Remove 2022 12 what-every-seller-should-know-about-home-prices
article thumbnail

Mortgage rates, inventory and demand rise as price cuts fall

Housing Wire

Housing inventory, new listing data and mortgage rates are all rising, but the price cut data percentages are falling. Traditionally at this time of year purchase apps rise and the number of price cuts fall. 12-19) : Inventory rose from 505,223 to 506,414 Same week last year (Jan. So far, so good in 2024.

Mortgages 539
article thumbnail

Housing Market Tracker: Inventory gets summer lift

Housing Wire

I would feel much better about the inventory situation if we added an additional 3,000-8,000 houses to the weekly data line from current levels. But, last year saw the biggest home sales crash ever recorded in history, so the rise in inventory last year happened because of an abnormal event and we were working from a very low bar.

Marketing 410
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Home Buyer Frustration Will Increase in 2022

Hank Miller Team

It’s with a MASSIVE dose of “we think” that we offer our latest opinions (12/16/21) for the first quarter of the 2022 North Atlanta real estate market. It's not a rosy outlook; expect home buyer frustration to increase in 2022. So what's in store for home buyers and sellers that have to make a move this spring?

article thumbnail

Specter of the S&L crisis haunts today’s mortgage market

Housing Wire

In 1980, some 4,000 savings and loan institutions (S&Ls or thrifts) accounted for about half of the nation’s $960 billion in outstanding home mortgages at that time. So far in 2022, he added, “there are over 25 already, and the pace is picking up.”. We get calls every day on that basis,” he added. Past is Present.

Mortgages 361
article thumbnail

How to Become a Real Estate Agent in Illinois (IL) in 5 Steps

Housing Wire

How getting a real estate license in Illinois is different from other states While most states call the professional who represents a buyer or a seller of commercial or residential real estate a “real estate agent,” Illinois calls this individual a “real estate broker.” 2] DID YOU KNOW? DID YOU KNOW?

Agents 384
article thumbnail

A Changing 2022 Florida Real Estate Market Forecast: What’s Still to Come

HomeLight

Visit HomeLight’s 2022 Housing Trends Hub for information on how to navigate a shifting market — whether you’re a seller, buyer, or homeowner. Everything from inflation and interest rates to new migration patterns, inventory, and more could reshape the Florida housing market in 2022. Johnson, Ph.D.,

article thumbnail

How Is The Downtown Rental Market?

Toronto Realty Blog

TorontoRealtyBlog Remember when the market was red-hot, there were 15-20 offers on every listing with an “offer date,” and listing agents got fed up with buyer agents calling and asking about the price expectations? ” There was some debate here on TRB about whether or not this is a fair business practice. .”