Lamacchia Realty

JULY 18, 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 June 2022 compared to June 2021. Data provided by Florida Realtors® SunStats. South Florida Inventory.

New Listings 36

New Listings Inventory Buyers Sellers 36

Lamacchia Realty

JUNE 27, 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 May 2022 compared to May 2021. Price Adjustments in this New Housing Market. June 21, 2022.

New Listings 36

New Listings Inventory Inspection Buyers 36

Will Springer Realtor

JANUARY 10, 2023

Each month, this blog will publish a fresh assessment of the King County area housing market. 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®.

Housing Market 36

Housing Market Marketing Inventory Real Estate 36

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. Broward County single family sales, new listings and pending sales decreased, but average price increased year over year. Broward County. What's Ahead?

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New Listings Inventory Buyers Realty 49

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. percent by the fourth quarter of 2022.”. Your house will probably sell fast.

Sellers 53

Sellers Loan Officers Inventory New Listings 53

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

New Listings 41

New Listings Buyers Realty Inventory 41

Lamacchia Realty

JULY 26, 2023

This Lamacchia Mid-Year Housing Report presents overall home sale statistics as of the first six months of 2023 compared to the same period last year, January 1 st to June 30 th , 2022. The same phenomenon occurred in last year’s mid-year as 2021 was higher than 2022. Number of Homes Sold Decreased by 24.8% for singles, 23.2%

Sellers 57

Sellers Inventory Buyers Contracts 57

Will Springer Realtor

MAY 14, 2024

since March and 11% YoY, and notably only $5K shy of the all-time high set in both April and May of 2022. 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). away from the May 2022 high.

Marketing 36

Marketing Inventory Buyers Sellers 36

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. The 2166 single-family new listings in King are the lowest of any March since records were archived online in 1991.

Marketing 60

Marketing Inventory Buyers Sellers 60

Will Springer Realtor

FEBRUARY 13, 2024

And, despite the rise in new listings, the number of homes still on the market on Feb. The figures were promising from the single-family-home category as well, with new listings jumping 129% (1335) from December in King and up a negligible 0.5% fewer (1842) than on Jan. from a year ago. more versus January 2023.

New Listings 54

New Listings Buyers Inventory Lending 54

Will Springer Realtor

JANUARY 9, 2024

The National Association of Realtors® noted an estimated 41% of owners remain in their homes for a duration equal to or exceeding the median tenure of 13 years thanks to today’s higher rates. I went into greater detail on this topic in a recent blog post.)In The new program will be funded by an increase in county recording fees. (A

Mortgage 36

Mortgage Real Estate Law Lending 36

Cornerstone

FEBRUARY 15, 2022

Likely that this will limit #foreclosure activity for a good part of 2022, while servicers explore all possible loss [mitigation] options.”. To find out more, read the New York State Attorney General’s warning. Today’s market can handle a million (or more) new listings. We’re seeing the opposite right now.

Loan Officers 59

Loan Officers Housing Market Inventory Mortgage 59

Will Springer Realtor

FEBRUARY 8, 2022

In a sellers’ market where new listings are scarce, owners are requesting time – days or weeks – to find their next residence and move. Attorneys can write language into the offer that may have more teeth than the standard rental agreement that a Realtor would include. 14, 2022.). Minefield, indeed!

Sellers 36

Sellers Buyers Landlords Tenants 36

Will Springer Realtor

MAY 13, 2024

Data experts mapped out this cohort’s gradual decline – from about 32M in 2022 to 23M in 2035, or approximately 9.2M ” 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). By 2035, they will be between 73 and 91. >> In total, 308.9K

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HOA Transportation Construction Buyers 36

Will Springer Realtor

DECEMBER 12, 2023

We have enjoyed working with many of you this year and providing informative stories and features in this newsletter as well as on the Living the Dream blog and social media platforms. I wrote in this newsletter 12 months ago about the bumpy – maybe even bruising – housing market of 2022 across Puget Sound and most of the country.

Real Estate 36

Real Estate Buyers Housing Market Law 36

Will Springer Realtor

APRIL 11, 2023

After nearly a year, the housing sector’s contraction is coming to an end,” notes Lawrence Yun, National Association of Realtors® chief economist, speaking about the U.S. When we breach the peak price of 2022, the pace should slow again,” notes local economist Matthew Gardner, quoted by the Northwest Multiple Listing Service. “We

Housing Market 36

Housing Market Marketing Buyers Sellers 36

Will Springer Realtor

AUGUST 11, 2023

also the oldest age of a first-timer ever recorded by the National Association of Realtors® (NAR). Click to expand any image or graphic from my newsletters and blog posts.) building permits were granted in Seattle between 2013 and 2022, with 85K of them for multi-family construction. Ah, yes, the pandemic.

Buyers 36

Buyers Development Construction New Listings 36

Will Springer Realtor

DECEMBER 19, 2023

The region’s real estate scene in 2023 will be remembered for rising home prices and scant new listings. As the year dims, all eyes fixate on 2024’s potential: a hopeful dance fueled by dreams of lower rates and a wave of new homes for sale. Buyers and sellers tiptoed through caution.

Real Estate 68

Real Estate Buyers Sellers Inventory 68

Listing Spark

FEBRUARY 7, 2024

trillion in 2022 and an eye popping $4.51 in 2022 to 3.3 in 2023 Active listings jumped 13.9% The list price to sales price ratio in Houston was 97.3% YOY to $335,000 Closed sales dropped 7% Active listings climbed 15.9% in 2022 to 3.4 National mortgage originations closed the year at less than $1.5

Real Estate 36

Real Estate Sellers Home Value Inventory 36

Will Springer Realtor

NOVEMBER 14, 2023

Sales activity across the county is at historic lows; no October has experienced fewer listings in King County – not even close – since at least 1992 when records were first archived online. New listings for all home types in King County stood at 2157, a whopping 25% drop from September to October. Closed sales fell 0.9%

Inventory 36

Inventory Buyers Sellers New Listings 36

Will Springer Realtor

SEPTEMBER 12, 2023

Here’s a blog post on the topic from last summer.) fewer new listings, the number of sales rose 1.7% The fun, which was a sell out in 2022, takes place at Phinney Center (6532 Phinney Avenue North). I will consider researching it for the blog. BY THE NUMBERS >> A survey of 2000 adults across the 50 largest U.S.

Sellers 36

Sellers Development Retail Real Estate 36

Will Springer Realtor

SEPTEMBER 8, 2021

The company forecasts an 8% YoY increase in new communities for 2021 across the U.S. and another 10% boost in 2022. Others – Meritage Homes (+20% YoY in 2021) and Tri Point Homes (+15-30% YoY in 2022) – expect tremendous growth of new communities. And many of the new projects are larger than in years past.

Construction 36

Construction Inventory Buyers Real Estate 36

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.” The market recalibration continues across King County with a sharp drop in new listings, Pending sales and closings while prices decline.

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Inventory Buyers New Listings Construction 36

Will Springer Realtor

OCTOBER 11, 2022

The inter-bank rate stands at about 3.1%, coincidentally the exact figure that Freddie Mac reported at the start of 2022 as the average mortgage rate in the U.S. We are now seeing “7s” in front of some rates to new mortgage consumers – a figure not seen since April 2002 – causing applications for new loans to hit a 25-year low this month. (

Housing Market 36

Housing Market Marketing Buyers Real Estate 36