Housing Wire

APRIL 18, 2024

Existing home sales fell in today’s report , which isn’t surprising, but one headline that shocked some people was that home prices are still up year over year, even with higher inventory and higher mortgage rates. In an interview today with Yahoo Finance , I discussed how home prices are still rising this year.

Sales 485

Sales Investor Finance Marketing 485

Housing Wire

JUNE 21, 2022

The National Association of Realtors (NAR) reported that existing home sales for April came in at 5.41 But, the savagely unhealthy data line was that home prices are up 14.8%. Now that mortgage rates have risen, demand is getting hit, while we are still showing 14.8% home-price growth data.

Purchase and sale agreement 540

Purchase and sale agreement Marketing Sales Mortgages 540

Housing Wire

NOVEMBER 18, 2022

The National Association of Realtors (NAR) reported today on two trends in existing home sales that we have seen for many months now: sales are declining while total inventory data has fallen directly for the three straight months. NAR Research : Total existing-home sales decreased 5.9%

Days on market 472

Days on market Marketing Sales Mortgages 472

Housing Wire

MARCH 21, 2024

Today’s existing home sales report was a massive beat , similar to what happened last year in this month. Will this mark the high point for sales this year like it did in 2023? This year, we’ve had eight positive purchase application reports and the sales were spread out over two months — last month and this month.

Sales 475

Sales Mortgages Days on market Investor 475

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. Home price s. national home price decline.

Marketing 538

Marketing Mortgages Sales As-is 538

Housing Wire

JANUARY 19, 2024

Today, we saw existing home sales slip a bit month to month, which isn’t surprising to me as purchase application data started its positive run in November. That data line typically looks out 30-90 days for sales — it doesn’t move as fast as some people think. From NAR : Existing-home sales waned 1.0%

Sales 435

Sales Construction Investor Marketing 435

Housing Wire

MAY 26, 2022

Purchase application data, while doing better than I thought it would with rates over 5%, is still negative year over year, and this time it’s real. We had roughly 300,000 more existing home sales in 2020 than in 2019 and 800,000 more in 2021. So, on average, just 500,000 more homes were bought than in 2019.

Construction 510

Construction Bankruptcy Sales House Flipping 510