Housing Wire

APRIL 20, 2023

months’ worth of housing inventory in the U.S. NAR: Total housing inventory registered at the end of March was 980,000 units, up 1.0% Unsold inventory sits at a 2.6-month Total housing inventory, while up year over year, is still near all-time lows, and monthly supply is also up year over year. We only have 2.6

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Inventory Housing Market Marketing New Listings 531

Housing Wire

MARCH 23, 2023

If there’s one sector of the economy that benefits from the very low levels of total housing inventory , it’s the homebuilders , but for a reason you might not think. If national housing inventory were back to normal, we would have 2 to 2.5 All this is happening while housing permits have fallen noticeably from the recent peak.

Inventory 545

Inventory Housing Market Construction Marketing 545

Appraisal Buzz

JUNE 18, 2024

This balance of available homes to homeseekers reached a tipping point when the Great Recession hit in 2007-2009—a balance which reached a tipping point when the recession ushered in a decade of underbuilding. The post A Closer Look at the Housing Market’s Inventory Deficits first appeared on The MortgagePoint. Census Bureau.

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Inventory Construction Law Real Estate 448

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. million Last year at this time it was 1.15

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Inventory Housing Market Marketing New Listings 436

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.

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Inventory Housing Market Investors Sellers 450

Housing Wire

APRIL 3, 2023

Housing demand grew and inventory levels fell again while mortgage rates rose. Active inventory fell by 3,141, and new listing data fell again and is still trending at all-time lows. Last year, the weekly seasonal inventory bottom was set on March 4; we still need to confirm the weekly bottom in 2023.

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Inventory Housing Market Marketing New Listings 505

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.

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Inventory Housing Market Marketing Mortgage 534

Housing Wire

MAY 26, 2022

It’s an excellent time to discuss housing inventory. How can housing inventory be so low today when it skyrocketed back in 2009? As you can see below, the inventory keeps falling from 2014 levels, and even with the weakness in demand this year, we are nowhere close to 2013 levels, let alone 2018 levels. What is going on here?

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Inventory Housing Market Construction Marketing 526

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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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 post Employment gains could help housing inventory appeared first on HousingWire. Presented by: CreditXpert.

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Inventory Construction Housing Market Business 514

Housing Wire

DECEMBER 8, 2021

2 million , we could be at risk of housing inventory falling to such low levels that I would have to categorize this housing market as unhealthy. We can see that inventory falling to such low levels has created unhealthy home-price growth in both 2020 and 2021. Inventory fades in the fall and winter and picks up in summer and spring.

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Inventory Housing Market Marketing Mortgage 525

Housing Wire

SEPTEMBER 21, 2023

Inventory still negative year over year From NAR: Total housing inventory registered at the end of August was 1.1 Unsold inventory sits at a 3.3-month The housing inventory data has been negative year over year per the NAR data for the past few months. Year-over-year, sales fell 15.3% (down from 4.77 from July and 14.1%

Inventory 523

Inventory Housing Market Mortgage Marketing 523

Housing Wire

MAY 31, 2024

Large institutional investors typically emerged following a raft of defaults and foreclosures stemming from the 2007-08 financial crisis , putting inventory on the market from 2007-09. They don’t have that kind of capital,” he said, adding that Blackstone Group owns roughly 0.05% of single-family homes in the U.S.

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Investors Inventory Government Construction 440

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

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.

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Inventory Housing Market New Listings Marketing 505

Housing Wire

OCTOBER 19, 2023

for the first time since 2007, according to one index. Mortgage application activity is now at its lowest level in 29 years as high mortgage rates, limited housing inventory, and affordability challenges continue to constrain borrowers,” he said in a statement. Still, inventory remains a huge problem for the housing market.

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Mortgage Housing Market Inventory Construction 493

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).

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Inventory Housing Market Mortgage Marketing 508

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

APRIL 9, 2023

The 10-year yield finally broke below a critical technical level it had difficulty breaking for many months and we had a very small increase in inventory. Active inventory rose by 823 single-family homes and new listing data is trending at all-time lows. In 2007, when sales were down big, total active listings peaked at over 4 million.

Housing Market 540

Housing Market Marketing Mortgage Inventory 540

Housing Wire

SEPTEMBER 24, 2023

On housing inventory , new listings data saw a small decline last week, but active listings grew at a healthy clip. Mortgage rates and the bond market Last week was wild for the 10-year yield, as the key support line that I have been talking about for weeks broke after the Fed meeting, sending the 10-year yield to highs last seen in 2007.

Mortgage 498

Mortgage Inventory New Listings Housing Market 498

Appraisal Buzz

FEBRUARY 21, 2022

Inventory of homes for sale dropped to historically low rates in the beginning of 2022 while home prices continue to rise across New York State, according to the housing report released by the New York State Association of REALTORS. Inventory of homes for sale fell 30.3% This marks the lowest housing inventory since 2007.

Inventory 195

Inventory Marketing Realtors Appraisal 195

Appraisal Buzz

NOVEMBER 26, 2024

Housing Market Supply and Demand: An analysis of housing inventory trends and construction pressures affecting pricing and availability. Technological Advancements in Real Estate: A look at emerging technologies with the potential to reshape real estate transactions and property management.

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Real Estate Insurance Tenants Housing Market 360

Housing Wire

NOVEMBER 19, 2020

Second, if the next existing home sales report misses expectations, you may be told that this is due to a lack of inventory. Remember, lower inventory tends to go with higher sales — and higher sales means folks are buying homes…therefore…I know you are following me here… there must be homes to buy. . Don’t listen.

Housing Market 545

Housing Market Marketing Inventory Buyers 545

Appraisal Buzz

MARCH 25, 2024

in 2021, hitting the worst level since 2007. “In Lack of inventory and ever-rising home prices are the main factors impacting the home flipping business. That’s down from 28.1% in 2022 and 35.7% In 2023, the landscape for home flipping across the U.S. became increasingly challenging,” says Rob Barber, CEO at ATTOM, in the report.

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Renovations Investors Inventory Sellers 334

Housing Wire

JUNE 18, 2023

Active housing inventory grew while new listing data fell. Here’s a quick rundown of the last week: Active inventory grew 8,041 weekly. Weekly housing inventory This year’s housing inventory theme has been a walking dead musical chorus of a zombie trying to escape a grave. 6% for a year. Slow and steady and late!

Housing Market 505

Housing Market Marketing Inventory New Listings 505

Housing Wire

DECEMBER 29, 2022

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 The issue is that when housingw as in a recession in 2007, we had a massive spike in supply.

Housing Market 546

Housing Market Marketing Inventory Sellers 546

Housing Wire

SEPTEMBER 1, 2021

Barack Obama uttered those words on the footsteps of the Illinois state capitol in 2007 – a speech where the former Illinois state senator declared his candidacy for president. median home price of $207,000. Springfield was the only one of those 183 to see a year-over-year home sale price decline. This content is exclusively for HW+ members.

Realtors 397

Realtors Real Estate Inventory Marketing 397

Housing Wire

MAY 3, 2024

Serious buyers showed discernment as they know inventory is growing. These buyers understand that more inventory is coming to the market and that they will have options. This scarcity in inventory acts as a safeguard against an imminent market crash, providing stability and support for continued price growth. With only 1.3

Inventory 426

Inventory Lending Inspection Real Estate 426

Appraisal Buzz

JUNE 21, 2022

Inflating mortgage costs, driven by skyrocketing prices and interest rates, have made mortgages less affordable than at any time since at least 2007. According to the latest market report from Zillow, demand for homes has pulled back in response —easing price growth, slowing sales, and boosting inventory.

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Inventory Appraisal Mortgage Marketing 195

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

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

JULY 26, 2023

We only have 72,000 new homes completed for sale in a country of 335 million people, and active inventory is near all-time lows. During the housing bubble crash years, active listings grew to more than 4 million in 2007 because most of the inventory in the U.S. But the new home sales report begs to differ. months to 7.4

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Inventory Construction Sellers Marketing 367

Housing Wire

APRIL 23, 2024

In 2007, right around the time he started Altos Research, he was attending a conference where representatives of both companies were speaking. He began by looking at fresh inventory data. They think, ‘Mortgage rates are higher, nobody’s going to sell, therefore inventory is going to fall when rates fall again.

Inventory 495

Inventory Housing Market Sellers Marketing 495

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 450

Housing Market Marketing Inventory New Listings 450

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.

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Mortgage Inventory Government Construction 493

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 525

Construction Housing Market Inventory Marketing 525

Housing Wire

AUGUST 18, 2021

“There are now almost 690,000 single-family homes under construction – the largest number since 2007. This is clearly a positive sign given the remarkably low levels of inventory on the market.”

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Supply Chain Construction Inventory Buyers 505