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Can first-time homebuyers afford homes today?

Housing Wire

The monthly Realtors Confidence Index is an essential measure of what real estate professionals are seeing in their local markets and how the market is evolving on a monthly basis. The National Association of Realtors Research Group has produced the index since 2008, a time of turbulence in the real estate market.

Realtors 406
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Why housing inventory is so low right now

Housing Wire

The big theme of my housing work since 2010 has been that the housing market would have its weakest recovery from 2008 to 2019 because we simply built too many homes versus the real demand curve, and monthly supply proves that. Then we had an 82% crash in new home sales, and the weakest new home sales recovery ever after 2010.

Inventory 494
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Why housing inventory is so low right now

Housing Wire

The big theme of my housing work since 2010 has been that the housing market would have its weakest recovery from 2008 to 2019 because we simply built too many homes versus the real demand curve, and monthly supply proves that. Then we had an 82% crash in new home sales, and the weakest new home sales recovery ever after 2010.

Inventory 404
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High Financing Hurdles Lead to Low Housing Activity in Seattle/King County

Will Springer Realtor

The market is spooking many potential buyers and sellers thanks to stubbornly high mortgage interest rates. Only buyers and sellers who must move are doing so. As the number of buyers with mortgage financing diminish, the ratio of all-cash purchasers has risen to 30%, according to the National Association of Realtors®.

Finance 68
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What has Been the Impact of COVID-19 on the Real Estate Market?

Boston Appraisal

COVID-19 Impact on Buyers and Sellers These low loan rates are pushing buyers to risk virus exposure in search of better housing. This is good news for sellers who have suffered from a stagnate market during the first quarter of 2020. This was the lowest level since July, 2010 and is part of a three-month decline in sales.

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What has Been the Impact of COVID-19 on the Real Estate Market?

Boston Appraisal

COVID-19 Impact on Buyers and Sellers. This is good news for sellers who have suffered from a stagnate market during the first quarter of 2020. This was the lowest level since July, 2010 and is part of a three-month decline in sales. During the height of the pandemic, new home construction ground to a halt.

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Mostly Positive Start to 2024 Housing Activity in Seattle/King County

Will Springer Realtor

Annual sales across King County totaled 21,515 homes – down an incredible 24% from the year before and the fewest since 2010 (20,761). People are seeking to move on as they experience life-changing moments – if they can afford what sellers are seeking. It’s too soon in the year to determine how supply and demand will shake out.