Housing Wire

NOVEMBER 16, 2020

Moreover, 30% of El Paso shoppers are looking at local homes from out-of-state, with top views coming from New York, Albuquerque, and Los Angeles.”. A Redfin statistical study of the El Paso housing market showed a 2% year-over year rise in new listings (936 from September 2019 to 956 in September 2020) and a gigantic 40.3%

Housing Market 411

Housing Market Real Estate Agent Marketing Real Estate 411

Will Springer Realtor

JANUARY 9, 2024

The 802 new listings in December was a low not seen since records were archived online from 1990. No other month has fallen below 1000 new listings in more than three decades of record keeping. No other month has fallen below 1000 new listings in more than three decades of record keeping. But by how much?

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Housing Market Marketing Inventory Lending 60

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. Some developers are delivering smaller homes in the form of four- and six-plex townhomes on a parcel of land that once featured a single-family house.

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Buyers Development Construction New Listings 36

Will Springer Realtor

AUGUST 9, 2022

Most zoning laws grant units up to 1000 sq. Also known as a mother-in-law or cottage, the dwellings can offer viable housing to younger buyers seeking to save for their first home or enable seniors to age within a familiar neighborhood. . >> Inventory levels are mounting in King, now at 1.9 year-on-year (YoY).

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Inventory Buyers New Listings Construction 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%

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Housing Market Buyers Inventory Real Estate 36

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.”. We covered this topic of “missing middle” housing last month , and state legislators appear serious about enacting laws that will encourage more building of high-density homes in urban, transit-friendly areas of the state.

Buyers 36

Buyers Law Inventory Development 36

Will Springer Realtor

MAY 9, 2023

The pending law is on the governor’s desk awaiting his signature. Legislation related to transit-oriented development did not pass. Falling new inventory is constraining transaction volumes while also supporting higher home prices. And, opening this year, Graystone.

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