Housing Wire

JUNE 22, 2021

million, the National Association of Realtors reported on Tuesday. For the NAR, this is a record high and marks 111 straight months of year-over-year gains since March 2012. Total housing inventory at the end of May grew to 1.23 million units, up 7% from April’s inventory and down 20.6% Unsold inventory sits at a 2.5-month

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Inventory Buyers Realtors Housing Market 448

Housing Wire

DECEMBER 29, 2023

And with the ability to buy down consumers’ mortgage rates while still maintaining double-digit margins, new construction grew to comprise roughly 30% of total housing inventory in 2023, more than double a normal year. million housing units due to a severe lack of supply produced between 2012 and 2019. million and 7.3

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Construction Supply Chain Inventory Housing Market 476

Housing Wire

NOVEMBER 4, 2024

Newly released data from the annual profile of home buyers and sellers by the National Association of Realtors (NAR) shows just how dramatically this trend has manifested since the financial crisis of 2008. In 2012, 59% of homebuyers had no children under the age of 18. Homebuyers are increasingly childless.

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Real Estate Agent Buyers Sellers Realtors 345

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

DECEMBER 22, 2021

The National Association of Realtors reported that existing home sales for November came in hot at 6.46 Now for the real bad news, which is still a first-world problem, but the big concern for me during 2020-2024: inventory. Seasonality has kicked in with inventory already, which is expected every year. million and 6.2

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Inventory Housing Market Investors Marketing 516

Housing Wire

OCTOBER 21, 2020

Over the years, the inventory of affordable homes has been in sharp decline, while home prices have risen dramatically. With average wages increasing by only 16% since 2012, and national home prices increasing by 47%, the impact on long-term, intergenerational economic well-being could be substantial.

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Law Government Realtors Inventory 397

Housing Wire

MARCH 22, 2023

million homes, according to the National Association of Realtors (NAR). in February from the previous year to $363,00 — the first year-over-year decline since February 2012. After dropping for 12 months, existing home sales rebounded in February, climbing 14.5% month over month to a seasonally adjusted annual rate of 4.58

Mortgage 418

Mortgage Sellers Buyers Housing Market 418

Eyes on Housing

MARCH 21, 2023

A brief drop in mortgage rates and a pullback in home prices boosted existing home sales in February, according to the National Association of Realtors (NAR). in February per Freddie Mac and the median sales price in February posted the first decline since February 2012. The 30-year mortgage rates averaged less than 6.3%

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Realtors Mortgage Inventory 183

Appraisal Buzz

JULY 16, 2024

Today, there is a greater emphasis being placed on manufactured homes—both for borrower and lender—as a means for entry-level housing that can help address the steep inventory shortage nationwide. In April, the National Association of Realtors (NAR) reported a median sale price of $393,500, up 4.8% year-over-year.

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Modernization Buyers Construction Marketing 397

Housing Wire

SEPTEMBER 23, 2022

To understand the impact on borrowers, this week’s increase in mortgage rates to 6.29% resulted in a monthly payment on a $400,000 loan of about $2,470, compared to $1,660 a year ago, according to Nadia Evangelou, National Association of Realtors senior economist & director of forecasting, said in a statement.

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Housing Market Marketing Mortgage Buyers 370

Housing Wire

AUGUST 3, 2023

Meanwhile, existing-home sales plummeted by 19% in June year over year after declining by 20% in May, according to the National Association of Realtors. Deitz said the “underbuilding” in the home market between 2012-2019 “left us with the housing deficit.” Census Bureau , after jumping 20% in May.

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Construction Development Finance Mortgage 370

Empire Appraisal Group

MAY 25, 2023

has 6 of Top 10 Price-Increase Metros | Florida Realtors FHFA: Fla. These negative pressures were partially offset by historically low inventory.” housing market has seen positive annual appreciation each quarter since the start of 2012. © 2023 Florida Realtors® The post FHFA: Fla. year-to-year rise – but 20.1%

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Realtors Inventory Finance Housing Market 78

Annarbor Appraisal

APRIL 9, 2020

Price increases both with single-family houses and condominium units started in 2012 in earnest. Buyers, sellers, and the Realtors who work with them are adaptable, and some transactions have continued via virtual showings. This information clearly shows a declining trend from the 2005 data down to a low point between 2009 and 2011.

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Property Taxes Buyers Sellers Realtors 78

Empire Appraisal Group

OCTOBER 28, 2021

On the supply side, a decade of underbuilding of homes, regulatory barriers, high construction costs combined with people staying longer in their homes have kept housing inventory low. It’s because homeowners look great financially, they live in their homes longer than ever and the inventory shortage is creating forced bidding,” he says.

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Inventory Housing Market Construction Real Estate 78

Eppraisal

APRIL 12, 2022

The current real estate market is like no other in history in there is a lack of inventory of homes being listed for sale. According to an article in Keeping Current Matters, "A balanced real estate market's inventory sits around 6 months. Gen Z members were born between 1997 to 2012.

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Home Value Real Estate Buyers Realtors 36

Cornerstone

MARCH 12, 2021

The long answer: Here are several solid reasons why: Housing inventory remains at record lows , while buyer demand has reached record highs. But with all that’s going on, you know your standard answer won’t cut it. The short answer: Yes, it’s a prime time to sell. A seller may prefer to put off their plans and wait until the market is stable.

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Clients Sellers Loan Officers Real Estate 65

Houston Properties

JULY 21, 2022

The Best Houston Realtor to Sell Your Home. It was completed in 2012 and is now home to the Houston Dynamo. Most of the current inventory is composed of single-family homes and townhomes. The Best Houston Realtor to Sell Your Home. 2020: #1 Individual Agent, Keller Williams, Texas (Top Keller Williams Realtor).

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Real Estate Agent Real Estate Realtors Agents 36

Houston Properties

JANUARY 12, 2022

This is more concerning now that 71% of Houston Realtors have sold less than 5 homes in their entire career. Best Houston Realtors: Paige Martin & The Houston Properties Team. "A good and experienced Realtor should protect their clients from making bad mistakes, specially when putting emotions over data. Zip Code: 77082.

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Will Springer Realtor

JANUARY 10, 2023

Will Springer, Realtor®. That is the lowest annual figure since 2012 (27,601), according to MLS data. The general softening of prices comes despite tight inventory, even when factoring out canceled and expired listings that typically take place in November and December. months of inventory, down from 2.2

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Housing Market Marketing Inventory Real Estate 36

Housing Wire

OCTOBER 23, 2024

This is not a new idea — I’ve been dealing with people predicting a housing crash since 2012. To get a real price crash, we would need to see a surge of housing inventory and distressed sellers. As you will see below, inventory is growing, but it’s been a calm, healthy rise in 2024, not a flood of houses coming onto the market.

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Mortgage Inventory New Listings Sellers 497

Housing Wire

JANUARY 20, 2022

The National Association of Realtors reported that existing home sales for December came in as a miss of estimates at 6.18 The housing bubble boys of 2012-2020 turned into the forbearance crash bros of 2021 and have been nothing but an epic disaster in their forecast, which has now ended with the lost decade of bad housing calls.

Inventory 493

Inventory Housing Market Marketing Mortgage 493

Will Springer Realtor

MAY 12, 2021

>> The lack of inventory to keep real estate moving is confirmed with the latest data on U.S. They have declined for two consecutive months, according to the National Association of Realtors®. Its data show home prices have far outpaced incomes since 2012. Total inventories were little changed from March to April.

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Real Estate Inventory Buyers Construction 36

Will Springer Realtor

FEBRUARY 9, 2022

People are looking at higher prices, there’s slim pickings in inventory and now we have higher mortgage rates.”. The House version, HB 1782 , is backed by developer and Realtor® lobbyists, Habitat for Humanity and environmental groups, according to The Seattle Times. Inventory remains a big concern. home buyers. There are 0.4

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Buyers Law Inventory Development 36

Will Springer Realtor

AUGUST 11, 2023

First, let’s set the scene: Housing inventory is shrinking year to year in most parts of the country and there are no signs of significant replenishment over the horizon. also the oldest age of a first-timer ever recorded by the National Association of Realtors® (NAR). homes shy of what’s needed today. Belltown/Seattle) 21+ with ID.

Buyers 36

Buyers Development Construction New Listings 36

Will Springer Realtor

DECEMBER 8, 2021

households were formed between 2012 and June 2021 but just 7M new single-family homes were built in that time. >> A survey of National Association of Realtors® members showed 34% of their clients were first-time buyers, up from 31% the previous year (July 2020-June 2021). Monthly inventory stands at 0.4 months (vs.

Sellers 36

Sellers Marketing Supply Chain Construction 36

Will Springer Realtor

AUGUST 9, 2021

“There is a strong desire for homeownership across this country, but the lack of supply is preventing too many Americans from achieving that dream,” said Lawrence Yun, chief economist for the National Association of Realtors® (NAR). Housing affordability decreased in 45 of the 50 states from 2012 to 2019. percentage points. There is 1.1

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Construction Inventory Property Taxes Development 36

Clear Capital

JUNE 30, 2021

Note that due to unprecedented conditions in spring 2020 (due to COVID restrictions) and tight inventory in spring 2021, the year-over-year numbers based upon paired sales in certain rapidly-rising markets (like Phoenix) may be overstated. Overall, the Northeast and the Mid-Atlantic have been laggards since real estate bottomed in 2012.

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Marketing Real Estate Government Investing 67

Movoto

NOVEMBER 4, 2024

From the latest mortgage rate trends to the outlook for housing inventory, Bloomberg columnist, Conor Sen, provides expert commentary on what’s happening now—and what to expect in the coming months. Sophie: 10:18: Do you think this has a lot to do with inventory levels? We’ll have to see. It’s tough for sure.

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Housing Market Inventory Real Estate Marketing 36