Housing Wire
JANUARY 20, 2023
During that period, we saw new listing data decline. However, in 2020 new listing data came back, and we don’t want to see the new listings continue to decline this year — that would be a double negative for the housing market. So the fact that we are back to an average of 26 days on market makes me happier.
Housing Wire
AUGUST 30, 2022
However, we haven’t had a credit sales boom like the one we saw from 2002-2005. Total Inventory had been growing from 2001-2005; total listings data in 2005 was at the higher historical range of 2.5 million listings. I don’t need to see total active listing get back to the historical range of 2-2.5 From Redfin.
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Housing Wire
SEPTEMBER 22, 2022
Existing home sales have more legs to go lower, especially now that new listing data is falling. A traditional primary resident seller is also a buyer, which means if they don’t list, they’re not just taking a potential home to be bought off the table — they’re taking a future sale off the books as well. million in August.”
Will Springer Realtor
NOVEMBER 9, 2022
Among all home types in King, new listings have fallen 26% in the past month and existing homes for sale at the start of November were down 8.1% Historically low interest rates brought buyers and investors out of the woodwork for any homes for sale. But the number of new listings in the county is down 18% in the same period.
Will Springer Realtor
OCTOBER 11, 2022
While investors of mortgaged securities help dictate their interest rates, the Federal Reserve is behind the scenes influencing the overall lending environment. We are now seeing “7s” in front of some rates to new mortgage consumers – a figure not seen since April 2002 – causing applications for new loans to hit a 25-year low this month. (
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