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Xactus targets lenders through active listing data

Housing Wire

Xactus Wednesday announced its new active listing scan program, which will scan residential addresses for changes in listing status and the average number of days on market for a neighborhood. It’s no secret — today’s market is extremely tight and competitive,” said Michael Crockett, chief data officer at Xactus.

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Is the savagely unhealthy housing market back?

Housing Wire

Just when I thought days on market were returning to normal, that number for existing homes fell back down to 22 days. If the days on the market are at a teenager level or even lower, it’s never a good sign for the housing market. This is why the days on the market are so low historically after 2020.

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Housing Market Tracker: Inventory disappoints again

Housing Wire

but it needs weakness in demand and days on market to grow so inventory can accumulate. Mortgage rates have been in the range of 5.99%-7.14% , however, we do have some issues in the mortgage market. Weekly housing inventory We have two big housing inventory themes in 2023 that must be discussed.

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Housing Market Tracker: Inventory gets summer lift

Housing Wire

More importantly, it showed that the days on market dropped back to the teenager level, which means we are once again in a savagely unhealthy housing market. Nothing good is happening in housing when days on market are so low. Summer is here, and housing inventory is finally growing!

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Bidding wars are starting to cool off

Housing Wire

Although this is a clear sign of a slowing market, housing economists say the changes are along the lines of typical seasonal slowdowns. In addition, with one-third of homes stayed on the market for less than a week and inventory was down 13% from a year prior. . ” Top markets for affordable renovated housing inventory. .”

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Why home-price growth is still up 18% year over year

Housing Wire

While the growth rate is cooling monthly, we are still in a savagely unhhealthy housing market trying to get national inventory levels back to pre-COVID-19 levels. I understand why anti-Central Bank people say this because they want to blame everything on the Federal Reserve and say it’s just been booming demand. million listings.

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Think US home prices are high? At least we aren’t Canada

Housing Wire

housing market follow Canada? housing market follow Canada? In short, the answer is no, we won’t have the type of home-price velocity that Canada has experienced because our housing market is more diverse than theirs. housing market is more tied to mortgage buyers. Home prices in the U.S. look very cheap. Will the U.S.