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Housing Wire
JULY 20, 2022
The savagely unhealthy housing market is continuing as we get closer to August. We still have the unhealthy dynamics of noticeable sales declines, but prices are still growing year over year. Sales were down 5.4% And, the median existing-home sales price climbed 13.4%
Housing Wire
MAY 21, 2021
According to the National Association of Realtors, existing home sales for April’s housing market came in at 5,8500,000. This was a miss from estimates and the third straight month of declines in sales. This sales trend looks very normal to me.
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Housing Wire
JULY 29, 2021
Following a robust May, pending home sales declined in June. The overall pending home sales index fell 1.9% The volume of existing-home sales in 2001 was within the range of 5 to 5.5 Regionally, pending home sales in the Northeast increased 0.5%
Housing Wire
MAY 24, 2022
Tuesday, the new home sales report officially put that sector in the penalty box, and we are very close to raising the fifth recession red flag. When new home sales and housing starts begin to fall together, a recession is usually not far away. From Census : Sales of new single?family
Speaker: Mary Maloney, Founder & Team Leader at Hometown Realty
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Housing Wire
JUNE 24, 2022
New home sales beat the headline estimates and had positive revisions. First, we must never forget that the new home sales reports can be very wild month to month and that positive or negative revisions are widespread. From Census : New Home Sales Sales of new single?family
Housing Wire
NOVEMBER 22, 2021
The National Association of Realtors ‘ existing home sales report for October came in at a solid beat of estimates at 6.34 This number is above my trend sales peak of 6.2 million and that means we have had back-to-back existing home sales prints of over 6.2 NAR : Sales fell 5.8%
Housing Wire
JULY 26, 2022
Tuesday’s report on new home sales came in as a miss of estimates and prior revisions were all negative. This data line confirms what we all know to be the case: The housing market, at least as it relates to construction, is in a recession. New home sales. million in sales.
Housing Wire
SEPTEMBER 29, 2021
Today’s pending home sales came in at a big beat of estimates, running at 8.1% One of my main goals for sharing housing sales data in 2021 is to give people a sales trend range to work off this year to know if home sales are doing well.
Housing Wire
JUNE 22, 2021
Almost three months ago, I wrote that based on the year-over-year growth in purchase applications, the housing market should have a few existing home sales under 5,840,000. We ended 2020 with 5,640,000 existing home sales which was only roughly 130,000 more than 2017 levels.”
Speaker: Marki Lemons Ryhal, REALTOR, Keynote Speaker, 4X International Best Selling Author, and Podcaster at ReMarkiTable, LLC
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Housing Wire
OCTOBER 28, 2021
After rising 8% in August, pending home sales dropped 2.3% in September, according to the National Association of Realtor’s pending home sales index report released on Thursday. Top markets for affordable renovated housing inventory.
Housing Wire
FEBRUARY 18, 2022
The National Association of Realtors reported that existing home sales for January came in as a big beat at 6.5 This is well above my peak sales ranges for 2022, as the sales trend forecast was between 5.74 Total home sales for new and existing homes should be at 6.2
Housing Wire
JANUARY 20, 2022
The National Association of Realtors reported that existing home sales for December came in as a miss of estimates at 6.18 This number is in line with my sales range for 2021 of 5.84 million, but a tad higher than my existing home sales range for 2022, which is between 5.74
Housing Wire
JUNE 28, 2022
Mortgage fintechs Sales Boomerang and Mortgage Coach have merged, roughly six months after a Philadelphia-based private equity firm bought a controlling stake in each company. Sales Boomerang monitors customer databases on behalf of lenders to identify when a customer is ready for a new loan.
Speaker: Eric Simon, Founder of The Broke Agent Media | Matt Lionetti, Real Estate Salesperson at The Agency
In this session, The Broke Agent and Matt Lionetti will break down the strategies they utilize to grow their Instagram accounts to over 360,000 and 40,000 followers. They will also discuss vertical video, podcasting, and the importance of producing consistent content!
Housing Wire
NOVEMBER 29, 2021
Today, pending home sales came in as a big beat of estimates — up 7.5% From the National Association of Realtors : “The Pending Home Sales Index (PHSI), a forward-looking indicator of home sales based on contract signings, rose 7.5% million when adding new home sales.
Housing Wire
AUGUST 25, 2021
In Tuesday’s new home sales report from the Census Bureau , monthly supply hit recent highs at 6.2 I focus on the monthly supply as being the most critical data for the new-home market. The new home sales market is a small but essential part of the overall market and the economy.
Housing Wire
APRIL 26, 2021
The effects of low housing inventory continue to cause significant ripples in the housing market, as a recent Redfin report shows home sale prices across the country have reached an average of $344,625 — an all-time high, and an 18% increase year over year.
Housing Wire
JULY 22, 2021
The National Association of Realtors reported existing home sales for the month of June were under their estimates slightly. If existing home sales were getting noticeably weaker, we would expect the sales trend to be around 5.3
Speaker: Ari Capogeannis, Director - Revenue Marketing at NVIDIA and Bill Pappa, Sales and Marketing Leader at Ai Media Group
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Housing Wire
MAY 27, 2021
Like new and existing sales, pending home sales felt the strain of exhausted home inventory in April ? Against a pandemic landscape from last April, however, pending home sales signings are 51.7% The upper-end market is still moving sharply as inventory is more plentiful there.”.
Housing Wire
NOVEMBER 25, 2020
Sales of new homes rose to an annualized rate of 999,000 in October – 0.3% With October’s data in, new home sales have had the strongest three-month stretch since mid-2006, with each month falling just short of 1 million. months at the current sales rate.
Housing Wire
FEBRUARY 28, 2022
On Friday, the National Association of Realtors released its pending home sales data showing a third month of declines. Even though the recent existing-home sales data has been outperforming my expectations , the pending home sales data to me looks more in line with my expectations for 2022.
Housing Wire
DECEMBER 22, 2021
The National Association of Realtors reported that existing home sales for November came in hot at 6.46 This number is above my sales trend peak of 6.2 million, which means we have now had three straight months of sales of over 6.2 Home sales.
Speaker: Paul Moya - CEO, Millennial Labs, and The Go-To Performance Marketing Strategist and Realtor Coach for the Best in the World
Join Paul Moya, CEO of Millennial Labs and the Go-To Performance Marketing Strategist and Realtor Coach for the Best in the World, as he shares insights and information about the importance of understanding a buyer and how their needs change with each generation.
Housing Wire
MAY 25, 2021
Record-high building material prices and a continued lack of labor brought down new home sales in April to a seasonally adjusted annual rate of 863,000 ? April’s new home sales are nearly double that of April 2020’s estimate of 582,000. months at the current sales rate.
Housing Wire
MAY 19, 2022
The National Association of Realtors reported Thursday that existing home sales for April came in at 5.61 million , with double-digit home-price growth driving a housing market that is still savagely unhealthy. We are not taking the unhealthy housing market theme off this marketplace.
Housing Wire
FEBRUARY 19, 2021
Existing home sales rose for the second consecutive month , as January saw a seasonally-adjusted annual rate of 6.69 Sales easily could have been even 20% higher if there had been more inventory and more choices,” Yun said. Yun predicts existing-home sales will reach at least 6.5
Housing Wire
MARCH 23, 2022
month-over-month in January , new home sales were down again in February, decreasing 2.0% Year-over-year, new home sales were down 6.2% At the end of February, an estimated 407,000 new homes were still for sale, which at the current sales rate represents a 6.3
Housing Wire
OCTOBER 21, 2021
Existing-home sales rose 7.0% Despite this increase, sales of existing homes are still down 2.3% The gain in existing home-sales in September reflects contracts signed earlier in the summer,” Mike Fratantoni, MBA SVP and chief economist said in a statement.
Housing Wire
DECEMBER 23, 2021
Today the Census Bureau ‘ s new home sales report came in as a missed estimate at 744,000. This is in contrast to the existing home sales market, which I would say is outperforming. The new home sales marketplace has had a noticeable increase and has stayed higher.
Housing Wire
JULY 13, 2022
Looking at the housing market in the years 2020-2024, one risk i identified early on was that home prices could accelerate more in this period than we saw in the previous expansion if inventory channels broke to all-time lows. housing market as savagely unhealthy.
Housing Wire
MARCH 23, 2022
We finally got mortgage rates to rise, and for people like me who have been concerned about how unhealthy the housing market was last year — and it got a lot worse this year — it’s a blessing that was much needed. First, total home sales should be 6.2 From Census : Sales of new single?family
Housing Wire
MARCH 18, 2022
The National Association of Realtors reported that existing home sales for February came in as a miss of estimates at 6.02 This level is still within my 2022 forecast sales range between 5.74 Last year I discussed sales levels coming back down to 5.84
Housing Wire
JUNE 21, 2022
The National Association of Realtors (NAR) reported that existing home sales for April came in at 5.41 I have stressed that housing doesn’t move like the stock market. Unsold inventory sits at a 2.6-month supply at the current sales pace, up from 2.2
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