Housing Wire

DECEMBER 23, 2023

housing market and that they need to be pro-housing again. Even with all the drama we have dealt with in 2022-2023, the housing market stayed intact and never broke. We never saw the Airbnb crash that dominated some of the housing headlines in 2023. Weekly inventory change : (Dec.15-22)

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Housing Market Marketing Inventory New Listings 519

Housing Wire

DECEMBER 21, 2024

Federal Reserve Chairman Jerome Powell played the Grinch last week for the housing market, sending mortgage rates higher after his remarks at the Fed presser on Wednesday. Weekly pending sales The latest weekly pending contract data from Altos Research offers an exciting glimpse into the real-time dynamics of housing demand.

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Housing Market Marketing Inventory New Listings 436

Housing Wire

NOVEMBER 18, 2024

What will the housing market look like in 2025? We already see many signals for what to expect, including last week’s data on inventory , new listings and price reductions, which I analyze below. For a more comprehensive look, read our 2025 Housing Market Forecast covering home prices, home sales volumes and more.

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Housing Market New Listings Marketing Inventory 442

Housing Wire

JANUARY 2, 2024

real estate market is in and it may surprise you, but pretty much all the signals for housing in 2024 are pointing for growth now. Inventory is slowly but steadily increasing over last year, which means slightly more options for buyers this spring. Each week sellers are easing back into the market a little more than last year.

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Housing Market Marketing Inventory Contracts 530

Housing Wire

DECEMBER 9, 2024

Weve now been in the post-pandemic housing market recession market as long as we were in the pandemic boom. Does the housing market start to get back to normal? We know inventory has been climbing all year. We know inventory has been climbing all year. But, the market change isnt evenly distributed.

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Housing Market Marketing Inventory Sellers 416

Appraisal Buzz

DECEMBER 10, 2024

Realtor.com has revealed its Top Housing Markets for 2025 , highlighting the areas ready for growth in the year ahead. Sun Belt Boom Realtor.coms top 10 are all located in the South and West, with multiple markets from three statesTexas, Florida, and Virginia. of their income on housinghigher than the national average of 29.2%.

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Housing Market Marketing Inventory Government 418

Housing Wire

JANUARY 1, 2024

The 2023 housing market faced one of the same roadblocks we saw in 2022: mortgage rates were too high for home sales growth. Now that we’re in 2024, the Federal Reserve ‘s rate hike cycle is over, so let’s look at what that means for housing demand and home prices. Let’s look at that dynamic.

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Housing Market Marketing New Listings Construction 527

Housing Wire

JULY 6, 2024

Now that we are halfway through the year, we can see that active inventory in America is growing, unlike what happened in 2023. This is precisely what the doctor ordered for the housing market. Let’s take a half-time look at the inventory levels in America today. have higher inventory data than the national data.

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Housing Market Mortgage Inventory Marketing 465

Housing Wire

DECEMBER 16, 2024

The COVID-19 pandemic turned a number of nontraditional cities into housing market hotspots. While some of those markets have since seen a reversal of fortunes, 2025 may bring a few more surprises. Locked-in mortgages have been widely credited with cutting off housing inventory.

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Housing Market Marketing Inventory Realtors 392

Housing Wire

JULY 15, 2024

If we look at the housing market right now, sales are down, new listings are down and prices are decelerating. Good inflation data came in last week, the bond market rallied and mortgage rates took a notable dip below 7% for the first time in months. If so, how should we expect the housing market to react?

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Housing Market New Listings Marketing Mortgage 486

Housing Wire

DECEMBER 17, 2024

Its hard to imagine something more disruptive to a housing market than a hurricane. 9, housing markets in the Tampa area came to a complete halt as sellers took their homes off the market. 9, housing markets in the Tampa area came to a complete halt as sellers took their homes off the market.

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Housing Market Marketing New Listings Real Estate Agent 355

Housing Wire

AUGUST 26, 2024

Unsold inventory in the two biggest housing markets in the country, Texas and Florida, declined this week. Inventory seems to have peaked for the season and is slowly inching down. This probably reflects seller discouragement in a low-demand market, pulling their listings to wait until next year.

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Inventory Marketing Sellers New Listings 407

Housing Wire

DECEMBER 20, 2024

Despite 2025 housing market predictions changing fast , there are still key themes and trends for real estate leaders to watch to best serve their clients and business. I do not think this trend will go away overnight, even with mortgage rate stability and new inventory in the market.

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Real Estate Housing Market Marketing Realtors 365

Housing Wire

MARCH 2, 2024

The mortgage rate lockdown premise says that if rates rise, inventory can’t grow meaningfully. Let’s take a look at the inventory data this year to test this premise, since for many months it has been a working theory of mine that new listings data behavior last year marked a bottom and even going into 2024 we should see more sellers.

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Inventory Mortgage New Listings Housing Market 534

Housing Wire

DECEMBER 21, 2024

Relatively cheap housing, low taxes, looser COVID-19 restrictions and an influx of major employers turned Texas housing markets into hotspots after the pandemic began in March 2020. One doesnt have to wade through the weeds of housing market data to figure out why. Inventory growth peaked at a shocking 345.8%

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Housing Market Inventory Marketing Technology 393

Housing Wire

DECEMBER 30, 2024

Rising housing inventory levels in 2024 may not be the positive sign of market health that they appear to be. High inventory levels contribute to another problem as active listings are remaining unsold for longer periods. The report focuses on homes that were on the market for at least 60 days at end of the month.

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Inventory Sellers Housing Market Contracts 425

Housing Wire

OCTOBER 4, 2024

The HousingWire Pulse Survey for Q4 2024 provides valuable insights into the current state of the real estate market from various perspectives: brokerage leaders, mortgage professionals, and real estate agents. This diversity allows for a comprehensive understanding of the market dynamics. Lender stability : 8% expressed concerns here.

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Real Estate Housing Market Real Estate Agent Marketing 434

Housing Wire

DECEMBER 19, 2024

The COVID-19 pandemic turned previously sleepy cities into boomtowns.Expanded or permanent work-from-home policies gave people more flexibility in where to live, and those in uber-expensive markets like San Francisco and Manhattan took advantage by moving to areas where they could get more space for less money.

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Inventory Valuation Housing Market Marketing 462

Housing Wire

SEPTEMBER 12, 2024

That’s according to a Zillow report released Thursday in which the Seattle -based real estate company said that “lower mortgage rates and rising inventory are giving home buyers a window of opportunity at an unusual time of year.“ Beyond that, more inventory is becoming available — enough to improve buyer negotiating power.

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Housing Market Marketing Inventory Buyers 476

Housing Wire

JULY 20, 2024

We finally have six weeks of numbers that hit my housing inventory growth model perfectly in 2024. Last year, with higher mortgage rates , we had zero weeks at this level so I am now giving 2024 inventory growth a grade of A. have higher inventory than the national data.

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Inventory New Listings Contracts Mortgage 521

Housing Wire

OCTOBER 7, 2024

Ironically, a strong employment situation in the country drives the bond market to higher rates. The purchase market is slower to respond, and the data now is still showing the positive impact of lower rates of recent weeks. The median price of all the homes on the market is now $440,000, that’s unchanged from last year.

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Housing Market Marketing Mortgage Contracts 438

Housing Wire

MARCH 4, 2024

And as a result, as inventory builds , the sales growth trend shows signs of slowing. We know that these higher mortgage rates are deterring buyers, and inventory is building. Will higher rates keep a cap on inventory like it did a year ago? Inventory is up in lock step. We’re at 19% year over year inventory gains now.

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Inventory Sellers Buyers Real Estate 490

Housing Wire

DECEMBER 30, 2024

“Despite higher mortgage rates in November and persistent affordability challengers, buyers took advantage of more inventory as pending home sales reached the highest level in nearly two years. ” Housing industry experts attribute the recent increases in pending home sales to a shift in buyer attitudes about mortgage rates. .”

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Inventory Buyers Housing Market Mortgage 383

Housing Wire

DECEMBER 10, 2024

The housing market got some much needed relief in the fall when mortgage rates began to drop, but it was short lived. The turbulence in rates has trickled down to individual markets like Cincinnati, where real estate agents say they dont know what to expect from sale to sale. It’s just become a more common theme.

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Housing Market Marketing New Listings Sellers 352

Housing Wire

MAY 28, 2024

It’s the end of May and unsold inventory on the market is increasing across the U.S. Every state in the country has more homes on the market now than a year ago and, in many places, new construction is being completed and added to inventory, so it’s not just resale inventory that’s growing.

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Inventory New Listings Contracts Sellers 515

Housing Wire

AUGUST 29, 2024

Unsold inventory of homes on the market has been climbing in the U.S. In general, inventory rises with rates because more expensive money slows demand. When demand slows, inventory grows. According to Altos Research , there are 40% more homes on the market at the end of August 2024 than there were last year at this time.

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Inventory Real Estate Housing Market Construction 479

Housing Wire

SEPTEMBER 1, 2024

Have we seen the peak in housing inventory for 2024? The best part about 2024 has been that higher mortgage rates have created an inventory buffer, so if the economy gets softer and rates fall, we have many more homes to work with than we had in 2020-2023. Weekly inventory change (Aug. Weekly inventory change (Aug.

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Inventory Mortgage New Listings Housing Market 506

Housing Wire

MARCH 11, 2024

Last fall when people were still expecting mortgage rates to be falling this year, it was common to assume rates would be in the low 6s or 5s this year and people asked me if lower rates would bring a flood of inventory. The only way inventory would grow in 2024 is if mortgage rates climbed. But the evidence is the opposite.

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Inventory Sellers New Listings Real Estate 513

Appraisal Buzz

SEPTEMBER 20, 2024

housing market is experiencing significant variability, with some cities seeing homes fly off the market while others are witnessing prolonged delays. As of July 2024, the average home spends 35 days on the market, but this figure varies widely depending on the location. The city’s 104.1% above asking price. Wichita’s 4.9%

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Housing Market Marketing Inventory Buyers 415

Housing Wire

APRIL 1, 2024

But now sellers are coming back into the market. Total available inventory is gradually climbing about 1% per week — last year it was still declining in April. As we roll into the second quarter, we should have accelerating inventory growth each week. The immediate sales don’t add to active inventory , they’re already pending.

Inventory 487

Inventory New Listings Contracts Sellers 487

Housing Wire

JANUARY 28, 2024

Weekly housing inventory data Here is a look at last week: Weekly inventory change (Jan. 19-26) : Inventory fell from 506,414 to 503,233 Same week last year (Jan. Weekly housing inventory data Here is a look at last week: Weekly inventory change (Jan. So, inventory falling looks normal.

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Inventory New Listings Mortgage Marketing 523

Housing Wire

JANUARY 7, 2025

Across the board, mortgage and real estate respondents to the HousingWire Pulse Q1 2025 survey say the housing market will be flat for the first three months of 2025. HousingWire experts are forecasting a more positive outlook for this year’s housing market in their recent 2025 Housing Market Forecast: The Path to Recovery.

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Housing Market Real Estate Agent Marketing Real Estate 307

Appraisal Buzz

NOVEMBER 26, 2024

Zillow anticipates a more active housing market with more buyers obtaining the upper hand in 2025. More inventory should shake loose in 2025, giving buyers a bit more room to breathe.” As the market gradually recovers, 2025 should bring more sales and relatively moderate increases in property values. Zillow predicts 4.3

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Housing Market Tenants Marketing Mortgage 396

Housing Wire

DECEMBER 16, 2024

Zillow also reported that, after a tumultuous five years, many measures of the housing market are trending closer to historic norms. Notably, while the flow of new listings to the market is still nearly 14% lower than it was before the COVID-19 pandemic, its much improved to compared to the deficit of 25% in March 2024.

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Housing Market Marketing New Listings Home Value 366

Housing Wire

FEBRUARY 4, 2024

How will mortgage rates impact seasonal inventory in 2024? In the last four years, we have had abnormal seasonal inventory data, meaning that the spring inventory bottom happens later in the year. This is due to demand rising late in one year, pushing through the early part of the next year and preventing inventory growth.

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Inventory Mortgage New Listings Housing Market 503

Housing Wire

MAY 8, 2024

Housing credit channels directly impact housing inventory channels. Home prices escalated out of control after 2020 and when we look at why that happened, we can see that housing credit mattered more to inventory data than most people realize. NAR Active Inventory Data, traditionally between 2-2.5

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Inventory Law New Listings Sellers 463

Appraisal Buzz

DECEMBER 16, 2024

As Baby Boomers age out of their homes, will it help create enough inventory to boost the housing market? As per a recent report from Zillow , it all depends on the specific housing market. So, as a result, the increase in inventory from a silver tsunami might not help that much. Among the 50 largest U.S.

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Housing Market Marketing Inventory Appraisal 370