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. I’ve seen more homebuyers cancel deals in the last six months than I’ve seen at any point during my 24 years of working in real estate. Year-over-year new listings were down 14.4%.

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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.

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Lamacchia Realty

JANUARY 30, 2024

2023 marked a significant chapter in real estate history, on the state level in Maine as well as nationally. If we were to pinpoint the standout factor, it would be the remarkably low number of homes listed, the lowest in over two decades. Furthermore, it delves into predictions for the real estate landscape in 2024.

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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. A year later, the same real estate consultancy estimates the number has expanded to 2.1M, a jump of 24%.

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Will Springer Realtor

DECEMBER 12, 2023

Scott Real Estate. Ready to complete another year, the residential real estate market has not improved – some might say it got a little worse. Inventory continues to shrink to levels not seen since the days of disco, shag carpets and pet rocks. The online real estate firm reviewed the 100 largest U.S.

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Will Springer Realtor

AUGUST 9, 2021

I have covered this topic both within the newsletter and on my blog and hear from people in real estate about their frustration over the lack of significant action. million housing units since 2001. The National Association of Hispanic Real Estate Professionals also noted the median age of the Latino population is 29.8,

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