Housing Wire

DECEMBER 3, 2020

Even prior to the pandemic , housing inventory had hit record lows, and the problem has only gotten worse as demand continues to rise. Total home sales are outpacing new listings by a wide margin every month, and real estate tech company Homesnap foresees the shortage continuing in 2021 unless more sellers enter the market.

Inventory 546

Inventory Housing Market Marketing New Listings 546

Housing Wire

DECEMBER 23, 2023

housing market and that they need to be pro-housing again. Even with all the drama we have dealt with in 2022-2023, the housing market stayed intact and never broke. However, one thing is sure: from 2020 to 2023 we never saw credit-stressed home sellers. Weekly inventory change : (Dec.15-22)

Housing Market 538

Housing Market Marketing Inventory New Listings 538

Appraisal Buzz

MARCH 14, 2025

Nationwide, active listings rose 10.7% month-over-month on a seasonally-adjusted basis, hitting the highest level since the early days of the pandemic (June 2020). Todays housing market is weird. February 2025 Housing Market Highlights: United States Prices Plummeting in Texas and Florida Prices fell in six major U.S.

Contracts 393

Contracts HOA New Listings Real Estate Agent 393

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. So where does all that drama leave us for 2023? million.

Housing Market 543

Housing Market Marketing Inventory New Listings 543

Housing Wire

APRIL 30, 2023

The spring housing market music is playing, and purchase application data and active listing inventory rose together last week. Here’s a quick rundown of the last week: Active listing rose 8,260 week to week, down a bit from last week’s gain, but I’m not complaining — anything on the plus side is positive.

Inventory 525

Inventory Housing Market Marketing New Listings 525

Housing Wire

JANUARY 23, 2023

Here’s the housing market rundown for the last week: Purchase application data had a solid week-to-week gain of 25%. Housing inventory decreased by 566 units, which is not a significant decline. Mortgage rates fell, but the bond market didn’t break what I see as a critical level, so for now, stabilization is more important.

Housing Market 516

Housing Market Marketing Inventory New Listings 516

Housing Wire

JULY 20, 2021

Mortgage applications for new home purchases in June decreased 3% from May and 23.8% year over year, suggesting a slowdown in the housing market, according to a recent report from the Mortgage Bankers Association. “Last year was the strongest year in the housing market for new home sales in over a decade,” he said.

Housing Market 511

Housing Market Marketing Inventory Construction 511

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. My 2023 inventory forecast needs a lot of help, as new listing data isn’t growing at all still.

Inventory 513

Inventory Housing Market Marketing New Listings 513

Housing Wire

DECEMBER 7, 2022

One issue that has created a waterfall dive in purchase application data and sales is that new listing data is declining faster than usual. Since the summer of 2020, I have believed the housing market could change in terms of cooling down, but it would require the 10-year yield to break over 1.94%.

Housing Market 544

Housing Market Mortgage Marketing Inventory 544

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.

Housing Market 476

Housing Market Marketing Inventory New Listings 476

Housing Wire

FEBRUARY 3, 2025

We regard this metric, the percentage of homes on the market with price reductions from the original list price, as a leading indicator for future sales prices. Looking backward at the housing market , we can see sales prices are not appreciating compared to 2024. By early 2020, mortgage rates were pretty low.

Sellers 410

Sellers Inventory New Listings Contracts 410

Housing Wire

JANUARY 9, 2023

The housing market saw inventory fall 4% last week from the week before. Traditionally, we do see housing inventory fall in the month of December, however, we clearly saw in the second half of 2022 that higher rates created more days on the market and inventory was lingering longer. That’s a big one-week change.

Inventory 542

Inventory Housing Market Marketing New Listings 542

Housing Wire

FEBRUARY 6, 2023

Despite mortgage rates briefly falling below the 6% threshold, both housing inventory and mortgage demand fell last week. Let’s dive into the trend lines of the housing market. The show-me part of the housing market starts with this bounce from an extreme bottom. Weekly inventory change (Jan.

Inventory 488

Inventory Housing Market Marketing New Listings 488

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. However, one thing is for sure, housing is not going to crash due to large-scale panic-selling — a scare tactic of late 2021 that didn’t work then or now.

Inventory 505

Inventory Housing Market Marketing New Listings 505

Appraisal Buzz

JANUARY 31, 2025

home listing that went under contract stayed on the market for 54 days, which is the longest period since March 2020 and one week longer than it was at this time last year. The market had 5.2 At $2,753 per month, the median house payment is slightly below the record high set in April.

New Listings 390

New Listings Sellers Buyers Mortgage 390

Housing Wire

JUNE 21, 2021

Many are eyeing scenic East Tennessee, where Knoxville and its surrounding suburbs have formed one the country’s hottest housing markets. Currently on Realtor.com , more than 2,000 homes are currently on the market in Knoxville with an average listing price of $270,000. year-over-year. It’s like a horse race.

Housing Market 459

Housing Market Marketing Realtors Inventory 459

Housing Wire

JUNE 22, 2023

The days on market are back to a teenager level in the existing home sales market, which means I can officially say we are back to a savagely unhealthy housing market! Nothing good happens in the housing market when the days on market are at a teenager level or lower.

Housing Market 526

Housing Market Marketing Inventory Law 526

Housing Wire

OCTOBER 13, 2024

Remember that 2023 had the lowest new listings data ever and 2024 will have the second lowest. Also, let’s remember that 2019 inventory levels were a four-decade low before 2020. National data: Weekly inventory change (Oct. 11): Inventory fell from 734,290 to 732,410 The same week last year (Oct.

Inventory 511

Inventory New Listings Retail Mortgage 511

Housing Wire

FEBRUARY 21, 2023

Last June, the Federal Reserve said it wanted a housing reset , which meant it wanted higher mortgage rates to destroy the housing market. Today, the Federal Reserve achieved its primary goal; the days on the market are now above 30 days, which was the most important data line to get housing back to somewhat normal.

Housing Market 435

Housing Market Marketing Inventory Sellers 435

Housing Wire

SEPTEMBER 17, 2024

Like the vast majority of the country, the city’s housing market has been stymied by high mortgage rates, low inventory and mismatched expectations between buyers and sellers. From March 2020 to July 2022, the median home price rose 23% before hitting a brief lull. 25 statewide in 2023 transaction volume.

Housing Market 478

Housing Market Marketing Sellers Buyers 478

Housing Wire

FEBRUARY 12, 2024

New listings each week, which were record few last year, are growing now. But home sellers are gradually easing back into this housing market. New listings volume climbing I want to start today with the new listings volume, which is notably finally climbing over last year’s anemic levels.

Sellers 468

Sellers Housing Market Buyers New Listings 468

Appraisal Buzz

FEBRUARY 13, 2025

According to a new report from Redfin , homebuyers have the most options since 2020, but few are biting because rising housing costs have made monthly payments tough to swallow. Active listings of homes for sale rose to the highest level since early in the pandemic. Pending home sales dropped 4.2% year-over-year.

Inventory 397

Inventory New Listings Sellers Real Estate Agent 397

Housing Wire

JUNE 11, 2023

I did a podcast on why I believe this is happening post-2020 when it wasn’t normal in the past. inventory saga: after mortgage rates spiked above 6% in 2022, that jump-started the unhealthy reality of new listing data trending negative year over year. First, it took the longest time in U.S.

Inventory 523

Inventory Housing Market Marketing New Listings 523

Housing Wire

JUNE 4, 2023

Here’s a quick rundown of the last week: Active inventory grew 3,180 weekly , and new listing data fell week to week and is still trending at an all-time low in 2023. However, I am grateful we even saw some traditional spring inventory growth this year because new listing data is trending at all-time lows. Since Nov.

Inventory 468

Inventory Housing Market Marketing New Listings 468

Housing Wire

JANUARY 30, 2023

Here’s the housing market rundown for the last week: Purchase application data showed positive weekly growth again — and the bounce from the bottom is more noticeable now. Housing inventory decreased by 6,468 units, a more pronounced decline from the previous week. housing market. Weekly inventory change (Jan.

Inventory 508

Inventory Housing Market Marketing Mortgage 508

Housing Wire

MARCH 8, 2024

Real estate agents in the leafy suburbs of Bergen County, New Jersey say the current housing market — with historically low inventory and record-high prices — is actually more challenging than the multiple offer chaos they sweated through during the pandemic. “At Altos considers any score above 30 to be a seller’s market.

Housing Market 468

Housing Market Buyers Agents Marketing 468

Housing Wire

DECEMBER 28, 2022

This article is part of our 2022-23 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 top predictions for this year, along with a roundtable discussion on how these insights apply to your business. months nationally.

Housing Market 505

Housing Market Marketing Inventory Mortgage 505

Housing Wire

FEBRUARY 20, 2023

Another week down in 2023 and we’re seeing crazier action in the housing market as purchase application data fell, mortgage rates rose again, and weekly inventory took another dive with a noticeable move lower in new listing data. Things are different post-2020, and inventory is bottoming out later in the year.

Inventory 435

Inventory Housing Market Marketing Mortgage 435

Housing Wire

SEPTEMBER 12, 2024

Attractive properties in hot markets are still selling quickly, but some metros — or neighborhoods within them — have flipped further in favor of buyers.“ New listings, meanwhile, grew slightly on a monthly and yearly basis but were 21% lower than the same month in 2019.

Housing Market 482

Housing Market Marketing Inventory Buyers 482

Housing Wire

MARCH 29, 2024

It is nearly April, which means temperatures in the Austin metropolitan area are heating up — and so is the housing market. From 2020 until the middle of 2022, the Austin metro area was turning heads for its massive influx of homebuyers and its exponential home price growth.

Housing Market 459

Housing Market Agents Marketing Inventory 459

Housing Wire

NOVEMBER 16, 2020

According to multiple real estate agents and mortgage brokers, low interest rates and a high percentage of “essential” jobs in their town has kept the housing market and local economy strong. rise in houses sold in the same timeframe – from 670 to 940. The post Why is the El Paso housing market so hot right now?

Housing Market 448

Housing Market Marketing Real Estate Agent Real Estate 448

Housing Wire

MARCH 1, 2024

We were up year over year in inventory , but we were at a 25 year low on new listings.” 23, 2024, the 90-day average for single family listings in the state was 9,927, down from 14,314 single family listings in late February 2020. “It We have a pretty strong market heading into spring,” Fischer said. “I

Housing Market 468

Housing Market Marketing Inventory Construction 468

Housing Wire

NOVEMBER 9, 2022

In the previous expansion, one of my long-term calls was that the MBA purchase application data will never hit the volume level of 300 until the years 2020-2024. Right on cue, 2020 came and we hit the 300 level. The years 2020-2024 were going to be the time when total home sales could finally reach 6.2 We are up 43% since 2020.

New Listings 508

New Listings Inventory Housing Market Sellers 508

Housing Wire

DECEMBER 2, 2021

During the four week period ending November 28, the number of active listings was a 23% decrease compared to the same time period in 2020 and a 42% drop compared to 2019. The number of new listings was also down compared to 2020, dropping 4%, but it was 12% higher than the number of new listing during the same time period in 2019.

Inventory 516

Inventory New Listings Contracts Housing Market 516

Housing Wire

JUNE 17, 2021

And 54% of homes sold above their asking price in May — another a record high, up from 26% a year ago, according to a new report from Redfin. The report also shows the housing market also set new records for home-selling speeds and competition, although seasonally adjusted home sales and new listings flattened from April.

Housing Market 535

Housing Market New Listings Sellers Buyers 535

Housing Wire

MARCH 12, 2023

Last week was wild, and not just for the housing market. Weekly inventory fell by 6201 , and new listing data is down noticeably from last year, which was different than last week. Inventory grew during the housing bubble years because housing credit was much looser back then, and people could move more freely.

Housing Market 370

Housing Market Mortgage Marketing Inventory 370

Housing Wire

SEPTEMBER 13, 2022

Typically we have a natural set of new listings each year; inventory rises in the spring and summer and then falls in the fall and winter. However, we have entered a tricky period in housing economics where we might have to take this premise more seriously since mortgage rates recently got as low as 2.5% The parts of the U.S.

Mortgage 525

Mortgage Inventory New Listings Sellers 525