Housing Wire

DECEMBER 23, 2023

housing market and that they need to be pro-housing again. Even with all the drama we have dealt with in 2022-2023, the housing market stayed intact and never broke. This got tested in 2023 with 8% mortgage rates ; not only did that not happen, but the new listing data was very stable, meaning it was forming a bottom.

Housing Market 538

Housing Market Marketing Inventory New Listings 538

Housing Wire

APRIL 23, 2023

Can we now say that the housing market ‘s spring selling season is finally underway? Here’s a quick rundown of the last week: Active listings rose by 8,546 , and new listing data showed some growth. The red line is where NAR believes a balanced market is, at six months of supply.

Inventory 545

Inventory Housing Market Marketing New Listings 545

Housing Wire

JULY 15, 2024

If we look at the housing market right now, sales are down, new listings are down and prices are decelerating. Good inflation data came in last week, the bond market rallied and mortgage rates took a notable dip below 7% for the first time in months. If so, how should we expect the housing market to react?

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Housing Market New Listings Marketing Mortgage 497

Housing Wire

DECEMBER 4, 2023

Now that Thanksgiving is behind us and December is well under way, we can start looking ahead to the 2024 housing market. New listings and home sales remain low this week while available inventory of unsold homes is finally falling across the country after rising with mortgage rates late into November. housing market in 2024.

Housing Market 505

Housing Market Marketing Inventory New Listings 505

Housing Wire

JANUARY 8, 2024

Could the housing market change and slow again in 2024? The data does not show any slowing on any of the active market metrics. Sellers are coming back There are 499,000 single-family homes unsold on the market now. of the homes on the market have taken a price cut. But, 2024 is starting stronger than last year.

Real Estate 508

Real Estate Marketing Inventory New Listings 508

Housing Wire

APRIL 16, 2023

The seasonal housing inventory bottom evaded us again last week as active listings fell and new listing inventory decreased. Here’s a quick rundown of the last week: Active inventory fell 5,383 last week, and new listing data is still trending at all-time lows in 2023.

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Inventory Housing Market Marketing New Listings 539

Housing Wire

APRIL 30, 2023

The spring housing market music is playing, and purchase application data and active listing inventory rose together last week. Here’s a quick rundown of the last week: Active listing rose 8,260 week to week, down a bit from last week’s gain, but I’m not complaining — anything on the plus side is positive.

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Inventory Housing Market Marketing New Listings 525

Housing Wire

JANUARY 1, 2024

The 2023 housing market faced one of the same roadblocks we saw in 2022: mortgage rates were too high for home sales growth. Every Saturday I publish a weekly housing market tracker with forward-looking data and insights so you can adjust quickly to market conditions. If the 10-year yield gets above 4.25%, the U.S.

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Housing Market Marketing New Listings Construction 531

Housing Wire

APRIL 27, 2024

This isn’t saying too much since 2023 had the lowest recorded level of new listings ever, but it’s still a plus in my book. However, I believe bond traders were expecting something hotter than the month-to-month core CPI print of 0.3%, thus the bond market rallied and sent yields lower. 2022: 19.2%

Inventory 514

Inventory Housing Market Marketing New Listings 514

Housing Wire

JULY 29, 2024

Any sales growth momentum in the real estate market we might have had early in the year is gone. New home sales contracts are coming in pretty consistently fewer than last year — 4.9% Our Immediate sales measure of homes that get listed, take offers and go into contract in a few days is also notably lower than last year.

Housing Market 453

Housing Market Marketing Inventory New Listings 453

Housing Wire

FEBRUARY 12, 2024

Each week — for several months now — inventory levels of unsold homes on the market has been expanding compared to last year. New listings each week, which were record few last year, are growing now. New listings each week, which were record few last year, are growing now. They essentially bypass the active market.

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Sellers Housing Market Buyers New Listings 466

Housing Wire

MAY 7, 2023

Just when I thought it was safe to say we were getting more traditional spring housing inventory , we hit a snag last week, as active inventory and new listings declined. New listing data was trending at all-time lows in 2021 abd 2022 and now it’s creating a new all-time low trend in 2023.

Inventory 505

Inventory Housing Market Marketing New Listings 505

Housing Wire

DECEMBER 10, 2024

The housing market got some much needed relief in the fall when mortgage rates began to drop, but it was short lived. The turbulence in rates has trickled down to individual markets like Cincinnati, where real estate agents say they dont know what to expect from sale to sale. A substantial drop in new listings is a contributing factor.

Housing Market 370

Housing Market Marketing New Listings Sellers 370

Housing Wire

APRIL 9, 2023

The housing market welcomed the news of lower mortgage rates last week after four reports showed that the labor market isn’t as tight as it seems and that the fear of 1970s-entrenched inflation was a lousy narrative. Active inventory rose by 823 single-family homes and new listing data is trending at all-time lows.

Housing Market 540

Housing Market Marketing Mortgage Inventory 540

Housing Wire

MAY 21, 2023

It was a wild ride for the housing market last week! New listings data fell, however, active inventory grew. Here’s a quick rundown of the last week: Total active listings grew by 3,809 weekly, but new listings are still trending at all-time lows. Purchase application data fell 4.8% From the St.

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Housing Market Marketing Inventory New Listings 511

Housing Wire

DECEMBER 9, 2024

Weve now been in the post-pandemic housing market recession market as long as we were in the pandemic boom. As we look into 2025, the question everyone is asking is: Do we have a new era starting? Does the housing market start to get back to normal? But, the market change isnt evenly distributed.

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Housing Market Marketing Inventory Sellers 418

Housing Wire

MARCH 16, 2024

I can’t see the 10-year yield below 3.37% unless the labor market breaks — meaning jobless claims over 323,000 on the four-week moving average. That means I can’t see mortgage rates going below 6%, especially with the spreads being bad, until the labor market or the economy gets weaker. I know it’s not a lot, but growth is growth.

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Housing Market Inventory Marketing New Listings 511

Housing Wire

APRIL 29, 2024

The weekly volume of new listings is now higher than at anytime last year. It’s still April, so there could be as many as eight more weeks of seller growth in the spring housing market. In addition to a higher number of new listings, there were also more new contracts started this week than in any week in 2023.

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Sellers Marketing Inventory Contracts 508

Housing Wire

JULY 9, 2023

This is truly a savagely unhealthy housing market as we have too many people chasing too few homes. The weekly active listing data had a rare week-to-week decline. The other big story in housing has been that new listing data has been trending at the lowest levels recorded in history for 12 months. If we start from Nov.

Inventory 501

Inventory Housing Market Marketing New Listings 501

Housing Wire

JUNE 18, 2023

Active housing inventory grew while new listing data fell. This dynamic changed the housing market from one where home sales were crashing to one that is now stabilized. 9 is a critical date because that’s when the housing market turned. 9 is a critical date because that’s when the housing market turned.

Housing Market 505

Housing Market Marketing Inventory New Listings 505

Housing Wire

JULY 1, 2024

Inventory , new listings, etc. New listings volume peaked a few weeks ago. While there won’t be a big drop off for new listings in July, we can assume we’ll have fewer sellers each week through the rest of the year. housing market as we’re now in the second half of the year. Inventory up 1.8%

Real Estate 434

Real Estate New Listings Inventory Marketing 434

Housing Wire

JANUARY 5, 2023

The 2022 housing market was savagely unhealthy , with all-time lows in inventory leading to massive bidding wars and price spikes until the Fed put a screeching halt to all of it with rate hikes that resulted in the most significant one-year spike in mortgage rate history. How I look at rates is intertwined with how I look at the bond market.

Housing Market 543

Housing Market Marketing Inventory New Listings 543

Housing Wire

OCTOBER 8, 2024

The strength of the storm has prompted officials to call for an evacuation, one that has already had a stark impact on the city’s housing market. Data from Altos Research shows that new listings and pending home sales have fallen off a cliff since the storm’s formation. New listings in Tampa were at 775 on Sept.

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Housing Market Insurance Marketing Real Estate Agent 459

Housing Wire

JULY 3, 2024

Today’s housing market suffers from affordability issues due to mortgage rates in the 7s and high home prices. People are quick to panic over any part of the housing market that looks stressed, fearing we’ll see 2008 levels of destruction all over again. Why choose 2011?

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Housing Market Marketing New Listings Contracts 385

Appraisal Buzz

OCTOBER 3, 2024

“Sellers, especially those who are locked into a low rate, have been waiting for market conditions to change,” said Danielle Hale, Chief Economist, Realtor.com. September 2024: National Housing Metrics Median listing price : (Change over September 2023: -1.0% Metros with Highest Increase in New Listings in September 2024 1.

Marketing 418

Marketing New Listings Sellers Advertising 418

Housing Wire

APRIL 5, 2024

Against that backdrop, Zillow identified prime markets for first-time homebuyers , and half of them were nestled in the Midwest. The increase in new listings this spring, due both to new construction and to more homeowners choosing to sell, will give buyers more options and help to ease price growth.

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Housing Market Marketing Training New Listings 481

Appraisal Buzz

NOVEMBER 22, 2024

Demand for “have-it-all” properties and the “forever dream home” will shape this spring’s luxury housing market, according to the Coldwell Banker Global Luxury 2024 Mid-Year Trend Report , which forecasts growing optimism among affluent consumers and an influx of desirable inventory. Among specialists, 32.8% elections. “A

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Buyers Luxury Properties Marketing Inventory 417

Housing Wire

JUNE 15, 2024

I got one good crumb from the Fed meeting that made me smile: Powell finally admitted that the labor market isn’t tight anymore, which is a beneficial statement for rates down the line if the labor data gets weaker. As most sellers are buyers, seeing more sellers listing their homes has been good.

Mortgage 508

Mortgage Inventory Marketing New Listings 508

Housing Wire

AUGUST 26, 2024

Unsold inventory in the two biggest housing markets in the country, Texas and Florida, declined this week. This probably reflects seller discouragement in a low-demand market, pulling their listings to wait until next year. real estate market as of mid-August 2024. There are fewer homes for sale now than a week ago.

Inventory 468

Inventory Marketing Sellers New Listings 468

Housing Wire

OCTOBER 7, 2024

Ironically, a strong employment situation in the country drives the bond market to higher rates. The purchase market is slower to respond, and the data now is still showing the positive impact of lower rates of recent weeks. The median price of all the homes on the market is now $440,000, that’s unchanged from last year.

Housing Market 476

Housing Market Marketing Mortgage Contracts 476

Housing Wire

MAY 28, 2024

“We have an excellent tug-of-war on rates now because people have wised up to the fact that the labor market isn’t tight anymore, and the Fed doesn’t seem like it wants to get ahead of the curve on a softer labor market,” HousingWire lead analyst Logan Mohtashami said. “So,

Mortgage 473

Mortgage Marketing Inventory New Listings 473

Housing Wire

DECEMBER 16, 2024

As the year draws to a close, available unsold inventory of homes on the market is nearly 27% greater than a year ago. Almost every market in the country has more homes available now than at the end of 2023. A few states have more homes on the market now than any time in the last eight to 10 years.

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Inventory Housing Market Marketing Sellers 368

Housing Wire

JANUARY 22, 2024

According to Zillow ’s annual predictions, Indianapolis will be the fourth-hottest real estate market of 2024, thanks to its solid economy, housing inventory, affordability and pent-up demand. The top three spots in the ranking were Buffalo, New York, and Cincinnati and Columbus, Ohio. The real estate market As of Jan.

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Housing Market Marketing Logistics Real Estate 468

Housing Wire

DECEMBER 17, 2024

Its hard to imagine something more disruptive to a housing market than a hurricane. 9, housing markets in the Tampa area came to a complete halt as sellers took their homes off the market. 9, housing markets in the Tampa area came to a complete halt as sellers took their homes off the market.

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Housing Market Marketing New Listings Real Estate Agent 261

Housing Wire

JANUARY 9, 2023

The housing market saw inventory fall 4% last week from the week before. Traditionally, we do see housing inventory fall in the month of December, however, we clearly saw in the second half of 2022 that higher rates created more days on the market and inventory was lingering longer. That’s a big one-week change.

Inventory 542

Inventory Housing Market Marketing New Listings 542

Housing Wire

JULY 6, 2024

This is precisely what the doctor ordered for the housing market. In March of 2022, we only had 240,000 active single-family homes available for sale, leading me to call the housing market savagely unhealthy as we simply had too many people chasing too few homes. Last week, we returned close to recent lows.

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Housing Market Mortgage Inventory Marketing 476

Housing Wire

NOVEMBER 6, 2023

held up in 2023, sales volume in the housing market cratered. If we get lucky with mortgage rates, though, we might just be at the bottom of the housing market recession right now. To get the weekly picture of the housing market, watch the video above. of the homes on the housing market have had a price cut. Plus, 39.2%

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Housing Market Marketing Inventory Contracts 516