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 397

Investors Inventory Government Construction 397

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 478

Investors Marketing Inventory Real Estate 478

Housing Wire

MARCH 30, 2023

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

Inventory 525

Inventory Housing Market Marketing Mortgage 525

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 530

Inventory Housing Market Marketing New Listings 530

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. trillion in mortgage originations in 2021. The perplexing part: Why are home prices not declining in this environment?

Inventory 487

Inventory Renovations Real Estate Government 487

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. In one of the most historical years in the U.S.

Inventory 541

Inventory Housing Market New Listings Marketing 541

Housing Wire

MARCH 5, 2024

Ahead of Friday’s national jobs report, mortgage rates have found stability after increasing for multiple weeks. Polly ’s average 30-year fixed rate for conventional loans was 7.17% on Tuesday, down from 7.24% one week earlier, according to HousingWire’s Mortgage Rates Center. Meanwhile, inventory rose year over year by nearly 19%.

Mortgage 477

Mortgage Inventory Investors Sellers 477

Housing Wire

SEPTEMBER 30, 2024

Purchase mortgage applications are up for five weeks in a row. It seems like mortgage rates are getting closer to 6% are shaking loose a few transactions. Inventory is climbing, too Inventory has been climbing too. Inventory is still rising right now. The rate of home sales is picking up!

Mortgage 456

Mortgage Contracts Inventory New Listings 456

Housing Wire

NOVEMBER 30, 2023

Mortgage rates headed lower this week as the 10-year Treasury yield dropped below 4.3% The 30-year, fixed mortgage rate averaged 7.22% for the week ending Nov. 30, according to Freddie Mac ‘s Primary Mortgage Market Survey. Bright MLS ’ 2024 forecast indicates that mortgage rates will fall to 6.5% on Thursday.

Mortgage 518

Mortgage Inventory Tools Investors 518

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. As mortgage rates rose more and more, the October to January data was going to show big negative prints.

Inventory 492

Inventory Marketing Housing Market New Listings 492

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%

Sellers 450

Sellers Inventory New Listings Contracts 450

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 511

Marketing Mortgage Finance Inventory 511

Housing Wire

NOVEMBER 15, 2024

Rocket Companies ’ third-quarter earnings call offered a glimpse into a key element of its 2025 strategy for Rocket Mortgage — driving profits through ridiculously high recapture rates and an expanding servicing portfolio. Here’s HousingWire’s early look at Rocket Mortgage’s 2025 recapture play strategy.

Mortgage 335

Mortgage Clients Inventory Business 335

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% of investors have priced in a cut of at least a quarter point in March. by the end of this year.

Mortgage 416

Mortgage Inventory Investors Housing Market 416

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 387

Investors Housing Market Marketing Renovations 387

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 363

Inventory Investors Construction Real Estate 363

Housing Wire

MAY 26, 2022

It’s an excellent time to discuss housing inventory. As the 10-year yield broke above 1.94% and mortgage rates rose, we saw the impact on housing data. How can housing inventory be so low today when it skyrocketed back in 2009? I don’t believe housing inventory below 1.52 The housing market shifted in March of this year.

Inventory 521

Inventory Housing Market Construction Marketing 521

Housing Wire

AUGUST 7, 2023

Even as mortgage rates climbed over 7% in the past six weeks, home prices have not declined. As a result, the available inventory of homes for sale is slightly higher each week. Mortgage rates are sitting at their highest levels in many years. When will inventory peak for the year? As demand dips, the prices are not.

Inventory 323

Inventory New Listings Contracts Sellers 323

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

Appraisal Buzz

NOVEMBER 1, 2024

The Five Star Institute Webinar series aims to broaden the horizons of the mortgage industry. In today’s mortgage industry, missed deadlines, missing origination documents, and compliance risks can result in significant financial losses. Census Bureau Monthly Wholesale Inventories Report (Thursday) U.S.

Mortgage 367

Mortgage Investors Insurance Construction 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

Housing Wire

SEPTEMBER 26, 2024

Extending the traditional 30-year mortgage to 40 or even 50 years. For families earning $91,551, a 30-year mortgage at 6% would require monthly payments exceeding $5,400, consuming more than 70% of their income. Government policies : Programs like mortgage forbearance kept homes off the market, tightening supply (Urban Institute).

Mortgage 468

Mortgage Supply Chain Real Estate Investors 468

Appraisal Buzz

SEPTEMBER 23, 2021

Mortgage rates rose slightly this week to 2.88%, still below the 3% with prospective homebuyers snatching up all available inventory. The post Foreign Investor Treasury Purchases Hold Mortgage Rates Steady appeared first on theMReport.com.

Investors 195

Investors Mortgage Inventory Appraisal 195

Housing Wire

SEPTEMBER 28, 2023

Mortgage rates climbed again this week as investors braced themselves for ‘higher-for-longer’ conditions following last week’s Fed meeting. By contrast, the 30-year fixed-rate mortgage was at 6.70% a year ago at this time. Other indices showed significantly higher mortgage rates this week. on September 27 from 4.3%

Mortgage 483

Mortgage Inventory Investors Sellers 483

Housing Wire

APRIL 16, 2024

Mortgage rates posted a big jump last week after Wednesday’s release of a higher-than-expected inflation report. As a result, HousingWire’s Mortgage Rates Center showed the average 30-year fixed rate for conventional loans at 7.24% on Tuesday, up from 7.16% one week earlier. We saw a bounce in demand early in the year as rates fell.

Mortgage 414

Mortgage New Listings Investors Housing Market 414

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. The report noted that “most bankers reported that residential mortgage demand remained weak.” In other markets, inventory growth accelerated substantially from the previous report.

Inventory 438

Inventory Housing Market Marketing Construction 438

Housing Wire

APRIL 17, 2024

Expect 2024 to be mildly better than 2023 with mortgage rates falling in the second half of the year, housing experts opined in their forecasts at the end of the year. The pessimism is visible in mortgage rates. Freddie Mac ‘s weekly Primary Mortgage Market Survey is climbing back towards 7%.

Mortgage 491

Mortgage Brokerage Real Estate Tenants 491

Housing Wire

NOVEMBER 9, 2023

As 10-year Treasury yields tumbled, the average 30-year fixed mortgage fell 26 basis points in the week ending Nov. The 30-year, fixed mortgage averaged 7.5% 9, according to Freddie Mac ‘s Primary Mortgage Market Survey. New inflation data comes out Tuesday, giving investors more clues on the Fed’s path moving forward.

Mortgage 488

Mortgage Inventory Investors Housing Market 488

Housing Wire

OCTOBER 26, 2023

Average mortgage rates on 30-year fixed home loans continued their march towards 8% this week as the Treasury yield surpassed 5%. Rates have been steadily climbing for seven straight weeks, the longest consecutive increase since Spring 2022, according to Freddie Mac ‘s Primary Mortgage Market Survey. million units sold.

Mortgage 469

Mortgage Inventory Housing Market Realtors 469

Housing Wire

SEPTEMBER 14, 2023

Mortgage rates inched back up this week and remain anchored north of 7% as investors focus on the impact of rising headline inflation ahead of next week’s Fed rate decision. By contrast, the 30-year fixed-rate mortgage was at 6.02% a year ago at this time. Other indices showed different mortgage rates this week.

Mortgage 459

Mortgage Inventory Buyers Investors 459

Housing Wire

JANUARY 18, 2024

Mortgage rates continued their descent this week to mark their lowest level since May 2023, welcome news for homebuyers who have been waiting on the sidelines for rates to drop. The 30-year fixed-rate mortgage averaged 6.6% The 30-year fixed-rate mortgage averaged 6.6% 12 compared to a week earlier.

Mortgage 532

Mortgage Inventory Retail Construction 532

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 480

Investors Construction Real Estate Inventory 480

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. Many of the mortgage loans traded through MAXEX’s platform find their way into PLS transactions. “We

Investors 326

Investors Marketing Investing Inventory 326

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

FEBRUARY 1, 2024

Mortgage rates continued their downward plunge this week as inflation keeps decelerating. The 30-year fixed-rate mortgage averaged 6.63% as of Feb. 1, a decrease from last week’s figure of 6.69%, according to Freddie Mac ’s Primary Mortgage Market Survey released on Thursday. Is the housing market normalizing?

Mortgage 473

Mortgage Housing Market Sellers Inventory 473

Housing Wire

JUNE 15, 2022

Two new single-family rental (SFR) securitization deals sponsored by large institutional players — often described as “Wall Street” investors — hit the private label market in June, bringing the total deal count so far this year to 10. billion fixed-rate, five-year loan originated by Morgan Stanley Mortgage Capital Holdings.

Investors 397

Investors Investing Inventory Real Estate 397

Housing Wire

NOVEMBER 16, 2023

Mortgage rates fell this week as the October inflation report drove down the yield on the 10-year Treasury. On Thursday, investors priced in a 99.7% The 30-year, fixed mortgage averaged at 7.44% as of Nov. 16, according to Freddie Mac ‘s Primary Mortgage Market Survey. That’s down six basis points from last week ’s 7.5%

Mortgage 472

Mortgage New Listings Tools Inventory 472