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.

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Inventory Housing Market Marketing New Listings 538

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.

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Inventory Housing Market Marketing New Listings 491

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.

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Inventory Housing Market Marketing New Listings 458

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.

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Mortgage Insurance Finance Development 373

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!

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Inventory Housing Market Marketing New Listings 493

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%.

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Inventory Housing Market Marketing Mortgage 450

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 491

Inventory Housing Market Marketing New Listings 491

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.

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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.

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Housing Market Marketing Inventory New Listings 369

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.

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Housing Market Marketing Inventory New Listings 448

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.

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Inventory Housing Market Marketing New Listings 410

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 (..)

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Inventory Housing Market Marketing New Listings 516

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.

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Housing Market Buyers Marketing Investors 431

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.

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Housing Market Inventory Marketing New Listings 493

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 (..)

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Inventory Housing Market Marketing 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.

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Housing Market Marketing Inventory New Listings 384

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.

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Housing Market Mortgage Marketing Inventory 370

Housing Wire

MARCH 10, 2023

Stubborn inflation and high interest rates continue to wreak havoc on the mortgage-origination market, but there is one asset class in the housing market that is arguably flourishing in these hard times – home equity. Our previous best year for HELOCs was 2015, and that was about $320 million,” he added.

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Housing Market Marketing Contracts Lending 370

Housing Wire

MARCH 5, 2024

Most home sellers are buyers of homes, so the action we are seeing this year is a healthy step in the right direction to get more balance in the housing market ,” Mohtashami wrote on Saturday. For context, active listings during the same time frame in 2015 were substantially higher at 958,304. Between Feb.

Mortgage 458

Mortgage Inventory Investors Sellers 458

Housing Wire

AUGUST 4, 2024

Weekly housing inventory data The best story in 2024 has been inventory growth. We can’t have a functional housing market with the inventory levels we saw from 2020-2023. This year we’ve gotten enough inventory growth to create a buffer so we don’t have another savagely unhealthy housing market when mortgage rates fall.

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Mortgage Inventory New Listings Housing Market 511

Housing Wire

JUNE 6, 2022

At CoreLogic, Nothaft headed the office of the economist, providing analysis, commentary and forecasting trends in global real estate, insurance and mortgage markets. Prior to joining CoreLogic in 2015, Nothaft had a nearly 30-year career at Freddie Mac, where he was most recently the chief economist. Henry Wallich.

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Real Estate Housing Market Insurance Mortgage 450

Housing Wire

DECEMBER 30, 2023

Going into 2023, people thought housing inventory would skyrocket, home prices would crash, and we would see the housing market of 2008 all over again. We created this weekly tracker at the end of 2022 to give people a live weekly outlook on everything that drives the housing market and which factors to follow.

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Inventory New Listings Housing Market Mortgage 514

Housing Wire

SEPTEMBER 16, 2023

9): Inventory rose from 547,222 to 552,042 The inventory bottom for 2022 was 240,194 The inventory peak for 2023 so far is 518,626 For context, active listings for this week in 2015 were 1,201,196 One of the data lines I will incorporate weekly going forward is the price cut percentage.

Inventory 490

Inventory New Listings Housing Market Mortgage 490

Appraisal Buzz

JULY 16, 2024

Updating a survey that was previously conducted in 2015, 2018, and 2023, Fannie Mae released the results of a consumer survey that uncovered opportunities to close knowledge gaps around mortgage qualifications and underscored the need to continue to improve education around the mortgage buying process.

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Government Mortgage Housing Market Investing 397

Housing Wire

OCTOBER 21, 2023

Weekly housing inventory data One of my concerns with higher rates has been whether new listings data would take another leg lower, which wouldn’t be a good thing for the housing market. If the Fed wants to create a job-loss recession, attacking the housing market a second time looks like their target.

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New Listings Mortgage Inventory Housing Market 537

Housing Wire

JANUARY 9, 2023

This article is part of our 2022 – 2023 Housing Market Forecast series. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for this year, along with a roundtable discussion on how these insights apply to your business.

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Housing Wire

SEPTEMBER 28, 2024

However, considering the affordability challenges with the housing market , it’s good to see a flip in the housing data without rates getting under 6%. It will likely take mortgage rates to go under 6% and stay there for an extended period to get real sustained demand growth from record-low sales levels.

Mortgage 519

Mortgage Inventory New Listings Contracts 519

Housing Wire

SEPTEMBER 24, 2023

16-23): Inventory rose from 552,042 to 556,865 The inventory bottom for 2022 was 240,194 The inventory peak for 2023 so far is 527,938 For context, active listings for this week in 2015 were 1,198,033 Historically, one-third of all homes have price cuts every year. According to Altos Research : Weekly inventory change (Sept.

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Mortgage Inventory New Listings Housing Market 477

Housing Wire

JUNE 1, 2024

So, what does this all mean for the housing market and the future of mortgage rates? One thing to remember with the labor data is that it’s no longer a tight labor market, but it hasn’t broken yet. But now we have the big jobs week coming up!

Mortgage 493

Mortgage Inventory New Listings Housing Market 493

Housing Wire

NOVEMBER 18, 2022

On a positive note, however, the days on the market are no longer a teenager anymore: that metric grew from 18 days to 21 days. I cheer because the savagely unhealthy housing market theme I talked about back in February of this year was the same premise of the housing reset talking point the Federal Reserve uses.

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Inventory Marketing Housing Market New Listings 473

Housing Wire

DECEMBER 7, 2022

District Court for the District of Columbia issued an order vacating the 2020 HMDA Final Rule, changing the reporting data on closed-end mortgage loans to 25 from 100 in each of the two preceding years going back to the threshold set in 2015. How to reach the growing segment of Hispanic American homebuyers in 2023. Presented by: Maxwell.

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Mortgage Lending Investors Housing Market 362

Housing Wire

MARCH 23, 2024

Imagine a housing market with just 6% mortgage rates or lower — it would be growing like what we see in the new home sales market. Weekly housing inventory data The best housing story for 2024 so far is that inventory is growing yearly. Year to date, we have had four positive prints versus six negative prints.

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Mortgage Inventory New Listings Housing Market 515

Housing Wire

JUNE 9, 2023

In 2022, mortgage rates got as high as 7.37%, so the question was: how low do rates have to go for housing demand to get better? On June 16, 2022, I put the housing market into a recession , which is where housing demand, housing jobs, housing income and housing production all drop.

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Inventory Housing Market New Listings Mortgage 546

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.

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Inventory Housing Market Marketing Mortgage 545

Housing Wire

MAY 11, 2024

However, this year, even though the spreads are still historically bad, they’ve improved over last year, which is a plus for the housing market. The fact that this data line is now positive is a very promising sign for the housing market. Right now, the difference between them is 2.60%.

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Mortgage Inventory New Listings Housing Market 453

Housing Wire

JANUARY 6, 2024

This is why following the housing market tracker tied to the 10-year yield, mortgage rates, and purchase application data will be as critical as last year to tell you what’s going on in the housing market. Weekly housing inventory data Here is a look at the first week of the year: Weekly inventory change (Dec.

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Inventory New Listings Housing Market Mortgage 542

Housing Wire

SEPTEMBER 27, 2023

That is Maxwell’s second acquisition since its inception in 2015. Maxwell acquired LenderSelect Mortgage Group from Blue Ridge Bank in May to expand its secondary market trading platform, bringing hundreds of new clients to the company’s other solutions. The financial terms of the transaction have not been disclosed.

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Lending Technology Loan Officers Clients 431