Housing Wire

DECEMBER 3, 2020

Total home sales are outpacing new listings by a wide margin every month, and real estate tech company Homesnap foresees the shortage continuing in 2021 unless more sellers enter the market. The divide between supply and demand is striking: compared to last year, total new listings increased.22%,

Inventory 546

Inventory Housing Market Marketing New Listings 546

Housing Wire

JANUARY 13, 2024

So let’s hope for more home sellers in 2024. 6-13): Inventory rose from 471,349 to 473,406 The inventory bottom for 2022 was 240,194 The inventory peak for 2023 is 569,898 For context, active listings for this week in 2015 were 931,002 I don’t want to jinx this because active inventory rose last year at this time. 2022 21.7%

Inventory 525

Inventory New Listings Retail Mortgage 525

Housing Wire

FEBRUARY 7, 2024

With mortgage rates briefly topping 8% and home prices breaking records throughout the year, many would-be sellers simply decided not to bother listing their homes, exacerbating already tight inventories. New data from the U.S. The environment has also prompted many homeowners to list their homes for rent rather than sale.

Inventory 397

Inventory Sellers Mortgage Marketing 397

Housing Wire

DECEMBER 21, 2022

.” One of the housing economic realities that I have been trying to stress this year is that a traditional seller of a home is typically a buyer as well. This explains why total active listing inventory data has been stable over the decades, with the exception of 2006-2011, when those forced distressed credit home sellers couldn’t buy.

Inventory 515

Inventory New Listings Housing Market Sellers 515

Housing Wire

FEBRUARY 27, 2023

Weekly housing inventory decreased by 6,801, while new listing data is still negative year-over-year. 11-18): Fell from 247,385 to 243, 916 Another storyline with inventory is taking hold now, and new listing growth once again is negative year over year. However, we are noticeably down from the 2019 levels.

Housing Market 413

Housing Market Marketing Inventory New Listings 413

Housing Wire

NOVEMBER 18, 2022

I didn’t have to worry about this in the previous expansion — as my long-term work stated for a decade, the years 2008-2019, would have the weakest housing recovery ever. This article , which I wrote in 2019, does show you the historical work in the past decade on the housing bubble talk. This is not a positive for the housing market.

Inventory 463

Inventory Marketing Housing Market New Listings 463

Housing Wire

MAY 4, 2023

The number of new listings coming on the market this spring is lower than it has been in more than a decade. Sales and new pending contracts are below pre-pandemic levels. Bright MLS’ recent survey showed that sellers in the Mid-Atlantic received an average of 3.4 Selective sellers. Who is selling right now?

Housing Market 398

Housing Market Marketing Inventory Buyers 398

Housing Wire

MAY 21, 2021

Nearly 50% of homes sold for more than their list price during the four weeks ending May 16, but there are signs that housing market demand may be reaching its peak, according to a recent study from Redfin. 2019 is being used as a reference point since 2020 data is skewed by the pandemic.). .

Housing Market 539

Housing Market Marketing New Listings Mortgage 539

Housing Wire

JULY 13, 2021

Two of my buyers just had their offers accepted because the sellers’ first buyers backed out. An improving supply situation may also be making a difference, with new listings up 4% year over year — meaning more properties are hitting the market for buyers to bid on. million and 1.92 million to 5.61

Inventory 493

Inventory Housing Market Real Estate Agent Buyers 493

Housing Wire

MAY 24, 2021

Pending sales for the seven-day period ending May 16 were down 10% from four weeks prior, compared to an 8% increase during the same period in 2019. 2019 is being used as a reference point since 2020 data is skewed by the pandemic.). Mortgage purchase applications also decreased 4% week over week.

Realtors 471

Realtors Buyers Housing Market New Listings 471

Housing Wire

OCTOBER 15, 2021

Most sellers who are on the market now are very motivated to move: landlords with vacant homes, families who already upgraded and need to sell their previous homes, couples splitting up,” David Palmer, a Redfin listing agent, said in a statement.

Contracts 397

Contracts Landlords Inventory New Listings 397

Housing Wire

SEPTEMBER 22, 2022

Existing home sales have more legs to go lower, especially now that new listing data is falling. A traditional primary resident seller is also a buyer, which means if they don’t list, they’re not just taking a potential home to be bought off the table — they’re taking a future sale off the books as well.

Inventory 444

Inventory Housing Market New Listings Mortgage 444

Housing Wire

AUGUST 27, 2020

Home sellers are seeing their homes go under contract in record time, with nine new contracts for every 10 new listings.”. gain compared with 2019. “We are witnessing a true V-shaped sales recovery as homebuyers continue their strong return to the housing market,” said Yun. million, a 1.1%

Contracts 477

Contracts Realtors New Listings Real Estate 477

Housing Wire

MARCH 6, 2023

Growing supply shortages are holding housing prices higher, and affordability constraints coupled with elevated rates lock potential sellers in place. 25, purchase lock counts were 21% below the same week in 2019, and 30% below the levels during the same week in 2018. As of the week ending Feb. Months of supply stagnated at about 3.1

Housing Market 383

Housing Market Marketing Inventory Sellers 383

Housing Wire

OCTOBER 20, 2022

Buyers, builders and sellers take a step back as inflation persists . On the heels of heightened mortgage rates and persistent inflation, buyers, builders and sellers have taken a step back to consider their best course of action. Sellers are responding to the shift in the market and pulling back on listing activity, resulting in a 9.8%

Mortgage 399

Mortgage Sellers Buyers New Listings 399

Will Springer Realtor

AUGUST 15, 2023

Ah, for the good old days of 2019 – when we could stomach home prices closer to the mid-million-dollar mark and housing options were somewhat plentiful amid a mildly competitive buyer environment. King County new listings fell 13% from June to July (2158), led by a 20% slide in Seattle (690). softer on the Eastside.

Sellers 60

Sellers Buyers New Listings Inventory 60

Housing Wire

OCTOBER 11, 2022

There’s a showdown at the housing market corral between homebuyers and sellers. I talk about 2019 inventory levels a lot because in 2019 real home prices briefly went negative, showing that you don’t need to have six months plus of inventory to have pricing cool down. Image by Brandon Johnson/HW Media.).

Sellers 498

Sellers Inventory Housing Market New Listings 498

Housing Wire

AUGUST 3, 2022

We saw this in 2013-2014 and 2018-2019. million to the lows of January 2019 at 4.98 They have to move as well, so a traditional seller is a buyer most of the time when it’s a primary resident owner. The downside of rates moving up so quickly is that some sellers pull the plug until rates are better. million to 5.12

Mortgage 498

Mortgage Inventory Sellers Housing Market 498

Housing Wire

APRIL 22, 2024

We negotiated to get the sellers the highest price possible. Even if you’re months or even years away from moving, a seller’s prep session is one of the services I offer homeowners. Many of us are in sellers’ markets with very low inventory. The goal in prospecting FSBO sellers is to be that agent.

Real Estate 349

Real Estate Open Houses Brokerage Real Estate Agent 349

Housing Wire

AUGUST 30, 2022

NAR Total Listing Data: If we cut the timeline to the last time inventory grew, which was 2014, you can see this downtrend in inventory, unlike 2001-2005, when inventory grew from 2 million to 2.5 crash, especially from 2012-2019. I don’t need to see total active listing get back to the historical range of 2-2.5 From Redfin.

Inventory 382

Inventory New Listings Law Housing Market 382

Housing Wire

FEBRUARY 6, 2023

While buyers seem to be returning to the market early in 2023, purchase loans locked in January are still off by 13% compared to the 2018 and 2019 pre-pandemic levels. As sales volumes continued to slump, inventory growth stalled, as sellers are taking a step back from listing their homes. and rate/term accounting for just 4.6%.

Inventory 381

Inventory Mortgage New Listings Home Value 381

Housing Wire

FEBRUARY 20, 2023

Another week down in 2023 and we’re seeing crazier action in the housing market as purchase application data fell, mortgage rates rose again, and weekly inventory took another dive with a noticeable move lower in new listing data.

Inventory 384

Inventory Housing Market Mortgage Marketing 384

Housing Wire

JANUARY 9, 2023

We want to see whether this weekly data stops declining before the spring seasonal push in inventory or if we will have a repeat of the second half of 2022, where we saw a lack of new listing growth. What we don’t want to happen this year is a decline in new listing data on a yearly basis. The week ahead.

Inventory 530

Inventory Housing Market Marketing New Listings 530

Housing Wire

JANUARY 16, 2023

One of my biggest concerns for housing started at the end of June 2022: once mortgage rates got above 6%, the new listing data began to decline faster and earlier than normal. This is a problem for the existing home sales market since a traditional seller is usually also a buyer, so the lack of listing growth was a big hit to demand.

Inventory 531

Inventory Housing Market Marketing Mortgage 531

Cleveland Appraisal Blog

JANUARY 5, 2023

Interestingly, the number of active listings has dropped every year since at least 2013. But it appears that we have hit the bottom when it comes to active listings. We can expect more listings in the future. Sellers are starting to realize that we are no longer in the same market as we were in 2020-2022.

Housing Market 369

Housing Market Marketing Appraisal Inventory 369

Empire Appraisal Group

JANUARY 4, 2023

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 metric had already been declining consistently for a decade through 2019, but the pandemic brought it to unthinkable lows.

Inventory 78

Inventory Open Houses Sellers Real Estate 78

Will Springer Realtor

APRIL 9, 2024

New listings (+17%), available homes at the start of April (+5.0%) and listings going under contract – also known as Pending sales – (+24%) were solidly higher when comparing month to month. However, we are missing the typical boost of sellers. above the list price. in Snohomish, 4.6% in Pierce and 3.5%

Marketing 60

Marketing Inventory Buyers Sellers 60

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. Seller Resources. Miami-Dade & Palm Beach Counties. No Comments.

New Listings 55

New Listings Real Estate Realty Buyers 55

Lamacchia Realty

JANUARY 25, 2024

Sales in New Hampshire declined by 18.9% The drop in nearly 4,000 closings wasn’t just because buyers weren’t buying; they would, but many couldn’t because sellers weren’t selling. The purple bars for 2023 compared to the green, representing 2019 pre-COVID, is a dramatic increase. Sales Decline by 18.9%

Inventory 52

Inventory Sellers Buyers Contracts 52

Berkshire Hathaway

MAY 5, 2021

The trend this year seems to be among buyers “why is it so hard to find a house” Well one of the answers is we are in the ultimate sellers’ market, which means the market it very competitive for buyers right now. Low inventory in the housing market isn’t new, but it is becoming a lot harder to navigate.

Housing Market 41

Housing Market Marketing Sellers Buyers 41

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

Berkshire Hathaway

DECEMBER 9, 2021

According to Housing Wire, “During the four week period ending November 28, the number of active listings was a 23% decrease compared to the same time period in 2020 and a 42% drop compared to 2019. This marks a 14% year-over-year increase and a 31% increase from 2019.

Inventory 52

Inventory New Listings Buyers Marketing 52

Lamacchia Realty

OCTOBER 26, 2021

2019 will be examined in some areas to highlight the lingering impact of COVID in real estate. Sellers for the first time in a while may not get to name their price in this fall market, as competition for homes is decreasing. Homes Listed For Sale: There were 6.8% fewer listings this year compared to last September 2020.

Inventory 67

Inventory Buyers Sellers Landlords 67

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 37

New Listings Real Estate Sellers Realty 37

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. Now, if you’re a home seller in Austin, patience is the name of the game.

Real Estate 69

Real Estate Sellers New Listings Inventory 69

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. Seller Resources. Broward County. What's Ahead? Buyer Resources.

New Listings 49

New Listings Inventory Buyers Realty 49

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