Housing Wire

MAY 7, 2023

Just when I thought it was safe to say we were getting more traditional spring housing inventory , we hit a snag last week, as active inventory and new listings declined. New listing data was trending at all-time lows in 2021 abd 2022 and now it’s creating a new all-time low trend in 2023.

Inventory 491

Inventory Housing Market Marketing New Listings 491

Housing Wire

DECEMBER 21, 2022

We have had two historic events that created a waterfall dive in demand recently; we now have precise data showing new listing data declining with those events, which shows how important that data line is to housing demand. None of that has ever happened again since 2012. This is the biggest story in housing. .

Inventory 528

Inventory New Listings Housing Market Sellers 528

Housing Wire

APRIL 3, 2023

” The annual home price growth rate fell to 1.94% in February, hitting a rate below 2% for the first time since 2012. In February, the number of homes available for sale fell for the fifth consecutive month, and new listings ran 27% below pre-pandemic levels. On the bright side, homeowners with mortgages still had $9.3

Inventory 397

Inventory New Listings Housing Market Mortgage 397

Housing Wire

NOVEMBER 18, 2022

Seasonal impacts are the norm with housing, and new listing data is negative 6% year to date. We saw new listing data decline when rates got to 6.25% the first time. However, as we can see, the inventory data looks much different than what we saw in 2000, 2005, 2008, 2012, 2015 and 2018. months to 3.3

Inventory 473

Inventory Marketing Housing Market New Listings 473

Housing Wire

DECEMBER 7, 2022

One issue that has created a waterfall dive in purchase application data and sales is that new listing data is declining faster than usual. Traditionally, when mortgage rates rise post-2012, home sales trend below 5 million. That’s a double whammy on demand and a reason for the waterfall in existing home sales data.

Housing Market 544

Housing Market Mortgage Marketing Inventory 544

Housing Wire

JANUARY 5, 2023

I have been forecasting since 2010 and I’ve only predicted price declines for 2011 and 2012. However, weeks after that call, the new listing data started to decline noticeably, which makes that call much harder to happen in 2023. The higher the rate from this level, the more significant hit to affordability we will see.

Housing Market 543

Housing Market Marketing Inventory New Listings 543

McKissock

MARCH 1, 2021

Dara’s ability to listen to clients and her attention to detail landed her Exceptional Service Awards in 2011, 2012, and 2013 from Cartus/USAA, one of the nation’s largest relocation organizations. A: My biggest challenge in working with Millennials is to make sure I know more than they know!

Real Estate 90

Real Estate Clients Real Estate Agent Renovations 90

Will Springer Realtor

MAY 9, 2023

The chart (below) puts it in sharp focus: Except for the pandemic year of 2020 when there were 2559 new listings that April, last month was the slowest April since at least 2008 when easy access to Northwest Multiple Listing Service data became available. between May 2007 and January 2012. Where are all the sellers?

New Listings 58

New Listings Inventory Buyers Sellers 58

Housing Wire

JULY 21, 2021

above its asking price, that means it was listed for $301,872, said Daryl Fairweather, Redfin’s chief economist. That’s quite the contrast from back in 2012, when Redfin reported that condos were selling for more than 4% below asking price. If a condo sold for 0.7% year over year, and pending sales were up 38.2%

Buyers 432

Buyers New Listings Contracts Marketing 432

Housing Wire

MARCH 18, 2021

As proof of the impact of the country’s low inventory and high cost of building materials , new listings fell 16% – the second-largest decline on record since Redfin’s data began in 2012, only passed by the drop in April 2020. That’s with unprecedented winter storms hitting most of the South in February, too.

Buyers 545

Buyers Sellers Inventory New Listings 545

Will Springer Realtor

AUGUST 15, 2023

The season has been shaped by slumping new listings, a slowly climbing number of homes sitting on the market from previous months, fewer closed sales compared to last year and prices moving plus/minus five percentage points year-on-year (YoY). monthly decline in available Seattle listings (793). The county saw a 4.9%

Sellers 59

Sellers Buyers New Listings Inventory 59

Boston Appraisal

JULY 22, 2019

The Housing Market Is Going Strong… for Now The year 2019 started with a bang, and this wasn’t even news. Ever since 2012, home prices have been on the rise, reaching unprecedented numbers in some markets. The rise in stock is not always due to the appearance of new listings, but also the result of properties sitting on the market.

Marketing 78

Marketing Housing Market Real Estate Buyers 78

Boston Appraisal

JULY 22, 2019

The year 2019 started with a bang, and this wasn’t even news. Ever since 2012, home prices have been on the rise, reaching unprecedented numbers in some markets. The rise in stock is not always due to the appearance of new listings, but also the result of properties sitting on the market.

Marketing 78

Marketing Housing Market Real Estate Buyers 78

Lamacchia Realty

JANUARY 25, 2024

Sales were down in all three categories: Single family sales decreased by 22.4%: 26,692 in 2023 from 33,974 in 2022 Condo sales decreased by 20.1%: 7,755 in 2023 from 9,766 in 2022 Multi-family sales decreased by 29.4%: 2,985 in 2023 from 4,225 in 2022 In the chart below, it’s clear that sales in 2023 were the lowest since 2012.

Inventory 53

Inventory Sellers Buyers Contracts 53

Will Springer Realtor

AUGUST 11, 2023

The season has been shaped by slumping new listings, a slowly climbing number of homes sitting on the market from previous months, fewer closed sales compared to last year and prices moving plus/minus five percentage points year-on-year (YoY). Belltown/Seattle) 21+ with ID. 8pm-midnight Rodeo, Aug. Various times. Princess Picnic, Aug.

Buyers 36

Buyers Development Construction New Listings 36

Will Springer Realtor

JANUARY 10, 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. The bar is so low on listings and sales data that one might trip over it. That is the lowest annual figure since 2012 (27,601), according to MLS data.

Housing Market 36

Housing Market Marketing Inventory Real Estate 36

Will Springer Realtor

MARCH 14, 2023

The number of new listings of all home types (single-family, townhome and condo) in King County climbed 6.4% (1866 units) from January to February, as expected, and total inventory at the start of March (2064) was 111% higher than a year ago. decline over the 12 months ending March 2012. since January to $726,700, they are 4.4%

Marketing 36

Marketing Buyers Inventory Sellers 36

Will Springer Realtor

FEBRUARY 9, 2022

in 2019, the amount of vacant office space has grown each quarter to finish 2021 at 11.6% (excluding available sub-lease space), a level not seen in the city since 2012. >> The chart below, courtesy of the Northwest Multiple Listing Service (MLS), shows breathtaking price appreciation in our region in recent years.

Buyers 36

Buyers Law Inventory Development 36

Will Springer Realtor

MAY 12, 2021

Its data show home prices have far outpaced incomes since 2012. The county saw new listings and end-month Active listings rise but Pending sales slip, suggesting buyers are no longer snatching every listing on the Northwest MLS as they become available. counties by ATTOM Data Solutions.

Real Estate 36

Real Estate Inventory Buyers Construction 36

Will Springer Realtor

AUGUST 9, 2021

Housing affordability decreased in 45 of the 50 states from 2012 to 2019. Look at the green states of Idaho, Nevada and Utah on the 2012 map; they have seen housing affordability plummet by 2019, skipping past the yellow category to brown in less than a decade. The number of new listings for all home types (4428) fell 7.8%

Construction 36

Construction Inventory Property Taxes Development 36