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New listings surge as the spring buying season approaches

Housing Wire

Inventory has been trending upward for the last two years despite persistently high mortgage rates, Mike Simonsen, president and founder of Altos Research , wrote on Monday. New listings ticked up by 21% in February compared to last year, according to Zillow ’s February report. metros experienced an increase in new listings.

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San Anselmo Home Values (Housing Market Trends and Charts)

Realvals

The light green bars show the number of homes for sale in San Anselmo at the time of the data snapshot, while the darker green bars represent the number of homes sold during the month. The red line indicates the number of pending listings, and the numbers at the bottom of the bars show the number of new listings for the month.

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San Francisco Home Values (Housing Market Trends and Charts)

Realvals

The darker green bars represent the number of homes sold during the month. The red line represents the number of pending listings for the month. The numbers at the base of the bars indicate the number of new listings for the month. San Francisco Average Price Per Square Foot of Sold Homes. San Francisco Inventory.

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Novato Home Values (Housing Market Trends and Charts)

Realvals

The darker green bars show the number of homes that were sold during the month. The red line represents the number of pending listings for the month, and the numbers at the bottom of the bars indicate the number of new listings during the month. Novato Average Price Per Square Foot of Sold Homes.

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San Rafael Home Values (Housing Market Trends and Charts)

Realvals

The darker green bars represent the number of homes sold for the month. The red line represents the number of pending listings during the month. The numbers at the bottom of the bars represent the number of new listings for the month. San Rafael Average Price Per Square Foot of Sold Homes.

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SmartZip Review: Can data improve your prospecting game?

Housing Wire

If you’re an agent, team or brokerage looking to keep a pipeline of qualified listing leads coming your way, SmartZip may the solution you need. SmartZip uses predictive analytics to pinpoint likely sellers from 6 to 18 months in advance, offering a huge advantage in today’s low inventory market. Automated marketing: Yes.

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The nation’s housing market is on a correction course

Housing Wire

Several leading housing-market economists also are projecting the deceleration in home prices will continue in near the future as homebuyer demand ebbs — with one economist even predicting that prices will decline in some particularly hot markets across the nation. So, home sales have really gotten completely hammered,” Zandi said.