2014 Contracts Inventory Sellers 
Housing Wire
NOVEMBER 29, 2021
From the National Association of Realtors : “The Pending Home Sales Index (PHSI), a forward-looking indicator of home sales based on contract signings, rose 7.5% An index of 100 is equal to the level of contract activity in 2001.” When inventory rises and more supply is on the market, this means demand is fading.
Housing Wire
OCTOBER 1, 2022
As reported in the latest NAR Existing-Home Sales , inventory still remains in tight supply, which means homes are still moving at a fast past despite the recent rise in rates and home prices. However, in many areas of the country it does remain a seller’s market. The last high among all-cash buyers was seen at 35% in 2014.
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Housing Wire
APRIL 1, 2024
At the same time, seller volume dried up. But now sellers are coming back into the market. Total available inventory is gradually climbing about 1% per week — last year it was still declining in April. As we roll into the second quarter, we should have accelerating inventory growth each week.
Birmingham Appraisal
JULY 27, 2022
If they didn’t lose out on a contract for the home of their dreams they had to bid the price up way over the list price to even get the attention of sellers who have had an edge in the market since interest rates dropped after the COVID pandemic. Months of Inventory/Active Listings – The months of inventory is on the rise.
Empire Appraisal Group
JANUARY 11, 2023
But even though mortgage rates and home prices are expected to moderate, home sales may still sag under persistent inventory shortages, housing economists predict. Housing inventory is expected to remain tight in 2023, with housing starts below historical averages and fewer homeowners willing to sell, said NAR Chief Economist Lawrence Yun.
Birmingham Appraisal
JUNE 28, 2022
Sellers have had the upper hand over the past several years and have not had to even think about lowering the price of their homes. Some sellers may have priced their homes based on the past six months of market frenzy, however, they are now realizing that we are now in a different market. The trend ins Shelby county is similar.
Housing Wire
JANUARY 29, 2021
However, contract signings rose 21.4% Realtor.com’s Housing Market Recovery Index showed significant contract growth, specifically in Portland, Las Vegas, Denver, Los Angeles, and Boston. in November compared with 12 months ago, according to CoreLogic ‘s Case-Shiller index – the largest increase since May 2014.
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