Housing Wire

JULY 20, 2021

.” Homes for sale are still being snatched up quickly throughout the country, but a recent slowdown in bidding wars may signal some buyer fatigue in the housing market. New listings are also up 4% year over year, meaning more properties are hitting the housing market for buyers to bid on. in May and a peak of 74.1%

Housing Market 493

Housing Market Marketing Inventory Construction 493

Housing Wire

SEPTEMBER 22, 2022

Today the National Association of Realtors reported that existing home sales fell once again to 4.80 Existing home sales have more legs to go lower, especially now that new listing data is falling. I am a big fan of inventory to 2019 levels. From NAR Research : “Total existing-home sales notched a minor contraction of 0.4%

Inventory 437

Inventory Housing Market New Listings Mortgage 437

Housing Wire

NOVEMBER 16, 2020

“Property managers are renting places that would usually be $800 a month for $1,200, so people figured if they’re paying that much, they might as well own their home,” said Tom Torres, an El Paso-based real estate agent and former president of the El Paso Association of Realtors. year-over-year gain in listing prices during the week of Nov.

Housing Market 408

Housing Market Real Estate Agent Marketing Real Estate 408

Housing Wire

JANUARY 29, 2021

drop in November , according to a report from the National Association of Realtors. from December 2019, with all regions (Northeast, Midwest, South, West) reaching double-digit year-over-year increases. .” pending home sales dipped to the tune of 0.3% in December following a 2.6% However, contract signings rose 21.4%

Contracts 529

Contracts Real Estate Housing Market Technology 529

Housing Wire

FEBRUARY 19, 2021

Lawrence Yun, chief economist for the National Association of Realtors , said last month that he expected momentum to carry over from the end of 2020. from 2019 and the most since before the Great Recession. Today, both sellers and buyers expect to handle a majority of the process online. Presented by: 1 Percent Lists.

Inventory 542

Inventory Sellers Real Estate Buyers 542

Housing Wire

JULY 24, 2023

Last week the National Association of Realtors (NAR) reported that existing home sales declined in June to an annual rate of 4.2 The trends in this chart show how quickly home buyers reacted to the big mortgage rate jumps in 2022. The median price of the new listings is $400,000 this week. That’s down from last week.

Inventory 285

Inventory Contracts New Listings Buyers 285

Housing Wire

OCTOBER 21, 2022

On Thursday the National Association of Realtors reported that we had a 23.8% Rates have gone up so fast that new listing data has declined since the end of June; this impacts supply and demand. having rates of 5% and below, you can see why some sellers are hesitant to list their homes and move. However, going from 2.5%

Housing Market 283

Housing Market Inventory New Listings Mortgage 283

Cleveland Appraisal Blog

JANUARY 5, 2023

According to Altos Research, 42% of the single-family home listings in Cuyahoga County have received price reductions. Some of this is seasonal, but a good portion of the declines recently is due to buyers not being able to afford as much as they once were due to the rate hikes. In June of 2022, the list-to-sales price ratio was 103%.

Housing Market 369

Housing Market Marketing Appraisal Inventory 369

Lamacchia Realty

SEPTEMBER 30, 2021

It also looks at other metrics like New Listings and New Pending Sales as they are often the best indicators for predicting future trends in the market. 2019 will be examined in some areas to highlight the lingering impact of COVID in real estate. Miami-Dade & Palm Beach Counties. What's Ahead?

New Listings 55

New Listings Real Estate Realty Buyers 55

Will Springer Realtor

AUGUST 11, 2023

As the chart shows, a historically large segment of Millennials is inching toward 36, the median age of a first-time home buyer in the U.S. also the oldest age of a first-timer ever recorded by the National Association of Realtors® (NAR). An index score of 100 means that a buyer with a median U.S.

Buyers 36

Buyers Development Construction New Listings 36

Lamacchia Realty

DECEMBER 27, 2021

It also looks at other metrics like New Listings and New Pending Sales as they are often the best indicators for predicting future trends in the market. 2019 will be examined in some areas to highlight the lingering impact of COVID in real estate. November 2020. ?It Broward County. Miami-Dade & Palm Beach Counties.

New Listings 41

New Listings Buyers Realty Inventory 41

Lamacchia Realty

JANUARY 24, 2022

It also looks at other metrics like New Listings and New Pending Sales as they are often the best indicators for predicting future trends in the market. 2019 will be examined in some areas to highlight the lingering impact of COVID in real estate. Broward County. Miami-Dade & Palm Beach Counties. What's Ahead?

New Listings 49

New Listings Inventory Buyers Realty 49

Will Springer Realtor

APRIL 9, 2024

That was highlighted by a 30% month-to-month gain in total home sales (single-family, townhome and condos combined) across the county in March and unseasonably low supply for buyers. The 2166 single-family new listings in King are the lowest of any March since records were archived online in 1991. above the list price.

Marketing 60

Marketing Inventory Buyers Sellers 60

Lamacchia Realty

OCTOBER 27, 2021

It also looks at other metrics like New Listings and New Pending Sales as they are often the best indicators for predicting future trends in the market. 2019 will be examined in some areas to highlight the lingering impact of COVID in real estate. Local buyers are going to have to be prepared to compete for homes.

New Listings 52

New Listings Realty Inventory Buyers 52

Empire Appraisal Group

JANUARY 4, 2023

Florida Realtors. Buyer demand has dropped due to rising rates, and seller supply slowed too, creating an uneasy balance. But if buyers drop or sellers expand more, it will impact prices. NEW YORK – The U.S. The start of the year, of course, is when homeowners and real estate agents start to bring new inventory to market.

Inventory 78

Inventory Open Houses Sellers Real Estate 78

Lamacchia Realty

AUGUST 30, 2021

It also looks at other metrics like New Listings and New Pending Sales as they are often the best indicators for predicting future trends in the market. 2019 will be examined in some areas to highlight the lingering impact of COVID in real estate. Miami-Dade & Palm Beach Counties.

New Listings 45

New Listings Buyers Realty Real Estate 45

Lamacchia Realty

JUNE 25, 2021

It also looks at other metrics like New Listings and New Pending Sales as they are often the best indicators for predicting future trends in the market. That is part of the reason that we go back to 2019, so that we can get a better comparison. from 2019 to 2021 and by 40.1% Townhome listings increased by 10.7%

Sellers 46

Sellers Buyers New Listings Realty 46

Lamacchia Realty

NOVEMBER 26, 2021

It also looks at other metrics like New Listings and New Pending Sales as they are often the best indicators for predicting future trends in the market. 2019 will be examined in some areas to highlight the lingering impact of COVID in real estate. Data provided by Florida Realtors® SunStats. Buyer Resources.

Realty 52

Realty Buyers Inventory New Listings 52

Will Springer Realtor

FEBRUARY 9, 2022

The affordability question is becoming more difficult to justify too, as home prices and interest rates rise amid other challenges facing buyers.“That’s Buyers with the deepest pockets may wait, however. home buyers. Yes, buyers and sellers, we are in a rare price correction period for single-family home sales in King County.

Buyers 36

Buyers Law Inventory Development 36

Lamacchia Realty

MAY 26, 2021

It also looks at other metrics like New Listings and New Pending Sales as they are often the best indicators for predicting future trends in the market. That is part of the reason that we go back to 2019 so that we can get a bigger comparison. Broward county new listings increased by 51.6% Broward County.

New Listings 38

New Listings Real Estate Sellers Realty 38

Cornerstone

OCTOBER 5, 2021

As a recent Realtors Confidence Index published by the National Association of REALTORS® (NAR) shows, homes are still selling at a rapid pace — staying on the market for an average of only 17 days. This is excellent news if you’re a seller. Average days on the market reflect current levels of buyer demand.

Sellers 53

Sellers Loan Officers Inventory New Listings 53

Lamacchia Realty

JANUARY 27, 2023

The 2022 Connecticut Year in Review Housing Report breaks down sales, new listings, new pending sales, active inventory, and average price compared to the 2021 market and analyzes what the data means for the current housing market and beyond. sellers and buyers) began to restore itself. Sales Down 18.8%

Inventory 52

Inventory Sellers Buyers Real Estate 52

Will Springer Realtor

SEPTEMBER 12, 2023

The market is spooking many potential buyers and sellers thanks to stubbornly high mortgage interest rates. Only buyers and sellers who must move are doing so. fewer new listings, the rate of sales rose 1.7% fewer new listings (1998) compared to July and 5.0% While there were 5.8% against the previous month.

Finance 68

Finance Inventory Construction Buyers 68

Lamacchia Realty

JULY 26, 2021

It also looks at other metrics like New Listings and New Pending Sales as they are often the best indicators for predicting future trends in the market. That is part of the reason that we go back to 2019, so that we can get a better comparison. New active listings increased for both singles and condos/townhomes.

Buyers 36

Buyers Sellers New Listings Realty 36

Listing Spark

SEPTEMBER 25, 2023

From late summer of 2022 to now, the Texas real estate market has experienced one of the most unpredictable corrections in recent history, leaving a lot of home-buyers and sellers scratching their heads and trying to make sense of what is going on. The big twist? A sharp increase in interest rates. We’re looking at around 3.8

Real Estate 69

Real Estate Sellers New Listings Inventory 69

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. Flood of buyers – As I noted last month , Millennials will fuel this housing market for at least a decade to come as about 4.5 range won’t last forever.

Housing Market 36

Housing Market Marketing Inventory New Listings 36

Will Springer Realtor

MAY 13, 2024

.” Bough presided over a trial last year that ended in a $1.8B (yes, with a “B”) verdict against the National Association of Realtors® (NAR). >> The number of people working in downtown Seattle offices is about 52% of the daily foot traffic seen in 2019 – a year before the start of the pandemic. of Kirkland waterfront.

HOA 36

HOA Transportation Construction Buyers 36

Will Springer Realtor

AUGUST 9, 2021

“There is a strong desire for homeownership across this country, but the lack of supply is preventing too many Americans from achieving that dream,” said Lawrence Yun, chief economist for the National Association of Realtors® (NAR). Housing affordability decreased in 45 of the 50 states from 2012 to 2019. percentage points.

Construction 36

Construction Inventory Property Taxes Development 36

Will Springer Realtor

JUNE 8, 2022

The pandemic has made attaining ownership more difficult, particularly in housing-starved Seattle (pictured) and across King County where the number of homes on the market (Active listings) has trended lower for most of the past decade-plus. Snohomish County’s Active listings more than doubled – to 1182 – from 500 from a year ago.

Design 36

Design Construction Development Property Taxes 36

Will Springer Realtor

APRIL 8, 2021

More buyers are making larger down payments. Buyers in the U.S. were putting down $24,500 in the most recent survey, up a whopping 82% from Q4 2019 ($13,441). home was $313,000 through February, a sharp 16% higher from a year ago, according to the National Association of Realtors® (NAR). BY THE NUMBERS. housing markets.

Inventory 36

Inventory New Listings HOA Buyers 36

Will Springer Realtor

JULY 8, 2022

Even stock investments, the source of many down payments for buyers, have taken a heavy blow. Any prospective home buyer working outside the tech sector may be watching from the sidelines until the economy becomes less volatile. FOR FIRST-TIME BUYERS, NOW WHAT? The portion of first-time buyers among the pool of U.S.

Housing Market 36

Housing Market Marketing Inventory HOA 36

Will Springer Realtor

SEPTEMBER 8, 2021

It’s particularly true among homes priced at or below $500,000 in King County, where only 737 of those properties sold in August (36% fewer than in August 2019). The good news comes from major national builders who have shared their forecasts for growth in the coming years. BY THE NUMBERS. >> Buyers secured 3.8 That’s fair.

Construction 36

Construction Inventory Buyers Real Estate 36

Will Springer Realtor

MAY 9, 2022

Between 2011 and 2019, the median household income in our area increased by about 34% but housing prices jumped 78%. Microsoft has committed $750M since 2019 to help support the creation of more affordable homes in Seattle metro. It has also set its sights on rezoning portions of the city to increase housing density.

Architecture 36

Architecture Design Buyers Construction 36

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. >> Only 24% of Black households can afford a new home at the U.S. THE ROI OF HOME RENOVATION.

Buyers 36

Buyers Development Transportation Inventory 36

Will Springer Realtor

MAY 12, 2021

Amid the challengers for buyers, there is an expectation for housing activity to continue puffing its Thomas the Tank Engine without a misfire – at least through early summer – before possibly lowering a gear. One of the reasons for the continued home-sales intensity – in any season – is a key group of “new” buyers.

Real Estate 36

Real Estate Inventory Buyers Construction 36

Will Springer Realtor

SEPTEMBER 12, 2023

It has been discussed in this newsletter the sharp decline in Seattle office occupancy; most recent stats show weekday worker foot traffic in downtown at 55% of July 2019 traffic, a figure that will likely increase – but by how much more? Only buyers and sellers who must move are doing so. While there were 5.8%

Sellers 36

Sellers Development Retail Real Estate 36