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Housing Inventory

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Pending home sales rise again as buyers capitalize on more inventory

December 30, 2024 by bp56691
The National Association of Realtors reported that pending home sales jumped 2.2% month over month and 6.9% year over year in November.
Categories Housing Inventory, Housing Market, Mortgage Rates, national association of realtors, Pending Home Sales

Rising inventory is the most positive housing market story in 2024

December 28, 2024 by bp56691
Rising inventory is the most positive housing market story in 2024
The most positive development in the housing market over 2024 has been the increase in active housing inventory,
Categories Housing Inventory, Housing Market, Housing Market Tracker, Mortgage Rates, New listings, Purchase Applications

Housing market data positive despite Powell’s Grinch act

December 21, 2024 by bp56691
Housing market data positive despite Powell’s Grinch act
Fed Chairman Jerome Powell played the Grinch last week, but there are plenty of positive signals in the housing market data headed into 2025.
Categories Federal Reserve, Housing Inventory, Housing Market, Housing Market Tracker, Mortgage Rates, Purchase Applications

Two charts that explain why Texas housing markets have stalled

December 21, 2024 by bp56691
Two charts that explain why Texas housing markets have stalled
Relatively cheap housing, low taxes, looser COVID-19 restrictions and an influx of major employers turned Texas housing markets into hotspots after the pandemic began in March 2020. 
Categories Altos Research, Austin, Dallas, Home Prices, Housing Inventory, Housing Market, Houston, San Antonio

Housing inventory is down everywhere except in pandemic hotspots. Here’s why.

December 19, 2024 by bp56691
Housing inventory is down everywhere except in pandemic hotspots. Here’s why.
Housing inventory shortages have stifled the market for years, but supply is rising in states that experienced inbound migration spikes during the pandemic.
Categories Altos Research, California, Covid-19, Data & Visuals, Housing Inventory, Housing Market, New York

What rising inventory means for the 2025 housing market

December 16, 2024 by bp56691
What rising inventory means for the 2025 housing market
As the year draws to a close, available unsold inventory of homes on the market is nearly 27% greater than a year ago.
Categories Altos Research, Data & Visuals, Home Prices, Home Sales, Housing Inventory, Housing Market

Housing demand resilient even with higher mortgage rates

December 14, 2024 by bp56691
Housing demand resilient even with higher mortgage rates
Despite higher mortgage rates last week, housing demand is displaying some festive resilience as we are seeing a seasonal bounce.
Categories Housing Inventory, Housing Market, Housing Market Tracker, Mortgage Rates, Purchase Applications

Will 2025 finally be a ‘normal’ housing market?

December 9, 2024 by bp56691
Will 2025 finally be a ‘normal’ housing market?
The slight growth in new listings, seeing a slight growth in home sales is an optimistic view of the housing market for 2025.
Categories 2025 Housing Market Forecasts, Altos Research, Home Prices, Housing Inventory, Housing Market, Yahoo Finance

Housing demand still showing double-digit growth

December 7, 2024 by bp56691
Housing demand still showing double-digit growth
Last week, we witnessed a Santa Claus rally in mortgage rates amid improved housing demand. What will happen in the next few weeks?
Categories Housing Inventory, Housing Market, Housing Market Tracker, Mortgage Rates, New listings, Purchase Applications

Is there a housing inventory ‘silver tsunami?’ Not where it’s needed

December 7, 2024 by bp56691
Is there a housing inventory ‘silver tsunami?’ Not where it’s needed
Zillow data suggests that places where senior-owned inventory is reentering the market will not adequately address the U.S. housing shortage.
Categories Florida, Housing Inventory, Housing Market, Reverse, South Carolina, Zillow
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