Cleveland Appraisal Blog

JANUARY 5, 2023

In November 2019 the percentage was around 20% and in November 2017 and 2018, it was around 17%. Due to active listings being at historic lows, the increasing housing inventory is more reflective of fewer homes being sold rather than new listings. Like any year, there will be some good news and some bad news.

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Housing Market Marketing Appraisal Inventory 369

Will Springer Realtor

JANUARY 10, 2023

The article will include the latest monthly data from the Northwest Multiple Listing Service, analysis from national and local experts and a glimpse ahead at what to expect in the coming weeks. Will Springer, Realtor®. publishers of The Wall Street Journal, where he was an assistant managing editor of WSJ.com in New York.

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Housing Market Marketing Inventory Real Estate 36

Will Springer Realtor

NOVEMBER 14, 2023

Sales activity across the county is at historic lows; no October has experienced fewer listings in King County – not even close – since at least 1992 when records were first archived online. New listings for all home types in King County stood at 2157, a whopping 25% drop from September to October. Closed sales fell 0.9%

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Inventory Buyers Sellers New Listings 36

Will Springer Realtor

APRIL 8, 2021

home was $313,000 through February, a sharp 16% higher from a year ago, according to the National Association of Realtors® (NAR). The image was taken from a drone above The Parc, a condo in Belltown, where I am promoting one of my new listings. The median down payment represents 7.7% from the previous quarter.

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Inventory New Listings HOA Buyers 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.

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Real Estate Buyers Sellers Inventory 68

Will Springer Realtor

AUGUST 9, 2022

Lawrence Yun, chief economist at the National Association of Realtors® said in late July: “There are indications that mortgage rates may be topping or very close to a cyclical high.” An independent estimate from 2018 claims roughly 40% of the nation is in a flood-risk area. year-on-year (YoY). Will prices continue to fall?

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Inventory Buyers New Listings Construction 36

Will Springer Realtor

FEBRUARY 9, 2022

The House version, HB 1782 , is backed by developer and Realtor® lobbyists, Habitat for Humanity and environmental groups, according to The Seattle Times. That includes 7% down from first-time buyers and 17% on average by repeat buyers, according to data from the National Association of Realtors® (NAR). home buyers. It’s a 3-bed, 2.75-bath

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Buyers Law Inventory Development 36

Will Springer Realtor

SEPTEMBER 8, 2021

median figure is $320/month. >> Recent data from the National Association of Realtors® show buyers put down an average 12% of the purchase price on a home. Just when signs were looking up for an increase in new listings and more inventory, the tap was moved back to near shut. Active listings as of Sept.

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Construction Inventory Buyers Real Estate 36

Will Springer Realtor

MAY 12, 2021

That’s 52% higher than 2018, when Freddie first began looking at housing shortages. They have declined for two consecutive months, according to the National Association of Realtors®. But, in speaking to a political-affairs lobbyist for Washington Realtors®, the bill became “watered down.” housing market needs 3.8

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Real Estate Inventory Buyers Construction 36

Will Springer Realtor

JUNE 9, 2021

>> The National Association of Realtors® revised its economic forecasts for 2021 – and things are looking up. Among other revised national forecasts from NAR: New-home sales will rise 20%. The average King County single-family listing sold in May 9.5% That leaves about 2.1 Assistance is available in King County.). >>

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Housing Market Marketing Inventory New Listings 36

Will Springer Realtor

AUGUST 9, 2021

“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. million home sales. This 5-bed, 4.25-bath

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Construction Inventory Property Taxes Development 36

Will Springer Realtor

JUNE 8, 2022

UNMARRIED AND BUYING TOGETHER For the third consecutive year, a report from the National Association of Realtors® (NAR) noted an increase in unmarried couples purchasing a home. The number of mortgage applications, a leading housing indicator, is at its lowest levels nationally since late 2018. month to month (436) and 6.1%

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Will Springer Realtor

JULY 9, 2021

“We envision a country where no matter where you live, or who you are, you can enjoy living in a place that is healthy, prosperous and resilient,” Calvin Gladney, CEO of Smart Growth America, told a group of Realtors® in D.C. On to new listings, and we start far away. home with dramatic Northwest views for $5.25M ($2018/sq.

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Buyers Development Transportation Inventory 36