Housing Wire

NOVEMBER 20, 2023

Last week, I asserted that housing inventory growth had finished for the year. This week, the available inventory of unsold single-family homes crept up minimally. Housing inventory inches up There were 570,000 single-family homes on the market, or 0.5% Turns out I was wrong! After all, more sellers means more sales in 2024.

Inventory 425

Inventory New Listings Housing Market Sellers 425

Housing Wire

NOVEMBER 27, 2023

If you follow real estate data closely, you’ll know that inventory rose late into November. You also know that new listings are up over last year, too. Inventory (finally) peaks for the year Housing inventory was down by 0.7% Inventory hit 566,000 homes on the market, meaning there are 0.5% Short on time?

New Listings 488

New Listings Contracts Inventory Housing Market 488

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. There can be numerous reasons for a slowdown in pending sales.

Agents 52

Agents Marketing Contracts Inventory 52

Housing Wire

DECEMBER 4, 2023

New listings and home sales remain low this week while available inventory of unsold homes is finally falling across the country after rising with mortgage rates late into November. It’s looking like we’ll end 2023 with higher housing inventory than this time last year. Inventory is 1.2% housing market in 2024.

Housing Market 483

Housing Market Marketing Inventory New Listings 483

Housing Wire

APRIL 13, 2024

Now that this technical level has been broken, 2024 is going to be a lot more interesting, something I discussed in an interview with Yahoo Finance. Some will say that bonds rallied ahead of the pending war news on Friday, but we will get a better answer Sunday night with bond market trading.

Inventory 458

Inventory Mortgage New Listings Retail 458

Housing Wire

OCTOBER 31, 2023

At least, that’s what the data seems to suggest as inventory grows and new listings decline at a less aggressive rate than last year. Inventory creeps up There are now 562,000 single-family homes on the housing market. Don’t be surprised if inventory keeps climbing next week into November. Don’t have time?

New Listings 488

New Listings Inventory Contracts Housing Market 488

Housing Wire

NOVEMBER 6, 2023

Inventory continues to build There are 567,000 single-family homes on the market. Housing inventory. Remember the Altos rule: If mortgage rates go up, inventory will build in 2024. If rates fall, inventory will also come down again. If rates fall, inventory will also come down again. As expected, that’s up 0.7%

Housing Market 497

Housing Market Marketing Inventory Contracts 497

Housing Wire

SEPTEMBER 7, 2023

Rising mortgage rates mean rising inventory as home buyer demand slows quickly. Most years, available inventory of unsold homes on the market peaks in August. This year inventory is still climbing. This caused inventory to rise dramatically late into October. Less demand means fewer purchases and inventory builds.

Contracts 426

Contracts Inventory Buyers New Listings 426

Housing Wire

APRIL 9, 2024

Additionally, last week added only 55,000 new listings for single-family homes, down 8.5% Some markets like Southwest Florida posted big inventory gains, while others, like Boston , are still climbing off pandemic lows. from the week prior and down 1.5% from a year ago, according to Altos data.

Mortgage 395

Mortgage New Listings Inventory Contracts 395

Eppraisal

OCTOBER 2, 2021

The demand for homes has been and is still high, as eager buyers rush to new listings and submit offers quickly. Your agent should know the real estate contract like the back of her hand. There are attorney, inspection, appraisal and financing contingencies to consider, to name a few.

Agents 36

Agents Real Estate Agent Marketing Real Estate 36

Housing Wire

OCTOBER 24, 2023

Inventory is up as homes sit for longer As of Oct. Inventory is growing faster than last year at this time. There were only 57,000 new listings of single-family homes unsold again this week. Meanwhile, we saw 55,000 new contracts for single-family homes this week. That’s up 1.5% from last week.

Contracts 457

Contracts Inventory New Listings Housing Market 457

Housing Wire

JUNE 21, 2021

Currently on Realtor.com , more than 2,000 homes are currently on the market in Knoxville with an average listing price of $270,000. But like the rest of the country, low housing inventory has hit the city hard. The KAAR also said housing inventory dropped for six straight months to start the new year. year-over-year.

Housing Market 424

Housing Market Marketing Realtors Inventory 424

Will Springer Realtor

MAY 9, 2023

Falling new inventory is constraining transaction volumes while also supporting higher home prices. April’s figure was 37% lower than a year ago and, for context, the five-year average of new listings for the month just before the pandemic began was 4021. The inventory may not be there, but the demand sure is.

New Listings 59

New Listings Inventory Buyers Sellers 59

Will Springer Realtor

SEPTEMBER 12, 2023

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

Finance Inventory Construction Buyers 68

Will Springer Realtor

APRIL 9, 2024

“Cold water” comes from the central bank’s intent to maintain high financing costs for banks that borrow from other financial institutions. Despite a challenging financing environment, the Seattle/King County housing market is moving forward. months (20 days) of available inventory. months of inventory on the Eastside and 1.0

Marketing 60

Marketing Inventory Buyers Sellers 60

Will Springer Realtor

FEBRUARY 13, 2024

The number of newly listed homes more than doubled from December and increased moderately compared with the same time last year, according to data from the Northwest Multiple Listing Service (MLS). Total inventory remains low, however, keeping prices higher on an annual basis. fewer (1842) than on Jan. from a year ago.

New Listings 54

New Listings Buyers Inventory Lending 54

Will Springer Realtor

MAY 14, 2024

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. months of inventory, including 1.3

Marketing 36

Marketing Inventory Buyers Sellers 36

Lamacchia Realty

JULY 22, 2022

Highlighted in this report are the average sale prices for single-family, condominiums, and multi-family homes in Massachusetts along with the number of homes listed for sale, placed under contract, and price adjustments. Homes Listed for Sale. People will list if they need to make a move. Sales Decrease by 11.3%.

Sellers 73

Sellers Buyers Inventory Contracts 73

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. Notably, the Eastside saw a 25% decline in Pending sales (homes under contract) but are still 9.2% Inventory was at 1.9

Housing Market 42

Housing Market Marketing New Listings Buyers 42

Will Springer Realtor

MAY 13, 2024

Housing inventory nationwide flipped from oversupply to undersupply about a dozen years ago when consumers and the banking industry began to slowly rebound financially from the Great Recession. America’s shortfall is most acute with the most vulnerable, as affordable housing inventory has been shrinking for decades.

HOA 36

HOA Transportation Construction Buyers 36

Will Springer Realtor

AUGUST 15, 2023

Mortgage rates are high, home prices are high, there’s no inventory.” 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). drop (542).

Sellers 60

Sellers Buyers New Listings Inventory 60

Will Springer Realtor

MARCH 14, 2023

“The number of homeowners deciding to sell continues to lag, but inventory and time on market continue to [mostly] climb, reflecting still-hesitant buyers.” No existing homeowner wishes to finance a property if locked in to a pandemic-influenced mortgage with an interest rate of around 3.8% (the national average of all mortgage holders).

Marketing 36

Marketing Buyers Inventory Sellers 36

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. Buyers and sellers tiptoed through caution. reading and a sharp slide from 7.1%

Real Estate 68

Real Estate Buyers Sellers Inventory 68

Will Springer Realtor

JUNE 13, 2023

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. Despite high interest rates, some hungry buyers are competing over limited inventory. months’ total inventory in the county, down from 1.4 There are 1.3

Buyers 36

Buyers Inventory Construction Finance 36

Will Springer Realtor

JANUARY 10, 2023

The number of new listings for all home types – single-family, townhomes and condos combined – in King (887) fell 47% from November and declined 36% from December 2021. Homes going under contract (Pending sales) dropped 25% from the previous month and by 30% year-on-year (YoY) – staggering drop-offs. Across King, there were 1.7

Housing Market 36

Housing Market Marketing Inventory Real Estate 36

Will Springer Realtor

JULY 11, 2023

The county saw the combined number of single-family, townhome and condo listings increase in June by 4.4% While that percentage may appear strong, it’s nothing compared to the April-to-May rise of 18%, signaling a probable cooling of new listings in the future. New single-family-home listings rose 3.8%

Housing Market 36

Housing Market Buyers Inventory Real Estate 36

Will Springer Realtor

JANUARY 9, 2024

The most significant impact of reduced finance costs is the potential for lowering barriers to homeownership, which has reached unprecedented heights in the past two years. 1, that requires buyers wishing to work with a licensed real estate broker to sign a services contract. Olympia also established a law, effective Jan.

Mortgage 36

Mortgage Real Estate Law Lending 36

Will Springer Realtor

JULY 8, 2022

Except for crypto , the rising cost of nearly everything – gas, groceries and going to see grandma – has forced many of us to recalibrate our finances. The King County housing market has seen inventory increase by 55% in the past month, while the number of homes going under contract fell 22% from May to the lowest June level since 2011.

Housing Market 36

Housing Market Marketing Inventory HOA 36

Will Springer Realtor

MAY 9, 2023

Almost since the start of the pandemic, homeowners have been spending more time enjoying their low-financed houses and condos. They have also been spending oodles of money to shape their residences to meet new living needs – modern and spacious, when possible – as households live in their homes for longer. 2 in the U.S. Portland, Ore.,

Real Estate 36

Real Estate Modernization Construction Supply Chain 36

Will Springer Realtor

OCTOBER 11, 2022

We are now seeing “7s” in front of some rates to new mortgage consumers – a figure not seen since April 2002 – causing applications for new loans to hit a 25-year low this month. ( We are all sensitive to rising interest rates, particularly when attempting to finance the largest purchase of our lives. months’ inventory.

Housing Market 36

Housing Market Marketing Buyers Real Estate 36

Will Springer Realtor

AUGUST 9, 2022

That’s the conclusion of a 2021 report from the Research Institute for Housing America, which signaled added “stress” on housing and housing finance industries in determining risk. The personal-finance site compared states on 34 metrics, such as Millennial employment data, voter turnout and total share of Millennials. in June.

Inventory 36

Inventory Buyers New Listings Construction 36

Will Springer Realtor

MAY 9, 2022

The corporate backing aims to expedite redevelopment by reducing obstacles to financing urgently needed housing. Sidenote: Adjustable-rate mortgages (ARMs), which typically have lower interest rates than fixed-rate mortgages, have become an attractive option for new buyers financing a home. housing market is unrealistic.

Architecture 36

Architecture Design Buyers Construction 36

Will Springer Realtor

JUNE 8, 2022

The multi-pronged effort includes legislative and administrative actions to increase the number of affordable units and overall inventory. As home prices surge and people delay – or forgo – nuptials, buyers are pooling their finances with unmarried partners, roommates or friends to purchase a place. months, Pierce at 0.8

Design 36

Design Construction Development Property Taxes 36