Housing Wire

MARCH 8, 2024

Real estate agents in the leafy suburbs of Bergen County, New Jersey say the current housing market — with historically low inventory and record-high prices — is actually more challenging than the multiple offer chaos they sweated through during the pandemic. “At Altos considers any score above 30 to be a seller’s market.

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Housing Market Buyers Agents Marketing 392

Housing Wire

APRIL 23, 2023

Can we now say that the housing market ‘s spring selling season is finally underway? Since 2020, the seasonal bottom for housing inventory has arrived several months later than normal, making it more complicated to track housing inventory data. Again, I am a bit mindful here due to Easter.

Inventory 543

Inventory Housing Market Marketing New Listings 543

Housing Wire

DECEMBER 7, 2022

million, the equilibrium balance between a buyer and seller marketplace that has been here for four decades. One issue that has created a waterfall dive in purchase application data and sales is that new listing data is declining faster than usual. Total inventory levels. NAR: Total Inventory levels 1.22

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Housing Market Mortgage Marketing Inventory 540

Housing Wire

MARCH 18, 2021

Home prices have skyrocketed in the past year, and data from Redfin backs up what buyers, sellers, and agents have known for months. year-over-year to $336,200 in February – the largest increase since July 2013, according to the latest report from Redfin. The post Buyers are overpaying, but are there signs of a bubble?

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Buyers Sellers Inventory New Listings 545

Housing Wire

MAY 8, 2024

Since most sellers are buyers, inventory should be stable if demand is stable. This is what happened post 2010: The millennials started to buy homes in 2013 and they finance 90% of those homes. Now, nobody is listing their homes to sell and buy unless they’re 100% pre-qualified. Demographics also play a role here.

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Inventory Law New Listings Sellers 417

Cleveland Appraisal Blog

JANUARY 5, 2023

We all needed some rest from the crazy housing market we’ve experienced in recent years. Like most markets across the country, the Cleveland area housing market has been red hot for the past few years. How have the rapidly increasing mortgage interest rates impacted the housing market in Northeast Ohio?

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Housing Market Marketing Appraisal Inventory 369

Housing Wire

NOVEMBER 9, 2022

However, the housing market did run into one problem in 2020. Inventory levels broke to all-time lows and thus created massive housing inflation quickly, which broke my model. I knew housing would be OK as long as home prices only grew at 23% over five years — 4.6% We saw this happen in 2013-2014 and 2018-2019.

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New Listings Inventory Housing Market Sellers 468