Housing Wire

NOVEMBER 21, 2023

Homes typically go under contract a month or two before the closing, which means the October data largely reflects purchase decisions made in August and September. At the same time, existing inventory has likely already bottomed out and new listings are keeping steady despite normal seasonal declines. All four U.S.

Inventory 409

Inventory Realtors New Listings Contracts 409

Housing Wire

NOVEMBER 28, 2023

The Case-Shiller index measures repeat sales data and reflects a three-month moving average, meaning that it tracks homes that went into contract in July, August and September. Simultaneously, new listing volume is up at the end of November, which might cool home prices down.

New Listings 400

New Listings Contracts Inventory Sellers 400

Housing Wire

DECEMBER 2, 2021

During the four week period ending November 28, the number of active listings was a 23% decrease compared to the same time period in 2020 and a 42% drop compared to 2019. The number of new listings was also down compared to 2020, dropping 4%, but it was 12% higher than the number of new listing during the same time period in 2019.

Inventory 508

Inventory New Listings Contracts Housing Market 508

Housing Wire

MAY 4, 2023

On the one hand, elevated mortgage rates continue to erode buyers’ purchasing power, and in some markets, home prices are falling. The number of new listings coming on the market this spring is lower than it has been in more than a decade. Sales and new pending contracts are below pre-pandemic levels.

Housing Market 420

Housing Market Marketing Inventory Buyers 420

Housing Wire

APRIL 26, 2023

Plenty of buyers, but not enough homes for sale,” California-based mortgage loan officer Dan Stone, who works with hundreds of mortgage lenders, told HousingWire. Prices are still expensive, forcing buyers to look at less expensive homes or areas not as preferred. There are still so many borrowers looking to purchase a home.

Mortgage 397

Mortgage Loan Officers New Listings Government 397

Housing Wire

AUGUST 27, 2020

The seasonally-adjusted index measuring signed contracts was up 15.5% year over year, largely on the back of pent-up demand from buyers who were unable to strike deals during the spring, said Lawrence Yun, chief economist of the National Association of Realtors. “We pending home sales rose 5.9%

Contracts 485

Contracts Realtors New Listings Real Estate 485

Housing Wire

JANUARY 20, 2023

From NAR : “December was another difficult month for buyers, who continue to face limited inventory and high mortgage rates ,” said NAR Chief Economist Lawrence Yun. During that period, we saw new listing data decline. Also, this is what the Federal Reserve wants.

Inventory 541

Inventory Housing Market New Listings Marketing 541

Housing Wire

MARCH 26, 2023

Active inventory fell 1,109, and new listing data made a lovely comeback week to week but was still noticeably down year over year. One piece of good news last week was that the new listing data, which saw a significant collapse two weeks ago, rebounded excellently to return to a usual trend.

Inventory 450

Inventory Housing Market Marketing Mortgage 450

Housing Wire

SEPTEMBER 30, 2020

” Kanacki’s market, like many others, remains competitive as buyers continue to experience bidding wars amid historically low housing inventory and an uptick in home prices. “I 20, the National Association of Realtors said that contract signings were up 23% year over year. Over the last four weeks ending on Sept.

Real Estate Agent 546

Real Estate Agent Real Estate Agents Realtors 546

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? Home buyers got spooked when mortgage rates passed 5.5%. In April, May and June, when rates spiked dramatically from 3% to 6%, we saw inventory rise as buyers pulled back.

Real Estate 324

Real Estate Marketing Inventory Sellers 324

Housing Wire

SEPTEMBER 22, 2022

From NAR Research : “Total existing-home sales notched a minor contraction of 0.4% Existing home sales have more legs to go lower, especially now that new listing data is falling. from July to a seasonally adjusted annual rate of 4.80 million in August.” All in all, the report looks right to me.

Inventory 458

Inventory Housing Market New Listings Mortgage 458

Housing Wire

FEBRUARY 12, 2024

New listings each week, which were record few last year, are growing now. New listings volume climbing I want to start today with the new listings volume, which is notably finally climbing over last year’s anemic levels. There were 66,000 new listings this week, of which 14,000 are already in contract.

Sellers 424

Sellers Housing Market Buyers New Listings 424

Eppraisal

NOVEMBER 2, 2021

Finding a real estate agent who specializes in working with buyers is critical. Working with buyers requires a different skill-set than working with sellers. A buyers agent's job requires many more key skills. Knowledge of the Area Your buyer's agent should also know the area like the back of his/her hand.

Buyers 36

Buyers Agents Real Estate Agent Real Estate 36

Eppraisal

JANUARY 10, 2023

It is imperative to find a buyer's agent who will work hard for you, understanding both your desires and financial realities in securing the ideal home. It is highly recommended to interview several real estate agents before you hire your "buyer's agent" While interviewing agents, there are five key questions to ask.

Agents 36

Agents Buyers Real Estate Agent Brokerage 36

GoForrmz

OCTOBER 26, 2022

From virtual tours to real estate apps, it now takes less time and effort to communicate between sellers and buyers. Buyers and sellers can be in completely different parts of the world and still access their contracts at any time! Technology has now taken over and revamped the way we interact with property. We know the feeling.

Real Estate 78

Real Estate Contracts Clients Real Estate Agent 78

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. In total, new listings data is 14% more than last year.

New Listings 500

New Listings Inventory Contracts Sellers 500

Hank Miller Team

JANUARY 9, 2024

The high water marks of late spring '22 are visible Rate shocks bottomed in late '22 and over'23 prices climbed back ending up in all categories Peaks to current see about even list prices with 5-5.5 Buyers have largely adjusted to the rates and the expectation is that the Fed will begin cutting by mid year.

Real Estate 40

Real Estate Marketing Contracts Sellers 40

Hank Miller Team

OCTOBER 1, 2021

Are backup offers good options for home buyers and sellers? In highly competitive housing markets with desperate buyers and multiple offers, it might seem pointless to write a backup offer, but why not? Buyers and sellers have different considerations, but backup offers can be good options for each. What is a Backup Offer?

Sellers 52

Sellers Contracts Buyers New Listings 52

Housing Wire

APRIL 1, 2024

New listing volume last week was 18% more than a year ago. Pending sales Last week saw 69,000 new contracts for single-family home purchases across the country. That brings us to 367,000 single-family homes in the contract pending stage. That’s 60,000 new listings and another 17,000 immediate sales.

Inventory 466

Inventory New Listings Contracts Sellers 466

Hank Miller Team

APRIL 6, 2022

Traditionally, the months of May and June see the most new listings as the school cycle hits – graduating families sell and rising families buy. The charts below focus on key indicators; number of listings, number of sales, days on market and sale to list ratio. Buyers have to embrace measured risk right now.

Inventory 94

Inventory Contracts Buyers Sellers 94

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. The bearish take would be to highlight the fact that there are more sellers than buyers, which could lead to a decline in home prices in the near future.

Mortgage 411

Mortgage New Listings Inventory Sellers 411

Housing Wire

AUGUST 18, 2023

Or, are sellers in the subject neighborhood typically settling at about 95% of the list price? How would it compare in the eyes of the buyer? If you’re showing your new listing versus its competition, do you look priced right , overpriced or priced so well you’d be dying to write an offer and snap it up?

Sellers 370

Sellers Construction Real Estate Finance 370

Miller Samuel

JUNE 28, 2020

DOM can be measured in several ways, but the one I see used the most is the average number of days between the last price change, if any, and the contract date (or today’s date if it has not sold.) The longer a listing sits on the market as compared to other listings, the more likely it is over-priced. Ignoring the buyers.

Housing Market 221

Housing Market Marketing Real Estate Sellers 221

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. But when you add a spike in mortgage rates that makes homebuying less affordable, that leads to fewer buyers and inventory grows. There are now 385,000 single-family homes under contract.

Inventory 524

Inventory New Listings Sellers Contracts 524

Housing Wire

APRIL 29, 2024

The weekly volume of new listings is now higher than at anytime last year. The bearish take is that there are many more sellers than buyers and inventory is rising. The bearish take is that there are many more sellers than buyers and inventory is rising. There’s two ways to interpret these trends. orate further?

Sellers 485

Sellers Marketing Inventory Contracts 485

Housing Wire

JANUARY 22, 2024

Those metrics, specifically the pace of new listings and new sales contracts, slowed this week. Our immediate sales metric of homes that get offers within a couple days of listing also slowed. New listings and new contracts both still show a bit of improvement over 2023, but the growth rates have slid back down.

Real Estate 455

Real Estate New Listings Contracts Inventory 455

Housing Wire

JULY 21, 2021

“Many buyers who have been priced out of the market for single-family homes have turned to condos,” Fairweather said. “Earlier in the pandemic, many buyers shunned small condos in favor of large detached homes with space for offices and homeschooling. year over year, and pending sales were up 38.2% year over year.

Buyers 432

Buyers New Listings Contracts Marketing 432

Housing Wire

APRIL 15, 2024

New listings Inventory growth is from a combination of fewer buyers as affordability worsens, but also gradually improving seller volume. There were 66,000 new listings unsold last week plus another 20,000 immediate sales for 86,000 total new listings. That’s just 4% more than last year at this time.

Inventory 428

Inventory Mortgage New Listings Sellers 428

Housing Wire

MARCH 22, 2024

In the nearby metro area of Cape Coral-Fort Myers , active single-family inventory over the previous 90 days averaged 6,500 listings as of March 15, above its March 2020 level of 5,044 listings and approaching its March 2019 level of 7,243 listings. Smith attributes the uptick in inventory to a bump in new listings.

Insurance 417

Insurance Inventory Marketing Real Estate 417

Housing Wire

FEBRUARY 5, 2024

This is not a recipe to keep the home buyer momentum we saw building in December. Remember that the way to more selection for home buyers is with higher mortgage rates. Spring buyers’ market It’s the spring buyers market and inventory is falling each week. There are more buyers than sellers. A few years.

Mortgage 440

Mortgage Inventory Sellers New Listings 440

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.

Real Estate 454

Real Estate Marketing Tools Sellers 454

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. That’s down 8.5% fewer than a year ago.

Inventory 473

Inventory Contracts New Listings Sellers 473

Birmingham Appraisal

JUNE 1, 2022

If financing were not an issue, and the buyer couldn’t care less about how their contract price compared to other similar properties, it would just be a matter of connecting the buyer with the seller and signing on the dotted line, but life isn’t always so easy. Don’t Get Stuck In The Past.

Agents 52

Agents Marketing Contracts Inventory 52

Housing Wire

JANUARY 8, 2024

There are now 247,000 single family homes in contract. That is 4.25% more homes in contract now than last year at this time. New contracts up New contracts were 13% more than last year during the first week of January. If they have buyers, the price of the new listings spikes up quickly.

Real Estate 496

Real Estate Marketing Inventory New Listings 496

Housing Wire

AUGUST 7, 2023

Higher mortgage rates mean higher monthly payments, less affordability for home buyers and slightly fewer transactions. It started curving down, but in September the buyers stopped and inventory surged. It was that jump that stopped any buyers cold — the moment of change where people stopped buying.

Inventory 349

Inventory New Listings Contracts Buyers 349

Housing Wire

MARCH 18, 2024

Lower rates mean more buyer competition and less unsold inventory. 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. This is a pivotal time for measuring buyer demand.

Inventory 438

Inventory New Listings Sellers Contracts 438

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.

Inventory 491

Inventory Contracts New Listings Mortgage 491