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 543

Inventory Housing Market Marketing New Listings 543

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 499

Mortgage New Listings Inventory Contracts 499

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 488

Mortgage Inventory New Listings Contracts 488

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 514

Mortgage Inventory New Listings Housing Market 514

Housing Wire

JANUARY 4, 2025

5): Inventory fell from 513,240 to 499,143 The all-time inventory bottom was in 2022 at 240,497 The inventory peak for 2024 was 739,434 For some context, active listings for the same week in 2015 were 959,028 New listings I am very excited about the new listings data this year. Weekly inventory change (Dec.

New Listings 492

New Listings Inventory Contracts Mortgage 492

Housing Wire

DECEMBER 7, 2024

New listings havent hit the numbers I hoped for this year; I got close, but its off by 5,000. New listings havent hit the numbers I hoped for this year; I got close, but its off by 5,000. Still, one of the best stories in 2024 was the growth we saw in new listings data. Weekly inventory change (Nov.

New Listings 498

New Listings Inventory Contracts Housing Market 498

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 519

Inventory Housing Market Marketing New Listings 519

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 495

Housing Market Marketing Inventory New Listings 495

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 521

Mortgage Inventory New Listings Sellers 521

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 499

Inventory New Listings Housing Market Mortgage 499

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 510

Inventory Mortgage New Listings Contracts 510

Housing Wire

JANUARY 28, 2024

20-27): Inventory fell from 472,852 to 466,391 The inventory bottom for 2022 was 240,194 The inventory peak for 2023 is 569,898 For context, active listings for this week in 2015 were 938,453 Last week, we saw active inventory fall slightly week to week. 19-26) : Inventory fell from 506,414 to 503,233 Same week last year (Jan.

Inventory 523

Inventory New Listings Mortgage Marketing 523

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 491

Mortgage Inventory New Listings Contracts 491

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

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 507

Mortgage Inventory New Listings Housing Market 507

Housing Wire

MARCH 2, 2024

Let’s take a look at the inventory data this year to test this premise, since for many months it has been a working theory of mine that new listings data behavior last year marked a bottom and even going into 2024 we should see more sellers. You can see our debate on this topic here.

Inventory 534

Inventory Mortgage New Listings Housing Market 534

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 481

Inventory New Listings Mortgage Finance 481

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 470

Inventory Mortgage New Listings Marketing 470

Housing Wire

OCTOBER 26, 2024

Since mid-2022 when mortgage rates headed higher , two facts have been apparent: new listings data has been trending at the lowest levels ever recorded in history and inventory has been able to grow from record low levels thanks to mortgage rates staying elevated. Let’s see what the data for last week tells us.

Inventory 494

Inventory Sellers New Listings Mortgage 494

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 524

Inventory Mortgage New Listings Buyers 524

Housing Wire

FEBRUARY 10, 2024

While weekly inventory is still falling, we have year-over-year growth in total active listing and new listings data. For the first time in a while, this was a good week for new listing data. This calls into question a mortgage rate lockdown, as mortgage rates are also higher year over year.

Inventory 511

Inventory New Listings Retail Mortgage 511

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 437

Mortgage Inventory New Listings Housing Market 437

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 427

Inventory Mortgage New Listings Marketing 427

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 503

Inventory Housing Market Marketing New Listings 503

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 519

Housing Market Marketing Inventory New Listings 519

Housing Wire

APRIL 6, 2024

Weekly housing inventory data — both active inventory and new listings — are prone to one-week moves that deviate from a trend, especially if people are going Easter egg hunting. So, the fact that active inventory and new listings data fell last week isn’t a big deal. However, for now, this is a plus for the U.S.

Inventory 450

Inventory New Listings Mortgage Housing Market 450

Housing Wire

DECEMBER 2, 2023

18): Inventory fell from 564,571 to 550,302 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 1,081,712 The one positive inventory story in 2023 is that we formed a bottom in the new listings data! Weekly inventory change (Nov.

Mortgage 542

Mortgage Inventory New Listings Sellers 542

Housing Wire

SEPTEMBER 3, 2023

Mortgage rates did fall, purchase application data rose and new listings data came back to trend. Weekly active listings rose by only 5,654 Mortgage rates went from 7.37% and ended the week at 7.08% Purchase apps rose 2 % week to week Mortgage rates and the bond market The 10-year yield and mortgage rates were wild last week.

Mortgage 476

Mortgage Inventory New Listings Marketing 476

Housing Wire

JANUARY 6, 2024

6): Inventory fell from 490,809 to 471,349 The inventory bottom for 2022 was 240,194 The inventory peak for 2023 is 569,898 For context, active listings for this week in 2015 were 959,028 New listings data This is the year we should all be rooting for new listings data to grow.

Inventory 540

Inventory New Listings Housing Market Mortgage 540

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 412

Inventory New Listings Sellers Mortgage 412

Housing Wire

JANUARY 20, 2024

Housing inventory, new listing data and mortgage rates are all rising, but the price cut data percentages are falling. New listings data While new listings data isn’t growing in significant terms year over year — sorry, silver tsunami crowd — it is showing growth year over year. So far, so good in 2024.

Inventory 537

Inventory Mortgage New Listings Sellers 537

Housing Wire

NOVEMBER 30, 2024

30): Inventory fell from 565,875 to 555,717 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 1,082,020 New listings data Currently, new listings data is experiencing a seasonal decline, with a slight decrease observed last week.

Mortgage 503

Mortgage Inventory New Listings Contracts 503

Housing Wire

SEPTEMBER 15, 2024

However, I missed my 2024 forecast of at least 80,000 new listings per week this year during the seasonal peak months by roughly 5,000. However, I missed my 2024 forecast of at least 80,000 new listings per week this year during the seasonal peak months by roughly 5,000. Weekly inventory change (Sept.

Mortgage 517

Mortgage Inventory New Listings Retail 517

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 450

Housing Market Inventory Marketing New Listings 450

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 498

Mortgage Inventory New Listings Housing Market 498

Housing Wire

APRIL 16, 2023

The seasonal housing inventory bottom evaded us again last week as active listings fell and new listing inventory decreased. Here’s a quick rundown of the last week: Active inventory fell 5,383 last week, and new listing data is still trending at all-time lows in 2023.

Inventory 522

Inventory Housing Market Marketing New Listings 522

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 427

Inventory New Listings Mortgage Housing Market 427