Housing Wire

JULY 22, 2021

million, according to the National Association of Realtors. You can thank a rise in housing inventory for the gains. million in June 2020 as housing inventory has slowly improved in recent months. Total housing inventory at the end of June amounted to 1.25 from May’s inventory and down 18.8% Sales climbed 22.9%

Inventory 508

Inventory Buyers Realtors Construction 508

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. million in October 2021). NAR lists the current inventory at 1.22 million in October.

Inventory 493

Inventory Marketing Housing Market New Listings 493

Housing Wire

DECEMBER 19, 2024

The National Association of Realtors (NAR) reported that existing-home sales in November rose to a seasonally adjusted annual rate of 4.15 million in March 2024 , and its the highest year-over-year increase since a 23% gain in June 2021. million in March 2024 , and its the highest year-over-year increase since a 23% gain in June 2021.

Inventory 362

Inventory Realtors Housing Market Real Estate 362

Housing Wire

APRIL 22, 2021

For the second consecutive month, existing-home sales fell, according to the latest National Association of Realtors report. The sales for March would have been measurably higher, had there been more inventory.” ” Total housing inventory at the end of March amounted to 1.07 from February’s inventory but down 28.2%

Inventory 476

Inventory Buyers Realtors Investors 476

Housing Wire

JULY 6, 2023

It boils down to two factors, according to housing-industry experts: a lack of housing inventory , or supply; and high demand for that limited housing stock — which also is fueling a jump in new-home sales. trillion in mortgage originations in 2021. In other words, if there were more inventory, we would have more sales happening.”

Inventory 488

Inventory Renovations Real Estate Government 488

Housing Wire

NOVEMBER 21, 2024

million, according to data released Thursday by the National Association of Realtors (NAR). year-over-year improvement, marking the first annualized increase since July 2021. Agents and consumers also have reason to celebrate due to rising inventory levels. Inventory was up 19.1% month over month in October to 3.96

Inventory 370

Inventory Home Improvement Realtors Real Estate 370

Housing Wire

SEPTEMBER 26, 2023

Available inventory of homes for sale is on the rise in late September, which is very unusual for this time of year. In fact, inventory is growing faster than this time a year ago. What’s happening with inventory? Normally by this point in September, available inventory is declining slightly each week.

Inventory 505

Inventory Contracts New Listings Mortgage 505

Housing Wire

SEPTEMBER 23, 2022

The claim by the authors that single-family rental home companies “swoop up much of the inventory” of homes from potential homebuyers is, in fact, not supported by the data in any way, shape, or form. of the nation’s total housing inventory. Rather, large companies own less than 1.5%

Inventory 370

Inventory Housing Market Investors Investing 370

Housing Wire

NOVEMBER 19, 2020

million, according to a report from the National Association of Realtors on Thursday. “With news that a COVID-19 vaccine will soon be available, and with mortgage rates projected to hover around 3% in 2021, I expect the market’s growth to continue into 2021.” At the end of October, housing inventory totaled 1.42

Inventory 545

Inventory Realtors Housing Market Marketing 545

Housing Wire

SEPTEMBER 29, 2022

according to data released Wednesday by the National Association of Realtors. According to Yun, limited inventory and almost non-existent distressed property sales have supported home prices, which he predicts will rise by 9.6% The post Pending home sales down nearly 25% from 2021 in August appeared first on HousingWire.

Contracts 418

Contracts Realtors Inventory Marketing 418

Housing Wire

DECEMBER 22, 2020

million, according to a report from the National Association of Realtors on Tuesday. At the end of November, housing inventory declined yet again, totaling 1.28 Housing inventory hit another record low in November, totaling 2.3 months worth of inventory. A year ago, inventory was at 3.7 This is down 9.9%

Inventory 521

Inventory Housing Market Realtors Marketing 521

Housing Wire

JANUARY 20, 2022

In 2021, homebuyers who successfully purchased a home viewed a median of only eight properties before completing their transaction, according to a report by the National Association of Realtors , published on Tuesday. According to NAR , low inventory is partly to blame for the homebuyers looking at fewer homes than before.

Buyers 448

Buyers Inventory Open Houses Technology 448

Housing Wire

JANUARY 31, 2023

Lack of inventory is an issue builders and mortgage loan originators alike are dealing with across the nation. The inventory put a cap on how much business Marquis’ team can do, which is one of the reasons why Marquis is now licensed in 22 states. In our market here in Boston, we have incredibly low inventory.

Inventory 418

Inventory Marketing Business Buyers 418

Housing Wire

SEPTEMBER 13, 2021

Still, the 69,563 homes that went into contract represented a 9% decrease from the high point set in May 2021. from 55% in early July 2021, according to Redfin. from 55% in early July 2021, according to Redfin. Also noted as seasonally typical is the 16% decline in new home listings from the 2021 peak in June.

Housing Market 538

Housing Market Marketing Inventory Contracts 538

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. The available inventory of existing homes rose by 22% year over year in Q3 2034. New construction inventory has grown in recent months. Census Bureau.

Marketing 370

Marketing Inventory Construction Realtors 370

Housing Wire

JANUARY 22, 2021

Today the National Association of Realtors reported existing home sales for the month of December were at 6,760,000, a beat of estimates. If we don’t get to 6,200,000 or lower in the 2021 monthly sales print, then demand is better than I thought. Also covered in the NAR report was housing inventory.

Housing Market 545

Housing Market Marketing Inventory Realtors 545

Housing Wire

FEBRUARY 7, 2024

After closing out 2023 with its first annual membership decline since 2012, the National Association of Realtors is still struggling with its membership count. January marked the third consecutive month of membership declines for NAR and the month’s Realtor count marks the lowest level since May 2021. This is down 2.1%

Realtors 448

Realtors Agents Brokerage Inventory 448

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 397

Loan Officers Inventory Real Estate Agent Buyers 397

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

JULY 13, 2021

The market is still competitive, but buyers are more trepidatious than they were at the start of 2021, and less willing to pull out every stop in order to win.” In 2018-2019, total housing inventory was in the range between 1.52 million homes, according to the National Association of Realtors. million and 1.92

Inventory 511

Inventory Housing Market Real Estate Agent Buyers 511

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 493

Marketing Inventory Housing Market Buyers 493

Housing Wire

NOVEMBER 22, 2021

The National Association of Realtors ‘ existing home sales report for October came in at a solid beat of estimates at 6.34 As I wrote in my blog in 2020: “The rule of thumb I am using for 2021 is that existing home sales if they’re doing good, should be trending between 5,840,000-6,200,000. million and 6.2 million in 2020.

Inventory 539

Inventory Housing Market Investors Buyers 539

Housing Wire

DECEMBER 18, 2020

And it’s a trend that is only going to get worse, as real estate company Redfin reports that hot housing markets in major southern cities , including Austin, will become less affordable in 2021. There is currently only one month’s worth of housing inventory in Austin. Additionally, residential sales increased by 28.8%

Realtors 476

Realtors Inventory Housing Market Real Estate 476

Housing Wire

AUGUST 26, 2021

.” Khater added that purchase application demand is improving, but very low inventory is the major obstacle to higher home sales. Mortgage rates, for most of 2021, have stayed below 3%, in part because of aggressive monthly asset purchases by the Federal Reserve. Nevertheless, the National Association of Realtors reported 5.99

Mortgage 493

Mortgage Inventory Government Construction 493

Housing Wire

NOVEMBER 3, 2020

nationally by September 2021 as higher prices erode affordability. Data from the National Association of Realtors and U.S. COVID has contributed to the acute shortage of inventory as the pace of new construction slowed and older prospective sellers postponed listing their homes until after the pandemic. by September 2021.

Inventory 497

Inventory Housing Market Construction Marketing 497

Housing Wire

JULY 20, 2021

In 2018-2019, total housing market inventory was in the range between 1.52 million, and that level of inventory helped to drive real home-price growth in 2019 into negative territory briefly. million homes, according to the National Association of Realtors. million and 1.92 million to 5.61

Housing Market 511

Housing Market Marketing Inventory Construction 511

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

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. from April 2021 ($340,700), as prices increased in each region. Wait, what?

Housing Market 528

Housing Market Marketing Inventory Realtors 528

Housing Wire

AUGUST 21, 2020

million, the National Association of Realtors said in a report on Friday. With the sizable shift in remote work, current homeowners are looking for larger homes and this will lead to a secondary level of demand even into 2021.”. One sour note was a shortage of inventory that has plagued the market since 2019. The average U.S.

Inventory 546

Inventory Realtors Real Estate Housing Market 546

Housing Wire

OCTOBER 21, 2021

The National Association of Realtors ‘ existing home sales report for September came in at an excellent beat of estimates at 6.29 Now that we are just 10 days away from Halloween in 2021, we can all chuckle a bit at how wrong the housing bears of 2020-2021 have been. This looks perfectly normal to me.

Realtors 540

Realtors Buyers Mortgage Inventory 540

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. Of the four major U.S. million – 6.2

Inventory 435

Inventory Housing Market Realtors Marketing 435

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 million in January 2021 (when mortgage rates were 2.7%) fell to 3.9 We include details of inventory changes and the relationship to interest rates in the sections below.

Mortgage 459

Mortgage New Listings Inventory Sellers 459

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 482

Inventory Housing Market New Listings Mortgage 482

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 Existing home sales ended 2021 on a more positive note as mortgage demand picked up toward the end of the year. Also, we are starting the year with fresh new all-time lows in inventory. million and 6.16

Inventory 501

Inventory Housing Market Buyers Investors 501

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. Once total inventory levels reach 1.52-1.93

Inventory 518

Inventory Housing Market Marketing Realtors 518

Housing Wire

APRIL 20, 2022

The National Association of Realtors reported that existing home sales for March came in as a miss of estimate at 5.77 However, the real story of 2022 is that the savagely unhealthy housing market continues as inventory is still lower than last year, sending home prices growth into double digits again. Unsold inventory sits at a 2.0-month

Housing Market 505

Housing Market Marketing Inventory Mortgage 505

Housing Wire

NOVEMBER 30, 2020

in October – the second consecutive month the index has fallen as affordability strains the market, a recent report from the National Association of Realtors said. Realtors cited a combination of high demand and low inventory, which are making conditions more competitive and exerting upward pressure on prices.

Inventory 535

Inventory Realtors Contracts Development 535