Housing Wire

AUGUST 10, 2022

One of the most important housing market stories in recent weeks has been the decline in new listings , which has slowed the growth rate of total inventory. Once that happens, I can finally take the savagely unhealthy housing market theme off my talking points. What does this mean? million to 1.93

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Inventory New Listings Housing Market Sellers 519

Housing Wire

MAY 21, 2023

It was a wild ride for the housing market last week! New listings data fell, however, active inventory grew. Here’s a quick rundown of the last week: Total active listings grew by 3,809 weekly, but new listings are still trending at all-time lows. Purchase application data fell 4.8% million.

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Housing Market Marketing Inventory New Listings 477

Housing Wire

APRIL 9, 2023

The housing market welcomed the news of lower mortgage rates last week after four reports showed that the labor market isn’t as tight as it seems and that the fear of 1970s-entrenched inflation was a lousy narrative. Active inventory rose by 823 single-family homes and new listing data is trending at all-time lows.

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Housing Market Marketing Mortgage Inventory 538

Housing Wire

MAY 14, 2023

The rise of active listings in this spring housing market reminds me of a zombie slowly rising from its grave. 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. This doesn’t appear to be the case for 2023. million.

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Housing Market Marketing Inventory New Listings 419

Housing Wire

FEBRUARY 27, 2023

We created the weekly Housing Market Tracker because housing data has been so wild since 2020. The housing market madness persisted last week as inventory fell and higher mortgage rates took a bigger bite out of purchase application data. Weekly inventory change (Feb. Weekly inventory change (Feb.

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Housing Market Marketing Inventory New Listings 398

Housing Wire

MARCH 12, 2023

Last week was wild, and not just for the housing market. Weekly inventory fell by 6201 , and new listing data is down noticeably from last year, which was different than last week. According to Altos Research data , housing Inventory fell by 6,201 over the last week; the decline is less this week than last.

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Housing Market Mortgage Marketing Inventory 369

Housing Wire

MARCH 19, 2023

The housing market was crazy again last week. Mortgage rates fell as the banking crisis got worse and purchase application data grew for the second week in a row, but the big question is: Did we hit the seasonal bottom in housing inventory? Weekly inventory increased by 1,734.

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Housing Wire

JUNE 9, 2023

In 2022, mortgage rates got as high as 7.37%, so the question was: how low do rates have to go for housing demand to get better? On June 16, 2022, I put the housing market into a recession , which is where housing demand, housing jobs, housing income and housing production all drop.

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Inventory Housing Market New Listings Mortgage 545

Housing Wire

MAY 20, 2022

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. The market is just insane,” she said. “I

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Will Springer Realtor

MAY 9, 2023

The typical seasonal spring in its step has been replaced by a slow shuffle as the Seattle/King County residential market tries to find its rhythm in a challenging economic environment. Falling new inventory is constraining transaction volumes while also supporting higher home prices. Where are all the sellers?

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Will Springer Realtor

JULY 8, 2022

The screeching you heard in June was the sound of brakes being applied to the housing market across the U.S. 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. Not really sure.”.

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Listing Spark

MARCH 9, 2023

In this blog post, we’ll take a closer look at Texas’ real estate market activity — exploring recent developments, analyzing short-term trends, and making predictions about what we might expect. Austin Real Estate Market Breakdown 2022 Recap Total Transactions were down 19.1% Months supply of inventory climbed from 0.6

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Will Springer Realtor

SEPTEMBER 8, 2021

One of the hottest search phrases on Google today is, “When is the housing market going to crash?”. Not “ Will the housing market crash?” See the August housing report further below, if you dare!). A reading above 50 means more builders view market conditions as favorable than poor. SEPTEMBER HOUSING UPDATE.

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Will Springer Realtor

APRIL 8, 2021

housing markets. The national median family income rose just 4% from 2019 to 2020, according to the Department of Housing and Urban Development, while most home prices are jumping each year by 10% or more. The image was taken from a drone above The Parc, a condo in Belltown, where I am promoting one of my new listings.

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Inventory New Listings HOA Buyers 36

Will Springer Realtor

FEBRUARY 9, 2024

Note: Average prices include all home sales – including ultra-luxury properties – and do not portray the housing market as accurately as median prices.) Total inventory remains low, however, keeping prices higher on an annual basis. The twin high-rises opened in 2015 and 2016 and sold out quickly.

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Will Springer Realtor

AUGUST 11, 2023

First, let’s set the scene: Housing inventory is shrinking year to year in most parts of the country and there are no signs of significant replenishment over the horizon. With so few available places to live, the competition for those homes is making housing much less affordable for many. homes shy of what’s needed today.

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Will Springer Realtor

AUGUST 9, 2021

>> Seattle home prices have skyrocketed 68% since May 2016, according to new data from the Case-Shiller Price Index. >> A full 28% of all Seattle home listings are priced at or above $1M, according to a report published on SeattleAgentMagazine.com. AUGUST HOUSING UPDATE. BY THE NUMBERS. >>

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