Housing Wire

OCTOBER 11, 2022

There’s a showdown at the housing market corral between homebuyers and sellers. The only time this happened was 2006-2011 — the housing bust years. Home prices ebb and flow, pricing was working in the sense that sellers met homebuyers to a degree. Image by Brandon Johnson/HW Media.). Now fast forward to 2022.

Sellers 498

Sellers Inventory Housing Market New Listings 498

Housing Wire

DECEMBER 7, 2022

These were forced credit sellers, which means these sellers don’t sell to buy a home like a traditional seller does. Since they were distressed forced sellers, inventory skyrocketed in 2006 and stayed very elevated in 2007 and 2008. As we can see below, none of that is happening today because the seller isn’t stressed.

Housing Market 540

Housing Market Mortgage Marketing Inventory 540

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.

Inventory 437

Inventory Housing Market New Listings Mortgage 437

Will Springer Realtor

MAY 13, 2024

SETTLEMENT FOLLOW-UP A judge has preliminarily approved the $418M antitrust class-action settlement involving sellers’ compensation to brokers/agents in residential real estate sales. News of the settlement and its impact topped last month’s newsletter. Details still need to be ironed out, but U.S.

HOA 36

HOA Transportation Construction Buyers 36

Will Springer Realtor

SEPTEMBER 8, 2021

Here’s a negotiating tactic that you may not have thought of: Sellers who “spy” on buyers when they are visiting the home. About three in every 10 sellers say they have used a camera on the property during an open house or showing at their home, according to a study of more than 2,000 consumers from LendingTree. . >> Buyers secured 3.8

Construction 36

Construction Inventory Buyers Real Estate 36

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%. That includes 621 fewer Pending contracts in April 2022 than the previous April, as the net number of new listings remains on average lower than in years past. And what a thoughtful listing video.

Architecture 36

Architecture Design Buyers Construction 36

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. While the number of new listings in June jumped 8.2% LUXURY LIVING King County is well known for its amazing mid-century modern homes.

Housing Market 36

Housing Market Marketing Inventory HOA 36