How homebuilders are competing in this crazy market

Housing Wire

The state of the market means increased competition among homebuilders, who are grappling with how to keep prices affordable as their own costs rise. The post How homebuilders are competing in this crazy market appeared first on HousingWire.

Fannie Mae reports rising confidence in housing market

Housing Wire

Following two months of steady declines, Fannie Mae’s Home Purchase Sentiment Index (HPSI), a composite index designed to track the housing market and consumer confidence to sell or buy a home, rose in January. Is the housing market recovering?

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COVID-19 remains “wildcard” in 2021 housing market

Housing Wire

Additional lockdowns and quarantines due to COVID-19 could put a dent in housing inventory and sales, potentially slowing down the market and putting increased pressure on buyers, the forecast said. Realtor.com forecasts that 2021 will continue to be a robust seller’s market.

Invest in real estate, not the stock market

Housing Wire

The stock market is a funny game. The stock market is at an all-time high, finishing 2020 at record levels. But these gains are a temporary disguise, masking the true future of a volatile market. A homebuyer’s guide to a competitive housing market. The stock market.

Even with low inventory, expect a strong 2021 housing market

Housing Wire

Total home sales are outpacing new listings by a wide margin every month, and real estate tech company Homesnap foresees the shortage continuing in 2021 unless more sellers enter the market. The post Even with low inventory, expect a strong 2021 housing market appeared first on HousingWire.

Housing market outlook for 2021…and beyond

Housing Wire

With it behind us, let’s look ahead at several housing market trends that are likely in 2021 and beyond. Get $75 off your initial membership with coupon code “intro75” The post Housing market outlook for 2021…and beyond appeared first on HousingWire.

The housing market outlook for 2021

Housing Wire

Get $75 off your initial membership with coupon code “intro75” The post The housing market outlook for 2021 appeared first on HousingWire. Magazine Mortgage Real Estate 2021 forecast Housing market outlook HWplus MBAThere is no place like home.

The last stand for forbearance housing market crash bros?

Housing Wire

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.

The Hawaii housing market heats up

Housing Wire

That trend is holding true for the housing market in Hawaii, located about 2,500 miles west of the mainland. But the rising costs aren’t deterring buyers from the Hawaii housing market, with many buying sight-unseen. “I That’s kind of the hottest market, I would say.”.

Will we have a buyer’s housing market in 2021?

Housing Wire

If you’re looking to buy a home, you’ll stand the best chance in a buyer’s housing market, where listings are flush, demand is low and buyers have the upper hand — not to mention most of the negotiating power. Seller’s markets, on the other hand, are on the opposite side of the spectrum.

Compass losing money, gaining market share

Housing Wire

The post Compass losing money, gaining market share appeared first on HousingWire. The numbers are in: Compass lost $270 million in 2020, and the residential real estate brokerage generated $3.7 billion in revenue.

Homes in Boise, Idaho are “flying off the market”

Housing Wire

1 midsized housing market to watch in 2020 , according to Zillow, because of its draw for young professionals, families, and retirees alike. The demand is clear — the Boise housing market has just 0.3 Especially if a home has acreage, it will “fly off the market.”.

2021 housing market outlook: No signs of slowing

Housing Wire

2020 has been a remarkably strong year for the housing market. Incredibly, next year’s housing market outlook is poised to be much stronger. The market should shatter that pace in 2021, potentially hitting 6.9

RedfinNow launches in Phoenix housing market

Housing Wire

Phoenix is the first market RedfinNow has launched in 2021, following the launch of San Francisco and Seattle early last month. RedfinNow is entering an already crowded market, joining the likes of Zillow , Opendoor and Keller Offers as well as bridge solutions like Knock Home Swap.

Purchase market will highlight closing process problems

Housing Wire

But now that it’s all but certain we are coming into a true purchase market, the unknown and uncertainty that is the period prior to close will once again come under more scrutiny. With a purchase market, of course, comes higher production costs and weaker margins. Let’s admit it.

The Luxury Market Is Attracting Buyers in 2021

Keeping Current Matters

In their most recent Luxury Market Report , the Institute for Luxury Home Marketing (ILHM) shares: “In a snapshot of 2020, despite the devasting effects of the coronavirus pandemic, the luxury real estate market has seen one of its strongest years since 2008.

The housing market is hot, but not in a bubble

Housing Wire

Days on market fell from 36 days to 21 days on a year-over-year basis. The housing market is hot. You may be told that future moderation indicates “cracks in the housing market, but don’t buy into it.

First-time homebuyers fueling hot Des Moines housing market

Housing Wire

The Des Moines housing market has had a record-setting year for home sales, which local Realtors credit to low mortgage rates, the work from home phenomenon and Des Moines’ affordable lifestyle. Housing inventory in the Des Moines housing market is tight.

What to expect from the 2021 housing market

Housing Wire

From this stronghold I have been able to see past the chaos and view the economy and the future of the housing market through the lens of my core economic principles. million, my number for an outperforming market. Here’s what I think that means for the 2021 housing market.

Luxury housing market inspires ‘total frenzy’ in vacation boom towns

Housing Wire

And while real estate agents repping luxury homes aren’t seeing as many bidding wars as they did this summer , their respective housing markets are still crazy right now. Miami Realtor Ines Flax, with One Sotheby’s International , said her housing market is heating up this winter.

Knock offers Home Swap in Jacksonville, Florida, market

Housing Wire

Before expanding to Jacksonville, Home Swap opened in the Miami, Fort Lauderdale and West Palm Beach, Florida markets in early December. During that time, the company said it had plans to expand into 21 markets by mid-2021.

Sellers Are Returning to the Housing Market

Keeping Current Matters

In today’s housing market, it can be a big challenge for buyers to find homes to purchase, as the number of houses for sale is far below the current demand. Now, however, we’re seeing sellers slowly starting to come back into the market, a bright spark for potential buyers.

2021 housing market forecast: It’s about politics, not economics

Housing Wire

At the same time, the housing market has shown surprising resilience , with price growth and home sales rising to new heights. Without renewal, our housing market forecasts show 2021 could highlight the underlying economic damage from the pandemic. housing market was spared catastrophe.

Knock Home Swap expands presence in Florida market

Housing Wire

Knock ’s Home Swap solution is now available in three new markets in Florida: Homeowners in Miami, Fort Lauderdale and West Palm Beach can buy their next home before selling their current one. Knock entered the Florida market in October. with plans to expand to 21 markets by mid-2021.

Three reasons there won’t be a 2021 housing market crash

Housing Wire

housing market bottomed and then after about nine weeks, began to climb again, with purchase applications making a full V-shaped recovery by early June. But it takes more than the housing data moderating back to trend to crash the market. 2020 came, and with it COVID-19.

Knock Home Swap solution enters the Florida market

Housing Wire

Knock Home Swap has expanded into Orlando, Florida and Tampa, Florida, its first markets in the Sunshine State. In these markets Home Swap will be offered through Keller Williams Realty of Central Florida , Keller Williams LeHeup Group and Keller Williams Suburban Tampa – The Chadwick Group.

A look at Nevada’s exploding housing market

Housing Wire

As the end of the year approaches, the country is still feeling the pinch of an economic crisis amid the COVID-19 pandemic – but interestingly enough, several states are enjoying a boom in their respective housing markets. Housing Market Real Estate Featured HWplus

Beware of gloom and doom housing market crash headlines

Housing Wire

I’m talking about housing market crash headlines. These dramatic peaks and valleys in the data have fed the demons of greed and fear that infest the minds our extreme housing bulls and the fierce housing market bears – leading to equally wild speculations about the future of U.S.

We need higher mortgage rates to cool the housing market

Housing Wire

The post We need higher mortgage rates to cool the housing market appeared first on HousingWire. The years 2020-2024 will have the best housing demographics ever recorded in U.S. history, with the lowest mortgage rates recorded in history.

Will the WFH trend affect the housing market after COVID?

Housing Wire

And if WFH does stick, what will the consequences be for the housing market? Note that the last time rates moved lower, total inventory also went lower – because more folks wanted to get into the market. The post Will the WFH trend affect the housing market after COVID? Economics Housing Market Amazon COVID-19 pandemic Demographics millennial homebuyer work from home

2021 housing market forecast: What will fuel home sales?

Housing Wire

Get $75 off your initial membership with coupon code “intro75” The post 2021 housing market forecast: What will fuel home sales? Housing Market Real Estate 2021 forecast Featured home sales HWplus migrate Migration

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5 tips for buying a home in a seller’s housing market

Housing Wire

There’s no doubt we’re in a seller’s housing market. With inventory at record lows, demand surging and prices on the rise, buying — even just finding — a home in today’s market is quite the challenge. Are you hoping to buy a home in 2021’s hot housing market ?

DataTrace launches market insight platform for title companies

Housing Wire

DataTrace Information Services announced on Thursday its launch of MarketView – a platform that will provide title companies with accurate market insights including existing market share.

Title 247

Deephaven Mortgage re-enters non-QM market

Housing Wire

Although this issuance is much smaller than the typical balance from Deephaven (about $400 million per MBS in 2019 and beginning of 2020), this officially marks its return to the market. In fact, overnight, non-QM disappeared from the market.

COVID couldn’t stop the U.S. housing market in 2020

Housing Wire

This also closed the books on 2020’s housing market as we finished out the year at 5,640,000 total existing-home sales — a 5.6% The COVID crisis of 2020 was responsible for a lot of abnormal metrics in the housing market. housing market in 2020 appeared first on HousingWire.