Housing Wire

MARCH 1, 2024

Sales from 2022 to 2023 were down 14%,” Mark Fischer, the CEO of the Indiana Realtors Association , said. “We We were up year over year in inventory , but we were at a 25 year low on new listings.” Both buyers and sellers are coming back to the market,” Fischer said.

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Appraisal Today

AUGUST 25, 2023

The sellers custom built the home between 2007 and 2009, using high-end materials and finishes, including a wall of windows and 26-foot-high ceilings in the great room. The seller wanted that to be a part of the home, and he didn’t want it down in a cellar. But the MLS is also finding new benefits in its partnership with RPR®.

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Listing Spark

SEPTEMBER 25, 2023

From late summer of 2022 to now, the Texas real estate market has experienced one of the most unpredictable corrections in recent history, leaving a lot of home-buyers and sellers scratching their heads and trying to make sense of what is going on. Now, if you’re a home seller in Austin, patience is the name of the game.

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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. This limited access offers security to sellers who post personal data and property information on the site.

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Will Springer Realtor

APRIL 9, 2024

New listings (+17%), available homes at the start of April (+5.0%) and listings going under contract – also known as Pending sales – (+24%) were solidly higher when comparing month to month. However, we are missing the typical boost of sellers. above the list price. in Snohomish, 4.6% in Pierce and 3.5%

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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.

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Will Springer Realtor

MAY 13, 2024

Even with aggressive changes to state and local zoning and fewer obstacles for building developers, the highly regarded Urban Institute estimates that by 2044 the Puget Sound region will be 140K homes shy of real demand. News of the settlement and its impact topped last month’s newsletter. Details still need to be ironed out, but U.S.

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HOA Transportation Construction Buyers 36

Will Springer Realtor

SEPTEMBER 12, 2023

These findings provide a strong economic base and cement walkable urban places and development as the wave of the future, as we move toward a more connected, environmentally sustainable way of life.” In addition, discussions are well underway between city leadership, neighborhood advocates and developers to consider placing a “lid” over I-5.

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Will Springer Realtor

MARCH 12, 2024

As a result, home buyers and sellers across Seattle/King County saw a mixed bag of activity in February, according to the Northwest Multiple Listing Service (MLS). About two-thirds of all King County listings sold last month at the list price or above, signaling a competitive environment and extending this long-running sellers’ market.

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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. Broward County single family sales, new listings and pending sales decreased, but average price increased year over year. Seller Resources. Broward County.

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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. Seller Resources.

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New Listings Inventory Realty Buyers 41

Will Springer Realtor

AUGUST 11, 2023

also the oldest age of a first-timer ever recorded by the National Association of Realtors® (NAR). 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. Bellevue has an average hourly wage for developers of $74.85. leading the list. >>

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Empire Appraisal Group

MARCH 11, 2021

Buyers | Florida Realtors. They describe how local buyers have lost out to COVID-driven buyers from New York and other northern states. For the seller, “it’s a no-brainer – you go with the cash deal,” said Ken Johnson, a real estate economist at Florida Atlantic University. Cash-Paying Out-of-Towners Frustrate Local Fla.

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Will Springer Realtor

SEPTEMBER 12, 2023

The market is spooking many potential buyers and sellers thanks to stubbornly high mortgage interest rates. Only buyers and sellers who must move are doing so. fewer new listings, the rate of sales rose 1.7% fewer new listings (1998) compared to July and 5.0% While there were 5.8% against the previous month.

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Finance Inventory Construction Buyers 67

Will Springer Realtor

NOVEMBER 14, 2023

Beyond labor strife, America’s home buyers and sellers appear to be on strike as well. October figures from the Northwest Multiple Listing Service strongly suggest prospective buyers and sellers are taking a wait-and-see approach. New listings in King were off 26% month-to-month (1583) and Active listings were down 9.4% (2296).

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Empire Appraisal Group

MARCH 16, 2023

NEWS & MEDIA sorbetto / Getty Images Source: Hard Convincing Sellers Not to Overprice? Use Data | Florida Realtors Hard Convincing Sellers Not to Overprice? Use Data By Jennifer Warner Florida Realtors economist : Many sellers today plan to overprice their home, but overpricing isn’t new.

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Sellers Inventory Realtors Clients 78

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.

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Will Springer Realtor

FEBRUARY 9, 2022

The House version, HB 1782 , is backed by developer and Realtor® lobbyists, Habitat for Humanity and environmental groups, according to The Seattle Times. HB 1951 would remove “Don’t Know” from the Seller Disclosure Statement that owners complete with the sale of a home. . >> CONDO NEWS. home buyers.

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Will Springer Realtor

AUGUST 9, 2022

Lawrence Yun, chief economist at the National Association of Realtors® said in late July: “There are indications that mortgage rates may be topping or very close to a cyclical high.” The market recalibration continues across King County with a sharp drop in new listings, Pending sales and closings while prices decline.

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Inventory Buyers New Listings Construction 36

Will Springer Realtor

APRIL 8, 2021

home was $313,000 through February, a sharp 16% higher from a year ago, according to the National Association of Realtors® (NAR). The national median family income rose just 4% from 2019 to 2020, according to the Department of Housing and Urban Development, while most home prices are jumping each year by 10% or more. housing markets.

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Inventory New Listings HOA Buyers 36

Will Springer Realtor

MAY 9, 2022

While these are promising developments, there will always be the affordability question. That includes 621 fewer Pending contracts in April 2022 than the previous April, as the net number of new listings remains on average lower than in years past. CONDO NEWS. Click here for the full monthly report. Designed by William J.

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Architecture Design Buyers Construction 36

Will Springer Realtor

MAY 12, 2021

Housing starts – the number of units builders would begin if development kept pace for the next 12 months – increased 19% nationally to a seasonally adjusted annual rate of 1.7 They have declined for two consecutive months, according to the National Association of Realtors®. Now, home builders would need to construct as many as 1.2

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Will Springer Realtor

JULY 8, 2022

The median income for Millennials who are actively buying or intend to buy a home soon is about $82K, according to the National Association of Realtors® (NAR). While the number of new listings in June jumped 8.2% in new listings and 57% in active listings at the start of this month (3256), up 124% from a year ago.

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Housing Market Marketing Inventory HOA 36

Will Springer Realtor

DECEMBER 12, 2023

Just for Fun: In December 2022, the National Association of Realtors® projected mortgage interest rates would be 5.7% That, in turn, will finally move the market forward with additional sellers and buyers. That may sound like a lot of money to address a serious issue that can damage brain development in children.

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Real Estate Buyers Housing Market Law 36

Will Springer Realtor

JUNE 8, 2022

Well, I am only a single real estate professional with one opinion but, for me, the solution includes enacting a blend of corporate and federal dollars toward incentivizing the development of affordable for-purchase housing that targets under-served communities whose residents would otherwise find homeownership difficult to achieve.

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Will Springer Realtor

JUNE 9, 2021

Even if a household faced the prospect of foreclosure, buyers would be happy to take the home off an owner’s hands – likely at a profit for sellers – while providing needed inventory. One aspect of rising housing prices is ballooning materials costs for new home builders. The average King County single-family listing sold in May 9.5%

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Will Springer Realtor

AUGUST 9, 2021

“There is a strong desire for homeownership across this country, but the lack of supply is preventing too many Americans from achieving that dream,” said Lawrence Yun, chief economist for the National Association of Realtors® (NAR). A surprising 3% used the time to build a new house. million home sales. AUGUST HOUSING UPDATE.

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Construction Inventory Property Taxes Development 36

Will Springer Realtor

JULY 9, 2021

Urban planners have a name for it: the 15-minute neighborhood and it is already in development in parts of the country, including Seattle. Where would you like to see this type of neighborhood development? I am often asked by sellers what home projects should they address to get the highest return on investment. ——-.

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