Housing Wire

MARCH 22, 2024

According to data from Altos Research as of March 15, the 90-day average number of single-family active listings in the Naples-Marco Island metro area was 2,362, up from 1,605 one year earlier but down from the 3,760 listings recorded in late March 2019 prior to the COVID-19 pandemic. In comparison, the average U.S.

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Insurance Inventory Marketing Real Estate 395

Housing Wire

NOVEMBER 20, 2023

It looks like this is evidence that housing markets are returning to normal rather than a case of sellers panicking, but it’s worth keeping an eye on. After all, more sellers means more sales in 2024. more homes for sale than last week and 36% lower housing inventory than in 2019. Short on time as you prepare for Thanksgiving?

Inventory 424

Inventory New Listings Housing Market Sellers 424

Housing Wire

FEBRUARY 20, 2024

Even as money is more expensive and there are more sellers than a year ago, we can also see slight home sales growth over 2023. New listings rise New listings continue to show us that more sellers are interested in this market this year. Is new supply growing out of balance with demand?

Mortgage 495

Mortgage Inventory Sellers New Listings 495

Housing Wire

MARCH 11, 2024

The suspicion was that there were a bunch of sellers who were waiting to sell: Once rates fell these sellers would come rushing back to this real estate market and we’d finally see inventory grow. Second, because people think of home sellers as being locked-in by high interest rates. That’s 15% growth over the pace of 2023.

Inventory 502

Inventory New Listings Sellers Real Estate 502

Housing Wire

FEBRUARY 5, 2024

There are more buyers than sellers. We have slightly more sellers now than we did a year ago and inventory is now 8.8% More sellers this week than last week Each week, just a few more home sellers are testing this market. There were 7% more new sellers this week than the same week a year ago.

Mortgage 425

Mortgage Inventory Sellers New Listings 425

Housing Wire

MARCH 18, 2024

While inventory is growing across the country, some markets are way more impacted and already have more homes on the market than in 2019 or 2020 just before the pandemic. New listings Last week, 59,000 new single-family listings came to market. The median price of all the homes in contract right now is $389,000.

Inventory 415

Inventory New Listings Sellers Contracts 415

Lamacchia Realty

JANUARY 27, 2023

The 2022 Connecticut Year in Review Housing Report breaks down sales, new listings, new pending sales, active inventory, and average price compared to the 2021 market and analyzes what the data means for the current housing market and beyond. sellers and buyers) began to restore itself. Sales Down 18.8%

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Inventory Sellers Buyers Real Estate 52

Birmingham Appraisal

JUNE 28, 2022

The first is that sales could be slowing down while new listings continue to enter the market. The net effect would be an increase in the listing count. The second reason could be that sales are continuing at a normal rate and there is an abnormal spike in new listings. The trend ins Shelby county is similar.

Real Estate 52

Real Estate Marketing Inventory Sellers 52

Housing Wire

AUGUST 21, 2023

Inventory often peaks the last week of August, the fall has fewer sellers and it keeps shrinking through the holidays. There are 365,000 single-family homes in contract now. New pending sales of single-family homes going into contract this week came in at 63,000 vs 70,000 last year. That gap narrowed to just 10% fewer.

Inventory 370

Inventory Contracts Buyers Sellers 370

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. The median price of the homes in contract is $385,000. There are now 376,000 single-family homes in contract.

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Inventory Contracts Buyers Mortgage 363

Housing Wire

JULY 24, 2023

Pending Sales There are now 378,000 single-family homes in contract. There were 68,000 new contracts for single-family homes this week. In the chart below, the light portion of each bar represents the new contracts each week. But, there were another 15,000 condos and townhomes that went into contract this week.

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Inventory Contracts New Listings Buyers 322

Housing Wire

JULY 17, 2023

Sellers have not materialized, and buyers have been buying everything that becomes available. The peak of inventory for 2023 so far was the week of the New Year — that is insane. The median price of the homes in contract is higher than last year and the new sales each week are up a few percent over last year. is $450,000.

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Real Estate Marketing Inventory Contracts 320

Housing Wire

JANUARY 29, 2021

However, contract signings rose 21.4% from December 2019, with all regions (Northeast, Midwest, South, West) reaching double-digit year-over-year increases. Realtor.com’s Housing Market Recovery Index showed significant contract growth, specifically in Portland, Las Vegas, Denver, Los Angeles, and Boston.

Contracts 529

Contracts Real Estate Housing Market Technology 529

Will Springer Realtor

AUGUST 15, 2023

Ah, for the good old days of 2019 – when we could stomach home prices closer to the mid-million-dollar mark and housing options were somewhat plentiful amid a mildly competitive buyer environment. King County new listings fell 13% from June to July (2158), led by a 20% slide in Seattle (690). drop (542). softer on the Eastside.

Sellers 60

Sellers Buyers New Listings Inventory 60

Listing Spark

SEPTEMBER 25, 2023

From late summer of 2022 to now, the Texas real estate market has experienced one of the most unpredictable corrections in recent history, leaving a lot of home-buyers and sellers scratching their heads and trying to make sense of what is going on. Now, if you’re a home seller in Austin, patience is the name of the game.

Real Estate 69

Real Estate Sellers New Listings Inventory 69

Lamacchia Realty

JANUARY 25, 2024

This report breaks down state-wide sales (previous years mostly covered Southern NH and the Lakes Region ), average prices, the number of active listings, and how many listings went under contract for 2023 compared to 2022, and discusses what is predicted to unfold in 2024. Sales in New Hampshire declined by 18.9%

Inventory 52

Inventory Sellers Buyers Contracts 52

Will Springer Realtor

APRIL 9, 2024

It was particularly true on the Eastside, where sales surged 52% from February to March and 9% year-on-year (YoY) and inventory narrowed to under a month (29 days) before all homes for sale would theoretically be under contract if no others hit the market. However, we are missing the typical boost of sellers. in Snohomish, 4.6%

Marketing 60

Marketing Inventory Buyers Sellers 60

Lamacchia Realty

JANUARY 30, 2024

The 2023 South Florida real estate market, like national trends, saw a decrease in sales, an increase in prices, and a decrease in the number of homes listed and placed under contract. The number of homes listed decreased by 10% The number of homes placed under contract decreased by 14.1%

HOA 49

HOA Inventory Buyers Contracts 49

Lamacchia Realty

OCTOBER 26, 2021

2019 will be examined in some areas to highlight the lingering impact of COVID in real estate. 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. Homes Listed For Sale: There were 6.8% fewer listings this year compared to last September 2020.

Inventory 67

Inventory Buyers Sellers Landlords 67

Will Springer Realtor

MAY 13, 2024

SETTLEMENT FOLLOW-UP A judge has preliminarily approved the $418M antitrust class-action settlement involving sellers’ compensation to brokers/agents in residential real estate sales. News of the settlement and its impact topped last month’s newsletter. Details still need to be ironed out, but U.S.

HOA 36

HOA Transportation Construction Buyers 36

Lamacchia Realty

JANUARY 28, 2022

2019–2021 Home Sales by Month. If you scroll down to the Listings portion of this report, you’ll see that there was a dip right around the same time. Classic case of low supply (diminished listings) and high demand (increase in sales) causing prices to be driven up. Sold Homes 2019 – 2021 by County. Seller Resources.

Buyers 45

Buyers Contracts Inventory Real Estate 45

Will Springer Realtor

SEPTEMBER 12, 2023

The market is spooking many potential buyers and sellers thanks to stubbornly high mortgage interest rates. Only buyers and sellers who must move are doing so. fewer new listings, the rate of sales rose 1.7% fewer new listings (1998) compared to July and 5.0% times more than at the end of 2019.

Finance 68

Finance Inventory Construction Buyers 68

Will Springer Realtor

MARCH 14, 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. Sellers who priced their homes appropriately enjoyed busy open houses in their first weekend on the market followed by multiple offers.

Marketing 36

Marketing Buyers Inventory Sellers 36

Will Springer Realtor

JUNE 13, 2023

Yes, there are few buyers in an inflation-heavy economy with high interest rates, but for home prices to go down there needs to be fewer buyers than sellers – and that is just not within the realm of possibility today. Interestingly, a higher proportion of home sales are now coming from new construction. drop in King, down 6.4%

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Buyers Inventory Construction Finance 36

Will Springer Realtor

JULY 11, 2023

The county saw the combined number of single-family, townhome and condo listings increase in June by 4.4% While that percentage may appear strong, it’s nothing compared to the April-to-May rise of 18%, signaling a probable cooling of new listings in the future. New single-family-home listings rose 3.8%

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Housing Market Buyers Inventory Real Estate 36

Will Springer Realtor

JULY 13, 2023

urban centers remain mostly higher than in 2019. The national office vacancy rate stands at 16% through March , up from 11% at the end of 2019 – just before life changed for you, me and the world. The county saw the combined number of single-family, townhome and condo listings increase in June by 4.4% List: $2.7M ($1484/sq.

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Construction Supply Chain Real Estate Development 36

Will Springer Realtor

FEBRUARY 14, 2023

Pending Sales – Another leading indicator, these are the homes that go under contract and typically complete the transaction within two months. The number of Pending sales soared 51% since December for all home types in King County to 1820 listings under contract, including a 69% boost on the Eastside (480) and a 47% jump in Seattle (610).

Housing Market 36

Housing Market Marketing Inventory Buyers 36

Will Springer Realtor

OCTOBER 8, 2021

To be sure, the market is still leaning heavily in the sellers’ favor and listings are slimmer than a strand of spaghetti. New listings are up 6.3% Condo sales are in a similar boat, with new listings higher – by 4.3% It is home to the highest-priced condo sale in Seattle history, $12M (2019).

Real Estate 36

Real Estate Buyers Inventory Housing Market 36

Will Springer Realtor

MAY 9, 2022

Between 2011 and 2019, the median household income in our area increased by about 34% but housing prices jumped 78%. Microsoft has committed $750M since 2019 to help support the creation of more affordable homes in Seattle metro. What may be truly impressive are the sellers, now empty-nesters after raising eight children in this home!)

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Architecture Design Buyers Construction 36

Will Springer Realtor

JULY 8, 2022

The King County housing market has seen inventory increase by 55% in the past month, while the number of homes going under contract fell 22% from May to the lowest June level since 2011. While the number of new listings in June jumped 8.2% The fresh data show a clear slowing of the housing market. since May and down 22% YoY.

Housing Market 36

Housing Market Marketing Inventory HOA 36

Will Springer Realtor

SEPTEMBER 8, 2021

It’s particularly true among homes priced at or below $500,000 in King County, where only 737 of those properties sold in August (36% fewer than in August 2019). The good news comes from major national builders who have shared their forecasts for growth in the coming years. Active listings as of Sept. in the last 12 months.

Construction 36

Construction Inventory Buyers Real Estate 36

Will Springer Realtor

FEBRUARY 9, 2022

HB 1951 would remove “Don’t Know” from the Seller Disclosure Statement that owners complete with the sale of a home. The survey also said that among sellers in the 12 months ending mid-2021, 46% went on to purchase a larger home. >> The U.S. rental-vacancy rate dropped to 5.8% After hitting a low of 4.6% from the end of 2020. >>

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Buyers Law Inventory Development 36

Will Springer Realtor

MAY 12, 2021

The narrow area known as Westlake, just west of Lake Union (and, notably, close to Facebook, Google and Amazon offices), has seen the number of people aged 25-34 double from 2010 to 2019 and now comprise 52% of its residents. Listed at $1,995,000 ($725/sq. Sellers typically ask for back-up buyers. There is so much to love.

Real Estate 36

Real Estate Inventory Buyers Construction 36

Will Springer Realtor

JUNE 9, 2021

Even if a household faced the prospect of foreclosure, buyers would be happy to take the home off an owner’s hands – likely at a profit for sellers – while providing needed inventory. One-tenth surveyed said they have added language to contracts that require buyers to share in the materials costs if they continue to rise.

Housing Market 36

Housing Market Marketing Inventory New Listings 36

Will Springer Realtor

JUNE 8, 2022

The pandemic has made attaining ownership more difficult, particularly in housing-starved Seattle (pictured) and across King County where the number of homes on the market (Active listings) has trended lower for most of the past decade-plus. With scarcity comes price appreciation. What is the answer? What happens then? months, Pierce at 0.8

Design 36

Design Construction Development Property Taxes 36

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. increase in single-family permits over 2019. >> It is truly the epitome of a sellers’ market and experts I hear from are saying, basically, get used to it. THE ROI OF HOME RENOVATION. >> A whopping 3.8

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Buyers Development Transportation Inventory 36