McKissock

MAY 30, 2023

Housing starts In April, home construction saw a marginal rise as developers grapple with a tough housing market. With the 30-year mortgage rate nearing 7%, developers are exercising caution, but it appears that single-family construction has hit a temporary bottom. Despite this increase, inventory is low, with a 2.9-month

Real Estate 73

Real Estate Construction Appraisal Inventory 73

Empire Appraisal Group

OCTOBER 28, 2021

Exuberant buying – with multiple offers and bidding wars – has become common across the country, reminiscent of the fevered market before the 2008 housing crash. In the years before 2008, mortgage lenders made subprime loans to borrowers without verified income or adequate down payments while pushing risky loan products. MCLEAN, Va.

Inventory 78

Inventory Housing Market Construction Real Estate 78

Will Springer Realtor

SEPTEMBER 12, 2023

We’re just trapped in this equilibrium of low inventory, house prices not coming down, high mortgage rates and current owners who have a strong incentive to just sort of stay where they are and wait this out.” Inventory was little changed from July to August. months’ inventory, down from 1.5 Condo inventory stayed at 1.8

Finance 68

Finance Inventory Construction Buyers 68

Lamacchia Realty

DECEMBER 28, 2021

The inventory of homes for sale and the number of homes being listed for sale were not nearly enough to satisfy the buyer demand. In fact, our REALTORS had multiple properties that had over 30 offers! Even though the inventory of homes for sale at any given time all year stayed lower than ever, it did not decrease sales overall.

Sellers 74

Sellers Inventory Buyers Realtors 74

Will Springer Realtor

JANUARY 10, 2023

Will Springer, Realtor®. The number of Pendings (1206) has fallen for five consecutive months and is the lowest of any month since December 2008 (1167). A total of 28,393 homes were sold in King County in 2022 (excluding new construction sales). months of inventory, down from 2.2 Economists across the U.S.

Housing Market 36

Housing Market Marketing Inventory Real Estate 36

Houston Properties

JANUARY 12, 2022

While no one ever thinks they’ll be forced to sell in a down market, very few people predicted 9/11 (2001), Great Recession (2008), the collapse of oil prices (2014), or Hurricane Harvey (2017). This is more concerning now that 71% of Houston Realtors have sold less than 5 homes in their entire career. Quality of construction.

Real Estate 36

Real Estate Marketing Real Estate Agent Realtors 36

Listing Spark

FEBRUARY 7, 2024

3) Days on market and months supply of inventory climbed, shifting to a more balanced market For the first time in over 13 years, the market shifted from a scalding hot seller’s market to a balanced market or even a buyer’s market in some areas. We didn’t see a wave of panic selling like we did in 2008. in 2022 to 3.3 in 2022 to 3.4

Real Estate 36

Real Estate Sellers Home Value Inventory 36

Will Springer Realtor

NOVEMBER 14, 2023

Worsening affordability issues and lower-than-usual inventory have prompted many consumers to watch this housing market from the sidelines – without the picket lines. months of inventory available in the county, down from 2.0 Single-family inventory narrowed to 1.7 Inventory of county condos rose to 2.5 in September.

Inventory 36

Inventory Buyers Sellers New Listings 36

Clear Capital

AUGUST 30, 2021

Note that due to unprecedented conditions in spring 2020 (due to COVID restrictions) and tight inventory in spring 2021, the year-over-year numbers based upon paired sales in certain rapidly-rising markets (like Phoenix) may be overstated. Download the report , or read it below. The language regarding MBS purchases is another question.

Marketing 69

Marketing Real Estate Inventory Construction 69

Houston Properties

JANUARY 13, 2021

In this analysis, we also show you current data along with key lessons from both the 2015 oil price crash and the 2008 great recession. Top Ranked Realtors: Paige Martin & The Houston Properties Team. Typically, new construction homes come with a higher purchase premium, and repair and maintenance require too much investment.

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

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. shy of the need.

HOA 36

HOA Transportation Construction Buyers 36

Houston Properties

JULY 18, 2022

Contact Paige Martin , a top-ranked Houston realtor and head of the Houston Properties Team for questions and advice about River Oaks homes for sale. She is the best Houston realtor and we hope others won't have to depend on luck to find her. If you need a realtor in Houston, call her quickly and get ready to be wowed!

Real Estate Agent 36

Real Estate Agent Real Estate Realtors Agents 36

Will Springer Realtor

DECEMBER 8, 2021

Amid rising land and construction costs, permits for single-family homes in King County slowed in the third quarter to 940, down 7.8% Lot availability is at multi-decade lows and the construction industry currently has more than 330,000 open positions.”. construction jobs in the U.S., year-on-year (YoY), according to U.S. “In

Sellers 36

Sellers Marketing Supply Chain Construction 36

Will Springer Realtor

MAY 12, 2021

Now, home builders would need to construct as many as 1.2 This was the fastest pace for combined single-family and multi-family construction since June 2006. >> The lack of inventory to keep real estate moving is confirmed with the latest data on U.S. We are on the right track. existing home sales. this year. >>

Real Estate 36

Real Estate Inventory Buyers Construction 36

Will Springer Realtor

MAY 9, 2022

All this tech construction gives new meaning to IT architecture! “A Another 1350 are under construction with delivery in the next two years, including the high-end Avenue Bellevue. You would be hard-pressed to find economists proclaiming that today’s housing environment in the PNW is nearing anything close to the 2008-type bust.

Architecture 36

Architecture Design Buyers Construction 36

Will Springer Realtor

JUNE 8, 2022

The rate today is the same as in the late 1960s, except during the housing bubble of 2008-2010 when ownership rose – and we know how that ended up! The multi-pronged effort includes legislative and administrative actions to increase the number of affordable units and overall inventory. BY THE NUMBERS. >> months, Pierce at 0.8

Design 36

Design Construction Development Property Taxes 36

Assurance Financial

NOVEMBER 9, 2021

Because in a buyer’s market, there’s more housing inventory and lower prices, giving power to the buyer. In a market that favors buyers, sellers and their realtors have to put in a much greater effort to make their homes stand out through means of social media, open houses, and advertisements. Marketing Strategies.

Marketing 36

Marketing Sellers Buyers Real Estate 36

Will Springer Realtor

JUNE 9, 2021

Memories of the Great Recession still linger for anyone linked to the real estate industry – including the estimated seven million households that lost their homes to foreclosures around 2008-2010. million people work in residential construction, or about 2.8% Then the housing bubble burst. million for sale today. >> About 4.4

Housing Market 36

Housing Market Marketing Inventory New Listings 36

Will Springer Realtor

DECEMBER 13, 2022

That real estate party of unquenchable buyer demand against a backdrop of low inventory is over. Contributing to improving the mood should be the anticipated 900,000 or so two-unit-plus housing under construction across our country that will start to come online in 2023. Figures are for resale homes only and not new construction.).

Real Estate 36

Real Estate Buyers Construction Sellers 36

Will Springer Realtor

APRIL 8, 2021

home was $313,000 through February, a sharp 16% higher from a year ago, according to the National Association of Realtors® (NAR). >> Counting both the demand for single-family and multi-family housing needed to meet current needs (plus factoring in demolished or lost housing), NAR projects we have a backlog in construction of 3.2

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Inventory New Listings HOA Buyers 36