Housing Wire

DECEMBER 29, 2021

A bullish housing market. economic recovery was a false story and that we were about to embark on a second housing bubble crash due to forbearance. economy continue to recover from the lows of April of 2020, but the 2021 economic data shows it has been one of the hottest years in many decades. What a year 2021 has been.

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Marketing Equity Construction Bankruptcy 533

Housing Wire

MAY 9, 2022

Home prices in the U.S. have been skyrocketing since 2020, however, I often like to remind people that no matter how crazy home-price growth is in America, at least we aren’t Canada. When it comes to home prices — and especially home prices compared to income — our neighbors up north are like Godzilla to our gecko.

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Short sale Mortgages Equity Sales 530

Housing Wire

FEBRUARY 8, 2021

million homes remain in forbearance and can therefore be considered at risk. Forbearance will have to end at some point, and when it does, couldn’t all these homes flood the housing market at once, driving prices down and scaring would-be homeowners away from purchasing? This means home price growth is getting too hot!

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Marketing Equity Loans Mortgages 544

Housing Wire

MARCH 28, 2022

For example, my home price growth forecast for 2022 was between 5.2% – 6.7%; at first, that looked like it was too small. Due to this reality, I have downgraded the housing market from unhealthy housing to a savagely unhealthy housing market. HousingWire: How will rising rates affect new home construction?

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Marketing Construction Equity Mortgages 368

Calculated Risk Real Estate

DECEMBER 29, 2023

Some of these questions concern real estate ( inventory, house prices, housing starts, new home sales ), and I’ll post thoughts on those in this newsletter (others like GDP and employment will be on my blog). 10) Housing Inventory: Housing inventory decreased sharply during the pandemic to record lows in early 2022.

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Mortgages Construction As-is Loans 77

Realty Biz

AUGUST 4, 2022

Realty Biz News : The housing market of the last few years has been characterized by a frenzy of activity and a cauldron of emotions. We don’t talk about a market downturn or bubble; we refer to the shift in the market and what we’re seeing as a result of the shift. The strategy is to keep the home from getting stagnant.

Marketing 88

Marketing Staging Days on market Finance 88

Housing Wire

JUNE 27, 2023

New home sales are up 20% year over year, and existing home sales are down 20% year over year; this is something we don’t see very often. One group has the advantage here while the other doesn’t: The new home sales market is minuscule versus the existing one, and the builders sell their homes like a commodity.

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Sales Construction As-is Mortgages 508

Toronto Realty Blog

AUGUST 13, 2021

This week, an interesting article came out in the National Post: “The Great Real Estate Cool-Down Has Come” Danny Sinopoli. TorontoRealtyBlog. Do you watch basketball? I don’t. That book is comprised of printed Excel spreadsheets that I have made myself and continuously update. That’s nuts. It’s crazy.

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McKissock

SEPTEMBER 7, 2021

I have no idea, but there will be warning signs, and that’s what this blog article is about. Additional indicators can be some of the factors that led up to the last market bust; there are plenty of articles online with which to familiarize yourself. Of course there is. ” When will the market correction arrive?

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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. This data comes from the recent existing home sales report which has been outperforming lately.

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Days on market Loans Mortgages Sales 538

Housing Wire

JULY 26, 2022

Tuesday’s report on new home sales came in as a miss of estimates and prior revisions were all negative. This data line confirms what we all know to be the case: The housing market, at least as it relates to construction, is in a recession. However, for the new home sales sector, it would put their business model at risk.

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Sales Construction Mortgages Title 504

Housing Wire

JANUARY 26, 2022

Today the Census Bureau ‘ s new home sales report came in as a beat of estimates at 811,000. The headline beat surprised many people, but the report’s internals show negative revisions for the previous months. The bearish take on housing for the second half of 2021 didn’t really pan out, especially in the new home sales sector.

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Housing Wire

MAY 26, 2022

It’s an excellent time to discuss housing inventory. The housing market shifted in March of this year. As the 10-year yield broke above 1.94% and mortgage rates rose, we saw the impact on housing data. This week’s purchase application data showed week-to-week growth of 0.2%. I don’t believe housing inventory below 1.52

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Construction Bankruptcy Sales House Flipping 522

Housing Wire

NOVEMBER 23, 2022

Today new home sales beat estimates , and new home median sales prices hit an all-time high. Hopefully, I can make sense of this report, which showed the home sales beat estimates with prices still at all-time highs. Census Bureau and the Department of Housing and Urban Development.

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Housing Wire

DECEMBER 23, 2020

Reports on housing data are headline-driven, and headlines are designed to cause folks to overreact in both positive and negative ways. But, we hadn’t seen that moderation in any meaningful way until today’s new home sales data. Exponential growth in any housing market data will eventually moderate.

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Toronto Realty Blog

DECEMBER 14, 2020

Those long-term readers among you will recall the length of these “year-end” blog posts. What started as one post many years ago spawned into two. And what may have been a “Top Ten” list at one point or another has been reduced to a top five. It’s the end of the year! I asked, “Is 54% not enough?”

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Purchase and sale agreement As-is Debt-to-income ratio Marketing 113

Calculated Risk Real Estate

NOVEMBER 8, 2023

Two years ago, in November 2021, I wrote Inventory will Tell the Tale and recounted how changes in housing inventory had helped me forecast the housing market at several key points. And I track inventory and sales for 40+ local markets each month. Speculative bubbles can go on and on. I watch inventory closely.

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Calculated Risk Real Estate

DECEMBER 12, 2023

In this 2-part overview of the housing market for mid-December, I’ll discuss new and existing home inventory and sales, house prices, mortgage rates, rents and more. From Realtor.com: Providing a boost to overall inventory, sellers turned out in higher numbers this November as newly listed homes were 7.5%

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The Close

DECEMBER 6, 2023

If you are considering becoming a real estate agent, this article is for you! But if you think that creating your own schedule means less work time, I’ll be the one to burst your bubble and tell you that is not necessarily true. You will also want to block availability for appointments and showings. Or perhaps not move forward.

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Miller Samuel INC

MARCH 19, 2019

An earlier version of this post appeared in my weekly Housing Notes, March 15, 2019 edition. The majority of new development units purchased as non-primary were rented out which is why the high-end rental market was crushed by all the new development condo sales by investors. I'm sorry about the length of this piece but please read on.

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Marco Santarelli

SEPTEMBER 8, 2023

Historical Home Sales The market for existing home sales in the United States has witnessed significant fluctuations and trends over the years. Let's delve into the data and trends regarding existing home sales in the U.S. Highs and Lows The highest number of existing home sales in the U.S.

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Toronto Realty Blog

DECEMBER 14, 2022

As you saw with #5, which was the three posts offered by Matthew, Chris, and Tara, there’s a bit of bias showing, since those probably weren’t the “best” posts of the year. 1) The “Problem” In Our Housing Market. 1) The “Problem” In Our Housing Market. That was a year in which Ms.

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Development Purchase and sale agreement As-is Marketing 81

Notorious ROB

JULY 14, 2022

I spent the last month or so trying to understand the view that higher interest rates, leading to higher mortgage rates, will tame the crazy housing market. And this article from yesterday titled “ With home sales down, why are home prices still up? housing market as savagely unhealthy.

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Toronto Realty Blog

DECEMBER 13, 2021

I look at the feedback from the readers (good or bad; both show interest). If they refuse to inform buyer agents exactly how many registered offers are on the house, even though that’s their duty, then there’s no “real estate police” to come along and enforce the rules. I look at the number of comments.

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Marco Santarelli

AUGUST 10, 2020

Austin housing market has been impacted by the pandemic which led to a decline in home sales due to critically low levels of housing inventory. After two months of sharp declines, home sales in the Austin-Round Rock MSA rebounded this June with a 9.3% year over year to 17,043 home sales.

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HomeLight

AUGUST 31, 2021

Don’t let the pristine facade or shiny appliances of a model home deceive you: buying new construction will be as complex as any old real estate transaction, if not more so. And don’t forget about rising materials costs and builder escalation clauses that could add thousands to a home’s base price. Source: (Andrej Lišakov / Unsplash).

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Notorious ROB

FEBRUARY 2, 2022

His article did get me thinking further about what these things actually mean for real estate, to use Sam’s phrase, “in practice.” Why would people pay so much for items which don’t exist in physical form? He’s a very thoughtful guy, and it’s obvious that he’s done his homework on this post.

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Title Technology MLS Land 82

Marco Santarelli

SEPTEMBER 7, 2021

If you're considering purchasing a home in Tacoma, Washington as an investment opportunity, you must read this entire article. The second largest city in a state is frequently a better investment than the largest, as demand is strong but not so high that investors fear being priced out of the market or trapped in a bubble.

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Marketing Investor As-is Sales 105

Marco Santarelli

JULY 27, 2020

This article has been updated to reflect recent changes in the housing market of Sacramento due to the coronavirus pandemic. The Sacramento housing market remains healthy and strongly skewed to sellers. In May, the median sales price decreased by 1.3% In June, the median sales price increased 5.1%

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Notorious ROB

JUNE 12, 2022

That brings us to the third horseman of the housing apocalypse: recession on the horizon, or the war against wages and those who depend on paychecks to pay their bills. That brings us to the third horseman of the housing apocalypse: recession on the horizon, or the war against wages and those who depend on paychecks to pay their bills.

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Marco Santarelli

AUGUST 27, 2020

The Las Vegas housing market is literally on fire amid the pandemic. The economic uncertainty and massive job losses directly affected its housing market as well. There is no downturn happening in the local housing market. There is no downturn happening in the local housing market. Closed sales increased by 34.9

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Marketing Purchase and sale agreement Investor Sales 128

Marco Santarelli

AUGUST 26, 2020

Despite the economic downturn and disruptions stemming from the coronavirus pandemic, the Seattle housing prices are keeping strong and steady. The Seattle real estate market showed a lot of resilience and is poised to recover the decline in sales, especially in the context of the slowdown experienced in April and May.

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Marketing Investor Sales As-is 141

Marco Santarelli

SEPTEMBER 22, 2020

The Chicago housing market recorded positive month-to-month and year-over-year increases in both prices and sales, reversing two months of declines in sales, a great sign that the market is bouncing back from the COVID-19 pandemic. percent from July 2019 sales. percent from July 2019 sales. percent from July 2019.

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Marketing Sales Investor As-is 140

Marco Santarelli

SEPTEMBER 14, 2020

The Dallas housing market has recovered from the impact of the Coronavirus pandemic. The real estate sales showed signs of recovery in July. The number of homes sold within Dallas County has shown a double-digit increase of 20.7% The Metro Dallas houisng market also faces a shortage of available homes with just 2.5

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Marketing Investor Sales As-is 135

Marco Santarelli

DECEMBER 16, 2020

Texas gets attention as the home to several of the fastest-growing and appreciating markets in the country. Oklahoma is one of the hottest housing markets in the nation. There was already a shortage of housing supply, then when the pandemic showed up in March, many sellers decided to take their properties off the market.

Marketing 119

Marketing Purchase and sale agreement Investor As-is 119

Marco Santarelli

SEPTEMBER 12, 2021

The real estate statistics in Columbus show us that while construction is increasing, inventory is still scarce because of increasing demand. This is leading to a steady year-over-year increase in the Columbus house prices. Let’s continue to explore the Central Ohio housing market to understand the latest trends. However, 12.6%

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Marketing Purchase and sale agreement Investor Sales 97

Marco Santarelli

SEPTEMBER 5, 2020

Even after suffering from the pandemic, the Phoenix housing market 2020 still comes out on top. The Greater Phoenix area was also predicted to be among the top housing markets in the year 2020. It could only pause sales, which in turn created a huge pent up demand. The demand for housing has completely outpaced the supply.

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