Housing Wire

JUNE 26, 2024

Homebuilders with unsold inventory are feeling the pinch of high mortgage rates — and it’s showing up in new-home sales data. This inventory pileup could start to affect new-home prices. The new-home sales numbers contrast substantially with the existing-home sales report for May from the National Association of Realtors (NAR).

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Inventory Realtors Marketing Mortgage 423

Housing Wire

APRIL 1, 2024

HousingWire has partnered with New Hampshire Association of Realtors (NHAR) to bring original data, analytics and news to its members who are the voice for real estate in the state. Our strategy is simple – be the independent source of information housing leaders seek first, and trust the most,” Clayton Collins, HousingWire CEO, said. “By

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Realtors Brokerage Tools Inventory 410

Housing Wire

JULY 24, 2024

RealReports , a proptech firm that offers an artificial intelligence-based platform for property data , announced a new partnership this week with the San Francisco Association of Realtors (SFAR) to provide access to its tool to an estimated 5,000 members in the Bay Area. Inventory is low, rates remain high, and lawsuits abound,” Gorman said.

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Housing Wire

SEPTEMBER 5, 2024

It was the 10th straight month of annualized growth and for-sale inventory is now at its highest level since May 2020. This dovetails with recent pending sales data from the National Association of Realtors. from August 2023, “indicating that the inventory of smaller and more affordable homes continues to grow in share.“

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Inventory Buyers Sellers Mortgage 433

Housing Wire

JANUARY 2, 2023

This is why I’ve created the Housing Market Tracker — a weekly analysis of purchase apps, housing inventory and mortgage rates that will be published every Monday. The Altos Research weekly inventory data looks ahead before the sales report inventory data. Weekly housing inventory.

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Inventory Housing Market Marketing Mortgage 479

Housing Wire

AUGUST 10, 2022

One of the most important housing market stories in recent weeks has been the decline in new listings , which has slowed the growth rate of total inventory. One thing that I have stressed is that higher mortgage rates can create a slowdown in demand and thus allow more inventory to accumulate through a weakness in demand. million to 1.93

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Inventory New Listings Housing Market Sellers 526

Housing Wire

APRIL 15, 2024

Taking the top spot as the greatest challenge was low inventory , with nearly half (49%) of respondents ranking that as their biggest challenge. Most buyers here cannot pay realtor commissions because they are VA (Veterans Affairs borrowers).” In a similar vein, “getting listings” was the third-largest hurdle cited by agents.

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Inventory Agents Real Estate Sellers 412

Housing Wire

APRIL 11, 2022

Given the current housing inventory crisis, it might surprise people to realize this: we built too many homes during the housing bubble years. Yes, but this is where my work is much different from other housing economists and why we need to think of inventory in a new, modern 21st-century mindset. Wait, what?

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Inventory Housing Market Marketing Modernization 512

Housing Wire

MARCH 31, 2021

After eight months of consecutive gains, the consequences of low inventory finally caught up with the housing market in February. drop in the number of homes in contract from the prior month, according to new data from the National Association of Realtors. Tightened supply was largely responsible for a 10.6% and West (96.9)

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Inventory Contracts Housing Market Buyers 511

Housing Wire

JANUARY 12, 2022

Early in 2021, when I was talking about how people should worry about home prices overheating, I had a glimmer of hope that maybe toward the end of 2021 we would be spared another seasonal collapse of inventory. Inventory always falls in the fall and winter, but I hoped it wouldn’t be a repeat of 2020.

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Inventory Housing Market Mortgage Marketing 538

Housing Wire

MAY 3, 2024

No matter where you are in the Tar Heel State, real estate professionals across North Carolina are frustrated by the lack of housing inventory. The challenge remains lack of inventory — that’s definitely the big one,” said Alison Alston , the broker-owner of Charlotte-based Lodestone Real Estate and Investments. “We being outbound. “We

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Inventory Housing Market Marketing Real Estate 335

Housing Wire

SEPTEMBER 26, 2023

Available inventory of homes for sale is on the rise in late September, which is very unusual for this time of year. In fact, inventory is growing faster than this time a year ago. What’s happening with inventory? Normally by this point in September, available inventory is declining slightly each week.

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Inventory Contracts New Listings Mortgage 504

Housing Wire

JULY 10, 2024

“Anything under $300,000 or $350,000 has really good activity, but above that, I think interest rates have really affected buyers in those price ranges,” said Eddie Campos, the president of Northwest Ohio Realtors and an associate at RE/MAX Preferred Associates. “I 1 challenge for his buyers is the current inventory situation.

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Inventory Buyers Agents Inspection 359

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.” through the first quarter of 2024.”

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Inventory Renovations Real Estate Government 483

Housing Wire

MAY 27, 2021

Like new and existing sales, pending home sales felt the strain of exhausted home inventory in April ? according to Thursday data from the National Association of Realtors. The upper-end market is still moving sharply as inventory is more plentiful there.”. dropping 4.4% from the previous month to an index of 106.2,

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Inventory Realtors Contracts Marketing 466

Housing Wire

OCTOBER 4, 2021

Over half of Realtors said that social media was their top lead-generating technology tool, according to a new survey report from the National Association of Realtors. In addition, 69% of Realtors surveyed reported having a website. The post Realtors still get most of their leads from Facebook appeared first on HousingWire.

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Realtors Technology Tools Agents 490

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. NAR lists the current inventory at 1.22 million, with a peak in 2007 a tad over 4 million.

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Inventory Marketing Housing Market New Listings 491

Housing Wire

MARCH 29, 2022

Given the current housing inventory crisis, it might surprise people to realize this: we built too many homes during the housing bubble years. Yes, but this is where my work is much different from other housing economists and why we need to think of inventory in a new, modern 21st-century mindset. Wait, what?

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Inventory Housing Market Marketing Modernization 435

Appraisal Buzz

JUNE 21, 2024

million, according to the National Association of Realtors (NAR). increase in inventory. Eventually, more inventory will help boost home sales and tame home price gains in the upcoming months,” says Lawrence Yun, chief economist for NAR, in a statement. Existing-home sales decreased 0.7% The decrease in sales comes despite a 6.7%

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Inventory Buyers Realtors Appraisal 195

Housing Wire

APRIL 16, 2021

That’s depleting inventory across the country. “In nearly every market, 20% more inventory means 20% more home sales,” said Lawrence Yun, chief economist for the National Association of Realtors. ” The post Housing market inventory is starting to recover appeared first on HousingWire.

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Inventory Housing Market Marketing Supply Chain 545

Housing Wire

JULY 22, 2021

million, according to the National Association of Realtors. 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% Sales climbed 22.9%

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Inventory Buyers Realtors Construction 508

Appraisal Buzz

JUNE 28, 2024

compared with May 2023, as higher mortgage rates continued to keep homebuyers on the sidelines, according to the National Association of Realtors (NAR). The market is at an interesting point with rising inventory and lower demand,” says Lawrence Yun, chief economist for NAR, in a statement. “The Pending home sales decreased 2.1%

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Inventory Contracts Realtors Mortgage 195

Housing Wire

MARCH 22, 2024

Unlike many other metropolitan areas across the country , the housing market in Southwest Florida is comparably flush with for-sale inventory. “I We are seeing a healthy increase in inventory, which we really needed.” Smith attributes the uptick in inventory to a bump in new listings.

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Insurance Inventory Marketing Real Estate 411

Housing Wire

OCTOBER 1, 2022

The monthly Realtors Confidence Index helps to dispel many of the myths and cut through the noise of what is currently happening in the market. The National Association of Realtors Research Group has produced the index since 2008, at a time of turmoil in the real estate market.

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Realtors Housing Market Marketing Buyers 409

Cleveland Appraisal Blog

APRIL 26, 2023

With a shortage of housing inventory persisting, some are resorting to building their own home. If you decide to use a realtor it can make the experience much smoother, much easier and ultimately far better for you as a buyer. Time savers: Because buying land can be a time-consuming process, you may want to use a realtor to save time.

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Realtors Buyers Real Estate Agent Appraisal 271

Housing Wire

APRIL 22, 2021

For the second consecutive month, existing-home sales fell, according to the latest National Association of Realtors report. The sales for March would have been measurably higher, had there been more inventory.” ” Total housing inventory at the end of March amounted to 1.07 from February’s inventory but down 28.2%

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Inventory Buyers Realtors Investors 475

Appraisal Buzz

MAY 23, 2024

Lack of inventory, high home prices and rising mortgage rates slowed existing-homes sales in April. According to the National Association of Realtors (NAR), existing-home sales fell 1.9% Despite a 9% month-over-month increase in inventory in April, home prices continued to increase: The median existing-home price jumped 5.7%

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Inventory Realtors Housing Market Mortgage 195

Housing Wire

OCTOBER 8, 2021

from a year ago to $356,700, according to the National Association of Realtors. Renovated Inventory to the Rescue. Top Markets for Renovated Inventory. The post Top markets for affordable renovated housing inventory appeared first on HousingWire. Skyrocketing U.S. The median home price nationwide in August increased 14.9%

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Renovations Inventory Marketing Property Taxes 543

Housing Wire

AUGUST 10, 2020

As mortgage rates and housing inventory continue to hit record lows, potential homebuyers face an increasingly competitive environment. The post Low mortgage rates and low inventory resulted in more bidding wars in July, Redfin says appeared first on HousingWire. Last week , average U.S. Last week , average U.S.

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Inventory Mortgage Realtors Marketing 525

Real Estate News

APRIL 27, 2023

The National Association of Realtors reported the first dip in pending sales since last November as inventory remains tight.

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Inventory Realtors 215

Appraisal Buzz

AUGUST 23, 2021

The National Association of Realtors®, (NAR) said sales of pre-owned single-family houses, town houses, condominiums, and cooperative apartments rose to a seasonally adjusted annual rate of 5.99 The post Existing Home Sales Back on the Rise as Inventories Improve; Rates Recover After Starting Higher appeared first on Appraisal Buzz.

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Inventory Realtors Appraisal 370

Housing Wire

JANUARY 31, 2023

Lack of inventory is an issue builders and mortgage loan originators alike are dealing with across the nation. The inventory put a cap on how much business Marquis’ team can do, which is one of the reasons why Marquis is now licensed in 22 states. In our market here in Boston, we have incredibly low inventory.

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Inventory Marketing Business Buyers 357

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. Census Bureau.

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Marketing Inventory Construction Realtors 292

Housing Wire

NOVEMBER 20, 2024

With this assumption — in addition to ongoing affordability issues and low inventory — HousingWire’s analysts foresee home-price appreciation of 3.5%, less than the 5% growth seen in typical years. This growth is in line with upward trends in inventory that began in 2022, when available homes for sale tanked to roughly 250,000.

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Marketing Inventory Housing Market Realtors 270

Housing Wire

SEPTEMBER 23, 2022

The claim by the authors that single-family rental home companies “swoop up much of the inventory” of homes from potential homebuyers is, in fact, not supported by the data in any way, shape, or form. of the nation’s total housing inventory. Rather, large companies own less than 1.5%

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Inventory Housing Market Investors Investing 334

Inman

JULY 10, 2024

NAR's 2024 Membership profile shows the impacts of a difficult market on real estate professionals — many of whom are contending with issues related to affordability and inventory.

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Realtors Inventory Real Estate Marketing 176

Inman

JULY 15, 2024

Inventory is rising again, but agents are still scrounging for new listings. Hundreds of brokers and agents shared what's working in still-tight markets in new responses from the Intel Index survey.

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Inventory New Listings Agents Marketing 186