Housing Wire

MAY 27, 2021

Like new and existing sales, pending home sales felt the strain of exhausted home inventory in April ? according to Thursday data from the National Association of Realtors. The upper-end market is still moving sharply as inventory is more plentiful there.”. from April 2020. dropping 4.4% higher year-over-year.

Inventory 466

Inventory Realtors Contracts Marketing 466

Housing Wire

APRIL 22, 2021

For the second consecutive month, existing-home sales fell, according to the latest National Association of Realtors report. from March 2020 ($280,700), as prices increased in every region. The sales for March would have been measurably higher, had there been more inventory.” from February’s inventory but down 28.2%

Inventory 475

Inventory Buyers Realtors Investors 475

Housing Wire

MARCH 29, 2022

Given the current housing inventory crisis, it might surprise people to realize this: we built too many homes during the housing bubble years. Yes, but this is where my work is much different from other housing economists and why we need to think of inventory in a new, modern 21st-century mindset. Wait, what?

Inventory 435

Inventory Housing Market Marketing Modernization 435

Housing Wire

NOVEMBER 18, 2022

The National Association of Realtors (NAR) reported today on two trends in existing home sales that we have seen for many months now: sales are declining while total inventory data has fallen directly for the three straight months. However, I knew the years 2020-2024 would see better demand from the bump in demographics.

Inventory 491

Inventory Marketing Housing Market New Listings 491

Housing Wire

APRIL 16, 2021

That’s up 37% from a year ago, but it’s important to take into account that the COVID-19 virus first took hold of the housing market in March 2020, said Doug Duncan, chief economist at Fannie Mae. Single-family housing starts ended 2020 on a high note, reaching a 1.338 million-unit pace in December — the highest pace since 2006.

Inventory 545

Inventory Housing Market Marketing Supply Chain 545

Appraisal Buzz

JUNE 21, 2024

million, according to the National Association of Realtors (NAR). increase in inventory. Eventually, more inventory will help boost home sales and tame home price gains in the upcoming months,” says Lawrence Yun, chief economist for NAR, in a statement. Existing-home sales decreased 0.7% The decrease in sales comes despite a 6.7%

Inventory 195

Inventory Buyers Realtors Appraisal 195

Housing Wire

OCTOBER 8, 2021

from a year ago to $356,700, according to the National Association of Realtors. In the most recent month with data available on that follow-up question, 66% surveyed said that it was a bad time to buy a home because prices are too high, up from just 12% who said prices were too high in July 2020. Renovated Inventory to the Rescue.

Renovations 543

Renovations Inventory Marketing Property Taxes 543

Housing Wire

JULY 23, 2024

I have often discussed four months of supply and active inventory between 1.52 In the previous decade, active inventory ranged between 1.52 From NAR: Total housing inventory registered at the end of June was 1.32 Unsold inventory sits at a 4.1-month million and 2.4 All four major U.S. regions posted sales declines.

Marketing 470

Marketing Inventory Housing Market Buyers 470

Housing Wire

MARCH 22, 2024

Unlike many other metropolitan areas across the country , the housing market in Southwest Florida is comparably flush with for-sale inventory. “I We are seeing a healthy increase in inventory, which we really needed.” Smith attributes the uptick in inventory to a bump in new listings.

Insurance 411

Insurance Inventory Marketing Real Estate 411

Appraisal Buzz

JULY 23, 2024

According to the National Association of REALTORS , existing-home sales decreased in June while the median sales price increased to the highest amount ever recorded for the second consecutive month. More buyers are insisting on home inspections and appraisals, and inventory is definitively rising on a national basis.” In May 2020 (4.5

Inventory 395

Inventory Inspection Realtors Sellers 395

Housing Wire

AUGUST 14, 2024

Denver-based Realtor Bret Weinstein took on a client whose house had been on the market for 60 days. According to data from CoreLogic, Denver’s average price per square foot has risen 35% since 2020. Inventory in the city has also risen sharply, giving buyers more options and more leverage in negotiations.

Buyers 424

Buyers Housing Market Marketing Sellers 424

Housing Wire

MARCH 6, 2023

With the industry cooling down slower than expected, LOs are having to work harder and get creative to overcome the double whammy of surging rates and a lack of inventory. from a year ago to $359,000 in January, marking 131 straight months of year over year increases, the National Association of Realtors (NAR) said.

Loan Officers 387

Loan Officers Inventory Real Estate Agent Buyers 387

Housing Wire

MAY 7, 2024

The official magazine for the National Association of Realtors (NAR) recently touched on the topic of reverse mortgages, mentioning products such as the Home Equity Conversion Mortgage (HECM) for Purchase (H4P) and addressing topics like the desires of baby boomers to age in place in their homes.

Mortgage 462

Mortgage Real Estate Agent Inventory Housing Market 462

Housing Wire

MAY 15, 2024

The National Association of Realtors , via its Seasonally Adjusted Annual Rate of Existing Home Sales series, reported that the peak home sales volume of 6.6 Available inventory of homes to buy follows a reliable seasonal trend with the low in Q1 and the high in Q3 of each year (except for the 2020 pandemic year).

Mortgage 417

Mortgage New Listings Inventory Sellers 417

Housing Wire

MARCH 18, 2022

The National Association of Realtors reported that existing home sales for February came in as a miss of estimates at 6.02 Inventory has broken to all-time lows, but it doesn’t look like the year-over-year data will be positive at all this year unless demand softens up. NAR Research : Unsold inventory sits at a 1.7-month

Housing Market 542

Housing Market Marketing Inventory Sellers 542

Housing Wire

JULY 20, 2022

But, there is one bright spot — inventory is rising. This has been a concern of mine after the summer of 2020 as inventory levels were breaking all-time lows, facilitating unhealthy home price growth during a more prominent demographic patch in U.S. The one positive: Inventory is rising. Unsold inventory sits at a 3.0-month

Inventory 518

Inventory Housing Market Marketing Realtors 518

Housing Wire

SEPTEMBER 3, 2024

Inventory has already started increasing and new listing activity should continue to grow this fall,“ she added. Prospective buyers are still being stymied by an overall lack of for-sale inventory in many areas of the country. The National Association of Realtors (NAR) reported last week that pending sales declined by 8.5%

Mortgage 474

Mortgage Inventory Buyers Sellers 474

Housing Wire

JULY 24, 2024

Indianapolis-area Realtor Annie Caruso, a founding member of Circle Real Estate, had a buyer coming from the Chicago area for just these reasons. Realtors in the area say that buyers who were trying to wait out the high rate environment are choosing to accept that current rates are simply the new normal.

Marketing 413

Marketing Realtors Buyers Property Taxes 413

Housing Wire

JUNE 21, 2022

The National Association of Realtors (NAR) reported that existing home sales for April came in at 5.41 Now that we are almost in July, we can safely say the premise that once mortgage rates hit 4%, the mass panic selling of American homeowners who need to get out at all costs, driving total inventory up in the millions, hasn’t happened.

Housing Market 540

Housing Market Marketing Inventory Mortgage 540

Housing Wire

APRIL 25, 2024

While DeRoussel’s experience sounds exactly like many of the stories that emerged from the pandemic-fueled homebuying frenzy of 2020 and 2021, this happened just a few weeks ago in early April 2024. “It Cincinnati is a great place to live,” said Julie Back , the executive sales vice president of Sibcy Cline Realtors.

Buyers 424

Buyers Marketing Inventory Investors 424

Housing Wire

MAY 21, 2021

According to the National Association of Realtors, existing home sales for April’s housing market came in at 5,8500,000. I have been saying we should expect home sales to moderate since the end of summer 2020, and that is what we see in this report. This sales trend looks very normal to me. My biggest fear for the U.S.

Housing Market 541

Housing Market Marketing Inventory Realtors 541

Housing Wire

MARCH 1, 2024

Sales from 2022 to 2023 were down 14%,” Mark Fischer, the CEO of the Indiana Realtors Association , said. “We We were up year over year in inventory , but we were at a 25 year low on new listings.” Like elsewhere in the country, Indiana has struggled with housing inventory. According to Altos Research, as of Feb.

Housing Market 443

Housing Market Marketing Inventory Construction 443

Housing Wire

AUGUST 29, 2024

That’s according to the July pending home sales index from the National Association of Realtors. to the second lowest seasonally adjusted rate in the data’s history, topping only April of 2020 when the market was frozen by the pandemic. On an annual basis, the index fell by 8.5% The index fell by 5.5% month over month to 70.2.

Buyers 431

Buyers Realtors Inventory Sellers 431

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 340

Real Estate Agent Buyers Sellers Realtors 340

Housing Wire

NOVEMBER 13, 2020

Low mortgage rates and record-low housing inventory has driven home price increases throughout the year. The National Association of Realtors is saying that the median single-family home price grew year over year in all 181 metro areas it tracks. lower than the total inventory at the end of Q3 last year. In the U.S.,

Inventory 539

Inventory Realtors Buyers Development 539

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 387

Housing Market Marketing Sellers Buyers 387

Housing Wire

SEPTEMBER 22, 2022

Today the National Association of Realtors reported that existing home sales fell once again to 4.80 With the home-price growth we had in 2020 and 2021, my five-year price-growth model that I set for 2020-2024 of 23% was already smashed in just two years. Total Inventory data fell in this report from 1.31 million to 1.28

Inventory 476

Inventory Housing Market New Listings Mortgage 476

Housing Wire

FEBRUARY 28, 2022

On Friday, the National Association of Realtors released its pending home sales data showing a third month of declines. From NAR : “Pending home sales slumped in January, continuing what is now a three-month drop in transactions, the National Association of Realtors reported. We ended 2020 with 5.64 Of the four major U.S.

Inventory 433

Inventory Housing Market Realtors Marketing 433

Housing Wire

JANUARY 20, 2023

million, according to a report from the National Association of Realtors (NAR) released Friday. With the exception of May 2020, when the pandemic had virtually shut down housing market activity, this is the lowest level of monthly home sales in 12 years.” Despite the monthly drop, the unsold inventory at the end of December is up 10.2%

Inventory 367

Inventory Housing Market Realtors Buyers 367

Housing Wire

AUGUST 23, 2021

in July from the month prior, a report published by the National Association of Realtors on Monday found. A notable development: After a year of extremely tight housing inventory , the housing market is showing signs of finally adding housing stock. The inventory of unsold homes rose by 7.3% Existing-home sales grew by 2.0%

Inventory 488

Inventory Housing Market Buyers Realtors 488

Housing Wire

MAY 19, 2022

The National Association of Realtors reported Thursday that existing home sales for April came in at 5.61 This is something that I said would change the tone of housing, and we are seeing that result this year as sales decline and inventory picks up. The real story in housing has been the price boom that we have seen since 2020.

Housing Market 525

Housing Market Marketing Inventory Realtors 525

Housing Wire

NOVEMBER 20, 2024

The current mortgage market starkly contrasts with the booming years of 2020 and 2021. The state of the market Even with some rate relief anticipated over the next year, the combination of limited inventory and the lock-in effect means there won’t be a lot of movement. Who are the top realtors in the area? The last quarter?

Marketing 310

Marketing Loan Officers Realtors Business 310

Housing Wire

FEBRUARY 18, 2022

The National Association of Realtors reported that existing home sales for January came in as a big beat at 6.5 When you add move-up, move-down, cash and investor buyers into the mix, you will have steady replacement buyer demand from 2020-to 2024. Also, we are starting the year with fresh new all-time lows in inventory.

Inventory 491

Inventory Housing Market Buyers Investors 491

Housing Wire

DECEMBER 22, 2020

million, according to a report from the National Association of Realtors on Tuesday. Home sales in November took a marginal step back, but sales for all of 2020 are already on pace to surpass last year’s levels,” said Lawrence Yun, NAR’s chief economist. At the end of November, housing inventory declined yet again, totaling 1.28

Inventory 509

Inventory Housing Market Realtors Marketing 509

Housing Wire

JANUARY 26, 2024

month over month in December, according to the newest data from the National Association of Realtors (NAR). It was the largest monthly jump in pending home sales since 2020. Looking ahead Confronted with limited existing home inventory, many buyers have pivoted to newly constructed homes. Pending home sales rose 8.3%

Contracts 480

Contracts Housing Market Construction Inventory 480

Housing Wire

JUNE 22, 2021

million, the National Association of Realtors reported on Tuesday. from May 2020 ($283,500). “Lack of inventory continues to be the overwhelming factor holding back home sales, but falling affordability is simply squeezing some first-time buyers out of the market,” said Lawrence Yun, NAR’s chief economist.

Inventory 439

Inventory Buyers Realtors Housing Market 439

Housing Wire

MAY 21, 2021

million, the National Association of Realtors reported on Friday. Despite the decline, housing demand is still strong compared to one year ago, evidenced by existing home sales from this January to April, which are up 20% compared to 2020. from April 2020 as every region recorded a price increase. from March to 5.85

Inventory 448

Inventory Buyers New Listings Marketing 448