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An inside look at local housing markets across the country

Housing Wire

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. The market is just insane,” she said. “I

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Is housing inventory growth really slowing down?

Housing Wire

One of the most important housing market stories in recent weeks has been the decline in new listings , which has slowed the growth rate of total inventory. Once that happens, I can finally take the savagely unhealthy housing market theme off my talking points. What does this mean? million to 1.93

Inventory 522
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RISING INFLATION, RATES TRIP UP HOUSING MARKET

Will Springer Realtor

The screeching you heard in June was the sound of brakes being applied to the housing market across the U.S. 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. Not really sure.”.

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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). We need to take an approach to the housing crisis that embraces change, is inclusive and extremely productive. King County new listings fell 13% from June to July (2158), led by a 20% slide in Seattle (690).

Buyers 36
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Signs of Inflation Expand Well Beyond Housing Prices

Will Springer Realtor

home was $313,000 through February, a sharp 16% higher from a year ago, according to the National Association of Realtors® (NAR). Of course, most of these figures pale in comparison to our market, where median home prices across King County are more than twice the national average (see the market report for March further down). >>

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HINTS OF SHARP INCREASE IN NEW CONSTRUCTION

Will Springer Realtor

One of the hottest search phrases on Google today is, “When is the housing market going to crash?”. Not “ Will the housing market crash?” We shared in a previous newsletter the many factors driving our buoyant housing market – and there is no end in sight to home appreciation. SEPTEMBER HOUSING UPDATE.

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IN DIRE NEED OF GENERATIONAL RESPONSE TO HOUSING SHORTFALL

Will Springer Realtor

“There is a strong desire for homeownership across this country, but the lack of supply is preventing too many Americans from achieving that dream,” said Lawrence Yun, chief economist for the National Association of Realtors® (NAR). A surprising 3% used the time to build a new house. AUGUST HOUSING UPDATE.