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No seasonal slowdown this year as real estate agents report a busier-than-usual fall

Housing Wire

There’s a lot of homeschooling going on in this hybrid world, and it’s difficult,” Realtor Vesna Kanacki with Century 21 Full Service Realty in New City, New York, told HousingWire. 20, the National Association of Realtors said that contract signings were up 23% year over year.

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Rising insurance costs, ample inventory create a unique market in Southwest Florida

Housing Wire

Unlike many other metropolitan areas across the country , the housing market in Southwest Florida is comparably flush with for-sale inventory. “I Smith attributes the uptick in inventory to a bump in new listings. From 2022 to 2023 alone, rates rose 15%. It is definitely a significant concern and issue,” Smith said.

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Here’s what is happening in local housing markets across the country

Housing Wire

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. Aspen, Colorado. Become a member today. Already a member?

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When it comes to home sales, August is the new May, keeping agents busy into the fall

Housing Wire

According to the National Association of Realtors , contract signings kicked off strong in August , with the most contract signings last week in the Midwest, at 21%. As new contract signings are outpacing new listings due to low inventory, properties sold typically within 26 days in the four weeks leading up to August 2, NAR said.

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2022 Connecticut Year in Review

Lamacchia Realty

The 2022 Connecticut Year in Review Housing Report breaks down sales, new listings, new pending sales, active inventory, and average price compared to the 2021 market and analyzes what the data means for the current housing market and beyond. Homes Pending (contract accepted) There were 20.2%

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Pending home sales drop, but there’s a silver lining

Housing Wire

Despite the decline, many industry observers see big potential for the housing market in the year ahead. It’s no secret that low mortgage rates and societal shifts brought on by COVID-19 have collided to form a red-hot housing market. Making housing more affordable by bridging the affordable supply gap.

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November 2023 Connecticut Housing Report

Lamacchia Realty

Single families: $517,863 (2022) | $553,935 (2023) Condominiums: $286,664 (2022) | $325,453 (2023) Homes Listed For Sale: T he number of homes listed is up by 5.7% 2023: 2,765 2022: 2,617 2021: 3,476 Pending Home Sales: The number of homes placed under contract is down by 5.2% What’s Happening in the Market?