Housing Wire

JUNE 21, 2024

Both existing housing inventory and home prices have been rising together year over year, which might seem odd at first glance since existing home sales are trending near all-time lows. Let’s keep it simple: total active listings are still below 2019 levels nationally, and the days on market are under 30 days today.

Inventory 482

Inventory Housing Market New Listings Contracts 482

Housing Wire

NOVEMBER 18, 2022

The National Association of Realtors (NAR) reported today on two trends in existing home sales that we have seen for many months now: sales are declining while total inventory data has fallen directly for the three straight months. Total housing inventory fell in this report, the third report in a row that shows total inventory has decreased.

Inventory 493

Inventory Marketing Housing Market New Listings 493

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. Inventory levels broke to all-time lows and thus created massive housing inflation quickly, which broke my model. New listing data is down 5% year to date, as you can imagine.

New Listings 508

New Listings Inventory Housing Market Sellers 508

Housing Wire

DECEMBER 21, 2022

In addition, this is the fourth straight month of inventory declining, while days on the market are growingl! “The principal factor was the rapid increase in mortgage rates, which hurt housing affordability and reduced incentives for homeowners to list their homes. . Plus, available housing inventory remains near historic lows.”

Inventory 531

Inventory New Listings Housing Market Sellers 531

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 Housing inventory issue with no booming demand.

Inventory 397

Inventory New Listings Law Housing Market 397

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. This doesn’t appear to be the case for 2023. million.

Housing Market 488

Housing Market Marketing Inventory New Listings 488

Housing Wire

DECEMBER 7, 2022

As you can see from the chart above, the last several years have not had the FOMO (fear of missing out) housing credit boom we saw from 2002-2005. What I mean by a credit bust is that after the housing bubble burst in 2005 into 2006, we saw a massive increase in supply. Total inventory levels. NAR: Total Inventory levels 1.22

Housing Market 544

Housing Market Mortgage Marketing Inventory 544

Housing Wire

OCTOBER 11, 2022

Inventory, which has been falling for years, broke to all-time lows in 2020. We didn’t have a seasonal push in inventory in 2020, and things worsened in 2021. Of course, this has brought back some inventory, as demand weakness always creates inventory through accumulation. million active listings, but at just 1.28

Sellers 514

Sellers Inventory Housing Market New Listings 514

Housing Wire

JUNE 22, 2023

I first used the term savagely unhealthy in March of 2022 because we had solid demand while inventory was at all-time lows. Credit channels and inventory channels both changed after 2010 because of the qualified mortgage laws and the 2005 bankruptcy reform laws. Unsold inventory sits at a 3.0-month million units, up 3.8%

Housing Market 526

Housing Market Marketing Inventory Law 526

Housing Wire

FEBRUARY 24, 2023

If sales are working from an elevated number, like what we saw from 2003-2005, it’s a different subject altogether. Homebuilders’ for-sale inventory and months’ supply The seasonally-adjusted estimate of new houses for sale at the end of January was 439,000. However, this isn’t how inventory grows in America.

Inventory 501

Inventory Construction Housing Market Mortgage 501

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. Housing Inventory. Home price s. million in 2023.

Housing Market 543

Housing Market Marketing Inventory New Listings 543

Housing Wire

MARCH 12, 2023

Weekly inventory fell by 6201 , and new listing data is down noticeably from last year, which was different than last week. The 10-year yield, already at a key critical level, couldn’t break higher but reversed and went lower Friday after the jobs report and the news around Silicon Valley Bank. million in 2023.

Housing Market 370

Housing Market Mortgage Marketing Inventory 370

Housing Wire

FEBRUARY 16, 2023

However, the glaring difference today versus the recession of 2008, is that in 2007 the builders had to deal with over 4 million active listings as competition for their pricey new homes. Just look at the chart below and how bad credit looked from 2005 to 2008, then the job loss recession happened.

Construction 526

Construction Housing Market Inventory Mortgage 526

Housing Wire

NOVEMBER 16, 2020

Moreover, 30% of El Paso shoppers are looking at local homes from out-of-state, with top views coming from New York, Albuquerque, and Los Angeles.”. A Redfin statistical study of the El Paso housing market showed a 2% year-over year rise in new listings (936 from September 2019 to 956 in September 2020) and a gigantic 40.3%

Housing Market 448

Housing Market Marketing Real Estate Agent Real Estate 448

Lamacchia Realty

APRIL 7, 2025

Market adversity is showing up clearly: inventory of both single families and condos is rising due to an uptick in listings, while pending and closed sales are dropping. As closed sales follow pending sales, this is the predominant reason why inventory is rising. It will also cost you.

Bracketing 36

Bracketing Realty Contracts Inventory 36

Lamacchia Realty

JANUARY 25, 2024

2023 was a notable year in real estate history, but if we had to put our finger on what stood out, it was how the number of homes listed was the lowest in over two decades. It kept inventory down, which propped up prices, but sales are down nearly 22%, and buyers are hungry. A lot of it had to do with anemic inventory.

Inventory 78

Inventory Sellers Contracts Buyers 78

Lamacchia Realty

JANUARY 29, 2025

In 2024, the Massachusetts real estate market saw slightly more sales and higher prices than 2023, reflecting national trends driven by strong demand and limited inventory. The number of homes listed increased by 7.7% 2024 was the third lowest number of homes sales since 2005, only slightly higher than 2023.

Inventory 64

Inventory Sellers Real Estate Buyers 64

Housing Wire

OCTOBER 23, 2024

To get a real price crash, we would need to see a surge of housing inventory and distressed sellers. As you will see below, inventory is growing, but it’s been a calm, healthy rise in 2024, not a flood of houses coming onto the market. Using the NAR data, the normal amount of active inventory since 1982 has been between 2 and 2.5

Mortgage 497

Mortgage Inventory New Listings Sellers 497

Lamacchia Realty

JANUARY 29, 2025

In 2024, the New Hampshire real estate market experienced slightly more sales and higher prices compared to 2023, aligning with national trends fueled by strong demand and constrained inventory. Sales Rise by 4% Sales in New Hampshire increased from 16,317 in 2023 to 16,968 at the end of 2024 651 more sales year over year.

Inventory 56

Inventory Sellers Buyers Real Estate 56

Lamacchia Realty

OCTOBER 17, 2024

Inventory of homes listed reached a record low by July of 2023 , and mortgage rates increased dramatically, diminishing buyer affordability. Now in 2024, the inventory of homes has been steadily rising, but mortgage rates have recently dipped, so the real estate landscape is still readjusting itself from the frenzied pandemic market.

Bracketing 74

Bracketing Marketing Sellers Buyers 74

Lamacchia Realty

JANUARY 28, 2022

The drop in early 2020 sales due to low winter inventory and then the pandemic made it easier for 2021 to outperform in that time frame. Homes Listed – All of NH. New listings in 2021 followed a less treacherous trendline in 2021 than 2020 but still couldn’t quite keep up with pre-pandemic markets. and by 23.5%

Contracts 45

Contracts Buyers Inventory Real Estate 45

Lamacchia Realty

APRIL 7, 2025

Market adversity is showing up clearly: inventory of both single families and condos is rising due to an uptick in listings, while pending and closed sales are dropping. As closed sales follow pending sales, this is the predominant reason why inventory is rising. It will also cost you.

Bracketing 36

Bracketing Sellers Realty Contracts 36

Appraisal Today

JUNE 21, 2024

Developed over time with the guidance of prominent designer John Saladino initially and then later with the legendary architect Peter Marino who reimagined the structure back in 2005 and oversaw a 10,000 square foot addition to the house. MORE INVENTORY IS CHANGING THE VIBE: We are no longer at pandemic lows.

Appraisal 78

Appraisal Architecture Contracts Design 78

Housing Wire

MAY 30, 2023

Inventory is still near record lows The easiest economic discussion right now is the housing inventory story in the U.S. People claim inventory isn’t low because “shadow inventory” is on the verge of adding millions of homes into the marketplace any second now. and that it’s historically low.

Inventory 497

Inventory Housing Market New Listings Marketing 497

Housing Wire

NOVEMBER 2, 2024

Home prices have remained firm over the last two months, even with higher mortgage rates and inventory data. They misread the price cut percentage and rising inventory data to mean that national home prices had to fall a lot this year. You can have rising inventory, increasing sales and rising prices.

Inventory 516

Inventory New Listings Mortgage Contracts 516