Housing Wire

JUNE 9, 2023

history, and because of that, not even low inventory could prevent home prices from declining month to month in the second half of 2022. Now we can talk about the final stage: inventory in the U.S. Housing inventory The No. Housing inventory The No. This also means there will be no bubble crash in prices in 2023.

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Housing Wire

NOVEMBER 9, 2022

Inventory levels broke to all-time lows and thus created massive housing inflation quickly, which broke my model. We saw this happen in 2013-2014 and 2018-2019. The glaring difference between now and 2014 is that total inventory levels are roughly 1 million lower now than the peak of 2014. nominal per year at most.

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New Listings Inventory Housing Market Sellers 492

Housing Wire

MARCH 12, 2023

Weekly inventory fell by 6201 , and new listing data is down noticeably from last year, which was different than last week. The 10-year yield, already at a key critical level, couldn’t break higher but reversed and went lower Friday after the jobs report and the news around Silicon Valley Bank. million in 2023.

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Housing Wire

APRIL 3, 2023

Declining mortgage rates could have improved affordability for buyers in the housing market in February, but instead spurred a demand that, combined with a persistent lack of inventory across the U.S., “In many areas of the country, that dynamic – low inventory and a modest rise in demand – led to an uptick in home prices.”

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Inventory New Listings Housing Market Mortgage 395

Inman

JUNE 15, 2023

New listings dropped 23 percent year over year, pulling the number of homes on the market down 39 percent compared to the same period five years ago, according to an analysis by Redfin issued Thursday.

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Housing Wire

FEBRUARY 6, 2023

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. points paid, Ben Graboske, president of Black Knight Data & Analytics, said.

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Inventory Mortgage New Listings Home Value 383

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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Housing Wire

JULY 13, 2021

An improving supply situation may also be making a difference, with new listings up 4% year over year — meaning more properties are hitting the market for buyers to bid on. In 2018-2019, total housing inventory was in the range between 1.52 million and 1.92 million to 5.61

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Inventory Housing Market Real Estate Agent Buyers 497

Housing Wire

AUGUST 3, 2022

We saw this in 2013-2014 and 2018-2019. In 2018, sales trends fell from 5.72 We see some of this in the active listing data as new listings are declining. Lower rates may pull some of these listings forward as people feel more comfortable with rates down; time will tell. NAR total inventory data.

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Mortgage Inventory Sellers Housing Market 501

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

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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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. Rising rates make more inventory. So how much inventory will we add this fall?

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Housing Wire

APRIL 22, 2024

The goal of this type of letter is to promote a new listing in the neighborhood, to position yourself as the expert by providing information about the listing, and to find more business. Many of us are in sellers’ markets with very low inventory. Inventory is extremely low, and the competition is fierce.

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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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Sellers Inventory Housing Market New Listings 501

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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Housing Market Marketing Inventory Investors 462

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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Mortgage Inventory Contracts Sellers 454

Housing Wire

JULY 24, 2023

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. If a year is a market slowdown, like 2022 or 2018, inventory might not peak until September or October. Our estimation is that inventory could peak as early as next week.

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Inventory Contracts New Listings Buyers 370

Housing Wire

JULY 20, 2021

New listings are also up 4% year over year, meaning more properties are hitting the housing market for buyers to bid on. In 2018-2019, total housing market inventory was in the range between 1.52 million, and that level of inventory helped to drive real home-price growth in 2019 into negative territory briefly.

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Housing Market Marketing Inventory Construction 497

Housing Wire

JULY 17, 2023

By October 2022, it looked like 2023 would have rising inventory and falling home prices. Inventory has fallen all year. The peak of inventory for 2023 so far was the week of the New Year — that is insane. We could see inventory from distressed sellers emerge in 2025. I grew pretty bearish again. is $450,000.

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Real Estate Marketing Inventory Contracts 369

Housing Wire

MARCH 16, 2021

A Homesnap report said total new listings increased only.22% annual increase was the strongest since October 2018, meaning that while homes are being snatched up, building material inventory, including lumber, will remain low and expensive. – thus, increasing inventory and driving overall prices down.

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Supply Chain Inventory Buyers Housing Market 546

Housing Wire

AUGUST 1, 2023

The median price of the new listings this week is $399,900. As the summer progresses, each subsequent week of new listings gets priced at a slight discount to the previous weeks. Inventory As a result, the seasonal inventory build is slow and on a normal cycle. Home prices declined subsequently.

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Empire Appraisal Group

JANUARY 4, 2023

The start of the year, of course, is when homeowners and real estate agents start to bring new inventory to market. As the thinking goes, buyers and sellers often want to get their transactions closed by summer, especially if they have children starting at new schools in September. It would take just 3.3

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Inventory Open Houses Sellers Real Estate 78

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. Something else to watch is housing inventory.

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Listing Spark

JANUARY 12, 2023

2022 Market Trends: Decrease in sales, values, and new listings in Austin, TX; median home value up 9.9% New Construction: Slowing down due to an increase in inventory and a declining market; builders targeting first-time home buyers. ” [0:19:31] Builders Offer Incentives to Move Inventory in Slump Market.

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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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Marketing Housing Market Real Estate Buyers 78

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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Marketing Housing Market Real Estate Buyers 78

Will Springer Realtor

MARCH 10, 2023

“The number of homeowners deciding to sell continues to lag, but inventory and time on market continue to [mostly] climb, reflecting still-hesitant buyers.” Mari is developed by Bellevue-based Create World, the same company that built Mira Flats , a six-story condo that opened in 2018 next to the Mari site.

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Construction Modernization Buyers Inspection 36

Will Springer Realtor

NOVEMBER 14, 2023

Worsening affordability issues and lower-than-usual inventory have prompted many consumers to watch this housing market from the sidelines – without the picket lines. New listings for all home types in King County stood at 2157, a whopping 25% drop from September to October. Single-family inventory narrowed to 1.7

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Inventory Buyers Sellers New Listings 36

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. 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. Buyers and sellers tiptoed through caution.

Real Estate 68

Real Estate Buyers Sellers Inventory 68

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. The general softening of prices comes despite tight inventory, even when factoring out canceled and expired listings that typically take place in November and December.

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Housing Market Marketing Inventory Real Estate 36

Will Springer Realtor

APRIL 8, 2021

To help increase affordable housing inventory, lawmakers are reviewing whether to remove requirements that homeowners must live on-site. The image was taken from a drone above The Parc, a condo in Belltown, where I am promoting one of my new listings. month (or 18 days of inventory), down from 0.9 STATE CAPITAL UPDATE.

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Inventory New Listings HOA Buyers 36

Will Springer Realtor

OCTOBER 8, 2021

New listings are up 6.3% Condo sales are in a similar boat, with new listings higher – by 4.3% across King and up 17% in Seattle and the Eastside – while active listings are falling 3.3% Inventories improved fractionally. months of inventory across all homes in King County, up from 0.6 1 vs. Sept.

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Real Estate Buyers Inventory Housing Market 36

Will Springer Realtor

AUGUST 9, 2022

An independent estimate from 2018 claims roughly 40% of the nation is in a flood-risk area. The market recalibration continues across King County with a sharp drop in new listings, Pending sales and closings while prices decline. Inventories are on the rise, so much so that one area is now considered a buyer’s market.

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Inventory Buyers New Listings Construction 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. Active listings as of Sept. A drying up of listings sent inventory figures lower.

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Construction Inventory Buyers Real Estate 36

Will Springer Realtor

FEBRUARY 9, 2022

People are looking at higher prices, there’s slim pickings in inventory and now we have higher mortgage rates.”. Inventory remains a big concern. months of single-family-home inventory in King County and on the Eastside, and 0.5 months (6 days) of single-family inventory. months (6 days) of single-family inventory.

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Buyers Law Inventory Development 36

Will Springer Realtor

MAY 12, 2021

That’s 52% higher than 2018, when Freddie first began looking at housing shortages. >> The lack of inventory to keep real estate moving is confirmed with the latest data on U.S. The excess of inventory that occurred in 2007, 2008 and ’09, was an anomaly,” said Marci Rossell, former chief economist for CNBC. month from 0.6,

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Real Estate Inventory Buyers Construction 36

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. months’ inventory (or 17 days of supply if not replenished with new listings), and only 0.4 million for sale today. in the last month.

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Housing Market Marketing Inventory New Listings 36