Will Springer Realtor

JUNE 9, 2021

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 market during the pandemic – and there is great anticipation for strong demand. The six-story, 162-unit condo opened in 2018 and is now about 93% sold. million single-family homes shy of demand.

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Housing Wire

OCTOBER 10, 2023

The same trends in the housing market in recent weeks are still dominant this week. To find out more of my weekly housing market insights backed by Altos Research data, watch the video above. To find out more of my weekly housing market insights backed by Altos Research data, watch the video above.

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Will Springer Realtor

MARCH 14, 2022

Most owners will contract work out for major renovation projects while doing DIY work on replacing flooring, painting or improving outdoor space, the survey from LendingHome showed. Amid limited housing supply and rising prices, buyers will need to anticipate touring homes that will need some TLC as housing stock ages. . >>

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Houston Properties

JULY 22, 2022

months of single-family homes for sale — the lowest amount on the market than at any time in the last 14 years. My last three listings have received a combined 14 offers and gone under contract, on average, within 4 days. Read more about my custom marketing plans ). "I Additional Resources For Houston Home Sellers.

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Will Springer Realtor

APRIL 10, 2024

Recent news that the National Association of Realtors® (NAR) wishes to settle a series of lawsuits from home sellers has sent ripples through the real estate industry. Allegations of collusion to inflate compensation paid to both buyer and seller agents in transactions prompted this landmark settlement, estimated at a staggering $418M.

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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 According to an analysis by S&P Global , between 2018 and 2023, homeowners insurance rates in Florida have jumped by 43.2%. From 2022 to 2023 alone, rates rose 15%.

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Lamacchia Realty

APRIL 6, 2022

She brings years of industry experience and expertise in all aspects of the home buying & selling process as well as construction, land assessment & purchasing, negotiating contracts, and design. Ashley has been with Lamacchia Realty since 2018 and she was just recognized as a Top Producer for 2021.

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Will Springer Realtor

DECEMBER 19, 2023

Buyers and sellers tiptoed through caution. Prospective buyers and sellers watched this one out from the sidelines, leading to King County sales activity hitting lows not seen since 2010 at the heart of the housing crises. Any one of those risks could cascade into other parts of the market and tip the economy into recession.”

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Real Estate Buyers Sellers Inventory 68

Assurance Financial

DECEMBER 20, 2021

After all, the 2018 American Community Survey found that the median length of time homeowners stayed in their homes was 13 years, a shorter length of time than most mortgage terms. If you’re selling your house before the mortgage term is up, you can take one of two avenues: 1. As a result, the seller no longer has that mortgage.

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Mortgage Sellers Buyers Finance 74

Appraisal Today

JANUARY 12, 2024

The main dataset used in this blog is a 5 percent sample of single-family housing in the Uniform Appraisal Dataset (UAD) that Fannie Mae and Freddie Mac (the Enterprises) collect.5 5 The time period covered, the third quarter of 2018 through the fourth quarter of 2021, includes all the UAD data available to FHFA when the analysis began.

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Appraisal Contracts Mortgage Marketing 67

Lamacchia Realty

DECEMBER 28, 2021

2021 is going down in history as a historical year for the housing market across America. From offering dramatically over asking price, putting down massive deposits, waiving home inspection contingencies or not doing home inspections at all, waiving mortgage contingencies, agreeing to close whenever sellers want, and more.

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Housing Wire

MAY 24, 2022

A lot of the housing data was lagging the rate move, so it wasn’t apparent that higher rates impacted the data yet. Going back to the summer of 2020, the one factor that I said could change the housing market was the 10-year yield getting above 1.94%. However, the housing market changed once the 10-year yield broke over 1.94%.

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Houston Properties

JANUARY 12, 2022

Houston Real Estate Market Forecast: Current Data & 2022 Predictions. Concerned about a housing market crash? Why We're Fearful: Buyer & Seller Mistakes. Why We’re Fearful: Buyer & Seller Mistakes. "A This is specially important in a market as hyper-local as Houston. Get PDF Now.

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Housing Wire

AUGUST 21, 2023

And every uptick in mortgage rates leads to a downtick in the number of home buyers in the market. This housing market is much different from last year at this time. Inventory often peaks the last week of August, the fall has fewer sellers and it keeps shrinking through the holidays. Rising rates make more inventory.

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Inventory Contracts Buyers Sellers 369

Housing Wire

JULY 17, 2023

housing market could have a soft landing in 2023. The market was roaring — way too hot — with bidding wars, speculators and investors who thought they couldn’t lose. Sellers have not materialized, and buyers have been buying everything that becomes available. The froth is out of the market. There was no crash.

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Appraisal Today

JUNE 3, 2022

Excerpts: The housing market sizzle has faded and we’ve entered a different season. We’ve basically said goodbye to the most aggressive housing market ever, and we’re in a new market now. Granted, the housing trend still feels elevated from normal, so it’s an error to call this market cold.

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Housing Wire

AUGUST 1, 2023

The median price of the homes in contract is $385,000. There are now 376,000 single-family homes in contract. Maybe by Q4, we’ll have more homes in contract than there were at the end of 2022. When you look at just the new sales each week, you can see how the pace of the market has recovered. In 2022 there were 418,000.

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Housing Wire

AUGUST 23, 2022

The housing market is in a recession, something that the homebuilders and the National Association of Realtors now agree with me on, as this recent CNBC clip shows. Over the years, I have tried to emphasize that the housing market in the U.S. If rates fall back toward 4%, the housing landscape will change.

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Will Springer Realtor

OCTOBER 8, 2021

Here’s how topsy-turvy our housing market has been this past year-plus. Now you may think I am referring only to homeowners, as in did they miss the peak of the market to sell their home at top dollar. The market may go into a brief lull – as it does during this quarter and into early next year. OCTOBER HOUSING UPDATE.

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Will Springer Realtor

SEPTEMBER 8, 2021

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. IOU IN THE FORM OF AN RSU.

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Construction Inventory Buyers Real Estate 36

Will Springer Realtor

APRIL 11, 2022

One-size-fits-all parking requirements can lead to excess land dedicated to parking that might otherwise be used for housing. Parking stalls in the Puget Sound region increased by 13% from 2013 to 2018, while the population increased by 9% and housing rose by only 6%, according to local data sources. APRIL HOUSING UPDATE.

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Will Springer Realtor

JULY 9, 2021

I am often asked by sellers what home projects should they address to get the highest return on investment. The National Association of Realtors® recently announced a new partnership with the LGBTQ+ Real Estate Alliance, a nonprofit that promotes homeownership and advocates for greater equality in housing. JULY HOUSING UPDATE.

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Quicken Loans

APRIL 12, 2021

Foreclosure purchases thrived in 2009-2010 when a recession-battered housing market hit its peak foreclosure rate. Now that the market is in better health, foreclosed homes are on the decline, with 624,753 properties filing for foreclosure in 2018, according to the ATTOM Data Solutions 2018 Foreclosure Market Report.

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Will Springer Realtor

FEBRUARY 9, 2022

Among other bills in the works, as of this writing: House Bill 1908 relates to the conversion of surplus public property to affordable housing. HB 1951 would remove “Don’t Know” from the Seller Disclosure Statement that owners complete with the sale of a home. For our housing market, it’s time to have that talk.

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Buyers Law Inventory Development 36

Will Springer Realtor

MAY 12, 2021

Warns Danielle Hale, chief economist with realtor.com: “While younger Millennial and Gen Z buyers are expected to play a growing role in the housing market, fast-rising prices will create a bigger barrier to entry for the many first-time buyers in these generations who don’t have existing home equity to tap for down payment savings.”.

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Real Estate Inventory Buyers Construction 36

Will Springer Realtor

AUGUST 9, 2022

What is true is that every time we lean in and face the headwinds of economic weakness the housing market is a welcome refuge.As An independent estimate from 2018 claims roughly 40% of the nation is in a flood-risk area. cities to determine the fastest-rising housing markets and two in our area ranked in the Top 25.

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