Housing Wire

MAY 23, 2024

New listings have risen approximately 8% compared to last year, yet overall inventory remains below typical spring levels. Simultaneously, persistently high housing costs have driven pending home sales down by 4.2% year over year, the largest decline in three months with the exception of the previous four-week period, which saw a 4.4%

Inventory 345

Inventory Sellers New Listings Buyers 345

Housing Wire

SEPTEMBER 13, 2022

Typically we have a natural set of new listings each year; inventory rises in the spring and summer and then falls in the fall and winter. It wasn’t the rate move that caught my attention — it was the new listing data. As you can see below, that sharp move to 6.25% caused new listing data to stall at first.

Mortgage 513

Mortgage Inventory New Listings Sellers 513

Housing Wire

MAY 8, 2024

Since most sellers are buyers, inventory should be stable if demand is stable. This is what happened post 2010: The millennials started to buy homes in 2013 and they finance 90% of those homes. So you can see why we have so few stressed sellers. Demographics also play a role here.

Inventory 417

Inventory Law New Listings Sellers 417

Housing Wire

DECEMBER 4, 2023

New listings and home sales remain low this week while available inventory of unsold homes is finally falling across the country after rising with mortgage rates late into November. We want new listings volume to show growth. More sellers equals more home sales in 2024.

Housing Market 483

Housing Market Marketing Inventory New Listings 483

Housing Wire

NOVEMBER 27, 2023

You also know that new listings are up over last year, too. New listings volume is up, too. There were 58,000 new listings this week, with 10,000 of those homes already under contract as immediate sales. A few more sellers appear to be braving the market each week. Short on time?

New Listings 480

New Listings Contracts Inventory Housing Market 480

Housing Wire

APRIL 16, 2024

As mortgage rates increase, it’s never good news for the housing market, especially when more sellers are in the mix,” HousingWire lead analyst Logan Mohtashami said. “We Additionally, there were 66,000 new listings unsold last week plus another 20,000 immediate sales for 86,000 total new listings, up 32% from the same week a year ago.

Mortgage 339

Mortgage New Listings Investors Housing Market 339

Housing Wire

APRIL 25, 2024

“I called the listing agent and it was listed three hours ago, but it was sold,” the Cincinnati, Ohio -based eXp Realty agent said. “We There is no way you can stay on top of things unless you hire someone to watch new listings pop up every 10 minutes. We couldn’t even see it. It is so hard to compete with that.”

Buyers 376

Buyers Marketing Inventory Investors 376

Housing Wire

DECEMBER 14, 2023

Meanwhile, new listing activity also inched up slightly in recent weeks, another good sign for homebuyers who have more options. One LO said he quoted an FHA borrower at 5.7%. A promising winter market Business for the mortgage industry has picked up considerably since Thanksgiving, with homebuyers jumping on lower rates.

Mortgage 476

Mortgage New Listings Loan Officers Inventory 476

Housing Wire

APRIL 19, 2024

A surge in new listings of luxury homes was not enough to curb the price growth associated with rising demand. New listings of luxury homes soared 18.5% During the three months ending Feb. 29, nearly half (46.8%) of luxury homes sold were purchased in cash, up from 44.1% during the same period a year ago. year over year.

Luxury Properties 407

Luxury Properties New Listings Buyers Housing Market 407

Housing Wire

AUGUST 18, 2023

Not prequalifying is unprofessional and can waste your time and the sellers. All pricing scripts are best used at the listing table! Don’t lose the listing of a motivated, have-to-sell seller over price. If they have sell, you have to take the listing! Are homes selling on average for 105% of the list price?

Sellers 351

Sellers Construction Real Estate Finance 351

Housing Wire

APRIL 18, 2024

In an interview today with Yahoo Finance , I discussed how home prices are still rising this year. From NAR : The median existing home price for all housing types in March was $393,500, an increase of 4.8% from the previous year ($375,300). All four U.S. regions registered price gains.

Inventory 473

Inventory Housing Market New Listings Buyers 473

Housing Wire

MARCH 8, 2024

Altos considers any score above 30 to be a seller’s market. 70 towns, 90 new listings Local agents say the county’s tight inventory situation is largely to blame. “We When we were coming out of COVID we were seeing 15 to 20 offers on a house, where you’d have to make a spreadsheet to show your seller. as of March 6, 2024.

Housing Market 392

Housing Market Buyers Agents Marketing 392

Housing Wire

NOVEMBER 6, 2023

Additionally, there are 62,000 new listings this week, with 9,000 of those already under contract. We have the same number of sellers now as last year, which tells us that further declines in home sales because of supply constraints are unlikely. Remember the Altos rule: If mortgage rates go up, inventory will build in 2024.

Housing Market 476

Housing Market Marketing Inventory Contracts 476

Will Springer Realtor

MAY 9, 2023

The chart (below) puts it in sharp focus: Except for the pandemic year of 2020 when there were 2559 new listings that April, last month was the slowest April since at least 2008 when easy access to Northwest Multiple Listing Service data became available. Where are all the sellers? since the start of this year.

New Listings 59

New Listings Inventory Buyers Sellers 59

Housing Wire

OCTOBER 24, 2023

There were only 57,000 new listings of single-family homes unsold again this week. There are fewer sellers now than any recent year. Inventory is up as homes sit for longer As of Oct. 23, there were 554,000 single-family homes on the market. That’s up 1.5% from last week. Inventory is growing faster than last year at this time.

Contracts 457

Contracts Inventory New Listings Housing Market 457

Housing Wire

JULY 20, 2023

With record-low inventory nationwide, real estate agents seem to be hearing the same thing day in and day out: “I’d list my home, but where would I move?” For most agents, that’s the end of the conversation, ending the possibility of taking a new listing as well as facilitating the buyer side. Next, the house is new.

Sellers 274

Sellers Clients Inventory Agents 274

Housing Wire

FEBRUARY 7, 2024

With mortgage rates briefly topping 8% and home prices breaking records throughout the year, many would-be sellers simply decided not to bother listing their homes, exacerbating already tight inventories. New data from the U.S. How quickly would sellers return if rates were lower? since the fourth quarter of 2018.

Inventory 384

Inventory Sellers Mortgage Marketing 384

Will Springer Realtor

AUGUST 15, 2023

Sellers, too, are waiting for the easing of rates before looking for their next home, as estimates show 60% of today’s homeowners possess a mortgage with an interest rate of 4% or less. The single-family housing market is sluggish, as many prospective buyers and sellers have chosen to focus on enjoying the many weeks of beautiful weather.

Sellers 60

Sellers Buyers New Listings Inventory 60

Housing Wire

NOVEMBER 21, 2023

While circumstances for buyers remain tight, home sellers have done well as prices continue to rise year-over-year, including a new all-time high for the month of October,” Yun said. “In At the same time, existing inventory has likely already bottomed out and new listings are keeping steady despite normal seasonal declines.

Inventory 379

Inventory Realtors New Listings Contracts 379

Housing Wire

OCTOBER 20, 2023

In this article, we’ll share ideas and tips, including the best way to present new listings and how to engage your followers with valuable educational content. Be sure to label on the photo or video that your post is a new listing, as people may miss the caption while scrolling.

Real Estate 344

Real Estate Agents Real Estate Agent Clients 344

Housing Wire

NOVEMBER 28, 2023

Home prices rallied in September, as homebuyers still outnumbered sellers. Simultaneously, new listing volume is up at the end of November, which might cool home prices down. Home prices posted a 3.9% annual gain in September, up from a 2.5% Month-over-month, the U.S.

New Listings 329

New Listings Contracts Inventory Sellers 329

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.

Finance 68

Finance Inventory Construction Buyers 68

Housing Wire

MAY 30, 2023

percent between the first quarters of 2022 and 2023, according to the Federal Housing Finance Agency House Price Index (FHFA HPI). NAR total inventory since 1982: I prefer the Altos Research weekly single-family data to the NAR data because it gives us a fresh look at not only active listing data but new listing data.

Inventory 448

Inventory Housing Market New Listings Marketing 448

Housing Wire

JANUARY 22, 2024

In 2024, she is optimistic that sellers will sell and more buyers will come to the market, as there is a big pent-up demand. Lyons is optimistic about 2024, especially if mortgage rates keep declining and new listings keep hitting the market. Things will pick up in the next week or two.”

Housing Market 387

Housing Market Marketing Logistics Real Estate 387

Housing Wire

AUGUST 20, 2023

The new listing data has been trending at the lowest levels ever for over 12 months now. The last thing we want to see is more sellers calling it quits faster than the current trend. Will higher rates extend the inventory season, or are we going into the traditional seasonal decline?

Inventory 367

Inventory Mortgage New Listings Sellers 367

Housing Wire

MARCH 8, 2024

The mailers are titled “Notice of Proposed Settlements” and they began hitting the mailboxes of home sellers in mid-February. We’ve signed 47 new listings year to date, and we’ve had plenty of conversations with other sellers that we didn’t sign, but there are a lot more conversations surrounding transparency,” Posnick said. “It

Agents 378

Agents Legal Realtors Clients 378

Housing Wire

SEPTEMBER 7, 2023

When rates jump, fewer buyers make offers and therefore more sellers take a price cut to stimulate demand. The price of the newly listed cohort each week is also a leading indicator of future sales prices. Each week, sellers and listing agents have to price the new listings at a price point where they’ll sell.

Contracts 404

Contracts Inventory Buyers New Listings 404

Lamacchia Realty

DECEMBER 21, 2023

november 2023 south florida housing report Broward County In November of 2023, Broward County single-family homes as well as c ondos/townhomes saw decreases in closed sales and pending sales, but increases in average price and new listings. An increase in active inventory as well as new listings is great news for buyers!

New Listings 53

New Listings Real Estate Inventory Sellers 53

Housing Wire

MARCH 1, 2024

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. “Sales from 2022 to 2023 were down 14%,” Mark Fischer, the CEO of the Indiana Realtors Association , said. “We Data from Altos Research backs up Fischer’s observations.

Housing Market 396

Housing Market Marketing Inventory Construction 396

Housing Wire

MARCH 29, 2024

Buyers are still buying and sellers are still selling. In February, we saw an overall uptick of 45% in new listings on a year-over-year basis, but we saw a 27% increase in homes prices under $300,000.” The market is still strong,” said Wendy Cash, a broker at Austin area-based Century 21 Hellmann Stribling.

Housing Market 355

Housing Market Agents Marketing Inventory 355

Housing Wire

NOVEMBER 5, 2023

Real estate prospecting is a necessary activity for agents aiming to build a robust pipeline of buyer and seller leads. Best practices include creating and sharing valuable, relevant content that addresses common concerns or interests of buyers or sellers. It could be next week, it could be next year. Why not join them?

Real Estate 388

Real Estate Tools Real Estate Agent Open Houses 388

Lamacchia Realty

APRIL 27, 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 55

New Listings Bracketing Inventory Realty 55

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 53

New Listings Inventory Realty Buyers 53

Will Springer Realtor

APRIL 9, 2024

“Cold water” comes from the central bank’s intent to maintain high financing costs for banks that borrow from other financial institutions. Despite a challenging financing environment, the Seattle/King County housing market is moving forward. However, we are missing the typical boost of sellers. above the list price.

Marketing 60

Marketing Inventory Buyers Sellers 60

Housing Wire

FEBRUARY 9, 2024

If you target luxury buyers and sellers, it’s worth considering this investment, which also comes with the ability to choose a DIY or done-for-you build-out. It gives you a “first mover advantage”, providing robust follow-up tools that help you nurture potential seller clients with ease.

Tools 412

Tools Real Estate Marketing Real Estate Agent 412

Lamacchia Realty

FEBRUARY 27, 2023

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 In January of 2023, Broward County single-family and condo/townhome closed sales, new listings, and pending sales decreased.

New Listings 54

New Listings Buyers Realty Sellers 54

Lamacchia Realty

MAY 26, 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 36

New Listings Bracketing Inventory Realty 36