Housing Wire

DECEMBER 10, 2024

According to data from Altos Research, for-sale inventory has risen from 1,864 on a 90-day rolling basis in May to 3,019 today. Despite the rise in inventory and decline in prices, the number of homes for sale is still considerably lower than normal. Its a symptom of a market thats transitioning away from sellers.

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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.

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Housing Wire

MARCH 2, 2023

Nationwide, pre-pandemic the first week of February typically marks the lowest point for housing inventory during the year, as sellers return to the market in time for spring, but since the onset of the pandemic this predictable trend has been thrown out the window. “

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Housing Wire

JANUARY 31, 2023

Lack of inventory is an issue builders and mortgage loan originators alike are dealing with across the nation. The inventory put a cap on how much business Marquis’ team can do, which is one of the reasons why Marquis is now licensed in 22 states. In our market here in Boston, we have incredibly low inventory.

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Housing Wire

NOVEMBER 4, 2024

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. I wanted to make sure I was comfortable with what the inventory in my price range might look like before I began taking up an agent’s valuable time.

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Housing Wire

APRIL 22, 2024

We’re watching inventory , which continues to grow by 3% each week. We’re watching sales volumes , which are definitely up over past year but remain slow. Housing inventory When we look at the active inventory of unsold homes on the market, we can definitely see the impact of higher mortgage rates in the past month.

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Housing Wire

SEPTEMBER 30, 2024

“We are seeing multiple offers definitely in those medium price ranges. It has definitely downshifted, but in most cases, I am still seeing listing agents putting out deadlines for best and final offers.” There is definitely frustration among buyers,” she said. “It As of Sept. It gets discouraging.

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Housing Wire

MAY 6, 2024

Inventory increases aren’t occurring at a super fast pace, but the number of homes on the market across the country keeps expanding. Elevated mortgage rates slow demand so that inventory grows, but in years past, the total sales volume has been restricted by the limited supply. Let’s dig further into the details of the U.S.

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Housing Wire

MARCH 31, 2025

This is measurable in both the total unsold inventory and the number of new listings each week. Because each week we have 815% more sellers than last year, the total inventory will continue to build unless and until demand shifts dramatically, which would require notably lower mortgage rates. Thats up 1.1% for the week and is now 30.6%

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Appraisal Buzz

JULY 23, 2024

More buyers are insisting on home inspections and appraisals, and inventory is definitively rising on a national basis.” June Inventory Sees Record-High Home Prices Across All Unit Types As of the end of June, there were 1.32 million units in the total housing inventory, up 3.1% from May and 23.4% month supply, up from 3.7

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Housing Wire

AUGUST 17, 2021

But there are definitely a few main things to looks out for — many of which are carrying over from a turbulent 2020 and early 2021 — when it comes to the upcoming landscape for the rest of 2021: Lack of inventory Fluctuating interest rates Increased adoption of technology. Inventory issues. All about the rates.

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Housing Wire

MAY 31, 2024

Large institutional investors typically emerged following a raft of defaults and foreclosures stemming from the 2007-08 financial crisis , putting inventory on the market from 2007-09. They don’t have that kind of capital,” he said, adding that Blackstone Group owns roughly 0.05% of single-family homes in the U.S.

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Housing Wire

FEBRUARY 26, 2024

Inventory is rising across the country as home-buying affordability takes another hit. As demand slows, inventory grows. As a result, inventory is higher and future sales price indicators are also softer than they were a year ago. Home prices aren’t falling but the growth signals are definitely softening.

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Housing Wire

JANUARY 5, 2021

Over the past few decades, the inventory of affordable homes has been in sharp decline while home prices have risen dramatically. But once the definition of manufactured homes was clarified, and they were shown images or video of what these homes look like, their interest increased by 31%.

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Housing Wire

MARCH 1, 2024

We were up year over year in inventory , but we were at a 25 year low on new listings.” From a seller’s standpoint it may make a bit more sense to sell now, so we are creating some more inventory and buyer are taking advantage of lower rates and more stable home prices.” Last year was a tough one for the Indiana real estate market.

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Appraisal Buzz

NOVEMBER 4, 2024

First-time buyers face high home prices, high mortgage interest rates and limited inventory, making them a decade older with significantly higher incomes than previous generations of buyers. The majority of sellers (87%) stated that they would refer their agent for future services either definitely (72%) or possibly (15%).

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Housing Wire

FEBRUARY 12, 2024

Each week — for several months now — inventory levels of unsold homes on the market has been expanding compared to last year. Even as inventory declined this week, it’s relatively growing compared to a year ago. This week, inventory fell by half a percent. That leaves 52,000 new listings unsold to add to inventory.

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Housing Wire

JANUARY 23, 2024

While I hate to be the bearer of bad news, that era is almost most definitely drawing to a close. With the coming together of interest rate drops, the persistent, continued low inventory levels and 2023 being recorded as the slowest year for U.S. Will we get more inventory? The strategy has changed for buyers.

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Housing Wire

NOVEMBER 6, 2020

Inventory is too low, people need to decide to sell their houses,” Buchbinder told HousingWire. Buchbinder said that because of the lack of inventory, she thinks that some buyers feel like they’ve lost out on an opportunity to buy the perfect home. But the amount of buyers still definitely outweigh the listings that are out there.

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Housing Wire

DECEMBER 18, 2020

There is currently only one month’s worth of housing inventory in Austin. Little-to-no inventory among such strong demand is artificially raising the median home price right now, 2020 president of the board, Romeo Manzanilla, told HousingWire. Additionally, residential sales increased by 28.8% and sales dollar volume soared 47.2%

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Housing Wire

JANUARY 29, 2024

I think this trend is durable, but it’s definitely not a guarantee. I suspect if that happens we’ll see even more demand, with a strong pickup in home sales volume coupled with falling inventory levels, and a return to rising home prices. That’s the active inventory across the country.

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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.

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Housing Wire

JUNE 20, 2024

Local agents say this is one of the main reasons why the state is struggling with housing inventory. Despite the state’s tight inventory, the housing market is not as hot as one might expect. Buyers are taking their time and they definitely are being pickier,” Wallace said. They don’t want to give up their 3% rate for a 7% rate.”

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Housing Wire

MAY 30, 2023

Low housing inventory and still-strong demand kept prices high in March, according to the latest according to the S&P CoreLogic Case-Shiller National Home Price Index , released Tuesday. The annual growth rate in March 2023 was up 0.7%. On a month-over-month basis, the index was up 1.3% before seasonal adjustment.

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Housing Wire

JANUARY 26, 2022

But what if the market conditions include historically low levels of available inventory for sale, and competing for that limited inventory with institutional investors as well as millions of millennial homebuyers? It’s simply a matter of adjusting your investment strategy to optimize current market conditions. million and 1.87

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Housing Wire

NOVEMBER 18, 2020

Real estate agents across the country have made it clear – low inventory and low mortgage rates have kept them busy throughout the pandemic, especially in typical vacation destinations. As the Hawaii housing market continues to soar, housing inventory remains low. year over year on the big island, Hawaii.

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Housing Wire

SEPTEMBER 30, 2020

” Kanacki’s market, like many others, remains competitive as buyers continue to experience bidding wars amid historically low housing inventory and an uptick in home prices. “I Hamblen said that there’s about a month-and-a-half worth of inventory in the Long Island market and she is expecting a strong end to 2020.

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Housing Wire

MARCH 29, 2024

We definitely noticed a downturn last year, which coincided with interest rates going up, and buyers just put the brakes on things and wanted to wait to see what was going to happen. I feel like the market we are in, from an inventory standpoint, feels similar to last year.” Buyers are still buying and sellers are still selling.

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Housing Wire

APRIL 26, 2023

Roberts and thousands of other loan officers across the country continue to be hampered by a serious inventory shortage , which results in heavy competition for fewer deals. If I were a builder right now, I’d build as many houses as I could, because there is a lack of inventory, they’re pretty much the only sellers,” Roberts said.

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Housing Wire

OCTOBER 21, 2022

Phoenix has arguably been one of the hottest housing markets in the country over the past two years, but as mortgage rates have climbed, demand has cooled and inventory has risen dramatically. There are definitely a lot more price reductions,” she said. “I

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Housing Wire

JULY 29, 2024

Especially in the $2 million to $5 million range, there is quite a bit of inventory now sitting on the market and it is great property,” Durham said. “So, Inventory is rising a little bit, it isn’t as high as in 2019, but it’s better than it has been and it’s still slightly a seller’s market, so we are just moving to a levelized market.”

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Housing Wire

OCTOBER 21, 2021

“There’s definitely still a lot of regular home buyers who have been living and working here in Vermont forever and are just being kind of edged out of the market because of people coming from out of state with more cash to spend,” Kavenaugh said. Exacerbating the issue of soaring demand is an incredibly low level of inventory. “At

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Housing Wire

DECEMBER 11, 2023

We are definitely seeing an uptick in demand. Demand for approvals has definitely increased, but homebuyers are waiting to see if they will drop just as fast as they have come down recently, said Robby Oakes, managing director at CIMG Residential Mortgage. Fannie Mae has a more conservative outlook expecting rates to average 7.3%

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Housing Wire

NOVEMBER 19, 2020

On the flip side, the measure may also free up much-needed inventory in the state, as it protects senior homeowners who want to sell their current home and downsize, but have been afraid of much higher taxes. Research shows this will open up more inventory. Now, heirs will pay market value in taxes.

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Housing Wire

AUGUST 15, 2024

If there is a change in how inventory is managed in our industry, we’re going to be the No. And kind of what happens with our inventory, no matter how the market evolves, we’re going to be in the advantaged position with our scale.” We are definitely seeing and feeling more outreach and back and forth,“ she said.

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Housing Wire

JUNE 21, 2021

But like the rest of the country, low housing inventory has hit the city hard. The KAAR also said housing inventory dropped for six straight months to start the new year. “We’re definitely seeing a ton of new projects,” Grebe said. year-over-year. “It’s a daily hustle for me,” he said.

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Housing Wire

OCTOBER 5, 2023

Those with children are driving listing inventory today followed by empty nesters and singles,” said Tom Gamble, co-founder and CEO of TKI. By studying the various profiles, we can see who’s driving listing inventory. Real estate has returned to a lifestyle-driven market. This goes far beyond mining social media for clues.

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