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Real Estate Rundown November 2024
November 01, 2024
Despite high mortgage rates and election uncertainties, U.S. home sales remain unexpectedly active. Pending home sales saw annual increases in September and October, driven by a brief drop in mortgage rates. However, mortgage rates have since rebounded above 7%, which may dampen activity moving forward.
Real Estate Rundown October 2024
October 01, 2024
The U.S. housing market has shown resilience despite higher mortgage rates and declining sales, with home prices remaining relatively stable due to low inventory and steady demand. A recent Federal Reserve rate cut has boosted mortgage applications and demand, leading to an increase in new listings. A...
Real Estate Rundown September 2024
September 01, 2024
The U.S. housing market is showing signs of slowing down, as reflected in multiple indicators. Home price growth continues to stall, with the S&P CoreLogic Case-Shiller U.S. National Home Price Index rising only 0.2% in June, and annual price growth slowing to 5.4%. Pending home sales fell 5.5% in Jul...
Real Estate Rundown August 2024
August 01, 2024
In June, existing home sales fell by 5.4% to an annual rate of 3.89 million, and the total housing inventory increased by 23.4% from the previous year, though affordability challenges persisted for first-time buyers. The Federal Reserve kept interest rates unchanged at 5.25% to 5.5%, with potential ra...
Real Estate Rundown July 2024
July 01, 2024
Mortgage rates dipped to 6.86%, the lowest in three months, fostering optimism for homebuyers amid expectations of further declines through summer. Despite a 4.6% decline in pending home sales, May witnessed an uptick in listings and reduced monthly housing costs, with the average 30-year fixed mortga...
Real Estate Rundown June 2024
June 01, 2024
Based on the provided summaries, here is a very short summary of the blog Could The Market Be Balancing To A Buyer’s Market. The real estate market, currently a seller's market, is moving towards balance with increased housing supply and high mortgage rates. The market shows signs of equilibrium but s...
Real Estate Rundown 2024
May 01, 2024
Despite a slight decline in median prices, strong demand supported by favorable demographics and a robust labor market drove this increase, contrasting sharply with declining existing home sales. Factors such as looser financial conditions and builder incentives contributed to this uptick in sales. Ho...
Real Estate Rundown April 2024
April 01, 2024
The latest analysis of mortgage rates indicates a slight decline attributed to mixed signals from Federal Reserve officials and the absence of new data. Meanwhile, Redfin's latest report highlights a significant increase in the total number of homes for sale in the U.S., rising by 5% during the four w...
Elevate Spring Success with Best Data & Clean Mailing Lists
March 13, 2024
A good, clean mailing list is the key to a successful direct mail campaign. In this podcast, we sat down with Anchor's Senior Executive, Jonathan Witt, to discuss our partnership and how we've created stringent data cleansing and validation processes to ensure MovingLeads.com provides the industry's b...
Real Estate Rundown March 2024
March 01, 2024
The U.S. housing market in early 2024 is characterized by cautious optimism amidst fluctuating mortgage rates, with hopes for a drop in rates to refresh activity. Low existing home supply sustains demand for new homes, although uncertainties persist regarding economic sustainability. Meanwhile, a sig...
Understanding The Homeowner's Timeline: A Guide for Targeted Pre-Mover Marketing
February 07, 2024
Significant impact of homeowners' moving decisions on their spending habits and the multitude of services required for a successful move. It stresses the importance for businesses serving homeowners to launch targeted marketing campaigns during the selling and moving process to tap into this market ef...
Real Estate Rundown February 2024
February 01, 2024
The housing market is showing signs of thawing after a challenging period, with significant drops in mortgage rates. Housing inventory slightly increased from a year ago, but the supply remains tight, impacting market dynamics. The U.S. experienced an 8.0% increase in sales of newly built, single-fami...