Housing Wire

JULY 2, 2023

Housing inventory finally broke under 2022 levels last week. To give you an idea how different this year is from last year, last week in 2022, active listings grew 30,940 while this year they only grew 5,848. Since May 15, that trend has continued to the point that inventory in America is now negative year over year.

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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

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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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 active listings rose by only 4,401. Will higher rates extend the inventory season, or are we going into the traditional seasonal decline?

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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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Housing Wire

SEPTEMBER 15, 2024

Now, new home sales have benefited more from lower rates than the existing home sales market: this trend in that data started over two months ago. 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.

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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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Housing Wire

AUGUST 30, 2023

Using weekly data from Altos Research , Mohtashami showed that new listings have been trending at their lowest levels in history for the past 12 months. However, he noticed another notable decline in listing since mortgage rates really peaked above the 7% range. Despite higher mortgage rates, inventory growth still slow

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Housing Wire

NOVEMBER 9, 2022

Inventory levels broke to all-time lows and thus created massive housing inflation quickly, which broke my model. The glaring difference between now and 2014 is that total inventory levels are roughly 1 million lower now than the peak of 2014. New listing data is down 5% year to date, as you can imagine.

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Housing Wire

JUNE 18, 2023

Active housing inventory grew while new listing data fell. Here’s a quick rundown of the last week: Active inventory grew 8,041 weekly. Weekly housing inventory This year’s housing inventory theme has been a walking dead musical chorus of a zombie trying to escape a grave. 6% for a year.

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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.

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Housing Wire

AUGUST 2, 2023

HousingWire Lead Analyst Logan Mohtashami appeared on CNBC ‘s Worldwide Exchange on Wednesday to talk about the health of the housing market , explaining the effect of high mortgage rates and low inventory on existing home sales. He also discussed Fitch ‘s downgrade of the U.S. credit rating and its affect on the housing market.

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Housing Wire

JANUARY 5, 2023

The 2022 housing market was savagely unhealthy , with all-time lows in inventory leading to massive bidding wars and price spikes until the Fed put a screeching halt to all of it with rate hikes that resulted in the most significant one-year spike in mortgage rate history. Housing Inventory. Home price s. million in 2023.

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Housing Wire

FEBRUARY 3, 2023

This article is part of our 2022 – 2023 Housing Market Update series. If economic conditions cause rates to jump over 7%, expect buyers to sit on the sidelines, allowing active inventory to build and time to sell a home to climb. Inventory In late January, there were 465,000 single family homes on the market, all across the country.

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Housing Wire

MARCH 14, 2025

The median list price of homes in the US is $435,000; the median price of new listings is $435,900. There is currently an inventory of 642,359 properties. Homebuyers found photos to be the most valuable feature found on a listing website (66%). The price per square foot is $216, increased from $213 in March 2024.

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Housing Wire

DECEMBER 28, 2022

This article is part of our 2022-23 Housing Market Forecast series. The last time we saw prices decline, the combination of declining prices and bad mortgages forced inventory onto the market. This time, declining prices are likely tempering the pace of inventory going onto the market rather than accelerating.

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Housing Wire

MARCH 19, 2023

Mortgage rates fell as the banking crisis got worse and purchase application data grew for the second week in a row, but the big question is: Did we hit the seasonal bottom in housing inventory? Weekly inventory increased by 1,734. New listing data collapsed, but we are putting an asterisk on that data line for this week.

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Housing Wire

JANUARY 19, 2024

Remember, with median sales prices and inventory, it’s very seasonal. Something notable about this report: Total active listings as the NAR tracks them almost broke under 1 million again. However, remember, the dive in inventory is normal at this time of the year. Below are charts with today’s report and the trend.

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Housing Wire

MAY 4, 2023

On the other hand, inventory is still low, and homes are still selling fast, often with multiple offers. The number of new listings coming on the market this spring is lower than it has been in more than a decade. Sales and new pending contracts are below pre-pandemic levels. Buyer disappointment. Selective sellers.

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Housing Wire

AUGUST 16, 2024

I want to make this article very simple to understand. New listing data has been at historically low levels for the past few years. There are many new homes that have been permitted but yet to be started as builders are mindful of higher rates. percent (±10.3 percent (±10.5 percent) below the July 2023 rate of 1,473,000.

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Housing Wire

NOVEMBER 26, 2024

If an uptick in housing inventory and more favorable interest rates materialize in 2025, you’ll still need to find creative ways to generate buzz for your listings and expand your client network. Listing and marketing properties is a complicated process. When you buy through our links, we may earn a commission.

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Cleveland Appraisal Blog

JANUARY 5, 2023

While we still have a significant shortage of housing inventory in Cuyahoga County, we had more active listings last month than we had in December 2020 and 2021. The chart below reflects the total active single-family listings in Cuyahoga County. Something else to watch is housing inventory. I appreciate you!

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Housing Wire

MAY 2, 2022

This article is part of our housing market update series. However, inventory of for-sale homes for sale continued to lag in prior years, and despite posting some seasonal increase, barely offered relief for frantic home buyers. At the end of this series, you can join us on May 10 for a Housing Market Update webinar.

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Housing Wire

FEBRUARY 27, 2024

If you’re an agent, team or brokerage looking to keep a pipeline of qualified listing leads coming your way, SmartZip may the solution you need. SmartZip uses predictive analytics to pinpoint likely sellers from 6 to 18 months in advance, offering a huge advantage in today’s low inventory market.

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Housing Wire

DECEMBER 6, 2024

In this article, weve compiled 49 compelling real estate newsletter ideas and subject lines. For buyers, you may want to link to new listings that fit their must-haves. So, where do you start? Use snippets from your longer content (like blogs) for your newsletter and include links to direct your audience back to your website.

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Housing Wire

JANUARY 10, 2024

In this article, we explore nine exceptional real estate lead generation companies that can supercharge your lead generation efforts, each with its unique strengths and limitations. While there’s no one-size-fits-all solution, plenty of customizable real estate lead generation tools exist to make your life easier. housing industry.

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McKissock

OCTOBER 27, 2021

Good news for agents working with first-time home buyers on a budget: after nearly two years of ultra-low inventory and rising property values, small, affordable homes are starting to hit the market at a steady rate. According to a recent article in Business Insider , the month of July saw a 6.5%

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McKissock

DECEMBER 10, 2021

“Higher mortgage rates will end double-digit price growth and new listings will hit a 10-year high,” predicts Redfin. ” Read the full forecast to learn about Redfin’s predictions regarding mortgage rates, supply and demand, new construction, home price growth, and more. ” Read the full review.

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Eppraisal

MARCH 18, 2022

The inventory of homes available for sale was on the low side even before the Covid 19 pandemic. According to data from Realtor.com, "The inventory of homes for sale dropped 53% between April 2020 and April 2021." These systems typically send out the push emails each morning, so you may be receiving yesterday's listings.

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Listing Spark

DECEMBER 30, 2024

The shifting dynamics within this local real estate landscape raise critical questions about home prices, inventory levels, and overall market trends. This article will explore the current trends, offer insights on whether now is a good time to sell or buy, and present predictions for the future of the market.

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Appraisal Today

MARCH 1, 2024

Both inventory levels and new listings increased significantly in recent months, leading to an 18 percent increase in sales and a 1.6 Both inventory levels and new listings increased significantly in recent months, leading to an 18 percent increase in sales and a 1.6 Some may not have them. Hagar Book.

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McKissock

MARCH 1, 2021

A: The obstacles Millennial real estate buyers face for owning a home in the Boston market come down to low inventory. I need to stay on top of the market and every new listing to assist them with navigating through what is the right information and what is to be ignored.

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Will Springer Realtor

MARCH 12, 2024

The picture was somewhat similar for single-family homes as a stand-alone category, with new listings up 38% (1845) and sales 41% (1064) stronger month-to-month, but the YoY numbers were more telling, up 31% and down 4.2%, respectively. Months of inventory continue to be a burden on all buyers. Inventory is at 1.3

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Movoto

MARCH 8, 2024

And with the biggest inventory spike in nearly 3 years experienced in February, it looks like the market is starting to heat up. The housing market just saw its biggest inventory spike in nearly 3 years “New listings for homes for sale climbed 12.9% year-over-year in February…” So… Is Now the Time to Make Moves?

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Appraisal Today

JUNE 21, 2024

Very good lists of the factors. MORE INVENTORY IS CHANGING THE VIBE: We are no longer at pandemic lows. We are seeing more new listings across the country, and it’s something we’re also seeing locally. I was going to write about the national view and have read many articles and data about it.

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Eppraisal

OCTOBER 2, 2021

The demand for homes has been and is still high, as eager buyers rush to new listings and submit offers quickly. According to an article written by Danielle Hale on Realtor.com, "Homes continue to sell faster than a year ago." Inventory of homes available are historically low.

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Will Springer Realtor

JANUARY 10, 2023

This marks the introduction of a new feature. The article will include the latest monthly data from the Northwest Multiple Listing Service, analysis from national and local experts and a glimpse ahead at what to expect in the coming weeks. months of inventory, down from 2.2 I hope you enjoy reading this monthly report.

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