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 368

Inventory New Listings Contracts Sellers 368

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

SEPTEMBER 25, 2024

Inventory is still building. This week, available inventory of unsold homes rose again across the country, in almost every state. Inventory still growing Inventory is still growing clearly across the country. to the unsold inventory this week. Prices went up a ton, they’ve got to correct back down, right?

Inventory 467

Inventory New Listings Sellers Contracts 467

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 are going to see an increase in inventory.

Buyers 459

Buyers Marketing Inventory Investors 459

Housing Wire

DECEMBER 21, 2022

In addition, this is the fourth straight month of inventory declining, while days on the market are growingl! “The principal factor was the rapid increase in mortgage rates, which hurt housing affordability and reduced incentives for homeowners to list their homes. . Plus, available housing inventory remains near historic lows.”

Inventory 531

Inventory New Listings Housing Market Sellers 531

Housing Wire

APRIL 16, 2024

As of April 12, there were 526,000 active single-family listings on the market, up 2.6% This uptick in inventory is a function of high and rising mortgage rates , according to Mike Simonsen, founder and president of Altos Research. At the end of 2023, many investors anticipated six rate cuts for the year. Last week, the U.S.

Mortgage 458

Mortgage New Listings Investors Housing Market 458

Housing Wire

SEPTEMBER 30, 2024

Inventory is climbing, too Inventory has been climbing too. Inventory is still rising right now. I think we’ll see investors in the big markets like Central Florida and Texas looking to unload some underperforming assets. That’s when it’ll really count. Not a lot, but a slightly healthier pace than last year.

Mortgage 459

Mortgage Contracts Inventory New Listings 459

Housing Wire

APRIL 18, 2024

Existing home sales fell in today’s report , which isn’t surprising, but one headline that shocked some people was that home prices are still up year over year, even with higher inventory and higher mortgage rates. Of course this isn’t the healthiest housing inventory story. from the previous year ($375,300). All four U.S.

Inventory 505

Inventory Housing Market New Listings Buyers 505

Housing Wire

MARCH 14, 2022

More expensive money also meant fewer investors holding homes so inventory would climb too. The price of new listings continues to rise, which is a very bullish indicator for sales prices in the coming months. Inventory will inch up… but not much. Price appreciation slows, and homes take longer to sell.

Housing Market 488

Housing Market Marketing Inventory Investors 488

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 Even if we get more listings, it is not going to be enough for people.

Housing Market 468

Housing Market Buyers Agents Marketing 468

Appraisal Buzz

AUGUST 26, 2024

Not only do you have young families and investors looking at starter homes, you also have buyers who have been forced to consider less-expensive options due to near-record home prices. The growth in starting home prices was restrained compared to other price categories due to higher inventory levels. active listings) San Antonio (-2.6%

New Listings 444

New Listings Bracketing Inventory Buyers 444

Housing Wire

JANUARY 29, 2024

High rates further exacerbated the national inventory shortage and contributed to the surge in home prices. of investors were anticipating the benchmark interest rate to remain the same after the FOMC meeting, according to the CME Group’s FedWatch tool. of investors have priced in a cut of at least a quarter point in March.

Mortgage 416

Mortgage Inventory Investors Housing Market 416

Housing Wire

JUNE 22, 2023

I first used the term savagely unhealthy in March of 2022 because we had solid demand while inventory was at all-time lows. Credit channels and inventory channels both changed after 2010 because of the qualified mortgage laws and the 2005 bankruptcy reform laws. From NAR: Total housing inventory registered at the end of May was 1.08

Housing Market 526

Housing Market Marketing Inventory Law 526

Housing Wire

NOVEMBER 16, 2023

On Thursday, investors priced in a 99.7% A major constraint continues to be very limited inventory. 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 482

Mortgage New Listings Tools Inventory 482

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 Housing inventory issue with no booming demand.

Inventory 397

Inventory New Listings Law Housing Market 397

Housing Wire

SEPTEMBER 22, 2022

Existing home sales have more legs to go lower, especially now that new listing data is falling. A traditional primary resident seller is also a buyer, which means if they don’t list, they’re not just taking a potential home to be bought off the table — they’re taking a future sale off the books as well. million to 1.28

Inventory 482

Inventory Housing Market New Listings Mortgage 482

Housing Wire

FEBRUARY 23, 2024

Here are some charts reviewing today’s report with a host of data lines from the NAR existing home sales report: [link] A few critical glaring points: active inventory is still historically low, and so is monthly supply data. A few notes on the data above: obviously, distressed sales are not a thing and haven’t been for some time.

Inventory 493

Inventory Mortgage New Listings Marketing 493

Housing Wire

MAY 8, 2024

In down markets, the best agents and the best brokerages gain market share,” Reffkin, the CEO of Compass, told investors and analysts during his firms first-quarter 2024 earnings call on Wednesday evening. “We We have brought down expenses and continue to grow our agent count and inventory advantage,” Reffkin said.

Agents 468

Agents Real Estate Brokerage Clients 468

Housing Wire

JULY 20, 2023

Mortgage rates dropped to 6.78% this week, the biggest weekly decline since mid-March, as investors digested a raft of mixed incoming economic data. To Ratiu, it is a clear signal that investors are still pricing a premium for the higher macro risk. Hence, the lower mortgage rates bring little relief to hopeful homebuyers.

Mortgage 369

Mortgage Construction Inventory Investors 369

Housing Wire

OCTOBER 10, 2024

Insurance and inventory An alarming statistic is that most homeowners in these areas are not insured by the private insurance market or by the National Flood Insurance Program (NFIP). metro areas, 13 have had positive inventory change since 2019. In stark contrast, there was average inventory decline of 32% at the national level.

Insurance 375

Insurance Inventory Property Taxes New Listings 375

Housing Wire

JANUARY 19, 2024

Remember, with median sales prices and inventory, it’s very seasonal. Something notable about this report: Total active listings as the NAR tracks them almost broke under 1 million again. However, remember, the dive in inventory is normal at this time of the year. Below are charts with today’s report and the trend.

Housing Market 493

Housing Market Inventory Contracts Marketing 493

Housing Wire

FEBRUARY 21, 2023

However, the second is that inventory is simply too low, with too many people chasing too few homes, which means too many bidding wars. The bidding wars you heard about this year weren’t because of record-breaking demand but because active listings are still near all-time lows. that don’t have inventory near 2019 levels.

Housing Market 435

Housing Market Marketing Inventory Sellers 435

Housing Wire

JULY 20, 2023

Even with mortgage rates near or above 7% for two months, we haven’t seen dramatic moves in the purchase application data or active and new listings data. The housing market has slowed and stabilized itself with higher rates, but the existing home sales market isn’t growing like the new home sales market. Inventory between 1.52-1.93

Marketing 370

Marketing Housing Market Inventory New Listings 370

Housing Wire

DECEMBER 6, 2024

You can also create messaging for your investor clients to inform them of possible investment opportunities. Building your segmented list Lets start by looking at how you might segment your list. For buyers, you may want to link to new listings that fit their must-haves.

Real Estate 397

Real Estate Clients Tools Sellers 397

Housing Wire

MAY 2, 2022

However, inventory of for-sale homes for sale continued to lag in prior years, and despite posting some seasonal increase, barely offered relief for frantic home buyers. Additionally, after a decline at the end of 2021, we continue to see elevated levels of investor activity in 2022. annual increase in February. Market considerations.

Housing Market 397

Housing Market Marketing Buyers Inventory 397

Housing Wire

JULY 17, 2023

The market was roaring — way too hot — with bidding wars, speculators and investors who thought they couldn’t lose. By October 2022, it looked like 2023 would have rising inventory and falling home prices. Inventory has fallen all year. The peak of inventory for 2023 so far was the week of the New Year — that is insane.

Real Estate 369

Real Estate Marketing Inventory Contracts 369

Housing Wire

APRIL 22, 2024

The goal of this type of letter is to promote a new listing in the neighborhood, to position yourself as the expert by providing information about the listing, and to find more business. Many of us are in sellers’ markets with very low inventory. Inventory is extremely low, and the competition is fierce.

Real Estate 464

Real Estate Open Houses Brokerage Real Estate Agent 464

Housing Wire

OCTOBER 21, 2022

year-over-year decline in existing home sales in September and total inventory has now fallen on back-to-back reports. 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.

Housing Market 305

Housing Market Inventory New Listings Mortgage 305

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. Real estate investors are buying up a sizable chunk of today’s affordable homes. In June, the typical starter home sold for a record $243,000, up 2.1% Average mortgage rates hit 6.7%

Buyers 370

Buyers Housing Market Investors Real Estate 370

Will Springer Realtor

JANUARY 14, 2025

The rate of new listings, actively listed homes and pending sales for all home types in King County fell by about a third from November, which was also a slow month for the market. months of inventory or 49.5 House buying and selling? That took a break! County condo prices finished 2024 down 2.2% The figure is 1.3

Housing Market 50

Housing Market Marketing Investors New Listings 50

Lamacchia Realty

AUGUST 25, 2023

JULY 2023 south florida housing report July Highlights Mortgage rates and limited inventory continue to be the driving factors behind today’s real estate market data – specifically sticking out when looking at home sales and new listings which are both down across all counties and categories in South Florida.

Inventory 68

Inventory New Listings Real Estate Sellers 68

Listing Spark

SEPTEMBER 30, 2020

In short, huge demand that inventory simply can’t keep up with. Homes are selling at such a feverish pace that active listings are plummeting across the board, further lowering our months of inventory available to buyers. We can withstand A LOT of inventory to hit the market and still be balanced. San Antonio.

Real Estate 69

Real Estate Marketing Inventory New Listings 69

Lamacchia Realty

NOVEMBER 27, 2023

october 2023 south florida housing report Broward County In October of 2023, Broward County single-family homes saw a decrease in closed sales, but increases in new listings, pending sales, and average price. Condos/townhomes saw increases in average price and new listings but decreases in pending and closed sales.

New Listings 68

New Listings Sellers Real Estate Inventory 68

Empire Appraisal Group

MARCH 16, 2023

Even investors are shying away from the marketplace. The first is Active Inventory , which is the number of homes actively on the market at a particular time. In most areas, Active Inventory has been increasing steadily since around June 2022. In most areas, Active Inventory has been increasing steadily since around June 2022.

Sellers 78

Sellers Inventory Realtors Clients 78

Listing Spark

NOVEMBER 6, 2023

Real estate markets across the country are normalizing, but the industry is still incredibly profitable for new and experienced property investors. However, finding specific properties is still a challenge for investors, even in these lucrative markets. The first barrier many investors encounter is finding properties.

Investors 36

Investors Investing Real Estate Agent Real Estate 36

Lamacchia Realty

JULY 25, 2023

In fact, the number of homes listed in the first half of the year is the lowest in recorded history, click here to learn more. Many potential sellers are hesitating to list their homes to avoid losing their 2-3% pandemic-era mortgage rate. downsizing, growing families, career changes, divorce , etc.).

Sellers 67

Sellers Buyers Real Estate Inventory 67

Listing Spark

AUGUST 28, 2020

Austin: 10% Increase in Median Sales Price ($353,000) 21% Increase in closed sales (4,537) 3 day reduction in days on market (44 days 13% increase in new listings (4,767) 32% reduction in active listings and a 32% increase in pending sales Currently sitting at a staggeringly low 1.7 months of inventory.

Real Estate 53

Real Estate Marketing New Listings Inventory 53