Lamacchia Realty

OCTOBER 13, 2022

It typically takes 30-60 days for a property to go from under contract to closed. Competition was high, inventory was low, and there were bidding wars happening everywhere. This is much different from the January market example above, and something that sellers should keep in mind when they discuss sale price with their Realtor. .

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Houston Properties

JANUARY 13, 2021

Top Ranked Realtors: Paige Martin & The Houston Properties Team. Properties are still going under contract. Based on last year’s sales data, the number of homes that have gone under contract is still consistent with figures prior to the coronavirus and the oil price crash. I May Need To Sell. How Does This Affect Me?

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Will Springer Realtor

JANUARY 10, 2023

Will Springer, Realtor®. Homes going under contract (Pending sales) dropped 25% from the previous month and by 30% year-on-year (YoY) – staggering drop-offs. The general softening of prices comes despite tight inventory, even when factoring out canceled and expired listings that typically take place in November and December.

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Will Springer Realtor

APRIL 10, 2024

Recent news that the National Association of Realtors® (NAR) wishes to settle a series of lawsuits from home sellers has sent ripples through the real estate industry. That’s only 20 cents more than in 2018. By staying informed and advocating for themselves, consumers can navigate these changes with confidence.

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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. More than 75% of homes on the market are deemed too expensive for middle-class buyers, according to a study from the National Association of Realtors® (NAR) and realtor.com.

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Real Estate Buyers Sellers Inventory 68

Will Springer Realtor

JUNE 9, 2021

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. One-tenth surveyed said they have added language to contracts that require buyers to share in the materials costs if they continue to rise.

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Will Springer Realtor

APRIL 11, 2022

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. This year’s buying and selling campaign will be marked by increasing inventory (good!), overall, where housing inventory rose 2.4% months in King, 1.0

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Will Springer Realtor

AUGUST 9, 2022

Lawrence Yun, chief economist at the National Association of Realtors® said in late July: “There are indications that mortgage rates may be topping or very close to a cyclical high.” An independent estimate from 2018 claims roughly 40% of the nation is in a flood-risk area. Inventory levels are mounting in King, now at 1.9

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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. A drying up of listings sent inventory figures lower. in July, and condo inventories were 1.0,

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Will Springer Realtor

MAY 12, 2021

That’s 52% higher than 2018, when Freddie first began looking at housing shortages. >> The lack of inventory to keep real estate moving is confirmed with the latest data on U.S. They have declined for two consecutive months, according to the National Association of Realtors®. housing market needs 3.8 existing home sales.

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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.”. The House version, HB 1782 , is backed by developer and Realtor® lobbyists, Habitat for Humanity and environmental groups, according to The Seattle Times. Inventory remains a big concern. home buyers. There are 0.4

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Will Springer Realtor

JULY 9, 2021

“We envision a country where no matter where you live, or who you are, you can enjoy living in a place that is healthy, prosperous and resilient,” Calvin Gladney, CEO of Smart Growth America, told a group of Realtors® in D.C. Inventory across our area remains extremely low. HOUSING FOR ALL. Looking for selection?

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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. UNMARRIED AND BUYING TOGETHER For the third consecutive year, a report from the National Association of Realtors® (NAR) noted an increase in unmarried couples purchasing a home. months, Pierce at 0.8

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