Housing Wire

MARCH 19, 2023

Mortgage rates fell as the banking crisis got worse and purchase application data grew for the second week in a row, but the big question is: Did we hit the seasonal bottom in housing inventory? Weekly inventory increased by 1,734. New listing data collapsed, but we are putting an asterisk on that data line for this week.

Housing Market 382

Housing Market Marketing Inventory New Listings 382

Lamacchia Realty

SEPTEMBER 13, 2022

That is why pricing your home accurately from the beginning will typically generate increased activity from buyers and higher offers. These days, buyers have access to the same information as REALTORS and are not fooled by an overpriced home; they will typically steer away from it if they believe the price is too high.

Inventory 73

Inventory Sellers Agents Buyers 73

Houston Properties

JANUARY 13, 2021

This highlights the importance of Avoiding the 9 Most Common Mistakes Buyers Make. Avoid 9 Costly Mistakes Sellers Make. Buyers Beware? We expect a nationwide drop in home values as home inventory continues to shrink and we start to feel the economic impact of last year’s mishaps. Do You Want To Buy A Home Now?

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Housing Wire

FEBRUARY 4, 2022

Housing entered 2022 riding high on several superlatives: the highest-ever annual price appreciation, the lowest-ever active inventory and the fastest monthly rise in mortgage rates since 2016. That could keep supply limited even as demand begins to slowly slacken.

Housing Market 370

Housing Market Inventory Home Value Marketing 370

Houston Properties

JULY 21, 2022

"The Houston Properties Team make real estate transactions a lot less complicated for sellers – they take care of everything AND they get the highest prices and the shortest closings. On the buyer side, she will absolutely tell you what’s wrong with a property and give you all of the reasons not to buy it.

Real Estate Agent 36

Real Estate Agent Real Estate Realtors Agents 36

Housing Wire

JULY 24, 2023

The trends in this chart show how quickly home buyers reacted to the big mortgage rate jumps in 2022. Inventory There are now 479,000 single-family homes on the market across the U.S. Each year, housing inventory typically peaks in the third quarter. Our estimation is that inventory could peak as early as next week.

Inventory 354

Inventory Contracts New Listings Buyers 354

Appraisal Today

DECEMBER 8, 2023

year over year in the third quarter to 48,667—the lowest level of any third quarter since 2016. The record comes as mortgage rates hover at elevated levels, hitting their highest level in 23 years last week and cutting deep into buyers’ budgets. Investor purchases of U.S. homes dropped 29.7% Sale prices are still up 3% from a year ago.

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Appraisal Real Estate Contracts Design 67

Houston Properties

JANUARY 12, 2022

Why We're Fearful: Buyer & Seller Mistakes. I’m A Buyer. Why We’re Fearful: Buyer & Seller Mistakes. "A The root causes of buyers overpaying are similar: Using an inexperienced agent (one with less than 6 transactions in total). Original Sale: 2016. Get PDF Now. Should I Panic?

Real Estate 36

Real Estate Marketing Real Estate Agent Realtors 36

Will Springer Realtor

AUGUST 11, 2023

First, let’s set the scene: Housing inventory is shrinking year to year in most parts of the country and there are no signs of significant replenishment over the horizon. As the chart shows, a historically large segment of Millennials is inching toward 36, the median age of a first-time home buyer in the U.S.

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Buyers Development Construction New Listings 36

Listing Spark

MARCH 9, 2023

But as potential buyers and sellers begin mapping out their plans for the future, understanding how the state’s real estate market is shifting is essential. This change in rates caused homes to immediately become significantly more expensive for buyers. Months supply of inventory climbed from 0.6 increase YOY).

Real Estate 36

Real Estate Marketing Inventory Sellers 36

Will Springer Realtor

DECEMBER 8, 2021

Who said this is a sellers’ market? GREATER BUYING POWER Buyers who are struggling to purchase a home in this frenzied housing market will receive a bit of a lifeline in 2022. Single-family-home buyers seeking to purchase a luxury home – known as a high-balance mortgage – will likely pay a higher interest rate.

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Sellers Marketing Supply Chain Construction 36

Houston Properties

JULY 22, 2022

Get A FREE Home Valuation Enter your email to receive a free, easy to read seller's guide on how to sell your house in the shortest time for the most money. Additional Resources For Houston Home Sellers. The combination of low inventory and high demand is great for sellers. – 2016: Texas’ Most Influential Realtors.

Real Estate Agent 36

Real Estate Agent Real Estate Realtors Agents 36

Houston Properties

JULY 21, 2022

"The Houston Properties Team make real estate transactions a lot less complicated for sellers – they take care of everything AND they get the highest prices and the shortest closings. Most of the current inventory is composed of single-family homes and townhomes. – 2016: #1 Individual Agent, Keller Williams, Texas.

Real Estate Agent 36

Real Estate Agent Real Estate Realtors Agents 36

Lamacchia Realty

AUGUST 26, 2021

Sellers still have the upper hand in this market as inventory is still a tight commodity with the increase in sales. Prices are still on the rise as buyers out compete one another in bidding wars, inflating sale prices. Buyers are willing to pay what sellers want as the number of price changes is down year over year.

Inventory 67

Inventory Sellers Buyers Real Estate 67

Will Springer Realtor

MAY 9, 2023

Falling new inventory is constraining transaction volumes while also supporting higher home prices. Where are all the sellers? A full 82% of sellers and buyers felt “locked in” by their current (low) mortgage rates, according to a survey released by realtor.com. The inventory may not be there, but the demand sure is.

New Listings 59

New Listings Inventory Buyers Sellers 59

Lamacchia Realty

JULY 20, 2021

This month’s report will address the lingering effects of COVID and the massive amount of home sellers that didn’t list last year, and so 2019 will be discussed to compare this month to a market not impacted by a pandemic. Massachusetts Home Sales Up 51.4%. Year over year, sales increased by 51.4% See chart below, red circle. respectively.

Sellers 68

Sellers Inventory Buyers Marketing 68

Lamacchia Realty

OCTOBER 26, 2021

Highlights: Sales are down and prices are up, signifying that the market has shifted into more of a buyer’s market, making this the best Fall to buy in two years. Sellers for the first time in a while may not get to name their price in this fall market, as competition for homes is decreasing. 2021 – 8,974 2020 – 9,813 2019 – 8,522.

Inventory 68

Inventory Buyers Sellers Landlords 68

Lamacchia Realty

JULY 28, 2021

Many buyers, during the throws of the pandemic, wanted single family homes instead of communal living, and with that great demand and low inventory came great market value increases. High demand and tight inventory are the culprits for this rise. The chart below illustrates this phenomenon.

Inventory 68

Inventory Buyers Sellers Marketing 68

Lamacchia Realty

SEPTEMBER 24, 2021

Sellers have had the upper hand for a long time but need to be prepared for more inventory, meaning buyers won’t have to compete as much. Prices increased, as they’ll continue to do for the foreseeable future due to buyers outbidding one another or paying what sellers ask. Price accordingly. year over year.

Sellers 68

Sellers Buyers Inventory Realty 68

Lamacchia Realty

JUNE 21, 2021

This month’s report will be unlike years’ past due to the lingering effects of COVID and the massive amount of home sellers that didn’t list last year, and so 2019 will be discussed to compare this month to a market not impacted by a pandemic. Low inventory and high demand caused this jump in prices, as you can see in the chart below.

Sellers 63

Sellers Buyers Marketing Inventory 63

Houston Properties

JULY 22, 2022

On the buyer side, she will absolutely tell you what’s wrong with a property and give you all of the reasons not to buy it. The Southgate Houston market in real estate is a bustling market for sellers, with 1 to 2 homes sold per month in its often low inventory. – 2016: #1 Individual Agent, Keller Williams, Texas.

Real Estate Agent 36

Real Estate Agent Real Estate Realtors Agents 36

Lamacchia Realty

MAY 25, 2021

This month’s report will be unlike years past due to the lingering effects of COVID and the massive amount of home sellers that didn’t list last year, and so 2019 will be discussed to compare this month to a market not impacted by a pandemic. Low inventory and high demand, along with normal real estate trends have caused the rise in prices.

Sellers 52

Sellers Buyers Real Estate Inventory 52

Lamacchia Realty

OCTOBER 27, 2021

The inventory crisis last year caused demand to spike higher than ever by fall into winter, which in turn caused prices to continue to increase significantly. Any current buyers considering making an offer would be well advised to move fast. Local buyers are going to have to be prepared to compete for homes. Buyer Resources.

New Listings 52

New Listings Realty Inventory Buyers 52

Zillow

JULY 9, 2019

Today's housing market is short on inventory, with 10% fewer homes on the market in November 2017 than November 2016. In today's market, especially in the more competitive markets, it's incredibly easy to go over budget - 29% of buyers who purchased last year did. Focus on what's important to you. The most common culprit?

Buyers 53

Buyers Mortgage Investing Sellers 53

Lamacchia Realty

SEPTEMBER 30, 2021

The inventory crisis last year caused demand to spike higher than ever, which in turn caused prices to continue to increase significantly. A slight increase in listings for both single families and condos/townhomes is a positive sign for buyers as this may help with selection. . Buyer Resources. April 4, 2016.

New Listings 55

New Listings Real Estate Realty Buyers 55

Lamacchia Realty

JUNE 25, 2021

Due to the lingering effects of COVID and the massive amount of home sellers that didn’t list last year, 2019 will be discussed to compare this month to a market not impacted by a pandemic. Many sellers paused on their plans to list as the stay-at-home mandate would have made it very difficult for buyers to tour the homes.

Sellers 46

Sellers Buyers New Listings Realty 46

Will Springer Realtor

SEPTEMBER 8, 2021

The Institute outlined four ways innovative builders could accommodate the emerging buyer wants: Immersion into nature. Here’s a negotiating tactic that you may not have thought of: Sellers who “spy” on buyers when they are visiting the home. BY THE NUMBERS. >> Buyers secured 3.8 That’s fair. SMILE FOR THE CAMERA.

Construction 36

Construction Inventory Buyers Real Estate 36

Will Springer Realtor

JULY 8, 2022

The King County housing market has seen inventory increase by 55% in the past month, while the number of homes going under contract fell 22% from May to the lowest June level since 2011. Even stock investments, the source of many down payments for buyers, have taken a heavy blow. FOR FIRST-TIME BUYERS, NOW WHAT? Washington, D.C.,

Housing Market 36

Housing Market Marketing Inventory HOA 36

Will Springer Realtor

APRIL 8, 2021

More buyers are making larger down payments. Buyers in the U.S. offers made on every sold home in February, NAR reported, and properties across the nation are currently finding a buyer in a record-low 20 days on average. >> month (or 18 days of inventory), down from 0.9 BY THE NUMBERS. There were an average 4.1

Inventory 36

Inventory New Listings HOA Buyers 36

Lamacchia Realty

MAY 26, 2021

This month’s report will be unlike years past due to the lingering effects of COVID and the massive amount of home sellers that didn’t list last year, and so 2019 will be discussed to compare this month to a market not impacted by a pandemic. Buyer Resources. April 4, 2016. Seller Resources. Additional Resources.

New Listings 38

New Listings Real Estate Sellers Realty 38

Will Springer Realtor

NOVEMBER 12, 2021

are 64% more expensive now than in 2016 and are reduced in number by more than half today: “I expect the inventory of starter homes to remain extremely tight, especially in desirable smaller markets,” Ali Wolf, chief economist at the building consultancy Zonda, told realtor.com. months of inventory in King, down from 0.7

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Law Inventory Real Estate Government 36

Will Springer Realtor

JANUARY 7, 2022

After a cooling off period to enjoy the holidays and avoid severe weather, buyers were back on the prowl for a new home as sellers prepped their properties for the seasonal rush. The industry is prepared for another high-demand, low-inventory year, even if conditions do not quite hit the fever pitch of 2021. Scott Real Estate.

Construction 36

Construction Real Estate Inventory Buyers 36

Will Springer Realtor

JUNE 8, 2022

The multi-pronged effort includes legislative and administrative actions to increase the number of affordable units and overall inventory. As home prices surge and people delay – or forgo – nuptials, buyers are pooling their finances with unmarried partners, roommates or friends to purchase a place. was $1889. >> 1 (6861). >>

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Design Construction Development Property Taxes 36

Will Springer Realtor

AUGUST 9, 2021

The Biden administration’s $2T infrastructure plan includes $213B allocated for housing, with a focus on low- and middle-income homeowners and potential buyers. >> Seattle home prices have skyrocketed 68% since May 2016, according to new data from the Case-Shiller Price Index. months of inventory available compared with 0.3

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Construction Inventory Property Taxes Development 36