Listing Spark

OCTOBER 13, 2022

There is more inventory available and home sales are down. months of inventory, well below a balanced market of 6 months of inventory. New listings are down 6%, so there are less homes coming onto the market than there were this time last year. If you’re an Austin home buyer, there is a lot of good news.

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Appraisal Today

MARCH 8, 2024

While Armour’s original design for the house adhered strictly to Fowler’s practical philosophies, Stiner turned it into an ornate Victorian folly. Other sources of housing data are showing increases in new listings, which is a real positive for the spring buying season given the lack of for-sale inventory.”

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Housing Wire

JANUARY 29, 2021

.” The overall drop in pending home sales over the final quarter of 2020 can be contributed to a lack of inventory, according to Lawrence Yun, NAR’s chief economist. There is a high demand for housing and a great number of would-be buyers, and therefore sales should rise with more new listings,” Yun said.

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Listing Spark

JANUARY 12, 2023

2022 Market Trends: Decrease in sales, values, and new listings in Austin, TX; median home value up 9.9% New Construction: Slowing down due to an increase in inventory and a declining market; builders targeting first-time home buyers. ” [0:19:31] Builders Offer Incentives to Move Inventory in Slump Market.

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Appraisal Today

MARCH 1, 2024

Both inventory levels and new listings increased significantly in recent months, leading to an 18 percent increase in sales and a 1.6 Both inventory levels and new listings increased significantly in recent months, leading to an 18 percent increase in sales and a 1.6 acre lot, built in 1993.

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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.

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Will Springer Realtor

APRIL 8, 2021

To help increase affordable housing inventory, lawmakers are reviewing whether to remove requirements that homeowners must live on-site. The image was taken from a drone above The Parc, a condo in Belltown, where I am promoting one of my new listings. month (or 18 days of inventory), down from 0.9 STATE CAPITAL UPDATE.

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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. months of inventory. Inventories across the county for all home types now stand at 2.2

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Will Springer Realtor

AUGUST 11, 2023

First, let’s set the scene: Housing inventory is shrinking year to year in most parts of the country and there are no signs of significant replenishment over the horizon. Others are specializing in the design and construction of accessory dwelling units (ADUs) as detached backyard homes (also known as “ mother-in-laws ”).

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Will Springer Realtor

OCTOBER 11, 2022

Counties in and near Chicago and New York City were seen as the most vulnerable to today’s economic headwinds. New listings and housing supply are on the rise as buyer activity took a dive in September, based on the latest assessment of data from the Northwest Multiple Listing Service. months’ inventory.

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Will Springer Realtor

AUGUST 9, 2022

The cities of Seattle and Renton offer pre-approved ADU designs to help streamline the government-approval process which can often be onerous. Don’t get me started about Seattle’s design review exercise!) . Inventories are on the rise, so much so that one area is now considered a buyer’s market. Kirkland gets it too.

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Will Springer Realtor

JULY 8, 2022

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. While the number of new listings in June jumped 8.2% While the number of new listings in June jumped 8.2% for the last 12 months.

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Will Springer Realtor

OCTOBER 8, 2021

New listings are up 6.3% Condo sales are in a similar boat, with new listings higher – by 4.3% across King and up 17% in Seattle and the Eastside – while active listings are falling 3.3% Inventories improved fractionally. months of inventory across all homes in King County, up from 0.6 1 vs. Sept.

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Will Springer Realtor

SEPTEMBER 8, 2021

There are no signs of a real estate crisis, particularly in the Puget Sound region, where prices keep rising – up about 20% the past year and 68% in Seattle alone since 2016, by one measure – amid a dearth of inventory and surge of buyers. Active listings as of Sept. A drying up of listings sent inventory figures lower.

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Will Springer Realtor

MAY 9, 2022

>> Insights from 12,000 consumers and over 300 architectural designers show that 51% of residents will work from home in 2022, up from 33% before the pandemic. >> The Puget Sound region suffered from a severe lack of new construction in the decade ending in 2020, according to U.S. a month ago. and Seattle (1.1).

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Will Springer Realtor

FEBRUARY 9, 2022

People are looking at higher prices, there’s slim pickings in inventory and now we have higher mortgage rates.”. Inventory remains a big concern. months of single-family-home inventory in King County and on the Eastside, and 0.5 months (6 days) of single-family inventory. months (6 days) of single-family inventory.

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Will Springer Realtor

MAY 12, 2021

>> The lack of inventory to keep real estate moving is confirmed with the latest data on U.S. The excess of inventory that occurred in 2007, 2008 and ’09, was an anomaly,” said Marci Rossell, former chief economist for CNBC. Compare that to the end-April total of 4551 Active listings for the two counties, as well as 0.6

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Will Springer Realtor

JUNE 9, 2021

Prices have soared in most areas – including a 30% jump in the past year for single-family homes in King County – amid a shortage of inventory and a sharp rise in the number of buyers. The spring season is nearly over and the number of listings hitting the market has already started to decline, a few weeks earlier than most years.

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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. >> Homeowners are open to space-saving tradeoffs in new construction, with 85% willing to consider island seating over a separate dining space in the kitchen. months, Pierce at 0.8

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Will Springer Realtor

DECEMBER 12, 2023

Inventory continues to shrink to levels not seen since the days of disco, shag carpets and pet rocks. Amid unusually low inventory and an anticipated growing buyer pool, the median price of a single-family home will climb beyond $1M in Seattle’s summer months. List price: $8.98M ($1273/sq. with basement). This 3-bed, 3.75-bath

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Will Springer Realtor

AUGUST 9, 2021

Some highlights from the Northwest Multiple Listing Service (through July): The combined number of condo, townhome and single-family homes on the market as of Aug. However, we are miles from a balanced market, with King County total active listings still 31% fewer than this time last year. months of inventory available compared with 0.3

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Will Springer Realtor

JULY 9, 2021

In calling for rezoning laws to accommodate this concept, Gladney identified five keys that communities should keep in mind when designing their 15-minute neighborhood: Think in terms of mixed-use development, such as a blend of housing, commercial usage and small-scale manufacturing. Inventory across our area remains extremely low.

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Will Springer Realtor

FEBRUARY 9, 2024

Designers are helping builders broaden options to create homes that consumers can afford – no easy task. 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). It’s a 3-bedroom, 1.75-bathroom

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