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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Inventory Housing Market Marketing Construction 449

Housing Wire

OCTOBER 23, 2024

While assessing the full scale of the damage could still take months, the short-term effects on the two state’s housing markets were immediately visible — the markets came to a complete halt. However, new listings snapped back sharply to 82 just a week later. 20, then bottomed out at 14 on Oct.

Housing Market 459

Housing Market New Listings Investors Buyers 459

Housing Wire

APRIL 16, 2024

As the market enters the peak homebuying season, last week’s above-consensus inflation figures brought the mortgage market back to a sour reality: The average 30-year fixed mortgage rate may be close to or above the 7% level for longer than previously expected. “As We saw a bounce in demand early in the year as rates fell.

Mortgage 449

Mortgage New Listings Investors Housing Market 449

Housing Wire

APRIL 25, 2024

“I called the listing agent and it was listed three hours ago, but it was sold,” the Cincinnati, Ohio -based eXp Realty agent said. “We There is no way you can stay on top of things unless you hire someone to watch new listings pop up every 10 minutes. We couldn’t even see it. It is so hard to compete with that.”

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Buyers Marketing Inventory Investors 459

Housing Wire

SEPTEMBER 25, 2024

housing market boomed. Here’s all the latest housing market data. New listings healthy There were 70,000 new listings unsold for single-family homes this week. In fact, this is the first time in three years that we’ve had a “normal” number of new listings. For years, the U.S.

Inventory 459

Inventory New Listings Sellers Contracts 459

Housing Wire

JANUARY 29, 2024

Most economists forecast mortgage rates to decline in 2024, stoking optimism about the housing market. According to the newest Bloomberg Markets Live Pulse Survey (MLIV Pulse), the rate on the 30-year fixed mortgage will fall to 5.5% The Federal Open Market Committee (FOMC) meets again on Tuesday and Wednesday.

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Mortgage Inventory Investors Housing Market 416

Housing Wire

APRIL 18, 2024

This is a byproduct of the qualified mortgage rule of 2010, which has been a game-changer not only for the housing market but for the overall U.S. million active listings per the last report, we have 526,000 per our last Housing Market Tracker article. This is never a good thing for housing.

Inventory 505

Inventory Housing Market New Listings Marketing 505

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.

Inventory 541

Inventory Housing Market New Listings Marketing 541

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. . As we can see below, the U.S.

Inventory 531

Inventory New Listings Housing Market Sellers 531

Housing Wire

SEPTEMBER 26, 2024

. “Partnering with Zillow helps us achieve that mission by providing the millions of everyday users on the Zillow platforms with the same property-specific climate risk data that is used by top banks, agencies and investors.” New listings in the Midwest hold the least amount of climate risk, according to Zillow.

Insurance 465

Insurance New Listings Buyers Tools 465

Housing Wire

NOVEMBER 18, 2022

On a positive note, however, the days on the market are no longer a teenager anymore: that metric grew from 18 days to 21 days. I cheer because the savagely unhealthy housing market theme I talked about back in February of this year was the same premise of the housing reset talking point the Federal Reserve uses.

Inventory 493

Inventory Marketing Housing Market New Listings 493

Housing Wire

NOVEMBER 16, 2023

On Thursday, investors priced in a 99.7% 16, according to Freddie Mac ‘s Primary Mortgage Market Survey. For those homebuyers who can wait, the spring will bring more new listings and lower mortgage rates. Mortgage rates fell this week as the October inflation report drove down the yield on the 10-year Treasury.

Mortgage 483

Mortgage New Listings Tools Inventory 483

Housing Wire

JUNE 7, 2022

That’s according to Black Knight , which just released a white paper that studies how long it would take to sell all the homes currently listed for sale in a given market based on a prevailing sales rate, if no new listings are added (a metric it calls “months of remaining inventory”).

Inventory 450

Inventory Housing Market Investors Sellers 450

Housing Wire

JUNE 17, 2021

And 54% of homes sold above their asking price in May — another a record high, up from 26% a year ago, according to a new report from Redfin. The report also shows the housing market also set new records for home-selling speeds and competition, although seasonally adjusted home sales and new listings flattened from April.

Housing Market 535

Housing Market New Listings Sellers Buyers 535

Housing Wire

JANUARY 19, 2024

Something notable about this report: Total active listings as the NAR tracks them almost broke under 1 million again. Our housing market tracker counts weekly active single-family listings, those homes that aren’t in the contract, and the raw available number of homes for sale.

Housing Market 491

Housing Market Inventory Contracts Marketing 491

Housing Wire

SEPTEMBER 30, 2024

I think we’ll see investors in the big markets like Central Florida and Texas looking to unload some underperforming assets. Next week, I’m looking for declines in inventory and new listings in Florida, Tennessee, Georgia, and North Carolina. Hurricane Helene disrupted a big chunk of the country.

Mortgage 461

Mortgage Contracts Inventory New Listings 461

Housing Wire

JULY 7, 2022

It was no surprise that affordability hit the top of the list in every interview. Black Knight reported that May was the least affordable housing market in 16 years. For the first time in three years, we have seen an increase in homes on the market and price reductions. Institutional Investors.

Inventory 420

Inventory Marketing Mortgage Supply Chain 420

Housing Wire

JULY 28, 2023

New listings of starter homes dropped 23% from a year earlier in June, the biggest drop since the start of the pandemic, the report found. Meanwhile, the total number of starter homes on the market is down 15%, also the biggest drop since the start of the pandemic. “The Average mortgage rates hit 6.7% in June, up from 5.5%

Buyers 370

Buyers Housing Market Investors Real Estate 370

Housing Wire

JULY 20, 2023

The savagely unhealthy housing market continues as existing home sales are near record lows, and the days on the market are still at a teenager level, with home prices rising in 2023. Ladies and gentlemen, this was the fear and now the reality of the savagely unhealthy housing market. million, down 13.6%

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Marketing Housing Market Inventory New Listings 369

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%.

Inventory 483

Inventory Housing Market New Listings Mortgage 483

Housing Wire

APRIL 20, 2023

We have a workable range for 2023 sales in the existing home sales market between 4 million and 4.6 If we are trending below 4 million — a possibility with new listing data trending at all-time lows — then we have much weaker demand than people think. Now if we get a few sales prints above 4.6 from March 2022 ($379,300).

Inventory 531

Inventory Housing Market Marketing New Listings 531

Housing Wire

AUGUST 30, 2022

While the growth rate is cooling monthly, we are still in a savagely unhhealthy housing market trying to get national inventory levels back to pre-COVID-19 levels. From the index : I know it seems strange, but existing home sales are falling, and the monthly supply of new homes is at 10.9 New listings are declining now.

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Inventory New Listings Law Housing Market 398

Housing Wire

FEBRUARY 23, 2023

“The economy continues to show strength, and interest rates are repricing to account for the stronger than expected growth, tight labor market and the threat of sticky inflation,” said Sam Khater, Freddie Mac ’s chief economist. Even before these data were released, minutes from the Jan.

Mortgage 398

Mortgage New Listings Housing Market Buyers 398

Housing Wire

OCTOBER 21, 2022

Earlier in the year, I labeled this a savagely unhealthy housing market based on the premise that Inventory would break to all-time lows, creating forced bidding and causing days on the market to collapse. My premise in the summer of 2020 was that a 10-year yield above 1.94% could change the housing market.

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Housing Market Inventory New Listings Mortgage 306

Housing Wire

AUGUST 7, 2023

It was at this point in 2022 when new listings started plummeting each week. In September, even though new sellers were few, buyers were even fewer, so inventory rose. Through July, new listings volume each week was in the normal range as in previous years. Suddenly new listings volume dropped each week.

Inventory 357

Inventory New Listings Contracts Sellers 357

Will Springer Realtor

JANUARY 9, 2024

This should have sparked the fading embers of an otherwise chilly housing market in Seattle/King County in the final days of 2023. The 802 new listings in December was a low not seen since records were archived online from 1990. Ho, ho, ho … and oh my! Condo prices inched up 0.4% rise and a 6.2% in King but down 2.1%

Housing Market 64

Housing Market Marketing Inventory Lending 64

Will Springer Realtor

DECEMBER 12, 2023

The Seattle area housing market right now reads like a mystery novel with half the pages missing. The Eastside led the way with a 33% drop-off in new listings (420) and Seattle fell 31% (586). By comparison, there were exactly 2900 new listings across our county in November 20 years ago. higher YoY.

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Housing Market Marketing New Listings Buyers 44

Housing Wire

FEBRUARY 23, 2024

Our data lines here at Housing — which track things weekly — show inventory is growing year over year with new listings growth as well. This is the timeframe where seasonality kicks in for both to go lower and it will be interesting to see where inventory goes this year with the NAR data. million in January.

Inventory 493

Inventory Mortgage New Listings Marketing 493

Will Springer Realtor

APRIL 11, 2023

That’s not saying much since the housing market has mostly been in hibernation during the fall/winter months. Pending sales are one of our favorite housing market data points – along with the number of mortgage applications and new listings – to track buyer intent and market intensity.

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Housing Market Marketing Buyers Sellers 36

Empire Appraisal Group

AUGUST 3, 2023

Hurricanes present unique housing market events. Their immediate impact on the local real estate market is harsh, but investors often rush in and the number of real estate transactions bounces back and often increases. Put another way, the metro area had a net gain of 415 more new listings. Bokhari says.

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Real Estate New Listings Real Estate Agent Insurance 78

Listing Spark

OCTOBER 13, 2022

Is that the case for all major Texas housing markets? What should they expect in this housing market? We’ll dive into the state of the Texas real estate market with Real Estate Real Fast host Aaron Jistel. 00:02:50] Peaking into the Fall 2022 Austin housing market. Episode highlights. Key takeaways.

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Housing Market Real Estate Marketing Buyers 36

Will Springer Realtor

OCTOBER 11, 2022

Seriously though, there must be a ceiling to rising rates that have all but extinguished a robust housing market. While investors of mortgaged securities help dictate their interest rates, the Federal Reserve is behind the scenes influencing the overall lending environment. OCTOBER HOUSING UPDATE.

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Housing Market Marketing Real Estate Buyers 36

Housing Wire

JULY 17, 2023

housing market could have a soft landing in 2023. The market was roaring — way too hot — with bidding wars, speculators and investors who thought they couldn’t lose. Last year if you listed your home in July, you priced at a discount because there were no buyers. This is what a balanced housing market looks like.

Real Estate 358

Real Estate Marketing Inventory Contracts 358

Will Springer Realtor

AUGUST 13, 2024

The summer housing market slowdown is in full swing as vacations and Olympics TV viewing grab the attention of Americans rather than the pursuit of buying or selling a home in King County. The housing market feels like it’s in a slump, despite a slight monthly increase in sales across the county. existing home sales.

Buyers 54

Buyers Investors Sellers Inventory 54

Will Springer Realtor

AUGUST 15, 2023

The season has been shaped by slumping new listings, a slowly climbing number of homes sitting on the market from previous months, fewer closed sales compared to last year and prices moving plus/minus five percentage points year-on-year (YoY). monthly decline in available Seattle listings (793). on the Eastside.

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Sellers Buyers New Listings Inventory 62

Lamacchia Realty

JULY 25, 2023

Despite this, there is still a sufficient number of serious buyers in the market and these buyers are keeping the market competitive. Specifically in South Florida, there is an increased demand for homes in the area with the prevalence of cash buyers, overseas buyers/investors, snowbirds, those looking for more favorable taxes, etc.

Sellers 56

Sellers Buyers Real Estate Inventory 56

Will Springer Realtor

NOVEMBER 9, 2022

The housing market in and around King County was moving along swimmingly at the start of 2022, with homes selling briskly and buyers taking advantage of interest rates in the 3s. and jump in mortgage rates of 4 percentage points has created a housing market belly flop. We are in a new phase of the housing market cycle.

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New Listings Housing Market Inventory Buyers 36