Housing Wire

JANUARY 1, 2024

If I am wrong and mortgage rates go lower for longer and we don’t get more new listings in 2024, then home prices can grow faster in 2024 because we will have the same issue as before: too many people chasing too few homes. So, this is something to consider only if we see an increase in stressed inventory.

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Housing Market Marketing New Listings Construction 522

Housing Wire

DECEMBER 28, 2022

First, mortgage lending standards have remained high after the last bubble. The last time we saw prices decline, the combination of declining prices and bad mortgages forced inventory onto the market. This time, declining prices are likely tempering the pace of inventory going onto the market rather than accelerating.

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Housing Market Marketing Inventory Mortgage 478

Housing Wire

MARCH 6, 2023

Price impacts could strengthen again if 30-year rates continue to climb, as they have through late February, although tight inventory will put a floor on how much prices will ease, the report noted. in recent months due to a combination of falling demand and a weakening inflow of new listings. With 30-year rates at 6.5%

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Housing Market Marketing Inventory Sellers 377

Housing Wire

FEBRUARY 6, 2023

As sales volumes continued to slump, inventory growth stalled, as sellers are taking a step back from listing their homes. New listing volumes were 23% below pre-pandemic average in December, marking the largest monthly deficit on record outside of April 2020.

Inventory 380

Inventory Mortgage New Listings Home Value 380

Will Springer Realtor

JANUARY 9, 2024

The 802 new listings in December was a low not seen since records were archived online from 1990. No other month has fallen below 1000 new listings in more than three decades of record keeping. No other month has fallen below 1000 new listings in more than three decades of record keeping. But by how much?

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Housing Market Marketing Inventory Lending 60

McKissock

MARCH 19, 2021

FHFA extends relaxed lending and appraisal standards to the end of April. A record-breaking 36% of homes sold above list price in February, due to historic homebuyer competition. Housing is expected to remain resilient despite low inventory, with accelerated U.S. Read on for the latest in appraisal news. in Q2 and 6.6%

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Housing Market Appraisal Marketing New Listings 90

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 49

New Listings Inventory Realty Buyers 49

Will Springer Realtor

APRIL 9, 2024

In turn, consumers experience the trickle-down effect in the form of costlier lending rates when holding credit card debt or purchasing cars and homes. 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.

Marketing 59

Marketing Inventory Buyers Sellers 59

Will Springer Realtor

FEBRUARY 13, 2024

The number of newly listed homes more than doubled from December and increased moderately compared with the same time last year, according to data from the Northwest Multiple Listing Service (MLS). Total inventory remains low, however, keeping prices higher on an annual basis. months’ inventory, up from 1.4 King had 1.8

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New Listings Buyers Inventory Lending 53

Will Springer Realtor

DECEMBER 12, 2023

The Eastside led the way with a 33% drop-off in new listings (420) and Seattle fell 31% (586). By comparison, there were exactly 2900 new listings across our county in November 20 years ago. Months of inventory for single-family homes was flat at 1.7 (or Inventory was at 1.9 A typical year will include 5.2M

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Housing Market Marketing New Listings Buyers 41

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. Read More ».

New Listings 41

New Listings Inventory Realty Buyers 41

Lamacchia Realty

JUNE 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.

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New Listings Inventory Inspection Buyers 36

Will Springer Realtor

SEPTEMBER 12, 2023

fewer new listings, the rate of sales rose 1.7% Two data points stood out from the latest report by the Northwest Multiple Listing Service: The aforementioned new listings for all homes in the county – 2684 – is at a low not seen for an August since records were shared with brokers (like me) dating back to the mid-1990s. “I

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Finance Inventory Construction Buyers 67

Empire Appraisal Group

SEPTEMBER 8, 2022

Or to discourage mortgage brokers from lending. In an unintentional collaboration, depressing news can have a chilling effect on the housing market. The market is adjusting to a new reality, with much lower sales volumes and far more inventory,” says Ian Shepherdson, chief economist at Pantheon Macro.

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Housing Market Marketing Real Estate New Listings 78

Boston Appraisal

JULY 22, 2019

This will be a relief for aspiring buyers burdened by dwindling inventory, high prices, and competition, particularly in hot markets like the Bay Area and Greater Boston. The number of listings available on the market has progressively improved in recent months across the country, with unsold inventory reaching a 4.3-month

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Marketing Housing Market Real Estate Buyers 78

Boston Appraisal

JULY 22, 2019

This will be a relief for aspiring buyers burdened by dwindling inventory, high prices, and competition, particularly in hot markets like the Bay Area and Greater Boston. The number of listings available on the market has progressively improved in recent months across the country, with unsold inventory reaching a 4.3-month

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Marketing Housing Market Real Estate Buyers 78

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. New listings for all home types in King County stood at 2157, a whopping 25% drop from September to October. Single-family inventory narrowed to 1.7

Inventory 36

Inventory Buyers Sellers New Listings 36

Will Springer Realtor

OCTOBER 10, 2023

First a look at September’s numbers: A wave of last-chance listings for the year hit the market after Labor Day. That increased new listings by 7.5% (2884) and available homes on the market by 12% (3602) between Sept. Seattle alone saw a 29% (1213) monthly increase in new listings. Single-family inventory is 1.8

Buyers 63

Buyers Inventory Sellers Housing Market 63

Will Springer Realtor

MARCH 14, 2023

“The number of homeowners deciding to sell continues to lag, but inventory and time on market continue to [mostly] climb, reflecting still-hesitant buyers.” Condo inventory stands at 1.7 months’ inventory for all home types, down sharply from 2.3 Eastside inventory is 1.4 Eastside inventory is 1.4 in Seattle.

Marketing 36

Marketing Buyers Inventory 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. Buyers and sellers tiptoed through caution. Is the market getting ahead of itself?

Real Estate 68

Real Estate Buyers Sellers Inventory 68

Will Springer Realtor

JANUARY 9, 2024

The Federal Reserve recently updated its forecast, hinting at a potential decrease of about 75 basis points (0.75%) in its short-term lending rate by the year’s end – promising news for borrowers in 2024. The Fed’s revised lending forecast sparked a celebratory mood among investors, particularly those tracking U.S.

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Listing Spark

OCTOBER 13, 2022

There is more inventory available and home sales are down. months of inventory, well below a balanced market of 6 months of inventory. New listings are down 6%, so there are less homes coming onto the market than there were this time last year. If you’re an Austin home buyer, there is a lot of good news.

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Housing Market Real Estate Marketing Buyers 36

Will Springer Realtor

SEPTEMBER 8, 2021

There are no signs of a real estate crisis, particularly in the Puget Sound region, where prices keep rising – up about 20% the past year and 68% in Seattle alone since 2016, by one measure – amid a dearth of inventory and surge of buyers. Active listings as of Sept. A drying up of listings sent inventory figures lower.

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Construction Inventory Buyers Real Estate 36

Will Springer Realtor

OCTOBER 11, 2022

While investors of mortgaged securities help dictate their interest rates, the Federal Reserve is behind the scenes influencing the overall lending environment. Counties in and near Chicago and New York City were seen as the most vulnerable to today’s economic headwinds. months (or 40 days) worth of inventory is on the market.

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Housing Market Marketing Buyers Real Estate 36

Will Springer Realtor

MAY 9, 2022

That was within the 28% ceiling considered affordable by common lending standards. Headline writers will latch on to one figure from the latest market report from the Northwest Multiple Listing Service (MLS) – $1,019,950. ” The increased number of listings and slight slow-down of the market have helped boost inventory numbers.

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Architecture Design Buyers Construction 36