Housing Wire

JANUARY 9, 2025

Altos considers anything above 30 to be indicative of a sellers market. While the markets steady conditions certainly give sellers confidence when listing their homes and ensure buyers know what to expect when entering the market the current market conditions, including higher mortgage rates , are not what many buyers would define as ideal.

Housing Market 418

Housing Market Inventory Marketing Sellers 418

Housing Wire

NOVEMBER 23, 2024

It has been almost two months since mortgage rates spiked again, and my initial thought was this would tank housing demand. We had a positive 18-week period with purchase applications before mortgage rates started rising in September. Initially, the data showed more robust performance as mortgage rates approached 6%.

Mortgage 514

Mortgage Inventory New Listings Contracts 514

Housing Wire

JANUARY 30, 2025

Rising mortgage rates that are now above 7% have continued in January. But there may be some improvement on the horizon as newly listed home inventory grew 37.5% more homes were actively listed for sale on a given day in January, following a 15-month trend of higher annualized inventory levels. year over year. .”

Inventory 357

Inventory Sellers Marketing Buyers 357

Housing Wire

FEBRUARY 27, 2025

According to a report from Redfin, for-sale inventory at the end of January in Florida was up 22.7% Redfin agents in the state say that its now a buyers market where sellers have to make concessions to bring buyers to the table. Redfin attributes the rise in inventory to several factors. year over year. year-over-year jump.

Inventory 350

Inventory Marketing HOA Buyers 350

Appraisal Buzz

OCTOBER 16, 2024

In markets across the South, increased multi-family inventory is easing competition among renters and driving down prices. The post Buyers and Sellers Embrace Market in Wake of Mortgage Rate Dip first appeared on The MortgagePoint. The balance between housing supply and demand is a key factor shaping regional rent patterns.

Sellers 418

Sellers Buyers Marketing Mortgage 418

Appraisal Buzz

JANUARY 30, 2025

According to the Realtor.com January Monthly Housing Report, January saw a positive shift in seller activity despite recent hikes in mortgage rates, with the number of newly listed homes increasing 37.5% The uptick is likely due to some residual benefit from falls lower mortgage rates, which could fade. month-over-month.

Sellers 332

Sellers Inventory New Listings Contracts 332

Appraisal Buzz

FEBRUARY 13, 2025

Redfin cited a number of reasons for this increase in the nations housing inventory, including: The mortgage rate lock-in effect is fading: A number of homeowners who scored low mortgage rates during the pandemic have been staying put because moving would mean taking on a higher rate. month-over-month, and 4.7% year-over-year.

Inventory 397

Inventory New Listings Sellers Real Estate Agent 397

Housing Wire

FEBRUARY 10, 2025

Potential home sellers notice weak demand, fewer offers and price reductions, prompting them to back away from the market. As such, housing inventory isn’t shrinking. If potential sellers avoid the market, this will keep a lid on supply growth. This week, the new listings stat has grown with slightly more sellers.

Sellers 309

Sellers Inventory New Listings Contracts 309

Housing Wire

FEBRUARY 3, 2025

Inventory of unsold homes on the market ticked down fractionally this week. Its not uncommon for January to have a little up and down in the inventory numbers. If inventory were jumping each week, that would be notable, but its not. At this time, of year theres new inventory and new buyers are shopping. A shrinking U.S.

Sellers 386

Sellers Inventory New Listings Contracts 386

Housing Wire

DECEMBER 30, 2024

However, there are two big trends that stand out as we launch into 2025 affordability and sellers in the market. Home prices finished 2024 up a few percent nationally and mortgage rates are at their highest level in seven months back over 7% as we head into January. The elephant in the room is affordability.

Housing Market 543

Housing Market Marketing New Listings Inventory 543

Housing Wire

JANUARY 20, 2025

This housing market is on hold until mortgage rates come down. We knew that mortgage rates over 7% were possible for the year, and here we are. I still expect well spend most of the year under 7% for the 30-year fixed rate mortgage , but until that happens, home sales are at a standstill. When will that be? I have no idea.

Mortgage 397

Mortgage Inventory New Listings Contracts 397

Housing Wire

OCTOBER 28, 2024

We track inventory and home sales very closely, so the biggest surprise this year has been the resiliency of home prices. Given the unrelenting mortgage costs, generally weak homebuyer demand, and the year’s rising supply of unsold homes, I’ve been expecting home prices to recede a bit in the second half of this year. They have not.

Inventory 474

Inventory New Listings Sellers Contracts 474

Housing Wire

NOVEMBER 4, 2024

As real estate practitioners adjust to the practice changes that took effect in August, and the industry waits for final approval of the NAR settlement from the court in November, questions continue about seller offers of compensation. Lowering commissions will not cause sellers to reduce their prices.

Buyers 318

Buyers Sellers Agents Real Estate 318

Housing Wire

JANUARY 24, 2025

However, housing demand surged when mortgage rates fell in the early 1980s during a recession. A similar situation could occur now, but we haven’t had mortgage rates low enough for long enough to increase home sales significantly. For me, the highlight of 2024 was the growth in active inventory. months, not the 10.8

Inventory 482

Inventory Housing Market Sellers Marketing 482

Housing Wire

JUNE 24, 2024

Inventory grew by almost 14,000 homes this week. Available inventory of unsold homes continues to grow but that growth in seems a bit less intense than it could be. Sellers can just wait it out, and it looks like the U.S. I think it’s worth examining if sellers will indeed just wait it out now. Inventory increases by 2.2%

Inventory 447

Inventory Sellers New Listings Property Taxes 447

Housing Wire

MARCH 6, 2025

Will inventory levels skyrocket as federal workers leave? Weekly housing inventory ramps up What do we see in the data on housing inventory levels in the D.C. Weekly housing inventory ramps up What do we see in the data on housing inventory levels in the D.C. But inventory remains well below historical averages.

Inventory 271

Inventory New Listings Government Housing Market 271

Appraisal Buzz

NOVEMBER 26, 2024

As 2025 draws near, mortgage rates are once again in the news. More inventory should shake loose in 2025, giving buyers a bit more room to breathe.” In September, mortgage rates dropped, momentarily raising the proportion of affordable properties to a 19-month high. increase in property values in 2025.

Housing Market 396

Housing Market Tenants Marketing Mortgage 396

Housing Wire

DECEMBER 9, 2024

We know inventory has been climbing all year. The MBAs mortgage applications data has been surprisingly strong. 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. When demand slows, inventory grows.

Housing Market 418

Housing Market Marketing Inventory Sellers 418

Housing Wire

NOVEMBER 18, 2024

We already see many signals for what to expect, including last week’s data on inventory , new listings and price reductions, which I analyze below. Mortgage rates continue to move higher and that’s impacting buyers. Mortgage rates continue to move higher and that’s impacting buyers.

Housing Market 448

Housing Market New Listings Marketing Inventory 448

Housing Wire

JANUARY 6, 2025

At the same time, mortgage rates jumped back over 7%. What were trying to track are what the real-time signals are telling us about homebuyers and 7% mortgage rates. Inventory fell There are 635,000 single-family homes unsold on the market now. Inventory falls quickly over the holidays, so this week has 2.4%

Inventory 447

Inventory New Listings Contracts Sellers 447

Housing Wire

NOVEMBER 4, 2024

Last year was weak as mortgage rates were hitting 8%. Inventory is past peak for the year, so the momentum looks to keep the trends in a positive direction for now. Inventory drops again There are 736,000 single-family homes unsold on the market in the U.S. The inventory peak came a month earlier than in 2023.

Inventory 387

Inventory New Listings Sellers Contracts 387

Housing Wire

APRIL 15, 2024

We saw a big jump in mortgage rates last week. The 30-year fixed rate mortgage, according to the HousingWire Mortgage Rates Center , is now over 7.2% — that’s 50 basis points above where we were at the start of the year. At that time, most of the voices in the media assumed that mortgage rates had peaked and would fall by now.

Inventory 458

Inventory Mortgage New Listings Sellers 458

Housing Wire

MARCH 3, 2025

The 30-year fixed mortgage has followed suit, recently falling as low as 6.75%, the lowest level since mid-December. Its quite obvious that stubbornly high mortgage rates slowed down early season homebuyers in the first quarter of 2025. So, mortgage rates have been declining for several weeks now. Thats a pretty notable swing.

New Listings 362

New Listings Inventory Contracts Sellers 362

Housing Wire

MARCH 2, 2024

The mortgage rate lockdown premise says that if rates rise, inventory can’t grow meaningfully. The idea is that nobody will trade their low mortgage rates to buy another home — even though this happened every week last year. With mortgage rates higher, will this stop inventory from growing year over year?

Inventory 535

Inventory Mortgage New Listings Housing Market 535

Housing Wire

JANUARY 27, 2025

Recently, weve shared that the inventory of unsold homes is growing. In recent weeks, home sales also faltered in the face of 7% mortgage rates. There are already plenty of markets nationwide where the inventory of unsold homes has built up over the past few years and home prices have ticked down. this week is $421,000.

Inventory 387

Inventory Sellers New Listings Contracts 387

Housing Wire

MARCH 10, 2025

The unsold inventory of homes on the market across the country is 28% greater than last year at this time. Withdrawals keep a lid on inventory growth. That suggests a shadow inventory of homes that want to be sold but the market isnt there for it. Last year at this time, mortgage rates were heading higher to peak in May at 7.5%.

Inventory 369

Inventory New Listings Housing Market Sellers 369

Housing Wire

DECEMBER 9, 2024

If 2024 was a rollercoaster, 2025 is shaping up to be a championship gameand every buyer , seller and homeowner has a shot at winning big. Although no person can truly predict mortgage rates for there are several factors involved; Industry forecasts predict interest rates will hover between 5.5% A Mortgage Agency.

Mortgage 370

Mortgage Sellers Real Estate Buyers 370

Housing Wire

SEPTEMBER 9, 2024

While inventory of unsold homes in the housing market in each of the last two years headed higher during September and October due to mortgage rate spikes, we’re seeing a more normal seasonal pattern now with inventory beginning to decline. We’re also seeing more home sellers withdrawing their listings to try again next year.

Sellers 482

Sellers Inventory Contracts New Listings 482

Housing Wire

NOVEMBER 25, 2023

Lower mortgage rates tend to take housing supply off the market and demand has been picking up lately as rates have fallen. However, the recent drop in housing inventory has more to do with seasonality factors than lower mortgage rates. Mortgage rates and the 10-year yield The 10-year yield ended the week roughly flat.

Inventory 537

Inventory Mortgage New Listings Buyers 537

Housing Wire

APRIL 29, 2024

It’s still April, so there could be as many as eight more weeks of seller growth in the spring housing market. And seller growth is happening pretty much everywhere across the country, with Florida and Texas leading the way. The bearish take is that there are many more sellers than buyers and inventory is rising.

Sellers 508

Sellers Marketing Inventory Contracts 508

Housing Wire

MAY 8, 2024

Housing credit channels directly impact housing inventory channels. Home prices escalated out of control after 2020 and when we look at why that happened, we can see that housing credit mattered more to inventory data than most people realize. This matters because inventory was already heading toward all-time lows before COVID-19.

Inventory 517

Inventory New Listings Law Sellers 517

Housing Wire

MAY 28, 2024

It’s the end of May and unsold inventory on the market is increasing across the U.S. Every state in the country has more homes on the market now than a year ago and, in many places, new construction is being completed and added to inventory, so it’s not just resale inventory that’s growing. Higher rates create more inventory.

Inventory 534

Inventory New Listings Contracts Sellers 534

Housing Wire

JANUARY 20, 2024

Housing inventory, new listing data and mortgage rates are all rising, but the price cut data percentages are falling. I will watch for rising mortgage rates to see if they change the weekly data. I will watch for rising mortgage rates to see if they change the weekly data. So far, so good in 2024.

Inventory 541

Inventory Mortgage New Listings Sellers 541

Housing Wire

FEBRUARY 4, 2024

How will mortgage rates impact seasonal inventory in 2024? In the last four years, we have had abnormal seasonal inventory data, meaning that the spring inventory bottom happens later in the year. Also, when mortgage rates rise, the inventory peak happens later in the year.

Inventory 523

Inventory Mortgage New Listings Housing Market 523

Housing Wire

NOVEMBER 4, 2024

As high mortgage rates reshape the housing market, existing homes are making up a larger percentage of for-sale inventory, and homebuyers are taking notice. The available inventory of existing homes rose by 22% year over year in Q3 2034. New construction inventory has grown in recent months. million units. year over year.

Marketing 368

Marketing Inventory Construction Realtors 368

Housing Wire

OCTOBER 25, 2024

s largest metros, a monthly mortgage payment is less expensive than the average rent. In Chicago , the typical rent payment is $2,074 per month, but a monthly mortgage payment is $1,640 – a savings of nearly $434 a month by owning rather than renting. With inventory up 22% compared to a year ago, buyers are gaining bargaining power.

Inventory 476

Inventory Buyers Mortgage Tools 476

Housing Wire

JULY 20, 2024

We finally have six weeks of numbers that hit my housing inventory growth model perfectly in 2024. Last year, with higher mortgage rates , we had zero weeks at this level so I am now giving 2024 inventory growth a grade of A. have higher inventory than the national data.

Inventory 526

Inventory New Listings Contracts Mortgage 526