Listing Spark

DECEMBER 23, 2020

Across the major markets in Texas, our December real estate market update shows clear data points that we are ending the year in one of the strongest seller’s markets we have seen in modern history. . Months of Inventory (1.2 Months of Inventory (Compared to 3.3 Months of Inventory: (down 1.4 this time last year).

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Appraisal Today

MARCH 8, 2024

Other sources of housing data are showing increases in new listings, which is a real positive for the spring buying season given the lack of for-sale inventory.” ” The refinance share of mortgage activity decreased to 30.2 percent of total applications from 31.2 percent the previous week.

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Will Springer Realtor

MARCH 10, 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.” 1-story, mid-century modern home with basement. Take a video tour and contact me for an in-person visit. For something truly special, check out this masterpiece in Medina.

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Will Springer Realtor

DECEMBER 11, 2022

This year’s “cold down” is stark, with 36% fewer new listings and about 26% fewer homes under contract (Pendings) for all King County home types combined as well as single-family structures alone – and that’s simply from October to November. months of inventory. Inventories across the county for all home types now stand at 2.2

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Will Springer Realtor

MAY 9, 2023

They have also been spending oodles of money to shape their residences to meet new living needs – modern and spacious, when possible – as households live in their homes for longer. Falling new inventory is constraining transaction volumes while also supporting higher home prices.

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Will Springer Realtor

APRIL 8, 2021

To help increase affordable housing inventory, lawmakers are reviewing whether to remove requirements that homeowners must live on-site. The image was taken from a drone above The Parc, a condo in Belltown, where I am promoting one of my new listings. month (or 18 days of inventory), down from 0.9 STATE CAPITAL UPDATE.

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Will Springer Realtor

AUGUST 11, 2023

First, let’s set the scene: Housing inventory is shrinking year to year in most parts of the country and there are no signs of significant replenishment over the horizon. King County new listings fell 13% from June to July (2158), led by a 20% slide in Seattle (690). Tickets Tour Modern Homes, Sept. Pittsburgh).

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Will Springer Realtor

JULY 8, 2022

The King County housing market has seen inventory increase by 55% in the past month, while the number of homes going under contract fell 22% from May to the lowest June level since 2011. While the number of new listings in June jumped 8.2% While the number of new listings in June jumped 8.2% for the last 12 months.

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Will Springer Realtor

JANUARY 9, 2024

The 802 new listings last month were 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 online record keeping. No other month has fallen below 1000 new listings in more than three decades of online record keeping.

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Will Springer Realtor

OCTOBER 11, 2022

Counties in and near Chicago and New York City were seen as the most vulnerable to today’s economic headwinds. New listings and housing supply are on the rise as buyer activity took a dive in September, based on the latest assessment of data from the Northwest Multiple Listing Service. months’ inventory.

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Will Springer Realtor

AUGUST 9, 2022

The market recalibration continues across King County with a sharp drop in new listings, Pending sales and closings while prices decline. Inventories are on the rise, so much so that one area is now considered a buyer’s market. The number of new homes for sale fell 19% (4009) across the county from June to July and 9.5%

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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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Will Springer Realtor

MAY 9, 2022

The number of new and active listings (still on the market on May 1) is trending higher in King month-to-month, but since June 2021 Pending sales (homes going under contract) for all residential units in the county have declined compared to the same month the year before. Inventories rose in the past month across the county (0.8

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Will Springer Realtor

MAY 12, 2021

>> The lack of inventory to keep real estate moving is confirmed with the latest data on U.S. The excess of inventory that occurred in 2007, 2008 and ’09, was an anomaly,” said Marci Rossell, former chief economist for CNBC. Compare that to the end-April total of 4551 Active listings for the two counties, as well as 0.6

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Will Springer Realtor

JUNE 9, 2021

Prices have soared in most areas – including a 30% jump in the past year for single-family homes in King County – amid a shortage of inventory and a sharp rise in the number of buyers. The spring season is nearly over and the number of listings hitting the market has already started to decline, a few weeks earlier than most years.

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Will Springer Realtor

DECEMBER 12, 2023

Inventory continues to shrink to levels not seen since the days of disco, shag carpets and pet rocks. Amid unusually low inventory and an anticipated growing buyer pool, the median price of a single-family home will climb beyond $1M in Seattle’s summer months. List: $10.25M ($2362/sq. at this time in 2023 (quite optimistic!).

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Will Springer Realtor

AUGUST 9, 2021

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. However, we are miles from a balanced market, with King County total active listings still 31% fewer than this time last year. months of inventory available compared with 0.3

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Will Springer Realtor

JUNE 8, 2022

The multi-pronged effort includes legislative and administrative actions to increase the number of affordable units and overall inventory. Even though we’re seeing inventory grow, it remains quite low,” notes Danielle Hale, chief economist at realtor.com. months, Pierce at 0.8 and Snohomish at 0.6. month to month (436) and 6.1%

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Will Springer Realtor

JULY 9, 2021

A new door improves curb appeal, adds modern technology to the house and, based on my observations, doesn’t make as much noise as older models! Home prices are going to continue to go up until the inventory comes back bit,” said Rick Sharga, EVP at real estate information provider Realty Trac. Looking for selection?

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