Housing Wire

JULY 17, 2023

By October 2022, it looked like 2023 would have rising inventory and falling home prices. Inventory has fallen all year. The peak of inventory for 2023 so far was the week of the New Year — that is insane. We could see inventory from distressed sellers emerge in 2025. I grew pretty bearish again. is $450,000.

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Real Estate Marketing Inventory Contracts 296

Appraisal Today

JUNE 10, 2022

” The most popular reason for respondents rebuffing the bubble thesis is strong market fundamentals, including demographics, scarce inventory and shifting housing preferences. recession to begin in 2023, which gathered more votes than 2022 (30%), 2024 (8%) or 2025 and beyond (17%). percent of total applications from 31.5

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Housing Wire

AUGUST 16, 2023

The speed of the rate hikes has shrunk gain-on-sale margins because mortgage companies haven’t contracted quickly enough to offset falling demand. His prediction is that 2025 and 2026 “will be off the charts.” But servicing performance has been exceptional. Ishbia’s goal is to get the broker channel back to 33% overall market share. “It

Retail 335

Retail Real Estate Agent Business Mortgage 335

Will Springer Realtor

APRIL 9, 2024

It was particularly true on the Eastside, where sales surged 52% from February to March and 9% year-on-year (YoY) and inventory narrowed to under a month (29 days) before all homes for sale would theoretically be under contract if no others hit the market. months (20 days) of available inventory. Inventory stood at 1.3

Marketing 60

Marketing Inventory Buyers Sellers 60

Will Springer Realtor

FEBRUARY 13, 2024

Total inventory remains low, however, keeping prices higher on an annual basis. We know buyers are eager to purchase properties, as 39% more homes went under contract in January (1719 units) compared with the previous – admittedly quiet – month. months’ inventory, up from 1.4 months’ inventory (2.0 in Q1 2025 (6.3%) 5.6%

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New Listings Buyers Inventory Lending 54

Appraisal Today

FEBRUARY 2, 2024

As someone who’s potentially interested in ‘training’ appraisers on the new process, it seems to me that providing training in Q2 2025 would be more appropriate than 6 months before. Additionally, it becomes critical to dig deeper into granular inventory metrics beyond total listing tallies. What does this mean for appraisers?

Appraisal 67

Appraisal Contracts Training Real Estate 67

Will Springer Realtor

MAY 14, 2024

Every key data point from the Northwest Multiple Listing Service (MLS) gained ground against the previous month – as often happens with the spring housing season taking stride – including the number of new and active listings, homes going under contract and final sales. months of inventory, including 1.3 In addition to King County’s 2.9%

Marketing 36

Marketing Inventory Buyers Sellers 36

Will Springer Realtor

MAY 13, 2024

Housing inventory nationwide flipped from oversupply to undersupply about a dozen years ago when consumers and the banking industry began to slowly rebound financially from the Great Recession. America’s shortfall is most acute with the most vulnerable, as affordable housing inventory has been shrinking for decades.

HOA 36

HOA Transportation Construction Buyers 36

Will Springer Realtor

SEPTEMBER 12, 2023

The number of homes going under contract – known in the industry as Pending sales – fell to 2340, an August figure not seen in King since 2010 when there were only 1580 in the heart of the housing crisis. Inventory was little changed from July to August. months’ inventory, down from 1.5 Condo inventory stayed at 1.8

Finance 68

Finance Inventory Construction Buyers 68

Will Springer Realtor

DECEMBER 13, 2022

That real estate party of unquenchable buyer demand against a backdrop of low inventory is over. In his estimate: “Homebuilding’s going to contract.”. Realtor.com anticipates the market recalibration could last through 2025. Homes go under contract in a median 20 days, up an additional 11 days from only a month earlier.

Real Estate 36

Real Estate Buyers Construction Sellers 36