Housing Wire

OCTOBER 18, 2024

Condos in Florida have to be next level,” said one retail lending executive. ” 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 524

Marketing Mortgage Finance Lending 524

Housing Wire

JANUARY 13, 2024

Last week, housing inventory grew and the number of price cuts fell, which is expected at this time of the year. I hope the next thing we see is housing inventory grow at the level it typically does in January or February instead of being delayed until March or April. So let’s hope for more home sellers in 2024.

Inventory 534

Inventory New Listings Retail Mortgage 534

Housing Wire

APRIL 16, 2024

Reverse mortgage volume dropped in February compared to the month prior, and new data compiled by Reverse Market Insight (RMI) shows that the primary culprit for the month was retail reverse mortgage originations. The retail channel volume decrease of 15.7% effectively “masked” a gain of 3.9%

Retail 445

Retail Mortgage Business Loan Officers 445

Housing Wire

FEBRUARY 8, 2025

Weekly pending contracts for the past week over the past several years: 2025: 288,605 2024: 297,402 2023: 283,689 Weekly housing inventory data The highlight of 2024 for me was the growth in housing inventory as we began to return to normal levels. Weekly inventory change (Jan. We will put this assumption to the test.

Mortgage 492

Mortgage Inventory New Listings Contracts 492

Housing Wire

SEPTEMBER 10, 2023

Last week we saw a noticeable decline in new listings and active inventory was barely positive. Does this mean housing inventory has begun its seasonal decline? That said, I hope we extend inventory growth longer before the seasonal decline. Here are the numbers, according to Altos Research : Weekly inventory change (Sept.

Inventory 518

Inventory New Listings Retail Mortgage 518

Housing Wire

NOVEMBER 11, 2023

Total housing inventory growth has been slow in 2023, but with rising mortgage rates over the last few months, inventory has grown a bit faster than average. The question now is: Have we hit the seasonal peak in inventory for 2023? Last year, according to Altos Research , the seasonal peak for housing inventory was Oct.

Inventory 505

Inventory New Listings Mortgage Retail 505

Housing Wire

FEBRUARY 10, 2024

While weekly inventory is still falling, we have year-over-year growth in total active listing and new listings data. A perfect example was in 2022: when housing inventory rose faster as demand crashed, the percentage of price cuts rose faster. Last week, inventory fell week to week but was up over this time last year.

Inventory 521

Inventory New Listings Retail Mortgage 521

Housing Wire

FEBRUARY 13, 2023

The housing market experienced more volatility last week, with housing inventory dropping as mortgage rates moved higher. Weekly housing inventory continues to decline, as we saw a decrease of 13,238 units, double the amount we had this time last year. So, when I saw the slight inventory increase, I thought this was a good trend.

Inventory 516

Inventory Housing Market Marketing Mortgage 516

Housing Wire

APRIL 6, 2022

Additionally, home price appreciation and insufficient for-sale inventory are holding back purchase activity. . However, surge in rates, home-price appreciation, and insufficient for-sale inventory is restraining purchase activity. The survey, conducted since 1990, covers over 75% of the retail residential mortgage applications.

Inventory 448

Inventory Mortgage Retail Contracts 448

Housing Wire

MAY 23, 2024

Improved financial performance for retail lenders coincides with a more stable secondary mortgage market , which has seen spreads narrow since they peaked in fall of 2023. Housing inventory has also climbed from the low poitns of last year , although it remains well below pre-pandemic levels. loans per employee in the first quarter.

Retail 476

Retail Mortgage Valuation Inventory 476

Housing Wire

JUNE 6, 2023

All 12 Federal Reserve districts have seen issues with a lack of housing inventory , which is largely due to existing homeowners holding back on listing their homes after previously locking in low mortgage rates. Inventory remains exceptionally low and is restraining sales activity in much of the District.

Real Estate 459

Real Estate Inventory Construction New Listings 459

Housing Wire

JANUARY 18, 2023

. “The optimism is based on two factors: one, we’ve seen a nice trend in rates, moving lower over the last few weeks; and two, more and more houses are building up in inventory, so we’re seeing sellers being more willing to work with buyers.”

Inventory 468

Inventory Mortgage Retail Training 468

Appraisal Buzz

FEBRUARY 5, 2025

This data provides forward-looking insight into retail housing market trends. The late-Q4 jump in price demand did narrow the bid-ask spread in December, providing an early sign that the local community developers buying at auction are becoming more confident in the retail housing market for 2025.

Retail 334

Retail Inventory Housing Market Sellers 334

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. “Consumer spending increased slightly, with some retailers reporting more robust sales over the holidays. In other markets, inventory growth accelerated substantially from the previous report.

Inventory 448

Inventory Housing Market Marketing Construction 448

Housing Wire

MARCH 15, 2022

HousingWire: Let’s start with a bang Logan, will the inventory crisis end this year? The goal for inventory is to get back to 1.52-1.93 The goal for inventory is to get back to 1.52-1.93 Inventory is about to increase as it always does during this year. Back to the inventory crisis. housing market.

Inventory 476

Inventory Housing Market Retail Marketing 476

Housing Wire

MAY 8, 2023

A key source of affordable housing inventory was cut in half over the last three years, resulting from well-intended but heavy-handed efforts to keep delinquent borrowers in homes. That key source of affordable housing inventory: distressed properties sold to third-party buyers or repossessed by lenders at foreclosure auction.

Inventory 435

Inventory Renovations Supply Chain Buyers 435

Housing Wire

APRIL 13, 2024

Weekly housing inventory data Usually, I would jump for joy at last week’s inventory growth. However, last week’s numbers don’t get a passing grade: The rebound impact of Easter boosted last week’s inventory data, just like it caused the inventory data to decline in the previous week.

Inventory 505

Inventory Mortgage New Listings Retail 505

Appraisal Buzz

OCTOBER 11, 2024

Census Bureau Manufacturing and Trade Inventories (Thursday) U.S. Census Bureau Advance Monthly Retail Sales (Thursday) Freddie Mac Primary Mortgage Market Survey (Thursday) U.S.

Marketing 370

Marketing Mortgage Finance Retail 370

Housing Wire

JUNE 15, 2024

Weekly housing inventory data As we head into the summer, I still can’t express enough gratitude for the growth in inventory this year. If mortgage rates keep falling and demand picks up, we will have a much better buffer with active inventory than in 2022 and 2023.

Mortgage 508

Mortgage Inventory Marketing New Listings 508

Housing Wire

APRIL 9, 2023

The 10-year yield finally broke below a critical technical level it had difficulty breaking for many months and we had a very small increase in inventory. Active inventory rose by 823 single-family homes and new listing data is trending at all-time lows. Current housing Inventory is still not suitable for a healthy housing market.

Housing Market 540

Housing Market Marketing Mortgage Inventory 540

Housing Wire

JULY 13, 2024

Weekly housing inventory data This week’s data was hit with the July 4th bug. So, I will not make any statements about the decline in inventory week to week, except that it’s been affected by the holiday and we should get back on trend next week. have higher inventory data than the national data.

Mortgage 514

Mortgage New Listings Inventory Contracts 514

GoForrmz

NOVEMBER 7, 2024

Optimize retail operations this holiday season with efficient, digital audit solutions As the holiday season approaches, retailers are gearing up for the busiest time of the year. The need for efficient processes is at an all-time high, and one area that can significantly benefit from digital transformation is the retail audit.

Retail 78

Retail Inventory Technology 78

Appraisal Buzz

JANUARY 22, 2025

Examining Commercial/Residential Property Stock in LA First American calculated the overall size of that inventory in order to translate structures into a more recognizable metric of real estate inventory, such as housing units. Single-family homes (SFRs) make up about 80% of all properties in Los Angeles.

Construction 396

Construction Inventory Retail Real Estate 396

Housing Wire

SEPTEMBER 15, 2024

Weekly housing inventory data Higher rates lead to more inventory. My model has been simple for the last two years; as long as mortgage rates stay above 7.25%, inventory should grow in a normal range of 11,000-17,000 per week. Weekly inventory change (Sept. We also have retail sales, bond auction

Mortgage 521

Mortgage Inventory New Listings Retail 521

Housing Wire

FEBRUARY 25, 2025

The retailer should receive a boost from wildfire and hurricane-related disaster recovery-related projects. Though inventory is up meaningfully over last year and home price appreciation should decline, forecasters don’t expect a surge of home sales in the spring. Decker noted that comparable sales grew 0.8% It paid $18.25

Housing Market 240

Housing Market Home Improvement Marketing Tools 240

Housing Wire

MAY 6, 2024

AnnieMac Home Mortgage appointed Ian Aubourg to the role of senior vice president of retail sales, the Mount Laurel, New Jersey -based lender announced Monday. In his new position at AnnieMac, Aubourg will tap into his leadership skills to drive growth and improve the mortgage experience for clients.

Mortgage 445

Mortgage Loan Officers Retail Clients 445

Housing Wire

OCTOBER 5, 2024

Since the Fed rate cut, we’ve also seen significant economic data lines beat estimates: housing starts, retail sales, industrial production, GDP and labor data all came in better than expected. We couldn’t pull that off two weeks ago and last week, inventory growth slowed to 3,273. Weekly inventory change (Sept.

Mortgage 511

Mortgage Inventory New Listings Retail 511

Housing Wire

DECEMBER 9, 2023

Weekly housing inventory data We will start with the price cut data percentage because it deserves a detailed explanation. Now lets take a look at the weekly inventory data. Last year, according to Altos Research , the seasonal peak for housing inventory was Oct. Weekly inventory change (Dec.

Mortgage 534

Mortgage Inventory New Listings Sellers 534

Housing Wire

JUNE 22, 2024

10-year yield and mortgage rates Considering the softness in the economic data last week, with retail sales and housing starts at COVID-19 recession levels, which I wrote about here , the 10-year yield held up well. Weekly housing inventory data Inventory hit another one of my target levels this week, making it four times this year!

Mortgage 482

Mortgage Inventory New Listings Contracts 482

Housing Wire

NOVEMBER 8, 2023

California lender Guild M o rtgage reported an increased profit in the third quarter despite high mortgage rates and limited home sales inventory. We have remained consistent with our strategy of growing market share in the retail purchase mortgage market while retaining the servicing of those loans. Guild reported a $54.2

Retail 448

Retail Inventory Mortgage Valuation 448

Housing Wire

JUNE 20, 2024

Looking at Altos Research data on home prices, inventory and days on market over the past five years, Austin’s meteoric rise during the pandemic era — and its abrupt cooldown after mortgage rates started to rise in May 2022 — are evident. This impacts every real estate sector, from industrial and office to retail and residential.

Inventory 487

Inventory Real Estate Housing Market Real Estate Agent 487

Housing Wire

MAY 8, 2023

In the first quarter of 2023, California-based lender Guild Mortgage , which announced a leadership transition in March, continued to face pressures from high mortgage rates and low inventory levels – just like its peers. Guild, the purchase-focused lender with a distributed retail model, delivered a $37.2 million in Q1 2023.

Retail 397

Retail Inventory Mortgage Business 397

Housing Wire

FEBRUARY 14, 2024

Purchase applications remained subdued as elevated rates continue to add to affordability challenges along with still-low existing housing inventory,” Joel Kan, MBA’s vice president and deputy chief economist, said in a statement. retail residential mortgage applications. Mortgage applications decreased by 2.3% the week before.

Mortgage 435

Mortgage Retail Inventory Marketing 435

Appraisal Buzz

JANUARY 27, 2025

Since it usually takes six months to rehabilitate and bring distressed properties back to the retail market, local community developers must project housing market circumstances when purchasing distressed properties at auction. How Much Are Distressed Properties Worth?

Sellers 415

Sellers Buyers Marketing Real Estate 415

Housing Wire

FEBRUARY 7, 2024

Mortgage demand picked up last week as lower interest rates steered homebuyers back into the market, but activity remains weaker than a year ago because of limited inventory. retail residential mortgage applications. Mortgage applications increased by 3.7% during the week ending Feb. the week before.

Mortgage 493

Mortgage Retail Inventory Marketing 493

Housing Wire

MARCH 30, 2023

Just having those additional layers in the retail model really creates strain there,” Kirby said in an interview. I think maybe if you look back a few years, the broker space from a technology perspective was lacking, but has really caught up to where retail was (…). What is the upside of launching a mortgage broker shop?

Mortgage 418

Mortgage Retail Loan Officers Lending 418

Housing Wire

MAY 14, 2023

Yes, we found the seasonal bottom for housing inventory on April 14, but this year’s rise in active listings has been tepid at best. Weekly housing inventory Well, the best thing I can say for spring 2023 inventory is that we found the seasonal bottom a few weeks ago. This link explains the difference. Starting from Nov.

Housing Market 488

Housing Market Marketing Inventory New Listings 488