Housing Wire

JANUARY 20, 2023

The lack of sellers is also a demand problem and what we saw after June of 2022 is that sellers called it quits earlier and faster in the year than usual, resulting in total existing home sales totaling 5,030,000 to end 2022. During that period, we saw new listing data decline.

Inventory 537

Inventory Housing Market New Listings Marketing 537

Housing Wire

AUGUST 30, 2022

However, we haven’t had a credit sales boom like the one we saw from 2002-2005. Total Inventory had been growing from 2001-2005; total listings data in 2005 was at the higher historical range of 2.5 million listings. I don’t need to see total active listing get back to the historical range of 2-2.5 From Redfin.

Inventory 381

Inventory New Listings Law Housing Market 381

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 439

Inventory Housing Market New Listings Mortgage 439

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% Historically low interest rates brought buyers and investors out of the woodwork for any homes for sale. The stats are an unwelcome paradox for buyers and sellers alike.

New Listings 36

New Listings Housing Market Inventory Buyers 36