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Where are home prices headed this spring?

Housing Wire

So while we can see currently the prices of home sales holding up, the signals for the end of 2024 and into 2025 seem to suggest we’re heading for flat home prices. More sellers means more sales will happen. New listings Each week this spring we’ve been tracking the new listings volume. A year with 5.5

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How this week’s Fed meeting could impact inventory

Housing Wire

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.

Inventory 384
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A soft landing for the real estate market. What’s next?

Housing Wire

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. The median price of the homes in contract is higher than last year and the new sales each week are up a few percent over last year. is $450,000.

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Eastside Residential Market Sees Big Gains in Sales, Prices

Will Springer Realtor

It was particularly true on the Eastside, where sales surged 52% from February to March and 9% year-on-year (YoY) and inventory narrowed to under a month (29 days) before all homes for sale would theoretically be under contract if no others hit the market. However, we are missing the typical boost of sellers. in Snohomish, 4.6%

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Mostly Positive Start to 2024 Housing Activity in Seattle/King County

Will Springer Realtor

We know buyers are eager to purchase properties, as 39% more homes went under contract in January (1719 units) compared with the previous – admittedly quiet – month. And, despite the rise in new listings, the number of homes still on the market on Feb. fewer (1842) than on Jan. from a year ago. from a year ago.

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Housing Data – Including Prices – Jump in Latest Market Review

Will Springer Realtor

Every key data point from the Northwest Multiple Listing Service (MLS) gained ground against the previous month – as often happens with the spring housing season taking stride – including the number of new and active listings, homes going under contract and final sales. Prices rose, too, to near-record highs.

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High Financing Hurdles Lead to Low Housing Activity in Seattle/King County

Will Springer Realtor

The market is spooking many potential buyers and sellers thanks to stubbornly high mortgage interest rates. Only buyers and sellers who must move are doing so. fewer new listings, the rate of sales rose 1.7% fewer new listings (1998) compared to July and 5.0% While there were 5.8% against the previous month.

Finance 68