home-price growth model for the years 2020-2024 that said if home prices only grew at 23% during this five-year period, the housing market would still be OK, given wage growth.

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Housing Wire

MARCH 28, 2022

Due to this reality, I have downgraded the housing market from unhealthy housing to a savagely unhealthy housing market. For now, it’s ok, but this is one sector that people need to keep their eye out on because it’s tied to mortgage buyers more than the existing home sales market.

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Housing Market Marketing Supply Chain Inventory 370

Housing Wire

MARCH 30, 2023

With the banking crisis spurring more talk of a recession, the question now is: What would housing credit look like in a recession? housing market would crash during the pandemic. One of the main reasons for that fear was that housing credit was about to get tight, meaning fewer people could buy homes with mortgages.

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Housing Market Mortgage Law Marketing 539

Housing Wire

MARCH 12, 2023

Last week was wild, and not just for the housing market. This assumes the spreads are wide as the mortgage back securities market is still very stressed. Do they even want to risk more stress in the markets? We also have two housing reports: the builder’s confidence and housing starts this week.

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Housing Market Mortgage Marketing Inventory 370

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.

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Housing Wire

MAY 26, 2022

It’s an excellent time to discuss housing inventory. The housing market shifted in March of this year. As the 10-year yield broke above 1.94% and mortgage rates rose, we saw the impact on housing data. Yes, crazy to think, but this is a survey trend data line, and the housing market was in free-fall at that time.

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Inventory Housing Market Construction Marketing 526

Housing Wire

NOVEMBER 20, 2024

The 2024 housing market is shaping out to be one of the slowest in recent memory, but what can the industry expect in 2025? HousingWire Lead Analyst Logan Mohtashami and Altos Research Founder Mike Simonsen have compiled a comprehensive forecast for the 2025 housing market.

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Housing Wire

MARCH 31, 2022

The Dallas Fed on Thursday published an article titled: Real-Time Market Monitoring Finds Signs Of a Brewing U.S. Housing Bubble. The online reaction was immediate — housing must be about to crash. I’m going to take their talking points and explain in detail why this isn’t the housing bubble of 2002-2005. “

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Housing Market Inventory Lending Marketing 532

Housing Wire

AUGUST 21, 2020

Let’s just say this is the final nail in the coffin for the housing bear troll camps that were so sure that this time, housing would finally crash. COVID didn’t get the housing market, but it did pull a fast one on those pesky bears. We saw hints of a flourishing housing market prior to the COVID crisis.

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Housing Market Mortgage Buyers Marketing 544

Housing Wire

NOVEMBER 10, 2022

It goes to show what the failure to build enough homes from 2006 to the present combined with ultra-low, unrealistic mortgage rates and massive amounts of fiscal stimulus can do to the housing market. This is something that housing industry leaders should be thinking about — carefully. The history of housing.

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Housing Wire

NOVEMBER 17, 2020

trillion in 2005 — but sees refinances decreasing to $971 billion. The housing market has seen a meaningful rebound since the onset of the pandemic,” said Mike Fratantoni, MBA chief economist. The Simple Secret to Maximizing Profitability in a High Volume Market. trillion, the highest since 2005. by Q4 2021.

Mortgage 542

Mortgage Housing Market Marketing Real Estate 542

Housing Wire

MARCH 21, 2023

Because housing data and all economics are so violent lately, we created the weekly Housing Market Tracker , which is designed to look forward, not backward. This is the wild housing action I have talked about for some time and why the Housing Market Tracker becomes helpful in understanding this data.

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Housing Wire

JULY 29, 2021

May’s 8% increase was the highest jump for that month since 2005, according to NAR. The “seesaw” nature of pending home sales could indicate a turning point for the housing market, according to Lawrence Yun, NAR chief economist. ” Yun said he expects the 30-year fixed mortgage rate to increase to 3.3%

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Marketing Buyers Realtors Real Estate 468

Housing Wire

NOVEMBER 29, 2024

Census Bureau data to analyze housing inventory changes across 489 cities between 2005 and 2023. StorageCafe categorized inventory changes by housing type — including single-family, multifamily, middle housing, mobile homes, boats, RVs and vans. ” Nationally, middle housing grew by 11.3% The report used U.S.

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Housing Wire

NOVEMBER 9, 2022

But I need to explain why this level has more in common with 2014 housing data than the credit stress markets of 2005-2008, and why you should care. Understanding this data line and what it is trying to tell you will be more valuable than erroneously thinking the market is crashing and we’ll see a wave of foreclosures.

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Housing Wire

JULY 1, 2021

Although low and stable mortgage rates have kept the housing market booming over recent months, a deterioration in affordability and for-sale inventory has led to a market slowdown.”. For some economists, rising rates are the better option for counterbalancing the market.

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Mortgage Housing Market Realtors Inventory 511

Housing Wire

JANUARY 6, 2021

While we may be ready to firmly plant our feet in 2021, we shouldn’t leave the past 12 months behind without taking a critical look at how the COVID-19 pandemic has impacted the housing market, and how it will pave the way for 2021 and beyond.

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