Housing Wire

MARCH 14, 2025

housing market is anything but stable right now and residents are feeling it. housing market using weekly data from Altos, which includes more than 60 different data points on every metro area in the country, to see how employment is changing the housing market. ’s job market. housing market.

Housing Market 370

Housing Market Marketing New Listings Inventory 370

Appraisal Buzz

DECEMBER 30, 2024

If youre thinking about buying or selling a house and wondering about the housing market, youre not the only one. The real estate market has seen a lot of unusual trends in the past couple of years, so it makes sense that youd want the latest market update before you make any major decisions! Is It a Buyers Market?

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Housing Market Marketing Inventory Real Estate 363

Appraisal Buzz

DECEMBER 16, 2024

As Baby Boomers age out of their homes, will it help create enough inventory to boost the housing market? As per a recent report from Zillow , it all depends on the specific housing market. In 2022, there were roughly 20.9 Thats compared to the 8.1 Among the 50 largest U.S. Louis (19%) and New Orleans (18%).

Housing Market 370

Housing Market Marketing Inventory Appraisal 370

Appraisal Buzz

NOVEMBER 26, 2024

Zillow anticipates a more active housing market with more buyers obtaining the upper hand in 2025. Compared to the record rent growth in 2022, the market for apartment tenants was comparatively favorable this year. As 2025 draws near, mortgage rates are once again in the news. Pets deserve homes too!

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Housing Market Tenants Marketing Mortgage 396

Housing Wire

JANUARY 13, 2025

While the current focus is rightfully on containing the blazes and protecting residents, its worth taking stock of where housing markets stand in the affected parts of the Los Angeles metro area. Data from Altos Research shows an area with expensive housing, rising inventory and conditions that lean favorable to sellers.

Housing Market 393

Housing Market Marketing Sellers New Listings 393

Appraisal Buzz

NOVEMBER 7, 2024

Consumer confidence in the housing market increased in October, reaching its highest level since February 2022, according to Fannie Mae’s Home Purchase Sentiment Index. The share of consumers who think it’s a good time to buy a home increased to 20%, while the share who think it’s a good time to sell a home declined to 64%.

Housing Market 195

Housing Market Marketing Mortgage Appraisal 195

Appraisal Buzz

NOVEMBER 7, 2024

pushing the measure of consumer confidence to its highest level since February 2022 and significantly higher than the all-time low recorded two years ago. The post Consumers Feeling Better About Housing Market Despite High Home Prices first appeared on The MortgagePoint. points in October to 74.6,

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Housing Market Marketing Mortgage Finance 370

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 Q1 2022, when investors were taking advantage of low mortgage rates. As the U.S. Investors purchased $38.8 Now there’s a middle ground. Miami saw a 19.4%

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Investors Real Estate HOA Housing Market 488

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. We never saw the Airbnb crash that dominated some of the housing headlines in 2023. Weekly inventory change : (Dec.15-22)

Housing Market 538

Housing Market Marketing Inventory New Listings 538

Housing Wire

JANUARY 24, 2025

Existing home sales ended the year on a positive note , which aligns with our weekly Housing Market Tracker data, but something surprising is that home prices firmed up late in the year as well. However, housing demand surged when mortgage rates fell in the early 1980s during a recession. Also, the monthly supply is 3.3

Inventory 482

Inventory Housing Market Sellers Marketing 482

Housing Wire

MARCH 31, 2025

There are three big trends in the spring 2025 housing market: Supply continues to build. That pace slowed dramatically in 2022 and turned negative in January 2023. In 2022, we could see very specific, very rapid moments of home prices dropping. Ive highlighted those in the green line here from 2022. Thats up 1.1%

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New Listings Inventory Housing Market Sellers 472

Housing Wire

MARCH 15, 2025

Earlier this year, when mortgage rates soared to 7.26%, a cloud of worry hung over the housing market many feared that home sales would tumble in 2025, fueled by concerns about inflation and tariffs. housing market revolves around the direction of the 10-year yield. Only time will tell because, as always for me, the U.S.

Mortgage 537

Mortgage New Listings Inventory Housing Market 537

Housing Wire

JANUARY 29, 2025

The housing market in 2024 was about as frustrating for the real estate industry as you can imagine. This is particularly true for builders with in-house mortgage businesses. Whether 2025 will be a better market depends on who you ask. In the current climate, homebuilders have advantages over existing-home sellers.

Sellers 488

Sellers Housing Market Realtors Inventory 488

Appraisal Buzz

OCTOBER 11, 2024

“Let’s not mistake correlation for causation,” said researcher and Deputy Chief Economist for First American Financial Corporation Odeta Kushi , who publishes quarterly analyses of housing market data and trends. A housing recession does not necessarily kick things off.”

Housing Market 418

Housing Market Marketing Construction Real Estate 418

Housing Wire

MARCH 18, 2025

New home sales arent crashing anymore New home sales peaked in October of 2020 with 1,031,000 new home sales and then in 2022 that number crashed all the way down to 519,000 by June. However, after that decline and when mortgage rates started to fall late in 2022 home sales rebounded all the way back to 741,0000.

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Construction Inventory Housing Market Mortgage 436

Housing Wire

JULY 6, 2024

This is precisely what the doctor ordered for the housing market. In March of 2022, we only had 240,000 active single-family homes available for sale, leading me to call the housing market savagely unhealthy as we simply had too many people chasing too few homes. Last week, we returned close to recent lows.

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Housing Market Mortgage Inventory Marketing 476

Housing Wire

OCTOBER 15, 2024

Fannie Mae on Tuesday announced enhancements to its Expanded Housing Choice (EHC) initiative, opening it up to all jurisdictions without source-of-income protections. The pilot program incentivizes borrowers of Fannie-backed multifamily loans to accept vouchers as a valid source of income.

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Landlords Tenants Property Management Legal 476

Housing Wire

APRIL 27, 2024

Here’s the new listings data for last week over the last several years: 2024: 70,665 2023: 63,236 2022: 72,009 Price-cut percentage In an average year, one-third of all homes take a price cut — this is standard housing activity. 2022: 19.2% When mortgage rates increase, demand falls and the price-cut percentage grows.

Inventory 514

Inventory Housing Market Marketing New Listings 514

Housing Wire

FEBRUARY 12, 2025

And it’s beginning to approach 2022 levels. And if you remember, rates were very different in Q1 2022. This year, we’re seeing Q1 demand actually higher than it’s been the last couple of years about 25% higher than 2024 and 2023. Kheyfets: One is home sales , the world in which you live.

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Renovations Design Marketing Housing Market 307

Housing Wire

JANUARY 29, 2025

The Federal Reserve didnt raise or cut interest rates today, but the meeting highlighted something I have been emphasizing since 2022: the Fed is shaping its policy around the labor market more than inflation. However, the Fed only cut rates when they believed the labor market was softening in the second half of 2024.

Marketing 429

Marketing Housing Market Construction Mortgage 429

Housing Wire

APRIL 5, 2025

Mortgage rates recently hit a year-to-date low, coinciding with ongoing market disruptions from tariffs. The more encouraging story, however, is that the spring season is shaping up positively for the housing market. Notably, purchase applications show growth both year-to-date and year-over-year.

Mortgage 533

Mortgage New Listings Inventory Housing Market 533

Housing Wire

SEPTEMBER 17, 2024

Like the vast majority of the country, the city’s housing market has been stymied by high mortgage rates, low inventory and mismatched expectations between buyers and sellers. From March 2020 to July 2022, the median home price rose 23% before hitting a brief lull. 25 statewide in 2023 transaction volume.

Housing Market 479

Housing Market Marketing Sellers Buyers 479

Housing Wire

JANUARY 10, 2025

This is the fifth round of layoffs at Redfin since June 2022, when Redfin laid off 500 employees as the housing market began to turn. It then cut another 862 positions in November 2022, partially due to the shutdown of its iBuying program. The brokerage most recently laid off 82 employees in August 2024.

Brokerage 397

Brokerage Agents Housing Market Marketing 397

Housing Wire

NOVEMBER 23, 2024

24): Inventory fell from 569,898 to 565,875 The all-time inventory bottom was in 2022 at 240,497 The inventory peak for 2024 so far is 739,434 For some context, active listings for this week in 2015 were 1,104,310 New listings data While active inventory didn’t rise, we did get a nice boost in new listings this last week.

Mortgage 514

Mortgage Inventory New Listings Contracts 514

Housing Wire

OCTOBER 28, 2024

All the dominant trends in the housing market this year seem like they would indicate home prices declining. With just a few local market exceptions, home prices nationally will finish the year up again and will go into 2025 with some upward momentum. Sales are coming in a little better each week compared to last year and 2022.

Inventory 476

Inventory New Listings Sellers Contracts 476

Housing Wire

FEBRUARY 24, 2025

housing market. more homes on the market now than a year ago. I continue to interpret any growth in sellers as a good sign for a healthier housing market. housing market is not showing signs of a flood of sellers, absolutely none. It happened in 2022 and you can see it in this chart here.

Inventory 495

Inventory New Listings Sellers Contracts 495

Housing Wire

MARCH 8, 2025

Does this indicate that the housing market is beginning to wake up just in time for spring? I’ve noticed that housing data tends to improve when mortgage rates drop from 6.64% to 6%, especially when I adjust for seasonal demand. It is important to note that mortgage rates rose to around 6% in late 2022 and early 2023.

Mortgage 451

Mortgage Inventory New Listings Housing Market 451

Housing Wire

MARCH 7, 2025

Labor over inflation has been my mantra since late 2022. Today, the BLS jobs report showed that the labor market is getting softer, but it’s not breaking. However, there is a limit to the downside on mortgage rates until the labor market breaks, or we get more than 1% rate cuts from the Fed.

Marketing 439

Marketing Mortgage Government Transportation 439

Housing Wire

JULY 15, 2024

If we look at the housing market right now, sales are down, new listings are down and prices are decelerating. Good inflation data came in last week, the bond market rallied and mortgage rates took a notable dip below 7% for the first time in months. If so, how should we expect the housing market to react?

Housing Market 497

Housing Market New Listings Marketing Mortgage 497

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.

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Housing Market Buyers Law Lending 364

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.

Inventory 425

Inventory New Listings Housing Market Sellers 425

Housing Wire

FEBRUARY 12, 2025

This is the sixth round of layoffs at Redfin since June 2022, when Redfin laid off 500 employees as the housing market began to turn. It then cut another 862 positions in November 2022, partially due to the shutdown of its iBuying program. Redfin is set to announce its quarterly earnings at the end of the month.

Investors 430

Investors Housing Market Marketing Real Estate 430

Housing Wire

MARCH 6, 2025

The housing market in Washington D.C. Sweeping cuts by Elon Musks DOGE agency have sent many government employees packing, while other staff need to find housing in the area to comply with return-to-work mandates. housing market. housing market over the next few months. housing market.

Inventory 344

Inventory New Listings Government Housing Market 344

Housing Wire

FEBRUARY 5, 2025

The weaker demographics for homeownership and the disappearance of exotic loan options meant that the market couldn’t maintain such high numbers for long. In essence, this was a time of significant change, where the realities of the housing market were reshaping what the percent of homeownership would look like.

Buyers 478

Buyers Housing Market Marketing Mortgage 478

Housing Wire

JANUARY 17, 2025

Todays housing starts data exceeded estimates; however, a closer examination of the report with the builder confidence reveals that the recent rise in mortgage rates , approaching 7.25%, has negatively affected builder sentiment. Since late 2022, our analysis indicates that mortgage rates in the 6%-6.5% or lower.

Mortgage 488

Mortgage Housing Market Construction Marketing 488

Housing Wire

OCTOBER 7, 2024

The purchase market is slower to respond, and the data now is still showing the positive impact of lower rates of recent weeks. Mortgage rates bounced back up over the last couple days, and it demonstrates how fragile this housing market recovery could be. Rates spiked in the autumn of 2022.

Housing Market 476

Housing Market Marketing Mortgage Contracts 476

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.” By January 2022, they had climbed to $1,612. This is something we see in a lot of other markets.”

Marketing 370

Marketing Housing Market Property Taxes Construction 370