Housing Wire

FEBRUARY 23, 2024

Existing home sales showed a jump in sales, which was anticipated by most as we had positive, forward-looking housing data due to mortgage rates falling from 8.03% to 6.63%. This is nothing dramatic, but similar to what we saw in 2023 when mortgage rates rose from 5.99% up to 7.25%. From NAR : Total existing-home elevated 3.1%

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Housing Wire

FEBRUARY 22, 2024

The housing market in the state of Florida saw higher median home prices, more real estate listings and a higher number of active listings during the month of January, according to data released Thursday by Florida Realtors , a state-based trade organization for real estate professionals. from January 2023.

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Housing Wire

JANUARY 22, 2024

Indianapolis, which had 880,600 residents as of July 2022, offers a very strong and steady real estate market that attracts buyers looking for a more affordable lifestyle. It also boasts a strong labor market, adding 28,500 jobs in November 2023 compared to November 2022, according to data released by the Bureau of Labor Statistics (BLS).

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Housing Market Marketing Logistics Real Estate 437

Empire Appraisal Group

AUGUST 3, 2023

Hurricanes present unique housing market events. Their immediate impact on the local real estate market is harsh, but investors often rush in and the number of real estate transactions bounces back and often increases. Put another way, the metro area had a net gain of 415 more new listings. Bokhari says.

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Real Estate New Listings Real Estate Agent Insurance 78

Housing Wire

MARCH 29, 2024

It is nearly April, which means temperatures in the Austin metropolitan area are heating up — and so is the housing market. What ensued next was a rapid cooldown, which saw the median list price fall by more than $100,000 by mid-February 2023 to $533,000. Technically we are still in a seller’s 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.” in mid-January 2024. as of February 29, 2024. “New

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Housing Market Marketing Inventory Construction 437

Housing Wire

JANUARY 29, 2024

Most economists forecast mortgage rates to decline in 2024, stoking optimism about the housing market. According to the newest Bloomberg Markets Live Pulse Survey (MLIV Pulse), the rate on the 30-year fixed mortgage will fall to 5.5% In 2023, only 4.09 On the bright side, new listings rose 2.2%

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Housing Wire

SEPTEMBER 19, 2023

It’s not unusual for a little jump in new listings in September. Buyers early in 2023 had slightly lower rates than now and were optimistic that mortgage rates would go lower still. This “higher for longer” conventional wisdom is working its way through the housing market. This is a trend worth watching.

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Housing Market Marketing Inventory New Listings 446

Housing Wire

MARCH 22, 2024

Unlike many other metropolitan areas across the country , the housing market in Southwest Florida is comparably flush with for-sale inventory. “I Smith attributes the uptick in inventory to a bump in new listings. From 2022 to 2023 alone, rates rose 15%. homeowners insurance policy was roughly $1,700 in 2023.

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Insurance Inventory Marketing Real Estate 417

Housing Wire

OCTOBER 21, 2022

On Thursday the National Association of Realtors reported that we had a 23.8% Earlier in the year, I labeled this a savagely unhealthy housing market based on the premise that Inventory would break to all-time lows, creating forced bidding and causing days on the market to collapse. million in September.

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Housing Market Inventory New Listings Mortgage 294

Housing Wire

MARCH 6, 2024

The Beige Book is published two weeks before each meeting of the policy-setting Federal Open Market Committee. The benchmark rate was last changed in July 2023, when it was raised to a range of 5.25% to 5.5%. Boston: Residential Realtors expressed growing optimism as both property listings and pending home sales increased.

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Mortgage Real Estate Inventory Construction 417

Housing Wire

JULY 20, 2023

The savagely unhealthy housing market continues as existing home sales are near record lows, and the days on the market are still at a teenager level, with home prices rising in 2023. Ladies and gentlemen, this was the fear and now the reality of the savagely unhealthy housing market. million, down 13.6%

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Marketing Housing Market Inventory New Listings 370

Cleveland Appraisal Blog

JANUARY 5, 2023

Welcome to 2023! We all needed some rest from the crazy housing market we’ve experienced in recent years. Like most markets across the country, the Cleveland area housing market has been red hot for the past few years. What are housing prices going to do in the spring? Let’s talk about it.

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Housing Market Marketing Appraisal Inventory 369

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%

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Housing Wire

JANUARY 19, 2024

It happened in 2008 and then didn’t happen again until 2023. Something notable about this report: Total active listings as the NAR tracks them almost broke under 1 million again. My entire theme around the savagely unhealthy housing market is based on the premise of too many people chasing too few homes.

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Listing Spark

SEPTEMBER 25, 2023

While many thought it’d spell bad news, the total meltdown hasn’t happened. The 5 most notable changes to the Texas Housing Market To really understand how these rising rates have changed things, we need to look at the big shifts in the housing market. At least, not yet.

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Real Estate Sellers New Listings Inventory 69

Lamacchia Realty

DECEMBER 19, 2023

NOVEMBER 2023 connecticut housing report CONNECTICUT Home Sales Down, Average Prices Up Home sales are down 12.9% year over year, with November 2023 at 2,732 compared to 3,138 last November. Single families: 2,402 (2022) | 2,109 (2023) Condominiums: 736 (2022) | 623 (2023) Average sales price has increased by 8.2%

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Real Estate Sellers Home Value Buyers 57

Lamacchia Realty

DECEMBER 19, 2023

NOVEMBER 2023 new hampshire housing report NEW HAMPSHIRE Home Sales Down, Average Prices Up Home sales are down 4.9% year over year, with November 2023 at 1,460 compared to 1,535 last November. 2023: 1,321 2022: 1,231 2021: 1,530 Pending Home Sales: The number of homes placed under contract is up by 0.7%

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Real Estate Sellers Buyers Realtors 57

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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Empire Appraisal Group

JANUARY 4, 2023

What Could Make Home Prices Drop in 2023? Source: What Could Make Home Prices Drop in 2023? Florida Realtors. NEW YORK – The U.S. housing market is in an uneasy state of equilibrium. Consider the various countervailing forces in the market heading into the 2023 inventory surge.

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Housing Wire

OCTOBER 22, 2023

Currently, there are about 154,113 Realtors ® in Texas, according to the National Association of Realtors. 4] As of July 3, 2023, there were 42,857 sales agent exams taken in Texas. Lead Gen As a new agent, make it a priority to pick a brokerage that is committed to helping you with marketing and exposure.

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Real Estate Real Estate Agent Agents Brokerage 407

Lamacchia Realty

DECEMBER 21, 2023

november 2023 south florida housing report Broward County In November of 2023, Broward County single-family homes as well as c ondos/townhomes saw decreases in closed sales and pending sales, but increases in average price and new listings. What does this mean for Buyers ? What does this mean for Sellers ?

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New Listings Real Estate Inventory Sellers 53

Lamacchia Realty

JULY 26, 2023

The Connecticut housing market experienced trends consistent to other New England states in that sales decreased, and prices increased when compared to the first six months of 2022 which also saw sales declines from the previous year of the frenzied Covid market. This is our first mid-year report for Connecticut.

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Inventory Sellers Buyers Real Estate 50

Lamacchia Realty

JULY 26, 2023

For this report, we are examining Belknap, Cheshire, Hillsborough, and Rockingham counties in New Hampshire; and we are focusing on three property types: single-family homes, condominiums, and multi-family homes. Many sellers are hesitating to put their homes on the market, therefore, the number of new listings is down year over year.

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Lamacchia Realty

FEBRUARY 27, 2023

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 2023 compared to January 2022.

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Will Springer Realtor

JANUARY 10, 2023

Each month, this blog will publish a fresh assessment of the King County area housing market. 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. Will Springer, Realtor®.

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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. It’s safe to say that we are witnessing a tale of two housing markets in the U.S.,

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Housing Market Marketing Buyers Sellers 36

Will Springer Realtor

OCTOBER 11, 2022

Seriously though, there must be a ceiling to rising rates that have all but extinguished a robust housing market. I’m not going to answer that – my crystal ball is broken – but if some economists had their way, it would be a definite possibility for 2023. in 2023 for single-family homes. OCTOBER HOUSING UPDATE.

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Listing Spark

FEBRUARY 7, 2024

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. Some markets were affected more than others. Some markets were affected more than others. It was an inevitable end to arguably the greatest run-up in home values in history.

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Real Estate Sellers Home Value Inventory 36

Will Springer Realtor

FEBRUARY 13, 2024

The Seattle/King County housing market appears to have come through the worst of times with a slightly stronger showing in January than in previous months. The final months of 2023 were among the quietest periods in recent memory for residential real estate amid a slow year overall. higher than January 2023. 1; that’s 2.8%

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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. annualized for 2023 but only 3.4% by the end of 2024.

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Real Estate Buyers Sellers Inventory 68

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. 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). in January 2023.

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Marketing Inventory Buyers Sellers 36

Will Springer Realtor

MAY 13, 2024

Housing inventory nationwide flipped from oversupply to undersupply about a dozen years ago when consumers and the banking industry began to slowly rebound financially from the Great Recession. In March 2023, we had an undersupply of 1.7M today – may hold the keys (literally and figuratively) to the housing conundrum.

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Will Springer Realtor

APRIL 9, 2024

Despite a challenging financing environment, the Seattle/King County housing market is moving forward. New listings (+17%), available homes at the start of April (+5.0%) and listings going under contract – also known as Pending sales – (+24%) were solidly higher when comparing month to month. above the list price.

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Marketing Inventory Buyers Sellers 60

Will Springer Realtor

JANUARY 9, 2024

This represents about 75M homeowner households, according to a Harvard housing report, out of a total of 85M households nationwide. The National Association of Realtors® noted an estimated 41% of owners remain in their homes for a duration equal to or exceeding the median tenure of 13 years thanks to today’s higher rates.

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Mortgage Real Estate Law Lending 36

Will Springer Realtor

SEPTEMBER 12, 2023

There is a feeling of Halloween in the real estate world because this housing market is a bit scary these days. The market is spooking many potential buyers and sellers thanks to stubbornly high mortgage interest rates. fewer new listings, the rate of sales rose 1.7% While there were 5.8% There are 7.4%

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Finance Inventory Construction Buyers 68

Will Springer Realtor

SEPTEMBER 12, 2023

topped the list. SEPTEMBER HOUSING UPDATE There is a feeling of Halloween in the real estate world because this housing market is a bit scary these days. The market is spooking many potential buyers and sellers thanks to stubbornly high mortgage interest rates. fewer new listings, the number of sales rose 1.7%

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