Housing Wire

JANUARY 19, 2023

While home prices have started to inch down, more inventory is needed for a balanced housing market, the Federal Reserve Beige Book said. In other markets, including the Cleveland district, low inventory levels hindered home prices from dropping further. Rental vacancy rates, while still quite low, have risen modestly.

Inventory 448

Inventory Housing Market Marketing Construction 448

Housing Wire

SEPTEMBER 30, 2024

The number of homes under contract across the country has risen for the last few weeks. Pending home sales climb There are 362,000 single-family homes under contract. We’re showing 6% more homes in contract now than last year. Homes stay under contract for 30 to 40 days. Inventory is still rising right now.

Mortgage 459

Mortgage Contracts Inventory New Listings 459

Housing Wire

JULY 14, 2021

“Treasury yields have trended lower over the past month as investors remained concerned about the COVID-19 variant and slowing economic growth,” Kan said. “We continue to see ebbs and flows as housing demand remains strong, but for-sale inventory remains low,” he said. from 61.6% the previous week.

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Mortgage Contracts Inventory Investors 521

Housing Wire

SEPTEMBER 25, 2024

Inventory is still building. This week, available inventory of unsold homes rose again across the country, in almost every state. Home prices jump The median price of the homes that went into contract this week jumped to $389,900. It’s the second week in a row with an uptick in the price of the homes going into contract.

Inventory 467

Inventory New Listings Sellers Contracts 467

Housing Wire

JULY 21, 2021

The 10-year Treasury yield dropped sharply last week, in part due to investors becoming more concerned about the spread of COVID variants and their impact on global economic growth, according to the latest survey from the Mortgage Bankers Association. .”

Mortgage 476

Mortgage Marketing Contracts Inventory 476

Housing Wire

NOVEMBER 29, 2021

From the National Association of Realtors : “The Pending Home Sales Index (PHSI), a forward-looking indicator of home sales based on contract signings, rose 7.5% An index of 100 is equal to the level of contract activity in 2001.” When inventory rises and more supply is on the market, this means demand is fading.

Inventory 532

Inventory Contracts Training Investors 532

Housing Wire

AUGUST 26, 2024

Even as pending sales of starter homes across the nation’s 50 largest metro areas grew on a yearly basis in July, the number of homes going under contract in other price tiers backtracked. But increased levels of inventory in this segment kept appreciation lower compared to other pricing buckets. Sale prices for starter homes rose 4.2%

Buyers 448

Buyers Inventory Marketing Contracts 448

Housing Wire

SEPTEMBER 14, 2023

Mortgage rates inched back up this week and remain anchored north of 7% as investors focus on the impact of rising headline inflation ahead of next week’s Fed rate decision. On Wall Street and in Washington, investors believe that the Federal Reserve is poised to steer the economy toward a soft landing.

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Mortgage Inventory Investors Buyers 459

Housing Wire

FEBRUARY 15, 2024

We are excited about how we are set up for 2024 and beyond,” CEO Carrie Wheeler told investors and analysts listening to the firm’s Q4 2023 earnings call on Thursday evening. billion in inventory. billion in inventory. “We For iBuyer Opendoor , 2023 was all about moderation. “We

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Business Advertising Inventory Contracts 445

Housing Wire

JANUARY 19, 2024

Remember, with median sales prices and inventory, it’s very seasonal. However, remember, the dive in inventory is normal at this time of the year. Our housing market tracker counts weekly active single-family listings, those homes that aren’t in the contract, and the raw available number of homes for sale.

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Housing Market Inventory Contracts Marketing 493

Housing Wire

OCTOBER 26, 2022

The slower sales pace meant that inventory was back up in September. Continuing to add for sale inventory from the new construction industry “is going to be vital to helping stabilize prices and affordability in the long run,” added Zillow senior economist Nicole Bachaud. months at the current sales pace, up from 8.1

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Inventory Contracts Buyers Investors 369

Housing Wire

FEBRUARY 18, 2022

Homebuyers flocked to what little inventory existed in January, with existing-home sales rising 6.7% Buyers were likely anticipating further rate increases and locking in at the low rates, and investors added to overall demand with all-cash offers,” said Lawrence Yun, NAR’s chief economist. January sales fell 2.3% “While the 6.7

Supply Chain 435

Supply Chain Inventory Buyers Contracts 435

Housing Wire

AUGUST 25, 2021

Treasury yields fell last week, as investors continue to anxiously monitor if the rise in COVID-19 cases in several states starts to dampen economic activity,” said Joel Kan, the MBA’s associate vice president of economic and industry forecasting. The mix of refis was unchanged from the previous week at 67.3% of total applications.

Mortgage 418

Mortgage Contracts Government Inventory 418

Housing Wire

OCTOBER 5, 2023

The home equity products involved include home equity lines of credit (HELOCs), closed-end second mortgages (CESs) and shared-equity contracts. This is a watershed moment for many different reasons as now these [HEAs] can start to become more of a mainstream asset class that a significant number of investors will want to participate in.

Housing Market 448

Housing Market Marketing Contracts Finance 448

Housing Wire

DECEMBER 16, 2022

The last year has been a completely split housing market — one that started with the lowest inventory NAR has recorded dating back to 1999 and one with low mortgage rates. The market has now faced a contraction in existing-homes sales for nine consecutive months, while home prices and rates rise.

Buyers 497

Buyers Realtors Inventory Sellers 497

Housing Wire

SEPTEMBER 11, 2023

The good news for homeowners is that home values in most areas remain stable, and inventory levels for homebuyers are still low. MC: The demand for REO assets remains strong, with inflows and overall REO inventory levels remaining significantly less than post-Q1 2020 inventories.

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Inventory Technology Design Tools 435

Housing Wire

SEPTEMBER 22, 2022

From NAR Research : “Total existing-home sales notched a minor contraction of 0.4% Total Inventory data fell in this report from 1.31 It doesn’t even look like we will breach the lower level of my inventory wish list of 1.52 I am a big fan of inventory to 2019 levels. Unsold inventory sits at a 3.2-month

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Inventory Housing Market New Listings Mortgage 482

Housing Wire

FEBRUARY 2, 2022

The trade group estimates that the average contract 30-year fixed-rate mortgage for conforming loans ($647,200 or less) increased to 3.75% from 3.72% the week prior. Stubbornly low inventory levels and swift home-price growth continue to push average loan sizes higher,” Kan said. Presented by: Equifax.

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Mortgage Contracts Inventory Investors 435

Housing Wire

JULY 17, 2023

The market was roaring — way too hot — with bidding wars, speculators and investors who thought they couldn’t lose. By October 2022, it looked like 2023 would have rising inventory and falling home prices. Inventory has fallen all year. The peak of inventory for 2023 so far was the week of the New Year — that is insane.

Real Estate 369

Real Estate Marketing Inventory Contracts 369

Housing Wire

JUNE 24, 2021

Led by venture capitalist firm Signal Fire as well as existing seed investors Y Combinator and DN Capital , Accept.inc said it plans to use the funding to scale its platform, double its team size and enter new markets. Mortgage startup Accept.inc announced Thursday it raised $90 million in debt and equity.

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Sellers Buyers Investors Inspection 417

Housing Wire

AUGUST 3, 2022

Treasury yields dropped as a result, as investors continue to expect a weaker macroeconomic environment in the coming months.”. The average contract 30-year fixed-rate mortgage for conforming loans ($647,200 or less) decreased to 5.43%, from the previous week’s 5.74%, the largest weekly decline since 2020. the previous week to 30.8%

Mortgage 397

Mortgage Inventory Retail Contracts 397

Housing Wire

MARCH 16, 2022

“Investors are weighing the impacts of rapidly increasing inflation in the U.S. The seasonally adjusted purchase index increased 1% from one week earlier; the unadjusted purchase index increased 2% from the prior week but was 8% lower than the same week a year ago, largely due to a decline in inventory. Presented by: DataVerify

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Supply Chain Mortgage Contracts Government 397

Housing Wire

OCTOBER 21, 2020

Across the different markets, the agents consistently reported bidding wars amid heightened demand for single-family homes, low inventory and an increase of buyers fleeing big cities. Lovern was actually on maternity leave at that time when open houses and contracts were paused. “In Once COVID-19 caused much of the U.S.

Housing Market 545

Housing Market Marketing Real Estate Agent Real Estate 545

Housing Wire

SEPTEMBER 14, 2022

Since the spring, inventories were substantially lower in Rhode Island, Maine, and Vermont, but moderately higher in Massachusetts (including Boston proper) and New Hampshire. In New York City, as well as across most of the district, homes sales tapered off, and the inventory of available homes, though still very low, edged higher.

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Construction Real Estate Inventory Supply Chain 370

Housing Wire

MAY 24, 2023

“Investors remained attuned to the uncertainty around the U.S. The housing market received positive data on new residential construction – which is seen as a key solution to the lack of housing inventory,” Kan added. The latest MBA data published on Wednesday morning shows that mortgage loan applications decreased 4.6%

Mortgage 397

Mortgage Inventory Retail Housing Market 397

Housing Wire

MAY 20, 2022

Today, homes are selling faster than usual because of the shortage of inventory and high buyer demand. Investment homes often take longer to sell because your audience is other investors. You don’t sell your home to the wholesaler; the contract gets transferred to a buyer the wholesaler finds for you. Sell to a Wholesaler.

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Real Estate Agent Tenants Real Estate Agents 435

Hank Miller Team

MARCH 3, 2025

"Investors are vilified, especially by the MSM who blame them for anything and everything that ails the housing market. For the most part, investors compete with other investors for inventory. The vast majority of investors are not corporate giants, they are Mom and Pop owners. can they fix and flip?

Real Estate 52

Real Estate Investors Buyers Sellers 52

Housing Wire

JULY 12, 2022

Dubbed “Lock & Shop,” the product, rolled out in mid-June, has two terms: the 75-day lock, which gives borrowers 45 days to shop and 30 days to close the contract; or the 90-day lock, giving customers 60 days to find a home and 30 days to complete the contract. . The product also allows a one-time float down if rates decline.

Mortgage 397

Mortgage Contracts Valuation Marketing 397

Housing Wire

MARCH 2, 2022

The trade group estimates that the average contract 30-year fixed-rate mortgage for conforming loans ($647,200 or less) increased to 4.15% from 4.06% the week prior. Regarding purchase applications, Kan said the activity remained weak amid a strong home-price growth and low inventory. and the USDA held steady at 0.4%.

Mortgage 370

Mortgage Retail Contracts Government 370

Housing Wire

AUGUST 24, 2023

Investors are concerned that the central bank will continue raising the funds rate, pushing borrowing costs even higher. Higher mortgage rates probably signal “a further contraction in home sales activity,” she added. “We What to expect with the Fed ?

Mortgage 370

Mortgage Property Taxes Investors Buyers 370

Housing Wire

DECEMBER 13, 2023

As 2023 winds to a close, so too does a brutal year for the housing market, a year marked by rising rates , steep home prices , scarce inventory and anemic mortgage originations, compared with the boom years of 2020 and 2021. Some of them are gone forever, and some of them are basically going to have to rebuild capability,” he said.

Mortgage 434

Mortgage Marketing Investors Lending 434

Housing Wire

MAY 24, 2022

My biggest thing is getting total inventory back to 2018-2019 levels, which can range from 1.52-1.93 However, this isn’t going to help much because the existing home sales market has a different inventory channel. Now inventory is rising in the existing home sales market, and we just had some positive weekly year-over-year prints.

Housing Market 418

Housing Market Inventory Construction Marketing 418

Housing Wire

OCTOBER 1, 2022

As reported in the latest NAR Existing-Home Sales , inventory still remains in tight supply, which means homes are still moving at a fast past despite the recent rise in rates and home prices. Investors may have been attracted to the market as they saw rents increase for tenants. In comparison, in 2011, homes took 96 days to sell. .

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Realtors Housing Market Marketing Buyers 418

Housing Wire

MARCH 5, 2024

“ Recovery year ” was the theme heading into 2024 as mortgage professionals hoped for some reprieve in a frozen housing market characterized by high interest rates, low inventory levels and sluggish sales. A little more than two months into the year, however, mortgage rates are the highest they’ve been as the U.S. economy remains hot.

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Loan Officers Mortgage Buyers Inventory 448

Housing Wire

APRIL 9, 2021

” In essence, the program allows WRRE’s sell-side clients to compete with cash-buyers, iBuyers and investors for the little inventory that’s out there when they’re ready to buy. WRRE has offers under contract plus more in the pipeline. “And then we have our agent commission.”

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Brokerage Real Estate Clients Insurance 435

Housing Wire

JANUARY 9, 2023

Construction starts in the BFR market are being propelled by the ongoing demand for single-family rental units as high mortgage rates and limited for-sale inventory push home-purchase prospects further out of reach of many would-be homebuyers. Redfin defines investors as any institution or business that acquires residential real estate.

Housing Market 545

Housing Market Marketing Construction Development 545

Housing Wire

JULY 17, 2024

According to ATTOM, we are already seeing quite an uptick in default and foreclosure activity , and we will likely see even more REO business in the coming years when one considers the continuing trends of low housing inventory and a competitive marketplace.

Real Estate 493

Real Estate Training Agents Buyers 493