Housing Wire

JANUARY 25, 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. economy has remained resilient, backed by a very strong labor market, sky-high job openings and low unemployment. Inventory What does that mean for housing?

Housing Market 435

Housing Market Marketing Inventory Sellers 435

Housing Wire

MARCH 15, 2024

Prospective homebuyers have more options to choose from in the housing market, which could help spur sales this spring. Inventory has been trending upward for the last two years despite persistently high mortgage rates, Mike Simonsen, president and founder of Altos Research , wrote on Monday. The typical home in the U.S.

New Listings 450

New Listings Inventory Home Value Contracts 450

Appraisal Buzz

SEPTEMBER 19, 2021

For the first time since January, home value appreciation slowed month over month in August. More accurately, the market has eased from “white hot to merely red hot,” as Zillow’s Nicole Bachaud puts it. The post Home Value Appreciation Slows appeared first on Appraisal Buzz.

Home Value 195

Home Value Inventory Appraisal Marketing 195

Housing Wire

DECEMBER 16, 2024

Home values are forecast to tick up 2.2% Zillow also reported that, after a tumultuous five years, many measures of the housing market are trending closer to historic norms. For-sale inventory is now about 26% below the norms of 2018 and 2019, the smallest shortfall since September 2020. million in 2025.

Housing Market 333

Housing Market Marketing New Listings Home Value 333

Housing Wire

JULY 29, 2022

A few months ago, the United States housing market failed Econ 101. The table also reports the year-over-year percent change in new listings for each market. Table 1: 10 Hottest Housing Markets out of the Top 250 Metro Areas, February 2022. Table 1: 10 Hottest Housing Markets out of the Top 250 Metro Areas, February 2022.

Housing Market 411

Housing Market Sellers Marketing New Listings 411

Appraisal Buzz

OCTOBER 3, 2024

“Sellers, especially those who are locked into a low rate, have been waiting for market conditions to change,” said Danielle Hale, Chief Economist, Realtor.com. The increase can be a sign that more homeowners are ready to jump into the market again and sell, or that the sentiment among homeowners is changing.

Marketing 418

Marketing New Listings Sellers Advertising 418

Housing Wire

OCTOBER 3, 2022

The average home price is down 2% ($8,800) from its June peak nationally as we enter the historically slower fall-winter homebuying season. The housing market has not seen such a significant two-month drop in prices since shortly after the collapse of Lehman Brothers in winter of 2008, Black Knight said on Monday. as of Sept.

Inventory 529

Inventory Home Value Housing Market Mortgage 529

Housing Wire

NOVEMBER 18, 2022

“The impact is greater in expensive areas of the country and in markets that witnessed significant home price gains in recent years.”. Both a pullback in demand and limited supply remain vexing problems for the housing market. Total housing inventory at the end of October was 1.22 Unsold inventory sits at a 3.3-month

Housing Market 406

Housing Market Marketing Inventory New Listings 406

Appraisal Buzz

JULY 16, 2024

homebuying season, Zillow’s latest monthly report finds that home listings are beginning to pile up as buyers step back from the peak of home shopping season earlier than usual. “A A growing segment of homes that aren’t competitively priced or well marketed are lingering on the market. since pre-pandemic times.

Home Value 397

Home Value Inventory Buyers Sellers 397

Housing Wire

SEPTEMBER 9, 2024

Miami stands as one of the most dynamic and valuable real estate markets in the United States. While not yet reaching the trillion-dollar mark, Miami ‘s total real estate value, including both residential and commercial properties, was estimated at approximately $650 billion as of 2023, according to the Miami Association of Realtors.

Real Estate 352

Real Estate Agents Marketing Real Estate Agent 352

Housing Wire

JULY 25, 2022

Rising interest rates and a slowing economy overall are already taking some of the air out of the rapid home-price appreciation the housing market has experience over the past year, according to the recently released Federal Reserve Beige Book for July. Freddie Mac projects that home-price growth will average 12.8%

Housing Market 418

Housing Market Marketing Supply Chain Real Estate 418

Appraisal Buzz

JUNE 12, 2024

Home sellers are returning to the market, but buyers are hesitant, according to a recent Zillow market report. Rate lock’s hold seems to be loosening—homeowners who may have put off listing their homes are done waiting. Home values are up from year-ago levels in 46 of the 50 largest metro areas.

Sellers 397

Sellers Buyers New Listings Home Value 397

Housing Wire

SEPTEMBER 27, 2023

That favors markets in the Northeast and Midwest, where prices are lower, and comes at the expense of markets in the West, where prices are higher, recently published data from Zillow suggest. Take the Zillow Home Value Index.

Home Value 371

Home Value Inventory Valuation Housing Market 371

Appraisal Buzz

AUGUST 14, 2024

markets that have the “it” factor, as Columbus, Ohio; Knoxville, Tennessee; and Louisville, Kentucky claimed the top three spots in terms of popularity with online searchers over the past year. Over the past 12 months, homes in Columbus attracted 0.9% A new report from Realtor.com examines the U.S. times the national level.

Housing Market 397

Housing Market Marketing Home Value Inventory 397

Appraisal Buzz

JUNE 13, 2024

Recent housing reports suggest that inventory is increasing and, as a result, home prices are starting to drop in certain areas, resulting in improved affordability. But which areas are most at risk of seeing their housing markets go into a downturn as a result of shifting market conditions? and Richmond, Va, metro areas.

Housing Market 366

Housing Market Marketing Home Value Inventory 366

Housing Wire

OCTOBER 18, 2024

As mortgage rates fluctuate based on decreasing housing inventory volume, the appraisal market is more volatile than ever in key areas such as urban and rural communities states like California and Texas. Jaro stands tall as the only end-to-end appraisal platform on the market. Career Institute.

Appraisal Process 372

Appraisal Process Appraisal Real Estate Inspection 372

Appraisal Buzz

JULY 10, 2024

VeroFORECAST evaluates home prices in over three hundred of the nation’s largest housing markets, and the company is committed to the data science of predicting home value based on rigorous analysis of the fundamentals and interrelationships of numerous economic, housing, and geographic variables pertaining to home values.

Home Value 390

Home Value Inventory Housing Market Buyers 390

Housing Wire

JANUARY 9, 2023

One slice of the single-family home market that has gained traction over the past year in a topsy-turvy housing landscape is the build-for-rent sector — or BFR. Both pose threats to access to capital, the cost of materials and labor, and future housing values.

Housing Market 545

Housing Market Marketing Construction Development 545

Real Estate News

JUNE 13, 2023

Home values are up, and so are bidding wars, according to the latest Zillow market data.

Inventory 233

Inventory Home Value Marketing 233

Appraisal Buzz

SEPTEMBER 16, 2024

According to Zillow’s most recent market report , reduced mortgage rates and more inventory are providing house buyers with a window of opportunity at an uncommon time of year. For one, it’s easier to qualify for more of the homes on the market now that mortgage rates are a bit lower. Inventory levels are -30.8%

Buyers 396

Buyers New Listings Inventory Home Value 396

Housing Wire

FEBRUARY 1, 2023

High interest rates, coupled with a still-low supply of housing, have created price hurtles that are keeping many first-time homebuyers and lower-income borrowers locked out of the housing market. So, while the rate of home-price gains is trending downward, home values are still appreciating overall.

Marketing 435

Marketing Government Mortgage Sellers 435

Housing Wire

JANUARY 18, 2023

Builders feel more confident in the market, housing inventory data is positive and buyer demand for mortgages has increased — but don’t be fooled. In addition, the credit rating agency expects mortgage rates to move even higher in 2023 and home prices to decline by up to 5%. “We

Housing Market 430

Housing Market Marketing Insurance Mortgage 430

Appraisal Buzz

AUGUST 5, 2024

housing market has surged to a record $11.5 trillion in June, rising home prices have driven mortgage holder equity to a new peak of $17.6 trillion in June, rising home prices have driven mortgage holder equity to a new peak of $17.6 of underlying home values, down from 44.6% year-over-year. An additional 4.2%

Home Value 397

Home Value Inventory Mortgage Lending 397

Housing Wire

APRIL 15, 2024

Competition in the housing market is heating up heading into May and June. Home prices are surging in major U.S. metros, with coastal California cities and Seattle leading the charge in monthly home value growth, according to Zillow’s newest market report. properties are spending minimal time on the market.

Housing Market 395

Housing Market Inventory Buyers New Listings 395

Housing Wire

JULY 6, 2022

Home price growth slowed in May, showing signs of a cooling housing market. But housing is the least affordable it has been since the mid-1980s as mortgage rates rise and home values soar, driven by low housing inventory, a new Black Knight report suggests. in May from a revised 20.4%

Inventory 361

Inventory Home Value Housing Market Mortgage 361

Housing Wire

SEPTEMBER 22, 2021

August marked a slowdown in the purchase market, with existing home sales dropping by 2%, according to a monthly report published by the National Association of Realtors. Completed purchase transactions of single-family homes, townhomes, condominiums and co-ops came in at a seasonally adjusted annual rate of 5.88

Inventory 382

Inventory Buyers Realtors Home Value 382

Appraisal Buzz

SEPTEMBER 10, 2024

With mortgage rates on the decline and housing supply ramping up, affordability is on the rise for many, Realtor.com’s latest market analysis found that much anticipated market relief is on the way, and many potential buyers are stepping off the sidelines. home value is presently $362,481, up 3.3% over the past year.

Inventory 397

Inventory Buyers New Listings Marketing 397

Housing Wire

DECEMBER 13, 2023

The housing market cheered as the Federal Reserve signaled interest rate cuts next year after making a series of rapid rate hikes starting in 2022. The 10-year Treasury yield hit a low of 4.007% following the Fed’s press conference, declining from 4.202% at market open on Wednesday.

Inventory 487

Inventory Housing Market Mortgage Law 487

Housing Wire

NOVEMBER 22, 2023

For the fourth consecutive month , homebuilder confidence sank in November, according to the National Association of Home Builders /Wells Fargo Housing Market Index published last week. Confidence rose in the Northeast to 53, signaling that builders there are slightly optimistic about market conditions. 2019 level. 2019 level.

Inventory 415

Inventory Home Value Housing Market Buyers 415

Housing Wire

NOVEMBER 18, 2024

For real estate agents, this economic reality can present both challenges and opportunities, and determine strategies in markets across the country. Home insurance premiums have climbed 45% from 2017 to 2022, contributing to a slowing sales market. inflation climbing to 2.6% Data from RentSpree and the U.S. Last year, 44.5

Real Estate 319

Real Estate Agents Real Estate Agent Marketing 319

Housing Wire

DECEMBER 1, 2022

Interest rates and inflation continued to dampen activity in the housing market across all 12 Federal Reserve districts, according to the Fed’s latest Beige Book. ” In the Dallas district, housing outlooks worsened, with those interviewed expecting “further erosion in sales and home starts in the near term.”

Housing Market 297

Housing Market Marketing Construction Inventory 297

Housing Wire

SEPTEMBER 9, 2021

“The net result for housing is that these low and stable rates allow consumers more time to find the homes they are looking to purchase,” Khater said. As rates change and the market shifts to a more purchase-driven origination environment, lenders need to carefully monitor margins and profitability. reached a record high, up 18.6%

Mortgage 489

Mortgage Valuation Home Value Inventory 489

Appraisal Buzz

JUNE 20, 2024

home , currently valued at $360,681, up 4.3% With so few available, buyers may have to wait even longer for the right home to hit the market, especially now that buyers can afford less. metropolitan areas, the typical home is affordable to a median-income household with less than 20% down. year-over-year.

Home Value 397

Home Value Buyers Housing Market Inventory 397

Appraisal Buzz

SEPTEMBER 5, 2024

The panel’s latest estimates of national home price growth are higher than last quarter’s expectations of 4.3% Terry Loebs , Founder of Pulsenomics, said: “Despite robust home value growth in the first half of 2024, our panelists anticipate a slowdown in price appreciation for the remainder of the year and beyond.

Construction 459

Construction Inventory Housing Market Contracts 459

Housing Wire

JANUARY 7, 2022

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. Still, Augusta home prices are not immune to national trends.

Housing Market 333

Housing Market Marketing Real Estate Agent Agents 333

Appraisal Buzz

OCTOBER 18, 2024

Powell at the conclusion of the Federal Open Market Committee (FOMC) meeting. Permits are a leading indicator of future starts, and they increased for the third consecutive month in September, a positive sign for a supply-starved housing market,” added Kushi. home value is $359,892, up 2.7%

Construction 418

Construction Housing Market Inventory Home Value 418

Housing Wire

SEPTEMBER 11, 2023

HousingWire: According to ATTOM Data Solutions‘ latest foreclosure market report, bank repossessions climbed 9% in the first half of 2023 compared to the first half of 2022. The good news for homeowners is that home values in most areas remain stable, and inventory levels for homebuyers are still low.

Inventory 385

Inventory Technology Design Tools 385