Housing Wire

DECEMBER 9, 2024

Weve now been in the post-pandemic housing market recession market as long as we were in the pandemic boom. Does the housing market start to get back to normal? The number of unsold homes on the market is finally getting closer to 2019 levels. But, the market change isnt evenly distributed. Two and a half years.

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Housing Market Marketing Inventory Sellers 418

Housing Wire

APRIL 25, 2025

After years of identifying the housing market as unhealthy culminating in a savagely unhealthy housing market in early 2022 I can confidently assert that the housing market in 2024 and 2025 is on better footing. The last two years have ushered in a healthier market for the future of existing home sales.

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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. Bureau of Labor Statistics.

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Marketing Mortgage Government Construction 431

Appraisal Buzz

MARCH 13, 2025

As housing affordability reached its lowest point since 2006, one group stood out in defying market trendssingle women. Between 2019 and 2022, the median net worth of single women grew from $54,400 to $74,500. Additionally, a home remains the largest asset for most single women, accounting for 66% of their total wealth in 2022.

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Housing Wire

JANUARY 9, 2025

Despite the frequency of departures, real estate agents in the state say the housing market remains strong. On the balance, there are still more buyers with their eye on a purchase than there are houses on the market. Statewide, the housing market has a 90-day average Altos Market Action Index score of 44.18 as of Jan.

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Housing Wire

OCTOBER 22, 2024

New pending sales are also on the rise, with the 60,000 homes going under contract last week representing a 9% increase from the same week last year and an 11% increase from the same week in 2022. “The current pending sales got a boost from lower mortgage rates last month, but those mortgage gains are gone now.

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Housing Wire

NOVEMBER 22, 2024

But the narrative is more complex in niche markets like the Texas capital of Austin. Social media posts have fueled speculation that Austin’s rental market is in freefall. Gerli told HousingWire in an emailed response that normalizing market conditions would be indicated by a slow and gradual decline in rents. by September.

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Marketing Housing Market Property Taxes Construction 370

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 marked the lowest market share for new homes in three years. market share, while first-quarter 2022 saw a record high of 34.4%. Census Bureau.

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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. more homes on the market than 2024.

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Housing Market Marketing New Listings Inventory 370

Housing Wire

NOVEMBER 13, 2024

On Tuesday, the firm launched Compass Resort, a network for agents in vacation-home markets and clients searching for second homes. ” According to its announcement, Compass feels that now is the right time to launch a resort division as the market for second homes is growing. .”

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Agents Marketing Luxury Properties Real Estate 370

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 million familiesliving with non-relatives in 2022 that were likely in need of their own place.

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Appraisal Buzz

OCTOBER 16, 2024

According to the Realtor.com September Rental Report, there remains a geographical gap in the rental market despite a national trend of overall rent declines. Despite a nationwide decline in rent, nine of the ten Midwestern markets included in the 50-metro survey experienced year-over-year increases in rent in September.

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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! Will Interest Rates Go Down in 2025?

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Housing Market Marketing Inventory Real Estate 363

Appraisal Buzz

NOVEMBER 26, 2024

Zillow anticipates a more active housing market with more buyers obtaining the upper hand in 2025. As the market gradually recovers, 2025 should bring more sales and relatively moderate increases in property values. Working with an excellent realtor to assist price and market a house listing will be more crucial than in previous years.

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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. LAs housing market has largely stabilized after the turbulence of the post-pandemic years and the rapid rise of mortgage rates beginning in 2022.

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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%.

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Housing Wire

FEBRUARY 12, 2025

The duo explore current and upcoming trends in the home renovation market. It is a $470 billion dollar market. And it’s beginning to approach 2022 levels. And if you remember, rates were very different in Q1 2022. This interview has been edited for length and clarity. The renovation space is so fascinating.

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Housing Wire

JANUARY 30, 2025

recently hired Bijoy John as its new senior vice president of marketing. “We are thrilled to welcome Bijoy John as the new Senior VP of Marketing at Sage Home Loans Corporation,” Sage Home Loans’ CEO Mike Malloy said in an email. As the lender’s new head of marketing, John can bring this vision to life.

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Appraisal Buzz

FEBRUARY 25, 2025

short-term rental market. As the market matures, the winners will be those who leverage precise, data-driven insights to adapt to shifting trends and capitalize on the strongest opportunities, said Jamie Lane, SVP of Economics at AirDNA. year-over-year (YOY) in 2022, cooled significantly, dropping to just 6.9%

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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 billion worth of properties in Q3 2024, up 3.4%

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Appraisal Buzz

FEBRUARY 4, 2025

real estate market. While the Sun Belt region is the most dramatic example of this phenomena, insurance markets responding to the increasing awareness of climate risk are materially changing the calculus behind home ownership and the desirability of entire communities across the country. The post How the Climate Is Reshaping the U.S.

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Housing Wire

DECEMBER 12, 2024

Every title company wanted a great piece of the current refi market and most would do about anything to obtain it.The problem; almost all were late to the party and not prepared. Unfortunate for most, whereas a few had prepared, most did not see the magnitude of this market anomaly! Consumers were refinancing in astronomical numbers!

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Marketing Buyers Business Lending 367

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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Housing Wire

MARCH 31, 2025

Cash buyers dominate the market, accounting for 42% of home purchases. ” Population growth in Tampa has significantly rebounded with nearly 52,000 new residents in 2022-2023, up from a loss of nearly 13,000 in 2019-2020. New York remains the top feeder state for Florida at 18% of all incoming residents.

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Housing Wire

MARCH 31, 2025

There are three big trends in the spring 2025 housing market: Supply continues to build. There are lots of markets around the country where home prices are already below last year at this time, but the national average has remained positive so far. That pace slowed dramatically in 2022 and turned negative in January 2023.

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New Listings Inventory Housing Market Sellers 472

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. As a result, we’re now only 21% fewer homes on the market than this point in 2019.

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Inventory New Listings Sellers Contracts 476

Housing Wire

FEBRUARY 24, 2025

housing market. more homes on the market now than a year ago. By the end of May there were 38% more homes on the market than the year prior. California and Arizona have 45% more homes unsold on the market now than a year ago. Texas only has 31% more homes on the market. There are 28.7% California and Arizona are.

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Inventory New Listings Sellers Contracts 495

Housing Wire

OCTOBER 15, 2024

The government-sponsored enterprise (GSE) said the Housing Choice Voucher program, which launched in 2022, assists very low-income families, seniors and people with disabilities in being able to afford stable and quality housing in the private market. It’s now available to borrowers in all parts of the U.S.

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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.

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Mortgage Inventory New Listings Contracts 514

Housing Wire

NOVEMBER 26, 2024

The numbers represent the slowest pace of new-home sales since November 2022, when the seasonally adjusted annual rate was 596,000. The post-pandemic low point occurred in July 2022, when the rate fell to 519,000. decline compared to September and a 9.4% decline year over year. The median sale price of a new home hit $437,300, a 4.7%

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Appraisal Buzz

NOVEMBER 1, 2024

at the beginning of 2022 and 30.5% For a number of factors, the proportion of newly constructed homes for sale has decreased from its peak, including: The market has seen an increase in existing inventory. A large portion of the new development on the market has been purchased by homebuyers. in Q2 of 2022. in Q1 of 2022.

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Construction Inventory Real Estate Agent Agents 370

Appraisal Buzz

DECEMBER 2, 2024

Realtor.com notes that new rental properties coming onto the market are expected to put continued downward pressure on rents next year. Construction boosts supply More completed multi-family homes made their way to the market in 2024, as projects started in 2022 and 2023 were completed. from its October 2022 peak but is 12.5%

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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. That situation is not present in todays housing market as active inventory is almost 1 million, not 4 million like in 2007.

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Inventory Housing Market Sellers Marketing 482

Housing Wire

JANUARY 29, 2025

The housing market in 2024 was about as frustrating for the real estate industry as you can imagine. Its a stunning number given how bad the market was in the years after the financial crisis in 2008. Whether 2025 will be a better market depends on who you ask. According to NAR, existing-home sales finished 2024 at a dismal 4.06

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Sellers Housing Market Realtors Inventory 488

Housing Wire

APRIL 21, 2025

Sellers are feeling nervous because a lot of them bought at the top of the market in 2021 and 2022, and will now be re-buying at a higher mortgage rate. Redfin analysts note that markets in Florida and Texas have already been adjusting to a slower pace for some time. Theyre worried about net proceeds, she said. Miami (down 13.1

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Sellers HOA Buyers Real Estate 433

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 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. This unexpected turn of events breathed new life into the market, pushing purchase application data into positive territory for the year.

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