Housing Wire

SEPTEMBER 30, 2020

” Kanacki’s market, like many others, remains competitive as buyers continue to experience bidding wars amid historically low housing inventory and an uptick in home prices. “I 20, the National Association of Realtors said that contract signings were up 23% year over year. Over the last four weeks ending on Sept.

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Real Estate Agent Real Estate Agents Realtors 546

Housing Wire

FEBRUARY 12, 2024

Each week — for several months now — inventory levels of unsold homes on the market has been expanding compared to last year. New listings each week, which were record few last year, are growing now. New listings each week, which were record few last year, are growing now. They essentially bypass the active market.

Sellers 431

Sellers Housing Market Buyers New Listings 431

Housing Wire

MAY 22, 2024

One difference between 2023 and 2024 is that this year the pending contract data shows small but steady year-over-year sales growth. I love that new listings data is growing yearly, but it’s been too light for me. Our weekly tracking data is months ahead of the existing home sales report, so we always give readers a heads-up.

Inventory 423

Inventory New Listings Housing Market Contracts 423

Birmingham Appraisal

JUNE 28, 2022

Has There Been a Shift In The Real Estate Market? From all indications, there has been a definite shift in the real estate market. The recent increase in interest rates has injected another variable into the market that participants are reacting to. The net effect would be an increase in the listing count.

Real Estate 52

Real Estate Marketing Inventory Sellers 52

Hank Miller Team

APRIL 6, 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 charts below focus on key indicators; number of listings, number of sales, days on market and sale to list ratio. Low but it was running around 5 days in mid-2021.

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Inventory Contracts Buyers Sellers 94

GoForrmz

OCTOBER 26, 2022

Get ahead with real estate automation The real estate market has seen a lot of unusual trends in the past couple years, and it’s no surprise things have been pretty weird. In 2021 , we saw houses receive multiple offers and sell for thousands of dollars over asking price within hours. No printing, scanning, or faxing needed.

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Real Estate Contracts Clients Real Estate Agent 78

Listing Spark

MARCH 9, 2023

Episode Summary Aaron Jistel gives an update on the Texas Real Estate Market in Q1 2023 and recaps the 2022 market noting that it had been affected by a sudden increase in mortgage rates, with sales and home values declining. ” [00:05:56] 2022 Real Estate Market in Austin, Texas In 2022, transaction numbers were down 19.1%

Real Estate 28

Real Estate Marketing Sellers Home Value 28

Eppraisal

OCTOBER 2, 2021

Whether you're buying a home or selling a home, today's real estate market is hot. There are key skills you should look for in your listing agent or selling agent. The real estate markets in 2020 and so far in 2021 have been like no other. Time on the market in August 2021 was down 12 days from last year.

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Agents Real Estate Agent Marketing Real Estate 36

Housing Wire

SEPTEMBER 26, 2023

This is a demand-driven slowdown, because new listings supply is still running 9% to 10% fewer homes for sale each week than this time last year. We’re seeing fewer new sellers each week, but inventory is building as homebuyers wait to see if mortgage rates will come down to make purchases more affordable. from last week.

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Inventory Contracts New Listings Mortgage 491

Housing Wire

JUNE 21, 2021

Many are eyeing scenic East Tennessee, where Knoxville and its surrounding suburbs have formed one the country’s hottest housing markets. Currently on Realtor.com , more than 2,000 homes are currently on the market in Knoxville with an average listing price of $270,000. Generally, they go under contract in a day or two.”

Housing Market 432

Housing Market Marketing Realtors Inventory 432

Housing Wire

NOVEMBER 5, 2021

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. Aspen, Colorado. Of those 12 homes purchased, 10 cost at least $5 million.

Housing Market 450

Housing Market Marketing Real Estate Agent Contracts 450

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. Sales Down 18.8% and Prices Up by 5.9% higher year over year.

Inventory 49

Inventory Sellers Buyers Real Estate 49

Housing Wire

AUGUST 7, 2023

The surprisingly strong economy has the markets assuming the Fed will keep rates higher for longer, therefore, mortgage rates follow suit. Then, Altos will be on watch to see if another boost in mortgage rates — like last September — derails the real estate market again. It’s no secret that sellers are absent in this market.

Inventory 357

Inventory New Listings Contracts Buyers 357

Housing Wire

JANUARY 29, 2021

However, contract signings rose 21.4% Realtor.com’s Housing Market Recovery Index showed significant contract growth, specifically in Portland, Las Vegas, Denver, Los Angeles, and Boston. million in 2021, Yun said. The post Experts optimistic about home sales in 2021 appeared first on HousingWire.

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Contracts Real Estate Housing Market Technology 531

Listing Spark

OCTOBER 13, 2022

The Texas real estate market has come crashing down. Days on the market are up, home prices are down, but it’s not all doom and gloom. Is that the case for all major Texas housing markets? What should they expect in this housing market? 00:02:50] Peaking into the Fall 2022 Austin housing market. Episode highlights.

Housing Market 36

Housing Market Real Estate Marketing Buyers 36

Housing Wire

JULY 25, 2022

Rising interest rates and a slowing economy overall are already taking some of the air out of the rapid home-price appreciation the housing market has experience over the past year, according to the recently released Federal Reserve Beige Book for July. in 2021, Freddie Mac reports. in 2022 but will drop to 4% in 2023.

Housing Market 397

Housing Market Marketing Supply Chain Real Estate 397

Housing Wire

AUGUST 14, 2023

There are 10% fewer homes on the market now than last year at this time. Now, that extra little boost of demand seems to be gone from the housing market. See how the tan line of 2021 peaked right about on the same curve we’re seeing this year? We measure the housing market. In 2022, the market was changing rapidly.

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Housing Market Inventory Marketing Buyers 370

Housing Wire

NOVEMBER 16, 2023

New findings from the National Association of Realtors (NAR) show a fresh picture of who’s buying and selling homes, with more first-time buyers entering the market and families looking for homes that fit multiple generations. For real estate professionals, the changing landscape is a call to action.

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Real Estate Marketing Real Estate Agent Tools 409

Housing Wire

SEPTEMBER 12, 2023

So, the author tried to use new construction prices from back in April to describe the whole U.S. housing market now. That’s frankly surprising given how cold the housing market froze last fall. There are no signs of any surge in listings, and as a result we’ve seen a floor on home prices. This week continues that trend.

Contracts 409

Contracts Inventory Housing Market Buyers 409

Housing Wire

FEBRUARY 25, 2021

Despite the decline, many industry observers see big potential for the housing market in the year ahead. It’s no secret that low mortgage rates and societal shifts brought on by COVID-19 have collided to form a red-hot housing market. That said, there has been an increase in permits and requests to build new homes.”.

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Supply Chain Inventory Housing Market Contracts 402

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.

Inventory 359

Inventory Contracts New Listings Buyers 359

Housing Wire

AUGUST 1, 2023

All year, the strength of homebuyer demand and the tight supply of homes for sale has meant that the market pretty rapidly found a floor on the home-price correction of 2022. If you were looking at the market in the fall of 2022, you would have expected home prices to continue to fall further in 2023. In 2022 there were 418,000.

Inventory 370

Inventory Contracts Buyers Mortgage 370

Will Springer Realtor

MAY 9, 2023

How’s the market, you ask? The typical seasonal spring in its step has been replaced by a slow shuffle as the Seattle/King County residential market tries to find its rhythm in a challenging economic environment. Falling new inventory is constraining transaction volumes while also supporting higher home prices.

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New Listings Inventory Buyers Sellers 59

Lamacchia Realty

OCTOBER 26, 2021

These factors, when compared year over year, are all indicators for predicting future trends in the market. Highlights: Sales are down and prices are up, signifying that the market has shifted into more of a buyer’s market, making this the best Fall to buy in two years. Massachusetts Home Sales Down 5%.

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Inventory Buyers Sellers Landlords 65

Lamacchia Realty

JANUARY 25, 2024

2022 was down in sales from 2021 just like this past year , and at that time , many were concerned that it was a sign the market was about to crash, something Anthony has repeatedly dispro ved. Slower market activity this year, however, is representative of the journey back to equilibrium. Average Prices Increase by 3.4%

Inventory 66

Inventory Sellers Contracts Buyers 66

Lamacchia Realty

JANUARY 28, 2022

The amount of home sales in 2021 was down by 43 sales, 0.3% There were 14,946 sales in 2021 compared to 14,989 in 2020. Broken down, single-family sales are the only category that decreased in 2021, down by 4%. Broken down, single-family sales are the only category that decreased in 2021, down by 4%. Sales Down 0.3%

Buyers 45

Buyers Contracts Inventory Real Estate 45

Will Springer Realtor

MAY 14, 2024

Even after a few weeks of mortgage rate jumps, the Seattle/King County housing market is displaying surprising strength. A rare, two-fisted punch of higher prices and interest rates is bruising the market at a time when activity is usually robust. This is based on all homes on the market – single-family, townhome and condo – combined.

Marketing 36

Marketing Inventory Buyers Sellers 36

Lamacchia Realty

JANUARY 25, 2024

The real estate landscape witnessed significant developments in 2023, as the New Hampshire market saw a historic low in listings. Sales were also down in 2022 , which sparked concerns of a market crash , but as Anthony predicted, it didn’t happen , more thanks to reduced inventory rather than a decline in sales.

Inventory 49

Inventory Sellers Buyers Contracts 49

Lamacchia Realty

JANUARY 25, 2024

2022 also witnessed a decline in sales compared to 2021, accompanied by attention-grabbing headlines that fueled concerns about an imminent market crash. The market’s resilience can be attributed more to the decrease in inventory than the decline in sales. Lowest number of homes listed in recorded history, down 19.5%

Inventory 54

Inventory Sellers Buyers Real Estate 54

Listing Spark

SEPTEMBER 25, 2023

Navigating Texas Real Estate with Rising Interest Rates We’re heading into Q4 of a tough year for the real estate market. While many thought it’d spell bad news, the total meltdown hasn’t happened. Here are five of the biggest change in the Texas Real Estate market. Let’s make sense of it all together!

Real Estate 69

Real Estate Sellers New Listings Inventory 69

Lamacchia Realty

JANUARY 30, 2024

Sales have been adjusting down from the 2021 frenzy for the past few years and when that began, concerns arose that it might be an ominous sign signaling an imminent market crash— a notion Anthony consistently disproved. The frenzied market of 2021 was unsustainable, and consumers and REALTORS alike hoped for a return to normalcy.

Inventory 51

Inventory Sellers Buyers Contracts 51

Lamacchia Realty

DECEMBER 19, 2023

Single families: $517,863 (2022) | $553,935 (2023) Condominiums: $286,664 (2022) | $325,453 (2023) Homes Listed For Sale: T he number of homes listed is up by 5.7% 2023: 2,765 2022: 2,617 2021: 3,476 Pending Home Sales: The number of homes placed under contract is down by 5.2% What’s Happening in the Market?

Real Estate 54

Real Estate Sellers Home Value Buyers 54

Lamacchia Realty

DECEMBER 19, 2023

Single families: $549,922 (2022) | $559,251 (2023) Condominiums: $414,921 (2022) | $533,433 (2023) Multi-families: $501,629 (2022) | $469,320 (2023) Homes Listed For Sale: T he number of homes listed is up by 7.3% 2023: 1,321 2022: 1,231 2021: 1,530 Pending Home Sales: The number of homes placed under contract is up by 0.7%

Real Estate 54

Real Estate Sellers Buyers Realtors 54

Lamacchia Realty

JULY 22, 2022

This Lamacchia Mid-Year Housing Report presents overall home sale statistics as of the first six months of 2022 compared to the same period last year, January 1 st to June 30 th , 2021. Last year’s major increases were due to the market catching up from 2020 when everything stopped during the pandemic. Sales Decrease by 11.3%.

Sellers 71

Sellers Buyers Inventory Contracts 71

Will Springer Realtor

APRIL 11, 2023

After nearly a year, the housing sector’s contraction is coming to an end,” notes Lawrence Yun, National Association of Realtors® chief economist, speaking about the U.S. Existing-home sales, pending contracts and new-home construction pending contracts have turned the corner and climbed for the past three months.” 

Housing Market 36

Housing Market Marketing Buyers Sellers 36

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. Unlike what the Northeast experienced, South Florida inventory is up over 2022 and the second half of 2021.

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HOA Inventory Buyers Contracts 47

Lamacchia Realty

JANUARY 25, 2024

2022 also experienced a decline in sales compared to 2021 and attention-grabbing headlines raised the fear of an impending price crash. The reduction in sales in 2022 was not surprising but rather a relief, considering the unsustainable frenzy of the 2021 market. This has led to the lowest number of new listings since 2010.

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Inventory Sellers Buyers Contracts 49