Housing Wire

MAY 13, 2024

New listings Slightly fewer new listings hit the market this week — 69,000 single-family homes that are newly listed, plus another 20,000 listed that are already under contract. That’s actually 3% fewer new listings than last week. Altos Research is measuring fewer days under contract.

New Listings 429

New Listings Contracts Inventory Sellers 429

Will Springer Realtor

APRIL 9, 2024

“Cold water” comes from the central bank’s intent to maintain high financing costs for banks that borrow from other financial institutions. Despite a challenging financing environment, the Seattle/King County housing market is moving forward. More on this in a moment.) However, we are missing the typical boost of sellers.

Marketing 60

Marketing Inventory Buyers Sellers 60

Will Springer Realtor

FEBRUARY 13, 2024

There is plenty of pent-up demand from prospective buyers who have watched for months from the sidelines as financing costs remained untenable. 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.

New Listings 54

New Listings Buyers Inventory Lending 54

Housing Wire

NOVEMBER 27, 2023

You also know that new listings are up over last year, too. New listings volume is up, too. There were 58,000 new listings this week, with 10,000 of those homes already under contract as immediate sales. We had 52,000 new pending sales this week. Short on time?

New Listings 487

New Listings Contracts Inventory Housing Market 487

Birmingham Appraisal

JUNE 1, 2022

If financing were not an issue, and the buyer couldn’t care less about how their contract price compared to other similar properties, it would just be a matter of connecting the buyer with the seller and signing on the dotted line, but life isn’t always so easy. There can be numerous reasons for a slowdown in pending sales.

Agents 52

Agents Marketing Contracts Inventory 52

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. Prices rose, too, to near-record highs. There are 2.0

Marketing 36

Marketing Inventory Buyers Sellers 36

Will Springer Realtor

DECEMBER 12, 2023

The Eastside led the way with a 33% drop-off in new listings (420) and Seattle fell 31% (586). By comparison, there were exactly 2900 new listings across our county in November 20 years ago. Notably, the Eastside saw a 25% decline in Pending sales (homes under contract) but are still 9.2% higher YoY.

Housing Market 42

Housing Market Marketing New Listings Buyers 42

Housing Wire

OCTOBER 31, 2023

At least, that’s what the data seems to suggest as inventory grows and new listings decline at a less aggressive rate than last year. New listings decline isn’t as steep as a year ago There were only 53,000 new listings (single-family homes) unsold this week, plus 10,000 more new listings that are already in contract.

New Listings 483

New Listings Inventory Contracts Housing Market 483

Eppraisal

OCTOBER 2, 2021

The demand for homes has been and is still high, as eager buyers rush to new listings and submit offers quickly. Your agent should know the real estate contract like the back of her hand. There are attorney, inspection, appraisal and financing contingencies to consider, to name a few.

Agents 36

Agents Real Estate Agent Marketing Real Estate 36

Will Springer Realtor

AUGUST 15, 2023

The season has been shaped by slumping new listings, a slowly climbing number of homes sitting on the market from previous months, fewer closed sales compared to last year and prices moving plus/minus five percentage points year-on-year (YoY). monthly decline in available Seattle listings (793). The county saw a 4.9% drop (542).

Sellers 60

Sellers Buyers New Listings Inventory 60

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. Existing-home sales, pending contracts and new-home construction pending contracts have turned the corner and climbed for the past three months.” 

Housing Market 36

Housing Market Marketing Buyers Sellers 36

Housing Wire

DECEMBER 4, 2023

New listings and home sales remain low this week while available inventory of unsold homes is finally falling across the country after rising with mortgage rates late into November. Home prices will also be up and we have more homes under contract than we did at the end of 2022. We want new listings volume to show growth.

Housing Market 483

Housing Market Marketing Inventory New Listings 483

Lamacchia Realty

JULY 22, 2022

Highlighted in this report are the average sale prices for single-family, condominiums, and multi-family homes in Massachusetts along with the number of homes listed for sale, placed under contract, and price adjustments. Homes Listed for Sale. People will list if they need to make a move. Sales Decrease by 11.3%.

Sellers 73

Sellers Buyers Inventory Contracts 73

Housing Wire

APRIL 9, 2024

Additionally, last week added only 55,000 new listings for single-family homes, down 8.5% 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,” Mike Simonsen, founder and president of Altos Research , wrote on Monday.

Mortgage 384

Mortgage New Listings Inventory Contracts 384

Housing Wire

NOVEMBER 20, 2023

More new listings could help boost sales We saw 58,000 new listings added to the housing inventory this week, with 9,000 of those already under contract. That’s more new sellers this year than the same week a year ago, signaling a tiny improvement in our supply-starved housing market. What does that mean?

Inventory 418

Inventory New Listings Housing Market Sellers 418

Housing Wire

NOVEMBER 6, 2023

Additionally, there are 62,000 new listings this week, with 9,000 of those already under contract. Transaction volume no longer decreasing YoY Pending contracts saw fewer sales compared to last year until October. If rates fall, inventory will also come down again.

Housing Market 492

Housing Market Marketing Inventory Contracts 492

Housing Wire

MARCH 11, 2024

New listings To watch whether supply and demand might get out of balance with higher mortgage rates, keep an eye on the new listings volume this spring, not just the total inventory. There were 59,000 new listings unsold this week. The median price of the newly listed cohort this week is $420,000.

Inventory 502

Inventory New Listings Sellers Real Estate 502

Housing Wire

APRIL 13, 2024

Now that this technical level has been broken, 2024 is going to be a lot more interesting, something I discussed in an interview with Yahoo Finance. Some will say that bonds rallied ahead of the pending war news on Friday, but we will get a better answer Sunday night with bond market trading.

Inventory 449

Inventory Mortgage New Listings Retail 449

Housing Wire

SEPTEMBER 7, 2023

There are only 358,000 single family homes in contract pending now. We saw 64,000 newly pending contracts last week for single family home sales which is 7% fewer than last year. This week is a holiday week so new sales will tick down win next week’s data. So we have 11% fewer total contracts but only 7% fewer new contracts.

Contracts 421

Contracts Inventory Buyers New Listings 421

Will Springer Realtor

JANUARY 10, 2023

The number of new listings for all home types – single-family, townhomes and condos combined – in King (887) fell 47% from November and declined 36% from December 2021. Homes going under contract (Pending sales) dropped 25% from the previous month and by 30% year-on-year (YoY) – staggering drop-offs.

Housing Market 36

Housing Market Marketing Inventory Real Estate 36

Housing Wire

OCTOBER 24, 2023

There were only 57,000 new listings of single-family homes unsold again this week. Housing supply shows no signs of easing There were 325,000 single-family homes in the contract-pending stage, or 6% fewer home sales than last year. Meanwhile, we saw 55,000 new contracts for single-family homes this week.

Contracts 457

Contracts Inventory New Listings Housing Market 457

Will Springer Realtor

JULY 11, 2023

The county saw the combined number of single-family, townhome and condo listings increase in June by 4.4% While that percentage may appear strong, it’s nothing compared to the April-to-May rise of 18%, signaling a probable cooling of new listings in the future. New single-family-home listings rose 3.8%

Housing Market 36

Housing Market Buyers Inventory Real Estate 36

Will Springer Realtor

MARCH 14, 2023

The number of new listings of all home types (single-family, townhome and condo) in King County climbed 6.4% (1866 units) from January to February, as expected, and total inventory at the start of March (2064) was 111% higher than a year ago. This, along with higher building costs, will lead to a construction slowdown this year.

Marketing 36

Marketing Buyers Inventory Sellers 36

Will Springer Realtor

JUNE 13, 2023

Higher mortgage rates make monthly financing payments more expensive – not to mention more frustrating – and can often push homeownership further out of reach for younger buyers. And, like a new car, new homes can cost a pretty penny, which has often kept buyers focused on resale listings. The share of U.S.

Buyers 36

Buyers Inventory Construction Finance 36

Listing Spark

JANUARY 15, 2024

Some of the dominant challenges in the recent real estate market are financing or upfront capital requirements, deciding on a liquidation strategy, and dealing with market fluctuations. Challenge #1: Managing Finances When you’re buying an investment property, financing is a major hurdle.

Brokerage 36

Brokerage Investors Investing Real Estate 36

Will Springer Realtor

JANUARY 11, 2023

The number of new listings for all home types – single-family, townhomes and condos combined – in King (887) fell 47% from November and declined 36% from December 2021. Homes going under contract (Pending sales) dropped 25% from the previous month and 30% year-on-year (YoY) – staggering drop-offs.

Housing Market 36

Housing Market Contracts Architecture Buyers 36

Will Springer Realtor

MAY 13, 2024

That’s according to a report from ATTOM Data Solutions, which noted Seattle metro was the second-most active major market (1M+ population) for flipped homes purchased by investors with financing, at 56.1%, behind only San Diego (56.4%). >> With the settlement, a wave of new listings hit the market in the past several weeks.

HOA 36

HOA Transportation Construction Buyers 36

Housing Wire

JUNE 21, 2021

“I never know how my day is going to go, because when a new listing comes on the market in Knoxville, the race is on. You set your appointments the night before, and when you get there that morning, they might already be under contract.” Generally, they go under contract in a day or two.”

Housing Market 424

Housing Market Marketing Realtors Inventory 424

Will Springer Realtor

JANUARY 9, 2024

The most significant impact of reduced finance costs is the potential for lowering barriers to homeownership, which has reached unprecedented heights in the past two years. 1, that requires buyers wishing to work with a licensed real estate broker to sign a services contract. Olympia also established a law, effective Jan.

Mortgage 36

Mortgage Real Estate Law Lending 36

Listing Spark

JANUARY 22, 2024

Start by identifying the key ‘hats’ you wear in your business, often including searching for properties, managing finances, managing the properties (for rentals) or repairs (for flips), and understanding the market. Zelle: Zelle is the new checkbook for many investors, contractors, and repair businesses.

Real Estate 36

Real Estate Tools Investors Investing 36

Will Springer Realtor

MAY 9, 2022

The corporate backing aims to expedite redevelopment by reducing obstacles to financing urgently needed housing. Sidenote: Adjustable-rate mortgages (ARMs), which typically have lower interest rates than fixed-rate mortgages, have become an attractive option for new buyers financing a home. List price: $3.495M ($782/sq.

Architecture 36

Architecture Design Buyers Construction 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. reading and a sharp slide from 7.1%

Real Estate 68

Real Estate Buyers Sellers Inventory 68

Will Springer Realtor

JULY 8, 2022

Except for crypto , the rising cost of nearly everything – gas, groceries and going to see grandma – has forced many of us to recalibrate our finances. The King County housing market has seen inventory increase by 55% in the past month, while the number of homes going under contract fell 22% from May to the lowest June level since 2011.

Housing Market 36

Housing Market Marketing Inventory HOA 36

Will Springer Realtor

MAY 9, 2023

Almost since the start of the pandemic, homeowners have been spending more time enjoying their low-financed houses and condos. They have also been spending oodles of money to shape their residences to meet new living needs – modern and spacious, when possible – as households live in their homes for longer. 2 in the U.S. Portland, Ore.,

Real Estate 36

Real Estate Modernization Construction Supply Chain 36

Will Springer Realtor

JULY 13, 2023

The personal-finance site compared about 180 metro areas on 45 metrics that put family first, such as the cost of housing, quality of schools and health-care systems. The county saw the combined number of single-family, townhome and condo listings increase in June by 4.4% New single-family-home listings rose 3.8%

Construction 36

Construction Supply Chain Real Estate Development 36

Housing Wire

OCTOBER 22, 2023

You’ll need to enroll in and complete the following TREC-approved, qualifying real estate courses: Principles of Real Estate I Principles of Real Estate II Law of Agency Law of Contracts Promulgated Contract Forms Real Estate Finance Each course is 30 classroom hours, for a total of 180 hours.

Real Estate 376

Real Estate Real Estate Agent Agents Brokerage 376

Will Springer Realtor

OCTOBER 11, 2022

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. ( We are all sensitive to rising interest rates, particularly when attempting to finance the largest purchase of our lives. How long can this go on?

Housing Market 36

Housing Market Marketing Buyers Real Estate 36