Housing Wire

JUNE 29, 2021

Your HW+ Membership includes: Unlimited access to HW+ articles and analysis. The post Housing inventory is about to get better — here’s why appeared first on HousingWire. Start an HW+ Membership now for less than $1 a day. Exclusive access to the HW+ Slack community and virtual events. Become a member today. Already a member?

Inventory 542

Inventory Housing Market Marketing Business 542

Housing Wire

JUNE 21, 2024

Both existing housing inventory and home prices have been rising together year over year, which might seem odd at first glance since existing home sales are trending near all-time lows. When you connect the dots, this is a short and simple answer to why housing inventory and home prices are both rising. Sales descended 2.8%

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Housing Wire

FEBRUARY 4, 2024

How will mortgage rates impact seasonal inventory in 2024? In the last four years, we have had abnormal seasonal inventory data, meaning that the spring inventory bottom happens later in the year. This is due to demand rising late in one year, pushing through the early part of the next year and preventing inventory growth.

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Inventory Mortgage New Listings Housing Market 523

Housing Wire

AUGUST 18, 2021

Your HW+ Membership includes: Unlimited access to HW+ articles and analysis. The post Why aren’t builders creating more housing inventory? Exclusive access to the HW+ Slack community and virtual events. HousingWire Magazine delivered to your home or office. Become a member today. Already a member?

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Inventory Buyers Business Mortgage 525

Housing Wire

APRIL 3, 2023

Housing demand grew and inventory levels fell again while mortgage rates rose. Active inventory fell by 3,141, and new listing data fell again and is still trending at all-time lows. In this article I talked about how to look at housing credit getting tighter during the next recession. Inventory is incredibly tight.

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Inventory Housing Market Marketing New Listings 505

Housing Wire

MAY 26, 2022

It’s an excellent time to discuss housing inventory. How can housing inventory be so low today when it skyrocketed back in 2009? As you can see below, the inventory keeps falling from 2014 levels, and even with the weakness in demand this year, we are nowhere close to 2013 levels, let alone 2018 levels. What is going on here?

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Housing Wire

FEBRUARY 10, 2024

While weekly inventory is still falling, we have year-over-year growth in total active listing and new listings data. A perfect example was in 2022: when housing inventory rose faster as demand crashed, the percentage of price cuts rose faster. Last week, inventory fell week to week but was up over this time last year.

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Housing Wire

APRIL 6, 2024

Weekly housing inventory data — both active inventory and new listings — are prone to one-week moves that deviate from a trend, especially if people are going Easter egg hunting. So, the fact that active inventory and new listings data fell last week isn’t a big deal. See here for more details and charts.

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Housing Wire

NOVEMBER 18, 2022

The National Association of Realtors (NAR) reported today on two trends in existing home sales that we have seen for many months now: sales are declining while total inventory data has fallen directly for the three straight months. Total housing inventory fell in this report, the third report in a row that shows total inventory has decreased.

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Inventory Marketing Housing Market New Listings 493

Housing Wire

MAY 10, 2022

This article is part of our housing market economic update series. The relative pressure of supply vs. demand in the housing market is gauged by the level of active inventory. Like dropping barometric pressure, plunging inventory usually foretells stormy conditions: Faster price growth and faster sales.

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Housing Wire

NOVEMBER 26, 2024

However, the Southern states have seen the highest growth in existing inventory, meaning that higher mortgage rates are influencing the figures in this region as well. In this recent article , I explain why we won’t build millions of new homes anytime soon. This represents a supply of 9.5 months at the current sales rate.

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Housing Wire

MARCH 15, 2022

HousingWire: Let’s start with a bang Logan, will the inventory crisis end this year? The goal for inventory is to get back to 1.52-1.93 The goal for inventory is to get back to 1.52-1.93 Inventory is about to increase as it always does during this year. Back to the inventory crisis. housing market.

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Housing Wire

FEBRUARY 26, 2025

The updates include a customizable Housing Market Data tool that gives users the power to customize charts and data on the HousingWire site and a gifting tool that allows subscribers to share news and articles with people in their network without a HousingWire subscription.

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Housing Wire

MARCH 26, 2023

These events led to lower mortgage rates and increased purchase application data last week, but decreased housing inventory. Active inventory fell 1,109, and new listing data made a lovely comeback week to week but was still noticeably down year over year. In a regular market, they would be closer to 5.25%.

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Housing Wire

AUGUST 20, 2023

Last week, mortgage rates hit a 21st-century high, the 10-year yield closed slightly higher than my peak forecast for 2023 , and housing inventory growth was still slow. Weekly housing inventory Mortgage rates have been near or above 7% for the last few months, and active listings growth has been slow during this tenure.

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Inventory Mortgage New Listings Sellers 370

Housing Wire

JULY 26, 2021

In the last few months in my articles for HousingWire, I have written that monthly supply has been rising and that this increasing supply was the most critical metric for the housing market, specifically the new home sales market. months , which puts inventory right back into the range we had in the previous expansion.

Housing Market 523

Housing Market Marketing Inventory Construction 523

Housing Wire

NOVEMBER 4, 2024

Editor’s note: This is the fifth in a series of articles that will explore the effects of the landmark Sitzer/Burnett case, which was decided on Oct. Finding an agent Like 43% of homebuyers , I began my search online, as I worked to get a sense for what the inventory in my preferred areas and in my price range looked like.

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Housing Wire

MAY 7, 2024

Describing reverse mortgages as originating in 1961 before coming to greater prominence through the establishment of the HECM program during the Reagan administration, one of two recent NAR articles dealing with reverse mortgage-related subject matter stated that home sales and purchases are becoming a more common topic within HECM circles.

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Mortgage Real Estate Agent Inventory Housing Market 468

Housing Wire

SEPTEMBER 23, 2022

A recent article, “Stop subsidizing Wall Street buying up homes,” perpetuates an uninformed stereotype of single-family rental home companies while revealing a serious neglect for the important contributions industry firms bring to today’s housing market. of the nation’s total housing inventory.

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Inventory Housing Market Investors Investing 370

Housing Wire

OCTOBER 29, 2024

Editor’s note: This is the third in a series of articles that will explore the effects of the landmark Sitzer/Burnett case, which was decided on Oct. Stubbornly high interest rates, low levels of inventory and elevated home prices are putting a strain on the often-limited budgets of first-time buyers.

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Housing Wire

JUNE 9, 2023

That day, I wrote an article about how bad the home sales data was getting due to the affordability hit and that existing home sales should get down toward 4 million and below. history, and because of that, not even low inventory could prevent home prices from declining month to month in the second half of 2022.

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Inventory Housing Market New Listings Mortgage 546

Housing Wire

MAY 21, 2021

In the last existing home sales article for HousingWire, I wrote that we should see some sales prints under 5,840,000. The disadvantage is that total inventory levels are shallow, creating a bidding frenzy for the few homes on the market without too much growth in mortgage demand. This sales trend looks very normal to me.

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Housing Market Marketing Inventory Realtors 541

Housing Wire

JUNE 23, 2021

Census Bureau’s May new home sales report is that sales inventory has increased to 5.1 That begins to change the equation for some homebuilders, who were absolutely thriving in an ultra-low-inventory housing market environment. . As a reminder, when the three-month average for inventory is 4.3 When inventory is between 4.4

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Housing Market Marketing Inventory Real Estate 528

Housing Wire

SEPTEMBER 29, 2023

Even with demand buoyed by a sparse housing inventory, growing financial challenges for buyers are forcing home sellers to cut prices to close deals, a new Redfin research report found. On the one hand, there are very few homes on the market, with total inventory down 15% year over year, according to Redfin. the month prior.

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Housing Wire

JUNE 7, 2021

Because that period followed a housing boom and bust when inventory was overbuilt. We first had to whittle down the excess inventory and get our financial house in order (i.e., Your HW+ Membership includes: Unlimited access to HW+ articles and analysis. Here is why. This content is exclusively for HW+ members.

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Housing Market Marketing Inventory Construction 545

Housing Wire

NOVEMBER 1, 2021

And then home prices took off , and total inventory levels dropped toward all-time lows. Your HW+ Membership includes: Unlimited access to HW+ articles and analysis. It was just a matter of weeks before the buyers returned and sellers sold their homes, leading home sales to get to pre-cycle highs in 2020 and 2021. Already a member?

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Housing Market Sellers Inventory Mortgage 545

Housing Wire

SEPTEMBER 15, 2024

This article is meant to help you understand how to read the new home sales data correctly, as that forward-looking tracking data is a bit different than the existing home sales market. Weekly housing inventory data Higher rates lead to more inventory. Weekly inventory change (Sept.

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Mortgage Inventory New Listings Retail 521

Housing Wire

JUNE 20, 2024

In 2021, HousingWire published an article spotlighting Austin as one of the hottest housing markets in the country. As noted in that article, Austin had ranked No. But while rising inventory and days on market are proof of lower demand, Austin home prices remain stubbornly elevated above their 2019 levels.

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Inventory Real Estate Housing Market Real Estate Agent 487

Housing Wire

APRIL 18, 2024

Existing home sales fell in today’s report , which isn’t surprising, but one headline that shocked some people was that home prices are still up year over year, even with higher inventory and higher mortgage rates. Of course this isn’t the healthiest housing inventory story. from the previous year ($375,300). All four U.S.

Inventory 505

Inventory Housing Market New Listings Buyers 505

Housing Wire

JUNE 21, 2022

Now that we are almost in July, we can safely say the premise that once mortgage rates hit 4%, the mass panic selling of American homeowners who need to get out at all costs, driving total inventory up in the millions, hasn’t happened. Inventory skyrocketing back toward historical norms of 2 million to 2.5 Unsold inventory sits at a 2.6-month

Housing Market 540

Housing Market Marketing Inventory Mortgage 540

Housing Wire

DECEMBER 9, 2023

Weekly housing inventory data We will start with the price cut data percentage because it deserves a detailed explanation. Now lets take a look at the weekly inventory data. Last year, according to Altos Research , the seasonal peak for housing inventory was Oct. Weekly inventory change (Dec.

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Mortgage Inventory New Listings Sellers 534

Housing Wire

JULY 31, 2024

Cost and efficiency potential Earlier this year, an article in Smithsonian Magazine took a closer look at the potential for 3D-printed homes. The opportunity is there, the article explained, as the speed of the technology outpaces traditional methods and costs are beginning to fall.

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Construction Technology Design Development 459

Housing Wire

DECEMBER 26, 2022

Starting this week, I will analyze weekly data in a Housing Market Tracker article every Monday to provide a status update on the U.S. The three categories I’ll cover will be the weekly purchase application data, the Altos Research weekly inventory data , and what the bond market/ mortgage rates did recently. Housing market inventory.

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Housing Market Marketing Inventory Mortgage 516

Housing Wire

DECEMBER 23, 2020

I warned about the negative headlines that would inevitably follow the moderation in sales in this HousingWire article. We don’t need to be concerned about the moderation in the new home sales data because inventory is still low. ” I’m sure you’ve heard the thesis that low inventory suppresses sales.

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Inventory Construction Housing Market Design 531

Housing Wire

JUNE 22, 2021

Lack of inventory. Real estate agents cited a lack of inventory as the main hurdle preventing their clients from completing a transaction, according to the National Association of Realtors. We don’t have any inventory. Your HW+ Membership includes: Unlimited access to HW+ articles and analysis. Should they give up?

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Housing Market Real Estate Agent Marketing Inventory 476

Housing Wire

MARCH 14, 2025

There is currently an inventory of 642,359 properties. So, save this article, memorize these stats and share them wherever you can. The median list price of homes in the US is $435,000; the median price of new listings is $435,900. The average days homes stay on the market is 117 days; the median days on market is 77 days.

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Real Estate Marketing Real Estate Agent Sellers 360

Housing Wire

JUNE 7, 2021

Specifically, new home builders were hit extremely hard by the drop in inventory and, in part, by the subsequent skyrocketing prices, due to an increase in the number of homebuyers looking to take advantage of historically low mortgage rates. Your HW+ Membership includes: Unlimited access to HW+ articles and analysis.

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Construction Inventory Mortgage Marketing 493