Housing Wire

MAY 28, 2021

But in the hot housing market of 2021, even those homes are getting immediate, multiple offers when they hit the market. “We’re seeing eight to 10 offers on homes as soon as they go on the market,” Wellman said. “I honestly haven’t seen this kind of market for homes in San Jose since 2009.”

Buyers 431

Buyers Real Estate Agents Inventory 431

Housing Wire

OCTOBER 5, 2023

The real estate market in China, both commercial and residential, have been unwinding over the last few years. in 2008 and 2009. some luxury residential markets that saw an influx of Chinese buyers could be particularly vulnerable. Following a pattern eerily similar to the U.S. In the U.S.,

Real Estate 459

Real Estate Housing Market Marketing Investors 459

Housing Wire

JUNE 10, 2022

Below, Esser answers questions about the housing industry: HousingWire: What is your current favorite HW+ article and why? His recent article, “Purchase apps are at 2009 level: where’s the inventory?” takes a deep dive into what the heck is going on with purchase applications, housing demand and inventory levels.

Sellers 397

Sellers Inventory Housing Market Buyers 397

Housing Wire

JANUARY 19, 2022

“Across the United States, homebuilders reliably broke ground on between 125,000 and 140,000 homes almost every month in 2021, and by one common measure, last year was the second-least volatile year for housing starts since 2005.”. Overall, an estimated 1,595,100 housing units were started in 2021, a 15.6% increase from 2020.

Construction 468

Construction Housing Market Inventory Development 468

Housing Wire

MAY 5, 2022

Mortgage rates surged to 5.27% over the last week, the highest average since 2009, according to the latest Freddie Mac PMMS. According to Sam Khater, Freddie Mac’s chief economist, while mortgage rates are rising, house price appreciation will decline later in the year. This week, mortgage application volume rose 2.5%

Mortgage 370

Mortgage Buyers Government Lending 370

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 397

Housing Market Finance Marketing Mortgage 397

Housing Wire

APRIL 21, 2022

Institutional real estate investors — often mammoth operators with ties to Wall Street — gobbled up record amounts of inventory in almost every corner of the pandemic-induced fever dream that was the 2021 housing market, with one notable exception: distressed properties sold at foreclosure auction. Bulk Buyer Bonanza.

Investors 418

Investors Renovations Marketing Retail 418

Housing Wire

MAY 15, 2024

According to the National Association of Home Builders (NAHB), the number of homes being built in age-restricted communities has grown significantly, since 2009, with about 6% of all new homes built for those either age 55 and older or 62 and older, as of 2022.

Design 467

Design Buyers Construction Marketing 467

Housing Wire

JANUARY 17, 2024

1 With over 12,000 Americans turning 65 every day in 2024, this burgeoning market will undoubtedly continue to bring more buyers and sellers to the table over the next decade. In fact, a veritable upheaval is headed for the housing market already. Yet staggeringly few are aware of its existence.

Finance 482

Finance Real Estate Agent Real Estate Insurance 482

Housing Wire

JUNE 8, 2022

I am going to do my best to try to make sense of what is happening with the housing market right now, since the years 2020-2024 have been a talking point of mine for years and my biggest concern since the fall of 2020 has been prices overheating — not having a deflationary collapse. . A short history of the housing crash narrative.

Inventory 545

Inventory Housing Market Marketing Mortgage 545

Appraisal Buzz

JULY 29, 2024

Compared to ARMs, FRMs are now more common after the 2007 housing market crashed. Between mid-2005 and mid-2009, the percentage of ARM dollar volume in mortgage originations decreased from approximately 45% to 2%. Housing Markets The average retail price and the ARM share are positively correlated.

Mortgage 360

Mortgage Retail Housing Market Buyers 360

Housing Wire

JUNE 2, 2022

housing market. And now we are facing a tumultuous year of mortgage market normalization. Interest rates are rising, affordability is a challenge, and geopolitical conflicts impact global supply markets. After all, the media would be remiss not to be apprehensive in the current market environment.

Housing Market 468

Housing Market Supply Chain Construction Clients 468

Housing Wire

MAY 18, 2021

“I started as an agent up here in 2009, and I’ve been saying since then the only thing that would slow down the market would be some sort of national or international event,” said Pullin, a managing broker at Skyline Properties. But the past three years — and 2020, specifically — have been something else.

Real Estate 468

Real Estate Marketing Real Estate Agent Agents 468

Housing Wire

DECEMBER 16, 2021

When this article was published, the unemployment rate is at 4.2%, inflation is above 6%, and both stock market and housing market values are elevated. Lenders should expect a much faster pace of hikes over the next few years than what was experienced following the 2009 recession. The encouraging news?

Marketing 482

Marketing Mortgage Supply Chain Inventory 482

DW Slater Company

JANUARY 30, 2023

What’s happening in the housing markets? Mortgage rates impact housing as they affect buying power. As we look at the housing market for 2022, a clear shift has occurred. Sellers have been in charge as buyer demand was fueled by historically low mortgage interest rates.

Housing Market 126

Housing Market Marketing Real Estate Appraisal 126

Housing Wire

AUGUST 1, 2023

All year, the strength of homebuyer demand and the tight supply of homes for sale has meant that the market pretty rapidly found a floor on the home-price correction of 2022. The number of buyers has been surprising. This trend is why we’ve called it a soft landing for the housing market. It’s not a hot market.

Inventory 370

Inventory Contracts Buyers Mortgage 370

Housing Wire

JANUARY 31, 2023

It’s also what keeps Andrew Marquis, regional vice president at CrossCountry Mortgage and Scotsman Guide ’s seventh top LO, up at night, especially as he sees more buyers entering the market. Is this still the case, and what is the demand like from first-time buyers? Marquis: I would say half and half.

Inventory 418

Inventory Marketing Business Buyers 418

Housing Wire

JUNE 29, 2024

The numbers speak for themselves and if anyone you know has been saying housing looks like 2008 for the past 10 years, I will tell you that the person doesn’t read. 2009 281,734 2010 345,146 2011 396,955 2012 318,041 Weekly housing inventory data I am almost ready to give an A grade for inventory this year.

New Listings 415

New Listings Inventory Contracts Sellers 415

Appraisal Buzz

SEPTEMBER 25, 2024

TD Bank recently issued its 2024 Mortgage Service Index , surveying more than 1,800 homeowners nationwide, to gather insights and analyze perceptions around the homebuying and mortgage experience, as well as attitudes on the current state of the housing market. Q: How did you first get your start in the industry?

Loan Officers 243

Loan Officers Retail Buyers Lending 243

Housing Wire

APRIL 14, 2022

The soaring federal deficit requires even more buyers of bonds, and some government bond sales may make it more difficult to issue MBS securities, unless with higher interest rates.”. It’s a market already under siege from a hawkish Fed policy that has sparked a sharp rise in interest rates, up 1.5 in 2009 to 1.9%

Marketing 435

Marketing Investors Government Investing 435

Housing Wire

AUGUST 24, 2023

“​​With an ongoing tight supply of existing homes for sale and the recent rise in the 30-year fixed-rate mortgage rate to around 7%, we expect home sales in 2023 to remain near the lowest annual level since 2009,” the group said. Total existing home sales fell 2.2% in July from June to a seasonally adjusted annual rate of 4.07 down from 4.88

Construction 284

Construction Retail Mortgage Contracts 284

Housing Wire

DECEMBER 20, 2021

To help the most vulnerable population, Tara Roche, research manager for the Pew Charitable Trust , said that HAF will be available to those who are using alternative financing, such as land contracts (agreements directly between sellers and buyers) and loans secured by manufactured homes. The program prevented $8.3

Mortgage 418

Mortgage Government Contracts Insurance 418

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 68

Housing Market Marketing Construction Buyers 68

Lamacchia Realty

JANUARY 31, 2024

Learn More About the Southington Community 2024 Outlook Overall, the Southington,CT housing market performed as expected given that the market is adjusting from a frenzied state – home sales were down, and average prices were up. Southington proved to be no different, with homes listed down substantially year over year.

Inventory 73

Inventory Real Estate Housing Market Realty 73

Birmingham Appraisal

AUGUST 14, 2024

An Interesting Trend Among New Homes As a residential real estate appraiser in the Birmingham, AL market for over 30 years I have seen many changes in new home construction. Census Bureau, home size steadily increased from 1999 through 2008/2009, which we all know was when the housing market crashed.

Bracketing 62

Bracketing Construction Design Real Estate 62

Empire Appraisal Group

JULY 6, 2022

Unlikely to Feel Impact from Slowing Market. Wary buyers and rising interest rates may affect some U.S. markets, but Fla.’s Six of the nation’s top 25 most overvalued housing markets are in the Sunshine State, which can expect to see a “prolonged period of unaffordability” even as prices in other regions of the country cool.

Marketing 78

Marketing Landlords Real Estate Tenants 78

Will Springer Realtor

AUGUST 13, 2024

The summer housing market slowdown is in full swing as vacations and Olympics TV viewing grab the attention of Americans rather than the pursuit of buying or selling a home in King County. The housing market feels like it’s in a slump, despite a slight monthly increase in sales across the county. existing home sales.

Buyers 52

Buyers Investors Sellers Inventory 52

Will Springer Realtor

DECEMBER 10, 2024

Even with mostly lower prices, affordability remains the biggest challenge for buyers as mortgage interest rates climbed toward 7%. That was about a full percentage point higher than in late August and September when buyers made offers that were completed in October. economy and housing market. 1) were off 25% (2157).

New Listings 60

New Listings Buyers Real Estate Mortgage 60

Lamacchia Realty

JANUARY 29, 2025

In 2024, the South Florida single-family housing market saw rising prices, inventory remained tight, and sales declined slightly. Additionally, climate change, including rising sea levels and more frequent storms, made coastal properties less attractive to some buyers. Pending sales are at a level not seen since 2009.

Inventory 63

Inventory Insurance Real Estate Buyers 63

Realvals

JANUARY 4, 2017

For the most part, these charts represent the housing market in Orange County for 2016 quite well. Mystique Newport Coast $28,000,000 18650/AP 2009 0.848/36,933. Ocean WY Laguna Beach $16,000,000 5650/E 2009 0.23/10,019. Notice how some of the cities have wide ranges, while some have tight ranges.

Real Estate 78

Real Estate Home Value Appraisal Housing Market 78

Will Springer Realtor

JULY 11, 2023

The Seattle/King County housing market inched forward – and a little sideways – as the number of new and unsold listings continued to expand in June while fresh signs of a slowdown approached. Home prices continued to confound buyers by climbing toward record highs as summer began. The number of Pending listings fell 3.9%

Housing Market 36

Housing Market Buyers Inventory Real Estate 36

Appraisal Today

JUNE 10, 2022

Hot housing market not a bubble, economists say. Excerpts: As home prices continue to break growth records, a panel of housing experts and economists surveyed by Zillow® does not believe the market is in a bubble. The hangar was built in 2009, and the home was completed in 2014. Jun 7, 2022. 2,821 sq.ft.

Appraisal 52

Appraisal Contracts Business Mortgage 52

Housing Wire

SEPTEMBER 11, 2023

The question many in capital markets have been asking since the GSEs were put into conservatorship is this: Without Fannie , Freddie , or the Fed , who will buy the agency MBS? Today we are seeing this play out with a shortage of MBS buyers to the tune of about $2 billion in demand per day.

Mortgage 493

Mortgage Supply Chain Buyers Finance 493

Will Springer Realtor

AUGUST 9, 2024

The settlement requires all buyers in the U.S. This is nothing new to Washington buyers, as it became state law on Jan. The other requirement calls for all Realtor-owned Multiple Listing Services to no longer publish seller offers of compensation destined for buyer brokers. All 50 states must now comply. That’s an increase of 1.5M

Design 36

Design Real Estate Sellers Buyers 36

Appraisal Today

JUNE 3, 2022

Excerpts: The housing market sizzle has faded and we’ve entered a different season. We’ve basically said goodbye to the most aggressive housing market ever, and we’re in a new market now. Granted, the housing trend still feels elevated from normal, so it’s an error to call this market cold.

Appraisal 52

Appraisal Contracts Real Estate Marketing 52

Housing Wire

FEBRUARY 22, 2022

But homebuilders big and small continue to run into the same problems – building permits are on file, contracts with buyers are inked, but subcontractors often don’t show, and access to materials have led to longer build times and cost overruns. Housing starts are also looking up, rising 1.4% Currently, over 1.7 above the 2020 figure.

Supply Chain 538

Supply Chain Construction Inventory Clients 538

Appraisal Today

JUNE 17, 2022

It is extremely important for appraisers now to closely track changes in your local markets at least once every day and tell your lender clients about it. When will it affect your market? The number of potential buyers will decrease as rates go up in many markets. We have never seen a pandemic real estate market before.

Appraisal 52

Appraisal Contracts Real Estate Mortgage 52