Housing Wire

NOVEMBER 18, 2022

The National Association of Realtors (NAR) reported today on two trends in existing home sales that we have seen for many months now: sales are declining while total inventory data has fallen directly for the three straight months. However, I knew the years 2020-2024 would see better demand from the bump in demographics.

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Housing Wire

MARCH 12, 2021

Trulia and the National Association of Realtors are also named in the suit. Zillow now has brokerage licenses in all 50 states , which has allowed it to transition from being a listing distribution partner to a member of NAR and local Realtor associations, giving the company access to Internet Data Exchange (IDX) feeds.

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Housing Wire

JULY 13, 2021

bidding-war rate Redfin saw in June 2020, when the housing market was starting to rebound from a temporary standstill triggered by pandemic shutdowns, said Laura Sechrist Molenda, a Redfin real estate agent based in Southern California. million homes, according to the National Association of Realtors. in May and a peak of 74.1%

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Housing Wire

FEBRUARY 23, 2024

Our data lines here at Housing — which track things weekly — show inventory is growing year over year with new listings growth as well. The days on market are very seasonal, but we haven’t had the days on market stay over 30 days year-round since 2020, which is a reflection of active listings still being near all-time lows.

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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. Thank goodness Realtors were deemed essential.”.

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Housing Wire

APRIL 25, 2024

There is no way you can stay on top of things unless you hire someone to watch new listings pop up every 10 minutes. While DeRoussel’s experience sounds exactly like many of the stories that emerged from the pandemic-fueled homebuying frenzy of 2020 and 2021, this happened just a few weeks ago in early April 2024.

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Eppraisal

MARCH 18, 2022

According to data from Realtor.com, "The inventory of homes for sale dropped 53% between April 2020 and April 2021." Some agents even have an "ABR" designation (Accredited Buyer's Representative) from the National Association of Realtors. Currently, there is a historic and dire shortage of houses for sale.

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Housing Wire

JUNE 21, 2021

Currently on Realtor.com , more than 2,000 homes are currently on the market in Knoxville with an average listing price of $270,000. According to the Knoxville Area Association of Realtors , the number of houses for sale in 2020 was down 47.5% How 2020 is still shaping the way lenders use data. year-over-year.

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Housing Wire

OCTOBER 21, 2022

On Thursday the National Association of Realtors reported that we had a 23.8% With such massive home-price growth in 2020 and 2021 breaking my affordability model, I knew we were at high risk of a more significant sales decline than usual if the 10-year yield broke over 1.94%, which meant 4% + mortgage rates. However, going from 2.5%

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Cornerstone

FEBRUARY 15, 2022

When the pandemic first hit in early 2020, mortgage forbearance plans were announced, allowing homeowners in crisis to temporarily stop payments. Recent data from the Mortgage Bankers Association (MBA) examined how homeowners concluded forbearance from June 2020 to November 2021. Reading Time: 4 minutes. According to the MBA, 38.6

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Housing Wire

MARCH 22, 2024

“I think one of the major trends we are seeing is that our overall inventory is up 60% year over year compared to 2023,” said PJ Smith, president of the Naples Area Board of Realtors and the broker-owner of Naples Golf to Gulf Real Estate. “We Smith attributes the uptick in inventory to a bump in new listings.

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Housing Wire

MAY 21, 2021

million, the National Association of Realtors reported on Friday. Despite the decline, housing demand is still strong compared to one year ago, evidenced by existing home sales from this January to April, which are up 20% compared to 2020. from April 2020 as every region recorded a price increase. from April 2020.

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Housing Wire

MARCH 29, 2024

From 2020 until the middle of 2022, the Austin metro area was turning heads for its massive influx of homebuyers and its exponential home price growth. In early March 2020, prior to the onset of the pandemic , the 90-day average median list price for a single-family home in the area was $357,000.

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Housing Wire

MARCH 8, 2024

70 towns, 90 new listings Local agents say the county’s tight inventory situation is largely to blame. “We We have been complaining about the lack of inventory for as long as I can remember, but then we at least had more listings,” Danny Yoon , an Edgewater, New Jersey-based Sotheby’s International Realty agent, said.

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Housing Wire

MARCH 1, 2024

Sales from 2022 to 2023 were down 14%,” Mark Fischer, the CEO of the Indiana Realtors Association , said. “We We were up year over year in inventory , but we were at a 25 year low on new listings.” Last year was a tough one for the Indiana real estate market. According to Altos Research, as of Feb.

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Housing Wire

FEBRUARY 25, 2021

in January from December, according to a report from the National Association of Realtors. And even with another month-to-month drop, pending home sales were 13% higher in January 2021 than they were in January 2020. million in 2020. and Canada – many of which shuttered in early 2020 for health and safety reasons.

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Eppraisal

OCTOBER 2, 2021

The real estate markets in 2020 and so far in 2021 have been like no other. The demand for homes has been and is still high, as eager buyers rush to new listings and submit offers quickly. According to the National Association of Realtors Chief Economist, Lawrence Yun, home supply is down 12% from one year ago.

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Housing Wire

JULY 20, 2023

Even with mortgage rates near or above 7% for two months, we haven’t seen dramatic moves in the purchase application data or active and new listings data. The housing market has slowed and stabilized itself with higher rates, but the existing home sales market isn’t growing like the new home sales market.

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Housing Wire

JANUARY 29, 2021

drop in November , according to a report from the National Association of Realtors. ” The overall drop in pending home sales over the final quarter of 2020 can be contributed to a lack of inventory, according to Lawrence Yun, NAR’s chief economist. million in 2020. pending home sales dipped to the tune of 0.3%

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Housing Wire

JULY 20, 2021

New listings are also up 4% year over year, meaning more properties are hitting the housing market for buyers to bid on. million homes, according to the National Association of Realtors. Redfin reported recently that 65% of home offers written by company agents in June faced competition, down from a rate of 72.1% million and 1.92

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Cleveland Appraisal Blog

JANUARY 5, 2023

Interestingly, the highest number of pending sales we saw in recent years was in December 2020. While we still have a significant shortage of housing inventory in Cuyahoga County, we had more active listings last month than we had in December 2020 and 2021. We can expect more listings in the future.

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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 median price of the new listings is $400,000 this week. The price of the new listings is basically unchanged from 2022. We’re going to start today looking at the pending sales.

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Listing Spark

SEPTEMBER 25, 2023

Fewer New Listings The number of new listings hitting the markets has continued to fall, mainly because a substantial segment of the market that was both buying and selling has essentially disappeared. The Rise of New Construction Homes New construction is stepping up to fill the void in the market.

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Lamacchia Realty

SEPTEMBER 30, 2021

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for August 2021 compared to August 2020. Data provided by Florida Realtors® SunStats. What's Ahead?

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Lamacchia Realty

AUGUST 30, 2021

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for July 2021 compared to July 2020. Broward County. Miami-Dade & Palm Beach Counties.

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Lamacchia Realty

DECEMBER 27, 2021

November 2020. ?It 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. Sales, average price and pending sales increased, but new listings decreased year over year for c ondos/townhomes. . Broward County.

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Lamacchia Realty

JANUARY 24, 2022

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for December 2021 compared to December 2020. Data provided by Florida Realtors® SunStats. Broward County.

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Lamacchia Realty

OCTOBER 27, 2021

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for September 2021 compared to September 2020. Data provided by Florida Realtors® SunStats. What's Ahead?

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Lamacchia Realty

SEPTEMBER 29, 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. Broward County single family and condo/townhome closed sales, new listings, and pending sales decreased. Data provided by Florida Realtors® SunStats.

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Lamacchia Realty

NOVEMBER 26, 2021

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for October 2021 compared to October 2020. Data provided by Florida Realtors® SunStats. Buyer Resources.

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Lamacchia Realty

MAY 26, 2021

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for April 2021 compared to April 2020. Broward county new listings increased by 51.6%

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Lamacchia Realty

JUNE 25, 2021

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for May 2021 compared to May 2020. to 2,071 sales over 2020 which had 715 sales. from 2020 to 2021.

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Lamacchia Realty

JANUARY 30, 2024

The attempt to restore equilibrium in interest rates, following their drastic drop in 2020, brought about then of pandemic-induced rates, resulting in a sustained presence of higher monthly mortgage payments. The frenzied market of 2021 was unsustainable, and consumers and REALTORS alike hoped for a return to normalcy.

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Lamacchia Realty

JULY 26, 2023

We recently published a report that covers the first half of 2023 which exhibited the least number of homes listed (for the full story click here) over a 6-month period (two consecutive quarters) since records have been kept (red line). Pending Home Sales (contracts accepted) The number of homes placed under contract declined 20.8%

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Lamacchia Realty

JULY 26, 2021

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for June 2021 compared to June 2020. Condo/townhome sales in 2020 came to 1,020 and jumped to 2,318.

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Will Springer Realtor

MAY 14, 2024

The trend is somewhat similar in the category of single-family homes (which our MLS includes townhomes), with the number of new listings in King up 26% YoY and 18% since March (2551). Active listings (available as of May 1) rose 16% for the month to 1727 homes but were 6.2% in April and 16% YoY to a median of $670,000.

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Will Springer Realtor

JANUARY 10, 2023

The article will include the latest monthly data from the Northwest Multiple Listing Service, analysis from national and local experts and a glimpse ahead at what to expect in the coming weeks. Will Springer, Realtor®. for the year, the first YoY price decline in the county since May 2020 early in the pandemic.

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