Housing Wire

JANUARY 5, 2023

Price growth was unhealthy in 2021, and it was savagely unhealthy in the first few months of 2022. In 2021, my bond forecast range was 0.62%-1.94%, and we reached a high of around 1.76% that year. However, weeks after that call, the new listing data started to decline noticeably, which makes that call much harder to happen in 2023.

Housing Market 539

Housing Market Marketing Inventory New Listings 539

Housing Wire

JUNE 16, 2021

Another month of steadily increasing home prices and insatiable demand led Fannie Mae ‘s Economic and Strategic Research Group to alter many of its 2021 predictions – in particular, its outlook on the symbiotic relationship between the housing market and inflation measures. Existing home sales pulled back in April by 2.7%

Housing Market 508

Housing Market Development New Listings Marketing 508

Housing Wire

JULY 20, 2021

This has dampened new home sales and quickened home-price growth.” ” Mark Palim, deputy chief economist at Fannie Mae , said anecdotal reports of builders delaying or turning down orders to clear a growing construction backlog appears to be borne out by the recent housing starts data. percent,” Palim said Tuesday.

Housing Market 511

Housing Market Marketing Inventory Construction 511

Housing Wire

JULY 25, 2022

Homes listed for sale are increasingly seeing asking-price reductions, and both construction and home sales — both existing and new — are slowing.”. in 2021, Freddie Mac reports. trillion in 2021,” the agency’s quarterly forecast states. Supply chain disruptions and cost inflation moderated somewhat for new homes.

Housing Market 418

Housing Market Marketing Supply Chain Real Estate 418

Housing Wire

FEBRUARY 25, 2021

And even with another month-to-month drop, pending home sales were 13% higher in January 2021 than they were in January 2020. There will also be a natural seasonal upswing in inventory in spring and summer after few new listings during the winter months,” Yun said. million in 2021, which would be a 15% increase over the 5.64

Supply Chain 405

Supply Chain Inventory Housing Market Contracts 405

Listing Spark

DECEMBER 23, 2020

Median Sales Price: $270,000 (up 12%) Closed Sales: 9,660 (up 28.1%) Active Listings: 29,948 (down 27% from this time last year) 2.2 The Fed just announced they are not raising rates so we should continue to see favorable interest rates in to 2021. Here is a list of some of the companies moving to Texas. San Antonio.

Real Estate 36

Real Estate Marketing Inventory Modernization 36

Housing Wire

JUNE 21, 2021

“I never know how my day is going to go, because when a new listing comes on the market in Knoxville, the race is on. ” On the construction side, builders throughout the country are struggling to keep up with demand, as lumber and building material prices remain high. It’s like a horse race.

Housing Market 459

Housing Market Marketing Realtors Inventory 459

Housing Wire

NOVEMBER 28, 2022

The downturn in the LEI reflects consumers’ worsening outlook amid high inflation and rising interest rates, as well as declining prospects for housing construction and manufacturing. In addition, we have a lot of two-unit construction built, which will bring more supply online. NAR total inventory data: 1,220,000 listings.

Transportation 532

Transportation Construction Housing Market Mortgage 532

Lamacchia Realty

JANUARY 24, 2022

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for December 2021 compared to December 2020. April 8, 2021. April 8, 2021. Broward County.

New Listings 49

New Listings Inventory Buyers Realty 49

Listing Spark

SEPTEMBER 25, 2023

Fewer New Listings The number of new listings hitting the markets has continued to fall, mainly because a substantial segment of the market that was both buying and selling has essentially disappeared. The Rise of New Construction Homes New construction is stepping up to fill the void in the market.

Real Estate 69

Real Estate Sellers New Listings Inventory 69

Raleigh Realty

JULY 12, 2022

for overall real estate prospects Houses spend less than half the amount of time on the market than in 2021 Houses sell for almost $5,000 less than the national median price Over half of Raleigh residents own their home Raleigh Real Estate Demand Raleigh real estate trends show an increase in demand for housing in The Triangle.

Real Estate 78

Real Estate Supply Chain Construction Home Value 78

Housing Wire

SEPTEMBER 12, 2023

So, the author tried to use new construction prices from back in April to describe the whole U.S. There are 348,000 single-family homes in contract right now, with only 54,000 new contracts pending in the last week. It was a holiday week, so it’s always slower, but this year was 14% fewer new sales than Labor Day week last year.

Contracts 413

Contracts Inventory Housing Market Buyers 413

Listing Spark

JANUARY 12, 2023

Sales were down 25% in Austin, Texas compared to 2021, and values are likely to continue decreasing in 2023. 2022 Market Trends: Decrease in sales, values, and new listings in Austin, TX; median home value up 9.9% In Austin, Texas, sales were down 25% in 2022 compared to 2021. Episode Overview. Episode Highlights.

Real Estate 36

Real Estate Marketing Home Value Inventory 36

Will Springer Realtor

SEPTEMBER 8, 2021

The company forecasts an 8% YoY increase in new communities for 2021 across the U.S. Others – Meritage Homes (+20% YoY in 2021) and Tri Point Homes (+15-30% YoY in 2022) – expect tremendous growth of new communities. And many of the new projects are larger than in years past. Active listings as of Sept.

Construction 36

Construction Inventory Buyers Real Estate 36

Lamacchia Realty

MARCH 29, 2022

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for February 2022 compared to February 2021. April 8, 2021. April 8, 2021. What's Ahead?

New Listings 52

New Listings Inventory Realty Buyers 52

Listing Spark

MARCH 9, 2023

This comes largely as a result of a steeper run up in prices in 2021. Compared to 2021’s extremely low months supply of inventory of 0.6 2021 was a meteoric run up in home values, market activity, and consumer confidence. Compared to 2021’s extremely low months supply of inventory of 0.6 Months in 2021 to 2.6

Real Estate 36

Real Estate Marketing Inventory Sellers 36

Lamacchia Realty

FEBRUARY 25, 2022

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for January 2022 compared to January 2021. Broward County. Miami-Dade & Palm Beach Counties. What's Ahead?

New Listings 41

New Listings Inventory Realty Buyers 41

Housing Wire

JANUARY 20, 2021

fell to a four-month low in January as builders expressed concerns about higher house prices, COVID-related supply chain issues and construction costs. How to gain more listing visibility in a shifting housing market. Homebuilder confidence in the U.S. The gauge charting traffic of prospective buyers decreased five points to 68.

Supply Chain 457

Supply Chain Inventory Housing Market Real Estate 457

Will Springer Realtor

AUGUST 15, 2023

The season has been shaped by slumping new listings, a slowly climbing number of homes sitting on the market from previous months, fewer closed sales compared to last year and prices moving plus/minus five percentage points year-on-year (YoY). monthly decline in available Seattle listings (793). The county saw a 4.9%

Sellers 59

Sellers Buyers New Listings Inventory 59

Will Springer Realtor

SEPTEMBER 12, 2023

fewer new listings, the rate of sales rose 1.7% Two data points stood out from the latest report by the Northwest Multiple Listing Service: The aforementioned new listings for all homes in the county – 2684 – is at a low not seen for an August since records were shared with brokers (like me) dating back to the mid-1990s.

Finance 67

Finance Inventory Construction Buyers 67

Berkshire Hathaway

MAY 5, 2021

Relative to what we saw in 2017 to 2019, March 2021 was still roughly 117,000 new listings lower, adding to the pre-existing early-year gap of more than 200,000 fresh listings that would typically have come to market in January or February.

Housing Market 41

Housing Market Marketing Sellers Buyers 41

Will Springer Realtor

JULY 13, 2023

Our urban area accounts for about half of the city’s economic activity, and the Seattle Chamber noted that rising office vacancies coupled with less construction could lead to $2B in decreased revenue. We certainly see that in all forms of residential real estate – from new construction to finding items for the home.

Construction 36

Construction Supply Chain Real Estate Development 36

Listing Spark

FEBRUARY 7, 2024

trillion in 2021. 5) New construction in Texas surged in 2023 Three major Texas metro areas made the top 10 list of highest new home construction rates in the nation. We will see an increase in foreclosure and short sales but only for the segment of homeowners that purchased between 2021 and 2022.

Real Estate 36

Real Estate Sellers Home Value Inventory 36

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 bar is so low on listings and sales data that one might trip over it. That is the lowest annual figure since 2012 (27,601), according to MLS data.

Housing Market 36

Housing Market Marketing Inventory Real Estate 36

Will Springer Realtor

MAY 9, 2023

Whether it was cutting red tape and construction costs or ensuring our cities allow more affordable options near transit and jobs, these bills, working together, mean more homes, at more affordable prices, in communities all across our state.” The home was constructed for olive-oil importer John Vittucci. This 5-bed, 4-bath , 6500 sq.

Real Estate 36

Real Estate Modernization Construction Supply Chain 36

Will Springer Realtor

JANUARY 11, 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 construction crane was recently removed from the 8 th Avenue and Columbia Street location and interiors are being filled out with high-quality finishes.

Housing Market 36

Housing Market Architecture Contracts Buyers 36

Will Springer Realtor

JUNE 13, 2023

Today’s YoY declines underscore just how far the market has shifted from 2021 and 2022. Supply of resale housing (as opposed to new construction) is shrinking across our region. Interestingly, a higher proportion of home sales are now coming from new construction. In March, 33% of homes listed for sale in the U.S.

Buyers 36

Buyers Inventory Construction Finance 36

Will Springer Realtor

DECEMBER 11, 2022

This year’s “cold down” is stark, with 36% fewer new listings and about 26% fewer homes under contract (Pendings) for all King County home types combined as well as single-family structures alone – and that’s simply from October to November. Eastside prices are now running in negative territory year-on-year (YoY), including down 7.8%

Inventory 36

Inventory Construction Supply Chain Buyers 36

Will Springer Realtor

APRIL 11, 2023

Existing-home sales, pending contracts and new-home construction pending contracts have turned the corner and climbed for the past three months.”  Pending sales are one of our favorite housing market data points – along with the number of mortgage applications and new listings – to track buyer intent and market intensity.

Housing Market 36

Housing Market Marketing Buyers Sellers 36

Will Springer Realtor

OCTOBER 11, 2023

Suburban residents can be almost assured of the peaceful enjoyment of their home without worrying about a neighbor constructing a rollercoaster or baseball stadium next door. >> A full 19,396 apartment units are under construction in Seattle metro, according to a Q2 report from Berkadia, a U.S. . = Zoning laws in the U.S.

Law 36

Law Development Design Government 36

Will Springer Realtor

MAY 9, 2022

just as Google opens another office building in Kirkland and Microsoft expands its 120-structure Redmond campus with plans for 17 new office buildings. All this tech construction gives new meaning to IT architecture! “A BY THE NUMBERS. >> The average size of a newly constructed single-family home is now 2524 sq.

Architecture 36

Architecture Design Buyers Construction 36

Will Springer Realtor

OCTOBER 8, 2021

This newsletter started 2021 raving about the explosive growth across the Eastside and there is no sign of a letup. Construction could start as soon as 2022 on an ambitious three-tower project known as Cloudvue. New listings are up 6.3% Condo sales are in a similar boat, with new listings higher – by 4.3%

Real Estate 36

Real Estate Buyers Inventory Housing Market 36

Will Springer Realtor

APRIL 8, 2021

. >> Counting both the demand for single-family and multi-family housing needed to meet current needs (plus factoring in demolished or lost housing), NAR projects we have a backlog in construction of 3.2 million new homes as of the start of this year. Month-to-month or 2021 vs. 2019 comparisons are the best options.).

Inventory 36

Inventory New Listings HOA Buyers 36

Will Springer Realtor

AUGUST 9, 2022

That’s the conclusion of a 2021 report from the Research Institute for Housing America, which signaled added “stress” on housing and housing finance industries in determining risk. in Q1 of 2021 and is the highest rate of home flipping in the 21 st century. CONDO NEWS. of all U.S. That’s up from 4.9% AUGUST HOUSING UPDATE.

Inventory 36

Inventory Buyers New Listings Construction 36

Will Springer Realtor

OCTOBER 11, 2022

Counties in and near Chicago and New York City were seen as the most vulnerable to today’s economic headwinds. New listings and housing supply are on the rise as buyer activity took a dive in September, based on the latest assessment of data from the Northwest Multiple Listing Service. List: $2.9M ($853/sq.

Housing Market 36

Housing Market Marketing Buyers Real Estate 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. New home builders will benefit from a greater share of the overall sales market.

Real Estate 68

Real Estate Buyers Sellers Inventory 68

Housing Wire

MARCH 16, 2021

MBA’s homebuilder application survey showed new, single-family home sales running at a seasonally adjusted annual rate of 748,000 units in February 2021 – down 17.3% Total, MBA estimated that there were 65,000 new home sales in February 2021, down from 69,000 new home sales in January.

Inventory 314

Inventory New Listings Mortgage Buyers 314