Will Springer Realtor

APRIL 9, 2024

It was particularly true on the Eastside, where sales surged 52% from February to March and 9% year-on-year (YoY) and inventory narrowed to under a month (29 days) before all homes for sale would theoretically be under contract if no others hit the market. months (20 days) of available inventory. Inventory stood at 1.3

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Marketing Inventory Buyers Sellers 60

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%

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Housing Market Real Estate Agent Marketing Real Estate 414

Lamacchia Realty

MARCH 29, 2022

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.

New Listings 49

New Listings Inventory Realty Buyers 49

Housing Wire

APRIL 22, 2024

The goal of this type of letter is to promote a new listing in the neighborhood, to position yourself as the expert by providing information about the listing, and to find more business. Many of us are in sellers’ markets with very low inventory. Inventory is extremely low, and the competition is fierce.

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Real Estate Open Houses Brokerage Real Estate Agent 344

Empire Appraisal Group

MARCH 16, 2023

The first is Active Inventory , which is the number of homes actively on the market at a particular time. In most areas, Active Inventory has been increasing steadily since around June 2022. In most areas, Active Inventory has been increasing steadily since around June 2022. New Pending Sales is a “leading indicator.”

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Sellers Inventory Realtors Clients 78

Lamacchia Realty

JANUARY 25, 2024

The real estate landscape witnessed significant developments in 2023, as the New Hampshire market saw a historic low in listings. This scarcity in inventory exerted upward pressure on prices, although it coincided with a 19% decline in sales. Lowest number homes listed in recorded history, decreased by 15.1%

Inventory 49

Inventory Sellers Buyers Contracts 49

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. Months of inventory for single-family homes was flat at 1.7 (or Inventory was at 1.9 A typical year will include 5.2M

Housing Market 42

Housing Market Marketing New Listings Buyers 42

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?

Housing Market 61

Housing Market Marketing Inventory Lending 61

Lamacchia Realty

JANUARY 24, 2022

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.

New Listings 46

New Listings Inventory Buyers Realty 46

Lamacchia Realty

FEBRUARY 25, 2022

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.

New Listings 41

New Listings Inventory Realty Buyers 41

Listing Spark

SEPTEMBER 25, 2023

Fewer New Listings The number of new listings hitting the markets has continued to fall, mainly because a substantial segment of the market that was both buying and selling has essentially disappeared. The Rise of New Construction Homes New construction is stepping up to fill the void in the market.

Real Estate 69

Real Estate Sellers New Listings Inventory 69

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).

Sellers 60

Sellers Buyers New Listings Inventory 60

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. “I

Finance 68

Finance Inventory Construction Buyers 68

Housing Wire

MARCH 6, 2024

Moderation in mortgage rates led to a pickup in demand for residential real estate, but limited inventories across the country hindered actual home sales , the Federal Reserve reported in its Beige Book survey of regional business contacts that was published Wednesday.

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Mortgage Real Estate Inventory Construction 357

Hank Miller Team

JANUARY 9, 2024

We can however, develop supported opinions by combining recent data, extensive local experience and cautious interpretation of the variables mentioned above. Spring typically sees listings jump, we will see it again this year. While not the most listings, that month saw the highest number of contracts and sales. They cannot.

Real Estate 40

Real Estate Marketing Contracts Sellers 40

Will Springer Realtor

MARCH 12, 2024

The picture was somewhat similar for single-family homes as a stand-alone category, with new listings up 38% (1845) and sales 41% (1064) stronger month-to-month, but the YoY numbers were more telling, up 31% and down 4.2%, respectively. Months of inventory continue to be a burden on all buyers. Inventory is at 1.3

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Buyers Construction Sellers Inventory 57

Listing Spark

JUNE 16, 2023

Focusing on major Texas metro areas like Austin, DFW, Houston, and San Antonio, Aaron discusses important trends and developments that homeowners, investors, and anyone interested in real estate should be aware of. However, a decrease in new listings is helping to stave off even higher inventory. That’s down 4.3%

Real Estate 36

Real Estate Marketing Inventory Sellers 36

Housing Wire

MARCH 1, 2024

We were up year over year in inventory , but we were at a 25 year low on new listings.” From a seller’s standpoint it may make a bit more sense to sell now, so we are creating some more inventory and buyer are taking advantage of lower rates and more stable home prices.” According to Altos Research, as of Feb.

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Housing Market Marketing Inventory Construction 405

Will Springer Realtor

OCTOBER 10, 2023

First a look at September’s numbers: A wave of last-chance listings for the year hit the market after Labor Day. That increased new listings by 7.5% (2884) and available homes on the market by 12% (3602) between Sept. Seattle alone saw a 29% (1213) monthly increase in new listings. Single-family inventory is 1.8

Buyers 64

Buyers Inventory Sellers Housing Market 64

Birmingham Appraisal

JUNE 1, 2022

Today I thought I would share with agents what stats an appraiser analyzes when developing an appraisal in hopes that this may also give them some additional insight when coming up with an asking price for their clients. If it is overpriced then it will require multiple price reductions which will decrease the sale price to list price ratio.

Agents 52

Agents Marketing Contracts Inventory 52

Housing Wire

AUGUST 10, 2023

With regular reports and data coming out on what’s blocking inventory growth, the biggest factors impacting rates and the latest shifts in home sales, there’s a lot of information out there to help you inject more confidence into your business strategy. Logan Mohtashami: Inventory is still savagely unhealthy.

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New Listings Inventory Business Marketing 275

Will Springer Realtor

NOVEMBER 14, 2023

Worsening affordability issues and lower-than-usual inventory have prompted many consumers to watch this housing market from the sidelines – without the picket lines. New listings for all home types in King County stood at 2157, a whopping 25% drop from September to October. Single-family inventory narrowed to 1.7

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Inventory Buyers Sellers New Listings 36

Housing Wire

AUGUST 23, 2023

Builders are taking advantage of the housing market inventory issues , which is why new home sales are growing yearly, even with higher mortgage rates. I often use the term efficient home sellers to describe the home builders in this low inventory environment. Census Bureau and the Department of Housing and Urban Development.

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Mortgage Inventory Construction Sellers 364

Listing Spark

MARCH 9, 2023

In this blog post, we’ll take a closer look at Texas’ real estate market activity — exploring recent developments, analyzing short-term trends, and making predictions about what we might expect. Months supply of inventory climbed from 0.6 Compared to 2021’s extremely low months supply of inventory of 0.6

Real Estate 36

Real Estate Marketing Inventory Sellers 36

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

Inventory 36

Inventory Construction Supply Chain Buyers 36

Will Springer Realtor

MARCH 10, 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.” Mari is developed by Bellevue-based Create World, the same company that built Mira Flats , a six-story condo that opened in 2018 next to the Mari site. List: $2.95M ($652/sq.

Construction 36

Construction Modernization Buyers Inspection 36

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.

Real Estate 36

Real Estate Marketing Home Value Inventory 36

Will Springer Realtor

JUNE 13, 2023

Despite high interest rates, some hungry buyers are competing over limited inventory. Supply of resale housing (as opposed to new construction) is shrinking across our region. months’ total inventory in the county, down from 1.4 Eastside inventories are at 1.2 Meantime, condo inventory stands at 1.6 There are 1.3

Buyers 36

Buyers Inventory Construction Finance 36

Housing Wire

FEBRUARY 24, 2023

New home sales From Census : Sales of new single-family houses in January 2023 were at a seasonally adjusted annual rate of 670,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. However, this isn’t how inventory grows in America.

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Inventory Construction Housing Market Mortgage 434

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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HOA Transportation Construction Buyers 36

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. The City of Renton reported in June that 92% of the 7800 new units in the permitting pipeline are expected to be market-rate rentals. leading the list. >>

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Buyers Development Construction New Listings 36

Housing Wire

FEBRUARY 16, 2024

New construction starts fell to a seasonally adjusted annual rate of 1.331 million units, down 14.8% Department of Housing and Urban Development (HUD). New starts in the Northeast and the Midwest fell 20.6% Housing inventory remained low in January and new homes still accounted for about 30% of all homes available for sale.

New Listings 339

New Listings Construction Inventory Sellers 339

Will Springer Realtor

SEPTEMBER 8, 2021

It is developing several single-family and multifamily communities in King and Snohomish counties. The company forecasts an 8% YoY increase in new communities for 2021 across the U.S. ” Forward-thinking developers will go beyond trails and lap pools, “which have become ordinary,” suggests the experts from Burns.

Construction 36

Construction Inventory Buyers Real Estate 36

Will Springer Realtor

AUGUST 9, 2022

. >> The City of Seattle includes about 375,000 homes and estimates it needs to build 152,000 market-rate units by 2045 to catch up with the city’s growing population, according to the Office of Planning and Community Development. Inventories are on the rise, so much so that one area is now considered a buyer’s market.

Inventory 36

Inventory Buyers New Listings Construction 36

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. One aspect of rising housing prices is ballooning materials costs for new home builders. Notably, Seattle single-family inventory slipped to 0.6

Housing Market 36

Housing Market Marketing Inventory New Listings 36

Empire Appraisal Group

MARCH 11, 2021

With so few new listings hitting the market, I expect bidding wars to become more common and involve even more potential buyers as we head into the spring homebuying season,” Redfin chief economist Daryl Fairweather said in a statement. The inventory on the houses is gone,” he said. “If in December. A short-term trend?

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Buyers Real Estate Realtors Brokerage 78

Listing Spark

NOVEMBER 6, 2023

By searching in and around these two markets, investors can find plenty of properties, from single-family residences that can be renovated and sold to raw land that may be on the development fast track in just a few short years. While the market is less severe, there is still a significant inventory shortage.

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