Housing Wire

MAY 2, 2023

The housing market functions differently than other markets because it can be characterized as a heterogeneous, thinly traded, illiquid market. In other words, it’s a diverse market with a wide variety of different homes of varying ages and levels of repair, and sales happen very rarely. The result is fewer sales.

Housing Market 387

Housing Market Marketing Sellers Inventory 387

Housing Wire

JANUARY 25, 2023

This article is part of our 2022 – 2023 Housing Market Update series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Housing Market Update. in December 2022, its highest level since 2007 and its fastest rise in more than 40 years. We can also expect low housing demand, which favors buyers.

Housing Market 452

Housing Market Marketing Inventory Sellers 452

Housing Wire

NOVEMBER 19, 2020

Days on market fell from 36 days to 21 days on a year-over-year basis. Cash buyers remain at a historically high level of 19%, the same as last year, while sales grew 26.6% The housing market is hot. You may be told that future moderation indicates “cracks in the housing market, but don’t buy into it.

Housing Market 545

Housing Market Marketing Inventory Buyers 545

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.

Housing Market 525

Housing Market Marketing Inventory Realtors 525

Housing Wire

DECEMBER 7, 2022

Since they were distressed forced sellers, inventory skyrocketed in 2006 and stayed very elevated in 2007 and 2008. million, the equilibrium balance between a buyer and seller marketplace that has been here for four decades. Since 2013 I have said that mortgage rates over 5.875% would be problematic to housing.

Housing Market 543

Housing Market Mortgage Marketing Inventory 543

Housing Wire

JANUARY 16, 2023

The weekly data shows some good news for the housing market ! With mortgage rates also falling, I am hopeful that more people will list their homes and buy another, so we can get back to a more functional housing market. But after this week’s report, we should have a low-level base formed for housing to stabilize.

Inventory 534

Inventory Housing Market Marketing Mortgage 534

Housing Wire

JANUARY 18, 2023

Builders feel more confident in the market, housing inventory data is positive and buyer demand for mortgages has increased — but don’t be fooled. You need a buyer and seller,” Brown said. mortgage insurance market in 2023 to deteriorate. Fitch Ratings also expects the outlook for the U.S.

Housing Market 456

Housing Market Marketing Insurance Mortgage 456

Housing Wire

NOVEMBER 18, 2022

That’s the largest year over year existing home sales decrease since 2007. The impact is greater in expensive areas of the country and in markets that witnessed significant home price gains in recent years.”. Both a pullback in demand and limited supply remain vexing problems for the housing market. year over year.

Housing Market 431

Housing Market Marketing Inventory New Listings 431

Housing Wire

JUNE 25, 2023

The affordability hit with higher mortgage rates has impacted new listings data since most sellers are buyers, thus facilitating an all-time low in new listings data. More importantly, it showed that the days on market dropped back to the teenager level, which means we are once again in a savagely unhealthy housing market.

Inventory 435

Inventory Housing Market Marketing New Listings 435

Housing Wire

APRIL 8, 2022

One of the reasons that I moved into the “team higher mortgage rate” camp is that what I saw in January, February, and March of this year was so unhealthy that I labeled the housing market savagely unhealthy. million — once that happens, I can take the unhealthy label off the housing market.

Housing Market 417

Housing Market Marketing Inventory Lending 417

Housing Wire

APRIL 18, 2024

This is a byproduct of the qualified mortgage rule of 2010, which has been a game-changer not only for the housing market but for the overall U.S. NAR: Total housing inventory registered at the end of March was 1.11 million active listings per the last report, we have 526,000 per our last Housing Market Tracker article.

Inventory 499

Inventory Housing Market New Listings Marketing 499

Housing Wire

AUGUST 22, 2024

I don’t see anything in our Housing Market Tracker data that would warrant any big beats in future home sales prints. The housing bubble peaked in 2007 at 4 million so with our current level at 1.33 When people were expecting a negative print, they got a positive one. million, we aren’t back to normal levels yet.

Inventory 473

Inventory Housing Market Marketing Investors 473

Housing Wire

MAY 3, 2024

As the spring selling season kicks off, many educated sellers know that buyers are experiencing spring fever and are tired of sitting on the fence watching home prices increase. Serious buyers showed discernment as they know inventory is growing. Difficult inspections have been on the rise over the last few months. With only 1.3

Inventory 358

Inventory Lending Inspection Real Estate 358

Housing Wire

MAY 8, 2024

Since most sellers are buyers, inventory should be stable if demand is stable. million, currently at 1,110,000 As you can see above, inventory grew at a healthy clip in previous decades and then had a parabolic run higher in 2006 and 2007 when active inventory reached 4 million. Demographics also play a role here.

Inventory 478

Inventory Law New Listings Sellers 478

Appraisal Buzz

JULY 8, 2024

“The latest affordability data presents a clear challenge for home buyers,” says Rob Barber, CEO for ATTOM, in the report. It’s common for these trends to intensify during the spring buying season when buyer demand increases. The report shows that major expenses on median-priced homes consumed 35.1% quarterly and 4.7%

Property Taxes 195

Property Taxes Buyers Insurance Lending 195

Housing Wire

MARCH 23, 2023

However, with active listings now near all-time lows, the builders’ new homes still have more value in the housing market than what we saw in previous decades. Back in 2007 — after existing home sales got as low as we have seen in the recent data as the chart below shows — total active listings were above 4 million.

Inventory 538

Inventory Housing Market Construction Marketing 538

Housing Wire

DECEMBER 21, 2022

On Wednesday, existing home sales collapsed near the lows we saw during COVID-19 and back in 2007 when the housing bubble burst. In addition, this is the fourth straight month of inventory declining, while days on the market are growingl! Plus, available housing inventory remains near historic lows.”

Inventory 519

Inventory New Listings Housing Market Sellers 519

Appraisal Buzz

JULY 29, 2024

Compared to ARMs, FRMs are now more common after the 2007 housing market crashed. Buyers who choose ARMs over FRMs typically save more money each month on the initial payment, particularly on larger loans because ARMs have lower initial interest rates. Examining ARMS Across U.S.

Mortgage 360

Mortgage Retail Housing Market Buyers 360

Housing Wire

MARCH 21, 2024

This is why we created the housing market tracker articles to keep everyone versed in forward-looking demand and the forward-looking demand was getting better as mortgage rates fell from 8% to below 7%. In 2007, they were 4 million. What I love about this data is that the days on the market are over 30 days.

Inventory 482

Inventory Housing Market Mortgage Marketing 482

Housing Wire

JUNE 7, 2022

” “Higher priced” homes in hot housing markets in cities such as Los Angeles, Palm Beach and Phoenix are also increasingly in short supply, the report’s authors found. Prior to 2020, “higher priced homes” was generally considered to be anything over $1 million.

Inventory 448

Inventory Housing Market Investors Sellers 448

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 491

Inventory Marketing Housing Market New Listings 491

Housing Wire

MAY 4, 2022

This article is part of our housing market economic update series. At the end of this series, you can join us on May 10 for a Housing Market Update webinar. Homes that reach the market sell quickly, bidding wars are the new normal and the investor share of sales continues to rise.

Housing Market 363

Housing Market Finance Marketing Mortgage 363

Housing Wire

FEBRUARY 16, 2023

They have less competition as they are working from low sales levels in today’s housing market. 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.

Construction 492

Construction Housing Market Inventory Marketing 492

Housing Wire

MAY 14, 2021

Not to mention, during the 2007 housing market crash, some had just bought their first homes and unfortunately, lost their homes during the crash. It took a while for the housing market to bounce back. But that’s not the only reason this generation is shopping for their dream home now.

Housing Market 544

Housing Market Marketing Buyers Real Estate 544

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.

Inventory 510

Inventory Housing Market Construction Marketing 510

Housing Wire

DECEMBER 19, 2022

Affordable housing prices combined with a vibrant history and a thriving culinary scene have certainly made Derby City a popular destination for homebuyers. However, even Louisville’s active housing market has slowed down recently. “I Also helping buyers is an increase in housing inventory, Ridenour Lindsey said. “It

Marketing 368

Marketing Inventory Buyers Housing Market 368

Housing Wire

JANUARY 27, 2023

What is happening with homebuilders and the new home sales sector as we head into the spring housing market ? The builders don’t like to see supply of existing homes growing for fear that their buyers might cancel on them. We have had some conflicting data points recently. On the one hand, cancelation rates have been rising.

Mortgage 538

Mortgage Construction Buyers Inventory 538

Housing Wire

APRIL 20, 2023

As we can see in the data below, the days on the market fell back down to 29 days. As we can see below, from 2000, total active housing inventory rose from 2 million to 2.5 million before we saw the massive stress spike in supply from 2005 to 2007. I am hoping that it doesn’t go lower than this. from March 2022 ($379,300).

Inventory 528

Inventory Housing Market Marketing New Listings 528

Will Springer Realtor

OCTOBER 15, 2024

Now that the Federal Reserve has cut interest rates, home buyers should swarm the market with low-interest mortgages …. Yes, there are signs of greater real estate activity in Seattle/King County since the Fed trimmed its short-term rate by a half-percent, but Americans are not swarming the market in a purchasing frenzy.

Housing Market 69

Housing Market Marketing Construction Buyers 69

Birmingham Appraisal

JANUARY 11, 2023

A Look At The Housing Market in 2022. Over the past three years, the real estate market has seen unprecedented milestones. From record-high sale prices to record-low inventory, the market has shown us that just when we think we know what will happen it will show us something different. Sales Volume in December.

Housing Market 87

Housing Market Marketing Inventory Sellers 87

Housing Wire

AUGUST 18, 2021

Housing starts in the U.S. in July compared to the prior month, an indication that construction supply lines are still choked and near record-high home prices are shutting out scores of buyers. “There are now almost 690,000 single-family homes under construction – the largest number since 2007. million units. .

Supply Chain 505

Supply Chain Construction Inventory Buyers 505

Housing Wire

SEPTEMBER 13, 2022

housing market that have 2019 inventory levels or higher are off my savagely unhealthy housing market list; those areas see effective pricing as demand gets weaker. Traditionally speaking, post-2012, inventory growth came in years where demand was weaker from mortgage buyers: 2014 and 2022. The parts of the U.S.

Mortgage 523

Mortgage Inventory New Listings Sellers 523

Housing Wire

APRIL 9, 2021

“First-generation buyers who do buy homes often take on greater debt to do so or delay homeownership for years, making it difficult for homeowners of color to build wealth at the same pace as white homeowners,” said Jung Choi, a senior research associate with the Housing Finance Policy Center. Presented by: Citibank.

Finance 468

Finance Housing Market Buyers Mortgage 468

Housing Wire

OCTOBER 27, 2020

“By some measures, home prices are rising at a faster pace than they ever have – an incredible feat considering the market is rising from an already elevated level. Census Bureau. Presented by: Sutherland.

Technology 531

Technology Housing Market Investing Mortgage 531

Housing Wire

APRIL 2, 2021

“The prime-age labor force participation rate fell in the aftermath of the Great Recession and it took a decade to return to the pre-Great Recession average (2001-2007) of 83%,” Kushi said. For housing, March gained 110,000 jobs in construction – a positive sign in an industry struggling with supply constraints.

Inventory 513

Inventory Construction Housing Market Business 513

Housing Wire

JUNE 16, 2021

The total number of homes under construction increased 1.2% — the 12th consecutive monthly increase and its highest level since 2007. How real estate agents can alleviate consumer pain points in a tight market. But single-family completions were at a rate of just 978,000, down 2.6%.

Real Estate Agent 493

Real Estate Agent Construction Real Estate Inventory 493

Housing Wire

DECEMBER 29, 2020

Craig Lazzara, managing director and global head of Index Investment Strategy at S&P Dow Jones Indices, said that it’s likely COVID-19 has pushed buyers to move from urban apartments to suburban homes. Single-family housing starts saw their highest gain since 2007 in November, according to the U.S. respectively.

Construction 543

Construction Buyers Realtors Inventory 543