2016 Buyers New Listings Sellers 
Housing Wire
APRIL 30, 2023
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.
Housing Wire
FEBRUARY 27, 2023
Weekly housing inventory decreased by 6,801, while new listing data is still negative year-over-year. I call this rate lock risk, where some buyers don’t qualify or don’t want to continue the purchase until rates fall again. Rates spiking almost 1% in mere weeks is damaging because it can take some previous buyers out of play.
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Housing Wire
MARCH 19, 2023
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.
Will Springer Realtor
MAY 9, 2023
The chart (below) puts it in sharp focus: Except for the pandemic year of 2020 when there were 2559 new listings that April, last month was the slowest April since at least 2008 when easy access to Northwest Multiple Listing Service data became available. Where are all the sellers? There are 1.7 months in Seattle and 1.2
Housing Wire
JULY 24, 2023
The trends in this chart show how quickly home buyers reacted to the big mortgage rate jumps in 2022. My guess though, is that inventory will continue to climb into late August and resemble 2021 more than say 2016. 450,000 is a psychological threshold for sellers and prices tend to cluster around these big numbers.
Will Springer Realtor
AUGUST 11, 2023
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. An index score of 100 means that a buyer with a median U.S. The national trend for new construction, however, is generally moving in the opposite direction.
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. Down from 111,187 in 2021) 2022 was on par with 2016 sold numbers.
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