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. ” Duncan added that home sellers are citing high home prices and tight inventory as primary reasons why it’s a good time to sell.

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Sellers Real Estate Real Estate Agent Loan Officers 518

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

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 453

Housing Market Marketing Property Taxes Inventory 453

Housing Wire

JANUARY 4, 2021

If you’re looking to buy a home, you’ll stand the best chance in a buyer’s housing market, where listings are flush, demand is low and buyers have the upper hand — not to mention most of the negotiating power. Seller’s markets, on the other hand, are on the opposite side of the spectrum. Will 2021 be more of the same?

Housing Market 546

Housing Market Marketing Buyers Real Estate Agent 546

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 427

Housing Market Marketing Real Estate Agent Inventory 427

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.

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Sellers Inventory Housing Market New Listings 514

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.

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Housing Market Agents Marketing Inventory 447

Housing Wire

FEBRUARY 4, 2021

There’s no doubt we’re in a seller’s housing market. With inventory at record lows, demand surging and prices on the rise, buying — even just finding — a home in today’s market is quite the challenge. If buying a home is on your radar for 2021, there are still ways to do it. How much house can you afford to buy?

Housing Market 546

Housing Market Marketing Real Estate Agent Sellers 546

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. Additionally, the state’s 90-day average Altos Market Action Index score was 32.75 Altos classifies scores above 30 to be indicative of a sellers’ market.

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Insurance Housing Market Marketing Agents 458

Housing Wire

JANUARY 10, 2023

of home sellers gave concessions to homebuyers in Q4 of 2022, through money for repairs and mortgage-rate buydowns. In Q3 of 2022 and Q4 of 2021, sellers gave concessions in 30% of home sales. Sellers realize they’re not going to get $80,000 over the asking price like their neighbor did last year,” he added.

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Sellers Real Estate Agent Buyers Mortgage 482

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

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Housing Market Mortgage Marketing Inventory 544

Housing Wire

MARCH 18, 2022

months in February 2021. To get the housing market to be sane and normal again, we need inventory to get back in a range between 1.52 – 1.93 million ; this is still historically low, but this gives the housing market a breather from the madness that we see today. even for rental housing.

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Housing Market Marketing Inventory Sellers 542

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

DECEMBER 23, 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.

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Housing Market Marketing Inventory Buyers 433

Appraisal Buzz

JUNE 19, 2024

It found the loan program has withstood various market changes, accounting for as much as 11% of new home mortgages in the postwar building boom. Total VA loan volume in 1947 was more than $3 billion, compared to its $447 billion peak in 2021, according to the study.

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Housing Market Marketing Real Estate Agent Real Estate 394

Housing Wire

APRIL 17, 2023

Local housing markets is a HousingWire magazine feature spotlighting housing trends across the country. Austin, Texas In 2021, Austin had one of the hottest housing markets in the country. For agents and sellers looking to succeed in Austin’s current market, Redding says pricing is key. “We

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Housing Market Marketing Inventory Buyers 417

Housing Wire

JANUARY 25, 2023

This article is part of our 2022 – 2023 Housing Market Update series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Housing Market Update. As a result, the local housing market is going to be subdued in 2023, especially in the first half of the year. Fewer homeowners opted to sell.

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Housing Market Marketing Inventory Sellers 459

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. Still, August 2021 home sales were still up 0.6% and it was down 26.7%

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Housing Market Marketing Inventory Buyers 511

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 You aren’t getting that, but there is still a lot of competitive bidding.”

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Housing Market Buyers Agents Marketing 467

Housing Wire

JUNE 7, 2021

Homebuyers are feeling pretty discouraged by the housing market these days. Because the housing market feels very much like a zero sum game at this point, sellers again felt good about their position. trillion in 2021, an increase of $125 billion from the previous month’s forecast. The HPSI is still 12.5

Housing Market 538

Housing Market Marketing Sellers Inventory 538

Housing Wire

SEPTEMBER 30, 2024

Cooler fall temperatures have brought less intense housing market conditions to the once white-hot market of Bergen County , New Jersey. “We We are seeing some price drops start to happen and a little bit longer days on market.”

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Housing Market Marketing Inventory Agents 379

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.

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Housing Market Marketing Inventory Sellers 546

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.

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Housing Market Marketing Supply Chain Mortgage 523

Housing Wire

JULY 2, 2023

We have often discussed that the housing market dynamics changed starting Nov. The other big story with housing inventory is that new listing data has been trending negative year over year since the end of June 2022. We had new listings growth from 2021 to 2022, but that’s not the case this year.

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Inventory Housing Market Marketing New Listings 482

Housing Wire

OCTOBER 20, 2022

Despite this drop, investment returns for home sellers is still up from 48.8% in the third quarter of 2021, and still at near-record levels for the century (20 points higher than two years ago). This has resulted in a growing supply of homes for sale, and in turn pushed home prices down (though not in every market).

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Sellers Investing Housing Market Real Estate 434

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. The market is still strong,” said Wendy Cash, a broker at Austin area-based Century 21 Hellmann Stribling. Buyers are still buying and sellers are still selling.

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Housing Market Agents Marketing Inventory 454

Housing Wire

JANUARY 10, 2022

2021 was an extraordinary year for the housing market: mortgage rates at an all-time low, record high annual growth in single-family prices and rents, lowest foreclosure rates in a generation and the largest number of home sales in 15 years. In addition, more for-sale inventory will likely be available on the market.

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Housing Market Marketing Construction Inventory 545

Housing Wire

APRIL 16, 2023

This is one reason housing inventory has taken so long to bottom out. Mortgage rate volatility was so wild in the second half of 2022 and even this year that some home sellers are gun-shy in listing their homes, since they will be buying another one. One thing to notice is that the new listing data in 2022 was higher than in 2021.

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Inventory Housing Market Marketing New Listings 539

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

JANUARY 6, 2021

Phoenix is the first market RedfinNow has launched in 2021, following the launch of San Francisco and Seattle early last month. RedfinNow is entering an already crowded market, joining the likes of Zillow , Opendoor and Keller Offers as well as bridge solutions like Knock Home Swap. with no appointment needed.

Housing Market 468

Housing Market Marketing Open Houses Sellers 468

Housing Wire

MARCH 27, 2023

Housing markets in tech hubs were in high demand during the pandemic, with potential buyers facing fierce competition on homes in cities like San Jose and Austin. According to Redfin’s analysis, Austin, Texas has experienced the most rapidly cooling housing market in the nation over the last year.

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Housing Market Marketing Contracts Buyers 395

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

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.

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Housing Market Marketing Mortgage Inventory 540

Sacramento Appraisal Blog

MAY 25, 2021

Dear Sellers, How are things? The housing market is so chaotic right now, so I wanted to share some thoughts and advice that I thought might help. I hope all is well. This is coming from a good place and it’s based on observations and conversations with the real estate community. I hope this helps. […].

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Sellers Marketing Real Estate Housing Market 494

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

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.

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Inventory Housing Market Marketing New Listings 542

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. A traditional seller is a conventional buyer most of the time.

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Housing Market Marketing Inventory New Listings 475