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. The rise in the number of homes that received multiple offers is reflected in the increased frequency of bidding wars in 2021. About two-thirds of sellers (65%) also reported buying a home.

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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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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?

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Housing Wire

DECEMBER 29, 2021

A bullish housing market. What a year 2021 has been. 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.

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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.

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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?

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Housing Market Marketing Real Estate Agent Sellers 546

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.

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Sacramento Appraisal Blog

JANUARY 28, 2025

The housing market is heating up, but it’s not blazing hot. UPCOMING SPEAKING GIGS: 1/31/25 Prime Real Estate […] The post The housing market is warm. UPCOMING SPEAKING GIGS: 1/31/25 Prime Real Estate […] The post The housing market is warm. Let’s unpack that today. Any thoughts?

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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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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.

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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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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

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Housing Market Marketing Sellers Inventory 538

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. Redfin agents in the state say that its now a buyers market where sellers have to make concessions to bring buyers to the table. year over year. year-over-year jump.

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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)

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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 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

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Housing Wire

MARCH 10, 2025

The spring housing market is still trying to spring. There are plenty of weak signals in the housing market, of course. There are plenty of weak signals in the housing market, of course. The unsold inventory of homes on the market across the country is 28% greater than last year at this time.

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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 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 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.

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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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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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Housing Wire

FEBRUARY 25, 2025

annually since 2020 , led by markets in Florida, North Carolina, Southern California, and Arizona. observed in 2021 and are seeing below-trend growth over the history of the index,” said Brian Luke of S&P Dow Jones Indices. Home prices stalled during the second half of the year with markets in the West dropping the fastest.

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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 10, 2021

As we approach the end of another hot year for the market, homebuyers and sellers are eagerly looking ahead to the 2022 housing market. Will the market continue its streak of strong growth, or are we finally about to see a slow down? The post Will the housing market continue its hot streak in 2022?

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Housing Market Marketing Inventory Sellers 543

Housing Wire

JULY 7, 2021

Sellers, rejoice. Roughly 77% of respondents to 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, said now is a good time to sell. in June 2021. That’s up from 67% the prior month. Overall, the HSPI decreased by 0.3

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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

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. This indicates that buyers and sellers alike are showing signs of frustration in waiting for rates to fall. million units.

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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

JUNE 21, 2022

NAR Research : The median existing-home price for all housing types in May was $407,600, up 14.8% from May 2021 ($355,000), as prices increased in all regions. Since the summer of 2020, I have truly believed that once the 10-year yield broke over 1.94% — which means 4% plus mortgage rates — the housing narrative would change.

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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.

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Housing Market Marketing Inventory New Listings 543

Appraisal Buzz

JANUARY 27, 2025

Since it usually takes six months to rehabilitate and bring distressed properties back to the retail market, local community developers must project housing market circumstances when purchasing distressed properties at auction. Even while sellers kept their prices the same for the quarter, that bid-ask spread shrank.

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Sellers Buyers Marketing Real Estate 415

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. Regional numbers also reflect the enormous difference in housing market demand from April 2020. from a year ago.

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Housing Market Marketing New Listings Mortgage 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.

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Housing Market Marketing Real Estate Agent Inventory 446

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 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 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.

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