Housing Wire

JUNE 18, 2023

This dynamic changed the housing market from one where home sales were crashing to one that is now stabilized. As you can see in the chart below, the collapse of the purchase application data has stalled out, and if this didn’t happen, we would be having a different conversation about the housing market today. 6% for a year.

Mortgages 498

Mortgages Marketing Sales Banks 498

Housing Wire

JULY 9, 2023

This is truly a savagely unhealthy housing market as we have too many people chasing too few homes. bond market doesn’t see a job-loss recession happening soon. The labor market remains healthy as long as jobless claims trend below 323,000 on the four-week moving average. The 10-year yield is close to yearly highs as the U.S.

Mortgages 493

Mortgages Marketing Banks As-is 493

Housing Wire

MAY 18, 2023

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. million, up from 1.03

Marketing 539

Marketing Mortgages Sales Days on market 539

Housing Wire

SEPTEMBER 7, 2023

Freddie Mac‘s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 7.12% as of Sept. Rates should continue to come down from their peaks, as the inflation and the jobs market are cooling, said Bright MLS Chief Economist Lisa Sturtevant.

Mortgages 460

Mortgages Fixed-rate mortgage Marketing MLS 460

Housing Wire

APRIL 30, 2023

The spring housing market music is playing, and purchase application data and active listing inventory rose together last week. The market is a bit calmer now than when Silicon Valley Bank failed , evident in how the stock and bond markets traded this last week. While the labor market is getting less tight, it’s not broken yet.

Marketing 523

Marketing Mortgages Banks Sales 523

Housing Wire

SEPTEMBER 10, 2023

over the last three months and were 55% below that of August 2022, according to Black Knight ’s August originations market monitor report. Current housing market dynamics continue to put a damper on mortgage demand. Rate lock volume fell 1.5% Overall lock volumes were down 9.5%

Mortgages 482

Mortgages Marketing Loans Closing 482

Housing Wire

APRIL 23, 2023

Can we now say that the housing market ‘s spring selling season is finally underway? The red line is where NAR believes a balanced market is, at six months of supply. As you can in the chart below, the monthly supply data shows we have no forced selling action in the housing market today, unlike the 2006-2011 period.

Mortgages 545

Mortgages Marketing Sales As-is 545

Housing Wire

JULY 5, 2023

In its third year, HousingWire’s Marketing Leaders award is recognizing the marketers in housing who represent the brains and creativity behind the growth and success of their organizations. This year’s list includes a diverse group of marketing minds who come from many different aspects of housing.

Marketing 370

Marketing Mortgages MLS Brokerage 370

Housing Wire

JUNE 11, 2023

but it needs weakness in demand and days on market to grow so inventory can accumulate. Purchase application data Purchase application data has been critical to my work on gauging actual demand for the year and how it should look for the next year if we have a material change in the markets.

Mortgages 521

Mortgages Marketing Banks Days on market 521

Housing Wire

MAY 7, 2023

Even though the labor market is currently showing signs of getting softer , there is no job-loss recession yet. As you can see in the chart below, there is a big difference between the current housing market and those looking for a repeat of 2008. Mortgage rates in a regular market should be 5.25% today but are at 6.5%.

Mortgages 498

Mortgages Marketing Banks Loans 498

Housing Wire

MAY 28, 2023

And on Wall Street, many traders were short the bond market, meaning that a lot of speculative trades were made betting that bond yields would quickly go higher. Since the banking crisis started, the mortgage market has gotten increasingly stressed , and the recent debt ceiling issues didn’t help.

Mortgages 518

Mortgages Purchase and sale agreement Marketing Banks 518

Housing Wire

SEPTEMBER 5, 2023

Despite difficulties in the mortgage market at large, non-QM lenders are seeing growth and opportunity. We are not seeing a similar volume trajectory as the agency market.” They would rather invest money in the housing market than in the stock market,” he said. billion in 2023, an increase from $2.1 billion last year.

Loan Officer 403

Loan Officer Marketing Lending Loans 403

Housing Wire

APRIL 20, 2023

Nominations for HousingWire’s Marketing Leaders award are now open through Friday, April 21, 2023. For the past three years, the HW Marketing Leaders award has recognized elite marketing execs in housing who have pushed their businesses to the top via innovative marketing strategies, creative campaigns and purpose-driven programs.

Marketing 388

Marketing Industrial Technology As-is 388

Housing Wire

DECEMBER 26, 2022

Starting this week, I will analyze weekly data in a Housing Market Tracker article every Monday to provide a status update on the U.S. housing market and economy. The housing market is one sector that can turn positive or negative very quickly depending on mortgage rates or one-time shocks like we saw with COVID-19.

Marketing 513

Marketing Mortgages Sales Banks 513

Housing Wire

JANUARY 4, 2023

This article is part of our 2022 – 2023 Housing Market Forecast series. At its recent December meeting, the Federal Open Market Committee validated each of those points by slowing the pace of increase, showing a higher terminal rate and reiterating the fact that they will stay higher longer, which, of course, disappointed the markets.

Marketing 531

Marketing Mortgages Sales Construction 531

Housing Wire

SEPTEMBER 14, 2023

If an agent wants to find software to help them market their business, they’ve got over 100 candidates — which means evaluating options, comparing features and identifying exactly what they’re going to need from that software in the long run.

Earnest money deposit 430

Earnest money deposit Marketing Agents Mortgages 430

Housing Wire

JUNE 4, 2023

The 10-year yield and mortgage rates We had a keystone cops week with the bond market and mortgage rates. However, we do have some issues in the mortgage market. Getting better spreads can send mortgage rates back to the low 6% level without any help from the bond market. We’ll see how the market responds to that.

Mortgages 451

Mortgages Marketing Banks As-is 451

Housing Wire

JULY 2, 2023

We have often discussed that the housing market dynamics changed starting Nov. This is one data line I will track like a hawk because it will be a negative for the housing market if this data line makes a noticeable year-over-year decline trend in the second half of 2023.

Mortgages 468

Mortgages Marketing Sales As-is 468

Housing Wire

APRIL 9, 2023

The housing market welcomed the news of lower mortgage rates last week after four reports showed that the labor market isn’t as tight as it seems and that the fear of 1970s-entrenched inflation was a lousy narrative. This week’s trading in the bond market will be exciting with the upcoming inflation data.

Mortgages 540

Mortgages Marketing Sales Banks 540

Housing Wire

MAY 5, 2023

Is the labor market finally normalizing? Jobs Friday data came in as a beat of estimates, but the labor market is clearly starting to come back to earth, killing the fear of 1970s wage spiral inflation. Part of my COVID-19 recovery model on the labor market was that job opening should reach 10 million in this recovery.

Marketing 493

Marketing Mortgages Banks As-is 493

Housing Wire

AUGUST 17, 2022

Articles about rates, housing inventory and inflation were among our most popular, including: Purchase mortgage rates fall same week as Fed rate hike New home sales make it clear, housing is in a recession The nation’s housing market is on a correction course.

Marketing 417

Marketing Mortgages Equity Lending 417

Housing Wire

APRIL 16, 2023

2021: 66,836 2022: 67,567 2023: 49,045 Compare our current new listing data to weekly new listing data in previous years when we had a more normal housing market: 2015: 94,470 2016: 86,608 2017: 78,886 The NAR data going back decades shows how difficult it’s been to get back to anything normal on the active listing side.

Mortgages 539

Mortgages Marketing Sales Banks 539

Housing Wire

AUGUST 14, 2023

Local housing markets is a HousingWire magazine feature spotlighting housing trends and data across the country. I absolutely love the Columbia Basin and the reason is that we are a unique market. “I I absolutely love the Columbia Basin and the reason is that we are a unique market. A score of 30 denotes a balanced market.

Marketing 370

Marketing Agents Mortgages Inspection 370

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. How I look at rates is intertwined with how I look at the bond market.

Mortgages 543

Mortgages Marketing Sales As-is 543

Housing Wire

MAY 23, 2023

While it’s not as clear how long-lasting the rebound will be, it does still provide some much-needed good news for the spring and summer housing market. Data from NAR also shows a home price correction in nearly one-third of the 221 markets it tracks in the first quarter of 2023. million in February and was at 4.3 million in April.

Marketing 441

Marketing Mortgages Sales As-is 441

Housing Wire

JULY 13, 2022

Top podcasts: · State of the housing market June 2022. · Continuing in the theme of technology’s impact on originating, this piece from Calyx discusses how to create a path for success in today’s market, highlighting the value of employing an LOS that allows lenders to focus on their bottom lines. CFPB to review QM rule.

Marketing 403

Marketing Mortgages Title Technology 403

Housing Wire

JULY 20, 2023

The savagely unhealthy housing market continues as existing home sales are near record lows, and the days on the market are still at a teenager level, with home prices rising in 2023. Ladies and gentlemen, this was the fear and now the reality of the savagely unhealthy housing market. million in June 2022). million, down 13.6%

Marketing 370

Marketing Mortgages Sales Days on market 370

Housing Wire

MAY 21, 2023

It was a wild ride for the housing market last week! Now if the economy gets weaker, meaning the labor market sees a noticeable rise in jobless claims, then the 10-year yield should break under 3.21% , going all the way to 2.72%. The market will pay more attention to that than economic data this week. From the St.

Mortgages 506

Mortgages Marketing Sales As-is 506

Housing Wire

MAY 14, 2023

The rise of active listings in this spring housing market reminds me of a zombie slowly rising from its grave. When you consider that a home seller is a natural homebuyer as well, you can see why the housing market broke after mortgage rates went on a roller coaster last year. Can you imagine the housing market at that point?

Mortgages 475

Mortgages Marketing Sales As-is 475

Housing Wire

AUGUST 21, 2023

You mindset impacts your real estate success and successful agents are looking toward the future, no wallowing in the uncertain market. The time is now to understand the market and some of the trends. Market perception: “Smart agents have stopped complaining about the market ,” Tom notes. and Canada market.”

Agents 370

Agents Marketing Branding Technology 370