Housing Wire

NOVEMBER 21, 2024

year-over-year improvement, marking the first annualized increase since July 2021. Additional job gains and continued economic growth appear assured, resulting in growing housing demand. The seasonally adjusted annual rate of existing-home sales rose 3.4% month over month in October to 3.96 This also was a 2.9%

Inventory 370

Inventory Home Improvement Realtors Real Estate 370

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. This is a big Merry Christmas gift for the housing market. We are ending the year with almost 1.5%

Housing Market 538

Housing Market Marketing Inventory New Listings 538

Housing Wire

NOVEMBER 22, 2024

housing market slowed down in the third quarter due to rising home prices and higher mortgage rates , investor purchases also ramped down, according to a new report by Redfin. in neighboring Fort Lauderdale, indicating growing apprehension for the Florida housing market. As the U.S. Investors purchased $38.8

Investors 487

Investors Real Estate HOA Housing Market 487

Housing Wire

JANUARY 29, 2025

The housing market in 2024 was about as frustrating for the real estate industry as you can imagine. And its a higher number than at any point since the financial crisis, other than 2020 and 2021 during the post-pandemic boom. Whether 2025 will be a better market depends on who you ask. of all transactions.

Sellers 453

Sellers Housing Market Realtors Inventory 453

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. That would be a positive for demand.

Housing Market 543

Housing Market Marketing Inventory New Listings 543

Housing Wire

APRIL 16, 2023

One thing to notice is that the new listing data in 2022 was higher than in 2021. Purchase application data Purchase application data has been one of the most improved housing market data lines since Nov. Last week initial jobless claims increased by 11,000, and the four-week moving average also rose to 240,000.

Inventory 539

Inventory Housing Market Marketing New Listings 539

Housing Wire

APRIL 9, 2023

The housing market welcomed the news of lower mortgage rates last week after four reports showed that the labor market isn’t as tight as it seems and that the fear of 1970s-entrenched inflation was a lousy narrative. This year looks similar to 2021 data, which bottomed on April 9 , so April could be the turning point.

Housing Market 540

Housing Market Marketing Mortgage Inventory 540

Housing Wire

JULY 29, 2024

Warmer summer weather has brought cooler housing market conditions to Montana. The market right now just feels like it’s a bit lukewarm,” said Brian Huskey , a Billings, Montana-based ERA American Real Estate agent. Altos considers anything above a Market Action Index score of 30 to be a seller’s market.

Housing Market 439

Housing Market Marketing Real Estate Agent Inventory 439

Housing Wire

SEPTEMBER 27, 2023

housing market is back on track , stronger than ever, with a total estimated value of $52 trillion, according to a new analysis by Orphe Divounguy, a senior economist at Zillow Group. housing market has surged by more than $2.6 After experiencing a temporary hiccup between July 2022 to January 2023, the U.S.

Housing Market 521

Housing Market Marketing Inventory Finance 521

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. 31, 2021-Jan. 30, 2022-Jan.

Inventory 542

Inventory Housing Market Marketing New Listings 542

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. A few months ago, I was asked to go on CNBC and talk about why I call this a housing recession and why this year reminds me a lot of 2018, but much worse on the four items above.

Housing Market 546

Housing Market Marketing Inventory Sellers 546

Housing Wire

JANUARY 1, 2024

The 2023 housing market faced one of the same roadblocks we saw in 2022: mortgage rates were too high for home sales growth. Now that we’re in 2024, the Federal Reserve ‘s rate hike cycle is over, so let’s look at what that means for housing demand and home prices. Let’s look at that dynamic.

Housing Market 531

Housing Market Marketing New Listings Construction 531

Housing Wire

DECEMBER 7, 2022

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%. This was something that wouldn’t happen in 2020 and 2021, based on my forecast. Naturally, with those two variables in place, demand will collapse.

Housing Market 544

Housing Market Mortgage Marketing Inventory 544

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

DECEMBER 27, 2022

Marty Green thinks of the housing market in 2022 as two very different movies. ” Houses were selling at a fever pitch in a matter of days, with multiple offers, waived contingencies and buyers paying $100,000(!) But the housing market in the second half of 2022? over asking price. High octane stuff.

Housing Market 529

Housing Market Marketing Real Estate Agent Real Estate 529

Housing Wire

APRIL 23, 2023

Can we now say that the housing market ‘s spring selling season is finally underway? Since 2020, the seasonal bottom for housing inventory has arrived several months later than normal, making it more complicated to track housing inventory data. Again, I am a bit mindful here due to Easter. However, starting on Nov.

Inventory 545

Inventory Housing Market Marketing New Listings 545

Housing Wire

JULY 9, 2023

This is truly a savagely unhealthy housing market as we have too many people chasing too few homes. 2023: 58,813 2022: 90,336 2021: 68,328 The 10-year yield and mortgage rates Mortgage rates started the week at 7.03% and ended at 7.14%. bond market doesn’t see a job-loss recession happening soon.

Inventory 501

Inventory Housing Market Marketing New Listings 501

Housing Wire

MAY 28, 2023

Here are the new listings data for this week over the last several years: 2023: 62,765 2022: 83,105 2021: 74,984 For this week, I want to stress the big difference between the new listing data in 2023 and the previous two years. The housing market moves with the 10-year yield , so watching this is critical.

Housing Market 521

Housing Market Mortgage Marketing Inventory 521

Housing Wire

APRIL 30, 2023

The spring housing market music is playing, and purchase application data and active listing inventory rose together last week. Finally, the significant observation I see with the inventory data this year versus last year is that last year’s new listing data was higher than in 2021.

Inventory 525

Inventory Housing Market Marketing New Listings 525

Housing Wire

DECEMBER 30, 2024

But Sturtevant also highlighted economic turmoil as a risk due to potentially higher inflation rates and labor market issues. “Economic uncertainty does put at risk a strong first quarter housing market. Housing market activity ramped up in November and December. NAR data showed a 6.1% NAR data showed a 6.1%

Inventory 435

Inventory Buyers Housing Market Mortgage 435

Housing Wire

APRIL 3, 2023

Last week was relatively calm for the housing market after the fiasco of the banking crisis. Housing demand grew and inventory levels fell again while mortgage rates rose. It looks similar to 2021 data, which bottomed on April 9. So April will be very telling on the weekly housing inventory with Altos Research.

Inventory 505

Inventory Housing Market Marketing New Listings 505

Housing Wire

FEBRUARY 13, 2023

The housing market experienced more volatility last week, with housing inventory dropping as mortgage rates moved higher. Weekly housing inventory continues to decline, as we saw a decrease of 13,238 units, double the amount we had this time last year. This means buyers have more say now in the home-buying process.

Inventory 516

Inventory Housing Market Marketing Mortgage 516

Housing Wire

MAY 7, 2023

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. 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. The total NAR inventory is still 980,000.

Inventory 505

Inventory Housing Market Marketing New Listings 505

Housing Wire

MAY 21, 2023

It was a wild ride for the housing market last week! However, at this time last year, we saw some new listings growth versus 2021 levels. Purchase application data The housing market shifted significantly when mortgage rates peaked late year and started to fall.

Housing Market 511

Housing Market Marketing Inventory New Listings 511

Housing Wire

SEPTEMBER 24, 2024

People seeking more space to accommodate working from home led to a minor outflow of residents that put the housing market on pause. According to data from Altos Research , the median home price jumped by almost 20% in the first seven months of the pandemic, then jumped another 11% in the first four months of 2021.

Housing Market 457

Housing Market Marketing Property Taxes Inventory 457

Housing Wire

MAY 14, 2023

The rise of active listings in this spring housing market reminds me of a zombie slowly rising from its grave. Yes, we found the seasonal bottom for housing inventory on April 14, but this year’s rise in active listings has been tepid at best. Can you imagine the housing market at that point?

Housing Market 488

Housing Market Marketing Inventory New Listings 488

Housing Wire

FEBRUARY 27, 2025

Florida was one of the hottest destinations during the pandemic, but the states housing market might be coming down to earth. The condo market has also contributed, as many owners are looking to sell because of rising HOA dues. Eight of Floridas metropolitan markets have record-high active listings. year over year.

Inventory 362

Inventory Marketing HOA Buyers 362

Housing Wire

JANUARY 9, 2023

With many homebuilders feeling the impact of rising mortgage rates on new-home sales, delivering units for rent is expected to continue to become a larger segment of the overall single-family housing market.”. Single-family homebuilders, too, are looking to capitalize on the build-for-rent market, with Lennar Corp.,

Housing Market 545

Housing Market Marketing Construction Development 545

Housing Wire

NOVEMBER 22, 2024

“Apartment rents have dropped by nearly 15% in two years, which is warp speed for the housing market. Austin fits the classic example of a boom/bust housing market, where a collapse is taking place.” A better way to describe Austin’s market is “stabilizing,“ Whitaker said. in January to 3.9% by September.

Marketing 369

Marketing Housing Market Property Taxes Construction 369

Housing Wire

NOVEMBER 4, 2024

As high mortgage rates reshape the housing market, existing homes are making up a larger percentage of for-sale inventory, and homebuyers are taking notice. Builders permits for single-family homes declined by 2% year over year in September and are down 23% from their post-pandemic peak in 2021, when permits reached a 15-year high.

Marketing 369

Marketing Inventory Construction Realtors 369

Housing Wire

FEBRUARY 20, 2025

While the share of first-time homebuyers has declined across the country, Black homebuyers are bucking the trend and showing resilience in an increasingly difficult housing market. In contrast, first-time buyers accounted for only 44% of the market, down from 50% in 2023.

Housing Market 345

Housing Market Buyers Law Lending 345

Housing Wire

JUNE 20, 2024

On the sell side, agents say that low mortgage rates from a purchase or refinance transaction in late 2020 or early 2021 are keeping many potential sellers in their home. “A Despite the state’s tight inventory, the housing market is not as hot as one might expect.

Housing Market 448

Housing Market Agents Marketing Inventory 448

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. We have an insurance problem,” said Charlotte Johnson , a Keller Williams agent based in Mandeville.

Insurance 459

Insurance Housing Market Marketing Agents 459

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.” It shows in the data. Redfin responded by laying off agents.

Brokerage 415

Brokerage Agents Housing Market Realty 415

Housing Wire

FEBRUARY 5, 2025

California-based Auction.com published its 2025 Distressed Market Outlook report on Tuesday, which included three scenarios for this years expected tally of auction sales. Volume from October through December was down 11% year over year for the lowest level of auction sales since Q3 2021. for the year.

Retail 413

Retail Renovations Buyers Finance 413

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. Looking at the number, 2023 was the lowest year in the past 28 years for sales, so it was a bit of an oddity compared to what we’d seen in the second half of 2020, all of 2021 and the first half of 2022.”

Housing Market 458

Housing Market Agents Marketing Inventory 458

Housing Wire

NOVEMBER 13, 2024

The past two years have been tough, but even before 2021, Black homeownership was either falling or stagnant and remains far from its pre-2004 high of nearly 50%.” This development has “significant implications for the housing market.” The rate of Black women applying for mortgages has also fallen, the report found.

Real Estate 417

Real Estate Mortgage Finance Housing Market 417