Remove 2002 Remove New Listings Remove Real Estate Remove Sellers
article thumbnail

Why home-price growth is still up 18% year over year

Housing Wire

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
article thumbnail

Existing home sales data shows extent of housing inflation

Housing Wire

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
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The standoff between homebuyers and sellers

Housing Wire

There’s a showdown at the housing market corral between homebuyers and sellers. This means the housing boom period of 2002-2005 had major credit tightening, which won’t happen this time around when the next recession hits. Home prices ebb and flow, pricing was working in the sense that sellers met homebuyers to a degree.

Sellers 498
article thumbnail

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. 2023 Real Estate Performance Highlights The number of homes sold decreased by 18.9% Lowest number homes listed in recorded history, decreased by 15.1%

article thumbnail

November Housing Update

Will Springer Realtor

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% Real estate folks typically compare year-on-year (YoY) figures but 2020 and ’21 were statistical anomalies. The stats are an unwelcome paradox for buyers and sellers alike.