Housing Wire

JULY 2, 2023

Housing inventory finally broke under 2022 levels last week. Since May 15, that trend has continued to the point that inventory in America is now negative year over year. We have often discussed that the housing market dynamics changed starting Nov. However, I need to put some context into what happened in 2022.

Marketing 450

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Housing Wire

MARCH 15, 2022

HousingWire: Let’s start with a bang Logan, will the inventory crisis end this year? HousingWire: Let’s start with a bang Logan, will the inventory crisis end this year? The goal for inventory is to get back to 1.52-1.93 The goal for inventory is to get back to 1.52-1.93 housing market.

Sales 426

Sales As-is Equity Mortgages 426

Housing Wire

OCTOBER 31, 2022

From the WSJ article: “ U.S. households still have around $1.7 ” For my economic work, household balance sheets were better during the last expansion than prior to the housing collapse. As we can see below, the bankruptcy levels were extremely high before the bankruptcy law was passed in 2005.

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Housing Wire

FEBRUARY 8, 2021

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? We know the current status of the housing market in America is vigorous, if not hot. Here’s how to find property owners ready to sell.

Marketing 544

Marketing Equity Loans Mortgages 544

Housing Wire

MAY 3, 2022

Logan Mohtashami: Yes, purchase application data has always been a useful forward looking indicator for housing, especially when we are dealing with higher mortgage rates. We only have three very mild negative year-over-year prints for all the hype of housing crashing back then. This Q&A was originally hosted on April 20th.

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Housing Wire

SEPTEMBER 21, 2022

Before the pandemic, the historical average of annualized house price growth was approximately 4%. Yet, pandemic-era dynamics exacerbated an already large housing demand and supply imbalance, fueling record-breaking annual house price growth, peaking at nearly 21%. The tailwinds. percentage points, more than any other age group.

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Equity Mortgages Lending Marketing 450

Housing Wire

MARCH 31, 2022

Are we headed to a housing bubble? The Dallas Fed on Thursday published an article titled: Real-Time Market Monitoring Finds Signs Of a Brewing U.S. Housing Bubble. The online reaction was immediate — housing must be about to crash. For the housing bubble 2.0 I disagree with this conclusion. Let me explain.

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Bankruptcy Lending Mortgages Title 527

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. Retail sales have been off the charts, job openings are at 11 million, GDP growth picked up big time and jobless claims hit a level last seen in 1969. What a year 2021 has been.

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Marketing Equity Construction Bankruptcy 531

Toronto Realty Blog

JANUARY 11, 2024

Forget about the fact that most of these “new” listings are re-lists from last fall, but the fact that my gut instinct is not to scroll down and look at the specs, but rather to see if this property is truly new or a re-list, tells you all you need to know about the quality of inventory out there. Any new developments?

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Fixed-rate mortgage Banks Mortgages Construction 73

Toronto Realty Blog

OCTOBER 23, 2023

But I would like to introduce the concept of “freedom” as we delve into the debate about how and if the prevalence of AirBnB rentals is exacerbating the housing crisis in Canada. All this is necessary, apparently, in the government’s quest to solve the housing crisis. I believe in many freedoms.

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Realty Biz

FEBRUARY 14, 2023

Are you unsure of what to expect from the housing market in 2023? As a homeowner, however, it’s hard to relax if you’re worrying about what the housing market might look like this coming year despite those hopeful predictions. Sit tight as we delve into all of this and more about the expected stability of the housing market for 2023.

Marketing 101

Marketing Mortgages New Construction As-is 101

Housing Wire

JUNE 18, 2023

Mortgage rates were near 7% last week but purchase applications were still able to pull out an 8% week-to-week gain. Purchase apps were coming off a four-week losing streak and even though those were mild week-to-week declines, it was still four weeks of weakness. The recent growth broke that streak, but demand is still low.

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Marketing Mortgages Banks Sales 482

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. Inventory always falls in the fall and winter, but I hoped it wouldn’t be a repeat of 2020. Houston, we have a problem.

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Toronto Realty Blog

MAY 5, 2023

For the most part, I would still disagree with thoughts to the contrary, but every so often, somebody voices an opinion that disagrees with mine, and I think, “Huh. This tax has proved to be a fantastic failure, in a long line of fantastic financial failures from all three levels of government. The readers responded in kind.

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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. Today, however, the purchase application data is actually down to levels we saw in 2009 ! housing market.

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Construction Bankruptcy Sales House Flipping 518

Housing Wire

DECEMBER 20, 2021

Even in the extreme conditions of COVID-19, my general premise on housing economics predicted that the two variables with the most influence — demographics and mortgage rates — would hold up the housing market. With those two factors still very much in play, here is my 2022 forecast. The 10-year yield and mortgage rates.

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Mortgages Sales As-is Marketing 543

The Close

AUGUST 18, 2022

Real estate prospecting letters—letters agents send to buyers, FSBO, FRBO and Expired listing homeowners—are still one of the best ways to generate leads in 2022. For this article, we pulled together 19 of the best real estate prospecting letters to help you connect with buyers, FSBOs, newly divorced homeowners, expired listings, and more.

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The Residential Specialist

AUGUST 28, 2020

Housing priorities are shifting due to COVID-19. As a result, housing priorities have shifted among buyers and renters alike. Photo: iStock.com/Cemile Bingol/Amanda Goehlert. By Kathleen Hagan. In the early 2010s, many cities across the U.S. experienced growth as the economy began to recover from the Great Recession. A bonus room.

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Marco Santarelli

SEPTEMBER 6, 2020

Now, as we know, the coronavirus crisis has cost many their jobs. Passive income is money that is usually (but not always) received regularly without any or only little effort. There are thousands of best passive income ideas you can come across on the internet for earning monthly residual income. What is Passive Income?

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Lending Loans Investor Branding 135

Toronto Realty Blog

SEPTEMBER 7, 2023

My goal of completing both posts by the start of the long weekend was never even close, but at least it came in handy as an excuse when I really, really needed to get out of the house on Monday. On Tuesday, we looked at the first four “Burning Questions” for the fall market, and inventory was one of them. True story.

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Marketing Land Development Banks 80

Marco Santarelli

SEPTEMBER 8, 2023

This peak was associated with the housing boom that preceded the 2008 financial crisis. saw 5 million housing transactions completed, marking a decrease from the previous year when 6.12 saw 5 million housing transactions completed, marking a decrease from the previous year when 6.12 thousand transactions annually.

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Sales Land Development Marketing 98

The Close

FEBRUARY 2, 2024

The reasons are simple: strong job markets (plus the ability to work remotely), more space, housing is more affordable, and (typically) one finds a slower pace of life. The reasons are simple: strong job markets (plus the ability to work remotely), more space, housing is more affordable, and (typically) one finds a slower pace of life.

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Industrial Construction New Construction Development 56

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. As sellers backed out amid growing uncertainly and health crises, the Greater Austin area continued to feel the stark effects of this crisis. to $325,200.

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Marketing Residential Investor Sales 141

Marco Santarelli

OCTOBER 2, 2020

This article has been updated to reflect recent changes in the Atlanta real estate market due to COVID-19. Metro Atlanta housing market has experienced a smooth recovery by far. The market has not only returned to pre-COVID-19 levels in the Housing Recovery Market Index of Realtor.com but it has also surpassed January's baseline by 7.8

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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. I've since added more information and insights as the situation unfolds. I'm sorry about the length of this piece but please read on. The White Paper That Started It All. Mayor Bill de Blasio gave it his blessing as well.

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Development Investor Residential Land 98

Marco Santarelli

SEPTEMBER 10, 2021

Cincinnati is a sizzling hot housing market due to low housing inventory and relatively higher demand. 2021 started strong with an increase in home-buying activity in the Greater Cincinnati housing market. 2021 started strong with an increase in home-buying activity in the Greater Cincinnati housing market.

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Marco Santarelli

AUGUST 5, 2020

Here are the updated national housing market trends— home prices, inventory, sales, and forecast. If you're wondering what the state of the housing market 2020 will be like over the next twelve months, especially if you're an investor, then here is some good news for you. Unsold inventory sits at a near 4.0-month

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Toronto Realty Blog

NOVEMBER 12, 2021

TorontoRealtyBlog. Did I ever tell you that I was really into magic as a child? Name a child that wasn’t , right? Whether it was a magician snapping his fingers and creating smoke, or clapping their hands and creating fire, I loved the small elements of magic. The moment that magic died for me was some time in the early 1990’s.

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Development Land As-is Construction 86

Toronto Realty Blog

JANUARY 1, 2022

” Prices are rising, affordability is falling, inventory is low, bla, bla, bla. The onset of the pandemic in 2020 absolutely brutalized the rental market, and the market has still not made back those gains. With movement like that, it won’t be long before rental prices have exceeded pre-pandemic levels.

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Construction Investor Equity Land 100

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. Even with the market virtually shutting down, there isn't a great drop in the open house attendance or sales activity. July was a great month for the Seattle housing market.

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Marketing Investor Sales As-is 141

Marco Santarelli

AUGUST 21, 2020

As we enter into the 3rd quarter of 2020, Miami remains a buyers' market and investors need to capitalize on this advantage while it is still there. After getting hammered by the pandemic, the Miami and South Florida housing market bounced back in July. Months Supply of Inventory was 4.3 respectively. Lucie (20.5%). Typically 6.5

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Marketing Investor Sales As-is 126

Marco Santarelli

JULY 29, 2020

Portland buyer traffic increased about 40% from March but it was still down about 30% from April of the previous year. Portland buyer traffic increased about 40% from March but it was still down about 30% from April of the previous year. The latest “PORTLAND HOUSING MARKET REPORT” is given below. In April, things improved a bit.

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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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Housing Wire

MAY 28, 2023

Active housing inventory , thankfully, saw some decent growth last week. Here’s a quick rundown of the last week: Active inventory grew 8,914 week to week, even though new listing data is still trending at all-time lows in 2023. Purchase application data had a second straight week of declines.

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Mortgages Purchase and sale agreement Marketing Banks 509

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. The City of Chicago’s inventory is down 12.0%, from 10,343 homes in July 2019 to 9,104 homes in July 2020.

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Marketing Sales Investor As-is 140

Marco Santarelli

AUGUST 18, 2020

What is it doing to the Boston housing market? The lack of housing supply is evident in the inventory data for June. Will The Boston Housing Market Collapse? Furthermore, this makes the next twelve months a great time to buy in the Boston housing market, if you have the cash to do so. year-over-year.

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Marketing Purchase and sale agreement Investor Sales 124

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. housing markets like Seattle.

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Marketing Purchase and sale agreement Investor Sales 128