Housing Wire

DECEMBER 21, 2024

21): Inventory fell from 538,767 to 528,601 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 1,013,245 New Listings New listings data is showing a typical decline for this time of year.

Housing Market 505

Housing Market Marketing Inventory New Listings 505

Housing Wire

FEBRUARY 8, 2025

The last two years were the two lowest new listings data years in history. Weekly inventory change (Jan. 31-Feb 7): Inventory fell from 634,979 to 632,367 The same week last year (Feb. Last year, I had forecasted we would get at least 80,000 per week during the seasonal peak months, but It didnt happen.

Mortgage 492

Mortgage Inventory New Listings Contracts 492

Housing Wire

OCTOBER 13, 2024

Remember that 2023 had the lowest new listings data ever and 2024 will have the second lowest. Here are new listings for last week over the past several years: 2024: 62,876 2023: 57,229 2022: 59,458 Price-cut percentage In an average year, one-third of all homes take a price cut — this is standard housing activity.

Inventory 511

Inventory New Listings Retail Mortgage 511

Housing Wire

MARCH 6, 2025

For example, from 2015 to late 2019, inventory levels remained above 7,000 for single-family homes. New listings remain low as owners lock in Altos’s data for new listings accounts for single-family homes that come to market without an immediate or pending contract. Whats the reason for this? housing market.

Inventory 344

Inventory New Listings Government Housing Market 344

Housing Wire

MARCH 8, 2025

The last two years were the two lowest years for new listings data in history, and they were also not healthy years for the latest listings data. Last year, I had high hopes that we would see at least 80,000 new listings per week during the peak seasonal months, but unfortunately, that didnt come to fruition.

Mortgage 451

Mortgage Inventory New Listings Housing Market 451

Housing Wire

FEBRUARY 23, 2025

The last two years were the two lowest new listings data years in history, and they were also not healthy years for the new listings data. The last two years were the two lowest new listings data years in history, and they were also not healthy years for the new listings data.

Government 468

Government Mortgage Inventory New Listings 468

Housing Wire

MARCH 3, 2025

New listings New listings also dipped for the second week in a row. Theres probably some weather effects in there, and I expect to see a jump in the new listings volume in next weeks data. There were just over 53,000 new listings unsold, plus another 10,000 new listings immediate sales.

New Listings 374

New Listings Inventory Contracts Sellers 374

Housing Wire

AUGUST 27, 2023

Did the recent move in higher mortgage rates impact the new listings data more than normal? I hope this isn’t the case, but we had a noticeable move lower in new listings last week. Weekly active listings rose by only 6,618. The Fed spoke at Jackson Hole last Friday but that didn’t move mortgage rates much.

New Listings 370

New Listings Mortgage Inventory Marketing 370

Appraisal Buzz

FEBRUARY 11, 2025

New Redfin data reported the largest gain since the end of last year occurred in the four weeks ending February 2, when new listings of homes for sale in the U.S.increased 7.9% A larger pool of options is becoming available to homebuyers as a result of the increase in new listings and the decline in sales.

New Listings 248

New Listings Agents Sellers Housing Market 248

Housing Wire

SEPTEMBER 16, 2023

The last four weeks of new listings data have been the most volatile since mortgage rates breached 6% in 2022. One week, we had the biggest decline in new listings data all year, which might indicate Americans are giving up on listing their homes. What’s going on with housing inventory ? 18: 60,295 Aug.

Inventory 505

Inventory New Listings Housing Market Mortgage 505

Housing Wire

APRIL 23, 2023

Here’s a quick rundown of the last week: Active listings rose by 8,546 , and new listing data showed some growth. If that is the case, then this week’s gain in active inventory and new listings needs to be taken with a grain of salt until we get next week’s data. However, I will take what I can now.

Inventory 545

Inventory Housing Market Marketing New Listings 545

Housing Wire

JULY 13, 2024

The seasonal decline period is starting soon, so we should get accustomed to seeing a decline in new listing data as the year heads toward its end. It is a bit shocking to me that new listings this week are lower than even last year: This is the lowest new listing week ever recorded.

Mortgage 514

Mortgage New Listings Inventory Contracts 514

Housing Wire

MAY 21, 2023

New listings data fell, however, active inventory grew. Here’s a quick rundown of the last week: Total active listings grew by 3,809 weekly, but new listings are still trending at all-time lows. However, at this time last year, we saw some new listings growth versus 2021 levels. million to 1.04

Housing Market 511

Housing Market Marketing Inventory New Listings 511

Housing Wire

AUGUST 24, 2024

Since the buyer’s commission payout isn’t as transparent as before, I have been anticipating delays in the home-buying process as people adapted to the new rules. 2024 is the second-lowest new listing year recorded in history, but we still saw growth from last year, which is a positive. Weekly inventory change (Aug.

Inventory 504

Inventory New Listings Sellers Mortgage 504

Housing Wire

DECEMBER 9, 2023

Here is the price cut percentage data for the same week in other years: 2023 38% 2022 42% 2021 27% As you can see, affordability is an issue, and the price cut percentage is higher now than in any period from 2015-2021, but still below 2022 levels. Now lets take a look at the weekly inventory data. the seasonal peak this year was on Nov.

Mortgage 534

Mortgage Inventory New Listings Sellers 534

Housing Wire

DECEMBER 30, 2023

Since I believe most home sellers are also homebuyers, once new listings created a new low level after mortgage rates reached over 6% in 2022, it added another layer of home demand falling off a cliff. What we want to see in 2024 is new listing data growing in the spring season. Weekly inventory change (Dec.

Inventory 521

Inventory New Listings Housing Market Mortgage 521

Housing Wire

APRIL 30, 2023

Weekly housing inventory Since new listing data was trending at all-time lows in 2023, some feared we wouldn’t see the typical spring inventory increase. After the last few weeks , we can put that fear aside: we are finally getting the seasonal increase in active listing. This link explains the difference and is worth a read.

Inventory 525

Inventory Housing Market Marketing New Listings 525

Housing Wire

MAY 4, 2024

I wish new listings were growing faster, but I will call it a victory nonetheless. We saw a slight decline in new listings data week to week. We saw a slight decline in new listings data week to week. For now, I will chalk this up to the seasonal choppiness we sometimes see with inventory data.

Inventory 501

Inventory Mortgage New Listings Marketing 501

Housing Wire

SEPTEMBER 24, 2023

On housing inventory , new listings data saw a small decline last week, but active listings grew at a healthy clip. We have had some volatile weekly numbers in the new listings data recently, but even with the mortgage rate spike, the decline was orderly, as it has been all year.

Mortgage 501

Mortgage Inventory New Listings Housing Market 501

Housing Wire

MAY 25, 2024

I have been slightly disappointed in the new listing data only because I was sure we would get a print above 80,000 this year and was hoping for a range of 95,000-110,000 in the peak seasonal period. Remember, for next week, new listings data will take a Memorial Day hit lower as it does each year, and then it rebounds.

Inventory 521

Inventory Mortgage New Listings Marketing 521

Housing Wire

AUGUST 17, 2024

While I didn’t get my minimum target of 80,000 new listings during this year’s peak seasonal weeks, I am pleased we saw growth. While I didn’t get my minimum target of 80,000 new listings during this year’s peak seasonal weeks, I am pleased we saw growth. Weekly inventory change (Aug.

Inventory 518

Inventory Mortgage New Listings Contracts 518

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. The growth isn’t just in active inventory but also new listings. Weekly housing inventory data The best housing story for 2024 so far is that inventory is growing yearly.

Mortgage 521

Mortgage Inventory New Listings Housing Market 521

Housing Wire

APRIL 20, 2024

Of course, what is different this year versus last year is that new listing data is growing yearly instead of trending at the lowest levels recorded in history. Last year, when mortgage rates headed toward 8% , we saw no negative hit to the latest listings data, meaning it didn’t take a new leg lower.

Inventory 514

Inventory New Listings Mortgage Finance 514

Housing Wire

JUNE 8, 2024

Weekly housing inventory data I can’t stress enough that the best story for 2024 has been that active inventory and new listing data is growing. It doesn’t look like I will reach my assumed easy target of 80,000 new listings. However, the real story is that we see year-over-year growth, which is a plus.

Mortgage 508

Mortgage Inventory New Listings Contracts 508

Housing Wire

MAY 15, 2024

After an initial rush to get to market in Q2 2022, new listings volume fell precipitously. In July 2022, new listings volume per week dropped from 90,000 at the end of June to approximately 74,000 just after the July 4th holiday. By Q1 2015, more than 60% of American homeowners with mortgages had rates locked in under 5%.

Mortgage 459

Mortgage New Listings Inventory Sellers 459

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

SEPTEMBER 10, 2023

Last week we saw a noticeable decline in new listings and active inventory was barely positive. New listing data is getting interesting: two weeks ago, we had a noticeable decline from the trend and then a weekly rebound. Does this mean housing inventory has begun its seasonal decline?

Inventory 518

Inventory New Listings Retail Mortgage 518

Housing Wire

NOVEMBER 25, 2023

18): Inventory fell from 569,571 to 564,571 The inventory bottom for 2022 was 240,194 The inventory peak for 2023 so far is 569,898 For context, active listings for this week in 2015 were 1,104,514 New listings data fell weekly but showed positive year-over-year growth. Weekly inventory change (Nov.

Inventory 537

Inventory Mortgage New Listings Buyers 537

Housing Wire

JUNE 1, 2024

Remember that even though we are showing growth year over year — 2023 was the lowest levels of new listings ever recorded in history. This week, the data did dive, but it was the traditional drop we see during the Memorial Day weekend and we will have a rebound in the data line next week.

Mortgage 520

Mortgage Inventory New Listings Housing Market 520

Housing Wire

DECEMBER 23, 2023

This got tested in 2023 with 8% mortgage rates ; not only did that not happen, but the new listing data was very stable, meaning it was forming a bottom. Historically speaking, 2021 and early 2022 were the two lowest ever in new listings data. Weekly inventory change : (Dec.15-22)

Housing Market 538

Housing Market Marketing Inventory New Listings 538

Housing Wire

JUNE 15, 2024

As most sellers are buyers, seeing more sellers listing their homes has been good. The only thing about 2024 was that I was 100% sure we would see a seasonal peak print at a minimum of 80,000 and it’s starting to look more and more like it won’t happen this year as the seasonal decline in new listings isn’t far away.

Mortgage 508

Mortgage Inventory Marketing New Listings 508

Housing Wire

FEBRUARY 17, 2024

We should see the seasonal bottom soon and then the traditional increase in active inventory to match the growth in new listings data. This also assumes that new listing data stays on its path for growth year over year. However, 2023 was the lowest new listings data pool ever, which was an unhealthy outcome.

Mortgage 536

Mortgage Inventory New Listings Housing Market 536

Housing Wire

MARCH 30, 2024

The best housing story in 2024 is that inventory is growing — both active inventory and new listings. Still, new listing data is a positive story. Still, new listing data is a positive story. As we head into April, let’s see where we’re at on the Inventory side as are officially into spring.

Inventory 501

Inventory New Listings Mortgage Housing Market 501

Housing Wire

AUGUST 4, 2024

While I didn’t get my minimum target of 80,000 new listings during the peak seasonal weeks this year, it was good to see growth. While I didn’t get my minimum target of 80,000 new listings during the peak seasonal weeks this year, it was good to see growth. Weekly inventory change (July 26-Aug.

Mortgage 518

Mortgage Inventory New Listings Housing Market 518

Housing Wire

MAY 7, 2023

Just when I thought it was safe to say we were getting more traditional spring housing inventory , we hit a snag last week, as active inventory and new listings declined. New listing data was trending at all-time lows in 2021 abd 2022 and now it’s creating a new all-time low trend in 2023.

Inventory 505

Inventory Housing Market Marketing New Listings 505

Housing Wire

MAY 14, 2023

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. Here’s a quick rundown of the last week: Total active listings grew 662 weekly, and new listing data is still trending at all-time lows. This doesn’t appear to be the case for 2023.

Housing Market 488

Housing Market Marketing Inventory New Listings 488

Housing Wire

MARCH 16, 2024

Weekly housing inventory data The one positive story for me in housing this year is that inventory is growing year over year for both active inventory and new listing data. 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