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Housing inventory fell last week, but it won’t derail the spring bump

Housing Wire

Weekly housing inventory data — both active inventory and new listings — are prone to one-week moves that deviate from a trend, especially if people are going Easter egg hunting. So, the fact that active inventory and new listings data fell last week isn’t a big deal. However, for now, this is a plus for the U.S. 2022: 17.6%

Mortgages 451
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Housing Market Tracker: Inventory disappoints again

Housing Wire

history to find the seasonal bottom this year — all the way to April 14, which is highly abnormal. As you can see in the chart below, the inventory growth has been so slow that if the current trends continue, we will show negative year-over-year inventory prints. First, it took the longest time in U.S. From the St.

Marketing 502
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Baird & Warner partners with data provider RealReports

Housing Wire

The news comes on the heels of the Keyes Company ’s partnership with RealReports in October 2023. The collaboration is designed to allow all of Baird & Warner’s 2,000-plus agents to benefit from RealReports’s wide-ranging property data. by drawing from more than 30 data providers.

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11 Twitter accounts to help you stay up-to-date on the housing market

Housing Wire

The timeline moves about as quickly as the news does, which is why it can be such a valuable resource for those trying to keep up with current events. Dr. Lautz’ research focuses on analyzing trends for both NAR members and housing consumers. Retweet-worthy individuals to follow for housing market updates.

Marketing 461
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Mortgage applications slump after rates surge to 23-year high

Housing Wire

. “The purchase market slowed to the lowest level of activity since 1995, as the rapid rise in rates pushed an increasing number of potential homebuyers out of the market,” Joel Kan, MBA’s vice president and deputy chief economist, said in a news release.

Mortgages 478
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Key housing markets are starting to buck national trends: Redfin

Housing Wire

In Texas and Florida , however, key market signals show diverging trends. Tampa, Orlando, Houston, San Antonio and Jacksonville all had price-cut shares of at least 33%. Out-of-town homebuyers no longer see Florida as a place to get amazing value,” Eric Auciello, a Tampa-based Redfin sales manager, said in a news release.

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Mortgage rates decline amid expectation of economic slowdown  

Housing Wire

Meanwhile, at HousingWire ’s Mortgage Rates Center , Optimal Blue ’s 30-year fixed conforming mortgage rate was trending even lower at 6.22% as of April 5, down compared to 6.44% the previous Wednesday. The rate is calculated using actual locked rates with consumers across 42% of all mortgage transactions nationwide.

Mortgages 462