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New Hampshire 2023 Year in Review

Lamacchia Realty

The real estate landscape witnessed significant developments in 2023, as the New Hampshire market saw a historic low in listings. Sales in New Hampshire declined by 18.9% The drop in nearly 4,000 closings wasn’t just because buyers weren’t buying; they would, but many couldn’t because sellers weren’t selling.

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King County Home Sales Cool as Interest Rates Inch Toward 8%

Will Springer Realtor

First a look at September’s numbers: A wave of last-chance listings for the year hit the market after Labor Day. That increased new listings by 7.5% (2884) and available homes on the market by 12% (3602) between Sept. Seattle alone saw a 29% (1213) monthly increase in new listings. 1 and Oct.

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Appraiser Salaries

Appraisal Today

The sellers custom built the home between 2007 and 2009, using high-end materials and finishes, including a wall of windows and 26-foot-high ceilings in the great room. The seller wanted that to be a part of the home, and he didn’t want it down in a cellar. But the MLS is also finding new benefits in its partnership with RPR®.

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Affordability Woes Keep King County Housing Activity on Slow Burn

Will Springer Realtor

Yes, there are few buyers in an inflation-heavy economy with high interest rates, but for home prices to go down there needs to be fewer buyers than sellers – and that is just not within the realm of possibility today. Interestingly, a higher proportion of home sales are now coming from new construction. The share of U.S. in Seattle.

Buyers 36
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Higher rates flip the homebuilders’ fortunes (again)

Housing Wire

New home sales From Census : Sales of new single-family houses in January 2023 were at a seasonally adjusted annual rate of 670,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. To get more inventory you need more Americans to list their homes.

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SEATTLE ‘WALKING’ TOWARDS URBAN CONNECTEDNESS

Will Springer Realtor

These findings provide a strong economic base and cement walkable urban places and development as the wave of the future, as we move toward a more connected, environmentally sustainable way of life.” In addition, discussions are well underway between city leadership, neighborhood advocates and developers to consider placing a “lid” over I-5.

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HOME BUYERS FACING ‘TRIPLE-WHAMMY’ EFFECT

Will Springer Realtor

The House version, HB 1782 , is backed by developer and Realtor® lobbyists, Habitat for Humanity and environmental groups, according to The Seattle Times. HB 1951 would remove “Don’t Know” from the Seller Disclosure Statement that owners complete with the sale of a home. CONDO NEWS. rental-vacancy rate dropped to 5.8%

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