Remove Construction Remove Development Remove Finance Remove New Listings
article thumbnail

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

Will Springer Realtor

fewer new listings, the rate of sales rose 1.7% Two data points stood out from the latest report by the Northwest Multiple Listing Service: The aforementioned new listings for all homes in the county – 2684 – is at a low not seen for an August since records were shared with brokers (like me) dating back to the mid-1990s.

Finance 68
article thumbnail

February 2022 South Florida Housing Report

Lamacchia Realty

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

January 2022 South Florida Housing Report

Lamacchia Realty

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.

article thumbnail

King County Home Buyers and Sellers in ‘Re-Evaluation’ Mode

Will Springer Realtor

The season has been shaped by slumping new listings, a slowly climbing number of homes sitting on the market from previous months, fewer closed sales compared to last year and prices moving plus/minus five percentage points year-on-year (YoY). monthly decline in available Seattle listings (793). The county saw a 4.9%

Sellers 60
article thumbnail

December 2021 South Florida Housing Report

Lamacchia Realty

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?

article thumbnail

Residential real estate activity picks up despite low inventory

Housing Wire

After a slow start to the year, housing markets in upstate New York have also started to pick up, with bidding wars and multiple offers becoming more common. A key factor suppressing new listings is the prevalence of homeowners with historically low interest rates on their existing mortgages, reducing the incentive to sell and move.

Inventory 423
article thumbnail

Affordability Woes Keep King County Housing Activity on Slow Burn

Will Springer Realtor

Higher mortgage rates make monthly financing payments more expensive – not to mention more frustrating – and can often push homeownership further out of reach for younger buyers. Supply of resale housing (as opposed to new construction) is shrinking across our region. In March, 33% of homes listed for sale in the U.S.

Buyers 36