Housing Wire

DECEMBER 23, 2023

housing market and that they need to be pro-housing again. Even with all the drama we have dealt with in 2022-2023, the housing market stayed intact and never broke. This is a big Merry Christmas gift for the housing market. Weekly inventory change : (Dec.15-22)

Housing Market 538

Housing Market Marketing Inventory New Listings 538

Housing Wire

APRIL 30, 2023

The spring housing market music is playing, and purchase application data and active listing inventory rose together last week. The fear of not having an increase in inventory this spring should be put to rest. The other focus should be where mortgage rates go; only a little happened last week.

Inventory 525

Inventory Housing Market Marketing New Listings 525

Housing Wire

JANUARY 5, 2023

The 2022 housing market was savagely unhealthy , with all-time lows in inventory leading to massive bidding wars and price spikes until the Fed put a screeching halt to all of it with rate hikes that resulted in the most significant one-year spike in mortgage rate history. Housing recession. That would be a positive for demand.

Housing Market 543

Housing Market Marketing Inventory New Listings 543

Housing Wire

JULY 9, 2023

This is truly a savagely unhealthy housing market as we have too many people chasing too few homes. Considering where we are with the 10-year yield and mortgage rates, a lighter-than-expected CPI inflation print this week would be just what the housing market needs to bring mortgage rates lower.

Inventory 501

Inventory Housing Market Marketing New Listings 501

Housing Wire

MAY 21, 2023

It was a wild ride for the housing market last week! Purchase application data The housing market shifted significantly when mortgage rates peaked late year and started to fall. The 10-year yield rose noticeably, sending mortgage rates near 7% right in the heart of the spring selling season. million to 1.04

Housing Market 511

Housing Market Marketing Inventory New Listings 511

Housing Wire

JUNE 18, 2023

This dynamic changed the housing market from one where home sales were crashing to one that is now stabilized. As you can see in the chart below, the collapse of the purchase application data has stalled out, and if this didn’t happen, we would be having a different conversation about the housing market today.

Housing Market 505

Housing Market Marketing Inventory New Listings 505

Housing Wire

APRIL 16, 2023

2021: 66,836 2022: 67,567 2023: 49,045 Compare our current new listing data to weekly new listing data in previous years when we had a more normal housing market: 2015: 94,470 2016: 86,608 2017: 78,886 The NAR data going back decades shows how difficult it’s been to get back to anything normal on the active listing side.

Inventory 539

Inventory Housing Market Marketing New Listings 539

Housing Wire

MAY 14, 2023

The rise of active listings in this spring housing market reminds me of a zombie slowly rising from its grave. Yes, we found the seasonal bottom for housing inventory on April 14, but this year’s rise in active listings has been tepid at best. Can you imagine the housing market at that point?

Housing Market 488

Housing Market Marketing Inventory New Listings 488

Housing Wire

JANUARY 2, 2023

The housing market has been wild the last few years, making weekly data more critical. This is why I’ve created the Housing Market Tracker — a weekly analysis of purchase apps, housing inventory and mortgage rates that will be published every Monday. The 10-year yield shows where mortgage rates will go.

Inventory 482

Inventory Housing Market Marketing Mortgage 482

Housing Wire

APRIL 27, 2024

This isn’t saying too much since 2023 had the lowest recorded level of new listings ever, but it’s still a plus in my book.

Inventory 514

Inventory Housing Market Marketing New Listings 514

Housing Wire

APRIL 9, 2023

The housing market welcomed the news of lower mortgage rates last week after four reports showed that the labor market isn’t as tight as it seems and that the fear of 1970s-entrenched inflation was a lousy narrative. Current housing Inventory is still not suitable for a healthy housing market.

Housing Market 540

Housing Market Marketing Mortgage Inventory 540

Housing Wire

NOVEMBER 15, 2021

The positive performance of the HECM book of business is largely attributed to the levels of house price appreciation that the U.S. housing market has seen recently. The post 2021 MMI Report: Reverse mortgage portfolio hits positive territory for first time since 2015 appeared first on HousingWire.

Mortgage 397

Mortgage Insurance Finance Development 397

Housing Wire

MAY 7, 2023

2017 99,880 2016 88,105 2015 94,101 As you can see in the chart below, new listing data is very seasonal; we don’t have much time to get some more growth here. Even though the labor market is currently showing signs of getting softer , there is no job-loss recession yet. The total NAR inventory is still 980,000.

Inventory 505

Inventory Housing Market Marketing New Listings 505

Housing Wire

MARCH 6, 2023

The housing market faced some serious obstacles last week as the 10-year yield broke over 4%, mortgage rates rose to over 7%, purchase apps fell again and we are still trying to find the elusive seasonal bottom for housing inventory. The week ahead We have some big things happening in housing market data this week!

Inventory 513

Inventory Housing Market Marketing New Listings 513

Housing Wire

MARCH 6, 2025

The housing market in Washington D.C. Sweeping cuts by Elon Musks DOGE agency have sent many government employees packing, while other staff need to find housing in the area to comply with return-to-work mandates. housing market. housing market over the next few months. housing market.

Inventory 344

Inventory New Listings Government Housing Market 344

Housing Wire

JULY 6, 2024

This is precisely what the doctor ordered for the housing market. In March of 2022, we only had 240,000 active single-family homes available for sale, leading me to call the housing market savagely unhealthy as we simply had too many people chasing too few homes.

Housing Market 476

Housing Market Mortgage Inventory Marketing 476

Housing Wire

NOVEMBER 23, 2024

24): Inventory fell from 569,898 to 565,875 The all-time inventory bottom was in 2022 at 240,497 The inventory peak for 2024 so far is 739,434 For some context, active listings for this week in 2015 were 1,104,310 New listings data While active inventory didn’t rise, we did get a nice boost in new listings this last week.

Mortgage 514

Mortgage Inventory New Listings Contracts 514

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. At the end of 2022, multifamily housing starts represented 35.1% However, an average of 94.5%

Housing Market 459

Housing Market Marketing Inventory Construction 459

Housing Wire

APRIL 3, 2023

Last week was relatively calm for the housing market after the fiasco of the banking crisis. Housing demand grew and inventory levels fell again while mortgage rates rose. Purchase application data One of the most improved housing market data lines since Nov. Mortgage rates rose to 6.57%.

Inventory 505

Inventory Housing Market Marketing New Listings 505

Housing Wire

JULY 2, 2023

We have often discussed that the housing market dynamics changed starting Nov. This is one data line I will track like a hawk because it will be a negative for the housing market if this data line makes a noticeable year-over-year decline trend in the second half of 2023.

Inventory 482

Inventory Housing Market Marketing New Listings 482

Housing Wire

FEBRUARY 27, 2023

We created the weekly Housing Market Tracker because housing data has been so wild since 2020. The housing market madness persisted last week as inventory fell and higher mortgage rates took a bigger bite out of purchase application data. Weekly inventory change (Feb. million to reach 2019 levels.

Housing Market 476

Housing Market Marketing Inventory New Listings 476

Housing Wire

MARCH 26, 2023

The financial and housing markets are still trying to sort out the banking crisis and whether we have seen the last Fed rate hike in this cycle. These events led to lower mortgage rates and increased purchase application data last week, but decreased housing inventory. In a regular market, they would be closer to 5.25%.

Inventory 476

Inventory Housing Market Marketing Mortgage 476

Housing Wire

JUNE 11, 2023

Weekly inventory change (June 2- June 9): Inventory rose from 436,284 to 443,006 Same week last year (June 3 June 10): Inventory rose from 368,436 to 392,792 The inventory bottom for 2022 was 240,194 The peak for 2023 so far is 472,680 For context, active listings for this week in 2015 were 1,182,681 The growth in housing inventory this year has been (..)

Inventory 523

Inventory Housing Market Marketing New Listings 523

Housing Wire

MARCH 8, 2025

Does this indicate that the housing market is beginning to wake up just in time for spring? I’ve noticed that housing data tends to improve when mortgage rates drop from 6.64% to 6%, especially when I adjust for seasonal demand. ” Labor over inflation, anyone? Weekly inventory change (Feb.

Mortgage 451

Mortgage Inventory New Listings Housing Market 451

Housing Wire

OCTOBER 20, 2022

Real estate investors purchasing distressed properties at foreclosure auction have been telegraphing a possible housing market slowdown for the last six months. A deeper dive into foreclosure buyer behavior shows which markets are most likely to see a home price correction in the next six months.

Housing Market 459

Housing Market Buyers Marketing Investors 459

Housing Wire

JUNE 4, 2023

the chart below shows the clear trend, which is why tracking inventory with rates higher now will be critical to see if there is any way to stop this reality.

Inventory 468

Inventory Housing Market Marketing New Listings 468

Housing Wire

FEBRUARY 8, 2025

The new listing data for last week over the previous several years: 2025: 53,863 2024: 51,874 2023: 44,533 Price-cut percentage In an average year, about one-third of all homes typically experience a price cut, which reflects the usual dynamics of the housing market. Weekly inventory change (Jan.

Mortgage 492

Mortgage Inventory New Listings Contracts 492

Housing Wire

NOVEMBER 5, 2024

million additional renter households and marks the second-fastest yearly pace of growth since 2015. This rate of growth is three times faster than the 0.9% increase in homeowner households, which now total 86.9 Notably, the 2.7% increase represents 1.18 The median asking rent was up 0.6%

Construction 418

Construction Housing Market Finance Marketing 418

Housing Wire

JUNE 25, 2023

More importantly, it showed that the days on market dropped back to the teenager level, which means we are once again in a savagely unhealthy housing market. Nothing good is happening in housing when days on market are so low. Also, NAR updated its inventory report showing a year-over-year decline in inventory.

Inventory 435

Inventory Housing Market Marketing New Listings 435

Housing Wire

FEBRUARY 23, 2025

Now lets look at the rest of the data impacting the housing market. Mortgage spreads The housing market would be having a much different conversation today if mortgage spreads hadnt improved in 2024 and now in 2025. As you can see in the chart below, we are 36 basis points lower than the peak of what we saw on Jan.

Government 468

Government Mortgage Inventory New Listings 468

Housing Wire

MARCH 16, 2024

Last year, II picked up on the trend that new listing data was creating a historical bottom as the data line wasn’t heading lower with higher rates.

Housing Market 511

Housing Market Inventory Marketing New Listings 511

Housing Wire

JULY 16, 2023

The week ahead: Housing report s The week ahead has a host of housing reports: the builder’s confidence index, housing starts, and the existing home sales report will give us a dose of what is happening with the national housing market.

Housing Market 370

Housing Market Marketing Inventory New Listings 370

Housing Wire

JULY 30, 2023

With the 10-year yield close to 4%, it will be a critical week for the bond market. If the labor data shows wage growth cooling down and being less tight, that can be very helpful for the bond market to head lower and drive down mortgage rates.

Housing Market 370

Housing Market Marketing Inventory New Listings 370

Housing Wire

MARCH 19, 2023

The housing market was crazy again last week. Mortgage rates fell as the banking crisis got worse and purchase application data grew for the second week in a row, but the big question is: Did we hit the seasonal bottom in housing inventory? However, you don’t need to be a rocket scientist or have a Ph.D.

Housing Market 397

Housing Market Marketing Inventory New Listings 397

Appraisal Buzz

NOVEMBER 14, 2024

housing market.” Stowell has held various roles at Standard Pacific Homes from 1986-2015, advancing through the company to serve as CEO beginning in 2012. in 2015, the result of the merger of Standard Pacific Homes and the Ryland Group, Stowell served as the Executive Chairman of CalAtlantic Group Inc.

Construction 221

Construction Investing Government Real Estate 221

Housing Wire

MARCH 12, 2023

Last week was wild, and not just for the housing market. Weekly inventory change (March 3 – March 10): Fell from 418,736 to 412,535 Same week last year: (March 4 – March 11): Rose from 240,194 to 247,320 To give you some perspective, active listings during this week in 2015 were 960,231, rising steadily from earlier.

Housing Market 370

Housing Market Mortgage Marketing Inventory 370

Housing Wire

JULY 23, 2023

Weekly inventory change (July 14-July 21): Inventory rose from 470,458 to 479,273 Same week last year (July 15-July 22): Inventory rose from 508,633 to 525,548 The inventory bottom for 2022 was 240,194 The inventory peak for 2023 so far is 479,273 For context, active listings for this week in 2015 were 1,202,909 As you can see below, the slope of the (..)

Inventory 370

Inventory Housing Market Marketing New Listings 370