Housing Wire

DECEMBER 16, 2024

As the year draws to a close, available unsold inventory of homes on the market is nearly 27% greater than a year ago. Ten states have more inventory unsold than in 2019, which was the last sort of normal year before the pandemic. Inventory is still very tight in places like Chicago and New England, but it is rising in these markets.

Inventory 418

Inventory Housing Market Marketing Sellers 418

Appraisal Buzz

MARCH 13, 2025

Timing is crucial in a difficult real estate market, and this year, the Realtor.com Best Time to Sell study indicates that the best time for sellers to discover the best balance of market circumstances is between April 13 and April 19. Reduced rivalry between sellers: This week would have 13.2% more than the average week of the year.

Sellers 367

Sellers Inventory Buyers Housing Market 367

Housing Wire

JANUARY 30, 2025

But there may be some improvement on the horizon as newly listed home inventory grew 37.5% more homes were actively listed for sale on a given day in January, following a 15-month trend of higher annualized inventory levels. In total, inventory levels were 10.8% Only 14 metro areas surpassed pre-pandemic inventory levels.

Inventory 369

Inventory Sellers Marketing Buyers 369

Housing Wire

JANUARY 9, 2025

In 2024, more people moved out of Illinois than into the Prairie State. Altos considers anything above 30 to be indicative of a sellers market. In order to alleviate some of the pressure on buyers, agents like JD Gieson would love to see more inventory come on the market. There is no inventory, McCormick said. as of Jan.

Housing Market 418

Housing Market Inventory Marketing Sellers 418

Housing Wire

MARCH 6, 2025

New marketplace for motivated sellers That is good news for sellers like Ricardo Sims, the out-of-state landlord who sold the Montgomery properties to Richards via SmartSale. More inventory for boots-on-the-ground buyers Richards started investing in real estate in 2004 and discovered distressed property auctions in late 2019.

Sellers 365

Sellers Inventory Landlords Renovations 365

Housing Wire

FEBRUARY 3, 2025

Inventory of unsold homes on the market ticked down fractionally this week. Its not uncommon for January to have a little up and down in the inventory numbers. If inventory were jumping each week, that would be notable, but its not. At this time, of year theres new inventory and new buyers are shopping. About 33.1%

Sellers 413

Sellers Inventory New Listings Contracts 413

Appraisal Buzz

APRIL 3, 2025

As more properties came ontothe market and overall inventory increased for the 17th consecutive month, the U.S. 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. 2024 Change over Mar. Price reductions affected 17.5% year-over-year.

Inventory 335

Inventory Buyers Contracts Sellers 335

Housing Wire

DECEMBER 30, 2024

All the housing market data for 2024 is in, and its fair to say that the housing market surprised us again! However, there are two big trends that stand out as we launch into 2025 affordability and sellers in the market. The other trend to watch is whether we finally have more sellers entering the market in 2025.

Housing Market 543

Housing Market Marketing New Listings Inventory 543

Appraisal Buzz

JANUARY 30, 2025

According to the Realtor.com January Monthly Housing Report, January saw a positive shift in seller activity despite recent hikes in mortgage rates, with the number of newly listed homes increasing 37.5% Buyers & Sellers Thaw Alongside Winter Weather Additionally, for the fifteenth consecutive month, annual inventory increased, with 24.6%

Sellers 332

Sellers Inventory New Listings Contracts 332

Appraisal Buzz

FEBRUARY 13, 2025

Redfin cited a number of reasons for this increase in the nations housing inventory, including: The mortgage rate lock-in effect is fading: A number of homeowners who scored low mortgage rates during the pandemic have been staying put because moving would mean taking on a higher rate. month-over-month, and 4.7% year-over-year.

Inventory 397

Inventory New Listings Sellers Real Estate Agent 397

Housing Wire

APRIL 5, 2025

Weekly pending contracts for the last week over the past several years: 2025: 367,776 2024: 363,834 2023: 335,017 For both purchase apps and pending sales, the data presents an interesting trend: the positive weekly figures we’ve been observing coincide with mortgage rates exceeding my growth threshold. Stay alert for breaking news.

Mortgage 529

Mortgage New Listings Inventory Housing Market 529

Housing Wire

NOVEMBER 23, 2024

10-year yield and mortgage rates My 2024 forecast included: A range for mortgage rates between 7.25%-5.75% A range for the 10-year yield between 4.25%-3.21% This week was relatively calm for mortgage rates as the 10-year yield continues to hold steady at a critical level, which ranges from 4.40% to 4.50%. Weekly inventory change (Nov.

Mortgage 514

Mortgage Inventory New Listings Contracts 514

Housing Wire

JANUARY 27, 2025

Distressed home sales marketplace Auction.com released a new report Monday highlighting a drastic drop in foreclosure auction property volume in the fourth quarter of 2024. Its data is based on the company’s proprietary inventory, bidding, pricing and survey data. ” one respondent wrote.

Inventory 355

Inventory Buyers Sellers Marketing 355

Housing Wire

MARCH 6, 2025

Will inventory levels skyrocket as federal workers leave? Weekly housing inventory ramps up What do we see in the data on housing inventory levels in the D.C. Weekly housing inventory ramps up What do we see in the data on housing inventory levels in the D.C. But inventory remains well below historical averages.

Inventory 344

Inventory New Listings Government Housing Market 344

Housing Wire

OCTOBER 28, 2024

We track inventory and home sales very closely, so the biggest surprise this year has been the resiliency of home prices. Let’s take a look at the data for the end of October 2024. Inventory ticked down this week Inventory ticked down to 738,000 from 739,000 last week. This year has maybe only just peaked in inventory.

Inventory 476

Inventory New Listings Sellers Contracts 476

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. Altos Research tracks every home for sale in the country every week all the active inventory and pending sales as they happen as well as prices and supply and demand metrics Lets look at this weeks data.

Inventory 448

Inventory New Listings Contracts Sellers 448

Housing Wire

MARCH 27, 2025

homebuyers continued making historically large down payments in late 2024, responding to a year of record-high upfront housing costs , according to a Realtor.com report. For all of 2024, buyers put down an average of $29,900, or 14.4% in 2024, while transactions below that threshold fell 9.3%. Down payments were 3.4

Buyers 248

Buyers Inventory Housing Market Government 248

Housing Wire

MARCH 31, 2025

This is measurable in both the total unsold inventory and the number of new listings each week. 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. Those do not seem imminent.

New Listings 450

New Listings Inventory Housing Market Sellers 450

Housing Wire

MARCH 14, 2025

at the end of 2024. Weekly housing inventory continues upward Is inventory in the D.C Weekly housing inventory continues upward Is inventory in the D.C This week’s inventory data gives us a vantage point into this weeks market dynamics. Inventory for single-family homes in the D.C

Housing Market 370

Housing Market Marketing New Listings Inventory 370

Housing Wire

MARCH 10, 2025

The unsold inventory of homes on the market across the country is 28% greater than last year at this time. Withdrawals keep a lid on inventory growth. That suggests a shadow inventory of homes that want to be sold but the market isnt there for it. This year still has fewer home sales than 2024 at this time. Thats up 1.2%

Inventory 425

Inventory New Listings Housing Market Sellers 425

Housing Wire

JANUARY 29, 2025

The housing market in 2024 was about as frustrating for the real estate industry as you can imagine. According to NAR, existing-home sales finished 2024 at a dismal 4.06 Census Bureau data, these sales topped 683,000 in 2024, which is the second consecutive annual gain. Sales finished 2024 on a relative high note.

Sellers 488

Sellers Housing Market Realtors Inventory 488

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. elections. “A

Buyers 417

Buyers Luxury Properties Marketing Inventory 417

Housing Wire

JANUARY 20, 2025

In the fourth quarter of 2024, sales were coming in at 5% to 10% more than the year prior. Sales are slow, so inventory of unsold homes is building. Condo inventory is growing faster than single family. Inventory is up There are now 632,000 single-family homes unsold on the market around the U.S.

Mortgage 397

Mortgage Inventory New Listings Contracts 397

Housing Wire

DECEMBER 9, 2024

We know inventory has been climbing all year. The northern cities have tight inventory and rising prices, some of the Sunbelt cities have the most inventory in many years, and some markets even have falling prices, too. Lets take a look at the data as were now in December 2024. Inventory is growing Lets start with supply.

Housing Market 418

Housing Market Marketing Inventory Sellers 418

Housing Wire

FEBRUARY 4, 2024

How will mortgage rates impact seasonal inventory in 2024? It’s not what I wanted to see in 2024, but I have to be realistic since we are already in February. In the last four years, we have had abnormal seasonal inventory data, meaning that the spring inventory bottom happens later in the year.

Inventory 523

Inventory Mortgage New Listings Housing Market 523

Housing Wire

NOVEMBER 4, 2024

Inventory is past peak for the year, so the momentum looks to keep the trends in a positive direction for now. Let’s take a look at the data as we’re already in November 2024. Inventory drops again There are 736,000 single-family homes unsold on the market in the U.S. The inventory peak came a month earlier than in 2023.

Inventory 396

Inventory New Listings Sellers Contracts 396

Housing Wire

NOVEMBER 18, 2024

We already see many signals for what to expect, including last week’s data on inventory , new listings and price reductions, which I analyze below. Housing inventory There are now 722,000 unsold single-family homes on the market around the U.S. Below is the 10-year view of inventory trends in the U.S.

Housing Market 448

Housing Market New Listings Marketing Inventory 448

Housing Wire

JANUARY 27, 2025

Recently, weve shared that the inventory of unsold homes is growing. There are already plenty of markets nationwide where the inventory of unsold homes has built up over the past few years and home prices have ticked down. Following that, 2024 started a bit higher still. There were 4% more sellers, including the immediate sales.

Inventory 396

Inventory Sellers New Listings Contracts 396

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. Lets look at this weeks data, starting with the active inventory of homes for sale right now. Inventory grew faster last year.

New Listings 374

New Listings Inventory Contracts Sellers 374

Housing Wire

MAY 28, 2024

It’s the end of May and unsold inventory on the market is increasing across the U.S. 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. Higher rates create more inventory.

Inventory 534

Inventory New Listings Contracts Sellers 534

Housing Wire

JULY 20, 2024

We finally have six weeks of numbers that hit my housing inventory growth model perfectly in 2024. Last year, with higher mortgage rates , we had zero weeks at this level so I am now giving 2024 inventory growth a grade of A. So far the weekly high print in 2024 is only 72,329.

Inventory 526

Inventory New Listings Contracts Mortgage 526

Housing Wire

DECEMBER 4, 2024

While Kelly is hoping 2025 has fewer surprises than 2024, he said this way of thinking and preparing is something that HomeServices of America plans to carry into the new year. “It Whether it be rates, inventory, those challenges are going to persist,” Kelly said. It makes working with our team so much better,” he said.

Legal 396

Legal Agents Real Estate Brokerage 396

Housing Wire

DECEMBER 20, 2024

Home sales in 2024 have been well below historic norms. Higher prices, higher mortgage rates and limited inventory are making for a slow market among buyers and sellers alike. But even investors have purchased fewer homes this year. Investor purchases at the national level peaked in June 2021 at 148,670.

Investors 448

Investors Housing Market Marketing Real Estate 448

Housing Wire

APRIL 27, 2024

Active weekly housing inventory growth slowed slightly last week, but it’s still running at a healthier clip than in 2023. I have a simple model with mortgage rates being above 7.25%: weekly inventory data should grow between 11,000-17,000 per week. We have now seen it for two weeks as inventory grew by 13,247. 2022: 19.2%

Inventory 514

Inventory Housing Market Marketing New Listings 514

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.

Sellers 508

Sellers Marketing Inventory Contracts 508

Housing Wire

SEPTEMBER 9, 2024

While inventory of unsold homes in the housing market in each of the last two years headed higher during September and October due to mortgage rate spikes, we’re seeing a more normal seasonal pattern now with inventory beginning to decline. We’re also seeing more home sellers withdrawing their listings to try again next year.

Sellers 482

Sellers Inventory Contracts New Listings 482

Housing Wire

MARCH 11, 2024

Last fall when people were still expecting mortgage rates to be falling this year, it was common to assume rates would be in the low 6s or 5s this year and people asked me if lower rates would bring a flood of inventory. The only way inventory would grow in 2024 is if mortgage rates climbed. But the evidence is the opposite.

Inventory 516

Inventory Sellers New Listings Real Estate 516