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.

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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. The Federal Reserve wanted to see the bidding wars end and the days on the market grow.

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Inventory Marketing Housing Market New Listings 493

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. Surge in Home Flips In 2023, New Western operated across 42 markets, where there were 185,272 new builds compared to 163,894 home flips.

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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.

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Investors Housing Market Marketing Renovations 397

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. from May to June. On an annualized basis, five major U.S.

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Inventory Retail Buyers Renovations 475

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.

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Investors Inventory Government Construction 456

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. The number of investor transactions decreased by 25.3%

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Investors Inventory Buyers Marketing 370

Housing Wire

APRIL 20, 2023

months’ worth of housing inventory in the U.S. We have a workable range for 2023 sales in the existing home sales market between 4 million and 4.6 Last year we had a significant sales decline for the existing home sales market, which got worse as the year progressed. Unsold inventory sits at a 2.6-month

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Inventory Housing Market Marketing New Listings 531

Housing Wire

JANUARY 12, 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. planting us firmly in the first days of 2023 where higher rates and prices threaten to completely paralyze the housing market. history. .

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Inventory Investors Construction Housing Market 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. ” “Higher priced” homes in hot housing markets in cities such as Los Angeles, Palm Beach and Phoenix are also increasingly in short supply, the report’s authors found.

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Inventory Housing Market Investors Sellers 448

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 448

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. The days on market were too low.

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Inventory Housing Market New Listings Marketing 541

Appraisal Buzz

FEBRUARY 7, 2022

The latest edition of the RealtyTrac Investor Sentiment Survey has confirmed something many investors already knew: the real estate market is in a worse place than it was a year ago. The post Investor Sentiments Predict Tight Inventory, Inflation into 2022 appeared first on Appraisal Buzz.

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Inventory Investors Real Estate Appraisal 195

Housing Wire

JULY 6, 2023

The nation’s housing industry has entered a new normal in which the dynamics of the market appear perplexing — marked by high mortgage rates and high home prices, along with shrinking mortgage originations. This is what I call a supply-constrained market. “In The perplexing part: Why are home prices not declining in this environment?

Inventory 488

Inventory Renovations Real Estate Government 488

Housing Wire

JANUARY 3, 2024

Housing experts expect that a boost in apartment inventory in 2024 will dampen rent growth. Real Estate Market Outlook 2024. In 2024, Austin, Dallas, Nashville and Atlanta will add the most units to their markets. For investors, single-family rentals have emerged as a better hedge against slowing rents than apartments in 2023.

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Inventory Construction Property Management Real Estate 482

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.

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Marketing Mortgage Finance Inventory 524

Housing Wire

APRIL 28, 2022

The pace of purchase-loan originations as well as transactions in the private-label securities market started to slow by the second quarter of this year as interest rates continued to spike, according to mortgage industry experts. in 2021 were bought by institutional investors,” Lind said. “In

Investors 367

Investors Marketing Investing Inventory 367

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

OCTOBER 21, 2024

Despite the Florida hurricanes, and in the face of recently rising mortgage rates , unsold inventory of homes on the market climbed this week by about 1%. We’ve been expecting inventory to climb, and to tick up again next week before seasonal inventory declines start in November. Last year, inventory rose by 1.5%

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Sellers Inventory New Listings Contracts 468

Housing Wire

APRIL 25, 2024

“It is extremely competitive,” DeRoussel said of the Cincinnati housing market. “We According to data from Altos Research , the Cincinnati metro area (which includes portions of Ohio, Kentucky and Indiana) currently has a Market Action Index score of 54, while the state of Ohio has a score of 55. Buyers are really struggling.”

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Buyers Marketing Inventory Investors 459

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. It’s simply a matter of adjusting your investment strategy to optimize current market conditions.

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Real Estate Investors Inventory Business 459

Housing Wire

APRIL 21, 2022

Institutional real estate investors — often mammoth operators with ties to Wall Street — gobbled up record amounts of inventory in almost every corner of the pandemic-induced fever dream that was the 2021 housing market, with one notable exception: distressed properties sold at foreclosure auction. All new components.

Investors 418

Investors Renovations Marketing Retail 418

Housing Wire

MAY 26, 2022

It’s an excellent time to discuss housing inventory. The housing market shifted in March of this year. Yes, crazy to think, but this is a survey trend data line, and the housing market was in free-fall at that time. How can housing inventory be so low today when it skyrocketed back in 2009? housing market.

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Inventory Housing Market Construction Marketing 526

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.

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Housing Market Marketing Inventory Sellers 542

Housing Wire

OCTOBER 25, 2024

In this HousingWire Executive Conversation, Tom Davis, Chief Sales Officer at Deephaven , discusses the opportunities in the non-QM investor loan space as we head into the new year. Davis believes that by aligning with the right lender and expanding product offerings, originators can position themselves as valuable partners in a shaky market.

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Investors Construction Training Realtors 448

Housing Wire

MARCH 8, 2024

Real estate agents in the leafy suburbs of Bergen County, New Jersey say the current housing market — with historically low inventory and record-high prices — is actually more challenging than the multiple offer chaos they sweated through during the pandemic. “At Altos considers any score above 30 to be a seller’s market.

Housing Market 468

Housing Market Buyers Agents Marketing 468

Housing Wire

MAY 21, 2024

In a supply-constrained housing market , even landing a deal at foreclosure auction has become challenging, but those deals tend to be more readily available in markets or neighborhoods that are off the beaten path. It’s very, very market dependent right now. I’m still focusing on those markets with very low (retail) inventory.

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Marketing Investors Real Estate Investing 476

Housing Wire

JUNE 22, 2023

The days on market are back to a teenager level in the existing home sales market, which means I can officially say we are back to a savagely unhealthy housing market! Nothing good happens in the housing market when the days on market are at a teenager level or lower. What do I mean by savagely unhealthy?

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Housing Market Marketing Inventory Law 526

Housing Wire

DECEMBER 2, 2021

Zillow said Thursday that more than 50% of its remaining iBuying inventory “has sold, is under contract to sell or has reached agreement on disposition terms.”. The over 50% inventory being moved is more than half of the 18,000 number, a company spokesperson said Thursday. Such assertions have not allayed some investors.

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Inventory Real Estate Agent Investors Market Value 459

Housing Wire

FEBRUARY 21, 2024

The deal came on the front end of market hype about the build-to-rent space, which cooled somewhat in 2023 as higher interest rates prompted a pullback by builders. But 2024’s deals show investor interest has persisted. The sector equates to just 1% of existing multifamily inventory. With the U.S. ”

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Investors Construction Real Estate Inventory 493

Housing Wire

AUGUST 7, 2023

As a result, the available inventory of homes for sale is slightly higher each week. The surprisingly strong economy has the markets assuming the Fed will keep rates higher for longer, therefore, mortgage rates follow suit. With fewer transactions, inventory is building just a bit as we approach the end of the summer.

Inventory 367

Inventory New Listings Contracts Sellers 367

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

Appraisal Buzz

OCTOBER 1, 2021

A new survey has revealed that real estate investors are not viewing the market as favorably as they once did in light of low inventory and rising costs. The post Why Are Investors Souring on the Housing Market? appeared first on DSNews. appeared first on Appraisal Buzz.

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Housing Market Investors Marketing Real Estate 195

Appraisal Buzz

OCTOBER 1, 2021

A new survey has revealed that real estate investors are not viewing the market as favorably as they once did in light of low inventory and rising costs. The post Survey Finds Investors Leary About Current Housing Market appeared first on Appraisal Buzz.

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Housing Market Investors Marketing Real Estate 195

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

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Inventory Home Improvement Realtors Real Estate 370

Housing Wire

APRIL 22, 2021

“Consumers are facing much higher home prices, rising mortgage rates, and falling affordability, however, buyers are still actively in the market,” said Lawrence Yun, NAR chief economist. The sales for March would have been measurably higher, had there been more inventory.” from February’s inventory but down 28.2%

Inventory 476

Inventory Buyers Realtors Investors 476

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 million to return to normal.

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Housing Market Marketing Inventory Mortgage 540