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Opinion: Riding the wave

Housing Wire

In Denver in particular, new listings increased 29.12% month-over-month and 22.63% year-over-year. Active listings at month’s end rose 13.14% to 5,511 homes, an astounding 45.87% gain year-over-year. They are also aware that they can negotiate on price and terms up front, as well as negotiate at inspection.

Inventory 310
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May 2022 South Florida Housing Report

Lamacchia Realty

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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CAN HOUSING SHORTAGE CATCH UP TO EASTSIDE DEMAND?

Will Springer Realtor

Yes, pockets of King County may experience new home listings lasting for weeks rather than days, fewer offers on homes, bids at or even below the asking price and more of them with contingencies for home inspections and other conditions. That was within the 28% ceiling considered affordable by common lending standards.

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HINTS OF SHARP INCREASE IN NEW CONSTRUCTION

Will Springer Realtor

The rare drop-off came as a decrease in refinance activity canceled out a rise in home-purchase and home-equity lending. >> A Bankrate.com survey found that only 19% of homeowners who had mortgages before the pandemic have refinanced, despite interest rates plunging. Active listings as of Sept. SEPTEMBER HOUSING UPDATE.