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Are mortgage rates about to break out higher again?

Housing Wire

We should see the seasonal bottom soon and then the traditional increase in active inventory to match the growth in new listings data. This also assumes that new listing data stays on its path for growth year over year. However, 2023 was the lowest new listings data pool ever, which was an unhealthy outcome.

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Housing Market Tracker: Spring inventory grows

Housing Wire

Weekly housing inventory Since new listing data was trending at all-time lows in 2023, some feared we wouldn’t see the typical spring inventory increase. After the last few weeks , we can put that fear aside: we are finally getting the seasonal increase in active listing. This link explains the difference and is worth a read.

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Why are mortgage rates surging?

Housing Wire

Even with rates spiking, the new listing data hasn’t created another new leg lower. If the government is open) If we don’t have a government shutdown , the week ahead will be jobs week again! Last week, according to Altos Research : Weekly inventory change (Sept.22-29) The week ahead: It’s jobs week! (If

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Housing Market Tracker: Holiday impacts inventory

Housing Wire

Here’s a quick rundown of the last week: Active inventory grew 3,180 weekly , and new listing data fell week to week and is still trending at an all-time low in 2023. However, I am grateful we even saw some traditional spring inventory growth this year because new listing data is trending at all-time lows.

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Housing Market Tracker: Mortgage rates fall after SVB failure

Housing Wire

We had a 21st-century bank run on Silicon Valley Bank and then the federal government took action over the weekend to stop the contagion. Weekly inventory fell by 6201 , and new listing data is down noticeably from last year, which was different than last week. Since new listing growth is running at all-time lows, reaching 1.52

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Housing Market Tracker: Banking crisis is a new variable

Housing Wire

New listing data collapsed, but we are putting an asterisk on that data line for this week. Now the bad news: new listing data fell so much this week that I am putting an asterisk on this week’s data until we see if this is a trend or just a one-off in the weekly data that can occur from time to time.

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Will Springer Realtor - Untitled Article

Will Springer Realtor

The number of new listings for all home types – single-family, townhomes and condos combined – in King (887) fell 47% from November and declined 36% from December 2021. The 2-story house with finished basement was built in 2007 and updated after the former Seahawks star bought the place in 2015 for $6.7M. LUXURY LIVING.