Housing Wire

AUGUST 1, 2023

Even as mortgage rates rose, and affordability was pushed out of reach for many potential homebuyers, there are still sufficient buyers who can afford these prices and these rates. After the mortgage rate spike in September 2022, we got significantly more bearish on home prices for 2023. If mortgage rates increase to the 7.5%

Inventory 337

Inventory Contracts Buyers Mortgage 337

Housing Wire

FEBRUARY 16, 2023

The truth is that if mortgage rates fell below 5.875% and kept going lower, everyone’s housing predictions would need to be revised this year because the builders can sell their homes with lower mortgage rates. economy isn’t in recession today, and mortgage rates have risen almost 1% from the recent lows.

Construction 465

Construction Housing Market Inventory Mortgage 465

Will Springer Realtor

MAY 9, 2023

Falling new inventory is constraining transaction volumes while also supporting higher home prices. It’s a dynamic not often seen in our area and it – along with stubbornly high mortgage interest rates – has generated a rollercoaster ride of data that would make Six Flags jealous. between May 2007 and January 2012.

New Listings 59

New Listings Inventory Buyers Sellers 59

Will Springer Realtor

OCTOBER 10, 2023

First a look at September’s numbers: A wave of last-chance listings for the year hit the market after Labor Day. That increased new listings by 7.5% (2884) and available homes on the market by 12% (3602) between Sept. Seattle alone saw a 29% (1213) monthly increase in new listings. 1 and Oct. on the year.

Buyers 64

Buyers Inventory Sellers Housing Market 64

Appraisal Today

AUGUST 25, 2023

NOTE: Please scroll down to read the other topics in this long blog post on non lender appraisals, MLS hacked, appraisers and real estate agents, Humor, unusual homes, mortgage origination == Massive Missouri Lake Winnebago House for $12.6M But the MLS is also finding new benefits in its partnership with RPR®. percent from 13.8

Appraisal 76

Appraisal Real Estate Agent Agents Real Estate 76

Will Springer Realtor

JULY 11, 2023

The county saw the combined number of single-family, townhome and condo listings increase in June by 4.4% While that percentage may appear strong, it’s nothing compared to the April-to-May rise of 18%, signaling a probable cooling of new listings in the future. New single-family-home listings rose 3.8%

Housing Market 36

Housing Market Buyers Inventory Real Estate 36

Will Springer Realtor

JANUARY 11, 2023

The number of new listings for all home types – single-family, townhomes and condos combined – in King (887) fell 47% from November and declined 36% from December 2021. Homes going under contract (Pending sales) dropped 25% from the previous month and 30% year-on-year (YoY) – staggering drop-offs. baths in 11,104 sq.

Housing Market 36

Housing Market Contracts Architecture Buyers 36