Housing Wire

MARCH 6, 2024

Moderation in mortgage rates led to a pickup in demand for residential real estate, but limited inventories across the country hindered actual home sales , the Federal Reserve reported in its Beige Book survey of regional business contacts that was published Wednesday.

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Raleigh Realty

JULY 12, 2022

In fact, it’s estimated that owner-occupied real estate accounts for over a quarter of American households’ net worth. It’s no secret Raleigh is an up-and-coming city, but how’s the local real estate market doing? for homebuilding prospects and number two for overall real estate prospects.

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Listing Spark

SEPTEMBER 25, 2023

It’s been a wild ride for Texas real estate this year! Navigating Texas Real Estate with Rising Interest Rates We’re heading into Q4 of a tough year for the real estate market. But by mid-2022, they shot up to over 6%. Here are five of the biggest change in the Texas Real Estate market.

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Real Estate Sellers New Listings Inventory 69

Housing Wire

MAY 28, 2024

Every state in the country has more homes on the market now than a year ago and, in many places, new construction is being completed and added to inventory, so it’s not just resale inventory that’s growing. New listings climbed during the past week and there are now 72,000 more single-family homes on the market.

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Housing Wire

MARCH 1, 2024

Last year was a tough one for the Indiana real estate market. Sales from 2022 to 2023 were down 14%,” Mark Fischer, the CEO of the Indiana Realtors Association , said. “We We were up year over year in inventory , but we were at a 25 year low on new listings.” 23, 2024.

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Housing Wire

JANUARY 1, 2024

The 2023 housing market faced one of the same roadblocks we saw in 2022: mortgage rates were too high for home sales growth. To give an example of what I am talking about, from 2008 to 2011, new listings data ran between 250,000 and 400,000 each week, with the peak seasonal data at 370,000 and 400,000. However, by Nov.

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Housing Market Marketing New Listings Construction 530

Listing Spark

JANUARY 12, 2023

In this episode of Real Estate Real Fast, Aaron Jistel discussed the market trends of 2022 and 2023. Listen to the full episode to learn more about factors impacting the real estate market in 2022, forecasting trends for 2023 real estate market, strategies for investing in the current real estate market, and more.

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Housing Wire

JULY 25, 2022

Fannie Mae ’s Economic and Strategic Research Group also released a recent report that projects year-over-year growth in home-price appreciation for 2022 will reach 16%. Homes listed for sale are increasingly seeing asking-price reductions, and both construction and home sales — both existing and new — are slowing.”.

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Housing Wire

JANUARY 19, 2023

High inflation has reduced consumers’ purchasing power, which has led to weakened sales and construction across all 12 Federal Reserve districts. Housing markets continued to weaken, with sales and construction declining across [all 12 Federal Reserve] districts,” according to the Federal Reserve Beige Book released on Wednesday.

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Inventory Housing Market Marketing Construction 430

Listing Spark

FEBRUARY 7, 2024

As we enter into 2024, we are stepping out of one of the most turbulent years for real estate in Texas in some time. In this article, we will recap what exactly happened to the real estate market in Texas last year and discuss some predictions for the rest of this year. trillion in 2022 and an eye popping $4.51

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Housing Wire

AUGUST 23, 2023

New home sales According to the recent Census report , “Sales of new single‐family houses in July 2023 were at a seasonally adjusted annual rate of 714,000, according to estimates released jointly today by the U.S. This is 4.4% (±12.8%) above the revised June rate of 684,000 and 31.5% (±16.3%) above the July 2022 estimate of 543,000.”

Mortgage 370

Mortgage Inventory Construction Sellers 370

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. a year ago.

Real Estate 69

Real Estate Buyers Sellers Inventory 69

Listing Spark

MARCH 9, 2023

With the Texas real estate market constantly changing and evolving, it can be difficult to stay informed on current trends or predict what will happen in 2023. But as potential buyers and sellers begin mapping out their plans for the future, understanding how the state’s real estate market is shifting is essential.

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Housing Wire

JANUARY 19, 2024

from December 2022 to $382,600 – the sixth consecutive month of year-over-year price increases. from December 2022 ($366,500). Just remember, the year-over-year comps were very easy because home prices were declining in the second half of 2022, so we have easier comps to work from. From NAR : Existing-home sales waned 1.0%

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Housing Market Inventory Contracts Marketing 482

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. Miami-Dade & Palm Beach Counties. What's Ahead? Buyer Resources.

New Listings 69

New Listings Inventory Realty Buyers 69

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?

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New Listings Inventory Realty Buyers 41

Housing Wire

SEPTEMBER 12, 2023

So, the author tried to use new construction prices from back in April to describe the whole U.S. Inventory grew in 2022 for the seven weeks from mid-September through the end of October. The median price of the newly listed cohort is $390,000 now, that’s down from last week and essentially unchanged vs last year.

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Contracts Inventory Housing Market Buyers 417

Will Springer Realtor

OCTOBER 8, 2021

This has prompted rates for everything from car loans to mortgages to inch higher and will likely continue an upward trajectory through at least mid-2022. (A Puget Sound Business Journal this month described Bellevue’s real estate market as “arguably the West Coast’s hottest.”. Both figures are record highs for Seattle.

Real Estate 36

Real Estate Buyers Inventory Housing Market 36

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. The bar is so low on listings and sales data that one might trip over it. I hope you enjoy reading this monthly report. from the year before.

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Housing Market Marketing Inventory Real Estate 36

Will Springer Realtor

SEPTEMBER 8, 2021

The company forecasts an 8% YoY increase in new communities for 2021 across the U.S. and another 10% boost in 2022. 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.

Construction 36

Construction Inventory Buyers Real Estate 36

Will Springer Realtor

MARCH 10, 2023

Today, real estate is ‘nobody’s market,’” notes realtor.com’s chief economist Danielle Hale. Median home prices are lower in most parts of the county compared with February 2022. The structures have been topped out and construction cranes are coming down. Here’s a video of its progress. It’s a 6-bedroom, 4.5-bath

Construction 36

Construction Modernization Inspection Buyers 36

Will Springer Realtor

FEBRUARY 13, 2024

The final months of 2023 were among the quietest periods in recent memory for residential real estate amid a slow year overall. And, despite the rise in new listings, the number of homes still on the market on Feb. Seattle led the way with a 156% increase in new listings (517) month-to-month and 4.0%

New Listings 66

New Listings Buyers Inventory Lending 66

Will Springer Realtor

JANUARY 9, 2024

NEW LAWS AFFECT HOME BUYERS Washington lawmakers last year set out to make our corner of the country one of the most consumer-friendly real estate environments anywhere. 1, that requires buyers wishing to work with a licensed real estate broker to sign a services contract. Shoreline came in at No. But by how much?

Mortgage 36

Mortgage Real Estate Law Lending 36

Lamacchia Realty

JANUARY 24, 2022

It also looks at other metrics like New Listings and New Pending Sales as they are often the best indicators for predicting future trends in the market. 2019 will be examined in some areas to highlight the lingering impact of COVID in real estate. Broward County. Miami-Dade & Palm Beach Counties. What's Ahead?

New Listings 69

New Listings Inventory Buyers Realty 69

Will Springer Realtor

MAY 9, 2023

months in Q2 of 2022, according to a survey conducted by John Burns Research & Consulting. Compounding the demand is a consumer public determined to stay put for several more years rather than dive into a real estate market clouded by higher interest rates. Kitchen and bath professionals are reporting 3.9-month 2 in the U.S.

Real Estate 36

Real Estate Modernization Construction Supply Chain 36

Will Springer Realtor

AUGUST 11, 2023

While that may seem like a silly question to ask – especially from a residential real estate pro whose business relies on the purchase and sale of homes – it’s something I have been studying, with some eye-opening findings. Real estate pros – some of the most optimistic bunch in any industry – acknowledge this is a housing dilemma.

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Buyers Development Construction New Listings 36

Will Springer Realtor

MAY 13, 2024

A year later, the same real estate consultancy estimates the number has expanded to 2.1M, a jump of 24%. Builders are trying to catch up and, according to federal officials , there are more housing units under construction today than at any time in the last 50 years. We are now experiencing historic shortages. shy of the need.

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HOA Transportation Construction Buyers 36

Will Springer Realtor

JUNE 13, 2023

These are the two most frequently discussed items by both the people working in residential real estate and the customers and clients they serve. 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.

Buyers 36

Buyers Inventory Construction Finance 36

Will Springer Realtor

MARCH 14, 2023

Today, real estate is ‘nobody’s market,’” notes realtor.com’s chief economist Danielle Hale. Notably, there are 185% more listings available today across the Eastside of the county compared with February 2022. each month between 2003 and 2022.) decline from February 2022. Condo inventory stands at 1.7

Marketing 36

Marketing Buyers Inventory Sellers 36

Will Springer Realtor

JUNE 11, 2024

The June 1 figure is the highest of any month since October 2022 (4222) and the most for the date since 2019 (5629). The single-family-home category – which includes townhomes – shows a 25% climb in new listings (3198) from April and a 33% rise year-on-year (YoY), and many of those homes remain on the market. from a year ago.

Buyers 68

Buyers Inventory Finance Housing Market 68

Will Springer Realtor

SEPTEMBER 12, 2023

A report from Smart Growth America and real estate info services firm Places Platform named Seattle one of the top five walkable cities in the nation. Portland was right behind us, with New York City at No. cities for first-year homeownership costs, according to real estate site Point2Homes. topped the list.

Sellers 36

Sellers Development Retail Real Estate 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

OCTOBER 11, 2022

The inter-bank rate stands at about 3.1%, coincidentally the exact figure that Freddie Mac reported at the start of 2022 as the average mortgage rate in the U.S. We are now seeing “7s” in front of some rates to new mortgage consumers – a figure not seen since April 2002 – causing applications for new loans to hit a 25-year low this month. (

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Housing Market Marketing Real Estate Buyers 36

Will Springer Realtor

JANUARY 11, 2023

December is typically the slowest time of year for local residential real estate sales, but the final few weeks capped what turned into the slowest year in a decade for the purchase and sale of homes across King County. CONDO NEWS. JANUARY HOUSING UPDATE.

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Will Springer Realtor

APRIL 11, 2023

The signs are generally pointing in the right direction for our local (and national) residential real estate scene, but it is taking more time than usual to turn a cruise-ship-sized sector around without leaving damage in its wake. Again, hyper-local markets are often subject to their nuances.

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Housing Market Marketing Buyers Sellers 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 He was one of the authors of a recent report that found signs of a housing bubble in the real estate market.

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Architecture Design Buyers Construction 36

Will Springer Realtor

FEBRUARY 14, 2023

The first month of the year in residential real estate is typically one of resetting and preparing for the spring rush, which can start as early as February (despite the groundhog’s forecast of six more weeks of winter). ” Economists and real estate geeks like me look for any signs that may raise hope.

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