Housing Wire

NOVEMBER 5, 2021

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. Aspen, Colorado. This content is exclusively for HW+ members.

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Housing Wire

MAY 4, 2023

On the one hand, elevated mortgage rates continue to erode buyers’ purchasing power, and in some markets, home prices are falling. All major housing market metrics point to a restrained housing market. The number of new listings coming on the market this spring is lower than it has been in more than a decade.

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Housing Wire

NOVEMBER 24, 2020

14, a move that suspended open houses , although private showings are allowed with no more than five people. What is this second lockdown going to do to the red-hot Seattle housing market? Members of the MLS added 10,428 new listings to supply in October, up 24% from last year, but pending home sales were only at 11,039.

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Housing Wire

MARCH 26, 2023

The financial and housing markets are still trying to sort out the banking crisis and whether we have seen the last Fed rate hike in this cycle. These events led to lower mortgage rates and increased purchase application data last week, but decreased housing inventory. In a regular market, they would be closer to 5.25%.

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Housing Wire

DECEMBER 7, 2022

For months I have been saying we were going to have challenging comps from October to January because last year at this time mortgage volume was rising — a rare event this late in the year. One issue that has created a waterfall dive in purchase application data and sales is that new listing data is declining faster than usual.

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Housing Wire

DECEMBER 28, 2022

This article is part of our 2022-23 Housing Market Forecast series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Forecast Event. The event is exclusively for HW+ members , and you can go here to register. Home Prices will fall, but don’t expect 2010. months nationally.

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Housing Wire

FEBRUARY 27, 2023

We created the weekly Housing Market Tracker because housing data has been so wild since 2020. The housing market madness persisted last week as inventory fell and higher mortgage rates took a bigger bite out of purchase application data. Weekly inventory change (Feb.

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Housing Wire

JULY 29, 2022

A few months ago, the United States housing market failed Econ 101. metropolitan areas in February 2022, based on year-over-year growth in median listing price according to the residential real estate listing website, Realtor.com. The table also reports the year-over-year percent change in new listings for each market.

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Housing Wire

JULY 2, 2023

We have often discussed that the housing market dynamics changed starting Nov. So the fact that housing demand stabilized and inventory is now negative year over year needs the context that 2022 was a once-in-a-lifetime event. We had new listings growth from 2021 to 2022, but that’s not the case this year.

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Housing Wire

JANUARY 16, 2023

The weekly data shows some good news for the housing market ! With mortgage rates also falling, I am hopeful that more people will list their homes and buy another, so we can get back to a more functional housing market. This is good news for the housing market. The week ahead.

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Housing Wire

JUNE 4, 2023

Here’s a quick rundown of the last week: Active inventory grew 3,180 weekly , and new listing data fell week to week and is still trending at an all-time low in 2023. However, I am grateful we even saw some traditional spring inventory growth this year because new listing data is trending at all-time lows.

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Housing Wire

JUNE 25, 2023

I would feel much better about the inventory situation if we added an additional 3,000-8,000 houses to the weekly data line from current levels. However, the real positive story here is that even with new listing data trending at an all-time low, we are getting the growth in active listings we traditionally see in the spring and summer.

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Sacramento Appraisal Blog

JANUARY 17, 2024

UPCOMING (PUBLIC) SPEAKING GIGS: 01/31/24 Joel Wright & Mike Gobbi Event 9am (on Zoom here) 02/01/24 Gateway Event (private) 2/09/24 PCAR WCR Event […] The post The spring housing market is waking up & random stats first appeared on Sacramento Appraisal Blog.

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Housing Wire

MARCH 14, 2022

One of the biggest questions in real estate right now is how rising interest rates will impact the housing market. The market has been so hot, many worry that rising rates will finally be the catalyst to pop the bubble. The post Mike Simonsen: How rising rates impact the housing market appeared first on HousingWire.

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Housing Wire

FEBRUARY 3, 2023

This article is part of our 2022 – 2023 Housing Market Update series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Housing Market Update. The event is exclusively for HW+ members , and you can go here to register. The median price of new listings is currently $379,900.

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Housing Wire

MARCH 8, 2024

Real estate agents in the leafy suburbs of Bergen County, New Jersey say the current housing market — with historically low inventory and record-high prices — is actually more challenging than the multiple offer chaos they sweated through during the pandemic. “At Altos considers any score above 30 to be a seller’s market.

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Housing Wire

DECEMBER 21, 2022

We have had two historic events that created a waterfall dive in demand recently; we now have precise data showing new listing data declining with those events, which shows how important that data line is to housing demand. This is the biggest story in housing. . economic history. . economic history. .

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Housing Wire

MARCH 19, 2023

The housing market was crazy again last week. Mortgage rates fell as the banking crisis got worse and purchase application data grew for the second week in a row, but the big question is: Did we hit the seasonal bottom in housing inventory? I am hoping it’s just a one-week event. Weekly inventory increased by 1,734.

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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.” 23, 2024, the 90-day average for single family listings in the state was 9,927, down from 14,314 single family listings in late February 2020. “It We have a pretty strong market heading into spring,” Fischer said. “I

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Housing Wire

MAY 2, 2022

This article is part of our housing market update series. At the end of this series, you can join us on May 10 for a Housing Market Update webinar. To register for the HW+ event, go here. The impact on housing markets. To contact the editor responsible for this story: Brena Nath at Brena@hwmedia.com.

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Housing Wire

JANUARY 20, 2023

housing market , we just experienced an event that most people never thought could happen. The Federal Reserve wanted a housing reset , and it got a housing recession, with activity falling the fastest since the brief pause during COVID-19. During that period, we saw new listing data decline.

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Housing Wire

APRIL 13, 2024

Things are hapenning fast with mortgage rates, which is why I update HousingWire’s Mortgage Rate Center page with analysis every weekday morning — looking at how the bond market reacts to economic data or an event that can move rates. Weekly housing inventory data Usually, I would jump for joy at last week’s inventory growth.

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Housing Wire

FEBRUARY 10, 2024

While weekly inventory is still falling, we have year-over-year growth in total active listing and new listings data. We might have an average year in housing compared to the past four years! For the first time in a while, this was a good week for new listing data. What is all this data pointing to?

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Housing Wire

OCTOBER 11, 2022

There’s a showdown at the housing market corral between homebuyers and sellers. When I came up with the “ savagely unhealthy housing market ” label in February of this year, it was based on the premise that the housing inflation story that we have had to deal with since 2020 was a historical event.

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Housing Wire

DECEMBER 6, 2024

Some popular real estate newsletter content includes: Market updates Featured listings Industry news Local news Community events Agent profiles Investment opportunities No matter what content you choose to include, your real estate newsletter should serve as a meaningful touchpoint that continuously builds your client relationships.

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Housing Wire

SEPTEMBER 1, 2024

Many months ago, I talked about the softer labor market and how that should make mortgage rates fall, which it has. And I feel much better about the housing market now with more inventory, which I talked about on CNBC recently. 2024 is the second-lowest new listing year recorded in history.

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Housing Wire

MAY 25, 2024

I have been slightly disappointed in the new listing data only because I was sure we would get a print above 80,000 this year and was hoping for a range of 95,000-110,000 in the peak seasonal period. Remember, for next week, new listings data will take a Memorial Day hit lower as it does each year, and then it rebounds.

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Housing Wire

SEPTEMBER 22, 2022

The savagely unhealthy housing market theme of mine is running in full force now as we have gotten no relief on home prices and now have a mega jump in mortgage rates. . Since the summer of 2020, I have talked about what could change the housing market, which was a 10-year yield above 1.94%, which means rates over 4%.

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Housing Wire

AUGUST 17, 2024

While I didn’t get my minimum target of 80,000 new listings during this year’s peak seasonal weeks, I am pleased we saw growth. I did get a bit excited two weeks ago with the pick-up of new listings as mortgage rates fell, but we didn’t get as good a follow-through this week. Weekly inventory change (Aug.

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Housing Wire

OCTOBER 10, 2024

Agents and LOs are grappling with heavily damaged housing markets in the Southeast. Housing markets in the Southeast are reeling from a one-two punch of devastating hurricanes that are believed to have caused at least $100 billion in damage. There were 775 new listings in Tampa on Sept.

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Housing Wire

NOVEMBER 11, 2023

We saw some good growth this week, and hopefully, in 2024, we can close the gap and get back to 2021-2022 data on new listings. That is the critical period for new listing data to grow; remember, most sellers are buyers. Weekly inventory change (Nov. 10) : Inventory rose from 566,882 to 566,941 Same week last year (Nov.

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Housing Wire

MARCH 9, 2024

Given our current economic data and without a new critical global event, this range should stick. Weekly housing inventory data The positive story for housing in 2024 has been the inventory growth we have seen year-over-year. We haven’t broken either yet. It’s a plus for mortgage rates that the U.S.

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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. Weekly inventory change (Dec.

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Housing Wire

SEPTEMBER 7, 2024

Mortgage spreads were a negative storyline in 2023, as the collapse of Silicon Valley Bank and the resulting banking crisis pushed them to new cycle highs. We haven’t had any banking crisis events this year, and the Federal Reserve is starting its rate-cut cycle soon. Weekly inventory change (Aug.

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Housing Wire

SEPTEMBER 3, 2024

The conversation starts with Dwiggins and Robinson posing a question about the current state of the housing market amid economic turmoil. Campbell says that global equity markets are focused on interest rates more so than any other worldly factors. A recession is good for housing,” Campbell says.

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Housing Wire

NOVEMBER 26, 2024

Summary Planning your open house Marketing your open house Hosting your open house Open house follow-up ideas The full picture Open house ideas: Planning your next event Not every one of your clients wants or needs to hold an open house, but you can certainly play up your open house events to help you reach your real estate career goals.

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Miller Samuel

JUNE 28, 2020

Keeping Housing Market Results From The Public Is Never Justified: An Expansive View. When the Covid-19 crisis began halfway through March, the Manhattan housing market was placed on “pause,” as were many housing markets around the country. Transparency is always the right strategy.

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