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. However, one thing is for sure, housing is not going to crash due to large-scale panic-selling — a scare tactic of late 2021 that didn’t work then or now.

Inventory 505

Inventory Housing Market Marketing New Listings 505

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.

New Listings 508

New Listings Inventory Housing Market Sellers 508

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. The post Why is the El Paso housing market so hot right now?

Housing Market 448

Housing Market Marketing Real Estate Agent Real Estate 448

Housing Wire

DECEMBER 21, 2022

We have had two historic events that created a waterfall dive in demand recently; we now have precise data showing new listing data declining with those events, which shows how important that data line is to housing demand. This is the biggest story in housing. . economic history. . As we can see below, the U.S.

Inventory 531

Inventory New Listings Housing Market Sellers 531

Housing Wire

MARCH 12, 2023

Last week was wild, and not just for the housing market. Weekly inventory fell by 6201 , and new listing data is down noticeably from last year, which was different than last week. Inventory grew during the housing bubble years because housing credit was much looser back then, and people could move more freely.

Housing Market 370

Housing Market Mortgage Marketing Inventory 370

Housing Wire

MAY 8, 2024

You can see the drastic change this made in the Mortgage Bankers Association Credit Availability index , below, which skyrocketed in 2005 and 2006 before an epic collapse in 2008. On top of more legitimate buyers, we fixed the credit markets, meaning housing credit looks fantastic. Demographics also play a role here.

Inventory 518

Inventory Law New Listings Sellers 518

Housing Wire

JANUARY 20, 2023

housing market , we just experienced an event that most people never thought could happen. The Federal Reserve wanted a housing reset , and it got a housing recession, with activity falling the fastest since the brief pause during COVID-19. During that period, we saw new listing data decline.

Inventory 541

Inventory Housing Market New Listings Marketing 541

Housing Wire

AUGUST 30, 2022

While the growth rate is cooling monthly, we are still in a savagely unhhealthy housing market trying to get national inventory levels back to pre-COVID-19 levels. From the index : I know it seems strange, but existing home sales are falling, and the monthly supply of new homes is at 10.9 million listings. From Redfin.

Inventory 397

Inventory New Listings Law Housing Market 397

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 493

Inventory Marketing Housing Market New Listings 493

Housing Wire

JUNE 21, 2024

As you can see in our new listing data, we are showing growth. The existing home sales print is catching up to our data, and this, to me, is the best story for housing in 2024 because when the housing market was savagely unhealthy in 2022, the NAR total active listings data was below 1 million.

Inventory 482

Inventory Housing Market New Listings Contracts 482

Housing Wire

OCTOBER 11, 2022

There’s a showdown at the housing market corral between homebuyers and sellers. When I came up with the “ savagely unhealthy housing market ” label in February of this year, it was based on the premise that the housing inflation story that we have had to deal with since 2020 was a historical event.

Sellers 514

Sellers Inventory Housing Market New Listings 514

Housing Wire

FEBRUARY 24, 2023

Just like in the existing home sales market, when sales are low, anything positive on the rate side can move the market in a positive direction. This goes into my low housing bar theme for 2023 and why we need context with sales data. To get more inventory you need more Americans to list their homes.

Inventory 501

Inventory Construction Housing Market Mortgage 501

Housing Wire

NOVEMBER 15, 2024

The credit markets were toxic back then, featuring loans with big recast payments which meant that you could have two people working full-time and still be at a credit risk. As you can see in the chart below, the credit markets broke in 2005, 2006, 2007 and 2008, and then the job-loss recession of 2008 started, which made things much worse.

New Listings 521

New Listings Sellers Mortgage Law 521

Housing Wire

APRIL 20, 2023

We have a workable range for 2023 sales in the existing home sales market between 4 million and 4.6 If we are trending below 4 million — a possibility with new listing data trending at all-time lows — then we have much weaker demand than people think. million before we saw the massive stress spike in supply from 2005 to 2007.

Inventory 531

Inventory Housing Market Marketing New Listings 531

Housing Wire

FEBRUARY 16, 2023

Looking at the latest NAHB/Wells Fargo homebuilder confidence data and builder stock prices, I can say the homebuilders got very lucky this time around in the middle of a housing recession. They have less competition as they are working from low sales levels in today’s housing market.

Construction 526

Construction Housing Market Inventory Marketing 526

Housing Wire

OCTOBER 23, 2024

Where I disagree with Yun is this: We have more inventory because demand has been softer, and we have more new listings this year compared to last. Inventory is growing, and home price growth is cooling down from the savagely unhealthy housing market of 2021 and early 2022, but it is not enough to crash home prices nationally.

Mortgage 497

Mortgage Inventory New Listings Sellers 497

Housing Wire

MAY 30, 2023

On Tuesday the FHFA House Price Index hit an all-time high. In this article I’ll explain why this is happening and why we still have a savagely unhealthy housing market. The quick takeaway here is that total active listings in the U.S. This is also why we created the weekly Housing Market Tracker article.

Inventory 497

Inventory Housing Market New Listings Marketing 497

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.

Inventory 516

Inventory New Listings Mortgage Contracts 516