Will Springer Realtor

MAY 9, 2023

Falling new inventory is constraining transaction volumes while also supporting higher home prices. It’s a dynamic not often seen in our area and it – along with stubbornly high mortgage interest rates – has generated a rollercoaster ride of data that would make Six Flags jealous. Where are all the sellers?

New Listings 59

New Listings Inventory Buyers Sellers 59

Housing Wire

JULY 24, 2023

The trends in this chart show how quickly home buyers reacted to the big mortgage rate jumps in 2022. And, by September if mortgage rates don’t jump, then the year-over-year home price changes will get much easier. You can see why home prices will likely end the year up over 2022 unless mortgage rates spike again.

Inventory 324

Inventory Contracts New Listings Buyers 324

Lamacchia Realty

SEPTEMBER 30, 2021

It also looks at other metrics like New Listings and New Pending Sales as they are often the best indicators for predicting future trends in the market. A slight increase in listings for both single families and condos/townhomes is a positive sign for buyers as this may help with selection. . April 4, 2016.

New Listings 55

New Listings Real Estate Realty Buyers 55

Lamacchia Realty

AUGUST 30, 2021

It also looks at other metrics like New Listings and New Pending Sales as they are often the best indicators for predicting future trends in the market. Sellers should be careful about listings their homes too high, as listings increase buyers will have more selection and more bargaining power. No Comments.

New Listings 45

New Listings Buyers Realty Real Estate 45

Lamacchia Realty

OCTOBER 27, 2021

It also looks at other metrics like New Listings and New Pending Sales as they are often the best indicators for predicting future trends in the market. South Florida is seeing a dip in sales, new listings, and new pending sales overall, while prices are still increasing. April 4, 2016. April 8, 2021.

New Listings 52

New Listings Realty Inventory Buyers 52

Lamacchia Realty

OCTOBER 26, 2021

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. The number of new listings has decreased but so has the number of pending sales, which means that inventory is lingering longer than it has been which is a positive sign for buyers. April 4, 2016.

Inventory 67

Inventory Buyers Sellers Landlords 67

Will Springer Realtor

AUGUST 11, 2023

NAR’s Housing Affordability Index is a good measure of whether a household earns enough to qualify for a mortgage on a typical home. None of the Seattle-area counties were on the list. >> King County new listings fell 13% from June to July (2158), led by a 20% slide in Seattle (690).

Buyers 36

Buyers Development Construction New Listings 36

Lamacchia Realty

JULY 26, 2021

It also looks at other metrics like New Listings and New Pending Sales as they are often the best indicators for predicting future trends in the market. The dip in June 2020 sales, new listings, and pending sales reflected the log jam that the real estate industry experienced during the shutdown. April 4, 2016.

Buyers 36

Buyers Sellers New Listings Realty 36

Will Springer Realtor

APRIL 8, 2021

The boost in equity was helped most simply by saving more while in “pandemic hibernation” and from many homeowners refinancing mortgages amid generationally low interest rates. >> million loans in forbearance – mortgage payments on pause, most likely for financial reasons during the pandemic. of all mortgages in the country.

Inventory 36

Inventory New Listings HOA Buyers 36

Will Springer Realtor

SEPTEMBER 8, 2021

There are no signs of a real estate crisis, particularly in the Puget Sound region, where prices keep rising – up about 20% the past year and 68% in Seattle alone since 2016, by one measure – amid a dearth of inventory and surge of buyers. And the answer is, It’s not going to crash. See the August housing report further below, if you dare!).

Construction 36

Construction Inventory Buyers Real Estate 36

Will Springer Realtor

JULY 8, 2022

This, coupled with a significant portion of homeowners standing pat with mortgages at or below 4% interest (and other factors) is causing the market to lose steam. Home shoppers often focus on the direction of mortgage interest rates, which have jumped more than two percentage points this year alone to a range of 5.75%-6.0%

Housing Market 36

Housing Market Marketing Inventory HOA 36

Will Springer Realtor

JUNE 8, 2022

Calling upon Fannie Mae, Freddie Mac and other secondary-market mortgage holders to lower the bar to ownership through tax credits, larger deductions on mortgage interest and greater options for down payment assistance can also help. >> Forty-five percent of residential mortgages in the U.S. was $1889. >>

Design 36

Design Construction Development Property Taxes 36

Will Springer Realtor

AUGUST 9, 2021

The index showed a growing difficulty to afford a home even while household income and mortgage rates improved compared to last year. And, Seattle’s attempt to force building developers to incorporate more affordable homes within their new residential endeavors yielded only 21 units in 2020 out of a swell of 224 construction projects. (An

Construction 36

Construction Inventory Property Taxes Development 36