Housing Wire

SEPTEMBER 22, 2022

Existing home sales have more legs to go lower, especially now that new listing data is falling. A traditional primary resident seller is also a buyer, which means if they don’t list, they’re not just taking a potential home to be bought off the table — they’re taking a future sale off the books as well. million in August.”

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Inventory Housing Market New Listings Mortgage 450

Housing Wire

AUGUST 30, 2022

I don’t need to see total active listing get back to the historical range of 2-2.5 New listings are declining now. I am not talking about investors; I am talking about primary resident homeowners. Inventory is always seasonal, but the decline in new listings this year was not what I wanted to see.

Inventory 382

Inventory New Listings Law Housing Market 382

Listing Spark

OCTOBER 13, 2022

The Texas real estate market has come crashing down. We’ll dive into the state of the Texas real estate market with Real Estate Real Fast host Aaron Jistel. How to vet real estate agents as a seller. 00:02:50] Peaking into the Fall 2022 Austin housing market. powered by Sounder.

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Housing Market Real Estate Marketing Buyers 36

Housing Wire

JUNE 28, 2023

Roughly 80% of real estate investors surveyed are selling single-family homes at or above asking price after fully renovating the properties to make them habitable, according to a report from real estate marketplace New Western. Also, housing demand stabilized from its waterfall collapse in 2022.

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Investors Housing Market Marketing Renovations 382

Housing Wire

APRIL 25, 2024

“I called the listing agent and it was listed three hours ago, but it was sold,” the Cincinnati, Ohio -based eXp Realty agent said. “We There is no way you can stay on top of things unless you hire someone to watch new listings pop up every 10 minutes. We couldn’t even see it. It is so hard to compete with that.”

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Buyers Marketing Inventory Investors 424

Housing Wire

JULY 17, 2023

The market was roaring — way too hot — with bidding wars, speculators and investors who thought they couldn’t lose. In the fall of 2022 after mortgage rates jumped to 7.5%, I thought maybe we’d missed the soft landing call. By October 2022, it looked like 2023 would have rising inventory and falling home prices. is $450,000.

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Real Estate Marketing Inventory Contracts 369

Housing Wire

MARCH 8, 2024

Real estate agents in the leafy suburbs of Bergen County, New Jersey say the current housing market — with historically low inventory and record-high prices — is actually more challenging than the multiple offer chaos they sweated through during the pandemic. “At as of March 6, 2024.

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Housing Market Buyers Agents Marketing 433

Housing Wire

MARCH 14, 2022

One of the biggest questions in real estate right now is how rising interest rates will impact the housing market. More expensive money also meant fewer investors holding homes so inventory would climb too. The price of new listings continues to rise, which is a very bullish indicator for sales prices in the coming months.

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Housing Market Marketing Inventory Investors 457

Housing Wire

AUGUST 7, 2023

Then, Altos will be on watch to see if another boost in mortgage rates — like last September — derails the real estate market again. There are 10% fewer homes on the market now than there were in 2022 at this time. So, the number of homes on the market in 2022 increased in September and October which was very unusual.

Inventory 369

Inventory New Listings Contracts Buyers 369

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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Real Estate Marketing Home Value Inventory 36

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

Real Estate 36

Real Estate Sellers Home Value Inventory 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. a year ago.

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Real Estate Buyers Sellers Inventory 68

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 464

Housing Wire

JULY 20, 2023

Even with mortgage rates near or above 7% for two months, we haven’t seen dramatic moves in the purchase application data or active and new listings data. The housing market has slowed and stabilized itself with higher rates, but the existing home sales market isn’t growing like the new home sales market. million in June 2022).

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Marketing Housing Market Inventory New Listings 370

Housing Wire

JUNE 7, 2022

That’s according to Black Knight , which just released a white paper that studies how long it would take to sell all the homes currently listed for sale in a given market based on a prevailing sales rate, if no new listings are added (a metric it calls “months of remaining inventory”).

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Inventory Housing Market Investors Sellers 414

Housing Wire

OCTOBER 21, 2022

Well, that got smashed in just two years, and 2022 is another year on the books with significant price gains. Rates have gone up so fast that new listing data has declined since the end of June; this impacts supply and demand. having rates of 5% and below, you can see why some sellers are hesitant to list their homes and move.

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Housing Market Inventory New Listings Mortgage 294

Housing Wire

JANUARY 19, 2023

Available home inventory has remained low since the previous Federal Reserve Beige Book report, which was released in November 2022, as many sellers decided not to list — affecting the New York and Boston districts in particular. New York – The residential sales and rental markets showed further signs of cooling in late 2022.

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Inventory Housing Market Marketing Construction 414

Lamacchia Realty

NOVEMBER 27, 2023

october 2023 south florida housing report Broward County In October of 2023, Broward County single-family homes saw a decrease in closed sales, but increases in new listings, pending sales, and average price. Condos/townhomes saw increases in average price and new listings but decreases in pending and closed sales.

New Listings 50

New Listings Sellers Real Estate Inventory 50

Lamacchia Realty

AUGUST 25, 2023

JULY 2023 south florida housing report July Highlights Mortgage rates and limited inventory continue to be the driving factors behind today’s real estate market data – specifically sticking out when looking at home sales and new listings which are both down across all counties and categories in South Florida.

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New Listings Inventory Real Estate Sellers 54

Will Springer Realtor

DECEMBER 12, 2023

The year in residential real estate nears its end amid twists and turns like a good book but it’s waiting for the storyline to improve as we fill out the empty pages in 2024. The Eastside led the way with a 33% drop-off in new listings (420) and Seattle fell 31% (586). Since January 2022 – when home sales were 6.3M

Housing Market 42

Housing Market Marketing New Listings Buyers 42

Will Springer Realtor

JANUARY 9, 2024

December’s housing activity in King County was marked by shriveling supply amid fewer listings hitting the market in what is traditionally a low point of the real estate year. The 802 new listings in December was a low not seen since records were archived online from 1990. But by how much? Overall, only 1.4

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Housing Market Marketing Inventory Lending 61

Lamacchia Realty

JULY 25, 2023

Sellers, when it comes time to list, make sure you are pricing your home competitively so you can attract the most buyers! The number of homes sold decreased in Broward, Palm Beach, and Miami-Dade counties for single-family homes and condos/townhomes when compared to June 2022. Data provided by SunStats then compared to the prior year.

Sellers 49

Sellers Buyers Real Estate Inventory 49

Will Springer Realtor

MAY 14, 2024

since March and 11% YoY, and notably only $5K shy of the all-time high set in both April and May of 2022. The trend is somewhat similar in the category of single-family homes (which our MLS includes townhomes), with the number of new listings in King up 26% YoY and 18% since March (2551). away from the May 2022 high.

Marketing 36

Marketing Inventory Buyers Sellers 36

Will Springer Realtor

JANUARY 9, 2024

The past year witnessed a financial rollercoaster, with interest rates fluctuating between 5.99% and 8.03% for conventional 30-year mortgages, according to Mortgage News Daily. The Fed’s revised lending forecast sparked a celebratory mood among investors, particularly those tracking U.S. Treasurys and mortgage-backed securities.

Mortgage 36

Mortgage Real Estate Law Lending 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%. An annual survey released this month by the Federal Reserve Bank of New York said renters put the probability of ever owning a home at 40%, down from 44% last year. We are now experiencing historic shortages.

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HOA Transportation Construction Buyers 36

Will Springer Realtor

NOVEMBER 9, 2022

The housing market in and around King County was moving along swimmingly at the start of 2022, with homes selling briskly and buyers taking advantage of interest rates in the 3s. Among all home types in King, new listings have fallen 26% in the past month and existing homes for sale at the start of November were down 8.1%

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New Listings Housing Market Inventory 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. Mortgage rates are generally established by investors who buy them in bulk as securities.

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Buyers Inventory Construction Finance 36

Will Springer Realtor

OCTOBER 11, 2022

While investors of mortgaged securities help dictate their interest rates, the Federal Reserve is behind the scenes influencing the overall lending environment. 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. Dining out.

Housing Market 36

Housing Market Marketing Buyers Real Estate 36

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

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

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Marketing Buyers Inventory Sellers 36

Empire Appraisal Group

MARCH 16, 2023

Higher prices and interest rates have diminished buyer purchasing power, and the deep pool of buyers that helped fuel the real estate frenzy dried up significantly. Even investors are shying away from the marketplace. In most areas, Active Inventory has been increasing steadily since around June 2022.

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Sellers Inventory Realtors Clients 78