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Tight inventory is challenging Illinois’ ‘steady Eddie’ housing market

Housing Wire

Altos considers anything above 30 to be indicative of a sellers market. If all economic factors, political factors and world events are fine, we just kind of flatline. In order to alleviate some of the pressure on buyers, agents like JD Gieson would love to see more inventory come on the market. as of Jan. a year ago.

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Will 2025 finally be a “normal” housing market?

Housing Wire

We know inventory has been climbing all year. The northern cities have tight inventory and rising prices, some of the Sunbelt cities have the most inventory in many years, and some markets even have falling prices, too. Inventory is growing Lets start with supply. Inventory shrank every year for most of the decade.

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What real estate leaders need to know about the 2025 housing market

Housing Wire

Jessica Lautz, deputy chief economist and vice president of research at the National Association of Realtors and upcoming speaker at the Housing Economic Summit, sat down with HousingWires Senior Director of Events Brena Nath to answer a few questions on what she thinks is to come for real estate in 2025.

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The standoff between homebuyers and sellers

Housing Wire

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. million today.

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Spring housing market gets more inventory

Housing Wire

Active weekly housing inventory growth slowed slightly last week, but it’s still running at a healthier clip than in 2023. I have a simple model with mortgage rates being above 7.25%: weekly inventory data should grow between 11,000-17,000 per week. We have now seen it for two weeks as inventory grew by 13,247. 2022: 19.2%

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Cincinnati’s housing market in a word? Unpredictable

Housing Wire

Its a symptom of a market thats transitioning away from sellers. 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. Altos considers anything above 30 to be indicative of a seller’s market.

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Debunking the housing inventory myth in preparation for 2023

Housing Wire

Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for this year, along with a roundtable discussion on how these insights apply to your business. The event is exclusively for HW+ members , and you can go here to register.

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