Housing Wire

FEBRUARY 6, 2023

Prior to the pandemic, buyers paid closer to 0.5 points on average, with a corresponding cost of about $1,500, in 2018 through 2020. “On While buyers seem to be returning to the market early in 2023, purchase loans locked in January are still off by 13% compared to the 2018 and 2019 pre-pandemic levels.

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Housing Wire

MARCH 6, 2023

Price impacts could strengthen again if 30-year rates continue to climb, as they have through late February, although tight inventory will put a floor on how much prices will ease, the report noted. 25, purchase lock counts were 21% below the same week in 2019, and 30% below the levels during the same week in 2018.

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Hank Miller Team

APRIL 6, 2022

It's time to answer the nagging question…did housing inventory in Atlanta increase during the first quarter of 2022? Traditionally, the months of May and June see the most new listings as the school cycle hits – graduating families sell and rising families buy. The difference now is rising rates and even less inventory.

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Housing Wire

AUGUST 3, 2022

We saw this in 2013-2014 and 2018-2019. In 2018, sales trends fell from 5.72 They have to move as well, so a traditional seller is a buyer most of the time when it’s a primary resident owner. We see some of this in the active listing data as new listings are declining. NAR total inventory data.

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Housing Wire

APRIL 22, 2024

It was listed at (list price) and sold well above the asking price. There are still plenty of buyers interested in this area. In fact, we had (number) offers, which means there are still ready, willing, and qualified buyers eager to make an offer! Many of us are in sellers’ markets with very low inventory.

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Cleveland Appraisal Blog

JANUARY 5, 2023

While we still have a significant shortage of housing inventory in Cuyahoga County, we had more active listings last month than we had in December 2020 and 2021. The chart below reflects the total active single-family listings in Cuyahoga County. Before the pandemic craze, the list-to-sales price ratio was 97%.

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Housing Wire

MARCH 22, 2024

Unlike many other metropolitan areas across the country , the housing market in Southwest Florida is comparably flush with for-sale inventory. “I We are seeing a healthy increase in inventory, which we really needed.” Smith attributes the uptick in inventory to a bump in new listings.

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Empire Appraisal Group

JANUARY 4, 2023

Buyer demand has dropped due to rising rates, and seller supply slowed too, creating an uneasy balance. But if buyers drop or sellers expand more, it will impact prices. NEW YORK – The U.S. The start of the year, of course, is when homeowners and real estate agents start to bring new inventory to market.

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Housing Wire

AUGUST 21, 2023

Buyers in this real estate market notice these affordability changes, and so we can see in the data fewer home purchase offers, slightly climbing unsold inventory, and slightly more price reductions for the homes that are on the market. And every uptick in mortgage rates leads to a downtick in the number of home buyers in the market.

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Will Springer Realtor

FEBRUARY 9, 2022

The affordability question is becoming more difficult to justify too, as home prices and interest rates rise amid other challenges facing buyers.“That’s People are looking at higher prices, there’s slim pickings in inventory and now we have higher mortgage rates.”. Buyers with the deepest pockets may wait, however. home buyers.

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Housing Wire

MARCH 14, 2022

More expensive money also meant fewer investors holding homes so inventory would climb too. The price of new listings continues to rise, which is a very bullish indicator for sales prices in the coming months. Fortunately we have 2018 as a guide to understand the impact of rising interest rates on the housing market in 2022.

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Boston Appraisal

JULY 22, 2019

year over year from March 2018. After estimating in late 2018 that 30-year mortgage rates could reach 5.1% This will be a relief for aspiring buyers burdened by dwindling inventory, high prices, and competition, particularly in hot markets like the Bay Area and Greater Boston. Index Points in April of 2019.

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Boston Appraisal

JULY 22, 2019

year over year from March 2018. After estimating in late 2018 that 30-year mortgage rates could reach 5.1% This will be a relief for aspiring buyers burdened by dwindling inventory, high prices, and competition, particularly in hot markets like the Bay Area and Greater Boston. Index Points in April of 2019.

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Housing Wire

OCTOBER 11, 2022

Inventory, which has been falling for years, broke to all-time lows in 2020. We didn’t have a seasonal push in inventory in 2020, and things worsened in 2021. Of course, this has brought back some inventory, as demand weakness always creates inventory through accumulation. million active listings, but at just 1.28

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Will Springer Realtor

NOVEMBER 14, 2023

Beyond labor strife, America’s home buyers and sellers appear to be on strike as well. Worsening affordability issues and lower-than-usual inventory have prompted many consumers to watch this housing market from the sidelines – without the picket lines. months of inventory available in the county, down from 2.0 in September.

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Will Springer Realtor

DECEMBER 19, 2023

The region’s real estate scene in 2023 will be remembered for rising home prices and scant new listings. Buyers and sellers tiptoed through caution. As the year dims, all eyes fixate on 2024’s potential: a hopeful dance fueled by dreams of lower rates and a wave of new homes for sale. Um, bye-bye!

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Will Springer Realtor

MARCH 10, 2023

Unless the listed home is in a favorable location, priced competitively and move-in ready, activity has been somewhat muted as prospective buyers and sellers wait for economic conditions to improve. at the Estates, which will share space with a new InterContinental Hotel. List: $4,880,098 ($1258/sq. Prices start at $1.4M

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Listing Spark

JANUARY 12, 2023

Builders will continue to target first-time home buyers with incentives. Home sellers should focus on their local market and pull out all the stops when listing a house. 2022 Market Trends: Decrease in sales, values, and new listings in Austin, TX; median home value up 9.9% Episode Highlights.

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Will Springer Realtor

JANUARY 10, 2023

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. In fact, the numbers of new single-family (701) and condo listings (186) in the county were 44%+ lower than November figures. news publishers.

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Housing Wire

OCTOBER 10, 2023

Inventory continues to grow faster than last year at this time. Higher rates equal more inventory, and lower rates equal less inventory. If mortgage rates were to fall between now and January, expect to see inventory decline again next year like it did for most of this year. That’s up a fraction from last week.

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Will Springer Realtor

JUNE 9, 2021

Prices have soared in most areas – including a 30% jump in the past year for single-family homes in King County – amid a shortage of inventory and a sharp rise in the number of buyers. Flood of buyers – As I noted last month , Millennials will fuel this housing market for at least a decade to come as about 4.5

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Housing Wire

JULY 20, 2021

.” Homes for sale are still being snatched up quickly throughout the country, but a recent slowdown in bidding wars may signal some buyer fatigue in the housing market. New listings are also up 4% year over year, meaning more properties are hitting the housing market for buyers to bid on. in May and a peak of 74.1%

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Will Springer Realtor

OCTOBER 8, 2021

I also heard the same question from buyers this year. While early to mid-spring was frenzied – featuring waves of cash-carrying buyers with their contingency-absent offers – the housing environment settled down to a somewhat civilized pace by September and likely for the next few months. And that answer appears to be “yes.”

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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.

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Housing Wire

JULY 17, 2023

By October 2022, it looked like 2023 would have rising inventory and falling home prices. But since January, home buyers have defied all expectations. Sellers have not materialized, and buyers have been buying everything that becomes available. Inventory has fallen all year. I grew pretty bearish again. Currently, 33.1%

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Will Springer Realtor

AUGUST 9, 2022

Also known as a mother-in-law or cottage, the dwellings can offer viable housing to younger buyers seeking to save for their first home or enable seniors to age within a familiar neighborhood. An independent estimate from 2018 claims roughly 40% of the nation is in a flood-risk area. year-on-year (YoY). above asking only a month ago.

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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. Those surveyed said they wanted to listen in on what buyers do and don’t like about the homes.

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Housing Wire

AUGUST 1, 2023

Even as mortgage rates rose, and affordability was pushed out of reach for many potential homebuyers, there are still sufficient buyers who can afford these prices and these rates. The number of buyers has been surprising. The median price of the new listings this week is $399,900.

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Will Springer Realtor

APRIL 8, 2021

More buyers are making larger down payments. Buyers in the U.S. >> Through February, the number of existing home listings across 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. >>

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Housing Wire

MARCH 16, 2021

That drop in builder confidence is in spite of sky-high buyer demand, which hasn’t waned despite rising home prices and climbing mortgage rates – the latter up 30 basis points from February. A Homesnap report said total new listings increased only.22% 22% in December, while total sales increased 19.29%.

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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. >> The City of Kent reported home prices increased 88% between 2010 and 2018, while incomes for homeowners rose 11% in that time. POTENTIAL TAX SAVINGS. months (0.6

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Will Springer Realtor

MAY 12, 2021

Amid the challengers for buyers, there is an expectation for housing activity to continue puffing its Thomas the Tank Engine without a misfire – at least through early summer – before possibly lowering a gear. One of the reasons for the continued home-sales intensity – in any season – is a key group of “new” buyers.

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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. >>

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Will Springer Realtor

JULY 9, 2021

In addition to “more space,” prospective buyers were on the hunt for a quiet location (28%) and updated kitchen (25%), as the chart notes. While most buyers focus on the standards of kitchens and bathrooms, research shows the best ROI is from replacing the garage door. Inventory across our area remains extremely low.

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