Housing Wire

MARCH 18, 2022

Total inventory data is deficient, and this was my biggest fear in the years 2020-2024, and it happened. Inventory has been slowly falling since 2014, so if demand picks up in 2020-2024, it can collapse to shallow levels. I thought creating the term forbearance crash bros in the Summer of 2020 would help educate homebuyers.

Housing Market 542

Housing Market Marketing Inventory Sellers 542

Housing Wire

OCTOBER 11, 2022

There’s a showdown at the housing market corral between homebuyers and sellers. When I came up with the “ savagely unhealthy housing market ” label in February of this year, it was based on the premise that the housing inflation story that we have had to deal with since 2020 was a historical event.

Sellers 514

Sellers Inventory Housing Market New Listings 514

Housing Wire

FEBRUARY 12, 2024

There are still notably not a lot of sellers. But home sellers are gradually easing back into this housing market. Any time inventory rises, you start to see housing crash hyperbole on social media. Sellers are coming back to this housing market. It’s not a ton of sellers.

Sellers 468

Sellers Housing Market Buyers New Listings 468

Housing Wire

MARCH 18, 2025

But in a turbulent housing market , it may have been this innovation that ultimately ended Redfin’s run as a standalone company. They still have to bear the cost of those agents, despite production not being there in a terrible housing market.” Redfin responded by laying off agents.

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Brokerage Agents Housing Market Realty 377

Housing Wire

DECEMBER 7, 2022

What I mean by a credit bust is that after the housing bubble burst in 2005 into 2006, we saw a massive increase in supply. These were forced credit sellers, which means these sellers don’t sell to buy a home like a traditional seller does. Total inventory levels. NAR: Total Inventory levels 1.22

Housing Market 544

Housing Market Mortgage Marketing Inventory 544

Housing Wire

JUNE 7, 2021

Homebuyers are feeling pretty discouraged by the housing market these days. In fact, four of the HPSI’s six components measuring market expectations increased month over month. points higher than it was in May 2020, when forbearance and unemployment heavily weighed down consumer sentiment. The HPSI is still 12.5

Housing Market 538

Housing Market Marketing Sellers Inventory 538

Housing Wire

APRIL 7, 2021

And now, with the COVID-19 vaccine circulating and the economy slowly regaining strength, Zillow researchers say millions of additional households could enter the housing market in 2021. Specifically, housing markets like Portland, Maine , Bay City, Mich. markets; by December 2020, prices were already up 23.6%

Housing Market 545

Housing Market Marketing Real Estate Technology 545

Housing Wire

FEBRUARY 25, 2025

annually since 2020 , led by markets in Florida, North Carolina, Southern California, and Arizona. Home prices stalled during the second half of the year with markets in the West dropping the fastest. San Francisco , the lowest-performing major market since 2020, saw prices drop by 4.5% Home prices were up 3.9%

Housing Market 366

Housing Market New Listings Inventory Sellers 366

Housing Wire

APRIL 7, 2021

Home sellers are chomping at the bit. As the economy reopens, vaccinations continue to roll out and stimulus checks reach bank accounts across America, home sellers are increasingly optimistic. There might even more intensity this year, since 2020’s spring homebuying season was limited by virus-related lockdowns,” Duncan said.

Sellers 518

Sellers Real Estate Real Estate Agent Loan Officers 518

Housing Wire

DECEMBER 29, 2022

As we close out 2022, it’s time to reflect on a historic year for the housing market, which was even crazier than the COVID-19 year of 2020. That is how fast things changed — a by-product of a sector where the prices of homes were getting out of control after 2020. Home sales.

Housing Market 546

Housing Market Marketing Inventory Sellers 546

Housing Wire

MAY 21, 2021

Nearly 50% of homes sold for more than their list price during the four weeks ending May 16, but there are signs that housing market demand may be reaching its peak, according to a recent study from Redfin. 2019 is being used as a reference point since 2020 data is skewed by the pandemic.). .” from a year ago.

Housing Market 540

Housing Market Marketing New Listings Mortgage 540

Housing Wire

SEPTEMBER 17, 2021

Despite several indicators of a slowing housing market, prospective home buyers should not get too excited – inventory remains limited and changes are in line with the traditional seasonal slowdown, according to RE/MAX ’s August national housing report. increase in median home sale price from August 2020.

Housing Market 511

Housing Market Marketing Inventory Buyers 511

Housing Wire

DECEMBER 2, 2020

As 2020 comes to an end, realtor.com ’s economists believe that the housing inventory shortage won’t be as dire in 2021. Additional lockdowns and quarantines due to COVID-19 could put a dent in housing inventory and sales, potentially slowing down the market and putting increased pressure on buyers, the forecast said.

Housing Market 528

Housing Market Marketing Inventory Buyers 528

Housing Wire

FEBRUARY 8, 2021

Following two months of steady declines, Fannie Mae’s Home Purchase Sentiment Index (HPSI), a composite index designed to track the housing market and consumer confidence to sell or buy a home, rose in January. The post Fannie Mae reports rising confidence in housing market appeared first on HousingWire. The HSPI rose 3.7

Housing Market 545

Housing Market Marketing Mortgage Design 545

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. Buyers think it’s a buyer’s market. Sellers think it’s a seller’s market. 25 statewide in 2023 transaction volume.

Housing Market 478

Housing Market Marketing Sellers Buyers 478

Housing Wire

NOVEMBER 5, 2024

The COVID-19 pandemic impacted the housing market like no event since the 2008 financial crisis, but some of the trends induced by the pandemic are starting to reverse. That’s evident in the annual profile of home buyers and sellers from the National Association of Realtors (NAR), which provides data on dozens of real estate trends.

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Realtors Housing Market Construction Real Estate 468

Housing Wire

APRIL 30, 2021

But the Scottsdale housing market, and Arizona as a whole, has seen an enormous uptick in out-of-state movers in the past 14 months — when the COVID-19 pandemic began spreading across the country, ultimately allowing people to work from home and seek larger, more cost-effective lots to live on. from 2010, per a recent U.S.

Housing Market 543

Housing Market Marketing Real Estate Real Estate Agent 543

Appraisal Buzz

SEPTEMBER 5, 2024

With the total number of homes on the market at its greatest point since May 2020 and interest rates about to start declining, buyers will have more options this autumn. The Realtor.com August Housing Trends Report shows that the number of homes actively for sale increased by 35.8% decrease from the previous year. “In

Sellers 397

Sellers Housing Market Buyers Marketing 397

Housing Wire

DECEMBER 29, 2021

A bullish housing market. economic recovery was a false story and that we were about to embark on a second housing bubble crash due to forbearance. economy continue to recover from the lows of April of 2020, but the 2021 economic data shows it has been one of the hottest years in many decades. What a year 2021 has been.

Housing Market 534

Housing Market Marketing Construction Mortgage 534

Housing Wire

APRIL 12, 2024

After heating up like the rest of the country, the Louisiana housing market has continued to cool since interest rates began to rise in the second half of 2022. year over year, and nearly identical to the 2,492 homes sold in February 2020 prior to the COVID-19 pandemic. recorded in mid-February 2020.

Insurance 459

Insurance Housing Market Marketing Agents 459

Appraisal Buzz

MARCH 14, 2025

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. year-over-year, and 1.3%

Contracts 393

Contracts HOA New Listings Real Estate Agent 393

Housing Wire

JUNE 21, 2022

Total housing inventory has collapsed to all-time lows since 2020 and because this happened during the years 2020-2024, it created forced bidding and drove prices well above my 23% five-year home-price growth model in just two years. NAR Research : The median existing-home price for all housing types in May was $407,600, up 14.8%

Housing Market 540

Housing Market Marketing Inventory Mortgage 540

Housing Wire

OCTOBER 5, 2021

home sellers received four or more offers on their home in 2021, according to Zillow’s latest consumer housing trends report. Typical sellers received two offers, which is the same as the past three years. Overall, sellers were typically white (72%) and selling in suburban areas (51%) in the South (41%).

Sellers 545

Sellers Inspection Buyers Finance 545

Housing Wire

DECEMBER 5, 2022

I have been part of the mortgage banking industry since 1983 — 39 years to date through different housing markets. In many ways it was similar to today, with one exception: When I started, I hadn’t been spoiled by a housing market like the one in 2020 and 2021. economy, especially the mortgage and housing sector.

Housing Market 523

Housing Market Marketing Supply Chain Mortgage 523

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

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

APRIL 13, 2021

Austin, Texas might be the hottest housing market in the country. 1 city in population growth for the last eight years and it was the hottest job market in 2019 and 2020, according to the Wall Street Journal. And all of those prospective homeowners flocking to the city are fighting for the same small pool of houses.

Housing Market 535

Housing Market Buyers Marketing Real Estate Agent 535

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. national home price decline.

Housing Market 543

Housing Market Marketing Inventory New Listings 543

Housing Wire

JANUARY 28, 2022

home sellers made a pretty penny in 2021, with the nationwide realized profit growing by 45% year-over-year, according to a new analysis published by real estate data vendor ATTOM this week. For comparison sake, in 2019 a home seller’s realized profit averaged out to about $55,000, the report said.

Sellers 459

Sellers Investing Investors Housing Market 459

Housing Wire

JANUARY 10, 2023

of home sellers gave concessions to homebuyers in Q4 of 2022, through money for repairs and mortgage-rate buydowns. This represents the highest increase of any three-month period since July 2020 when Redfin started tracking this data. In Q3 of 2022 and Q4 of 2021, sellers gave concessions in 30% of home sales.

Sellers 482

Sellers Real Estate Agent Buyers Mortgage 482

Housing Wire

FEBRUARY 28, 2025

Why sales are falling through Redfin said several factors are contributing to the spike in failed transactions: Rising supply , falling demand : Housing inventory has climbed to its highest level since 2020, giving buyers more choices. Many are opting to wait out market instability before committing to a purchase.

Inspection 356

Inspection HOA Buyers Real Estate Agent 356

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

Appraisal Buzz

FEBRUARY 5, 2025

Auction.com has released its 2025 Distressed Market Outlook , which forecasts foreclosure auction volume decreasing 8% in 2025 as a baseline scenario. The forecast also incorporates two other less likely scenarios with differing macroeconomic and housing market assumptions.

Retail 334

Retail Inventory Housing Market Sellers 334

Housing Wire

NOVEMBER 4, 2024

Newly released data from the annual profile of home buyers and sellers by the National Association of Realtors (NAR) shows just how dramatically this trend has manifested since the financial crisis of 2008. Elevated mortgage rates, sky-high home prices, tight credit and stagnant wages have all contributed to homebuyers getting older.

Real Estate Agent 345

Real Estate Agent Buyers Sellers Realtors 345

Housing Wire

JUNE 28, 2022

This data line lags the current housing market as it’s a few months old. Since the summer of 2020, I have talked about how to cool down home sales: we need the 10-year yield to break over 1.94%. Since 2014, we’ve not seen the credit housing boom that we saw from 2002-2005. The 20-City Composite posted a 21.2%

Housing Market 482

Housing Market Marketing Inventory Investors 482

Housing Wire

JUNE 24, 2024

Sellers can just wait it out, and it looks like the U.S. housing market is seeing that now. I think it’s worth examining if sellers will indeed just wait it out now. The big takeaway is that we’ll have more inventory than 2020 starting in July. The pace of sellers has plateaued for the year. The western U.S.

Inventory 458

Inventory Sellers New Listings Property Taxes 458

Housing Wire

APRIL 15, 2022

We’ve all been wondering what 5% plus mortgage rates would do to the hot housing market, and now we’ve got that and a bag of chips. As a result, I’ve been rooting for mortgage rates to rise to create a balancing impact on this housing market. Have higher rates worked? Some data to consider: 1.

Housing Market 511

Housing Market Marketing Mortgage Inventory 511