Housing Wire

JUNE 16, 2021

Another month of steadily increasing home prices and insatiable demand led Fannie Mae ‘s Economic and Strategic Research Group to alter many of its 2021 predictions – in particular, its outlook on the symbiotic relationship between the housing market and inflation measures.

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Housing Wire

MAY 15, 2024

housing market saw dramatic changes in affordability as mortgage rates skyrocketed 500 basis points. After an initial rush to get to market in Q2 2022, new listings volume fell precipitously. We can observe this trend in both the count of new listings per week and in the total number of unsold homes on the market.

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Mortgage New Listings Inventory Sellers 459

Housing Wire

MAY 11, 2024

However, this year, even though the spreads are still historically bad, they’ve improved over last year, which is a plus for the housing market. The fact that this data line is now positive is a very promising sign for the housing market. Right now, the difference between them is 2.60%.

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Housing Wire

NOVEMBER 4, 2024

The hardest position to take in analyzing the housing market is one that is contrarian and bullish. When everyone knows that the housing market is sluggish and weak, but the data shows surprising strength. New listings rise There were just under 61,000 new listings unsold this week.

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Housing Wire

JANUARY 16, 2024

real estate housing market signals have been gradually building for a couple of months. Home sellers are starting to ease back into the market, new listings are finally exceeding the levels of a year ago. As a result, we’re starting to see slightly more available supply of homes on the market.

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Housing Wire

FEBRUARY 4, 2025

They explore forecasts for the 2025 housing market, key macroeconomic trends to monitor, solutions to the housing affordability crisis and more. To start the conversation, Divounguy dives into the past two years of economic developments and how they impact today’s housing market.

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Housing Wire

FEBRUARY 26, 2024

In Jacksonville, the median condo price declined roughly 7% year over year in January, sales declined 27% and new listings increased 32%. A similar phenomenon occurred in Miami where condo prices fell 3%, sales dropped 9% and new listings rose 27%.

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Housing Wire

JUNE 10, 2024

For every 50 basis point change in mortgage rates, the monthly payment for this house would change by $112.In housing market saw dramatic changes in affordability as mortgage rates skyrocketed 500 basis points. We see the same pattern in the new listings rate each week.

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Appraisal Buzz

MARCH 3, 2025

February 2025 Housing Metrics National Metric Change over Feb. 2019 Median listing price -0.8% (to $412,000) +39.2% Active listings +27.5% -23.1% New listings +4.2% -13.7% Median days on market +5 days (to 66 days) -9 days Share of active listings with price reductions +2.2 2024 Change over Jan.

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Housing Wire

DECEMBER 14, 2024

Over the past two years, housing demand has improved when the 10-year yield falls enough to get mortgage rates near 6%. Mortgage spreads I cannot emphasize enough how positive this year’s mortgage spreads have been for the housing market and the general economy. Overall, this is a positive development for the U.S.

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Appraisal Buzz

JANUARY 3, 2025

According to Zillow s most recent market research, the erratic and abrupt changes in mortgage rates that had a significant impact on the housing market in 2024 will undoubtedly be a significant factor in the upcoming year. 28 New York $680,934 7.0% 27.8% -26.3% -13.5% 51.3% -54.6% -35.4% 32 Los Angeles $956,130 4.5%

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Housing Wire

FEBRUARY 10, 2025

New listings are hitting the market Last year was an environment with 5% to 10% more sellers each week than a year prior. This week, the new listings stat has grown with slightly more sellers. This indicates slow market stabilization and continued inventory growth throughout 2025. While there were 3.8%

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Housing Wire

FEBRUARY 13, 2025

Nationwide housing inventory showed a glimmer of recovery toward the end of 2024. But these new listings aren’t attracting buyers, and pending home sales dropped 4.2% But new listings are heading in the opposite direction, according to Altos Research data. month over month in January.

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Housing Wire

JUNE 6, 2023

A New York City-area contact reports that the sales market in and around New York City has picked up strongly in recent weeks after a brief pause in early April, which was due to uncertainty in the banking sector. Paul region; most other large markets in the District saw even bigger declines.

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Housing Wire

JUNE 22, 2024

Let’s dig into the data to understand these developments better. Now, context is critical; 2023 new listings data was at the lowest levels ever and 2024 looks to be second in the book. While we aren’t back to the usual trend we had between 2013 and 2019, the fact that we had growth is a plus.

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Housing Wire

MAY 23, 2024

Even during the housing bubble crash, the monthly supply data never got to 200,000 homes. To give you some perspective, this amounts to less than two weeks of new listings of existing homes that come on the market. Census Bureau and the Department of Housing and Urban Development. percent (±12.0

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Housing Wire

MARCH 6, 2024

Still, contacts emphasized that the number of units for sale stayed far short of what they considered a balanced market, and that a dearth of inventories had contributed to faster house price growth from 2022 to 2023. New York: Housing markets strengthened as the spring selling season got underway a bit earlier than normal.

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Housing Wire

SEPTEMBER 26, 2023

This is a demand-driven slowdown, because new listings supply is still running 9% to 10% fewer homes for sale each week than this time last year. We’re seeing fewer new sellers each week, but inventory is building as homebuyers wait to see if mortgage rates will come down to make purchases more affordable. from last week.

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Housing Wire

FEBRUARY 16, 2024

New construction starts fell to a seasonally adjusted annual rate of 1.331 million units, down 14.8% Department of Housing and Urban Development (HUD). Housing starts in January also fell by 0.7% Single-family housing starts dropped 4.7% New starts in the Northeast and the Midwest fell 20.6%

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Housing Wire

FEBRUARY 24, 2023

New home sales From Census : Sales of new single-family houses in January 2023 were at a seasonally adjusted annual rate of 670,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. percent (±20.4 percent (±13.1

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Appraisal Buzz

JUNE 17, 2024

According to new Redfin research , more than three in five—an estimated 61.9%—of of homes on the market in May had been listed for at least 30 days without selling. More homes for sale, combined with low demand, means that less appealing listings are piling up, leaving some without a buyer. set in October 2023.

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Housing Wire

AUGUST 23, 2023

Builders are taking advantage of the housing market inventory issues , which is why new home sales are growing yearly, even with higher mortgage rates. Census Bureau and the Department of Housing and Urban Development. This is the biggest reason new listings data has been trending at the lowest levels ever.

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Appraisal Buzz

JULY 1, 2024

Over the past few years, the most popular housing markets in the U.S. have experienced significant changes, showing a pattern of ongoing development and evolution, according to CoreLogic’s May Home Price Insights report. Examining appreciation at the metro level reflects regional patterns.

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Housing Wire

DECEMBER 6, 2024

We’ll also share best practices for developing and sending real estate newsletters and recommend some essential tools to make your email marketing stand out. For buyers, you may want to link to new listings that fit their must-haves. RealTrends.com Housing market data by city and state, agent news, and advice.

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Will Springer Realtor

OCTOBER 15, 2024

Buyers who enter the market now will enjoy some of the best selection of homes since before the pandemic as supply grows, competition wanes and home prices slip. Market watchers remain cautious, however, in anticipation of cheaper borrowing costs next year. The next closest market – San Jose, Calif. – was up 27% YoY.

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Will Springer Realtor

JANUARY 9, 2024

This should have sparked the fading embers of an otherwise chilly housing market in Seattle/King County in the final days of 2023. The 802 new listings in December was a low not seen since records were archived online from 1990. Ho, ho, ho … and oh my! rise and a 6.2% gain in Pierce; they were up 3.0% in Snohomish.

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Will Springer Realtor

DECEMBER 12, 2023

The Seattle area housing market right now reads like a mystery novel with half the pages missing. The Eastside led the way with a 33% drop-off in new listings (420) and Seattle fell 31% (586). By comparison, there were exactly 2900 new listings across our county in November 20 years ago. higher YoY.

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Will Springer Realtor

JULY 8, 2022

The screeching you heard in June was the sound of brakes being applied to the housing market across the U.S. The King County housing market has seen inventory increase by 55% in the past month, while the number of homes going under contract fell 22% from May to the lowest June level since 2011. Not really sure.”.

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Will Springer Realtor

OCTOBER 11, 2022

Seriously though, there must be a ceiling to rising rates that have all but extinguished a robust housing market. housing market is experiencing a price “correction,” defined as a 10% price drop from its most recent peak. OCTOBER HOUSING UPDATE. CONDO NEWS. TREATING YOURSELF EVERY DAY. Dining out.

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Listing Spark

SEPTEMBER 25, 2023

While many thought it’d spell bad news, the total meltdown hasn’t happened. The 5 most notable changes to the Texas Housing Market To really understand how these rising rates have changed things, we need to look at the big shifts in the housing market. At least, not yet.

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Real Estate Sellers New Listings Inventory 69

Will Springer Realtor

AUGUST 15, 2023

The season has been shaped by slumping new listings, a slowly climbing number of homes sitting on the market from previous months, fewer closed sales compared to last year and prices moving plus/minus five percentage points year-on-year (YoY). monthly decline in available Seattle listings (793). on the Eastside.

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Sellers Buyers New Listings Inventory 60

Will Springer Realtor

APRIL 9, 2024

Despite a challenging financing environment, the Seattle/King County housing market is moving forward. New listings (+17%), available homes at the start of April (+5.0%) and listings going under contract – also known as Pending sales – (+24%) were solidly higher when comparing month to month. above the list price.

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Marketing Inventory Buyers Sellers 61

Will Springer Realtor

SEPTEMBER 12, 2023

There is a feeling of Halloween in the real estate world because this housing market is a bit scary these days. The market is spooking many potential buyers and sellers thanks to stubbornly high mortgage interest rates. fewer new listings, the rate of sales rose 1.7% While there were 5.8% There are 7.4%

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Will Springer Realtor

OCTOBER 10, 2023

Unfortunately for buyers, a combination of the typical seasonal trend and higher borrowing costs has slowed housing market activity to an excruciatingly slow pace – and there are concerning signs ahead. First a look at September’s numbers: A wave of last-chance listings for the year hit the market after Labor Day.

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Buyers Inventory Sellers Housing Market 64

Will Springer Realtor

JUNE 11, 2024

The single-family-home category – which includes townhomes – shows a 25% climb in new listings (3198) from April and a 33% rise year-on-year (YoY), and many of those homes remain on the market. A full 34% of all single-family listings in Seattle have experienced a price drop. This is the start of a price correction.”

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Listing Spark

JUNE 16, 2023

In this episode of Real Estate Real Fast, Aaron Jistel, the co-founder of ListingSpark and an experienced real estate broker, provides a comprehensive overview of the current state of the Texas real estate market. The average Days on Market in Austin spiked to 71 days, up by 53 days compared to last year. [00:03:07 That’s down 4.3%

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Housing Wire

AUGUST 16, 2024

In this week’s episode of the Top Of Mind podcast, Altos Research President Mike Simonsen explores the housing affordability and supply crisis facing the U.S. Salim Furth joins Simonsen to share his expert opinions on the current housing crisis and the various factors that impact new development in certain cities.

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