Housing Wire

MARCH 19, 2023

New listing data collapsed, but we are putting an asterisk on that data line for this week. Now the bad news: new listing data fell so much this week that I am putting an asterisk on this week’s data until we see if this is a trend or just a one-off in the weekly data that can occur from time to time.

Housing Market 384

Housing Market Marketing Inventory New Listings 384

Housing Wire

JULY 21, 2022

Of the total monitored contacts, about 1.44% of contacts were new listing alerts, up 69% from the first quarter. More than 4% of monitored contacts were credit improvement alerts, an increase of more than 130% from the previous quarter.

Mortgage 397

Mortgage Marketing New Listings Government 397

Housing Wire

FEBRUARY 7, 2024

2020-2021: The shock to the system The onset of the pandemic and government lockdowns sparked a frenzy for homes, especially those away from crowded downtowns and with ample space for home offices and homeschooling. Prospective homebuyers were armed with low interest rates, paused student loan payments and stimulus checks.

Inventory 431

Inventory Sellers Mortgage Marketing 431

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

Miller Samuel

JUNE 28, 2020

When the government ordered lockdown hit New York City , and real estate agents were not allowed to provide in-person showings, market activity immediately stalled. NYRAC pressured various platforms to hide DOM information from listings. Hiding DOM as a marketing strategy.

Housing Market 221

Housing Market Marketing Real Estate Sellers 221

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. I read a Wall Street Journal editorial piece that cited a stat to say home prices are 13% below last year.

Contracts 409

Contracts Inventory Housing Market Buyers 409

Housing Wire

NOVEMBER 5, 2023

This area could be around a new listing, a recently sold property, or any other geographic location, such as an up-and-coming neighborhood, the area in which they live, or even an area selected based on price point. Do not call registry You’ve likely been on the receiving end of an unwanted telemarketer call. You’re not alone.

Real Estate 209

Real Estate Tools Real Estate Agent Agents 209

McKissock

MARCH 19, 2021

However, the government agency is now pushing that back to at least April 30, 2021.” According to yesterday’s news story from Redfin , “Historic competition for homes pushed sale prices up 14% as new listings fell 16%” year over year. ” Read the full story here. in Q2 and 6.6%

Housing Market 90

Housing Market Appraisal Marketing New Listings 90

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 409

Real Estate Real Estate Agent Agents Brokerage 409

Will Springer Realtor

FEBRUARY 13, 2024

And, despite the rise in new listings, the number of homes still on the market on Feb. The figures were promising from the single-family-home category as well, with new listings jumping 129% (1335) from December in King and up a negligible 0.5% The federal government updated inflation numbers on Feb.

New Listings 55

New Listings Buyers Inventory Lending 55

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). The county saw a 4.9%

Sellers 60

Sellers Buyers New Listings Inventory 60

Will Springer Realtor

MAY 13, 2024

Government planners in our four-county region have until the end of this year to revise and then implement by mid-2025 their Comprehensive Plans for growth management to provide adequate space for housing, transportation and services (among many other aspects) to all its residents for the next 20 years.

HOA 36

HOA Transportation Construction Buyers 36

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

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. percentage points by the end of this year – assuming inflation continued a downward trend.

Buyers 57

Buyers Construction Sellers Inventory 57

McKissock

SEPTEMBER 10, 2021

Other highlights from the report include: “New listings of homes for sale were nearly flat (-0.1%) from a year earlier.” So the market’s become slightly more favorable to homebuyers. However, prices are still up 15% year over year, with a median home-sale price of $359,983.

Appraisal 72

Appraisal Mortgage New Listings Government 72

Will Springer Realtor

FEBRUARY 8, 2022

In a sellers’ market where new listings are scarce, owners are requesting time – days or weeks – to find their next residence and move. It’s not uncommon to see homeowners ask for additional time after closing to get their “house” in order. There are also notice periods of at least 60 days to raise rent (180 days in Seattle).

Sellers 36

Sellers Buyers Landlords Tenants 36

Will Springer Realtor

APRIL 8, 2021

If enacted, city and county governments could still maintain owner-occupancy requirements on lots containing an ADU but also provide for exemptions, such as age, illness, financial hardship or disability. Local governments would have two years to adopt a system for reviewing hardship cases or lose the right to require owner-occupancy status.

Inventory 36

Inventory New Listings HOA Buyers 36

Will Springer Realtor

APRIL 11, 2023

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. The one-page report includes new listings, pending sales, sold homes and prices for any area – a city, ZIP code or even a street.

Housing Market 36

Housing Market Marketing Buyers Sellers 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. County economists forecast a 2024 decline in new construction, slipping to $9.9B

Real Estate 68

Real Estate Buyers Sellers Inventory 68

Appraisal Today

AUGUST 25, 2023

I have seen this type information before, but mostly from contacting companies, recruiters or government databases. In Bakersfield, for example, Golden Empire MLS participants can submit a form to post new listings, open houses and price changes. But the MLS is also finding new benefits in its partnership with RPR®.

Appraisal 77

Appraisal Real Estate Agent Agents Real Estate 77

Will Springer Realtor

JANUARY 11, 2023

The number of new listings for all home types – single-family, townhomes and condos combined – in King (887) fell 47% from November and declined 36% from December 2021. A patch of foul weather and persistent economic challenges chilled an already cold housing market. LUXURY LIVING.

Housing Market 36

Housing Market Contracts Architecture Buyers 36

Will Springer Realtor

NOVEMBER 14, 2023

Sales activity across the county is at historic lows; no October has experienced fewer listings in King County – not even close – since at least 1992 when records were first archived online. New listings for all home types in King County stood at 2157, a whopping 25% drop from September to October. Closed sales fell 0.9%

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

MAY 9, 2023

Forget investing in a new home, you might want to look at kitchen and bath suppliers and remodelers as wise investments! THIS LAND IS YOUR LAND Local governments across our state (including North Seattle looking south, pictured) are undergoing a massive review of their land-use regulations in something called a Comprehensive Plan.

Real Estate 36

Real Estate Modernization Construction Supply Chain 36

Will Springer Realtor

SEPTEMBER 12, 2023

The few homes that are available are selling quickly and at or above list price.” fewer new listings, the number of sales rose 1.7% August’s figures in King County were in a narrowly mixed range compared with July. While there were 5.8% against the previous month. Prices were flat to slightly higher since July.

Sellers 36

Sellers Development Retail Real Estate 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

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

MAY 9, 2022

Let’s just hope government leaders and other influencers remember to bring everyone along for the ride. 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. DID SOMEBODY SAY, ‘HOUSING BUBBLE?’. Are we in a housing bubble?

Architecture 36

Architecture Design Buyers Construction 36

Will Springer Realtor

DECEMBER 12, 2023

The federal government is offering to cover the costs of ripping out and replacing the lead pipes – buried deep in soil, concrete or asphalt – but not for locating them. Oregon turned down $37M from the federal government, AP reported. The Eastside led the way with a 33% drop-off in new listings (420) and Seattle fell 31% (586).

Real Estate 36

Real Estate Buyers Housing Market Law 36

Will Springer Realtor

MAY 12, 2021

For example, House lawmakers added a provision late in the drafting process that allows local governments to indefinitely retain owner-occupancy requirements on properties with an ADU if the municipalities hold two public meetings and demonstrate a need.

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. >> Some highlights from the Northwest Multiple Listing Service (through July): The combined number of condo, townhome and single-family homes on the market as of Aug.

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. LUXURY LIVING Jeff Bezos is (indirectly) in the news with a new listing of his former Bellevue home. It’s a 3-bedroom, 1.75-bathroom

Development 36

Development Design Housing Market Real Estate 36