Housing Wire

FEBRUARY 24, 2025

In 2024, we saw a notable increase in buyer demand when mortgage rates got close to 6%. However, mortgage rates were climbing to their highest level of the year at this time in 2024. New listings To get a lot of homes on the market though we need some sellers. In total, it was another week with fewer home sellers that last year.

Inventory 495

Inventory New Listings Sellers Contracts 495

Housing Wire

APRIL 5, 2025

Additionally, our weekly pending contract data and new listings are trending positively compared to last year. Weekly total pending sales The latest weekly total pending contract data from Altos offers valuable insights into current trends in housing demand. Stay alert for breaking news.

Mortgage 529

Mortgage New Listings Inventory Housing Market 529

Housing Wire

OCTOBER 28, 2024

The median price of the homes that went into contract this week — these are the new purchase offers with contracts pending — is now 6% greater than last year. Let’s take a look at the data for the end of October 2024. They’re already in contract, so they don’t add to the active inventory.

Inventory 476

Inventory New Listings Sellers Contracts 476

Housing Wire

JANUARY 20, 2025

New contracts for home purchases are coming in very low this month. In the fourth quarter of 2024, sales were coming in at 5% to 10% more than the year prior. Buyer activity has been dropping for several weeks and there are now fewer homes in contract than a year ago. Are there too many sellers or are there too few?

Mortgage 397

Mortgage Inventory New Listings Contracts 397

Housing Wire

DECEMBER 30, 2024

Rising housing inventory levels in 2024 may not be the positive sign of market health that they appear to be. Rising supply is one of the housing market highlights of 2024, according to HousingWire Lead Analyst Logan Mohtashami , who said that housing inventory is approaching levels seen in 2019 before the COVID-19 pandemic.

Inventory 488

Inventory Sellers Housing Market Contracts 488

Housing Wire

NOVEMBER 23, 2024

Weekly pending sales The Altos Research weekly pending contract data provides insights into real-time demand. Even today, the pending contract data remains resilient despite higher home prices and mortgage rates than last year. Still, when it’s all said and done, 2024 will be the second-lowest new listings year in history.

Mortgage 514

Mortgage Inventory New Listings Contracts 514

Housing Wire

MARCH 17, 2025

There were nearly 7% more sellers last week than the week prior. Here’s the bottom line: This spring, more sellers are trying to sell their homes. Here’s the bottom line: This spring, more sellers are trying to sell their homes. What is driving the sellers’ behavior? That means more sellers in time.

Inventory 428

Inventory New Listings Housing Market Sellers 428

Housing Wire

JANUARY 6, 2025

For the four December weeks in 2024, there were just 44,000 new pending home sales on average for single-family homes. In those times, we just had far more buyers than sellers. So lets take the opportunity to look at a slightly different view of seller volume. There are 260,000 single-family homes in contract right now.

Inventory 448

Inventory New Listings Contracts Sellers 448

Appraisal Buzz

OCTOBER 30, 2024

increase in the Pending Home Sales Index (PHSI), a measure of future home sales based on contract signings, to 75.8, The amount of contract activity in 2001 is represented by an index of 100. Year-over-year, contract signings grew in the Northeast and West and were unchanged in the Midwest and South. September saw a 7.4%

Contracts 418

Contracts Buyers Inventory Mortgage 418

Housing Wire

NOVEMBER 4, 2024

This week, we count 14% more homes in the contract pending stage now than a year ago. Let’s take a look at the data as we’re already in November 2024. The unsold supply of homes on the market has now passed its peak for 2024. When you include the 9,400 immediate sales, the total is 13% more sellers than a year ago.

Inventory 396

Inventory New Listings Sellers Contracts 396

Appraisal Buzz

NOVEMBER 22, 2024

Demand for “have-it-all” properties and the “forever dream home” will shape this spring’s luxury housing market, according to the Coldwell Banker Global Luxury 2024 Mid-Year Trend Report , which forecasts growing optimism among affluent consumers and an influx of desirable inventory. of responding specialists agreed. Among specialists, 32.8%

Buyers 417

Buyers Luxury Properties Marketing Inventory 417

Housing Wire

OCTOBER 28, 2024

While Monestier, who reportedly sold her Rhode Island home in 2022 and is part of the affected class, believes sellers were paying “inflated commissions,” she feels that prior to the settlement changes going into effect, the rules governing the industry were “clear and confusion did not reign supreme.”

Business 468

Business Sellers Realtors Buyers 468

Housing Wire

MARCH 31, 2025

Because each week we have 815% more sellers than last year, the total inventory will continue to build unless and until demand shifts dramatically, which would require notably lower mortgage rates. There are more sellers each week, and there are more sales, but the supply side is growing faster than demand. Those do not seem imminent.

New Listings 450

New Listings Inventory Housing Market Sellers 450

Appraisal Buzz

APRIL 3, 2025

The spring housing season is beginning with more sellers and a growing number of homes for sale, said Danielle Hale, Chief Economist at Realtor.com. Data also suggest that pricing competitively is key for sellers in todays environment. more unsold properties overall, including those under contract. 2024 Change over Mar.

Inventory 335

Inventory Buyers Contracts Sellers 335

Housing Wire

MARCH 3, 2025

This is after Q4 2024 was 5% above the year prior. In fact, as of the end of February, the sales and home price data continue to look very weak, even compared to the lows of 2024. The purple line in this chart is 2025, you can see that nationally there are plenty more homes unsold on the market than 2024.

New Listings 374

New Listings Inventory Contracts Sellers 374

Housing Wire

APRIL 29, 2024

It’s still April, so there could be as many as eight more weeks of seller growth in the spring housing market. And seller growth is happening pretty much everywhere across the country, with Florida and Texas leading the way. The bearish take is that there are many more sellers than buyers and inventory is rising. That’s up 2.4%

Sellers 508

Sellers Marketing Inventory Contracts 508

Housing Wire

MARCH 25, 2025

-based Consumer Policy Center (CPC) warns that the common practice of percentage-based real estate commissions may be a financial disadvantage for home buyers and sellers. The report is titled How Percentage-Based Commissions Can Harm Home Buyers and Sellers and What They Can Do About It.

Agents 366

Agents Buyers Sellers Real Estate 366

Housing Wire

MARCH 14, 2025

at the end of 2024. ’s inventory level compared to 2024. more homes on the market than 2024. New listings move upward, but remain historically low Altos uses new real estate listings data as a key indicator of seller activity in the D.C According to the U.S. metro area, the unemployment rate was 5.3% housing market.

Housing Market 370

Housing Market Marketing New Listings Inventory 370

Housing Wire

NOVEMBER 18, 2024

New listings One way reason it will be hard for inventory to grow more than 17% next year is that there are still not enough sellers to get there. When we add back in another 7,500 new listings with immediate sales — those are already in contract and not added to the active inventory — overall that’s just 3% more sellers than a year ago.

Housing Market 448

Housing Market New Listings Marketing Inventory 448

Housing Wire

SEPTEMBER 9, 2024

We’re also seeing more home sellers withdrawing their listings to try again next year. For every two homes going into contract each week, there’s a third withdrawn for lack of an offer. Sellers may try the market, not find any takers and then decide not to sell. With another 12,000 new listings that are already in contract.

Sellers 482

Sellers Inventory Contracts New Listings 482

Housing Wire

DECEMBER 19, 2023

The defining characteristic of the 2023 housing market has been dramatically fewer home sellers than any recent year. In this week’s Altos Research video, I look at how home sellers and sales are up, but that doesn’t mean prices will climb in 2024. There are still far fewer sellers each week than in the pre-pandemic era.

Sellers 482

Sellers Marketing Inventory Contracts 482

Housing Wire

MARCH 22, 2024

With low housing inventory nationwide, agents are using innovative ways to find real estate seller leads and convert them into listings. To help you snag more listings, we updated our list of proven strategies to win more real estate seller leads in 2024. If you want a shot at generating seller leads online, you need one, too.

Real Estate 448

Real Estate Sellers Real Estate Agent Tools 448

Housing Wire

JANUARY 27, 2025

But nationally, home prices are still higher year over year, and some places like New York state had significant home-price gains in 2024 due to persistently tight inventory. Following that, 2024 started a bit higher still. Home sellers and listing agents know where demand is for homes. At this time last year, it was 31%.

Inventory 396

Inventory Sellers New Listings Contracts 396

Housing Wire

DECEMBER 16, 2024

New listings When we look at the sellers entering the market, there were 45,000 new listings last week. That is 14% more home sellers listing their properties in December than the same week a year ago. This quantity of sellers is more similar to the pre-pandemic years than weve seen in a long time. more than a year ago.

Inventory 418

Inventory Housing Market Marketing Sellers 418

Housing Wire

NOVEMBER 1, 2024

Real estate agents and real estate brokers are both licensed real estate professionals who can assist buyers and sellers, but you should be aware of some key differences and state-specific distinctions. A real estate agent is a licensed professional who represents buyers or sellers in real estate transactions. Let’s dive in!

Real Estate 448

Real Estate Real Estate Agent Agents Brokerage 448

Appraisal Buzz

DECEMBER 19, 2024

But this year, buyers jumped on mortgage rates that dipped in early October, bringing more contracts which closed in November.Assuming December sales are generally good, 2024 U.S. In November, 25% of transactions were cash sales, compared to 27% in October 2024 and November 2023. increase from $387,800 a year earlier.

Inventory 396

Inventory Realtors Buyers Contracts 396

Housing Wire

JULY 29, 2024

New home sales contracts are coming in pretty consistently fewer than last year — 4.9% Our Immediate sales measure of homes that get listed, take offers and go into contract in a few days is also notably lower than last year. I wonder whether the 2024 housing market is beyond saving? housing market at the end of July 2024.

Housing Market 458

Housing Market Marketing Inventory New Listings 458

Housing Wire

DECEMBER 9, 2024

Lets take a look at the data as were now in December 2024. Supply growth could also come from more sellers, such as investors or distressed borrowers unloading. However, in most of the country, we have no growth from the seller side. Weve been averaging about 8% more sellers each week than a year ago. is $384,900 now.

Housing Market 418

Housing Market Marketing Inventory Sellers 418

Housing Wire

MARCH 10, 2025

This year still has fewer home sales than 2024 at this time. See the purple line for 2025 keeps coming in just below 2024. As mortgage rates move into relatively cheaper territory, well see if the marginal demand picks up in the next few weeks and maybe lifts the pace of sales above those from 2024. Something to watch.

Inventory 425

Inventory New Listings Housing Market Sellers 425

Housing Wire

OCTOBER 13, 2024

Weekly housing inventory data Four weeks ago was the best week of inventory growth in 2024, as we hit my model range without higher mortgage rates : I gave it the chef’s kiss. Remember that 2023 had the lowest new listings data ever and 2024 will have the second lowest. Still, at least we saw growth in 2024.

Inventory 511

Inventory New Listings Retail Mortgage 511

Housing Wire

FEBRUARY 25, 2025

annually in December 2024, up from a 3.7% during the last six months of 2024. The index includes sales of properties that went under contract in October, so it doesn’t quite capture what’s currently happening in the housing market. Home prices were up 3.9% National home prices have risen by 8.8%

Housing Market 368

Housing Market New Listings Inventory Sellers 368

Housing Wire

NOVEMBER 27, 2023

There were 58,000 new listings this week, with 10,000 of those homes already under contract as immediate sales. A few more sellers appear to be braving the market each week. There’s nothing bullish on the horizon for home prices in 2024. We had 52,000 new pending sales this week. We had 52,000 new pending sales this week.

New Listings 508

New Listings Contracts Inventory Real Estate 508

Housing Wire

DECEMBER 4, 2023

Now that Thanksgiving is behind us and December is well under way, we can start looking ahead to the 2024 housing market. Home prices will also be up and we have more homes under contract than we did at the end of 2022. All told, these signs position 2024 for a turnaround from one of the slowest home-sale years in decades.

Housing Market 505

Housing Market Marketing Inventory New Listings 505

Housing Wire

MARCH 14, 2025

The price per square foot is $216, increased from $213 in March 2024. The market action index is 37, indicating that there is a slight seller’s advantage. 89% of sellers used an agent to sell their home. 70% of sellers are repeat sellers, 30% are first-time sellers.

Real Estate 360

Real Estate Marketing Real Estate Agent Sellers 360

Housing Wire

FEBRUARY 26, 2024

We still see more sellers than last year. New pendings We’ve been sharing how the sales rate has been trying to expand for 2024. And sure enough the number of new contracts started this week dipped. We are in the normal range with price reductions, meaning sellers are generally fine, generally getting their prices.

Sellers 468

Sellers Inventory New Listings Contracts 468

Housing Wire

DECEMBER 11, 2023

We can see that while inventory rises with rates and falls with rates, that there is no signal of any flood of sellers. If we had a flood of sellers, that would be bearish for home prices. I’ve been trying to highlight in the last few weeks how the pace of home sales has stopped declining and is about to show some recovery in 2024.

Inventory 488

Inventory Contracts Sellers Real Estate 488

Appraisal Buzz

JUNE 12, 2024

Home sellers are returning to the market, but buyers are hesitant, according to a recent Zillow market report. May 2024 Market Report Highlights Home values climbed month over month in all 50 of the nation’s largest metro areas in May. However, buyers aren’t matching sellers’ enthusiasm; sales in May were 6% lower than last year.

Sellers 397

Sellers Buyers New Listings Home Value 397