Housing Wire

APRIL 20, 2023

months’ worth of housing inventory in the U.S. NAR: First-time buyers were responsible for 28% of sales in March; Individual investors purchased 17% of homes; All-cash sales accounted for 27% of transactions; Distressed sales represented 1% of sales; Properties typically remained on the market for 29 days. We only have 2.6

Inventory 531

Inventory Housing Market Marketing New Listings 531

Housing Wire

MAY 31, 2024

A new report from the Government Accountability Office (GAO) concluded that while institutional investors may have contributed to rising home prices since 2009, the actual impact they have had on homeownership opportunities is more difficult to assess.

Investors 465

Investors Inventory Government Construction 465

Housing Wire

MARCH 26, 2024

Still, despite the gloomy news of late for SFR and fix-and-flip investors, some industry experts see better fortunes ahead in 2024 for both sectors. “We In addition, any reprieve in the housing inventory shortage created by more multifamily units hitting the market is expected to be short-lived.

Investors 482

Investors Marketing Inventory Real Estate 482

Housing Wire

NOVEMBER 21, 2024

The worst of the downturn in home sales could be over, with increasing inventory leading to more transactions,” NAR chief economist Lawrence Yun said in a statement. Agents and consumers also have reason to celebrate due to rising inventory levels. Inventory was up 19.1% This also was a 2.9% from September and totaled 1.37

Inventory 370

Inventory Home Improvement Realtors Real Estate 370

Housing Wire

JANUARY 20, 2023

On Friday NAR reported that total housing inventory levels broke under 1 million in December, dropping to 970,00 units for a population of 330 million people. million in January down to about 4 million in December, We now have total inventory levels near all-time lows again. Unsold inventory sits at a 2.9-month months in Nov.

Inventory 541

Inventory Housing Market New Listings Marketing 541

Housing Wire

JUNE 7, 2022

So few single-family homes are for sale in America that just two months of inventory is available across the top 100 metro areas in the country, a historic low. In Dallas, listings under $2 million have less than three months of inventory. Historically, it took these thin markets anywhere from six to 12 months to sell listed inventory.

Inventory 448

Inventory Housing Market Investors Sellers 448

Housing Wire

SEPTEMBER 25, 2024

Despite all the external factors cooling down overall home sales – high interest rates, less spending power among residents, lack of inventory— real estate transactions are still hot in certain key areas. In Florida, new housing inventory has not grown significantly: the number of newly listed homes stands at 43,081, an 8.8%

Investors 448

Investors Construction Real Estate Inventory 448

Housing Wire

OCTOBER 18, 2024

“We have an investor who won’t do any deals in Florida or near major bodies of water.” ” A combination of soaring insurance rates and new regulations on condo association reserves and building maintenance work has created a surge in condo inventory in Florida.

Marketing 524

Marketing Mortgage Finance Lending 524

Housing Wire

AUGUST 7, 2024

Single-family rental (SFR) investors are worried about the rising cost of home insurance, but the majority expect to buy more properties in the next year as mortgage rates cool and home-price growth subsides. Since it can’t be delivered by the builders , these small investors are really filling that gap by finding this vacant inventory.”

Investors 459

Investors Real Estate Insurance Landlords 459

Housing Wire

DECEMBER 9, 2024

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.

Housing Market 418

Housing Market Marketing Inventory Sellers 418

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. Mortgage rates declined for the third consecutive week, sparking hope for a good homebuyers’ spring season.

Inventory 526

Inventory Housing Market Marketing Mortgage 526

Housing Wire

MAY 26, 2022

It’s an excellent time to discuss housing inventory. How can housing inventory be so low today when it skyrocketed back in 2009? As you can see below, the inventory keeps falling from 2014 levels, and even with the weakness in demand this year, we are nowhere close to 2013 levels, let alone 2018 levels. What is going on here?

Inventory 526

Inventory Housing Market Construction Marketing 526

Housing Wire

JULY 22, 2021

You can thank a rise in housing inventory for the gains. million in June 2020 as housing inventory has slowly improved in recent months. Total housing inventory at the end of June amounted to 1.25 from May’s inventory and down 18.8% ” Unsold housing inventory sits at a 2.6-month Sales climbed 22.9%

Inventory 508

Inventory Buyers Realtors Construction 508

Housing Wire

JULY 6, 2023

It boils down to two factors, according to housing-industry experts: a lack of housing inventory , or supply; and high demand for that limited housing stock — which also is fueling a jump in new-home sales. In other words, if there were more inventory, we would have more sales happening.” Just because there’s vacant homes in the U.S.

Inventory 488

Inventory Renovations Real Estate Government 488

Housing Wire

JANUARY 26, 2022

Experienced real estate investors often say that there are opportunities in every market — whether prices are rising or falling, whether the trends lean towards a buyers’ market or a seller’s market. All these investors need are properties to sell or rent. The event is exclusively for HW+ members , and you can go here to register.

Real Estate 459

Real Estate Investors Inventory Business 459

Housing Wire

AUGUST 2, 2024

properties sold at foreclosure auction, showed that this trend is being fueled by rising levels of inventory on the retail market. Data from Altos Research found that the inventory of single-family homes for sale was up 40% year over year at the end of July.

Inventory 476

Inventory Retail Buyers Renovations 476

Housing Wire

NOVEMBER 18, 2022

The National Association of Realtors (NAR) reported today on two trends in existing home sales that we have seen for many months now: sales are declining while total inventory data has fallen directly for the three straight months. Total housing inventory fell in this report, the third report in a row that shows total inventory has decreased.

Inventory 493

Inventory Marketing Housing Market New Listings 493

Appraisal Buzz

OCTOBER 1, 2024

Realtor.com has found that , amid rising home prices and mortgage rates, real estate investors are still finding hidden gems in affordable metros across the country, with Dayton, Ohio, standing out as the top destination for property investment in 2024. lower than the national average, offering compelling value for investors.

Real Estate 416

Real Estate Investors Investing Buyers 416

Housing Wire

JANUARY 3, 2024

Housing experts expect that a boost in apartment inventory in 2024 will dampen rent growth. For investors, single-family rentals have emerged as a better hedge against slowing rents than apartments in 2023. However, affordability woes will persist. Commercial property firm CBRE estimates that rent prices will only grow 1.2%

Inventory 482

Inventory Construction Property Management Real Estate 482

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. The report notes that vacant or uninhabitable homes that have been flipped contribute new inventory comparable to new construction.

Real Estate 397

Real Estate Investors Renovations Construction 397

Appraisal Buzz

JULY 12, 2024

Over the past few years, investors have reduced their homebuying activity, but their activity has continued to outpace the market as a whole. Consequently, even though investors are buying fewer homes, their percentage has increased—according to a new Realtor.com study. Investor participation in home purchases decreased from 13.8%

Investors 370

Investors Inventory Buyers Marketing 370

Appraisal Buzz

DECEMBER 19, 2024

More buyers have entered the market as the economy continues to add jobs, housing inventory grows compared to a year ago, and consumers get used to a new normal of mortgage rates between 6% and 7%. million units in total housing inventory, which was 2.9% At the current sales pace, unsold inventory is at a 3.8-month

Inventory 396

Inventory Realtors Buyers Contracts 396

Housing Wire

JUNE 28, 2023

Roughly 80% of real estate investors surveyed are selling single-family homes at or above asking price after fully renovating the properties to make them habitable, according to a report from real estate marketplace New Western. Other notable markets that grew in the same period included popular Sunbelt investor havens Atlanta and Dallas.

Investors 397

Investors Housing Market Marketing Renovations 397

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. In other markets, including the Cleveland district, low inventory levels hindered home prices from dropping further.

Inventory 448

Inventory Housing Market Marketing Construction 448

Housing Wire

JUNE 14, 2023

Large single-family rental investors didn’t have much of an appetite in the fourth quarter of 2022 and the first quarter of 2023. The slowdown in institutional investor SFR purchases? This tracks, as the largest percentages of single-family home sales to institutional investors in the first quarter of 2023 included Georgia (8.4%

Inventory 370

Inventory Investors Construction Real Estate 370

Housing Wire

AUGUST 7, 2023

As a result, the available inventory of homes for sale is slightly higher each week. With fewer transactions, inventory is building just a bit as we approach the end of the summer. When will inventory peak for the year? Inventory Inventory is still climbing just a bit each week as we approach the end of the season.

Inventory 369

Inventory New Listings Contracts Sellers 369

Housing Wire

FEBRUARY 21, 2024

But 2024’s deals show investor interest has persisted. Even at the reduced pace of construction, that still means about 20% of all build-to-rent inventory is under construction today. The sector equates to just 1% of existing multifamily inventory. With the U.S.

Investors 493

Investors Construction Real Estate Inventory 493

Appraisal Buzz

MARCH 25, 2025

in 2023, as inventory dried up and investors struggled to find homes to flip. Gross profits on typical home flips in 2024 increased to $72,000 nationwide (the difference between the median sales price and the median amount originally paid by investors). compared with 2023 and down 32.4% of all home sales in 2024, down from 8.1%

Renovations 195

Renovations Property Taxes Investors Investing 195

Housing Wire

MARCH 18, 2022

Inventory has broken to all-time lows, but it doesn’t look like the year-over-year data will be positive at all this year unless demand softens up. NAR Research : Unsold inventory sits at a 1.7-month NAR Research : Unsold inventory sits at a 1.7-month However, negative year-over-year inventory is not what we want to see.

Housing Market 542

Housing Market Marketing Inventory Sellers 542

Housing Wire

FEBRUARY 6, 2025

Key non-QM products for 2025 Before 2025 continues, lenders should arm themselves with the right tools for tackling the market: Investor loans Investing is the vehicle to success for homeowners in the market. million, so its primed and ready to meet the needs of most property investors. How are real estate investors responding?

Mortgage 343

Mortgage Training Construction Investors 343

Housing Wire

NOVEMBER 4, 2024

In a bidding war, cash buyers and investors will win, and first-time buyers will lose. If we shut off access to real estate services for first-time and entry-level buyers, if investors snatch up the inventory and turn them into rentals, what will our industry look like in a decade or two? What does that mean in the long term?

Buyers 321

Buyers Sellers Agents Real Estate 321

Appraisal Buzz

FEBRUARY 27, 2025

The drop in mortgage rates, combined with modestly improving inventory, is an encouraging sign for consumers in the market to buy a home. As uncertainty lingers, investors are shifting toward bonds as a safe haven, helping to push mortgage rates lower.

Mortgage 195

Mortgage Inventory Investors Buyers 195

Appraisal Buzz

MARCH 20, 2025

The inventory of unsold existing homes climbed 5.1% Mortgage rates have not changed much, but more inventory and choices are releasing pent-up housing demand. Individual investors or second-home buyers, The post NAR: Existing-Home Sales Jumped 4.2 The median existing-home sales price was $398,400 in February, an increase of 3.8%

Home Value 195

Home Value Inventory Buyers Realtors 195

Housing Wire

JUNE 21, 2022

Now that we are almost in July, we can safely say the premise that once mortgage rates hit 4%, the mass panic selling of American homeowners who need to get out at all costs, driving total inventory up in the millions, hasn’t happened. Inventory skyrocketing back toward historical norms of 2 million to 2.5 Unsold inventory sits at a 2.6-month

Housing Market 540

Housing Market Marketing Inventory Mortgage 540

Housing Wire

JUNE 28, 2022

The housing market can’t replicate the type of massive credit expansion we saw from 2002-2005, so the price-growth story has more to do with inventory collapsing to all-time lows. million total housing inventory data as that is the level of inventory that would change my thesis that this is a savagely unhealthy market.

Housing Market 482

Housing Market Marketing Inventory Investors 482

Housing Wire

APRIL 25, 2024

Although there is no doubt among local real estate professionals that demand is high in the Cincinnati housing market, agents say the area’s low inventory situation is only adding to the challenge facing consumers. We are going to see an increase in inventory. So, they are just hunkering down.”

Buyers 459

Buyers Marketing Inventory Investors 459

Housing Wire

MARCH 14, 2022

More expensive money also meant fewer investors holding homes so inventory would climb too. Inventory will inch up… but not much. In the 2010s, as interest rates remained low, more and more Americans became real estate investors, and available inventory of homes for sale dropped every year.

Housing Market 488

Housing Market Marketing Inventory Investors 488