Housing Wire

JUNE 7, 2022

So few single-family homes are for sale in America that just two months of inventory is available across the top 100 metro areas in the country, a historic low. In Dallas, listings under $2 million have less than three months of inventory. Historically, it took these thin markets anywhere from six to 12 months to sell listed inventory.

Inventory 448

Inventory Housing Market Investors Sellers 448

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. The lack of available homes on the market is taking a toll on the marginal buyer who is feeling an affordability squeeze.

Inventory 514

Inventory Construction Housing Market Business 514

Housing Wire

JANUARY 16, 2023

Housing inventory increased by 1,339 homes nationwide. The weekly inventory data, which had fallen faster than I had anticipated the last few weeks, has now seen a slight uptick. As you can see below, the waterfall dive in existing home sales has taken us toward the level of 2007-2008 monthly home sales. million.

Inventory 534

Inventory Housing Market Marketing Mortgage 534

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.

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Inventory Marketing Housing Market New Listings 493

Housing Wire

JUNE 25, 2023

Summer is here, and housing inventory is finally growing! The spring housing inventory was like a zombie rising from the grave, very slow, but the summer is showing some promise and let’s hope it continues. Here’s a quick rundown of the last week: Active inventory grew 8,886 weekly.

Inventory 435

Inventory Housing Market Marketing New Listings 435

Housing Wire

SEPTEMBER 30, 2022

The latest weekly survey data from Freddie Mac shows the 30-year fixed-rate mortgage jumped 40 basis points to an average of 6.70% this week, the highest level since 2007. There is more inventory relative to demand, and deals can be found. A year ago at this time, rates averaged 3.01%. Not yet anyway.

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Buyers Mortgage Loan Officers Retail 482

Housing Wire

NOVEMBER 19, 2020

Cash buyers remain at a historically high level of 19%, the same as last year, while sales grew 26.6% Second, if the next existing home sales report misses expectations, you may be told that this is due to a lack of inventory. Unsold inventory sits at an all-time low 2.5-month Unsold inventory sits at an all-time low 2.5-month

Housing Market 545

Housing Market Marketing Inventory Buyers 545

Housing Wire

APRIL 18, 2024

Existing home sales fell in today’s report , which isn’t surprising, but one headline that shocked some people was that home prices are still up year over year, even with higher inventory and higher mortgage rates. Of course this isn’t the healthiest housing inventory story. million, and in 2007, it peaked at 4 million.

Inventory 505

Inventory Housing Market New Listings Buyers 505

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.” Housing inventory.

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Inventory New Listings Housing Market Sellers 531

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. Serious buyers showed discernment as they know inventory is growing.

Inventory 455

Inventory Lending Inspection Real Estate 455

Housing Wire

AUGUST 22, 2024

From NAR: Total housing inventory registered at the end of July was 1.33 Inventory is growing yearly and we are getting closer to a level where I can feel good about it via the NAR data, which differs from our own Altos Research data. If inventory can trend between 1.52-1.93 If inventory can trend between 1.52-1.93

Inventory 493

Inventory Housing Market Marketing Investors 493

Housing Wire

AUGUST 18, 2021

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. Housing starts in the U.S. million units. .

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Supply Chain Construction Inventory Buyers 505

Housing Wire

MARCH 21, 2024

We will be laser-focused on tracking the purchase application data in relationship to the 10-year yield and mortgage rates going out the rest of the year From NAR: Total housing inventory registered at the end of February was 1.07 In 2007, they were 4 million. million units, up 5.9% from January and 10.3% from one year ago (970,000).

Inventory 508

Inventory Housing Market Mortgage Marketing 508

Housing Wire

DECEMBER 29, 2020

Home prices have continued to increase this year as a result of low inventory and high demand for homes. 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. respectively.

Buyers 543

Buyers Construction Realtors Inventory 543

Housing Wire

SEPTEMBER 13, 2022

The premise of a mortgage rate lockdown is simple: so many American households have such low mortgage rates that some will never move once rates rise, which then locks up housing inventory. Typically we have a natural set of new listings each year; inventory rises in the spring and summer and then falls in the fall and winter.

Mortgage 525

Mortgage Inventory New Listings Sellers 525

Housing Wire

AUGUST 26, 2021

” Khater added that purchase application demand is improving, but very low inventory is the major obstacle to higher home sales. While borrowers weigh the benefits of refinancing their mortgage, in the purchase market, they still face rising prices and a lack of inventory. The lack of inventory is not expected to improve soon.

Mortgage 493

Mortgage Inventory Government Construction 493

Housing Wire

DECEMBER 29, 2022

Key thing to remember: A traditional seller is also usually a buyer. This now goes into a subject matter that is a striking difference between 2022 versus 2008: Inventory and Credit. Housing inventory. Total housing inventory today — using the NAR data — stands at 1.14

Housing Market 546

Housing Market Marketing Inventory Sellers 546

Housing Wire

DECEMBER 7, 2022

Since they were distressed forced sellers, inventory skyrocketed in 2006 and stayed very elevated in 2007 and 2008. Total inventory levels. NAR: Total Inventory levels 1.22 million Historically inventory levels range between 2 million and 2.5

Housing Market 544

Housing Market Mortgage Marketing Inventory 544

Housing Wire

MAY 19, 2022

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 were told that population growth is slowing, we were told that Americans would panic sell and that massive inventory would hit the marketplace once rates got to 4%. Wait, what? I use the 1.52-1.93

Housing Market 528

Housing Market Marketing Inventory Realtors 528

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. The severe lack of inventory in today’s housing market has been a source of stress for home buyers and real estate agents alike. Presented by: Move Sales.

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Real Estate Agent Construction Real Estate Inventory 493

Housing Wire

JANUARY 27, 2023

The builders don’t like to see supply of existing homes growing for fear that their buyers might cancel on them. The growth of supply means demand is getting weaker, which will require builders to give more incentives to buyers. Here’s the breakout: 71,000 new homes have been completed: 1.4 months of supply.

Mortgage 545

Mortgage Construction Buyers Inventory 545

Housing Wire

NOVEMBER 18, 2022

That’s the largest year over year existing home sales decrease since 2007. Total housing inventory at the end of October was 1.22 Unsold inventory sits at a 3.3-month Inventory levels are still tight, which is why some homes for sale are still receiving multiple offers,” Yun said. .” year over year.

Housing Market 448

Housing Market Marketing Inventory New Listings 448

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. However, to my first point, the builders are lucky that total housing inventory is near all-time lows because this means their product holds more value.

Construction 526

Construction Housing Market Inventory Mortgage 526

Housing Wire

DECEMBER 19, 2022

This trend has made it easier for buyers with financing and other contingencies to purchase a home. Also helping buyers is an increase in housing inventory, Ridenour Lindsey said. “It It is hard to tell if more homes are being listed or if things are just sitting a bit longer, but there is definitely more inventory,” she said.

Marketing 434

Marketing Inventory Buyers Housing Market 434

Housing Wire

JANUARY 25, 2023

in December 2022, its highest level since 2007 and its fastest rise in more than 40 years. Inventory What does that mean for housing? We can also expect low housing demand, which favors buyers. Since the COVID-19 pandemic lockdowns of 2020, inventory has dropped to record-low levels both in 2021 and 2022.

Housing Market 459

Housing Market Marketing Inventory Sellers 459

Housing Wire

MAY 18, 2023

If we had a massive credit boom-to-bust, inventory would have skyrocketed in 2022. In 2007, for context, we were a tad above 4 million. NAR Total Inventory Data going back to 1982. housing market inventory channels have changed due to how the U.S. This is why the days on the market are so low historically after 2020.

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Housing Market Marketing Inventory Mortgage 539

Housing Wire

JUNE 27, 2023

In 2007, we had more than 4 million total active listings, which was too much supply for the builders to compete effectively. Some people prefer something other than the current active existing inventory. For Sale Inventory and Months’ Supply: The seasonally‐adjusted estimate of new houses for sale at the end of May was 428,000.

Construction 516

Construction Inventory Marketing Buyers 516

Housing Wire

MAY 2, 2023

And there’s another thing that separates the housing market from other markets — the buyer is often also the seller. In most markets, the seller, or supplier, makes their decision about adding supply to the market independent of the buyer, or source of demand, and their decision to buy.

Housing Market 418

Housing Market Marketing Sellers Inventory 418

Housing Wire

DECEMBER 20, 2023

From NAR : First-time buyers were responsible for 31% of sales in November; Individual investors purchased 18% of homes; All-cash sales accounted for 27% of transactions; Distressed sales represented 1% of sales; Properties typically remained on the market for 25 days. NAR: Total housing inventory at the end of November was 1.13

Housing Market 482

Housing Market Marketing Inventory Realtors 482

Housing Wire

APRIL 8, 2022

Home prices are skyrocketing, housing inventory is at all-time lows and homebuyers have to contend with multiple bids. Inventory velocity. April 10, 2020: We needed a lot of inventory, fast. The velocity of inventory rising in the next three months is limited. April 2022: Inventory has not recovered. Can this last?

Housing Market 418

Housing Market Marketing Inventory Lending 418

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. So, it’s definitely not like selling a loan to a GSE (government-sponsored enterprise).

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Housing Market Marketing Insurance Mortgage 476

Housing Wire

AUGUST 1, 2023

Even as mortgage rates rose, and affordability was pushed out of reach for many potential homebuyers, there are still sufficient buyers who can afford these prices and these rates. The number of buyers has been surprising. Inventory As a result, the seasonal inventory build is slow and on a normal cycle.

Inventory 370

Inventory Contracts Buyers Mortgage 370

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. Housing inventory issue with no booming demand. Total Inventory had been growing from 2001-2005; total listings data in 2005 was at the higher historical range of 2.5

Inventory 397

Inventory New Listings Law Housing Market 397

Housing Wire

MAY 30, 2024

When I originated loans, there were a certain number of people that just didn’t need an agent — because the buyers and sellers knew each other in some fashion. The first is that we invite buyer’s agents into the platform, so we’ve opened up this inventory to them. And that’s what I did.

Real Estate Agent 448

Real Estate Agent Real Estate Sellers Technology 448

Housing Wire

SEPTEMBER 22, 2022

LOs interviewed by HousingWire said that most of their past clients don’t have a reason to sell their houses and that prospective buyers are waiting on the sidelines unless life happens — job relocations, marriage, divorce, pregnancy and death. million, below the 2019 range of 1.52 million to 1.93 million. .

Mortgage 397

Mortgage Loan Officers Inventory Retail 397

Boston Appraisal

JULY 22, 2019

Despite the continued appreciation, both real estate economists and the general public are starting to worry about the shadow of a second recession (the dramatic downturn of 2007 still on their minds). The best-faring markets in this area are the ones that remain relatively affordable for most buyers, notably Rochester, NY.

Marketing 78

Marketing Housing Market Real Estate Inventory 78

Boston Appraisal

JULY 22, 2019

Despite the continued appreciation, both real estate economists and the general public are starting to worry about the shadow of a second recession (the dramatic downturn of 2007 still on their minds). The best-faring markets in this area are the ones that remain relatively affordable for most buyers, notably Rochester, NY.

Marketing 78

Marketing Housing Market Real Estate Inventory 78