Housing Wire

MARCH 1, 2024

We were up year over year in inventory , but we were at a 25 year low on new listings.” Both buyers and sellers are coming back to the market,” Fischer said. With existing inventory down, Schuler said new construction has taken on a larger role in his market. Data from Altos Research backs up Fischer’s observations.

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Housing Market Marketing Inventory Construction 410

Housing Wire

MARCH 28, 2024

The past year and a half, with its rising mortgage rates , low inventory, and economic uncertainty, has been a challenge for real estate pros, not to mention the buyers and sellers they serve. Make sure you’re ready to share new listings and that potential clients can easily contact you through your platforms.

Real Estate Agent 365

Real Estate Agent Real Estate Agents Clients 365

Housing Wire

AUGUST 23, 2023

Builders are taking advantage of the housing market inventory issues , which is why new home sales are growing yearly, even with higher mortgage rates. Census Bureau and the Department of Housing and Urban Development. While existing home sales are still negative year over year, new home sales are growing year over year.

Mortgage 367

Mortgage Inventory Construction Sellers 367

Will Springer Realtor

AUGUST 15, 2023

Ah, for the good old days of 2019 – when we could stomach home prices closer to the mid-million-dollar mark and housing options were somewhat plentiful amid a mildly competitive buyer environment. King County new listings fell 13% from June to July (2158), led by a 20% slide in Seattle (690). on the Eastside. The county saw a 4.9%

Sellers 60

Sellers Buyers New Listings Inventory 60

Housing Wire

APRIL 22, 2024

It was listed at (list price) and sold well above the asking price. There are still plenty of buyers interested in this area. In fact, we had (number) offers, which means there are still ready, willing, and qualified buyers eager to make an offer! If you don’t have active buyers, ask around the office.

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Real Estate Open Houses Brokerage Real Estate Agent 351

Housing Wire

OCTOBER 13, 2023

They need new listings and they are so desperate that they might take a fraudulent listing.” As AI technology continues to develop with improvements to things like deep fakes and voice cloning, Adams said it is going to be even easier for fraudsters to seem legitimate and build trust with victims. It is brute force.

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Real Estate Agent Real Estate Agents Sellers 408

Housing Wire

JUNE 21, 2021

. “I never know how my day is going to go, because when a new listing comes on the market in Knoxville, the race is on. ” Poveda said he usually discourages his buyers from waiving an appraisal — a popular tactic that has popped up during the housing craze of the last 18 months. It’s like a horse race.

Housing Market 424

Housing Market Marketing Realtors Inventory 424

Will Springer Realtor

AUGUST 11, 2023

As the chart shows, a historically large segment of Millennials is inching toward 36, the median age of a first-time home buyer in the U.S. An index score of 100 means that a buyer with a median U.S. The City of Renton reported in June that 92% of the 7800 new units in the permitting pipeline are expected to be market-rate rentals.

Buyers 36

Buyers Development Construction New Listings 36

Empire Appraisal Group

MARCH 11, 2021

Buyers | Florida Realtors. It adds yet another challenge for local buyers. They describe how local buyers have lost out to COVID-driven buyers from New York and other northern states. Other newly arrived businesses are adding to the demand for housing as they bring employees with them or create new positions.

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Buyers Real Estate Realtors Brokerage 78

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. They should know which subdivisions, developments or specific areas are selling quickly and which ones are not.

Buyers 36

Buyers Agents Real Estate Agent Real Estate 36

Housing Wire

NOVEMBER 9, 2023

The only question is whether you will be the one to list (or sell) the next homes in your market. When you list two homes per month, you will automatically attract buyer business as well, so focus on listings. You sell the lot and list the spec home, often bringing the buyer as well.

Real Estate Agent 378

Real Estate Agent Real Estate Agents Open Houses 378

Housing Wire

NOVEMBER 16, 2020

The city’s housing dynamics point to strong buyer demand, which fueled a 16.8% year-over-year gain in listing prices during the week of Nov. While about 50% of the metro area’s buyers are local, an additional 17% of buyers come from other Texas cities, like Dallas and Houston. 7,” Raitu said.

Housing Market 412

Housing Market Real Estate Agent Marketing Real Estate 412

Housing Wire

FEBRUARY 24, 2023

They don’t ever have to have the conversation about how low their total payment is in the new home they’re buying, unlike some of their buyers (which explains higher cancellation rates). Census Bureau and the Department of Housing and Urban Development. To get more inventory you need more Americans to list their homes.

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Inventory Construction Housing Market Mortgage 441

Housing Wire

NOVEMBER 30, 2021

What matters for your market (wherever you are) is what patterns are developing near you. Studying listing information for the current year and comparing with past years?—?list?prices,?new new listings, sold listings, days on market, off-market listings?—?will is of little use?if?you’re?in will help you?identify?the

Real Estate 428

Real Estate Agents Real Estate Agent Business 428

Will Springer Realtor

DECEMBER 12, 2023

The Eastside led the way with a 33% drop-off in new listings (420) and Seattle fell 31% (586). By comparison, there were exactly 2900 new listings across our county in November 20 years ago. While it joined the single-family category with far fewer new listings (down 33% in the last month alone!) higher YoY.

Housing Market 42

Housing Market Marketing New Listings Buyers 42

Housing Wire

JULY 25, 2022

“We calculate that over 80% of metro areas are meaningfully overvalued,” Zandi said during the Recursion webinar. “… First-time homebuyers are locked out because they just simply can’t afford to buy … and trade-up buyers are locked in [with interest rates well below current market levels]. “So, Home prices were largely flat.

Housing Market 393

Housing Market Marketing Supply Chain Real Estate 393

Will Springer Realtor

FEBRUARY 9, 2022

The affordability question is becoming more difficult to justify too, as home prices and interest rates rise amid other challenges facing buyers.“That’s Buyers with the deepest pockets may wait, however. home buyers. Yes, buyers and sellers, we are in a rare price correction period for single-family home sales in King County.

Buyers 36

Buyers Law Inventory Development 36

Lamacchia Realty

MARCH 29, 2022

It also looks at other metrics like New Listings and New Pending Sales as they are often the best indicators for predicting future trends in the market The inventory crisis last year caused demand to spike higher than ever by fall and into the winter, which in turn caused prices to continue to increase significantly.

New Listings 53

New Listings Inventory Realty Buyers 53

Will Springer Realtor

APRIL 9, 2024

That was highlighted by a 30% month-to-month gain in total home sales (single-family, townhome and condos combined) across the county in March and unseasonably low supply for buyers. The 2166 single-family new listings in King are the lowest of any March since records were archived online in 1991. above the list price.

Marketing 60

Marketing Inventory Buyers Sellers 60

Housing Wire

NOVEMBER 5, 2023

Real estate prospecting is a necessary activity for agents aiming to build a robust pipeline of buyer and seller leads. However, it often yields quicker results as it entails direct engagement with potential buyers and existing property owners. It is also possible to purchase lists , although this method feels a little spammy to me.

Real Estate 405

Real Estate Tools Real Estate Agent Open Houses 405

Lamacchia Realty

JANUARY 24, 2022

It also looks at other metrics like New Listings and New Pending Sales as they are often the best indicators for predicting future trends in the market. Broward County single family sales, new listings and pending sales decreased, but average price increased year over year. Broward County. What's Ahead?

New Listings 49

New Listings Inventory Buyers Realty 49

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. Despite this decline, motivated buyers were out there trying to secure a home while also trying to navigate lower affordability and low inventory. Sales in New Hampshire declined by 18.9%

Inventory 52

Inventory Sellers Buyers Contracts 52

Will Springer Realtor

MARCH 12, 2024

As a result, home buyers and sellers across Seattle/King County saw a mixed bag of activity in February, according to the Northwest Multiple Listing Service (MLS). This return of buyers follows a sluggish late 2023. Months of inventory continue to be a burden on all buyers. A typical Seattle condo fetches $558,000, up 3.8%

Buyers 57

Buyers Construction Sellers Inventory 57

Empire Appraisal Group

MARCH 16, 2023

These conversations are dicey in normal times, and even more so as the market shifts in favor of buyers. More buyers were offering all-cash than before, and many were willing to go above and beyond ask to secure the deal. This tells sellers that there is more product on the market for buyers to choose from.

Sellers 78

Sellers Inventory Realtors Clients 78

Lamacchia Realty

FEBRUARY 25, 2022

It also looks at other metrics like New Listings and New Pending Sales as they are often the best indicators for predicting future trends in the market The inventory crisis last year caused demand to spike higher than ever by fall into winter, which in turn caused prices to continue to increase significantly. Broward County.

New Listings 41

New Listings Inventory Realty Buyers 41

Will Springer Realtor

JANUARY 9, 2024

Perhaps too late in the year to make a difference to many, at least the Fed’s upbeat forecast offers renewed hope for the pent-up pool of prospective buyers – possibly sellers, too – to seek out a new home in the coming 12 months. The 802 new listings in December was a low not seen since records were archived online from 1990.

Housing Market 61

Housing Market Marketing Inventory Lending 61

Will Springer Realtor

SEPTEMBER 12, 2023

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

Finance Inventory Construction Buyers 68

Hank Miller Team

JANUARY 9, 2024

We can however, develop supported opinions by combining recent data, extensive local experience and cautious interpretation of the variables mentioned above. Buyers have largely adjusted to the rates and the expectation is that the Fed will begin cutting by mid year. Spring typically sees listings jump, we will see it again this year.

Real Estate 40

Real Estate Marketing Contracts Sellers 40

Will Springer Realtor

OCTOBER 10, 2023

This is the season when buyers can take advantage of homeowners wishing to sell before the holidays and are showing a willingness to budge on price or make other concessions. We are starting to see all of those signs following the release of September housing data from the Northwest Multiple Listing Service (MLS). 1 and Oct.

Buyers 64

Buyers Inventory Sellers Housing Market 64

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. The big twist? A sharp increase in interest rates. We’re looking at around 3.8

Real Estate 69

Real Estate Sellers New Listings Inventory 69

Will Springer Realtor

MARCH 10, 2023

Unless the listed home is in a favorable location, priced competitively and move-in ready, activity has been somewhat muted as prospective buyers and sellers wait for economic conditions to improve. at the Estates, which will share space with a new InterContinental Hotel. List: $2.95M ($652/sq. List: $4,880,098 ($1258/sq.

Construction 36

Construction Modernization Buyers Inspection 36

Listing Spark

NOVEMBER 6, 2023

By searching in and around these two markets, investors can find plenty of properties, from single-family residences that can be renovated and sold to raw land that may be on the development fast track in just a few short years. Investors also compete with highly motivated residential buyers, so speed is important.

Investors 36

Investors Investing Real Estate Agent Real Estate 36

Listing Spark

JUNE 16, 2023

Focusing on major Texas metro areas like Austin, DFW, Houston, and San Antonio, Aaron discusses important trends and developments that homeowners, investors, and anyone interested in real estate should be aware of. However, a decrease in new listings is helping to stave off even higher inventory.

Real Estate 36

Real Estate Marketing Inventory Sellers 36

Will Springer Realtor

NOVEMBER 14, 2023

Beyond labor strife, America’s home buyers and sellers appear to be on strike as well. October figures from the Northwest Multiple Listing Service strongly suggest prospective buyers and sellers are taking a wait-and-see approach. New listings in King were off 26% month-to-month (1583) and Active listings were down 9.4% (2296).

Inventory 36

Inventory Buyers Sellers New Listings 36

Will Springer Realtor

JUNE 13, 2023

Unfortunately for buyers, both figures – prices and rates – are climbing, raising the hurdle to homeownership even higher for many. The pandemic housing market was super-charged by historically low interest rates and buyers seeking more spacious properties amid global health fears. in Seattle.

Buyers 36

Buyers Inventory Construction Finance 36

Will Springer Realtor

MAY 13, 2024

Even with aggressive changes to state and local zoning and fewer obstacles for building developers, the highly regarded Urban Institute estimates that by 2044 the Puget Sound region will be 140K homes shy of real demand. The favorable boost in supply is the result of fewer buyers and sellers compared with most spring seasons.

HOA 36

HOA Transportation Construction Buyers 36

Will Springer Realtor

DECEMBER 11, 2022

This year’s “cold down” is stark, with 36% fewer new listings and about 26% fewer homes under contract (Pendings) for all King County home types combined as well as single-family structures alone – and that’s simply from October to November. The number of active King County listings, as of Dec. 1, was about 17% lower than Nov.

Inventory 36

Inventory Construction Supply Chain Buyers 36