Housing Wire

MARCH 26, 2023

These events led to lower mortgage rates and increased purchase application data last week, but decreased housing inventory. Active inventory fell 1,109, and new listing data made a lovely comeback week to week but was still noticeably down year over year. In a regular market, they would be closer to 5.25%.

Inventory 434

Inventory Housing Market Marketing Mortgage 434

Housing Wire

JULY 24, 2023

Pending Sales There are now 378,000 single-family homes in contract. There were 68,000 new contracts for single-family homes this week. In the chart below, the light portion of each bar represents the new contracts each week. But, there were another 15,000 condos and townhomes that went into contract this week.

Inventory 285

Inventory Contracts New Listings Buyers 285

Will Springer Realtor

MAY 9, 2023

Falling new inventory is constraining transaction volumes while also supporting higher home prices. April’s figure was 37% lower than a year ago and, for context, the five-year average of new listings for the month just before the pandemic began was 4021. The inventory may not be there, but the demand sure is.

New Listings 59

New Listings Inventory Buyers Sellers 59

Lamacchia Realty

OCTOBER 26, 2021

The number of new listings has decreased but so has the number of pending sales, which means that inventory is lingering longer than it has been which is a positive sign for buyers. Therefore, buyers need to capitalize on the higher inventory while the iron is hot, as it’s going to be the best time to buy in two years.

Inventory 68

Inventory Buyers Sellers Landlords 68

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. That’s according to Census Bureau data averaged out over the five years between 2016 and 2020 and reported by The Seattle Times.

Housing Market 36

Housing Market Marketing Inventory HOA 36

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. Active listings as of Sept. A drying up of listings sent inventory figures lower.

Construction 36

Construction Inventory Buyers Real Estate 36

Will Springer Realtor

JUNE 8, 2022

The multi-pronged effort includes legislative and administrative actions to increase the number of affordable units and overall inventory. The quarterly figure pales in comparison to most years; more than 125,000 foreclosure filings occurred in Q1 of 2016. While that may appear significant, the U.S. 1 (6861). >>

Design 36

Design Construction Development Property Taxes 36