Housing Wire

SEPTEMBER 26, 2024

. “Partnering with Zillow helps us achieve that mission by providing the millions of everyday users on the Zillow platforms with the same property-specific climate risk data that is used by top banks, agencies and investors.” New listings in the Midwest hold the least amount of climate risk, according to Zillow.

Insurance 468

Insurance New Listings Buyers Tools 468

Housing Wire

JUNE 17, 2021

And 54% of homes sold above their asking price in May — another a record high, up from 26% a year ago, according to a new report from Redfin. The report also shows the housing market also set new records for home-selling speeds and competition, although seasonally adjusted home sales and new listings flattened from April.

Housing Market 535

Housing Market New Listings Sellers Buyers 535

Housing Wire

MARCH 8, 2024

70 towns, 90 new listings Local agents say the county’s tight inventory situation is largely to blame. “We We have been complaining about the lack of inventory for as long as I can remember, but then we at least had more listings,” Danny Yoon , an Edgewater, New Jersey-based Sotheby’s International Realty agent, said.

Housing Market 468

Housing Market Buyers Agents Marketing 468

Housing Wire

JULY 7, 2022

In Portland, Oregon, for example, one loan officer noted that new listings doubled in the second half of May from 800 to 1,900 new listings. In Seattle, Dan Keller reported 47% of all listings had price reductions. Institutional Investors.

Inventory 418

Inventory Marketing Mortgage Supply Chain 418

Housing Wire

NOVEMBER 16, 2023

On Thursday, investors priced in a 99.7% 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. The 30-year, fixed mortgage averaged at 7.44% as of Nov.

Mortgage 482

Mortgage New Listings Tools Inventory 482

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. increase in new listings, the number of starter houses on the market surged 18.9% Only one metro—Milwaukee—saw a fall in active listings (-4.1%).

New Listings 444

New Listings Bracketing Inventory Buyers 444

Housing Wire

DECEMBER 21, 2022

We have had two historic events that created a waterfall dive in demand recently; we now have precise data showing new listing data declining with those events, which shows how important that data line is to housing demand. Mortgage rates spiked in March, and then the new listing data started to decline at the end of June.

Inventory 531

Inventory New Listings Housing Market Sellers 531

Housing Wire

JANUARY 29, 2024

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. On the bright side, new listings rose 2.2% On Monday, meanwhile, 97.9%

Mortgage 416

Mortgage Inventory Investors Housing Market 416

Housing Wire

JANUARY 20, 2023

During that period, we saw new listing data decline. However, in 2020 new listing data came back, and we don’t want to see the new listings continue to decline this year — that would be a double negative for the housing market.

Inventory 541

Inventory Housing Market New Listings Sellers 541

Housing Wire

JUNE 7, 2022

That’s according to Black Knight , which just released a white paper that studies how long it would take to sell all the homes currently listed for sale in a given market based on a prevailing sales rate, if no new listings are added (a metric it calls “months of remaining inventory”).

Inventory 448

Inventory Housing Market Investors Sellers 448

Housing Wire

SEPTEMBER 30, 2024

I think we’ll see investors in the big markets like Central Florida and Texas looking to unload some underperforming assets. Next week, I’m looking for declines in inventory and new listings in Florida, Tennessee, Georgia, and North Carolina. Hurricane Helene disrupted a big chunk of the country.

Mortgage 459

Mortgage Contracts Inventory New Listings 459

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 found that more than 99% of new listings in March included offers to pay the buyer’s agent.

Agents 468

Agents Real Estate Brokerage Clients 468

Housing Wire

MARCH 19, 2025

At the time of issuing its second CID, the DOJ stated that it believed that the policy restricts home-seller choices and precludes competition from new listing services. However, based on its footnote, the DOJ appears to be reconsidering its feelings for CCP.

Realtors 243

Realtors Legal Sellers Law 243

Housing Wire

NOVEMBER 18, 2022

NAR Research : First-time buyers were responsible for 28% of sales in October; All-cash sales accounted for 26%; Individual investors purchased 16%; Distressed sales represented 1% of sales; Properties typically remained on the market for 21 days in October. We saw new listing data decline when rates got to 6.25% the first time.

Inventory 493

Inventory Marketing Housing Market New Listings 493

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. Price appreciation slows, and homes take longer to sell. This year, the numbers aren’t that straightforward.

Housing Market 488

Housing Market Marketing Inventory Investors 488

Housing Wire

JULY 2, 2024

The 15-year loan might not be that appetizing for investors compared to the 30-year loans lately.“ Data from Altos Research shows that the spring homebuying season has peaked and listings are expected to recede over the latter half of 2024.

Mortgage 448

Mortgage New Listings Government Tools 448

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.

Mortgage 370

Mortgage Construction Inventory Investors 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

APRIL 18, 2024

The one thing that is positive this year which is different than last year is new listing data is rising year over year, nothing spectacular, but it’s a positive story for housing This means we have more sellers that will be buyers in 2024. Historically, going back to 1982, the average inventory range is between 2 and 2.5

Inventory 505

Inventory Housing Market New Listings Buyers 505

Housing Wire

AUGUST 7, 2023

It was at this point in 2022 when new listings started plummeting each week. In September, even though new sellers were few, buyers were even fewer, so inventory rose. Through July, new listings volume each week was in the normal range as in previous years. Suddenly new listings volume dropped each week.

Inventory 369

Inventory New Listings Contracts Sellers 369

Housing Wire

AUGUST 30, 2022

I don’t need to see total active listing get back to the historical range of 2-2.5 New listings are declining now. I am not talking about investors; I am talking about primary resident homeowners. Inventory is always seasonal, but the decline in new listings this year was not what I wanted to see.

Inventory 397

Inventory New Listings Law Housing Market 397

Housing Wire

FEBRUARY 23, 2024

Our data lines here at Housing — which track things weekly — show inventory is growing year over year with new listings growth as well. This is the timeframe where seasonality kicks in for both to go lower and it will be interesting to see where inventory goes this year with the NAR data. From NAR : Total existing-home elevated 3.1%

Inventory 493

Inventory Mortgage New Listings Marketing 493

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 in August.”

Inventory 482

Inventory Housing Market New Listings Mortgage 482

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. Targeting investors and tailoring your real estate prospecting letters to their needs and is very smart.

Real Estate 467

Real Estate Open Houses Brokerage Real Estate Agent 467

Housing Wire

FEBRUARY 23, 2023

The latest economic data, including the job market , consumer spending — which remained robust — and inflation numbers , which displayed unexpected staying power, led investors to bet that the Federal Reserve will continue to raise its federal funds rate through the summer. Even before these data were released, minutes from the Jan.

Mortgage 397

Mortgage New Listings Housing Market Buyers 397

Housing Wire

JANUARY 19, 2024

From NAR: First-time buyers were responsible for 29% of sales in December; Individual investors purchased 16% of homes; All-cash sales accounted for 29% of transactions; Distressed sales represented 2% of sales; Properties typically remained on the market for 29 days. I call it an alligator chart opening its mouth, see below.

Housing Market 493

Housing Market Inventory Contracts Marketing 493

Housing Wire

OCTOBER 10, 2024

In Tampa, data from Altos Research shows that new listings and pending home sales have fallen off a cliff since Milton’s formation. “We Eight of these are in Florida, including the three major metros affected by Hurricane Helene: Cape Coral inventory picked up by 41%, Tampa by 17% and North Port by 14% during the period.

Insurance 375

Insurance Inventory Property Taxes New Listings 375

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

Housing Wire

APRIL 20, 2023

If we are trending below 4 million — a possibility with new listing data trending at all-time lows — then we have much weaker demand than people think. As expected, existing home sales fell from February to March since the previous month’s report was intense. Now if we get a few sales prints above 4.6

Inventory 531

Inventory Housing Market Marketing New Listings 531

Housing Wire

MAY 2, 2022

While we may see some increase in new listings in out-migration markets (such as those in Northeast and northern areas of the Midwest), markets that have experienced strong buyer demand (such as Mountain West and Sand States) are not likely to experience a similar relief. In March, investors made up 28% of single-family home purchases.

Housing Market 397

Housing Market Marketing Buyers Inventory 397

Housing Wire

JUNE 22, 2023

There is a better case that we can get below 4 million if mortgage rates stay high and new listing data starts its seasonal decline in the data. Now for the savagely unhealthy part of the report.

Housing Market 526

Housing Market Marketing Inventory Law 526

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.

Marketing 370

Marketing Housing Market Inventory New Listings 370

Housing Wire

FEBRUARY 21, 2023

NAR Research : First-time buyers were responsible for 31% of sales in January; Individual investors purchased 16% of homes; All-cash sales accounted for 29% of transactions; Distressed sales represented 1% of sales; Properties typically remained on the market for 33 days.

Housing Market 435

Housing Market Marketing Inventory Sellers 435

Housing Wire

OCTOBER 21, 2022

Rates have gone up so fast that new listing data has declined since the end of June; this impacts supply and demand. having rates of 5% and below, you can see why some sellers are hesitant to list their homes and move. It was a savagely unhealthy housing market back in February, and it has just gotten worse and worse.

Housing Market 305

Housing Market Inventory New Listings Mortgage 305

Housing Wire

JANUARY 19, 2023

New home builders were also offering more discounts and/or incentives to sell their remaining housing inventory. New home construction costs were lower than their recent peak but were still above pre-pandemic levels. There also was a significant pullback in investor activity in the single home market.

Inventory 448

Inventory Housing Market Marketing Construction 448

Will Springer Realtor

FEBRUARY 11, 2025

The rate of homes hitting the market was also about one-third stronger than in January 2024 and, at 2533 new listings, it is the most of any January in four years. That is quite a rebound from late 2024 when only 950 listings hit the market for all home types single-family, townhomes and condos combined. since Christmas.

New Listings 50

New Listings Sellers Buyers Inventory 50

Housing Wire

JULY 17, 2023

The market was roaring — way too hot — with bidding wars, speculators and investors who thought they couldn’t lose. Last year if you listed your home in July, you priced at a discount because there were no buyers. In the light red line on this chart, the data shows the rapid price decline of the new listings in the second half of 2022.

Real Estate 369

Real Estate Marketing Inventory Contracts 369