Remove 2013 Remove New Listings Remove Realtors Remove Sellers
article thumbnail

“It seems impossible:” Bergen County, NJ’s housing market is vexing agents and buyers

Housing Wire

Altos considers any score above 30 to be a seller’s market. 70 towns, 90 new listings Local agents say the county’s tight inventory situation is largely to blame. “We When we were coming out of COVID we were seeing 15 to 20 offers on a house, where you’d have to make a spreadsheet to show your seller. as of March 6, 2024.

article thumbnail

The silver lining in the existing home sales report

Housing Wire

On Thursday the National Association of Realtors reported that we had a 23.8% Rates have gone up so fast that new listing data has declined since the end of June; this impacts supply and demand. having rates of 5% and below, you can see why some sellers are hesitant to list their homes and move.

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 Cleveland Area Housing Market Was Skating Along… And Then This Happened

Cleveland Appraisal Blog

However, we have significantly fewer active listings than we did before the pandemic began. Interestingly, the number of active listings has dropped every year since at least 2013. But it appears that we have hit the bottom when it comes to active listings. We can expect more listings in the future.

article thumbnail

Best real estate apps for agents in 2024

Housing Wire

per month Use it for: Creating professional marketing materials Apple Store Google Play Why we chose it: Founded by Australian entrepreneur Melanie Perkins in 2013, Canva is still the most popular marketing app for Realtors for a good reason: it makes creating professional marketing materials easy.

article thumbnail

2023 Maine Year in Review

Lamacchia Realty

The frenzied market of 2021 was unsustainable, and consumers and REALTORS alike hoped for a return to normalcy. However, a significant portion of the decrease is also linked to the persistently low inventory levels due to a lack of sellers. 2023 concluded with the fewest pending sales since 2013. Pending Sales Decreased by 16.4%

article thumbnail

HOUSING ‘TRIFECT’ PUTTING SQUEEZE ON BUYERS

Will Springer Realtor

also the oldest age of a first-timer ever recorded by the National Association of Realtors® (NAR). building permits were granted in Seattle between 2013 and 2022, with 85K of them for multi-family construction. New York City saw the most development over the past decade, with 98% of its 242K permits comprised of multi-family units.

Buyers 36