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 530

Housing Market Marketing Inventory New Listings 530

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 495

Housing Market Marketing Inventory New Listings 495

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 476

Inventory Housing Market Marketing New Listings 476

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 475

Inventory Housing Market Marketing Mortgage 475

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 510

Inventory Housing Market Marketing New Listings 510

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 522

Inventory Housing Market Marketing New Listings 522

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 539

Housing Market Marketing Mortgage Inventory 539

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 503

Inventory Housing Market Marketing New Listings 503

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 472

Housing Market Marketing Inventory New Listings 472

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 449

Housing Market Marketing Inventory New Listings 449

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 465

Housing Market Mortgage Inventory Marketing 465

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 456

Housing Market Marketing Inventory Construction 456

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 480

Inventory Housing Market Marketing New Listings 480

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

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 469

Inventory Housing Market Marketing Mortgage 469

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 443

Inventory Housing Market Marketing New Listings 443

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 432

Housing Market Marketing Inventory New Listings 432

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 439

Housing Market Buyers Marketing Investors 439

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 327

Mortgage Insurance Finance Development 327

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

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 434

Inventory Housing Market Marketing New Listings 434

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 450

Housing Market Inventory Marketing New Listings 450

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 365

Housing Market Marketing Inventory New Listings 365

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 344

Housing Market Marketing Inventory New Listings 344

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 383

Housing Market Marketing Inventory New Listings 383

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 369

Housing Market Mortgage Marketing Inventory 369

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 356

Inventory Housing Market Marketing New Listings 356

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.

Real Estate 467

Real Estate Housing Market Insurance Mortgage 467

Appraisal Buzz

DECEMBER 5, 2024

The recent surge in immigration to the United States has ignited discussions about its potential effects on the housing market, particularly concerning housing costs. Senior Research Analyst Riordan Frost from the Harvard Joint Center for Housing Studies, recently took a deeper dive into the impact of immigration on the U.S.

Construction 418

Construction Housing Market Marketing Buyers 418

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.

Housing Market 352

Housing Market Marketing Contracts Lending 352

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 454

Mortgage Inventory Investors Sellers 454

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

Housing Wire

JULY 26, 2022

This data line confirms what we all know to be the case: The housing market, at least as it relates to construction, is in a recession. Since the summer of 2020, I have genuinely believed the housing market could change once the 10-year yield broke over 1.94%. In response, they stalled construction for 30 months.

Construction 514

Construction Housing Market Inventory Marketing 514

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.

Inventory 487

Inventory Marketing Housing Market New Listings 487

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 478

Inventory New Listings Housing Market Mortgage 478

Housing Wire

JANUARY 8, 2025

Heading into the 2025 housing market, we havent had this many homeowners with mortgage rates over 6% since 2016. In the next few years, this implies better opportunities for beleaguered homebuyers who have been battling for scraps of inventory since 2015. According to the latest FHFA data , as of Q3 2024, 17.2%

Mortgage 468

Mortgage Inventory Finance Sellers 468

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.

Inventory 499

Inventory New Listings Housing Market Mortgage 499