Remove 2021 Remove Contracts Remove Marketing Remove New Listings
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Altos: Sellers are coming back to the housing market, can buyers keep up?

Housing Wire

Each week — for several months now — inventory levels of unsold homes on the market has been expanding compared to last year. New listings each week, which were record few last year, are growing now. New listings each week, which were record few last year, are growing now. They essentially bypass the active market.

Sellers 350
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Experts optimistic about home sales in 2021

Housing Wire

However, contract signings rose 21.4% Realtor.com’s Housing Market Recovery Index showed significant contract growth, specifically in Portland, Las Vegas, Denver, Los Angeles, and Boston. million in 2021, Yun said. The post Experts optimistic about home sales in 2021 appeared first on HousingWire.

Contracts 529
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Expect the growth rate of existing home prices to cool down this year

Housing Wire

One difference between 2023 and 2024 is that this year the pending contract data shows small but steady year-over-year sales growth. I love that new listings data is growing yearly, but it’s been too light for me. Our weekly tracking data is months ahead of the existing home sales report, so we always give readers a heads-up.

Inventory 449
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Here’s what is happening in local housing markets across the country

Housing Wire

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. Aspen, Colorado. Of those 12 homes purchased, 10 cost at least $5 million.

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Housing Market Tracker: Mortgage rates and inventory fall together

Housing Wire

The financial and housing markets are still trying to sort out the banking crisis and whether we have seen the last Fed rate hike in this cycle. Active inventory fell 1,109, and new listing data made a lovely comeback week to week but was still noticeably down year over year. In a regular market, they would be closer to 5.25%.

Inventory 434
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Home inventory is climbing even faster than this time a year ago

Housing Wire

This is a demand-driven slowdown, because new listings supply is still running 9% to 10% fewer homes for sale each week than this time last year. We’re seeing fewer new sellers each week, but inventory is building as homebuyers wait to see if mortgage rates will come down to make purchases more affordable. from last week.

Inventory 481
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Buyers are getting cold feet as mortgage rates exceed 7%: Redfin

Housing Wire

of homes that went under contract that month, according to a new report from Redfin. Home prices not expected to fall Home prices are high due to competition among buyers for limited inventory in the market. New Listings Tick Up Slightly, But Overall Housing Supply Remains at Record Low New listings rose 0.8%

Buyers 390