Housing Wire

DECEMBER 30, 2024

Rising supply is one of the housing market highlights of 2024, according to HousingWire Lead Analyst Logan Mohtashami , who said that housing inventory is approaching levels seen in 2019 before the COVID-19 pandemic. That share is 460 basis points higher than a year ago, and it’s the highest share since November 2019.

Inventory 488

Inventory Sellers Housing Market Contracts 488

Appraisal Buzz

JANUARY 14, 2025

since 2019. increase since 2019. since 2019, while Floridas payments increased 9.5% since 2019, while Floridas payments increased 9.5% Both states have seen home prices grow well above the national average, with Georgia recording a 65% increase and Florida a 73% jump since 2019. The median U.S. annually and 47.5%

Property Taxes 435

Property Taxes Government Mortgage Buyers 435

Appraisal Buzz

OCTOBER 28, 2024

more than they would have in 2019, the median monthly property tax payment has increased the greatest during that time, reaching $205. to $228 since 2019), according to a Redfin analysis of property taxes for single-family homes among the 50 most populous U.S. Top 5 Metro Areas Where Property Taxes Have Increased Most Since 2019 U.S.

Property Taxes 349

Property Taxes Home Value Government HOA 349

Appraisal Buzz

DECEMBER 2, 2024

Realtor.com began publishing regular monthly rental trends reports in October 2020 with data history stretching back to March 2019. higher than in the fall of 2019, before the pandemic. That’s still just $40 (-2.3%) lower than its August 2022 peak, and is $272 (18.8%) higher than the same time period in 2019. That’s down -3.6%

Advertising 396

Advertising Construction Marketing Appraisal 396

Appraisal Buzz

MARCH 18, 2025

However, since 2019, renting has become more appealing, even for the wealthy, as the cost of purchasing a property in major metro areas has increased more than the cost of renting. between 2000 and 2019. in 2019 to 5.4%, which is the biggest drop among the top 50 metro areas. of renters are wealthy, up from 4.8%

HOA 387

HOA Real Estate Agent Tenants Real Estate 387

Housing Wire

MARCH 31, 2025

.” Population growth in Tampa has significantly rebounded with nearly 52,000 new residents in 2022-2023, up from a loss of nearly 13,000 in 2019-2020. Insurance market freefall Florida’s property insurance crisis has reached catastrophic levels with average annual premiums jumping 60% since 2019, Cotality reported.

Insurance 388

Insurance Property Taxes Construction Transportation 388

Appraisal Buzz

JANUARY 16, 2025

properties in 2024, down 10% from 2023, down 1% from 2022, and down 35% from 2019, before the pandemic shook up the market. housing units, down slightly from 0.25% in 2023, and down from 0.36% in 2019, and down from a peak of 2.23% in 2010. Foreclosure filings in 2024 were also down 89% from a peak of nearly 2.9 million in 2010.

Lending 389

Lending Investors Housing Market Marketing 389

Housing Wire

DECEMBER 9, 2024

The number of unsold homes on the market is finally getting closer to 2019 levels. Its now only 17% fewer homes on the market than at the end of 2019. We use 2019 as a proxy for normal times before the pandemic craziness hit even though the unsold inventory in 2019 had been declining for most of the previous decade.

Housing Market 418

Housing Market Marketing Inventory Sellers 418

Appraisal Buzz

JANUARY 13, 2025

2019 Median listing price -1.8% (to $402,502) +34.2% Nevertheless, inventories is still slowly returning to levels seen in 2017 and 2019. Homebuyers should be aware that this December is the slowest month of 2024 overall and the slowest December since 2019 due to days on market. 2023 Change over Dec. New listings +0.9% -11.0%

Inventory 354

Inventory New Listings Sellers Marketing 354

Housing Wire

FEBRUARY 5, 2025

One was from 2008-2019 and the other was from 2020-2024. These were my variables written in 2019, which still hold up today: 1. From Census : The homeownership rate of 65.7 percent was virtually the same as the rate in the fourth quarter 2023 (65.7 percent) and not statistically different from the rate in the third quarter 2024 (65.6

Buyers 454

Buyers Housing Market Marketing Mortgage 454

Housing Wire

JANUARY 7, 2025

NetCredit reported that Detroit has received $1 billion in investments since 2019 to benefit senior and low-income homebuyers. NetCredit referenced a recent report from Arizona State University that highlighted a 72% increase in statewide rent prices between 2010 and 2022, alongside a home-price increase of 57% between 2019 and 2023.

Development 418

Development Investing Buyers Mortgage 418

Appraisal Buzz

DECEMBER 10, 2024

Inventory on the Rise While the nations housing inventory remains a challenge, a recovery is underway, with the number of homes for sale in November notching the highest mark since December 2019. Compared with the typical November from 2017 to 2019 before COVID-19, the South saw the smallest gap in inventory, down just 1.4%

Housing Market 418

Housing Market Marketing Inventory Government 418

Housing Wire

FEBRUARY 5, 2025

Auction.com noted that the 99,000 foreclosure sales, even if they came to fruition, would still represent less than half the 210,000 transactions that took place in 2019 prior to the COVID-19 pandemic. The 322,000 filings last year means that roughly one in four properties that enter the foreclosure process wind up being sold at auction.

Retail 417

Retail Renovations Buyers Finance 417

Housing Wire

FEBRUARY 20, 2025

In 2019, 47% of Black homebuyers were purchasing for the first time, a figure that plunged to 35% in 2021 after the COVID-19 pandemic. Still, despite these obstacles, the Black homeownership rate increased more between 2019 and 2024 than the rate for whites, and only Hispanic households experienced a higher rate of growth, Zillow reported.

Housing Market 357

Housing Market Buyers Law Lending 357

Appraisal Buzz

JANUARY 30, 2025

January 2025Housing Metrics National Metric Change over January 2024 Change over January 2019 Median listing price -2.2% (to $400,500) +38.4% The inventory gap is also the smallest in the South (-10.0%) and West (-13.3%) when comparing inventory levels to pre-pandemic (2017-2019) levels. below than average levels from 2017 to 2019.

Sellers 332

Sellers Inventory New Listings Contracts 332

Appraisal Buzz

JANUARY 7, 2025

The rate of home sales and home listings are both down at least 30% from 2019. Some 31% fewer homes were sold this year than in the previous pre-pandemic year in 2019 (36 of every 1,000) An estimated 37.5% fewer homes were sold this year than during the peak of the pandemic buying frenzy in 2021 (40 of every 1,000).

Property Taxes 365

Property Taxes Real Estate Agent Mortgage Agents 365

Housing Wire

MARCH 31, 2025

Ive highlighted this year in purple, last year in blue, and the 2019 curve in green. 2019 started a bit slow. By the end of 2019, interest rates were down, so housing demand was up. Inventory started falling pretty quickly in the second half of 2019. We ended 2019 with 782,000 single-family homes unsold on the market.

New Listings 313

New Listings Inventory Housing Market Sellers 313

Housing Wire

OCTOBER 24, 2024

The latest investment — led by New York investment firm WestCap and Silicon Valley venture capital giant Andreessen Horowitz — brings the total amount of capital raised by Valon to $230 million since its launch in 2019. The firm is currently valued at $1.1

Mortgage 448

Mortgage Real Estate Agent Technology Real Estate 448

Housing Wire

JANUARY 8, 2025

Detroit-based Ally Financial exited the mortgage business in 2012, reentered in 2016 with the launch of its direct-to-consumer mortgage platform, Ally Home, and went fully digital in 2019 through a partnership with Better.com.

Business 418

Business Mortgage Loan Officers Investing 418

Housing Wire

NOVEMBER 7, 2024

Scalone has been an agent since 2019 and opened his own insurance company, Dignified. That being said, if we’re looking at a single-family home back in 2019 — let’s say, 1,500 square feet in San Diego — it’s going to cost you $1,300 a year. Insurance Services , in March.

Insurance 482

Insurance Supply Chain Real Estate Design 482

Housing Wire

NOVEMBER 22, 2024

What’s more, operating costs for apartment and SFR (single-family rental) operators are up significantly since 2019 due to higher property taxes, insurance, and payroll costs. “Apartment rents have dropped by nearly 15% in two years, which is warp speed for the housing market. Meaning that margins are being aggressively compressed.

Marketing 370

Marketing Housing Market Property Taxes Construction 370

Appraisal Buzz

DECEMBER 5, 2024

As native-born household formation increased leading up to the pandemic, the share of growth from foreign-born households decreased to 23% between 2015 and 2019.

Construction 418

Construction Housing Market Marketing Buyers 418

Appraisal Buzz

OCTOBER 23, 2024

The average number of bids per REO sold in Q3 2024 was still 24% higher than the 2019 average, indicating that demand at REO auctions is still considerably above pre-pandemic levels despite this decreasing trend. This demand indicator was still 39% higher than the 2019 average, even with the recent decline. and from 57.3% in July.

Retail 370

Retail Marketing Inventory Buyers 370

Housing Wire

JANUARY 9, 2025

In contrast, during the pandemic, the median-price peak jumped from $279,000 in 2019 to $319,000 in 2021 before falling to $310,000 in 2022. But that was down substantially from the 46,054 listings in early January 2019, according to Altos data. As of Jan.

Housing Market 418

Housing Market Inventory Marketing Sellers 418

Appraisal Buzz

JANUARY 22, 2025

annually, which is somewhat less than the mid-3% rise observed in 2018 and 2019, while detached home rents are up 4.4%, which is comparable to their trajectory prior to the pandemic. in December 2019. December saw just under 1 million properties on the market countrywide, which is more than any December since 2019.

Inventory 370

Inventory Home Value Tenants Property Management 370

Housing Wire

DECEMBER 2, 2024

Left Lane Capital was founded in 2019 with a focus on consumer-facing internet and technology companies. Camber Creek was founded in 2011 with a focus on real estate and it has almost $1 billion in assets. Among the companies it has invested in are Flex , Bilt Rewards , Proof , Curbio , VTS and HappyCo.

Development 418

Development Brokerage Technology Real Estate 418

Appraisal Buzz

MARCH 13, 2025

Between 2019 and 2022, the median net worth of single women grew from $54,400 to $74,500. Each mortgage payment serves as a form of forced savings, helping homeowners build wealth over time. Historically, homeownership has been a major wealth-building tool in the U.S., and single women are taking full advantage.

Housing Market 394

Housing Market Marketing Home Value Tools 394

Housing Wire

JANUARY 7, 2025

According to the lawsuit, from February 2019 to February 2020, Experian allegedly deleted over 100,000 disputed tradelines instead of completing required reinvestigations within 30 days. Some of this information was later reinserted into consumer reports.

Law 418

Law Finance Real Estate Business 418

Housing Wire

MARCH 27, 2025

percentage points larger than pre-pandemic (2019) levels. The median down payment in 2024 was more than double that of 2019, while the average percentage of the purchase price paid upfront rose by over 3 points. For all of 2024, buyers put down an average of $29,900, or 14.4% Down payments were 3.4

Buyers 230

Buyers Inventory Housing Market Government 230

Housing Wire

DECEMBER 20, 2024

The class-action suit was filed in 2019 in a U.S. According to a notice filed last week and entered into the court docket on Thursday, the parties have reached a class-wide settlement in principle and are working to finalize a fully integrated settlement agreement. District Court in Northern California.

Brokerage 396

Brokerage Agents Legal Real Estate 396

Housing Wire

JANUARY 22, 2025

But for-sale inventory is improving as the number of listings in December totaled nearly 1 million, the most for the final month of the year since 2019. An ongoing lack of supply of homes for sale is also fueling demand for rental units, Zillow reported.

Inventory 448

Inventory Home Value Housing Market Buyers 448

Housing Wire

DECEMBER 20, 2024

higher year over year and 17% above 2019 levels. The election was over it was time to move on. Zonda reported a rebound in new-home sales. Its data showed that November sales activity was 15.7% The data provider calculated a seasonally adjusted annualized rate of 740,636 new homes sold in November up 3.1% from October 2024.

Buyers 393

Buyers Construction Marketing Mortgage 393

Housing Wire

APRIL 2, 2025

He is a board member of the Council of Multiple Listing Services and chaired the organization in 2019. Carrillo has served as CEO of Metro MLS for 14 years and previously led Centralized Real Estate Information Services MLS in Akron, Ohio.

Real Estate 261

Real Estate 261

Housing Wire

DECEMBER 11, 2024

Lindblom was named a HousingWire HW Woman of Influence in 2019 and has won the HousingWire Vanguard award twice, in 2020 and 2023. Lindblom also spent five years at Stearns Wholesale between 2012 and 2017 as the managing director of national fulfillment and operations.

Mortgage 369

Mortgage Lending 369

Housing Wire

JANUARY 22, 2025

A report by property data provider CoreLogic found that tax payments climbed 27% between 2019 and 2024. . “Its clear from this survey that lenders are doing a good job of making escrow account information available to borrowers, but some homeowners still feel undereducated,” Walsh added.

Property Taxes 397

Property Taxes Insurance Mortgage Government 397

Housing Wire

JANUARY 24, 2025

district court in Northern California in 2019. This is a lesson that agents at Coldwell Banker and NRT learned the hard way as they and their parent company, Anywhere Advisors , were named in a TCPA suit filed in a U.S. Anywhere announced last month that it had settled the Bumpus suit after five-plus years of litigation.

Real Estate Agent 396

Real Estate Agent Real Estate Agents Brokerage 396

Housing Wire

JANUARY 7, 2025

In these roles, he oversaw the acquisitions of Shugart Homes in 2019 and CraftMaster Homes in 2021. Shiley, who has been with Mungo Homes for nearly 20 years, most recently held the titles of president and chief operations officer. Geoff Shiley Its an honor to step into the role of CEO, Shiley said in a statement.

Business 393

Business Marketing Housing Market 393