Housing Wire

APRIL 26, 2023

Borrowers’ demand increased for conventional and government loans, up 4.50% and 1.20% from one week earlier, respectively. Both conventional and government home purchase applications increased last week. According to Logan Mohtashami, lead analyst at HousingWire, active and new listings fell two weeks ago based on Altos Research data.

Mortgage 397

Mortgage Loan Officers New Listings Government 397

Miller Samuel

JUNE 28, 2020

Keeping Housing Market Results From The Public Is Never Justified: An Expansive View. When the Covid-19 crisis began halfway through March, the Manhattan housing market was placed on “pause,” as were many housing markets around the country. Hiding DOM as a marketing strategy.

Housing Market 221

Housing Market Marketing Real Estate Sellers 221

Housing Wire

JUNE 4, 2023

Here’s a quick rundown of the last week: Active inventory grew 3,180 weekly , and new listing data fell week to week and is still trending at an all-time low in 2023. However, I am grateful we even saw some traditional spring inventory growth this year because new listing data is trending at all-time lows.

Inventory 441

Inventory Housing Market Marketing New Listings 441

Housing Wire

FEBRUARY 7, 2024

Census Bureau data on housing inventory estimates details two cycles this decade – the onset of the pandemic and the rise of interest rates – that have been catastrophic for the nation’s for-sale housing inventory. We got an early test in December and January when the FOMC forecasted rate cuts in 2024.

Inventory 432

Inventory Sellers Mortgage Marketing 432

Housing Wire

SEPTEMBER 12, 2023

The point of the editorial seemed to be to scaremonger over government programs to help home buyers and student loan borrowers. So, the author tried to use new construction prices from back in April to describe the whole U.S. housing market now. That’s frankly surprising given how cold the housing market froze last fall.

Contracts 410

Contracts Inventory Housing Market Buyers 410

McKissock

MARCH 19, 2021

Housing is expected to remain resilient despite low inventory, with accelerated U.S. trillion American Rescue Plan will funnel billions into the housing market. Read on for the latest in appraisal news. However, the government agency is now pushing that back to at least April 30, 2021.” in Q2 and 6.6%

Housing Market 90

Housing Market Appraisal Marketing New Listings 90

Will Springer Realtor

APRIL 11, 2023

That’s not saying much since the housing market has mostly been in hibernation during the fall/winter months. Pending sales are one of our favorite housing market data points – along with the number of mortgage applications and new listings – to track buyer intent and market intensity.

Housing Market 36

Housing Market Marketing Buyers Sellers 36

Housing Wire

OCTOBER 22, 2023

15] The following are the only forms of primary photo identification accepted: A current government-issued driver’s license U.S. Lead Gen As a new agent, make it a priority to pick a brokerage that is committed to helping you with marketing and exposure. You’ll want to ask how the brokerage promotes agents’ listings too.

Real Estate 410

Real Estate Real Estate Agent Agents Brokerage 410

Will Springer Realtor

FEBRUARY 13, 2024

The Seattle/King County housing market appears to have come through the worst of times with a slightly stronger showing in January than in previous months. And, despite the rise in new listings, the number of homes still on the market on Feb. The federal government updated inflation numbers on Feb.

New Listings 54

New Listings Buyers Inventory Lending 54

Will Springer Realtor

AUGUST 15, 2023

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). monthly decline in available Seattle listings (793). on the Eastside.

Sellers 59

Sellers Buyers New Listings Inventory 59

Will Springer Realtor

JANUARY 11, 2023

A patch of foul weather and persistent economic challenges chilled an already cold housing market. The Northwest MLS monthly housing report described it best: “December ends with a ‘whimper’”. The bar is so low on listings and sales data that one might trip over it. CONDO NEWS. LUXURY LIVING.

Housing Market 36

Housing Market Architecture Contracts Buyers 36

Will Springer Realtor

DECEMBER 19, 2023

The region’s real estate scene in 2023 will be remembered for rising home prices and scant new listings. As the year dims, all eyes fixate on 2024’s potential: a hopeful dance fueled by dreams of lower rates and a wave of new homes for sale. The housing initiatives will take years to reap benefits for residents.

Real Estate 68

Real Estate Buyers Sellers Inventory 68

Will Springer Realtor

OCTOBER 11, 2023

For the most part, we can celebrate the standards established by state and local governments as they evolve into the second century. The first successful zoning laws were established in 1916 to determine building heights in New York City, soon followed by the zoning of residential and business districts.

Law 36

Law Development Design Government 36

McKissock

SEPTEMBER 10, 2021

According to this housing market update from Redfin News —based data for the month of August 2021—pending home sales are slowing, and homes are taking longer to sell. So the market’s become slightly more favorable to homebuyers. So the market’s become slightly more favorable to homebuyers.

Appraisal 72

Appraisal Mortgage New Listings Government 72

Will Springer Realtor

MAY 9, 2023

years, according to recent data, when it was only about five years just before the housing market crash of 2007. Forget investing in a new home, you might want to look at kitchen and bath suppliers and remodelers as wise investments! The so-called rate-lock effect is prompting many homeowners to remodel over a move.

Real Estate 36

Real Estate Modernization Construction Supply Chain 36

Will Springer Realtor

APRIL 8, 2021

housing markets. 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. The image was taken from a drone above The Parc, a condo in Belltown, where I am promoting one of my new listings.

Inventory 36

Inventory New Listings HOA Buyers 36

Will Springer Realtor

SEPTEMBER 12, 2023

topped the list. SEPTEMBER HOUSING UPDATE There is a feeling of Halloween in the real estate world because this housing market is a bit scary these days. The market is spooking many potential buyers and sellers thanks to stubbornly high mortgage interest rates. fewer new listings, the number of sales rose 1.7%

Sellers 36

Sellers Development Retail Real Estate 36

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. October figures from the Northwest Multiple Listing Service strongly suggest prospective buyers and sellers are taking a wait-and-see approach. We expect U.S.

Inventory 36

Inventory Buyers Sellers New Listings 36

Will Springer Realtor

AUGUST 9, 2022

Many local governments permit at least one dwelling unit with the main residence and some locales accept an attached and detached unit on the same property. The cities of Seattle and Renton offer pre-approved ADU designs to help streamline the government-approval process which can often be onerous. I have written on this topic before.

Inventory 36

Inventory Buyers New Listings Construction 36

Will Springer Realtor

JULY 13, 2023

We’ll have new incentives, and quite frankly, this will inform our budget,” he said. We are charting new territory and success will be measured by creativity and collaboration. Local government, developers, architects and others will need to step up and take responsibility for the sake of our city.

Construction 36

Construction Supply Chain Real Estate Development 36

Will Springer Realtor

MAY 9, 2022

Let’s just hope government leaders and other influencers remember to bring everyone along for the ride. DID SOMEBODY SAY, ‘HOUSING BUBBLE?’. Are we in a housing bubble? The housing market has become bubbly,” said economist Enrique Martinez-Garcia of the Federal Reserve Bank of Dallas. housing market is unrealistic.

Architecture 36

Architecture Design Buyers Construction 36

Will Springer Realtor

FEBRUARY 9, 2022

Take this example, courtesy ListReports, based on a conservative $300,000 loan and when the interest-rate difference was a half percentage point: A typical mortgage in King County could easily be double the amount in the above example, and the Mortgage Bankers Association reported in late January the average new mortgage hit a record $441,100.

Buyers 36

Buyers Law Inventory Development 36

Will Springer Realtor

DECEMBER 12, 2023

I wrote in this newsletter 12 months ago about the bumpy – maybe even bruising – housing market of 2022 across Puget Sound and most of the country. Ready to complete another year, the residential real estate market has not improved – some might say it got a little worse. To a happy 2024! = It’s apparently too tall of a task.

Real Estate 36

Real Estate Buyers Housing Market Law 36

Will Springer Realtor

MAY 12, 2021

Warns Danielle Hale, chief economist with realtor.com: “While younger Millennial and Gen Z buyers are expected to play a growing role in the housing market, fast-rising prices will create a bigger barrier to entry for the many first-time buyers in these generations who don’t have existing home equity to tap for down payment savings.”.

Real Estate 36

Real Estate Inventory Buyers Construction 36

Will Springer Realtor

AUGUST 9, 2021

The report also noted 3% of Seattle listings are at or above $3M and 1% are above $5M in the city, which had a median home price of $857,000 at the time of the survey. >> About 57% of all new housing was classified multifamily (four or more units in one location). AUGUST HOUSING UPDATE.

Construction 36

Construction Inventory Property Taxes Development 36

Will Springer Realtor

FEBRUARY 9, 2024

Three housing-related topics are of prime focus: Lot Splitting – a process that would allow property owners to split part of their lot of land to have a new buildable area of at least 2000 sq. The market is now in the process of thawing after a lengthy cool down, as buyers begin anew to seek change in their home dynamics.

Development 36

Development Design Housing Market Real Estate 36