Housing Wire

NOVEMBER 25, 2023

18): Inventory fell from 569,571 to 564,571 The inventory bottom for 2022 was 240,194 The inventory peak for 2023 so far is 569,898 For context, active listings for this week in 2015 were 1,104,514 New listings data fell weekly but showed positive year-over-year growth. Weekly inventory change (Nov.

Inventory 531

Inventory Mortgage New Listings Buyers 531

Housing Wire

JANUARY 13, 2024

So let’s hope for more home sellers in 2024. 6-13): Inventory rose from 471,349 to 473,406 The inventory bottom for 2022 was 240,194 The inventory peak for 2023 is 569,898 For context, active listings for this week in 2015 were 931,002 I don’t want to jinx this because active inventory rose last year at this time.

Inventory 527

Inventory New Listings Retail Mortgage 527

Housing Wire

JANUARY 20, 2024

Housing inventory, new listing data and mortgage rates are all rising, but the price cut data percentages are falling. New listings data While new listings data isn’t growing in significant terms year over year — sorry, silver tsunami crowd — it is showing growth year over year. So far, so good in 2024.

Inventory 540

Inventory Mortgage New Listings Sellers 540

Housing Wire

DECEMBER 2, 2023

18): Inventory fell from 564,571 to 550,302 The inventory bottom for 2022 was 240,194 The inventory peak for 2023 so far is 569,898 For context, active listings for this week in 2015 were 1,081,712 The one positive inventory story in 2023 is that we formed a bottom in the new listings data! Weekly inventory change (Nov.

Mortgage 542

Mortgage Inventory New Listings Sellers 542

Housing Wire

JANUARY 6, 2024

Now that mortgage rates have fallen and as we start the brand new year, we need to focus on this data line more. I believe we should get more sellers in 2024 than in 2023, but that doesn’t necessarily mean home prices will fall. Both these years were the lowest new listing levels before rates rose, so it’s not asking for much.

Inventory 541

Inventory New Listings Housing Market Mortgage 541

Housing Wire

APRIL 30, 2023

Weekly housing inventory Since new listing data was trending at all-time lows in 2023, some feared we wouldn’t see the typical spring inventory increase. After the last few weeks , we can put that fear aside: we are finally getting the seasonal increase in active listing. This link explains the difference and is worth a read.

Inventory 515

Inventory Housing Market Marketing New Listings 515

Housing Wire

FEBRUARY 4, 2024

New listings were trending at the lowest levels ever in 2023, but that should not be the case in 2024. New listings were trending at the lowest levels ever in 2023, but that should not be the case in 2024. Never forget most sellers are buyers of homes as well, especially if the economy isn’t in a job loss recession.

Inventory 506

Inventory Mortgage New Listings Housing Market 506

Housing Wire

DECEMBER 16, 2023

This is what we see, and it’s much needed; we need more new listings and not fewer. New listings data for last week in the last several years: 2023: 39,613 2022: 34,973 2021: 39,936 Traditionally, one-third of all homes will have price cuts before they sell. Weekly inventory change : (Dec.

Inventory 533

Inventory New Listings Mortgage Law 533

Housing Wire

NOVEMBER 11, 2023

We saw some good growth this week, and hopefully, in 2024, we can close the gap and get back to 2021-2022 data on new listings. That is the critical period for new listing data to grow; remember, most sellers are buyers. Weekly inventory change (Nov.

Inventory 462

Inventory New Listings Mortgage Retail 462

Housing Wire

APRIL 16, 2023

The seasonal housing inventory bottom evaded us again last week as active listings fell and new listing inventory decreased. Here’s a quick rundown of the last week: Active inventory fell 5,383 last week, and new listing data is still trending at all-time lows in 2023.

Inventory 532

Inventory Housing Market Marketing New Listings 532

Housing Wire

AUGUST 20, 2023

The new listing data has been trending at the lowest levels ever for over 12 months now. The last thing we want to see is more sellers calling it quits faster than the current trend. Will higher rates extend the inventory season, or are we going into the traditional seasonal decline?

Inventory 369

Inventory Mortgage New Listings Sellers 369

Housing Wire

JUNE 25, 2023

However, the real positive story here is that even with new listing data trending at an all-time low, we are getting the growth in active listings we traditionally see in the spring and summer. In addition, new listing data turned negative year over year after the second half of 2022.

Inventory 404

Inventory Housing Market Marketing New Listings 404

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

Housing Wire

JULY 2, 2023

The other big story with housing inventory is that new listing data has been trending negative year over year since the end of June 2022. A traditional seller is also a traditional buyer, and certain homeowners have refused to buy their next home with mortgage rates above 6%.

Inventory 449

Inventory Housing Market Marketing New Listings 449

Housing Wire

MARCH 19, 2023

New listing data collapsed, but we are putting an asterisk on that data line for this week. Now the bad news: new listing data fell so much this week that I am putting an asterisk on this week’s data until we see if this is a trend or just a one-off in the weekly data that can occur from time to time.

Housing Market 378

Housing Market Marketing Inventory New Listings 378

Housing Wire

FEBRUARY 27, 2023

Weekly housing inventory decreased by 6,801, while new listing data is still negative year-over-year. 11-18): Fell from 247,385 to 243, 916 Another storyline with inventory is taking hold now, and new listing growth once again is negative year over year. A traditional seller is a conventional buyer most of the time.

Housing Market 419

Housing Market Marketing Inventory New Listings 419

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

Housing Wire

DECEMBER 23, 2023

However, one thing is sure: from 2020 to 2023 we never saw credit-stressed home sellers. While inventory levels are still too low for my taste, it’s good that we are not at 2022 levels when we only had 240,194 total active single-family listings for Americans to buy. Weekly inventory change : (Dec.15-22)

Housing Market 529

Housing Market Marketing Inventory New Listings 529

Birmingham Appraisal

JUNE 28, 2022

The first is that sales could be slowing down while new listings continue to enter the market. The net effect would be an increase in the listing count. The second reason could be that sales are continuing at a normal rate and there is an abnormal spike in new listings. The trend ins Shelby county is similar.

Real Estate 52

Real Estate Marketing Inventory Sellers 52

Housing Wire

MAY 14, 2023

Yes, we found the seasonal bottom for housing inventory on April 14, but this year’s rise in active listings has been tepid at best. Here’s a quick rundown of the last week: Total active listings grew 662 weekly, and new listing data is still trending at all-time lows. This doesn’t appear to be the case for 2023.

Housing Market 439

Housing Market Marketing Inventory New Listings 439

Housing Wire

APRIL 9, 2023

Active inventory rose by 823 single-family homes and new listing data is trending at all-time lows. New listing data rose last week but is still trending at all-time lows in 2023. The last thing the housing market needs is for new listing data to decline, so the growth we saw last week is a plus.

Housing Market 539

Housing Market Marketing Mortgage Inventory 539

Housing Wire

JANUARY 5, 2023

In the previous expansion, starting in 2015, I had the same bond forecast every year of 1.60%-3% on the 10-year yield, which roughly means mortgage rates in the 3.50%-4.75% range. However, weeks after that call, the new listing data started to decline noticeably, which makes that call much harder to happen in 2023.

Housing Market 539

Housing Market Marketing Inventory New Listings 539

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. Sorry, but last week the home found a buyer and is listed as Pending Inspection.

HOA 36

HOA Transportation Construction Buyers 36

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). Bosa developed the twin, 41-story, 698-unit community in 2015-2016. bath , 3560 sq.

Buyers 36

Buyers Development Construction New Listings 36

Will Springer Realtor

APRIL 8, 2021

>> And in a different metric, Seattle-area home prices have risen 55% from December 2015 to the start of this year, according to Case-Shiller, a home-price index from S&P CoreLogic. >> Through February, the number of existing home listings across the U.S. Check out the details of this wonderful home at parc606.com.

Inventory 36

Inventory New Listings HOA Buyers 36

Will Springer Realtor

JULY 8, 2022

While the number of new listings in June jumped 8.2% in new listings and 57% in active listings at the start of this month (3256), up 124% from a year ago. May 2019 (1409) had the highest number of new monthly listings in the last dozen years, followed by June of last year (1351).

Housing Market 36

Housing Market Marketing Inventory HOA 36

Housing Wire

MAY 28, 2023

Here’s a quick rundown of the last week: Active inventory grew 8,914 week to week, even though new listing data is still trending at all-time lows in 2023. In 2022, when the housing market was dealing with a sharp move higher in mortgage rates, the new listing data grew higher than the same week in 2021.

Housing Market 501

Housing Market Mortgage Marketing Inventory 501