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. Census Bureau and the Department of Housing and Urban Development. Now on to the report. This is 12.2 percent (±12.8

Construction 516

Construction Inventory Marketing Buyers 516

Housing Wire

MAY 3, 2023

The Federal Reserve (Fed) raised its key federal funds rate for the 10th consecutive time, announcing a 0.25% rate hike Wednesday to 5% to 5.25%, a level they have not reached since 2007. Existing home sales in particular have been paltry in 2023, largely due to low levels of inventory.

Real Estate Agent 397

Real Estate Agent Inventory Loan Officers Mortgage 397

Housing Wire

AUGUST 5, 2022

We had some funky trade and inventory data that tilted the GDP negatively, but the traditional data lines that go negative in a recession are just not there yet. This week I presented my six recession red flag model to the Committee For Economic Development of The Conference Board (CED) — the committee that created the leading economic index.

Development 545

Development Housing Market Marketing Business 545

Housing Wire

JANUARY 20, 2021

Every year since 2007, the rate of household formations outstripped the number of housing completions, despite relative strength in both the overall housing market and U.S. Other countries, including England, have developed digital national systems for processing and recording mortgage and property transactions. consumer spending.

Renovations 459

Renovations Law Development Real Estate 459

Housing Wire

DECEMBER 13, 2021

In assessing blame for a high-demand, low inventory housing market, one finger is pointed at companies that purchase single-family homes as an investment. Last month, Zillow said it was winding down its iBuying division, and courting corporate investors to buy its 18,000 homes remaining in inventory. single-family home market.

Investors 435

Investors Real Estate Landlords Inventory 435

Housing Wire

OCTOBER 13, 2020

In June 2007, Apple shook the world to its cellular core when it released the first-generation iPhone. Instead of having to wonder whether autopilot subservicing is getting the job done, we will develop a completely transparent relationship with you, centered around our SIME (Servicing Intelligence Made Easy) technology.

Clients 418

Clients Development Inventory Technology 418

Housing Wire

MAY 30, 2024

Ironically, the technology he’s developed can be a benefit to real estate agents as well. SW: Why did you want to develop this platform? The first is that we invite buyer’s agents into the platform, so we’ve opened up this inventory to them. BR: This really came out of decades of being in the mortgage business.

Real Estate Agent 448

Real Estate Agent Real Estate Sellers Technology 448

Appraisal Buzz

JUNE 14, 2024

As a surge in new multifamily rental units has slowed down rent growth, single-family construction is starting to lift for-sale inventories. Herbert serves as Managing Director of the Joint Center for Housing Studies of Harvard University, and has experience conducting research related to housing policy and urban development, both in the U.S.

Development 221

Development Government Project Management Design 221

Empire Appraisal Group

AUGUST 29, 2024

Single-Family Home Median Sale Price Data from National Association of Realtors and Florida Realtors , through March 2024 Historically, Florida has been relatively volatile with pricing, having suffered an outsized impact in the housing market in the fallout from the 2007-2008 financial crisis, for example.

Realtors 78

Realtors Inventory Marketing Buyers 78

McKissock

SEPTEMBER 7, 2021

Some early warning signs of housing market correction are: A) Listing inventory in MLS starts to climb steadily. Increasing inventory is generally a sign that buyers have stopped buying (due to prices being too high or a lack of consumer confidence), or there are just fewer ready, willing, and able buyers in the marketplace.

Marketing 71

Marketing Real Estate Appraisal Inventory 71

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

Lamacchia Realty

JUNE 21, 2022

In early March it was becoming clear that the market was changing from a frenzied post-pandemic scene to one where rising mortgage rates would slow it down and help inventory finally rise back up. For the past few years, with inventory at historically low levels , sellers were coming pretty close to naming their price and buyers were paying.

Housing Market 67

Housing Market Bracketing Marketing Sellers 67

Will Springer Realtor

OCTOBER 15, 2024

The recent development of lower mortgage rates coupled with increasing inventory is a powerful combination that will provide the environment for sales to move higher in future months,” Lawrence Yun, chief economist for the National Association of Realtors® said in September. months of inventory across all home types in King and 2.3

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Housing Market Marketing Construction Buyers 68

Lamacchia Realty

OCTOBER 25, 2023

PRICE ADJUSTMENTS AND THE 2023 MARKET In March 2022, it was clear that the market was changing from a frenzied post-pandemic scene to one where it was assumed that rising mortgage rates would slow it down and help inventory finally rise back up. Inventory didn’t increase at the rate most assumed it would.

Bracketing 69

Bracketing Marketing Sellers Buyers 69

Lamacchia Realty

AUGUST 3, 2021

Inventory is still very tight despite a slight increase, and as you can see in the chart below from our Massachusetts Updates page , the percentage of homes placed under agreement out of total inventory is still higher than it ever has been but its noticeably lower than it was in the first six months of the year.

Bracketing 69

Bracketing Sellers Buyers Inventory 69

Lamacchia Realty

MARCH 26, 2024

As you can see in the chart below, Florida has the highest shift in rising inventory over the past twelve months. Source Condo inventory has been rising more than single families as sales have been decreasing since 2023. Source Inventory rises when more sellers are listing than buyers are buying.

Bracketing 65

Bracketing HOA Sellers Buyers 65

Will Springer Realtor

OCTOBER 10, 2023

The latest number is considered unaffordable by common lending standards, which call for a 28% debt-to-income ratio and it marks the highest level since 2007. The increase in homes on the market also tells us overall inventory is rising. months of inventory available today across our county, up from 1.5 There are 2.0

Buyers 65

Buyers Inventory Sellers Housing Market 65

Listing Spark

JUNE 16, 2023

Focusing on major Texas metro areas like Austin, DFW, Houston, and San Antonio, Aaron discusses important trends and developments that homeowners, investors, and anyone interested in real estate should be aware of. However, a decrease in new listings is helping to stave off even higher inventory. months of inventory available.

Real Estate 36

Real Estate Marketing Inventory Sellers 36

Housing Wire

OCTOBER 23, 2024

If you take 2007-2011 out of the equation, we have had only one year go negative; that was 1990, and that was only a 1% decline. To get a real price crash, we would need to see a surge of housing inventory and distressed sellers. So, why haven’t home prices crashed with high mortgage rates this year? million in September.

Mortgage 497

Mortgage Inventory New Listings Sellers 497

Will Springer Realtor

SEPTEMBER 8, 2021

It is developing several single-family and multifamily communities in King and Snohomish counties. That’s the most since 2007. “Family friendliness” remains a prime focus for developers of master-planned communities, but a new survey indicates health & wellness amenities are becoming increasingly important.

Construction 36

Construction Inventory Buyers Real Estate 36

Assurance Financial

NOVEMBER 9, 2021

Because in a buyer’s market, there’s more housing inventory and lower prices, giving power to the buyer. This economic decline can cause homeowners to sell their houses if they can no longer afford to pay their mortgages, increasing housing inventory and shrinking the buyer pool. Marketing Strategies.

Marketing 36

Marketing Sellers Real Estate Buyers 36

Will Springer Realtor

JULY 11, 2023

While the boost in available inventory in King County is welcome, it’s important to note that the number of new listings is 26% lower than in June 2019 when the housing market was red hot. The construction industry is on pace to complete more than 1.51M units this year, which would be the highest total since 2007. This is nothing new.

Housing Market 36

Housing Market Buyers Inventory Real Estate 36

Will Springer Realtor

MAY 9, 2022

While these are promising developments, there will always be the affordability question. This looks a lot like the housing boom that we saw prior to the 2007–09 financial crisis.” That percentage was last seen in September 2007 – yes, at the start of the housing crisis (as the chart shows). The potent combo of rising U.S.

Architecture 36

Architecture Design Buyers Construction 36

Will Springer Realtor

MAY 12, 2021

Housing starts – the number of units builders would begin if development kept pace for the next 12 months – increased 19% nationally to a seasonally adjusted annual rate of 1.7 >> The lack of inventory to keep real estate moving is confirmed with the latest data on U.S. Total inventories were little changed from March to April.

Real Estate 36

Real Estate Inventory Buyers Construction 36

Will Springer Realtor

JULY 10, 2024

Among the latest examples, parishioners at Overlake Christian Church in Redmond have partnered with developer Evans Wakefield to construct 800 affordable rental units on a portion of land currently used for parking. Recent developments bring a glimmer of hope. We went into detail about the issue in last month’s newsletter.

Development 36

Development Design Buyers Marketing 36

Will Springer Realtor

DECEMBER 8, 2021

housing starts, when builders break ground and lay a foundation, are forecast to finish this year at 1.04M single-family homes, the first time since 2007 the figure will exceed a million. Building developers are optimistic they can overcome many of the challenges. Monthly inventory stands at 0.4 Census data through October.

Sellers 36

Sellers Marketing Supply Chain Construction 36

Will Springer Realtor

OCTOBER 11, 2022

Waller went on to say this adjustment is in no way like the horrific housing/financial crises of 2007-2010. People love experiences to fill their memory bank and social media feed – and real estate developers are listening. months’ inventory for all homes on the market and in the single-family category. months’ inventory.

Housing Market 36

Housing Market Marketing Real Estate Buyers 36

Will Springer Realtor

MAY 9, 2023

years, according to recent data, when it was only about five years just before the housing market crash of 2007. Legislation related to transit-oriented development did not pass. Falling new inventory is constraining transaction volumes while also supporting higher home prices. And, opening this year, Graystone.

Real Estate 36

Real Estate Modernization Construction Supply Chain 36

Will Springer Realtor

JUNE 9, 2021

Prices have soared in most areas – including a 30% jump in the past year for single-family homes in King County – amid a shortage of inventory and a sharp rise in the number of buyers. You have read here before how lumber prices have soared about 250% in the past year, prompting real concern among developers who are seeing profits dwindle.

Housing Market 36

Housing Market Marketing Inventory New Listings 36

Movoto

OCTOBER 31, 2024

And inventory goes down. In the winter months, generally we see more homes go on the market than come off and inventory goes up. And so nationally, all of a sudden, we’re in this situation where housing inventory is starting to meaningfully increase. 9:55: And so inventory never caught up.

Housing Market 36

Housing Market Marketing Real Estate Insurance 36