Housing Wire

AUGUST 30, 2022

However, we haven’t had a credit sales boom like the one we saw from 2002-2005. Total Inventory had been growing from 2001-2005; total listings data in 2005 was at the higher historical range of 2.5 million listings. Today, we stand at 1,310,000 active listings. New listings are declining now.

Inventory 397

Inventory New Listings Law Housing Market 397

Housing Wire

MARCH 12, 2023

Mortgage rates fell even though the jobs report was stronger than anticipated. They reversed their bearish take on bonds, and people started to buy the 10-year yield, causing mortgage rates to fall. As a result, mortgage rates, which climbed as high as 7.05% last week, fell to a low of 6.76% on Friday. million in 2023.

Housing Market 370

Housing Market Mortgage Marketing Inventory 370

Housing Wire

JANUARY 20, 2023

From NAR : “December was another difficult month for buyers, who continue to face limited inventory and high mortgage rates ,” said NAR Chief Economist Lawrence Yun. However, expect sales to pick up again soon since mortgage rates have markedly declined after peaking late last year.” During that period, we saw new listing data decline.

Inventory 541

Inventory Housing Market New Listings Marketing 541

Housing Wire

APRIL 30, 2023

The spring housing market music is playing, and purchase application data and active listing inventory rose together last week. The other focus should be where mortgage rates go; only a little happened last week. In 2007, when sales were down big, total active listings peaked at over 4 million.

Inventory 525

Inventory Housing Market Marketing New Listings 525

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. We had a lot of drama over the week between Federal Reserve meetings and banking stress, and mortgage rates and purchase applications both fell.

Inventory 505

Inventory Housing Market Marketing New Listings 505

Housing Wire

MAY 14, 2023

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. Here’s a quick rundown of the last week: Total active listings grew 662 weekly, and new listing data is still trending at all-time lows. This doesn’t appear to be the case for 2023.

Housing Market 488

Housing Market Marketing Inventory New Listings 488

Housing Wire

JULY 3, 2024

Today’s housing market suffers from affordability issues due to mortgage rates in the 7s and high home prices. But since we have such low active listings today, even with 2024 being another year of low home sales, the days on the market are still under 30 days, which means homes that are priced right are selling quickly.

Housing Market 385

Housing Market Marketing New Listings Contracts 385

Housing Wire

FEBRUARY 24, 2023

While the homebuilders weren’t surprised by the better-than-estimated new home sales report released Friday, some people were a bit shocked. 9 up until the early part of February as mortgage rates fell from 7.37% to 5.99%. To combat higher mortgage rates, builders have been cutting prices and buying down rates to move product.

Inventory 501

Inventory Construction Housing Market Mortgage 501

Housing Wire

JUNE 21, 2024

Existing home sales When mortgage rates started to rise earlier this year, existing home sales trended lower. As you can see in our new listing data, we are showing growth. However, if mortgage rates went lower and stayed lower, everyone would be selling more homes today. The inventory of unsold existing homes grew 6.7%

Inventory 482

Inventory Housing Market New Listings Contracts 482

Housing Wire

NOVEMBER 18, 2022

As mortgage rates rose more and more, the October to January data was going to show big negative prints. Seasonal impacts are the norm with housing, and new listing data is negative 6% year to date. We saw new listing data decline when rates got to 6.25% the first time. NAR lists the current inventory at 1.22

Inventory 493

Inventory Marketing Housing Market New Listings 493

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. Mortgage rates. So where does all that drama leave us for 2023?

Housing Market 543

Housing Market Marketing Inventory New Listings 543

Housing Wire

OCTOBER 11, 2022

To top it all off, we started 2022 at all-time lows, forcing bidding action everywhere until mortgage rates rose. And we aren’t talking about your grandfather’s mortgage rates rising; we went from 2.5% However, with price growth and mortgage rates skyrocketing, the hit to affordability is historic. Currently, we are at 3.2

Sellers 514

Sellers Inventory Housing Market New Listings 514

Housing Wire

JUNE 22, 2023

Credit channels and inventory channels both changed after 2010 because of the qualified mortgage laws and the 2005 bankruptcy reform laws. Once mortgage rates rise in this environment, it can lead to big-time demand destruction, which is what has happened. million would mean much better mortgage demand. million in May.

Housing Market 526

Housing Market Marketing Inventory Law 526

Housing Wire

FEBRUARY 16, 2023

The truth is that if mortgage rates fell below 5.875% and kept going lower, everyone’s housing predictions would need to be revised this year because the builders can sell their homes with lower mortgage rates. economy isn’t in recession today, and mortgage rates have risen almost 1% from the recent lows.

Construction 526

Construction Housing Market Inventory Marketing 526

Housing Wire

APRIL 20, 2023

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. We have a workable range for 2023 sales in the existing home sales market between 4 million and 4.6

Inventory 531

Inventory Housing Market Marketing New Listings 531

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. 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.”.

Housing Market 448

Housing Market Marketing Real Estate Agent Real Estate 448

Lamacchia Realty

JANUARY 25, 2024

With rates trying to reach equilibrium after their nosedive in 2020, everyone has had to accept that pandemic-era rates are a thing of the past and therefore higher monthly mortgage payments are here to stay. 2023 produced the lowest number of home sales since 2005 with the exception of 2011. Will the 2024 Real Estate Market Improve?

Inventory 73

Inventory Sellers Contracts Buyers 73

Housing Wire

OCTOBER 23, 2024

Why are home prices still rising even as mortgage rates have gone higher? A number of people predicted that home prices would experience a steep drop as mortgage rates rose, but that’s not what has happened. This is not a new idea — I’ve been dealing with people predicting a housing crash since 2012.

Mortgage 497

Mortgage Inventory New Listings Sellers 497

Appraisal Today

JUNE 21, 2024

Appraisers Riding the Waves of Up and Down Mortgage Rates Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! We are seeing more new listings across the country, and it’s something we’re also seeing locally.

Appraisal 71

Appraisal Architecture Contracts Design 71

Lamacchia Realty

JANUARY 28, 2022

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. decrease in the state of New Hampshire brought listings to 27,131 from 28,127 the previous year. Cheshire moved 15.8% from $273,641 to $316,801.

Contracts 45

Contracts Buyers Inventory Real Estate 45

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 69

Bracketing Marketing Sellers Buyers 69

Housing Wire

MAY 30, 2023

NAR total inventory since 1982: I prefer the Altos Research weekly single-family data to the NAR data because it gives us a fresh look at not only active listing data but new listing data. The Altos Research new listing data is essential in tracking the supply aspect of housing, which is why I include it as part of the Tracker.

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. 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. I have long believed that it’s rare in the U.S.

Inventory 516

Inventory New Listings Mortgage Contracts 516