Housing Wire

OCTOBER 7, 2024

Ironically, a strong employment situation in the country drives the bond market to higher rates. The purchase market is slower to respond, and the data now is still showing the positive impact of lower rates of recent weeks. Pending home sales continue to climb There are 362,000 single-family homes under contract.

Housing Market 438

Housing Market Marketing Mortgage Contracts 438

Housing Wire

JULY 15, 2024

If we look at the housing market right now, sales are down, new listings are down and prices are decelerating. Good inflation data came in last week, the bond market rallied and mortgage rates took a notable dip below 7% for the first time in months. If so, how should we expect the housing market to react? Inventory is 38.5%

Housing Market 486

Housing Market New Listings Marketing Mortgage 486

Housing Wire

NOVEMBER 18, 2024

What will the housing market look like in 2025? For a more comprehensive look, read our 2025 Housing Market Forecast covering home prices, home sales volumes and more. Housing inventory There are now 722,000 unsold single-family homes on the market around the U.S. of the homes on the market.

Housing Market 442

Housing Market New Listings Marketing Inventory 442

Housing Wire

DECEMBER 19, 2023

The defining characteristic of the 2023 housing market has been dramatically fewer home sellers than any recent year. The inventory picture There are now 539,000 single-family homes on the market unsold, which is up 3.2% More home sellers enter the market There were 11% more new sellers this week than last year at this time.

Sellers 456

Sellers Marketing Inventory Contracts 456

Housing Wire

JANUARY 8, 2024

Could the housing market change and slow again in 2024? The data does not show any slowing on any of the active market metrics. Sellers are coming back There are 499,000 single-family homes unsold on the market now. There are now 247,000 single family homes in contract. of the homes on the market have taken a price cut.

Real Estate 506

Real Estate Marketing Inventory New Listings 506

Housing Wire

NOVEMBER 6, 2023

held up in 2023, sales volume in the housing market cratered. If we get lucky with mortgage rates, though, we might just be at the bottom of the housing market recession right now. To get the weekly picture of the housing market, watch the video above. of the homes on the housing market have had a price cut. Plus, 39.2%

Housing Market 489

Housing Market Marketing Inventory Contracts 489

Appraisal Buzz

JULY 24, 2024

Nearly two-thirds (64.7%) of homes on the market in June had been listed for at least 30 days without going under contract, according to a new report from Redfin, a technology-powered real estate brokerage. Overall, the market is fairly stagnant,” said Shay Stein, a Redfin Premier Agent in Las Vegas.

Inventory 435

Inventory Marketing HOA Contracts 435

Housing Wire

DECEMBER 4, 2023

Now that Thanksgiving is behind us and December is well under way, we can start looking ahead to the 2024 housing market. Home prices will also be up and we have more homes under contract than we did at the end of 2022. Watch the video above to get the latest housing market update from Altos Research. housing market in 2024.

Housing Market 505

Housing Market Marketing Inventory New Listings 505

Housing Wire

DECEMBER 21, 2024

Federal Reserve Chairman Jerome Powell played the Grinch last week for the housing market, sending mortgage rates higher after his remarks at the Fed presser on Wednesday. Despite this, we had positive data on existing home sales , purchase applications, and our weekly pending contract figures.

Housing Market 436

Housing Market Marketing Inventory New Listings 436

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. Almost every market in the country has more homes available now than at the end of 2023. A few states have more homes on the market now than any time in the last eight to 10 years.

Inventory 408

Inventory Housing Market Marketing Sellers 408

Housing Wire

JULY 6, 2024

This is precisely what the doctor ordered for the housing market. In March of 2022, we only had 240,000 active single-family homes available for sale, leading me to call the housing market savagely unhealthy as we simply had too many people chasing too few homes. With more sellers who are buyers, we have a tad more demand this year.

Housing Market 465

Housing Market Mortgage Inventory Marketing 465

Housing Wire

FEBRUARY 28, 2024

If you’re struggling to market your business on social media, or worse, haven’t even started yet, you might be in for a rude awakening in 2024. Prioritize reputation over reach The key to successful social media marketing is to build meaningful connections with people in your farm area who want to buy or sell real estate.

Real Estate 430

Real Estate Marketing Tools Contracts 430

Appraisal Buzz

JUNE 17, 2024

of homes on the market in May had been listed for at least 30 days without selling. Since March, when new listings increased but buyer demand remained sluggish, the share of properties on the market for at least one month has increased year-over-year, as it has since mortgage rates began climbing in 2022. set in October 2023.

Marketing 431

Marketing Inventory Contracts New Listings 431

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. Among specialists, 32.8%

Buyers 417

Buyers Luxury Properties Marketing Inventory 417

Housing Wire

AUGUST 26, 2024

Unsold inventory in the two biggest housing markets in the country, Texas and Florida, declined this week. This probably reflects seller discouragement in a low-demand market, pulling their listings to wait until next year. real estate market as of mid-August 2024. There are fewer homes for sale now than a week ago.

Inventory 407

Inventory Marketing Sellers New Listings 407

Housing Wire

JUNE 15, 2024

Market Leader is an all-in-one solution for generating real estate leads, nurturing them with automated tools, and converting them into long-term clients. Its suite of tools includes a robust CRM, a real estate website, predictive analytics, marketing automation, and much more. Summary Key specs How does Market Leader work?

Marketing 379

Marketing Real Estate Tools Real Estate Agent 379

Housing Wire

JULY 29, 2024

Any sales growth momentum in the real estate market we might have had early in the year is gone. New home sales contracts are coming in pretty consistently fewer than last year — 4.9% Our Immediate sales measure of homes that get listed, take offers and go into contract in a few days is also notably lower than last year.

Housing Market 360

Housing Market Marketing Inventory New Listings 360

Housing Wire

SEPTEMBER 12, 2024

For one, it’s easier to qualify for more of the homes on the market now that mortgage rates are a bit lower. Attractive properties in hot markets are still selling quickly, but some metros — or neighborhoods within them — have flipped further in favor of buyers.“ “Buyers have more options to choose from for two reasons.

Housing Market 476

Housing Market Marketing Inventory Buyers 476

Housing Wire

FEBRUARY 9, 2024

Our comprehensive guide to the best real estate marketing tools provides you with a helpful assortment of easy-to-use, effective marketing products to turn your business into a revenue engine in 2024. We know — you didn’t get into real estate for the love of marketing or tech.

Tools 445

Tools Real Estate Marketing Real Estate Agent 445

Housing Wire

DECEMBER 9, 2024

Weve now been in the post-pandemic housing market recession market as long as we were in the pandemic boom. Does the housing market start to get back to normal? The number of unsold homes on the market is finally getting closer to 2019 levels. But, the market change isnt evenly distributed. Two and a half years.

Housing Market 416

Housing Market Marketing Inventory Sellers 416

Housing Wire

JUNE 15, 2024

I got one good crumb from the Fed meeting that made me smile: Powell finally admitted that the labor market isn’t tight anymore, which is a beneficial statement for rates down the line if the labor data gets weaker. If mortgage rates head lower and stay lower, this contract data will grow, but we don’t see that growth in mortgage demand yet.

Mortgage 471

Mortgage Inventory Marketing New Listings 471

Housing Wire

OCTOBER 22, 2024

New pending sales are also on the rise, with the 60,000 homes going under contract last week representing a 9% increase from the same week last year and an 11% increase from the same week in 2022. Data from Altos Research shows that higher mortgage rates aren’t necessarily keeping sellers from listing their homes.

Sellers 410

Sellers Mortgage Marketing Construction 410

Appraisal Buzz

DECEMBER 30, 2024

Year-over-year, contract signings increased in all four U.S. NARs Pending Home Sales Index (PHSI)a forward-looking indicator of home sales based on contract signingsadvanced 2.2% A PHSI reading of 100 is equal to the level of contract activity in 2001. regions, with the West leading the pack. in November. from November 2023.

Contracts 435

Contracts Inventory Buyers Sellers 435

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. real estate market at the end of May 2024.

Inventory 515

Inventory New Listings Contracts Sellers 515

Appraisal Buzz

SEPTEMBER 13, 2024

As we near the fourth quarter of 2024, the traditional peak of the home-buying season has passed, and the real estate market is entering a period of transition. As of July, there were approximately 646,000 unsold single-family homes on the market in the U.S.,

Inventory 397

Inventory Real Estate Marketing New Listings 397

Appraisal Buzz

OCTOBER 30, 2024

increase in the Pending Home Sales Index (PHSI), a measure of future home sales based on contract signings, to 75.8, The amount of contract activity in 2001 is represented by an index of 100. Year-over-year, contract signings grew in the Northeast and West and were unchanged in the Midwest and South. September saw a 7.4%

Contracts 418

Contracts Buyers Inventory Mortgage 418

Housing Wire

APRIL 1, 2024

But now sellers are coming back into the market. There are still a lot of people who assume that mortgage rates need to fall before we see a rebound in home sales, but the data shows that we only need stability in the mortgage markets. Pending sales Last week saw 69,000 new contracts for single-family home purchases across the country.

Inventory 487

Inventory New Listings Contracts Sellers 487

Housing Wire

JUNE 3, 2024

These are the homes that go into contract immediately after listing. Inventory continues to build There are now 605,000 single-family homes on the market. this week, and there are now 39% more homes (170,000) on the market than last year at this time. Most of the country has over 30% more homes on the market now.

Inventory 487

Inventory Contracts New Listings Sellers 487

Housing Wire

OCTOBER 24, 2023

For home prices to adjust significantly, we need an imbalance of supply versus demand, and this market is surprisingly balanced. To get the weekly picture about the housing market, watch the video above. 23, there were 554,000 single-family homes on the market. Don’t have time? That’s up 1.5% from last week.

Contracts 487

Contracts Inventory New Listings Housing Market 487

Appraisal Buzz

DECEMBER 2, 2024

Working through the new Market Conditions policy and advisory from Fannie Mae Did Fannie Mae just throw a wrench into how residential appraisal reports for mortgage transactions are completed with their recent announcement on Market Conditions? Does Fannie Mae want to see this specific graph in all appraisals? What does USPAP say?

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Marketing Appraisal Development Market Value 352

Housing Wire

NOVEMBER 27, 2023

Watch the video above to get the latest housing market update from Altos Research. Inventory hit 566,000 homes on the market, meaning there are 0.5% There were 58,000 new listings this week, with 10,000 of those homes already under contract as immediate sales. A few more sellers appear to be braving the market each week.

New Listings 499

New Listings Contracts Inventory Housing Market 499

Housing Wire

JANUARY 20, 2025

New contracts for home purchases are coming in very low this month. Buyer activity has been dropping for several weeks and there are now fewer homes in contract than a year ago. Buyer activity has been dropping for several weeks and there are now fewer homes in contract than a year ago. Some markets are much slower than others.

Mortgage 306

Mortgage Inventory New Listings Contracts 306

Housing Wire

MARCH 25, 2024

The Fed met last week and we escaped dramatic changes in the markets. There are now 513,000 single family homes unsold on the market. We’ll finish the year with over 600,000 homes on the market unless rates reverse and fall quickly. We currently have 24% more homes on the market than a year ago. Now it’s on the rise.

New Listings 496

New Listings Inventory Contracts Sellers 496

Housing Wire

SEPTEMBER 30, 2024

The number of homes under contract across the country has risen for the last few weeks. It’s now the end of the third quarter of 2024, it’s been a really weak year for home sales but maybe, just maybe this market is turning the corner. Pending home sales climb There are 362,000 single-family homes under contract.

Mortgage 439

Mortgage Contracts Inventory New Listings 439

Housing Wire

JULY 8, 2024

Nationally, the housing market indicators have been slow for several months now. There have been a few markets; however, that have defied the national trends where inventory has stayed tighter and demand keeps rolling in. is 40% more now than last year, but some markets are just now starting to lift beyond the pandemic lows.

Inventory 468

Inventory Contracts Sellers New Listings 468

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. In fact, for every two sales, there is another listing withdrawn from the market.

Sellers 465

Sellers Inventory Contracts New Listings 465

Housing Wire

APRIL 8, 2024

With the Easter holiday last week, data for housing inventory , new listings and the pace of new contracts started all took a breather from their growth pace. We’re slowly emerging from a supply-constrained market. As sellers gently re-enter the market, more home sales can happen and are happening. So demand isn’t increasing.

Inventory 469

Inventory Contracts New Listings Sellers 469