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Where are home prices headed this spring?

Housing Wire

So while we can see currently the prices of home sales holding up, the signals for the end of 2024 and into 2025 seem to suggest we’re heading for flat home prices. New listings Each week this spring we’ve been tracking the new listings volume. In total, new listings data is 14% more than last year.

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A soft landing for the real estate market. What’s next?

Housing Wire

The median price of the homes in contract is higher than last year and the new sales each week are up a few percent over last year. We could see inventory from distressed sellers emerge in 2025. Last year if you listed your home in July, you priced at a discount because there were no buyers. There was no crash.

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How this week’s Fed meeting could impact inventory

Housing Wire

real estate market were for inventory growth, sales growth and home-price growth across the U.S. New listings Last week, 59,000 new single-family listings came to market. New listings volume continues to run ahead of last year and we see more sellers than last year. They climbed starting Jan.

Inventory 379
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Mostly Positive Start to 2024 Housing Activity in Seattle/King County

Will Springer Realtor

The final months of 2023 were among the quietest periods in recent memory for residential real estate amid a slow year overall. 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. fewer (1842) than on Jan.

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Eastside Residential Market Sees Big Gains in Sales, Prices

Will Springer Realtor

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. However, we are missing the typical boost of sellers. and end next year at about 6.0%.

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High Financing Hurdles Lead to Low Housing Activity in Seattle/King County

Will Springer Realtor

There is a feeling of Halloween in the real estate world because this housing market is a bit scary these days. fewer new listings, the rate of sales rose 1.7% fewer new listings (1998) compared to July and 5.0% At least that’s what some economists have expressed. While there were 5.8% There are 7.4%

Finance 68
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Housing Data – Including Prices – Jump in Latest Market Review

Will Springer Realtor

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. Prices rose, too, to near-record highs.