Housing Wire

MARCH 22, 2024

Unlike many other metropolitan areas across the country , the housing market in Southwest Florida is comparably flush with for-sale inventory. “I We are seeing a healthy increase in inventory, which we really needed.” Smith attributes the uptick in inventory to a bump in new listings.

Insurance 450

Insurance Inventory Marketing Real Estate 450

Appraisal Buzz

JULY 31, 2024

increase was reported in June pending home sales by the National Association of REALTORS (NAR). The rise in housing inventory is beginning to lead to more contract signings,” said Lawrence Yun, NAR Chief Economist. The level of contract activity in 2001 is represented by an index of 100. In a new report, an estimated 4.8%

Contracts 397

Contracts Inventory Buyers Housing Market 397

Housing Wire

OCTOBER 1, 2022

The monthly Realtors Confidence Index helps to dispel many of the myths and cut through the noise of what is currently happening in the market. The National Association of Realtors Research Group has produced the index since 2008, at a time of turmoil in the real estate market. In comparison, in 2011, homes took 96 days to sell. .

Realtors 420

Realtors Housing Market Marketing Buyers 420

Housing Wire

JULY 31, 2024

After plummeting to an all-time low in May , pending home sales bounced back a bit in June, with the Pending Home Sales Index rising 4.8%, according to data released Wednesday by the National Association of Realtors (NAR). A reading of 100 is equal to the level of contract activity in 2001. The index rose from a reading of 70.8

Housing Market 469

Housing Market Inventory Contracts Realtors 469

Housing Wire

JUNE 27, 2024

After rising in March , pending home sales continued to slide in May, with the Pending Home Sales Index (PHSI) posting its second consecutive month of declines to reach a record low, according to data released Thursday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001.

Inventory 501

Inventory Contracts Realtors Buyers 501

Housing Wire

NOVEMBER 21, 2024

The difference is mortgage rates: even with inventory growing at a healthy clip this year, mortgage rates just heading down toward 6% for a brief period of time resulted in higher prices in a seasonally soft period. Home prices firming up with higher inventory and mortgage rates just getting toward 6% is a lesson learned in 2024 for 2025.

Mortgage 488

Mortgage Housing Market Inventory Contracts 488

Appraisal Buzz

OCTOBER 30, 2024

The National Association of REALTORS (NAR) reports that pending home sales increased in September. increase in the Pending Home Sales Index (PHSI), a measure of future home sales based on contract signings, to 75.8, increase in the Pending Home Sales Index (PHSI), a measure of future home sales based on contract signings, to 75.8,

Contracts 418

Contracts Buyers Inventory Mortgage 418

Housing Wire

MARCH 28, 2024

month over month, according to the newest data released Thursday by the National Association of Realtors (NAR). For comparison, the index is benchmarked at a reading of 100 based on 2001 contract activity. Ongoing job gains are clearly increasing demand along with more inventory.” Overall, active inventory grew 14.8%

Inventory 483

Inventory Realtors Contracts Sellers 483

Appraisal Buzz

NOVEMBER 27, 2024

year-over-year, according to the National Association of Realtors (NAR). It’s encouraging to see contract signings increasing in all major regions of the country,” adds Yun. Pending home sales increased for a third straight month in October, rising 2% compared with September and 5.4% in the Northeast, 4.0% in the Midwest, 0.9%

Contracts 195

Contracts Realtors Inventory Lending 195

Housing Wire

MAY 30, 2024

in April compared to March as rising mortgage rates weighed on the market, according to data released Thursday by the National Association of Realtors (NAR). The impact of escalating interest rates throughout April dampened home buying, even with more inventory in the market,” NAR chief economist Lawrence Yun said in a statement.

Real Estate Agent 531

Real Estate Agent Inventory Realtors Buyers 531

Housing Wire

AUGUST 30, 2023

in July, according to data released Wednesday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. However, rising mortgage rates and limited inventory have temporarily hindered the possibility of buying for many.” annual drop recorded in June.

Inventory 450

Inventory Contracts Buyers Realtors 450

Appraisal Buzz

JUNE 27, 2024

decline in pending home sales, according to the National Association of REALTORS. Indicator of prospective home sales based on contract signings, the Pending Home Sales Index (PHSI) dropped to 70.8 The level of contract activity in 2001 is represented by an index of 100. May saw a 2.1% Per the report, every U.S.

Contracts 418

Contracts Inventory Buyers Mortgage 418

Housing Wire

OCTOBER 26, 2023

in September despite significant affordability hurdles weighing on the market, according to data released Thursday by the National Association of Realtors (NAR). Despite the slight gain, pending contracts remain at historically low levels due to the highest mortgage rates in 20 years,” Lawrence Yun, NAR chief economist said in a statement.

Inventory 436

Inventory Contracts Housing Market Realtors 436

Housing Wire

JANUARY 29, 2024

Last week, the National Association of Realtors released their December pending sales data. Homes in contract rises There are more homes in contract now than last year at this time. Sales growth is not guaranteed This week there were 56,000 contracts started for single-family home purchases. So, this growth is fragile.

Contracts 450

Contracts Inventory Housing Market Mortgage 450

Housing Wire

JANUARY 26, 2024

month over month in December, according to the newest data from the National Association of Realtors (NAR). For comparison, the index is benchmarked at a reading of 100 based on 2001 contract activity. New home sales , another measure of contract signings, rose 8% in December on the back of declining mortgage rates. in November.

Contracts 483

Contracts Housing Market Construction Inventory 483

Housing Wire

FEBRUARY 29, 2024

month over month in January, according to the newest data from the National Association of Realtors (NAR). For comparison, the index is benchmarked at a reading of 100 based on 2001 contract activity. Overall active inventory improved 7.9% Pending home sales dropped 4.9% NAR’s Pending Home Sales Index (PHSI) decreased to 74.3

Contracts 460

Contracts Inventory New Listings Realtors 460

Appraisal Buzz

JULY 31, 2024

compared with June 2023, according to the National Association of Realtors (NAR). Month-over-month, contract signings increased in all four U.S. The rise in housing inventory is beginning to lead to more contract signings,” says Lawrence Yun, chief economist for NAR, in a statement. Pending home sales increased 4.8%

Contracts 195

Contracts Inventory Insurance Realtors 195

Housing Wire

NOVEMBER 21, 2023

million, according to the N ational Association of Realtors. Homes typically go under contract a month or two before the closing, which means the October data largely reflects purchase decisions made in August and September. On the bright side, housing inventory rose 1.8% On the bright side, housing inventory rose 1.8%

Inventory 436

Inventory New Listings Realtors Contracts 436

Appraisal Buzz

OCTOBER 30, 2024

compared with September 2023, according to the National Association of Realtors (NAR). Contract signings rose across all regions of the country as buyers took advantage of the combination of lower mortgage rates in late summer and more inventory choices,” says Lawrence Yun, chief economist for NAR, in a statement. in the West.

Inventory 195

Inventory Contracts Realtors Mortgage 195

Housing Wire

AUGUST 10, 2020

According to the National Association of Realtors , contract signings kicked off strong in August , with the most contract signings last week in the Midwest, at 21%. Homes on the market sold four days faster year over year, as total inventory is down 35%. Now, agents are showing and selling nonstop.

Agents 544

Agents Business Inventory Real Estate Agent 544

Appraisal Buzz

SEPTEMBER 26, 2024

According to the National Association of Realtors (NAR) , pending home sales in August 2024 rose 0.6%, with the Midwest, South, and West posting monthly gains in transactions, and the Northeast recording a loss. NAR’s Pending Home Sales Index (PHSI) is a forward-looking indicator of home sales based on contract signings, ad increased to 70.6

Contracts 359

Contracts Buyers Mortgage Realtors 359

Housing Wire

JUNE 29, 2023

After holding steady month over month in April , pending home sales were back down again in May, dropping 2.7%, according to data released Thursday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. annual drop recorded in April.

Contracts 370

Contracts Inventory Housing Market Realtors 370

Housing Wire

MAY 25, 2023

After falling for the first time since November 2022 in March , pending home sales remained unchanged in April, according to data released Thursday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. annual drop recorded in March.

Inventory 398

Inventory Housing Market Contracts Government 398

Housing Wire

NOVEMBER 4, 2024

As a real estate reporter, it was not lost on me that the formal start of my house hunt would coincide almost perfectly with the real estate industry working through the nationwide implementation of the business practice changes outlined in the National Association of Realtors ‘ (NAR) commission lawsuit settlement agreement.

Agents 436

Agents Inspection Real Estate Sellers 436

Housing Wire

APRIL 27, 2023

month-over-month decrease, according to data released Thursday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. The lack of housing inventory is a major constraint to rising sales,” Lawrence Yun , NAR’s chief economist, said in a statement. year over year.

Inventory 461

Inventory Realtors Contracts Construction 461

Housing Wire

AUGUST 27, 2020

The seasonally-adjusted index measuring signed contracts was up 15.5% year over year, largely on the back of pent-up demand from buyers who were unable to strike deals during the spring, said Lawrence Yun, chief economist of the National Association of Realtors. “We pending home sales rose 5.9% million, a 1.1% gain compared with 2019.

Contracts 501

Contracts Realtors New Listings Real Estate 501

Housing Wire

NOVEMBER 30, 2020

in October – the second consecutive month the index has fallen as affordability strains the market, a recent report from the National Association of Realtors said. However, borrowers are still maintaining a strong pace, as contract signings are up 20.2% pending home sales fell 1.1% compared to a year ago. Presented by: Fannie Mae.

Inventory 535

Inventory Realtors Contracts Development 535

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 498

Buyers Realtors Inventory Sellers 498

Housing Wire

MARCH 29, 2023

Month-over-month, contract signings increased in three U.S. regions, but declined in the West, according to the National Association of Realtors. Overall, contract signings were down 21.1% After nearly a year, the housing sector’s contraction is coming to an end,” he said in a statement Wednesday. from February 2022.

Contracts 323

Contracts Realtors Home Value Housing Market 323

Inman

OCTOBER 30, 2024

Easing mortgage rates and increased inventory in September undercut buyer anxiety from the previous months, leading to a 7.6 percent month over month increase in contract signings.

Buyers 173

Buyers Contracts Inventory Mortgage 173

Housing Wire

OCTOBER 31, 2023

In August, pending home sales , existing home sales and new home sales all fell compared to the previous month, as mortgage rates climbed and inventory remained scarce. in September year over year to $394,300, according to the National Association of Realtors. During the first week of June, mortgage rates were at 6.79%.

Inventory 498

Inventory Housing Market Contracts Realtors 498

Housing Wire

SEPTEMBER 28, 2023

in August, according to data released Thursday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. Pending home sales, like new home sales, are based on contract signings. Mirroring the trend for new home sales , pending home sales fell 7.1%

Housing Market 497

Housing Market Contracts Government Buyers 497

Housing Wire

DECEMBER 30, 2020

year-over-year, according to a report from the National Association of Realtors. Year-over-year, contract signings increased by 16.4%. “The latest monthly decline is largely due to the shortage of inventory and fast-rising home prices,” said Lawrence Yun, NAR’s chief economist. Presented by: WFG.

Contracts 535

Contracts Inventory Realtors Government 535

Housing Wire

OCTOBER 28, 2021

An index level of 100 is equal to the level of contract activity in 2001. Contract transactions slowed a bit in September and are showing signs of a calmer home price trend, as the market is running comfortably ahead of pre-pandemic activity,” Lawrence Yun, NAR’s chief economist, said in a statement. in 2022.

Inventory 450

Inventory Renovations Contracts Buyers 450

Housing Wire

SEPTEMBER 19, 2023

Meanwhile, the available inventory of unsold homes is growing. This week, inventory grew faster than it did last year at this time. This week was the biggest week of inventory increase all year, with inventory growing by over 9,000 single-family homes. Last year, inventory climbed dramatically for months.

Housing Market 477

Housing Market Marketing Inventory New Listings 477

Housing Wire

JUNE 28, 2024

We still have low inventory, but also not a lot of buyer activity, and now I’m seeing more inventory come on the market and still not as much buyer activity. Although pending sales are up, local agents noted that properties are taking longer to go under contract, leading to an uptick in inventory and days on market.

Housing Market 398

Housing Market Marketing Inventory Buyers 398

Housing Wire

JULY 24, 2023

Last week the National Association of Realtors (NAR) reported that existing home sales declined in June to an annual rate of 4.2 Pending Sales There are now 378,000 single-family homes in contract. There were 68,000 new contracts for single-family homes this week. Homes typically take 30-45 days in contract.

Inventory 368

Inventory Contracts New Listings Buyers 368