Housing Wire

OCTOBER 24, 2022

The price of new listings is dropping. The big question is: how long will the market contraction last and when should we expect things to heat back up? Key takeaway: when imagining the possible outcomes for the 2023 market, it looks like that 5.5% In May, I wrote about the signs to watch for a real estate market slowdown.

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Real Estate Marketing Inventory Sellers 318

Housing Wire

NOVEMBER 29, 2023

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Real Estate Buyers Tools Real Estate Agent 397

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. He provides advice on pricing homes and how to negotiate, as well as what to expect for the rest of 2023.

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Real Estate Marketing Sellers Home Value 28

Housing Wire

MAY 13, 2024

If you need to communicate about the real estate market with buyers and sellers, you should join us. It’s the peak season for buyers and sellers. Inventory in 2023 didn’t really accelerate until mortgage rates approached 8% in the fall. There are more sellers now as rates have stayed higher for longer. That’s up 1.5%

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New Listings Contracts Inventory Sellers 450

Housing Wire

FEBRUARY 26, 2024

We still see more sellers than last year. Each week, there are more new listings than a year ago, allowing inventory to build and eventually leading to more home sales this year than last. Last week showed good growth in sales over 2023, and I mentioned that it might be fleeting. But that sales growth rate is fragile too.

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Sellers Inventory New Listings Contracts 429

GoForrmz

OCTOBER 26, 2022

Now as 2022 starts to wind down, a lot of people are trying to forecast how the housing market will turn out in 2023. From virtual tours to real estate apps, it now takes less time and effort to communicate between sellers and buyers. But there is one thing for certain: technology has changed the overall industry. We know the feeling.

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Real Estate Contracts Clients Real Estate Agent 78

Housing Wire

APRIL 15, 2024

economy continues to be powerfully strong and with each new economic data release, it seems less likely that we’ll see the Federal Reserve cut short-term interest rates any time soon. How will homebuyers and sellers react and how quickly can we measure it? Home prices recovered in 2023 very quickly though. But the U.S.

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Inventory Mortgage New Listings Sellers 414

Housing Wire

MARCH 25, 2024

I like to point out that consumers are more sensitive to changes in mortgage rates than to the absolute levels, and since rates are now basically unchanged for the month, just easing down from the early March peak of 7.2%, sellers and buyers are tip-toeing back into the market. More sellers means more sales will happen.

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New Listings Inventory Contracts Sellers 493

Housing Wire

APRIL 30, 2024

The weekly volume of new listings is now higher than at anytime last year,” Mike Simonsen, founder and president of Altos Research, wrote on Monday. It’s still April, so there could be as many as eight more weeks of seller growth in the spring housing market. On the more bullish side, more inventory could result in more sales.

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Mortgage New Listings Inventory Sellers 398

Housing Wire

NOVEMBER 27, 2023

You also know that new listings are up over last year, too. New listings volume is up, too. There were 58,000 new listings this week, with 10,000 of those homes already under contract as immediate sales. A few more sellers appear to be braving the market each week. Short on time?

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New Listings Contracts Inventory Housing Market 488

Housing Wire

APRIL 22, 2024

We’re rapidly approaching the peak of the market in terms of seller listings, and as inventory builds, the sales rate will peak by the end of June. New listings Growing inventory is not just about slowing demand. We are also consistently measuring more sellers coming back into the market. Now we’re at 69,000.

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Inventory New Listings Sellers Contracts 515

Housing Wire

JANUARY 8, 2024

Based on the trends we can see after the start of the year, I’ll project 2024 will see about 15% home sales growth over 2023. These are very clear trends as we start the new year. 2023 started with recovery, but slowed down in Q3 as mortgage rates hit 8%. There are slightly more sellers each week. Currently 32.8%

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Real Estate Marketing Inventory New Listings 488

Housing Wire

MAY 6, 2024

But keep in mind that May 2023 was the weakest comparison point in sales pricing. New listings There were 71,000 new, unsold listings of single-family homes across the country this week. More home sellers are coming back to the market each week. At that time, there were more sellers and more sales.

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Inventory Contracts Sellers New Listings 432

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. Dramatically few home sales was the story of 2023. New listings rise New listings continue to show us that more sellers are interested in this market this year.

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Mortgage Inventory Sellers New Listings 497

Housing Wire

APRIL 8, 2024

With the Easter holiday last week, data for housing inventory , new listings and the pace of new contracts started all took a breather from their growth pace. Here’s how 2024 is shaping up: There are now more listings, more active inventory and more sales than a year ago. In other words, seller growth continues.

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Inventory Contracts New Listings Sellers 463

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.

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Inventory New Listings Sellers Real Estate 502

Housing Wire

JANUARY 16, 2024

Home sellers are starting to ease back into the market, new listings are finally exceeding the levels of a year ago. Slightly more sellers Inventory is building now because we have slightly more sellers each week. The market had about 49,000 new listings this week. The pace of home sales is growing.

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Inventory New Listings Sellers Contracts 447

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

Housing Wire

MARCH 22, 2024

I think one of the major trends we are seeing is that our overall inventory is up 60% year over year compared to 2023,” said PJ Smith, president of the Naples Area Board of Realtors and the broker-owner of Naples Golf to Gulf Real Estate. “We Smith attributes the uptick in inventory to a bump in new listings.

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Insurance Inventory Marketing Real Estate 404

Housing Wire

MARCH 18, 2024

New listings Last week, 59,000 new single-family listings came to market. New listings volume continues to run ahead of last year and we see more sellers than last year. In fact, last week, after including the 16,000 immediate sales, there were 24% more new listings than the same week a year ago.

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Inventory New Listings Sellers Contracts 423

Housing Wire

DECEMBER 4, 2023

New listings and home sales remain low this week while available inventory of unsold homes is finally falling across the country after rising with mortgage rates late into November. It’s looking like we’ll end 2023 with higher housing inventory than this time last year. We want new listings volume to show growth.

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Housing Market Marketing Inventory New Listings 483

Housing Wire

OCTOBER 31, 2023

At least, that’s what the data seems to suggest as inventory grows and new listings decline at a less aggressive rate than last year. New listings decline isn’t as steep as a year ago There were only 53,000 new listings (single-family homes) unsold this week, plus 10,000 more new listings that are already in contract.

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New Listings Inventory Contracts Housing Market 491

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. That’s more new sellers this year than the same week a year ago, signaling a tiny improvement in our supply-starved housing market.

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Inventory New Listings Housing Market Sellers 433

Housing Wire

AUGUST 7, 2023

Compare that to this year’s curve and you can see how we’ll end 2023 with probably 20% fewer homes on the market than there were in 2022. It’s no secret that sellers are absent in this market. It was at this point in 2022 when new listings started plummeting each week. Suddenly new listings volume dropped each week.

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Inventory New Listings Contracts Buyers 334

Housing Wire

FEBRUARY 28, 2024

PRO TIP: If you want scroll-stopping hooks and educational content like this without the writer’s block, check out the marketing company who wrote it: Coffee & Contracts. Visit Coffee & Contracts 3. So if you want to actually generate leads from social media, focus on telling stories that resonate with local buyers and sellers.

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Real Estate Marketing Tools Contracts 439

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 483

Housing Wire

NOVEMBER 6, 2023

held up in 2023, sales volume in the housing market cratered. Additionally, there are 62,000 new listings this week, with 9,000 of those already under contract. We have the same number of sellers now as last year, which tells us that further declines in home sales because of supply constraints are unlikely.

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Housing Market Marketing Inventory Contracts 500

Housing Wire

OCTOBER 16, 2023

The leading indicators for sales prices show that 2023 will end with home price gains of 1-2% over 2022, but the 2024 outlook is weakening and depends on your view of mortgage rates in Q1 and whether home prices will appreciate next year. Note the inventory climb is not from sellers. 5% fewer sellers each week than last year.

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Inventory Contracts Sellers New Listings 449

Lamacchia Realty

JANUARY 25, 2024

2023 was a notable year in real estate history, but if we had to put our finger on what stood out, it was how the number of homes listed was the lowest in over two decades. 2023 Real Estate Performance Highlights The number of homes sold decreased by 21.7% Lowest number of homes listed in recorded history, decreased by 18.7%

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Inventory Sellers Contracts Buyers 69

Housing Wire

SEPTEMBER 7, 2023

Supply of homes on the market does not appear to have reached the peak for 2023. There are only 358,000 single family homes in contract pending now. For a while this year it seemed like home sales would finish 2023 with more than 2022, and that hasn’t materialized. The light portion of the bar are the new contracts that week.

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Contracts Inventory Buyers New Listings 430

Lamacchia Realty

JANUARY 25, 2024

In 2023, the Rhode Island real estate landscape underwent significant changes. A standout element was the unprecedented low number of homes listed ; a trend not observed in over two decades. Despite the necessity of a market adjustment, the process can be painful, and 2023 was undoubtedly a challenging year for all involved.

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Inventory Sellers Buyers Real Estate 57

Lamacchia Realty

JANUARY 30, 2024

2023 marked a significant chapter in real estate history, on the state level in Maine as well as nationally. If we were to pinpoint the standout factor, it would be the remarkably low number of homes listed, the lowest in over two decades. 2023 Real Estate Performance Highlights The number of homes sold decreased by 18.9%

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Inventory Sellers Buyers Contracts 54

Housing Wire

SEPTEMBER 12, 2023

Supply of homes for sale is very low, and most of the year we’ve had more buyers than sellers. There are no signs of any surge in listings, and as a result we’ve seen a floor on home prices. New contracts dipped as affordability is out of reach for so many. Let’s look at the signals for the week of September 11, 2023.

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Contracts Inventory Housing Market Buyers 398

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. The 2022 slowdown was a welcome break from the unsustainable frenzy of 2021 , and 2023 continued the trend towards balance, albeit with some challenges. Sales Decline by 18.9%

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Inventory Sellers Buyers Contracts 52

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. Think of it like a rollercoaster that started in late 2022 and has continued into early 2023.

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Real Estate Sellers New Listings Inventory 69

Housing Wire

JULY 17, 2023

housing market could have a soft landing in 2023. By October 2022, it looked like 2023 would have rising inventory and falling home prices. 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.

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Real Estate Marketing Inventory Contracts 335

Housing Wire

AUGUST 1, 2023

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. After the mortgage rate spike in September 2022, we got significantly more bearish on home prices for 2023. The median price of the new listings this week is $399,900. is $450,000.

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Inventory Contracts Buyers Mortgage 367