Housing Wire

JANUARY 19, 2023

While home prices have started to inch down, more inventory is needed for a balanced housing market, the Federal Reserve Beige Book said. Housing markets continued to weaken, with sales and construction declining across [all 12 Federal Reserve] districts,” according to the Federal Reserve Beige Book released on Wednesday.

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Housing Wire

FEBRUARY 6, 2023

Despite mortgage rates briefly falling below the 6% threshold, both housing inventory and mortgage demand fell last week. Let’s dive into the trend lines of the housing market. The show-me part of the housing market starts with this bounce from an extreme bottom. Weekly inventory change (Jan.

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Housing Wire

SEPTEMBER 12, 2024

real estate scene with its rapid growth and increasing appeal to homebuyers. 4, 2024, Altos Research reports 1,530 active listings for houses and 791 active listings for condos in Charlotte. This inventory has only fueled competition among the city’s real estate professionals. As of Sept. Click Here

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Housing Wire

MAY 27, 2021

A real estate agent at Compass Florida in Coconut Grove, Schechter has 12 years of experience in the real estate industry, so he’s familiar with its cyclical ups and downs. But today’s housing market has forced him to pivot to remain successful. This market is like nothing we’ve ever seen,” he said.

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Housing Wire

DECEMBER 3, 2020

Even prior to the pandemic , housing inventory had hit record lows, and the problem has only gotten worse as demand continues to rise. Total home sales are outpacing new listings by a wide margin every month, and real estate tech company Homesnap foresees the shortage continuing in 2021 unless more sellers enter the market.

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Inventory Housing Market Marketing New Listings 546

Housing Wire

MARCH 30, 2023

But while rates have dropped, the housing market has continued to be challenged by low inventory levels. Altos Research data shows that the weekly inventory fell from 414,278 on March 17 to 413,169 on March 24. ” Surging rates ahead?

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Housing Wire

MARCH 2, 2023

Nationwide, pre-pandemic the first week of February typically marks the lowest point for housing inventory during the year, as sellers return to the market in time for spring, but since the onset of the pandemic this predictable trend has been thrown out the window. “

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Real Estate Agent Inventory Real Estate Agents 420

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. As of right now the housing market is growing.

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Housing Market Marketing Inventory Contracts 531

Housing Wire

APRIL 16, 2021

Single-family housing starts rose 15.3% That’s up 37% from a year ago, but it’s important to take into account that the COVID-19 virus first took hold of the housing market in March 2020, said Doug Duncan, chief economist at Fannie Mae. That’s depleting inventory across the country. from February.

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Housing Wire

JUNE 18, 2024

I’ve been highly tuned in looking for signals that the housing market is slowing. By now everyone knows that unsold inventory of homes on the market is climbing. But is that unsold inventory surging? No need to fear, a housing market crash is not imminent. Higher rates lead to more inventory.

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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.” According to Zillow’s market heat index, 13 major metro regions are buyers markets right now, with the majority of them in the Southeast.

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Housing Wire

FEBRUARY 23, 2024

Although the Greater Boston area may still be plagued by persistently chilly temperatures, its housing market is still red-hot. According to data from Altos Research , the Boston-Cambridge-Quincy, MA-NH metropolitan area was the hottest housing market nationwide as of Feb. We’ve got this total rate-lock event.”

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Appraisal Buzz

NOVEMBER 25, 2024

Zillow is predicting a more active housing market in 2025 , but those hoping to buy — or even refinance — should buckle up for a bumpy ride and be ready to move when conditions are right. More inventory should shake loose in 2025, giving buyers a bit more room to breathe.

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Housing Market Marketing Buyers Construction 365

Appraisal Buzz

AUGUST 8, 2024

The Single-Family Rental (SFR) inventory and days-on-market continue to climb gradually, according to HouseCanary, Inc. ‘s As a result, and in line with earlier data, the steady increase in days-on-market and inventory levels, along with the continued demand for rentals as an alternative to house ownership, led to a minor 2.3%

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Housing Wire

NOVEMBER 18, 2024

in October—fueled by rising housing and insurance costs—and mortgage rates having edged back above 7%, homeownership remains a distant goal for many living in the U.S. For real estate agents, this economic reality can present both challenges and opportunities, and determine strategies in markets across the country.

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Real Estate Agents Real Estate Agent Marketing 398

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. These two trends are keeping a cap on inventory for the rest of the year, especially compared to last year. That’s a notch of 2.5%

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Housing Wire

JULY 1, 2024

Driven by Americans’ desire for affordability, more space and a “slower pace of life,” housing supply in suburbs and exurbs is growing faster than in major cities. That’s the key takeaway from a report released Monday by StorageCafe , an affiliate of real estate data provider Yardi , which analyzed U.S.

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Inventory Housing Market Real Estate Marketing 450

Housing Wire

OCTOBER 26, 2024

Since mid-2022 when mortgage rates headed higher , two facts have been apparent: new listings data has been trending at the lowest levels ever recorded in history and inventory has been able to grow from record low levels thanks to mortgage rates staying elevated. As you can see, we have made progress in inventory growth year after year.

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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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Housing Wire

JULY 26, 2024

The HousingWire Pulse Survey for Q3 2024 provides a detailed snapshot of current housing market sentiments and challenges faced by real estate agents, brokers, and mortgage professionals. While not rated, relationship-building with real estate agents is crucial, especially in light of changes to MLS compensation policies.

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Housing Market Real Estate Agent Marketing Training 483

Housing Wire

DECEMBER 30, 2023

Going into 2023, people thought housing inventory would skyrocket, home prices would crash, and we would see the housing market of 2008 all over again. We created this weekly tracker at the end of 2022 to give people a live weekly outlook on everything that drives the housing market and which factors to follow.

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Inventory New Listings Housing Market Mortgage 521

Housing Wire

JANUARY 22, 2024

For several weeks, I’ve been reporting data that shows the housing market growing in 2024. It’s always dangerous to blame the weather for any economic slowdown, but a quick look at the state level data shows that in general the coastal real estate market continued the trends of recent weeks, but much of the Midwest for example did not.

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Housing Wire

SEPTEMBER 19, 2024

Real estate agents have white-knuckled their way through more than two years of suffocatingly high mortgage rates that have stymied sales, choked off inventory and pushed home prices to new all-time highs. But the one component of the CPI that remains stubbornly high is housing costs, which makes up a third of the index.

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Real Estate Agent Real Estate Agents Buyers 511

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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Inventory New Listings Sellers Contracts 483

Housing Wire

SEPTEMBER 5, 2024

How do some firms grow regardless of the housing market dynamics? Access your growth playbook From the pandemic-fueled frenzy to the sobering reality of a post-pandemic slowdown,, real estate brokerages were locked in a relentless quest for growth—eager to expand market share while trimming operational fat.

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Real Estate Brokerage Agents Inventory 432

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.“ Inventory growth has slowed, the company noted, but with about 1.18 29 to Oct.

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Housing Market Marketing Inventory Buyers 483

Housing Wire

JULY 8, 2024

Nationally, the housing market indicators have been slow for several months now. There have been a few markets; however, that have defied the national trends where inventory has stayed tighter and demand keeps rolling in. Available inventory of unsold homes in the U.S. Inventory is rising everywhere in the country.

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Inventory Contracts Sellers New Listings 483

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 New Listings Sellers Real Estate 516

Housing Wire

APRIL 5, 2024

As of March 29, the San Francisco-Oakland-Fremont metropolitan area was the fourth-hottest housing market in the country. The Bay Area metro had a 90-day average Market Action Index score of 61.19, according to data from Altos Research. Altos considers anything above a Market Action Index of 30 to be a seller’s market.

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Housing Market Marketing Inventory Agents 461

Housing Wire

OCTOBER 21, 2024

real estate market is marked by contradictions that are leaving many confused. Mortgage rates, rental patterns, homeownership dreams, and housing trends across the country are all seemingly colliding in ways that create both opportunities and uncertainties. As 2025 approaches, the U.S. reflect a growing divide.

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Housing Wire

OCTOBER 8, 2024

As the housing market fluctuates, inventory levels are a critical factor for builders, developers and buyers. While low inventory might seem like a challenge, especially for buyers, it presents a unique opportunity for builders. In markets with low inventory and strong demand, the situation is different.

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Inventory Supply Chain Buyers Development 435

Housing Wire

AUGUST 19, 2024

Unsold inventory of homes for sale has been on the rise all year. It hasn’t turned the corner yet — inventory rose across the country this week — but at less than 1% rate. There are some signs that inventory growth is slowing with newly lower mortgage rates and the end of the summer. Texas inventory grew by 1.5%

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Inventory New Listings Sellers Buyers 429

Housing Wire

JULY 29, 2024

Any sales growth momentum in the real estate market we might have had early in the year is gone. I wonder whether the 2024 housing market is beyond saving? housing market at the end of July 2024. Inventory continues to climb each week, which is normal for late July. That’s up 1.3%

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Housing Market Marketing Inventory New Listings 455

Housing Wire

SEPTEMBER 24, 2024

People seeking more space to accommodate working from home led to a minor outflow of residents that put the housing market on pause. The current market has largely normalized and is experiencing a pause for the same reasons as many other markets across the country. Most of the suburbs have been really hot.

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Housing Market Marketing Property Taxes Inventory 460

Housing Wire

NOVEMBER 20, 2023

Last week, I asserted that housing inventory growth had finished for the year. This week, the available inventory of unsold single-family homes crept up minimally. It looks like this is evidence that housing markets are returning to normal rather than a case of sellers panicking, but it’s worth keeping an eye on.

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Inventory New Listings Housing Market Sellers 477

Appraisal Buzz

JULY 30, 2024

A new report from New Western, a national real estate investment marketplace, indicates that local real estate investors are poised to outperform traditional builders in several key markets. below the median sales price, contributing significantly to the local housing inventory.

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Housing Wire

JULY 29, 2024

Warmer summer weather has brought cooler housing market conditions to Montana. The market right now just feels like it’s a bit lukewarm,” said Brian Huskey , a Billings, Montana-based ERA American Real Estate agent. For properties priced around $2.835 million, the Market Action Index score has dropped to 29.74

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Housing Market Marketing Real Estate Agent Inventory 444