Housing Wire

DECEMBER 21, 2022

From NAR : “In essence, the residential real estate market was frozen in November, resembling the sales activity seen during the COVID-19 economic lockdowns in 2020,” said NAR Chief Economist Lawrence Yun. That is a real live talking point, but it will require a job loss recession. Confused by this?

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Inventory New Listings Housing Market Sellers 507

Housing Wire

JANUARY 19, 2023

Available home inventory has remained low since the previous Federal Reserve Beige Book report, which was released in November 2022, as many sellers decided not to list — affecting the New York and Boston districts in particular. New York – The residential sales and rental markets showed further signs of cooling in late 2022.

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Inventory Housing Market Marketing Construction 377

Housing Wire

AUGUST 7, 2023

Then, Altos will be on watch to see if another boost in mortgage rates — like last September — derails the real estate market again. It’s no secret that sellers are absent in this market. It was at this point in 2022 when new listings started plummeting each week. Suddenly new listings volume dropped each week.

Inventory 284

Inventory New Listings Contracts Buyers 284

Empire Appraisal Group

MARCH 16, 2023

NEWS & MEDIA sorbetto / Getty Images Source: Hard Convincing Sellers Not to Overprice? Use Data | Florida Realtors Hard Convincing Sellers Not to Overprice? Use Data By Jennifer Warner Florida Realtors economist : Many sellers today plan to overprice their home, but overpricing isn’t new. ORLANDO, Fla.

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Sellers Inventory Realtors Clients 78

Housing Wire

APRIL 18, 2024

The one thing that is positive this year which is different than last year is new listing data is rising year over year, nothing spectacular, but it’s a positive story for housing This means we have more sellers that will be buyers in 2024. Historically, going back to 1982, the average inventory range is between 2 and 2.5

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Inventory Housing Market New Listings Buyers 473

Housing Wire

JUNE 7, 2022

That’s according to Black Knight , which just released a white paper that studies how long it would take to sell all the homes currently listed for sale in a given market based on a prevailing sales rate, if no new listings are added (a metric it calls “months of remaining inventory”).

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Inventory Housing Market Investors Sellers 413

Listing Spark

FEBRUARY 7, 2024

As we enter into 2024, we are stepping out of one of the most turbulent years for real estate in Texas in some time. On the heels of the largest run up in home values in recorded history, we saw an abrupt and heavy shift that’s been challenging to grapple with for sellers and buyers. The only problem, nobody wanted a 7.5%

Real Estate 36

Real Estate Sellers Home Value Inventory 36

Listing Spark

JANUARY 15, 2024

Real estate investors face a lot of challenges, even in Texas markets that are showing a strong ROI for flips and sales. 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.

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Housing Wire

JUNE 17, 2021

The report also shows the housing market also set new records for home-selling speeds and competition, although seasonally adjusted home sales and new listings flattened from April. “Sellers are still squarely in the drivers’ seat, but buyers have hit a limit on their willingness to pay. . from April.

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Housing Market New Listings Sellers Buyers 525

Listing Spark

JUNE 16, 2023

In this episode of Real Estate Real Fast, Aaron Jistel, the co-founder of ListingSpark and an experienced real estate broker, provides a comprehensive overview of the current state of the Texas real estate market. Listen to the full episode for Spring 2023 trends in the Texas Real Estate Market.

Real Estate 36

Real Estate Marketing Inventory Sellers 36

Listing Spark

NOVEMBER 6, 2023

Real estate markets across the country are normalizing, but the industry is still incredibly profitable for new and experienced property investors. Texas continues to represent one of the strongest markets, home to two of the top ten cities for real estate: Dallas/Fort Worth and Austin. What Is MLS?

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Investors Investing Real Estate Agent Real Estate 36

Listing Spark

SEPTEMBER 30, 2020

It’s a new month, but it hasn’t gotten any easier for buyers out there. That’s great news if you are a seller though. . Homes are selling at such a feverish pace that active listings are plummeting across the board, further lowering our months of inventory available to buyers. What’s driving this?

Real Estate 69

Real Estate Marketing Inventory New Listings 69

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. Buyers and sellers tiptoed through caution. 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. Um, bye-bye!

Real Estate 68

Real Estate Buyers Sellers Inventory 68

Listing Spark

JANUARY 12, 2023

In this episode of Real Estate Real Fast, Aaron Jistel discussed the market trends of 2022 and 2023. Home sellers should focus on their local market and pull out all the stops when listing a house. 2022 Market Trends: Decrease in sales, values, and new listings in Austin, TX; median home value up 9.9%

Real Estate 36

Real Estate Marketing Home Value Inventory 36

Housing Wire

FEBRUARY 23, 2023

The latest economic data, including the job market , consumer spending — which remained robust — and inflation numbers , which displayed unexpected staying power, led investors to bet that the Federal Reserve will continue to raise its federal funds rate through the summer. Even before these data were released, minutes from the Jan.

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Mortgage New Listings Housing Market Buyers 379

Housing Wire

JANUARY 19, 2024

From NAR: First-time buyers were responsible for 29% of sales in December; Individual investors purchased 16% of homes; All-cash sales accounted for 29% of transactions; Distressed sales represented 2% of sales; Properties typically remained on the market for 29 days. This is a positive for housing in 2024 as most sellers are buyers.

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Housing Market Inventory Contracts Marketing 407

Listing Spark

AUGUST 28, 2020

July was yet another banner month for the real estate market across Texas. Pent-up demand from the spring fueled housing activity across the state,” said Dr. James Gaines, chief economist for the Real Estate Center at Texas A&M University. decrease in active listings 2.8 decrease in active listings 2.8

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Real Estate Marketing New Listings Inventory 69

Housing Wire

AUGUST 30, 2022

I don’t need to see total active listing get back to the historical range of 2-2.5 New listings are declining now. One of the issues with existing home inventory has been that, for the most part, a traditional seller is usually a buyer of a home. This is not encouraging news at all, in my view. From Redfin.

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Inventory New Listings Law Housing Market 381

Lamacchia Realty

NOVEMBER 27, 2023

october 2023 south florida housing report Broward County In October of 2023, Broward County single-family homes saw a decrease in closed sales, but increases in new listings, pending sales, and average price. Condos/townhomes saw increases in average price and new listings but decreases in pending and closed sales.

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New Listings Sellers Real Estate Inventory 50

Lamacchia Realty

AUGUST 25, 2023

JULY 2023 south florida housing report July Highlights Mortgage rates and limited inventory continue to be the driving factors behind today’s real estate market data – specifically sticking out when looking at home sales and new listings which are both down across all counties and categories in South Florida.

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New Listings Inventory Real Estate Sellers 54

CA Realty Training

MARCH 29, 2021

At its core, real estate is the business of working with people. This may also be the case when working with sellers. For example, you may be working with a seller that doesn’t want to hold an open house or place a “For Sale” sign in their yard. If your seller still insists, then listen and respect their decision.

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Client Relationships Clients Real Estate Real Estate Agent 59

Housing Wire

SEPTEMBER 22, 2022

Existing home sales have more legs to go lower, especially now that new listing data is falling. A traditional primary resident seller is also a buyer, which means if they don’t list, they’re not just taking a potential home to be bought off the table — they’re taking a future sale off the books as well.

Inventory 438

Inventory Housing Market New Listings Mortgage 438

Housing Wire

OCTOBER 21, 2022

Rates have gone up so fast that new listing data has declined since the end of June; this impacts supply and demand. having rates of 5% and below, you can see why some sellers are hesitant to list their homes and move. It was a savagely unhealthy housing market back in February, and it has just gotten worse and worse.

Housing Market 284

Housing Market Inventory New Listings Mortgage 284

Lamacchia Realty

JULY 25, 2023

In fact, the number of homes listed in the first half of the year is the lowest in recorded history, click here to learn more. Many potential sellers are hesitating to list their homes to avoid losing their 2-3% pandemic-era mortgage rate. downsizing, growing families, career changes, divorce , etc.).

Sellers 49

Sellers Buyers Real Estate Inventory 49

Listing Spark

OCTOBER 13, 2022

The Texas real estate market has come crashing down. What should buyers and sellers be doing right now? We’ll dive into the state of the Texas real estate market with Real Estate Real Fast host Aaron Jistel. How to vet real estate agents as a seller. powered by Sounder.

Housing Market 36

Housing Market Real Estate Marketing Buyers 36

Will Springer Realtor

JANUARY 9, 2024

Perhaps too late in the year to make a difference to many, at least the Fed’s upbeat forecast offers renewed hope for the pent-up pool of prospective buyers – possibly sellers, too – to seek out a new home in the coming 12 months. The 802 new listings in December was a low not seen since records were archived online from 1990.

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Housing Market Marketing Inventory Lending 61

Will Springer Realtor

DECEMBER 12, 2023

The year in residential real estate nears its end amid twists and turns like a good book but it’s waiting for the storyline to improve as we fill out the empty pages in 2024. The Eastside led the way with a 33% drop-off in new listings (420) and Seattle fell 31% (586). Since January 2022 – when home sales were 6.3M

Housing Market 42

Housing Market Marketing New Listings Buyers 42

Will Springer Realtor

SEPTEMBER 12, 2023

There is a feeling of Halloween in the real estate world because this housing market is a bit scary these days. The market is spooking many potential buyers and sellers thanks to stubbornly high mortgage interest rates. Only buyers and sellers who must move are doing so. fewer new listings, the rate of sales rose 1.7%

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Finance Inventory Construction Buyers 68

Will Springer Realtor

MARCH 12, 2024

As a result, home buyers and sellers across Seattle/King County saw a mixed bag of activity in February, according to the Northwest Multiple Listing Service (MLS). About two-thirds of all King County listings sold last month at the list price or above, signaling a competitive environment and extending this long-running sellers’ market.

Buyers 57

Buyers Construction Sellers Inventory 57

Will Springer Realtor

MAY 14, 2024

We are seeing more homes for sale in submarkets – except for Mercer Island and Woodinville, where active listings are down 30%+ – compared with a year ago. The favorable boost in supply is the result of fewer buyers and sellers compared with most spring seasons. A typical home in the county fetches a median price of $875,000, up 2.9%

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Marketing Inventory Buyers Sellers 36

Will Springer Realtor

NOVEMBER 9, 2022

Among all home types in King, new listings have fallen 26% in the past month and existing homes for sale at the start of November were down 8.1% Real estate folks typically compare year-on-year (YoY) figures but 2020 and ’21 were statistical anomalies. We are in a new phase of the housing market cycle.

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New Listings Housing Market Inventory Buyers 36

Will Springer Realtor

APRIL 11, 2023

The signs are generally pointing in the right direction for our local (and national) residential real estate scene, but it is taking more time than usual to turn a cruise-ship-sized sector around without leaving damage in its wake. Also noteworthy, recorded home prices don’t reflect seller concessions. What to watch for?

Housing Market 36

Housing Market Marketing Buyers Sellers 36

Will Springer Realtor

JUNE 13, 2023

These are the two most frequently discussed items by both the people working in residential real estate and the customers and clients they serve. Mortgage rates are generally established by investors who buy them in bulk as securities. Home prices and mortgage rates.

Buyers 36

Buyers Inventory Construction Finance 36

Will Springer Realtor

MARCH 14, 2023

Unless the listed home is in a favorable location, priced competitively and move-in ready, activity has been somewhat muted as prospective buyers and sellers wait for economic conditions to improve. Sellers who priced their homes appropriately enjoyed busy open houses in their first weekend on the market followed by multiple offers.

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Marketing Buyers Inventory Sellers 36

Will Springer Realtor

MAY 13, 2024

A year later, the same real estate consultancy estimates the number has expanded to 2.1M, a jump of 24%. An annual survey released this month by the Federal Reserve Bank of New York said renters put the probability of ever owning a home at 40%, down from 44% last year. We are now experiencing historic shortages.

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HOA Transportation Construction Buyers 36

Will Springer Realtor

JUNE 9, 2021

Memories of the Great Recession still linger for anyone linked to the real estate industry – including the estimated seven million households that lost their homes to foreclosures around 2008-2010. The average King County single-family listing sold in May 9.5% Then the housing bubble burst. High demand kept supply depleted.

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Housing Market Marketing Inventory New Listings 36

Will Springer Realtor

JULY 13, 2023

“Workers are in the driver’s seat now because they are in such short supply,” said Rossell, speaking to an international group of real estate professionals. Rossell also expects “significant” losses to occur for commercial real estate holders and that the issue of low office vacancies could drag on for decades.

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