Housing Wire

FEBRUARY 23, 2024

Our data lines here at Housing — which track things weekly — show inventory is growing year over year with new listings growth as well. This means 2024 is starting to look a lot like 2023 unless rates fall soon. From NAR : Total existing-home elevated 3.1% from December to a seasonally adjusted annual rate of 4.00

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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.

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Housing Wire

JANUARY 22, 2024

According to Zillow ’s annual predictions, Indianapolis will be the fourth-hottest real estate market of 2024, thanks to its solid economy, housing inventory, affordability and pent-up demand. The top three spots in the ranking were Buffalo, New York, and Cincinnati and Columbus, Ohio.

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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% million existing homes were sold, according to the National Association of Realtors.

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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. There is nothing to show.”

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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. And closed sales were also up about 1%, so overall just a little bit more of the same,” said Clare Losey, housing economist for the Austin Board of Realtors.

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Movoto

MARCH 8, 2024

And with the biggest inventory spike in nearly 3 years experienced in February, it looks like the market is starting to heat up. The housing market just saw its biggest inventory spike in nearly 3 years “New listings for homes for sale climbed 12.9% Louis; [link] , February 28, 2024. March 4, 2024, [link].

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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. Altos considers anything above a 30 to be a seller’s market.

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Housing Wire

SEPTEMBER 19, 2023

It’s not unusual for a little jump in new listings in September. This “higher for longer” conventional wisdom is working its way through the housing market. I interviewed Dr. Jessica Lautz from the National Association of Realtors for the Altos podcast and we talked about the prospect of 8% mortgage rates.

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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.

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Housing Wire

JANUARY 19, 2024

Today, we need context for the growth we’ll see in existing home sales in 2024. 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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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. Here are some of the big questions to ponder in 2024.

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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. National mortgage originations closed the year at less than $1.5

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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. And, despite the rise in new listings, the number of homes still on the market on Feb. in Q1 2024 (previous forecast: 7.0%) 6.2% in Q3 2024 (6.6%) 5.8%

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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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Lamacchia Realty

DECEMBER 19, 2023

The housing market is ever-evolving so staying prepared and ready to strike is the key to being successful! Be sure to work with an expert REALTOR® to make sure you are getting the most out of the home buying experience! Working with an experienced REALTOR® can help you get the most money for your home! What’s next?

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Lamacchia Realty

DECEMBER 19, 2023

The housing market is ever-evolving so staying prepared and ready to strike is the key to being successful! Be sure to work with an expert REALTOR® to make sure you are getting the most out of the home buying experience! Working with an experienced REALTOR® can help you get the most money for your home! What’s next?

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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’s happening in the market? What does this mean for Buyers ?

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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. housing market is experiencing a price “correction,” defined as a 10% price drop from its most recent peak. That’s according to a survey of 1,002 Hispanic Americans by The National Association of Realtors®. >>

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Will Springer Realtor

JANUARY 9, 2024

The Federal Reserve recently updated its forecast, hinting at a potential decrease of about 75 basis points (0.75%) in its short-term lending rate by the year’s end – promising news for borrowers in 2024. The 802 new listings last month were a low not seen since records were archived online from 1990.

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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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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% by the end of 2024. While there were 5.8%

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Will Springer Realtor

NOVEMBER 14, 2023

Worsening affordability issues and lower-than-usual inventory have prompted many consumers to watch this housing market from the sidelines – without the picket lines. October figures from the Northwest Multiple Listing Service strongly suggest prospective buyers and sellers are taking a wait-and-see approach. in 2024 and 4.5M

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Will Springer Realtor

AUGUST 11, 2023

also the oldest age of a first-timer ever recorded by the National Association of Realtors® (NAR). We need to take an approach to the housing crisis that embraces change, is inclusive and extremely productive. King County new listings fell 13% from June to July (2158), led by a 20% slide in Seattle (690).

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Will Springer Realtor

DECEMBER 12, 2023

To a happy 2024! = I wrote in this newsletter 12 months ago about the bumpy – maybe even bruising – housing market of 2022 across Puget Sound and most of the country. Just for Fun: In December 2022, the National Association of Realtors® projected mortgage interest rates would be 5.7% 19) at 10am PT.

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Will Springer Realtor

MAY 9, 2022

The result will create more workforce housing for people who are typically outside the high-wage-earning tech sector and want to be near their Eastside jobs. Thankfully, the 2024 planned opening of Link light rail ’s East Link Extension to Bellevue and Redmond will present a viable option if living on the other side of Lake Washington.

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Will Springer Realtor

FEBRUARY 9, 2022

The aim is to generate more multi-family housing, from duplexes to fourplexes. The House version, HB 1782 , is backed by developer and Realtor® lobbyists, Habitat for Humanity and environmental groups, according to The Seattle Times. For our housing market, it’s time to have that talk. home buyers.

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Will Springer Realtor

MAY 12, 2021

Roughly 20 million Millennials will be entering their 30s, typically the time they purchase their first home, between now and 2024. Icon is on a mission to change the way we house the homeless and others. housing market needs 3.8 That’s 52% higher than 2018, when Freddie first began looking at housing shortages. . >>

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