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. Where are all the sellers? between May 2007 and January 2012.

New Listings 59

New Listings Inventory Buyers Sellers 59

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. A traditional seller is primarily a homebuyer, so not only do we lose the inventory for sale when this happens, but we also lose a buyer. months to 3.3

Inventory 463

Inventory Marketing Housing Market New Listings 463

Will Springer Realtor

AUGUST 15, 2023

Sellers, too, are waiting for the easing of rates before looking for their next home, as estimates show 60% of today’s homeowners possess a mortgage with an interest rate of 4% or less. The single-family housing market is sluggish, as many prospective buyers and sellers have chosen to focus on enjoying the many weeks of beautiful weather.

Sellers 60

Sellers Buyers New Listings Inventory 60

Lamacchia Realty

JANUARY 25, 2024

As interest rates strive to find equilibrium following their sharp decline in 2020, buyers and sellers have had to accept that the era of pandemic-induced low rates is over, ushering in a period of higher monthly mortgage payments. 2023 Sees the Lowest Number of Homes Listed in Thirteen Years In 2023, listings dropped 19.7%

Inventory 52

Inventory Sellers Buyers Contracts 52

Will Springer Realtor

MARCH 14, 2023

Unless the listed home is in a favorable location, priced competitively and move-in ready, activity has been somewhat muted as prospective buyers and sellers wait for economic conditions to improve. Sellers who priced their homes appropriately enjoyed busy open houses in their first weekend on the market followed by multiple offers.

Marketing 36

Marketing Buyers Inventory Sellers 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

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 539

Housing Market Marketing Inventory New Listings 539

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). acre grounds would certainly look fetching with something brand new. bath , 3560 sq.

Buyers 36

Buyers Development Construction New Listings 36

Housing Wire

MARCH 18, 2021

Home prices have skyrocketed in the past year, and data from Redfin backs up what buyers, sellers, and agents have known for months. “This is the strongest seller’s market since at least 2006,” Fairweather said. The national average of home prices rose 14.4% by the end of 2021.

Buyers 545

Buyers Sellers Inventory New Listings 545

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

Will Springer Realtor

FEBRUARY 9, 2022

HB 1951 would remove “Don’t Know” from the Seller Disclosure Statement that owners complete with the sale of a home. The survey also said that among sellers in the 12 months ending mid-2021, 46% went on to purchase a larger home. >> The U.S. rental-vacancy rate dropped to 5.8% After hitting a low of 4.6% from the end of 2020. >>

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. Listed at $1,995,000 ($725/sq.

Real Estate 36

Real Estate Inventory Buyers Construction 36