Housing Wire

OCTOBER 11, 2022

There’s a showdown at the housing market corral between homebuyers and sellers. Inventory, which has been falling for years, broke to all-time lows in 2020. We didn’t have a seasonal push in inventory in 2020, and things worsened in 2021. The only time this happened was 2006-2011 — the housing bust years.

Sellers 498

Sellers Inventory Housing Market New Listings 498

Housing Wire

OCTOBER 1, 2022

As reported in the latest NAR Existing-Home Sales , inventory still remains in tight supply, which means homes are still moving at a fast past despite the recent rise in rates and home prices. In comparison, in 2011, homes took 96 days to sell. .

Realtors 385

Realtors Housing Market Marketing Buyers 385

Hank Miller Team

JANUARY 23, 2023

understand that it's not the spring of 2011. While rates were certainly favorable, the lack of inventory resulted in a punishing home buying experience. The current market slightly favors sellers but it's nothing like it was. Listing inventory drops during the pandemic with the seasonal bump in '21. It's not 2011.

Buyers 98

Buyers Inventory Agents Contracts 98

Lamacchia Realty

JANUARY 25, 2024

It kept inventory down, which propped up prices, but sales are down nearly 22%, and buyers are hungry. A year later, still no crash, which had more to do with the decrease in inventory than the decrease in sales. A lot of it had to do with anemic inventory. Average prices for closed sales increased by 3.4% Sales Decline by 21.7%

Inventory 69

Inventory Sellers Contracts Buyers 69

Housing Wire

DECEMBER 3, 2020

months worth of housing inventory, which is the lowest ever, the report from Keller Williams said. Notably, in 2011, existing home prices in Ada County were at $160,113. They bid $750,000 and again at $775,000, which the seller said would work. Now, in 2020, median existing home prices are at $410, 414.

Marketing 531

Marketing Realty Realtors Housing Market 531

Lamacchia Realty

JANUARY 25, 2024

As interest rates sought to stabilize following their sharp decline in 2020, both buyers and sellers had to acknowledge the end of the era of historically low pandemic-induced rates, and the beginning of higher monthly mortgage payments. The decline in inventory has made it impossible for prices to decrease due to demand.

Inventory 57

Inventory Sellers Buyers Real Estate 57

Lamacchia Realty

JANUARY 25, 2024

This scarcity in inventory exerted upward pressure on prices, although it coincided with a 19% decline in sales. Despite this decline, motivated buyers were out there trying to secure a home while also trying to navigate lower affordability and low inventory. Average prices for closed sales increased by 7.2% Sales Decline by 18.9%

Inventory 52

Inventory Sellers Buyers Contracts 52

Housing Wire

APRIL 20, 2023

months’ worth of housing inventory in the U.S. For some historical context, back in 2011, this data line was 101 days. NAR: Total housing inventory registered at the end of March was 980,000 units, up 1.0% Unsold inventory sits at a 2.6-month We only have 2.6 That is where we are today in America. economy.

Inventory 523

Inventory Housing Market Marketing New Listings 523

Housing Wire

MAY 26, 2022

It’s an excellent time to discuss housing inventory. How can housing inventory be so low today when it skyrocketed back in 2009? As you can see below, the inventory keeps falling from 2014 levels, and even with the weakness in demand this year, we are nowhere close to 2013 levels, let alone 2018 levels. What is going on here?

Inventory 504

Inventory Housing Market Construction Marketing 504

Lamacchia Realty

DECEMBER 26, 2023

ANTHONY LAMACCHIA'S 2024 REAL ESTATE MARKET PREDICTIONS Anthony is obsessed with tracking the data and in this article written at the end of 2023 he explains how the market is shaping up based on trends and what Buyers and Sellers can expect in 2024. Second, sellers can only hold off for so long. It’s simply fascinating to see.

Sellers 74

Sellers Real Estate Buyers Inventory 74

Will Springer Realtor

DECEMBER 8, 2021

from a year ago and at a level not seen since 2011. Who said this is a sellers’ market? The typical first-time buyer was 33 years old, while the repeat-buyer age rose to an all-time high of 56. >> Sellers are probably celebrating, as the return on investment in their homes skyrockets. Monthly inventory stands at 0.4

Sellers 36

Sellers Marketing Supply Chain Construction 36

Lamacchia Realty

JANUARY 30, 2024

Unlike what the Northeast experienced, South Florida inventory is up over 2022 and the second half of 2021. Inventory has risen year over year, contrary to the lows that the Northeast has seen. In the chart below you’ll see that the number of single-family homes sold is the lowest it has been in South Florida since 2011.

HOA 49

HOA Inventory Buyers Contracts 49

Housing Wire

FEBRUARY 8, 2024

Altos considers anything above 30 to be indicative of a seller’s market. Real estate professionals throughout the state attribute the resilience of the state’s housing market to its perpetually low inventory problem. Like the Chicago suburbs, Peoria’s desirability has put a strain on the city’s already tight housing inventory. “We

Inventory 388

Inventory Agents Housing Market Luxury Properties 388

Housing Wire

DECEMBER 29, 2021

Not the best of news as we start year three of that time period with a solid possibility of new all-time lows in inventory this spring. Home sellers strive to get the highest price from the best offers and homebuilders have the pricing power over consumers. Well, it looks like my five-year growth model has been taken out in two years.

Housing Market 527

Housing Market Marketing Construction Mortgage 527

Lamacchia Realty

DECEMBER 28, 2022

At that time we had an extreme overabundance of sellers and not enough motivated buyers. But there’s also a lack of sellers because people are reluctant to give up their low mortgage interest rates. But there’s also a lack of sellers because people are reluctant to give up their low mortgage interest rates.

Sellers 78

Sellers Buyers Real Estate Inventory 78

Annarbor Appraisal

APRIL 9, 2020

This information clearly shows a declining trend from the 2005 data down to a low point between 2009 and 2011. Buyers, sellers, and the Realtors who work with them are adaptable, and some transactions have continued via virtual showings. In it I included a year over year chart of all sales through the local MLS back to 2005.

Buyers 78

Buyers Property Taxes Sellers Realtors 78

Will Springer Realtor

NOVEMBER 14, 2023

Beyond labor strife, America’s home buyers and sellers appear to be on strike as well. Worsening affordability issues and lower-than-usual inventory have prompted many consumers to watch this housing market from the sidelines – without the picket lines. months of inventory available in the county, down from 2.0 in September.

Inventory 36

Inventory Buyers Sellers New Listings 36

Housing Wire

JANUARY 5, 2023

The 2022 housing market was savagely unhealthy , with all-time lows in inventory leading to massive bidding wars and price spikes until the Fed put a screeching halt to all of it with rate hikes that resulted in the most significant one-year spike in mortgage rate history. Housing Inventory. Home price s. million in 2023.

Housing Market 537

Housing Market Marketing Inventory New Listings 537

Will Springer Realtor

DECEMBER 14, 2021

Buyers will continue to outstrip sellers by a significant margin but less extreme than in 2021. There are too many consumers searching for homes and clearly not enough inventory, however that still means costs around goods, services and housing are going to inflate. from the same time in 2020 and a low not seen since 2011.

Real Estate 69

Real Estate Buyers Construction Sellers 69

Housing Wire

JANUARY 19, 2024

Remember, with median sales prices and inventory, it’s very seasonal. However, remember, the dive in inventory is normal at this time of the year. To give you all some perspective, this data line dropped all the way to 14 days in the crazy period of COVID-19, while back in 2011, it was 105 days.

Housing Market 422

Housing Market Inventory Contracts Marketing 422

Housing Wire

DECEMBER 20, 2023

The marketplace data told us we had no stressed sellers in 2023. NAR: Total housing inventory at the end of November was 1.13 Unsold inventory sits at a 3.5-month 2022. Unsold inventory sits at a 3.5-month million units, down 1.7% from October but up 0.9% from one year ago (1.12 months in Oct. but up from 3.3

Housing Market 439

Housing Market Marketing Inventory Realtors 439

Will Springer Realtor

SEPTEMBER 8, 2021

There are no signs of a real estate crisis, particularly in the Puget Sound region, where prices keep rising – up about 20% the past year and 68% in Seattle alone since 2016, by one measure – amid a dearth of inventory and surge of buyers. See the August housing report further below, if you dare!). That’s fair. SMILE FOR THE CAMERA.

Construction 36

Construction Inventory Buyers Real Estate 36

Will Springer Realtor

MAY 13, 2024

Housing inventory nationwide flipped from oversupply to undersupply about a dozen years ago when consumers and the banking industry began to slowly rebound financially from the Great Recession. America’s shortfall is most acute with the most vulnerable, as affordable housing inventory has been shrinking for decades.

HOA 36

HOA Transportation Construction Buyers 36

Housing Wire

AUGUST 24, 2023

However, persistently high mortgage rates pose a significant affordability challenge to buyers and sellers (not to mention the workers of a trillion dollar-plus industry). We could see monthly sales fall to 2010 or 2011 levels when the market was recovering from the free fall after the housing bubble.”

Mortgage 368

Mortgage Property Taxes Investors Buyers 368

Housing Wire

MAY 24, 2022

I know some people don’t agree with me on this, but the price gains in both the existing home and new home sales sector show that homebuilders and sellers had too much pricing power and needed to be checked. My biggest thing is getting total inventory back to 2018-2019 levels, which can range from 1.52-1.93

Housing Market 392

Housing Market Inventory Construction Marketing 392

Will Springer Realtor

JULY 8, 2022

The King County housing market has seen inventory increase by 55% in the past month, while the number of homes going under contract fell 22% from May to the lowest June level since 2011. Total Eastside inventory rose to 1366 active listings, up 52% in one month and 210% in a year. months’ inventory, up from 1.0

Housing Market 36

Housing Market Marketing Inventory HOA 36

Will Springer Realtor

OCTOBER 8, 2021

To be sure, the market is still leaning heavily in the sellers’ favor and listings are slimmer than a strand of spaghetti. The combination of buyers leaving the market, which brings down demand, and the slow but steady increase in new listings has beefed up inventory slightly month-to-month. Inventories improved fractionally.

Real Estate 36

Real Estate Buyers Inventory Housing Market 36

Will Springer Realtor

DECEMBER 13, 2022

Sellers, meantime, could put nearly any home on the market and expect a reaction of irrational exuberance from financially sound consumers submitting high-priced offers without buyer-favorable contingencies. That real estate party of unquenchable buyer demand against a backdrop of low inventory is over.

Real Estate 36

Real Estate Buyers Construction Sellers 36

Housing Wire

MARCH 9, 2022

from the fourth quarter of 2011 through the fourth quarter of 2021, according to NAR, and as of Q4 2021, the median single-family existing-home sales price rose by at least 10% in 67% of 183 metro areas tracked by NAR. .” ” Nationwide, the median single-family existing-home sales price rose at an annual pace of 8.3% in 2010.

Home Value 433

Home Value Realtors Marketing Inventory 433

Will Springer Realtor

MAY 9, 2022

Between 2011 and 2019, the median household income in our area increased by about 34% but housing prices jumped 78%. ” The increased number of listings and slight slow-down of the market have helped boost inventory numbers. Inventories rose in the past month across the county (0.8 a month ago. and Seattle (1.1).

Architecture 36

Architecture Design Buyers Construction 36

Clear Capital

OCTOBER 28, 2021

The seller has a bunch of dogs — like 10 little tiny puppy dogs — in the yard is constantly covered in dog poop as a result. Like, the seller never cleans it up. Since 2011, Nooklyn has helped over 55,000 New Yorkers — that’s a lot — find their apartment and processed over 85 million in rental payments.

Real Estate 69

Real Estate Tools Agents Real Estate Agent 69