Housing Wire

MAY 28, 2024

Every state in the country has more homes on the market now than a year ago and, in many places, new construction is being completed and added to inventory, so it’s not just resale inventory that’s growing. New listings climbed during the past week and there are now 72,000 more single-family homes on the market.

Inventory 534

Inventory New Listings Contracts Sellers 534

Housing Wire

MAY 11, 2024

But since 2022, the spreads between them have gotten worse, meaning mortgage rates are abnormally higher than they should be. The slope of the curve in 2024 is much slower than we saw in 2022. In 2022, we saw real price declines in the second half of the year as home sales were crashing.

Mortgage 482

Mortgage Inventory New Listings Housing Market 482

Housing Wire

FEBRUARY 16, 2023

In an odd twist of fate, the delays due to COVID-19 are currently an infrastructure and jobs program for Americans in the construction industry. percent below the January 2022 rate of 1,841,000. percent) below the January 2022 rate of 1,666,000. percent)* above the January 2022 rate of 1,247,000. percent (±15.9

Construction 526

Construction Housing Market Inventory Mortgage 526

Housing Wire

FEBRUARY 16, 2024

New construction starts fell to a seasonally adjusted annual rate of 1.331 million units, down 14.8% month over month in January to a rate of 1.015 million units, the highest level since May 2022. New starts in the Northeast and the Midwest fell 20.6% month over month, according to a report released Friday by the U.S.

New Listings 466

New Listings Construction Inventory Sellers 466

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. From 2013 to 2022 I forecasted price growth every year.

Housing Market 543

Housing Market Marketing Inventory New Listings 543

Housing Wire

MARCH 6, 2024

Still, contacts emphasized that the number of units for sale stayed far short of what they considered a balanced market, and that a dearth of inventories had contributed to faster house price growth from 2022 to 2023. New York: Housing markets strengthened as the spring selling season got underway a bit earlier than normal.

Mortgage 448

Mortgage Real Estate Inventory Construction 448

Housing Wire

MAY 30, 2023

below its June 2022 peak.” Low inventory , maintained by an extremely low level of new listings coming onto the market, has fueled demand amongst the few buyers who can afford to stay shopping. increase in home prices in the first quarter of 2023 from the first quarter in 2022. compared to the fourth quarter of 2022.

Mortgage 435

Mortgage Inventory Construction New Listings 435

Housing Wire

DECEMBER 14, 2024

Mortgage rates picked up last week, though that hasnt significantly impacted our pending contract data, which is showing some positive year-over-year growth when we compare it to 2022 and 2023. Remember, were coming from some of the lowest levels ever, so we should take these little bounces with a grain of salt. Weekly inventory change (Dec.

Mortgage 448

Mortgage Inventory New Listings Contracts 448

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.” With existing inventory down, Schuler said new construction has taken on a larger role in his market. 23, 2024.

Housing Market 468

Housing Market Marketing Inventory Construction 468

Housing Wire

JANUARY 19, 2023

High inflation has reduced consumers’ purchasing power, which has led to weakened sales and construction across all 12 Federal Reserve districts. Housing markets continued to weaken, with sales and construction declining across [all 12 Federal Reserve] districts,” according to the Federal Reserve Beige Book released on Wednesday.

Inventory 448

Inventory Housing Market Marketing Construction 448

Housing Wire

JUNE 16, 2021

While the housing research group believes current inflation acceleration could be considered transitory, price pressures in all sectors – not just housing – are likely to last into 2022. million – an expected result of a market scrambling to get new builds up. “We forecast refinance volume in 2022 to total $1.2

Housing Market 508

Housing Market Development New Listings Marketing 508

Housing Wire

FEBRUARY 24, 2023

percent) below the January 2022 estimate of 831,000. As I have stressed for months, the new home sales levels are historically low and don’t account for the cancellation rate. months of the supply is active listings, 68K 5 months of the supply is still under construction, 280K 1.6 percent (±20.4 percent (±13.1

Inventory 501

Inventory Construction Housing Market Mortgage 501

Housing Wire

JUNE 18, 2023

Active housing inventory grew while new listing data fell. 9, 2022 , this data has been forming a bottom-end range. New listings data is another big story with housing inventory. Below are some numbers to compare the new listings data in recent years.

Housing Market 505

Housing Market Marketing Inventory New Listings 505

Housing Wire

AUGUST 29, 2024

That means currently just over 700,000 single-family homes are unsold, with about 10% of those going into contract each week, and another 75,000 new listings. Since mortgage rates started rising in 2022, Americans have shifted into what we might call The Great Stay. Since 2022, Americans are staying put.

Inventory 482

Inventory Real Estate Housing Market Construction 482

Housing Wire

JUNE 26, 2023

This lack of inventory has also resulted in the return of home price growth in recent months and has boosted new home construction, Fannie Mae ‘s Economic and Strategic Research (ESR) Group said Monday. Census Bureau showed that about 1.69

Inventory 370

Inventory Construction New Listings Housing Market 370

Appraisal Buzz

JUNE 14, 2024

New listings: New listings rose most in San Jose, CA (32.7%), Seattle (31.2%) and Denver (31.1%). They fell most in Atlanta (-7.7%), New Orleans (-4.4%) and Greensboro, NC (-4.3%). Active listings: Active listings rose most in North Port, FL (51.1%), Tampa (46%) and Cape Coral (45.1%). Ongoing U.S.

Sellers 435

Sellers Buyers New Listings Mortgage 435

Housing Wire

JULY 7, 2022

2022 State of the Mortgage Industry: Affordability and Inventory. It was no surprise that affordability hit the top of the list in every interview. In Portland, Oregon, for example, one loan officer noted that new listings doubled in the second half of May from 800 to 1,900 new listings.

Inventory 418

Inventory Marketing Mortgage Supply Chain 418

Housing Wire

JANUARY 19, 2024

from December 2022 to $382,600 – the sixth consecutive month of year-over-year price increases. from December 2022 ($366,500). Just remember, the year-over-year comps were very easy because home prices were declining in the second half of 2022, so we have easier comps to work from. From NAR : Existing-home sales waned 1.0%

Housing Market 493

Housing Market Inventory Contracts Marketing 493

Housing Wire

JANUARY 7, 2025

For mortgage rates to go lower, we need to focus on the labor market, which has been critical to every economic cycle in recent history, and particularly the labor market for residential construction and remodeling, Mohtashami wrote.

Housing Market 429

Housing Market Mortgage Marketing Inventory 429

Housing Wire

AUGUST 3, 2022

To say that mortgage rates have been on a wild Mr. Toad’s ride in 2022 is an understatement. We know the impact in 2022, working from the highest bar in recent history. However, that got smashed in just two years, and prices are still rising in 2022. We see some of this in the active listing data as new listings are declining.

Mortgage 514

Mortgage Inventory Sellers Housing Market 514

Housing Wire

JULY 25, 2022

Fannie Mae ’s Economic and Strategic Research Group also released a recent report that projects year-over-year growth in home-price appreciation for 2022 will reach 16%. Homes listed for sale are increasingly seeing asking-price reductions, and both construction and home sales — both existing and new — are slowing.”.

Housing Market 418

Housing Market Marketing Supply Chain Real Estate 418

Housing Wire

AUGUST 23, 2023

New home sales According to the recent Census report , “Sales of new single‐family houses in July 2023 were at a seasonally adjusted annual rate of 714,000, according to estimates released jointly today by the U.S. This is 4.4% (±12.8%) above the revised June rate of 684,000 and 31.5% (±16.3%) above the July 2022 estimate of 543,000.”

Mortgage 370

Mortgage Inventory Construction Sellers 370

Housing Wire

NOVEMBER 28, 2022

did not go into a recession at the start of 2022. The downturn in the LEI reflects consumers’ worsening outlook amid high inflation and rising interest rates, as well as declining prospects for housing construction and manufacturing. In addition, we have a lot of two-unit construction built, which will bring more supply online.

Transportation 538

Transportation Construction Housing Market Mortgage 538

Housing Wire

SEPTEMBER 12, 2023

So, the author tried to use new construction prices from back in April to describe the whole U.S. Inventory grew in 2022 for the seven weeks from mid-September through the end of October. The median price of the newly listed cohort is $390,000 now, that’s down from last week and essentially unchanged vs last year.

Contracts 435

Contracts Inventory Housing Market Buyers 435

McKissock

DECEMBER 10, 2021

As the end of the year approaches, housing market predictions for 2022 abound. Fortune reviews various 2022 housing forecasts, focusing specifically on home price growth. Redfin predicts a more balanced residential market in 2022. Predictions for the top housing markets of 2022 may surprise you. Boise City, Idaho.

Housing Market 79

Housing Market Appraisal Marketing Appraisal Process 79

Raleigh Realty

JULY 12, 2022

Let’s take a deep dive into emerging data in Wake County from 2022 and narrow down on key Raleigh real estate trends. of its original list price in Q1 of 2022. In this post, we’re going to cover the Raleigh real estate trends in 2022 so far, including: Rated number one in the U.S. in the fall 2022 semester.

Real Estate 78

Real Estate Supply Chain Construction Home Value 78

Lamacchia Realty

MARCH 29, 2022

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for February 2022 compared to February 2021. Miami-Dade & Palm Beach Counties. What's Ahead? Buyer Resources.

New Listings 48

New Listings Inventory Realty Buyers 48

Lamacchia Realty

FEBRUARY 25, 2022

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for January 2022 compared to January 2021. Broward County. Miami-Dade & Palm Beach Counties. What's Ahead?

New Listings 41

New Listings Inventory Realty Buyers 41

Empire Appraisal Group

AUGUST 3, 2023

In the two months after the devastating September 2022 storm, Cape Coral-Fort Myers saw 900 fewer new listings than there would have been had the storm not hit, according to Redfin projections. But in the six months after that, the area had 1,314 more new listings than projected, a number that more than offsetting the shortfall.

Real Estate 78

Real Estate New Listings Real Estate Agent Insurance 78

Empire Appraisal Group

SEPTEMBER 8, 2022

The housing market has taken a few hits, such as a doubling of mortgage rates in 2022, but it remains solid even if legitimate news providers suggest doom and gloom. NEW YORK – The rock-hard foundation of the U.S. home prices are about to tumble as demand for new houses ‘craters,’ an economist warns.” Nowhere in Sight.

Housing Market 78

Housing Market Marketing Real Estate New Listings 78

Listing Spark

SEPTEMBER 25, 2023

From late summer of 2022 to now, the Texas real estate market has experienced one of the most unpredictable corrections in recent history, leaving a lot of home-buyers and sellers scratching their heads and trying to make sense of what is going on. But by mid-2022, they shot up to over 6%. Let’s make sense of it all together!

Real Estate 69

Real Estate Sellers New Listings Inventory 69

Will Springer Realtor

OCTOBER 15, 2024

Realtor.com reported that our broader market (including Bellevue and Tacoma) experienced the sharpest rise in new listings compared with last year, up 42%. The 14% monthly rise in King County new listings included a shocking 52% surge in Seattle (1430 units). The number of Active listings is another eye-opener.

Housing Market 68

Housing Market Marketing Construction Buyers 68

Will Springer Realtor

JANUARY 10, 2023

The number of new listings for all home types – single-family, townhomes and condos combined – in King (887) fell 47% from November and declined 36% from December 2021. The bar is so low on listings and sales data that one might trip over it. Exclusive Eastside communities topped 2022’s highest-priced home sales.

Housing Market 36

Housing Market Marketing Inventory Real Estate 36

GoForrmz

OCTOBER 26, 2022

Now as 2022 starts to wind down, a lot of people are trying to forecast how the housing market will turn out in 2023. Whether you’re searching for forms for construction , property management, home services, buying, or selling, we’re here to help. We at GoFormz are dedicated to making your life easier.

Real Estate 78

Real Estate Contracts Clients Real Estate Agent 78

Will Springer Realtor

SEPTEMBER 8, 2021

The company forecasts an 8% YoY increase in new communities for 2021 across the U.S. and another 10% boost in 2022. Others – Meritage Homes (+20% YoY in 2021) and Tri Point Homes (+15-30% YoY in 2022) – expect tremendous growth of new communities. And many of the new projects are larger than in years past.

Construction 36

Construction Inventory Buyers Real Estate 36

Will Springer Realtor

AUGUST 15, 2023

The season has been shaped by slumping new listings, a slowly climbing number of homes sitting on the market from previous months, fewer closed sales compared to last year and prices moving plus/minus five percentage points year-on-year (YoY). monthly decline in available Seattle listings (793). The county saw a 4.9%

Sellers 62

Sellers Buyers New Listings Inventory 62

Will Springer Realtor

FEBRUARY 13, 2024

And, despite the rise in new listings, the number of homes still on the market on Feb. The figures were promising from the single-family-home category as well, with new listings jumping 129% (1335) from December in King and up a negligible 0.5% fewer (1842) than on Jan. from a year ago. more versus January 2023.

New Listings 57

New Listings Buyers Inventory Lending 57