Housing Wire
MARCH 28, 2024
The class encompasses home sellers across 20 local MLSs. In its filing, HomeServices asked for a review of an August 2023 ruling by the Eighth Circuit Court, which found that HomeServices could not enforce arbitration agreements signed by seller clients of its franchisees. The trial would take place in Chicago at the U.S.
Housing Wire
DECEMBER 19, 2023
The defining characteristic of the 2023 housing market has been dramatically fewer home sellers than any recent year. In this week’s Altos Research video, I look at how home sellers and sales are up, but that doesn’t mean prices will climb in 2024. Could we see new inventory from distressed sellers if we see a deep recession?
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Housing Wire
MARCH 25, 2024
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. More sellers means more sales will happen. We can measure home sales in real time by tracking all the homes that moved to contract pending status this week.
Housing Wire
MARCH 18, 2024
New listings volume continues to run ahead of last year and we see more sellers than last year. Last year was probably a record low for mid-March as we had very few sellers. For the rest of 2024 we should expect to have more sellers than a year ago, which is a very good thing. That’s 15% more than the same week a year ago.
Housing Wire
JULY 17, 2023
Sellers have not materialized, and buyers have been buying everything that becomes available. 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. I grew pretty bearish again.
Housing Wire
NOVEMBER 1, 2023
We could be down to 60,000 to 70,000 originators by 2025.” And so virtually every deal being put on the table now is an asset-only, earn-out offer, with no money upfront, so they [the seller] get paid assuming the buyer makes a profit. “So, So, the deals aren’t as attractive to sellers. …We’ll
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. However, we are missing the typical boost of sellers. since February and 9.8%
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