Housing Wire

FEBRUARY 29, 2024

For comparison, the index is benchmarked at a reading of 100 based on 2001 contract activity. Meanwhile, new home sales , which are also a measure of contract signings, reached a seasonally adjusted annual rate of 661,000 in January, up 1.5% Overall active inventory improved 7.9% from December’s annualized rate.

Contracts 419

Contracts Inventory New Listings Realtors 419

Housing Wire

JANUARY 26, 2024

For comparison, the index is benchmarked at a reading of 100 based on 2001 contract activity. Looking ahead Confronted with limited existing home inventory, many buyers have pivoted to newly constructed homes. But new listings activity grew by 9.1% NAR’s Pending Home Sales Index (PHSI) increased to 77.3 in November.

Contracts 450

Contracts Housing Market Construction Inventory 450

Housing Wire

SEPTEMBER 15, 2023

Rates last month surged to 7.23%—the highest since 2001 – sending the typical homebuyer’s monthly payment up significantly from last year. Home prices not expected to fall Home prices are high due to competition among buyers for limited inventory in the market. Year-over-year new listings were down 14.4%. The median U.S.

Buyers 414

Buyers Mortgage New Listings Real Estate Agent 414

Housing Wire

AUGUST 30, 2022

While the growth rate is cooling monthly, we are still in a savagely unhhealthy housing market trying to get national inventory levels back to pre-COVID-19 levels. From the index : I know it seems strange, but existing home sales are falling, and the monthly supply of new homes is at 10.9 Housing inventory issue with no booming demand.

Inventory 382

Inventory New Listings Law Housing Market 382

Lamacchia Realty

JANUARY 30, 2024

If we were to pinpoint the standout factor, it would be the remarkably low number of homes listed, the lowest in over two decades. This scarcity in inventory had the effect of keeping prices high, but there was a substantial decrease in sales, approximately 19%, leaving prospective buyers eager. Maine Sales Decreased by 18.9%

Inventory 54

Inventory Sellers Buyers Contracts 54

Will Springer Realtor

MAY 13, 2024

Housing inventory nationwide flipped from oversupply to undersupply about a dozen years ago when consumers and the banking industry began to slowly rebound financially from the Great Recession. America’s shortfall is most acute with the most vulnerable, as affordable housing inventory has been shrinking for decades. bath , 5546 sq.

HOA 36

HOA Transportation Construction Buyers 36

Will Springer Realtor

DECEMBER 12, 2023

Inventory continues to shrink to levels not seen since the days of disco, shag carpets and pet rocks. Amid unusually low inventory and an anticipated growing buyer pool, the median price of a single-family home will climb beyond $1M in Seattle’s summer months. List: $33.9M ($3291/sq. at this time in 2023 (quite optimistic!).

Real Estate 36

Real Estate Buyers Housing Market Law 36