Lamacchia Realty

JULY 26, 2023

Listings are the lowest they have been in recorded history, click here to read our recent report (or see below in our Listings section). That said, inventory levels are still not high enough to match demand so prices haven’t fallen as many were afraid and expecting to happen, though their rate of increase has substantially diminished.

Sellers 57

Sellers Inventory Buyers Contracts 57

Will Springer Realtor

JANUARY 10, 2023

The article will include the latest monthly data from the Northwest Multiple Listing Service, analysis from national and local experts and a glimpse ahead at what to expect in the coming weeks. Will Springer, Realtor®. months of inventory, down from 2.2 Inventory in both Seattle and on the Eastside was at 1.8

Housing Market 36

Housing Market Marketing Inventory Real Estate 36

Listing Spark

OCTOBER 13, 2022

There is more inventory available and home sales are down. months of inventory, well below a balanced market of 6 months of inventory. New listings are down 6%, so there are less homes coming onto the market than there were this time last year. If you’re an Austin home buyer, there is a lot of good news.

Housing Market 36

Housing Market Real Estate Marketing Buyers 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. New listings for all home types in King County stood at 2157, a whopping 25% drop from September to October. Single-family inventory narrowed to 1.7

Inventory 36

Inventory Buyers Sellers New Listings 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

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. >> The National Association of Realtors® revised its economic forecasts for 2021 – and things are looking up. That leaves about 2.1

Housing Market 36

Housing Market Marketing Inventory New Listings 36

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.

HOA 36

HOA Transportation Construction Buyers 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). To help increase affordable housing inventory, lawmakers are reviewing whether to remove requirements that homeowners must live on-site. month (or 18 days of inventory), down from 0.9 in February.

Inventory 36

Inventory New Listings HOA Buyers 36

Will Springer Realtor

MAY 9, 2022

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. the highest percentage since Q3 of 2008. ” The increased number of listings and slight slow-down of the market have helped boost inventory numbers. . a month ago.

Architecture 36

Architecture Design Buyers Construction 36

Will Springer Realtor

MAY 12, 2021

>> The lack of inventory to keep real estate moving is confirmed with the latest data on U.S. They have declined for two consecutive months, according to the National Association of Realtors®. The excess of inventory that occurred in 2007, 2008 and ’09, was an anomaly,” said Marci Rossell, former chief economist for CNBC.

Real Estate 36

Real Estate Inventory 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. months, Pierce at 0.8 and Snohomish at 0.6.

Design 36

Design Construction Development Property Taxes 36