Housing Wire

APRIL 20, 2023

If we are trending below 4 million — a possibility with new listing data trending at all-time lows — then we have much weaker demand than people think. As we can see below, from 2000, total active housing inventory rose from 2 million to 2.5 Now if we get a few sales prints above 4.6

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Inventory Housing Market Marketing New Listings 528

Lamacchia Realty

JANUARY 25, 2024

Consequently, we’re witnessing the lowest number of new listings since 2000. The hesitation to lose rates in the 3% range, coupled with concerns about higher monthly payments upon buying again, has resulted in a scarcity of new listings.

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Inventory Sellers Buyers Contracts 52

Housing Wire

OCTOBER 22, 2023

Pre-licensing exam coursework = $500 to $1,600 Sales agent examination fee = $43 License renewal fee after 2 years = $110 Other miscellaneous fees = about $100 Estimated total = Between $800 and $2000 [7] Miscellaneous fees may include courses you take as a supplement to the required coursework, such as an exam prep class.

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Real Estate Real Estate Agent Agents Brokerage 402

Lamacchia Realty

JANUARY 25, 2024

Therefore, we are in a market with the lowest amount of new listings since 1994. However, in the chart below you’ll see how 2004 – 2006 exhibited giant leaps in the number of homes listed, which drove up supply at a time when demand was very low, eventually resulting in the housing crisis. The opposite is happening now.

Inventory 70

Inventory Sellers Contracts Buyers 70

Lamacchia Realty

JANUARY 25, 2024

Sellers were cautious about listing their homes , not only to preserve pandemic-era rates but also due to concerns about higher monthly payments when making a new purchase. This hesitancy, spread over two years, has resulted in the lowest number of new listings since 2000.

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Inventory Sellers Buyers Real Estate 57

Lamacchia Realty

JANUARY 30, 2024

2023 Sees the Lowest Number of Homes Listed in Twenty-Two Years In 2023, there was an 12% decrease in listings compared to 2022, with 20,546 homes listed compared to 23,342 in the previous year. Contrary to popular belief, interest rates don’t just impact buyers, they impact sellers as well as demonstrated in 2023.

Inventory 54

Inventory Sellers Buyers Contracts 54

Will Springer Realtor

OCTOBER 10, 2023

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. than 7.0%.

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Buyers Inventory Sellers Housing Market 63

Appraisal Today

AUGUST 25, 2023

To read more and lots of interesting photos click here == RPR® Backs Up MLSs During Vendor Outage (From NAR) August 17, 2023 Excerpts: In markets affected by the cyberattack on MLS vendor Rapattoni, NAR members have another way to access listing data: RPR®. But the MLS is also finding new benefits in its partnership with RPR®.

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Appraisal Real Estate Agent Agents Real Estate 75

Will Springer Realtor

SEPTEMBER 12, 2023

BY THE NUMBERS >> A survey of 2000 adults across the 50 largest U.S. The few homes that are available are selling quickly and at or above list price.” fewer new listings, the number of sales rose 1.7% Amid the societal challenges of today, it’s also vital to envision urban areas that are welcoming and better connected.

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Sellers Development Retail Real Estate 36

Will Springer Realtor

JUNE 13, 2023

It’s true, there is a welcome increase in new listings from month to month – up 18% across all home types in King from April and 19% higher for the single-family-home category – but isn’t that what you would expect in the typically busiest periods of the housing season? In March, 33% of homes listed for sale in the U.S.

Buyers 36

Buyers Inventory Construction Finance 36

Will Springer Realtor

JULY 13, 2023

. >> There were 1.25M mortgages created in Q1 – conventional, refinanced and home-equity loans combined – marking the eighth consecutive quarterly decline and lowest reading since Q4 of 2000, according to ATTOM. The county saw the combined number of single-family, townhome and condo listings increase in June by 4.4%

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Construction Supply Chain Real Estate Development 36

Will Springer Realtor

FEBRUARY 9, 2022

For example, Seattle enjoyed a 125% month-to-month surge in new listings in January (308) but experienced a 15% decline in active listings on Feb. Even though the Eastside condo market cheered 170 new listings in January, only 35 remained at the end of the month. home (2 parking) for , gulp!, 9.7M ($3094/sq.

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Buyers Law Inventory Development 36

Will Springer Realtor

AUGUST 9, 2021

annually between 1968 and 2000 but has since dropped to an average rate of 0.7% Some highlights from the Northwest Multiple Listing Service (through July): The combined number of condo, townhome and single-family homes on the market as of Aug. The number of new listings for all home types (4428) fell 7.8% million to 6.8

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Construction Inventory Property Taxes Development 36

Will Springer Realtor

JULY 9, 2021

were flipped in Q1, the lowest level since 2000, according to ATTOM. On to new listings, and we start far away. They made TV networks on the subject. Well, that storyline has flipped (sorry!). Only 32,526 single-family and condo homes in the U.S. The main reason: profit margins have narrowed. below the $7.2M asking price.

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Buyers Development Transportation Inventory 36

Will Springer Realtor

FEBRUARY 9, 2024

Three housing-related topics are of prime focus: Lot Splitting – a process that would allow property owners to split part of their lot of land to have a new buildable area of at least 2000 sq. LUXURY LIVING Jeff Bezos is (indirectly) in the news with a new listing of his former Bellevue home. It’s a 3-bedroom, 1.75-bathroom

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Development Design Housing Market Real Estate 36