Housing Wire

MARCH 10, 2025

million homes the third-largest gap for any year since 2012, trailing only 2020 and 2023. Though a rise in both multi- and single-family construction offered some relief amid low existing inventory, addressing the gap will take sustained effort and smart policy. But as Hale pointed out, the U.S. still faces a supply shortfall of 3.8

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Construction Inventory Housing Market Marketing 361

Housing Wire

JUNE 9, 2023

The housing bubble boys are a crew that from 2012 to 2019 screamed housing crash every year. history, and because of that, not even low inventory could prevent home prices from declining month to month in the second half of 2022. Now we can talk about the final stage: inventory in the U.S. Housing inventory The No.

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Inventory Housing Market New Listings Mortgage 546

Appraisal Buzz

JANUARY 2, 2025

Home price appreciation seems to be settling into a more comfortable pace, just as inventory levels pick up going into 2025: welcome news for prospective buyers who continue to face the headwinds of high mortgage rates. With that being said, the index also reached a new record high for the 17th month in a row. last month). Jul-06 134.00

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Inventory Buyers Home Value Housing Market 359

Housing Wire

JUNE 8, 2022

For over a decade, a lot of people didn’t believe in housing inflation but in the deflationary housing story, which hasn’t ended well for them since 2012. 2012: What they said: Shadow inventory will cause prices to fall. The reality: Inventory broke down in 2012, and the monthly supply data got below 6.0

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Inventory Housing Market Marketing Mortgage 545

Housing Wire

MARCH 5, 2025

Slower price growth and rising inventory : A cooling housing market has made it less appealing for investors to flip homes for profit. Condo purchases hit 12-year low Investor purchases of condominiums fell 13% year over year to 8,220 units the lowest level for any fourth quarter since 2012.

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Investors Real Estate Investing Housing Market 354

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.

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Housing Market Marketing Inventory Buyers 545

Housing Wire

MARCH 8, 2023

It is no secret that the housing market is suffering from an ongoing inventory drought. Existing housing inventory fell by 11,021 homes week over week for the week ending March 6, according to data from Altos Research. Despite the odds, Realtor.com does see paths for the inventory new housing shortage to be resolved. In 2022, 2.06

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Housing Wire

MARCH 5, 2025

I get to work, in my opinion, at the company that’s got the best platform out there, that I’ve been fortunate to be along for the ride since going back to 2012, so I feel like I’m getting the keys to like a high performance vehicle already. But my biggest focus initially is going to be the loan officers.

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Housing Wire

JUNE 27, 2024

Homebuyer affordability conditions improved in May as slightly lower mortgage rates and an uptick in housing inventory slightly eased the recent rise in application payment amounts,” Edward Seiler, MBA’s associate vice president of housing economics, said in a statement. This is a measurement of payment growth since March 2012.

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Mortgage Inventory 418

Housing Wire

OCTOBER 12, 2020

Here is another precedent: Back in 2012, our housing bear buddies kept insisting that the housing market had 4 million to 5 million homes in what they called shadow inventory. Shadow inventory refers to homes in foreclosure that banks are holding off the market. Housing data started to soften in 2005 after an overheated market.

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Inventory Housing Market Marketing Mortgage 545

Housing Wire

JUNE 6, 2024

The index was initially benchmarked to 100 in 2012. But this is also impacted by the state of the market, as lenders react to challenges related to high interest rates and limited inventory that have impacted borrower engagement. The Mortgage Credit Availability Index (MCAI) rose by 0.1%

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Mortgage Lending Technology Government 459

Housing Wire

APRIL 23, 2021

Homes sold in March were on the market for 21 days, per the report, the shortest period between listing and sale since 2012. But the NAR reported this week that home sales in March fell for the second month in a row as inventory plunged and home prices climbed to record levels. Home prices in the U.S. But with a third of U.S.

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Inventory Housing Market Realtors Marketing 468

Housing Wire

MAY 18, 2024

Weekly housing inventory data For the third consecutive week, we haven’t quite reached my weekly target of inventory growth between 11,000 and 17,000 homes. However, we came close to our target with inventory growth of 9,726 and there’s a silver lining: mortgage rates have recently fallen.

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New Listings Inventory Mortgage Contracts 501

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%. million and 1.93

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Housing Market Marketing Inventory Realtors 528

Housing Wire

MARCH 18, 2022

Inventory has broken to all-time lows, but it doesn’t look like the year-over-year data will be positive at all this year unless demand softens up. NAR Research : Unsold inventory sits at a 1.7-month NAR Research : Unsold inventory sits at a 1.7-month However, negative year-over-year inventory is not what we want to see.

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Housing Market Marketing Inventory Sellers 542

Housing Wire

NOVEMBER 18, 2020

The homeownership rate in Texas rose to an all-time high of 70% in the third quarter, exceeding the national metric for the first time since 2012, according to a report from the Texas A&M Real Estate Center. Housing inventory in Texas has dropped to 2.2 In fact, inventory for homes priced less than $300,000 sits at 1.6

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Inventory Real Estate Construction Development 435

Housing Wire

JUNE 28, 2022

growth for its top 20 city composite, and now you know why my most significant concern for housing was home prices overheating , not crashing like people have warned about from 2012-2021. million total housing inventory data as that is the level of inventory that would change my thesis that this is a savagely unhealthy market.

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Housing Market Marketing Inventory Investors 482

Housing Wire

FEBRUARY 20, 2024

million homeowners added between 2012 and 2022. in 2012 to 65.2% But it fell slightly from 2021 (65.4%) due to higher mortgage rates and inventory constraints. The dream of homeownership is becoming more attainable for many Americans, with 10.5 Some racial minorities also witnessed a surge in their homeownership rates.

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Buyers Inventory Realtors Mortgage 476

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. Housing inventory issue with no booming demand. crash, especially from 2012-2019. million listings.

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Inventory New Listings Law Housing Market 397

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.

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Mortgage Inventory New Listings Sellers 525

Housing Wire

NOVEMBER 9, 2022

Inventory levels broke to all-time lows and thus created massive housing inflation quickly, which broke my model. Post-2012, whenever mortgage rates rise, existing home sales always trend below 5 million. The glaring difference between now and 2014 is that total inventory levels are roughly 1 million lower now than the peak of 2014.

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New Listings Inventory Housing Market Sellers 508

Housing Wire

DECEMBER 21, 2022

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. Today, inventory is almost 900,000 active listings below the lowest level of the four-decade average between 2 million and 2.5

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Inventory New Listings Housing Market Sellers 531

Housing Wire

JUNE 2, 2023

The deal comes at a time when a lack of for-sale home inventory is boosting the appetite for homebuilders. Founded in 2012, the Pretium platform capitalizes on investment and lending opportunities and has more than $50 billion of assets with real estate investments across 30 markets in the U.S, according to the firm.

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Real Estate Investors Investing Construction 418

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

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Housing Market Mortgage Marketing Inventory 544

Housing Wire

JUNE 22, 2021

For the NAR, this is a record high and marks 111 straight months of year-over-year gains since March 2012. “Lack of inventory continues to be the overwhelming factor holding back home sales, but falling affordability is simply squeezing some first-time buyers out of the market,” said Lawrence Yun, NAR’s chief economist.

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Inventory Buyers Realtors Housing Market 448

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?

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Housing Market Marketing Inventory Lending 418

Housing Wire

APRIL 3, 2023

Declining mortgage rates could have improved affordability for buyers in the housing market in February, but instead spurred a demand that, combined with a persistent lack of inventory across the U.S., “In many areas of the country, that dynamic – low inventory and a modest rise in demand – led to an uptick in home prices.”

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Inventory New Listings Housing Market Mortgage 418

Housing Wire

FEBRUARY 7, 2024

After closing out 2023 with its first annual membership decline since 2012, the National Association of Realtors is still struggling with its membership count. However, the 85,049 agents lost between October 2022 and January of 2024, is still well below the 400,000-agent drop recorded between 2008 and 2012. This is down 2.1%

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Realtors Agents Brokerage Inventory 448

Housing Wire

JULY 13, 2022

Looking at the housing market in the years 2020-2024, one risk i identified early on was that home prices could accelerate more in this period than we saw in the previous expansion if inventory channels broke to all-time lows. Back then, we had higher sales, higher inventory, and less price growth, but we had a massive credit bubble.

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Inventory Housing Market Construction Mortgage 540

Appraisal Buzz

OCTOBER 23, 2024

of Millennials nationally in 2012. metros, millennials in 2012 were more likely to be rent burdened than Gen Z renters at the same age in 2022. Millennials in 2012 were more likely than Gen Z renters in 2022 to face rent stress in 17 of the nation’s 30 major metro areas. Rent accounted for more than 30% of the income of 60.2%

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Landlords Tenants Inventory Marketing 195

Housing Wire

JUNE 29, 2024

Housing inventory is growing, but national home prices aren’t dropping dramatically, as the recent S&P CoreLogic Case Shiller index clearly showed. The last time we had a stressed seller market was when national home prices crashed in 2008-2011 and even with more inventory , we’re nowhere close to those levels.

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New Listings Inventory Contracts Sellers 415

Appraisal Buzz

MARCH 24, 2025

Prior to 2024, the millennial homeownership rate had increased each year since 2012. High mortgage rates were exacerbated by the fact that low inventory kept home prices stubbornly high in many parts of the country. That same sentiment also rings true for millennials, as 54.9% of Gen Xers owned their home in 2024, up from 72% in 2023.

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Investing Inventory Mortgage Business 248

Appraisal Buzz

MARCH 25, 2025

million house shortage in the country, which is the third-largest yearly gap since 2012, after 2020 and 2023. Though a rise in both multi- and single-family construction offered some relief amid low existing inventory, addressing the gap will take sustained effort and smart policy. However, there is still a 3.8 Pent-Up Demand (Ths.)

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Construction Inventory Development Law 221

Housing Wire

MARCH 31, 2022

crew, this would mean home prices would have to get back to 2012 in a short amount of time. since the 2012 lows and that is the magnitude of decline we would need to see to justify using the term “housing bubble.” Especially in a year when inventory has crashed to all-time lows and demand for those houses is still so high.

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Housing Market Inventory Lending Marketing 532

Housing Wire

MAY 18, 2023

If we had a massive credit boom-to-bust, inventory would have skyrocketed in 2022. Instead, active listings are near all-time lows, which wasn’t the case from 2012-2019. NAR Total Inventory Data going back to 1982. housing market inventory channels have changed due to how the U.S. million, up from 1.03 million last year.

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Housing Market Marketing Inventory Mortgage 539

Housing Wire

SEPTEMBER 1, 2020

Blackstone Group , which blazed a trail for Wall Street in 2012 when it formed Invitation Homes and became the largest owner of single-family rental homes in America, has returned to a familiar watering hole. As was the case last go-around, much of the inventory on Tricon’s books is in the Sunbelt. and Canada. “The

Real Estate 493

Real Estate Investing Business Government 493

Housing Wire

DECEMBER 10, 2021

The index benchmarks to 100 in March 2012; a higher number portends more mortgage credit availability. In the meantime, rates remain low and stable, even as the nation faces declining housing affordability and low inventory.”. The MBA Mortgage Credit Availability Index overall fell by 0.6% in November.

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