Housing Wire
Unsold inventory is rising across the country
It’s the end of May and unsold inventory on the market is increasing across the U.S. Every state in the country has more homes on the market now than a year ago and, in […]
Inventory
Housing Wire
Weekly active inventory growth still too slow
The best housing story in 2024 is that inventory is growing — both active inventory and new listings. With mortgage rates at the current levels, inventory is still below my expectations, but it’s still […]
Mortage News
New Home Sales Benefit from Inventory Issues
Sales of newly constructed homes appear to be benefitting from the very lack of inventory that is stifling existing home sales. July’s sales of pre-owned homes lagged sales a year earlier by more than 16 […]
Mortage News
Does Inventory Really Explain Home Sales Slump?
Almost everyone has said it or heard it: Existing Home Sales are in the toilet because there’s no inventory and there’s no inventory because no one wants to give up their 3% mortgage when rates […]
Housing Wire
Housing Market Tracker: Inventory shocks lower
The slow zombie crawl of housing inventory went lower last week as inventory was negative week to week. In addition, mortgage rates rose to a yearly high as labor data stayed firm and purchase apps […]
Housing Wire
Housing Market Tracker: Inventory is negative YOY
Housing inventory finally broke under 2022 levels last week. To give you an idea how different this year is from last year, last week in 2022, active listings grew 30,940 while this year they only […]
Top News
Florida real estate market: May home sale prices up, inventory down, took longer to sell
Opportunistic is how the May real estate market can be described. People are still moving to the Treasure Coast and buying houses — sometimes above the asking price — even though sale prices are increasing […]
Housing Bubble
Housing market inventory keeps declining and that’s bad news for homebuyers
We’re revisiting housing inventory today because it’s one of the key sticking points that’s keeping home prices elevated and buyers wary. Jerome Powell said last week that housing activity is bottoming and could be improving already — […]
Housing Wire
Housing Market Tracker: Inventory disappoints again
After seeing disappointing inventory growth two weeks ago, which I chalked up to the Memorial Day holiday, I was hoping for a big push in active listings last week, but that didn’t happen. And, the […]
Mortage News
Inventory Woes Help Boost Home Prices in March.
While home prices continue to fall on an annual basis, new data from Black Knight indicates that the trend may not continue beyond the short term. The company’s March Mortgage Monitor shows its seasonally adjusted […]