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Altos: Sellers are coming back to the housing market, can buyers keep up?

Housing Wire

New listings each week, which were record few last year, are growing now. But home sellers are gradually easing back into this housing market. New listings volume climbing I want to start today with the new listings volume, which is notably finally climbing over last year’s anemic levels.

Sellers 350
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Prices for pending home sales reach record high

Housing Wire

After a couple weeks of big jumps for mortgage rates , we’re still seeing relatively surprising strength in the housing market. We’re watching sales volumes , which are definitely up over past year but remain slow. housing market for the week of April 22. There are 543,000 single-family homes on the market now.

Inventory 474
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A look at Knoxville’s hot housing market

Housing Wire

Many are eyeing scenic East Tennessee, where Knoxville and its surrounding suburbs have formed one the country’s hottest housing markets. Currently on Realtor.com , more than 2,000 homes are currently on the market in Knoxville with an average listing price of $270,000. It’s like a horse race.

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Home price signals point to flat growth

Housing Wire

The good news for the housing market is that the pace of sales is gradually improving due to the expanded supply. housing market as we roll into May 2024. Housing inventory There are now just under 600,000 single-family homes on the market. More home sellers are coming back to the market each week.

Inventory 392
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What will happen to home prices with more inventory?

Housing Wire

With the Easter holiday last week, data for housing inventory , new listings and the pace of new contracts started all took a breather from their growth pace. Here’s how 2024 is shaping up: There are now more listings, more active inventory and more sales than a year ago. That’s down 8.5% That’s down 6.5%

Inventory 441
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Rising insurance costs, ample inventory create a unique market in Southwest Florida

Housing Wire

Unlike many other metropolitan areas across the country , the housing market in Southwest Florida is comparably flush with for-sale inventory. “I Smith attributes the uptick in inventory to a bump in new listings. It is definitely a significant concern and issue,” Smith said. “It

Insurance 363
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Altos: More sellers and price reductions, but fewer homebuyers

Housing Wire

Each week, there are more new listings than a year ago, allowing inventory to build and eventually leading to more home sales this year than last. Home prices aren’t falling but the growth signals are definitely softening. The housing market data has been changing very rapidly this year. Almost 1% dip. is $429,000.

Sellers 401