Housing Wire

MAY 24, 2022

A lot of the housing data was lagging the rate move, so it wasn’t apparent that higher rates impacted the data yet. Going back to the summer of 2020, the one factor that I said could change the housing market was the 10-year yield getting above 1.94%. However, the housing market changed once the 10-year yield broke over 1.94%.

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Cleveland Appraisal Blog

MAY 18, 2023

I was talking to a real estate agent recently who said that her sellers are scared about a significant downturn in the market and missing out on the higher values. The agent went on to mention that many people she knows would like to sell their home but are afraid of not finding another one because inventory levels are so low.

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Housing Wire

MARCH 17, 2022

Of course, that’s until you look at the housing completion data, which hasn’t gone anywhere in years. Housing starts data, like new home sales data, can be wild month to month, so the trend is always more important than any one report and the revisions are critical. Housing completions. From Census: Privately?owned

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Housing Wire

AUGUST 23, 2022

The housing market is in a recession, something that the homebuilders and the National Association of Realtors now agree with me on, as this recent CNBC clip shows. Over the years, I have tried to emphasize that the housing market in the U.S. months of supply in an orderly manner. This is 12.6 percent (±16.9 percent (±10.9

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Birmingham Appraisal

MAY 11, 2022

So How’s The Birmingham Housing Market? We’ll take a look at some key metrics including sales volume, median sales price trends, days on market, the sale price to list price ratio, active listings, and months of supply. Median home prices continue to rise as a result of high demand and limited inventory.

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Lamacchia Realty

JUNE 21, 2022

In early March it was becoming clear that the market was changing from a frenzied post-pandemic scene to one where rising mortgage rates would slow it down and help inventory finally rise back up. That’s because fewer homes are being placed under contract. Price adjustments/decreases were up across the country in May.

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Will Springer Realtor

JANUARY 10, 2023

Each month, this blog will publish a fresh assessment of the King County area housing market. A patch of foul weather and persistent economic challenges chilled an already cold housing market. The Northwest MLS monthly housing report described it best: “December ends with a ‘whimper’.”. Across King, there were 1.7

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Houston Properties

JANUARY 13, 2021

Houston Housing Market Forecast: Current Data & 2021 Predictions. Concerned about a housing market crash? SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. Properties are still going under contract. Worried about missing out on a boom?

Housing Market 68

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Will Springer Realtor

JUNE 9, 2021

Fast forward to today and markets here and across our nation are going through serious inflationary pressures. Prices have soared in most areas – including a 30% jump in the past year for single-family homes in King County – amid a shortage of inventory and a sharp rise in the number of buyers. million for sale today.

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Housing Wire

APRIL 21, 2022

But the company was out of business by 2018. By then, Ballard had bolted TreeHouse for Icon, an Austin, Texas company that debuted in 2018 at South by Southwest , the erstwhile Austin music festival where lurking A&R’s were long ago replaced by lurking venture capital investors. They’re stressed on so many fronts right now.”.

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Will Springer Realtor

MARCH 14, 2022

Without their spirit to rebuild, our thinning housing inventory would be more dire than it is today. Most owners will contract work out for major renovation projects while doing DIY work on replacing flooring, painting or improving outdoor space, the survey from LendingHome showed. Condo inventory is not much better.

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Houston Properties

JULY 22, 2022

months of single-family homes for sale — the lowest amount on the market than at any time in the last 14 years. My last three listings have received a combined 14 offers and gone under contract, on average, within 4 days. Read more about my custom marketing plans ). "I – 2018: Texas’ Most Influential Realtors.

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Appraisal Today

MAY 10, 2024

To read more, Click Here To read the listing with a virtual tour and 111 photos, Click Here == Some red flags for the housing market By Ryan Lundquist, May 2, 2024 Excerpts: Consumers are feeling economic pain, and we need to talk about some of the things that are brewing. From 2015 to 2018, there were 5 significant fires.

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Miller Samuel

MARCH 19, 2019

That article came out in 2014 right as the housing market was peaking. Much of this speculation is being driven by two factors: sparse supply, due to the absorption of the inventory left over from the last boom, and fast-rising prices. January: The closing of the $238,000,000 Manhattan condo sale in January (2015 contract).

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Will Springer Realtor

APRIL 10, 2024

Despite growing awareness, progress toward climate resilience in housing has been hindered by fragmented efforts and competing priorities. Affordable housing initiatives focus not on the climate but on increasing inventory to meet demand, while climate-focused efforts lack integration with housing resilience goals.

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Lamacchia Realty

OCTOBER 13, 2022

Market value is determined by sales, not the high hopes of a seller. It typically takes 30-60 days for a property to go from under contract to closed. The market has continually changed in most cases from when the property closed to when the comps are pulled. Price Adjustments in this New Housing Market.

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Patch of Land

OCTOBER 16, 2018

First, the good news for house flipping: Average gross profits have risen steadily over the last few years. As the 2018 house flipping report from research firm ATTOM Data Solutions shows, completed house flips in 2017 yielded an average gross profit of $68,143, representing a 49.8% return on investment.

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Will Springer Realtor

DECEMBER 19, 2023

We experienced yet another unusual year for residential real estate – high interest rates, leading to affordability challenges amid low inventory. Any one of those risks could cascade into other parts of the market and tip the economy into recession.” job losses and we have another odd year now in our rear-view mirror. “Any

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Lamacchia Realty

DECEMBER 28, 2021

2021 is going down in history as a historical year for the housing market across America. The inventory of homes for sale and the number of homes being listed for sale were not nearly enough to satisfy the buyer demand. Here is why: We are heading into 2022 with lower inventory than a year ago at the end of 2020.

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Appraisal Today

SEPTEMBER 2, 2022

Excerpts: In the Fortune article below Shawn Tully discusses the current housing market, focusing on the factors behind falling home prices with Ed Pinto, the Director of AEI’s Housing Center. The July increase may be seasonal,” says Ed Pinto, Housing Center’s director. By Edward J. Pinto | Shawn Tully. For the U.S.

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Houston Properties

JANUARY 12, 2022

Houston Real Estate Market Forecast: Current Data & 2022 Predictions. Concerned about a housing market crash? The buying frenzy and low inventory we saw last year and will continue to see for better parts of this year may push buyers (specially if driven by bad advice from an unseasoned Realtor) to make bad decisions.

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Will Springer Realtor

OCTOBER 8, 2021

Here’s how topsy-turvy our housing market has been this past year-plus. Now you may think I am referring only to homeowners, as in did they miss the peak of the market to sell their home at top dollar. The market may go into a brief lull – as it does during this quarter and into early next year. OCTOBER HOUSING UPDATE.

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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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Appraisal Today

JUNE 24, 2022

Two Trends Slowing Housing Market Normalization. Excerpts: You can’t buy what’s not for sale — and existing homeowners have little incentive to relieve the supply pressure, keeping a lid on housing market normalization. million additional housing units to the market by 2018.

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Appraisal Contracts Mortgage Real Estate 52

Will Springer Realtor

APRIL 11, 2022

One-size-fits-all parking requirements can lead to excess land dedicated to parking that might otherwise be used for housing. Parking stalls in the Puget Sound region increased by 13% from 2013 to 2018, while the population increased by 9% and housing rose by only 6%, according to local data sources. APRIL HOUSING UPDATE.

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Construction Development Inventory Buyers 36

Will Springer Realtor

AUGUST 9, 2022

What is true is that every time we lean in and face the headwinds of economic weakness the housing market is a welcome refuge.As An independent estimate from 2018 claims roughly 40% of the nation is in a flood-risk area. cities to determine the fastest-rising housing markets and two in our area ranked in the Top 25.

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Inventory Buyers New Listings Construction 36

Will Springer Realtor

MAY 12, 2021

Warns Danielle Hale, chief economist with realtor.com: “While younger Millennial and Gen Z buyers are expected to play a growing role in the housing market, fast-rising prices will create a bigger barrier to entry for the many first-time buyers in these generations who don’t have existing home equity to tap for down payment savings.”.

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Will Springer Realtor

JULY 9, 2021

The National Association of Realtors® recently announced a new partnership with the LGBTQ+ Real Estate Alliance, a nonprofit that promotes homeownership and advocates for greater equality in housing. It is truly the epitome of a sellers’ market and experts I hear from are saying, basically, get used to it. Looking for selection?

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Will Springer Realtor

FEBRUARY 9, 2022

People are looking at higher prices, there’s slim pickings in inventory and now we have higher mortgage rates.”. One of those teachings is that when a market keeps rising steadily for an extended period there comes a time when expectations for some type of a correction weaves its way into the conversation. in January to $775,000.

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