Will Springer Realtor

MAY 9, 2023

The chart (below) puts it in sharp focus: Except for the pandemic year of 2020 when there were 2559 new listings that April, last month was the slowest April since at least 2008 when easy access to Northwest Multiple Listing Service data became available. Where are all the sellers? There are 1.7 months in Seattle and 1.2

New Listings 67

New Listings Mortgage Inventory Buyers 67

Housing Wire

MAY 21, 2023

New listings data fell, however, active inventory grew. Here’s a quick rundown of the last week: Total active listings grew by 3,809 weekly, but new listings are still trending at all-time lows. However, at this time last year, we saw some new listings growth versus 2021 levels. million.

Housing Market 487

Housing Market Mortgage Marketing Inventory 487

Housing Wire

APRIL 23, 2023

Here’s a quick rundown of the last week: Active listings rose by 8,546 , and new listing data showed some growth. If that is the case, then this week’s gain in active inventory and new listings needs to be taken with a grain of salt until we get next week’s data. However, I will take what I can now.

Housing Market 540

Housing Market Inventory Mortgage Marketing 540

Housing Wire

MAY 7, 2023

Just when I thought it was safe to say we were getting more traditional spring housing inventory , we hit a snag last week, as active inventory and new listings declined. New listing data was trending at all-time lows in 2021 abd 2022 and now it’s creating a new all-time low trend in 2023.

Inventory 502

Inventory Housing Market Mortgage Marketing 502

Housing Wire

APRIL 16, 2023

The seasonal housing inventory bottom evaded us again last week as active listings fell and new listing inventory decreased. Here’s a quick rundown of the last week: Active inventory fell 5,383 last week, and new listing data is still trending at all-time lows in 2023.

Housing Market 514

Housing Market Inventory Mortgage Marketing 514

Housing Wire

APRIL 30, 2023

Weekly housing inventory Since new listing data was trending at all-time lows in 2023, some feared we wouldn’t see the typical spring inventory increase. After the last few weeks , we can put that fear aside: we are finally getting the seasonal increase in active listing. This link explains the difference and is worth a read.

Inventory 515

Inventory Housing Market Marketing Mortgage 515

Housing Wire

MAY 14, 2023

Yes, we found the seasonal bottom for housing inventory on April 14, but this year’s rise in active listings has been tepid at best. Here’s a quick rundown of the last week: Total active listings grew 662 weekly, and new listing data is still trending at all-time lows. This doesn’t appear to be the case for 2023.

Housing Market 407

Housing Market Mortgage Marketing Inventory 407

Housing Wire

APRIL 9, 2023

Active inventory rose by 823 single-family homes and new listing data is trending at all-time lows. New listing data rose last week but is still trending at all-time lows in 2023. The last thing the housing market needs is for new listing data to decline, so the growth we saw last week is a plus.

Housing Market 539

Housing Market Mortgage Marketing Inventory 539

Housing Wire

MARCH 26, 2023

Active inventory fell 1,109, and new listing data made a lovely comeback week to week but was still noticeably down year over year. One piece of good news last week was that the new listing data, which saw a significant collapse two weeks ago, rebounded excellently to return to a usual trend.

Housing Market 464

Housing Market Mortgage Inventory Marketing 464

Housing Wire

SEPTEMBER 13, 2022

Typically we have a natural set of new listings each year; inventory rises in the spring and summer and then falls in the fall and winter. It wasn’t the rate move that caught my attention — it was the new listing data. As you can see below, that sharp move to 6.25% caused new listing data to stall at first.

Mortgage 519

Mortgage Inventory Housing Market Sellers 519

Housing Wire

NOVEMBER 9, 2022

Since the end of June, we have seen that the home seller called it quits earlier this year than usual, and now the new listing data is negative year to date. New listing data is down 5% year to date, as you can imagine. This means less demand for housing. We haven’t had 12 months of data yet with this reality.

Mortgage 478

Mortgage Inventory Housing Market New Listings 478

Housing Wire

MARCH 6, 2023

Weekly inventory fell much more than the previous two weeks, down 11,021; new listing growth had its lowest weekly calendar print for this previous week. The new listing data had its lowest weekly print ever, down slightly from last year but more noticeably from what we traditionally saw in the previous decade.

Housing Market 432

Housing Market Inventory Mortgage Marketing 432

Housing Wire

AUGUST 10, 2022

One of the most important housing market stories in recent weeks has been the decline in new listings , which has slowed the growth rate of total inventory. Redfin : Realtor.com : Altos Research : Clearly, we are seeing a slowdown in new listings as the data has been negative now for months. What does this mean?

Inventory 526

Inventory Mortgage Housing Market Sellers 526

Housing Wire

MAY 28, 2023

Here’s a quick rundown of the last week: Active inventory grew 8,914 week to week, even though new listing data is still trending at all-time lows in 2023. In 2022, when the housing market was dealing with a sharp move higher in mortgage rates, the new listing data grew higher than the same week in 2021.

Mortgage 195

Mortgage Housing Market Marketing Inventory 195

Housing Wire

APRIL 3, 2023

Active inventory fell by 3,141, and new listing data fell again and is still trending at all-time lows. Today, per the previous existing home sales report, we are at 980,000 total active listings. New listing data fell last week and is still trending at all-time lows in 2023. Mortgage rates rose to 6.57%.

Housing Market 484

Housing Market Inventory Mortgage Marketing 484

Housing Wire

DECEMBER 21, 2022

We have had two historic events that created a waterfall dive in demand recently; we now have precise data showing new listing data declining with those events, which shows how important that data line is to housing demand. Mortgage rates spiked in March, and then the new listing data started to decline at the end of June.

Inventory 503

Inventory Housing Market Mortgage Sellers 503

Sacramento Appraisal Blog

MAY 2, 2023

Today I want to show what’s happening with new listings and talk about concessions. Sellers have been sitting out of the housing market, and it’s made a massive difference in 2023 so far. I hope this is useful, whether you’re local or not. Scroll by topic or digest slowly.

Housing Market 299

Housing Market Sellers Buyers Appraisal 299

Housing Wire

APRIL 26, 2023

According to Logan Mohtashami, lead analyst at HousingWire, active and new listings fell two weeks ago based on Altos Research data. If that is the case, then this week’s gain in active inventory and new listings needs to be taken with a grain of salt until we get next week’s data,” Mohtashami wrote.

Mortgage 403

Mortgage Loan Officers Inventory Buyers 403

Housing Wire

JANUARY 23, 2023

One week after that prediction, the new listing data declined faster and earlier than usual. million active listings if new listing data declines in 2023. Given the seasonality factor, it’s very important that we get traditional new listing growth every year to keep the housing market working as normal.

Housing Market 516

Housing Market Mortgage Marketing Inventory 516

Housing Wire

FEBRUARY 3, 2023

Home sellers are listing very few homes right now, probably because they have very cheap mortgages, and any new home they move into will have significantly higher payments. As a result, inventory declined with few new listings and a surprising number of buyers. The median price of new listings is currently $379,900.

Housing Market 338

Housing Market Mortgage Marketing Inventory 338

Housing Wire

MARCH 12, 2023

Weekly inventory fell by 6201 , and new listing data is down noticeably from last year, which was different than last week. The 10-year yield, already at a key critical level, couldn’t break higher but reversed and went lower Friday after the jobs report and the news around Silicon Valley Bank. million in 2023.

Mortgage 368

Mortgage Housing Market Inventory Marketing 368

Housing Wire

DECEMBER 2, 2021

During the four week period ending November 28, the number of active listings was a 23% decrease compared to the same time period in 2020 and a 42% drop compared to 2019. The number of new listings was also down compared to 2020, dropping 4%, but it was 12% higher than the number of new listing during the same time period in 2019.

Inventory 516

Inventory Mortgage Housing Market New Listings 516

Housing Wire

JULY 29, 2022

metropolitan areas in February 2022, based on year-over-year growth in median listing price according to the residential real estate listing website, Realtor.com. The table also reports the year-over-year percent change in new listings for each market. Table 1, below, reports the 10 hottest U.S. Bellingham, WA 51.7% -8.3%

Housing Market 414

Housing Market Sellers Marketing Inventory 414

Housing Wire

FEBRUARY 27, 2023

Weekly housing inventory decreased by 6,801, while new listing data is still negative year-over-year. 11-18): Fell from 247,385 to 243, 916 Another storyline with inventory is taking hold now, and new listing growth once again is negative year over year. Weekly inventory change (Feb. million to reach 2019 levels.

Housing Market 422

Housing Market Mortgage Marketing Inventory 422

Housing Wire

MAY 11, 2022

While today’s pace is still quite robust – 27% of new listings that hit the market went into contract immediately this week – this “immediate sales” number has started slowly dropping. A sharp drop in the price of new listings. reached a new record high at $432,000. Up to this point, home prices are up.

Inventory 417

Inventory Real Estate Buyers New Listings 417

Housing Wire

DECEMBER 3, 2020

Total home sales are outpacing new listings by a wide margin every month, and real estate tech company Homesnap foresees the shortage continuing in 2021 unless more sellers enter the market. The divide between supply and demand is striking: compared to last year, total new listings increased.22%,

Housing Market 546

Housing Market Inventory Marketing Real Estate 546

Housing Wire

JANUARY 20, 2023

During that period, we saw new listing data decline. However, in 2020 new listing data came back, and we don’t want to see the new listings continue to decline this year — that would be a double negative for the housing market.

Inventory 535

Inventory Mortgage Housing Market Sellers 535

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 376

Housing Market Mortgage Marketing Inventory 376

Inman

MARCH 6, 2023

Black Knight data shows new listing volume is down 25 percent in January compared to pre-pandemic levels, the biggest drop since most of the country was in lockdown.

New Listings 158

New Listings Mortgage Inventory Marketing 158

Housing Wire

APRIL 5, 2021

Instead of making up for the shortfall, new listings have slumped further in 2021. Year-over-year, new listing volumes were down 16% in January and 21% in February — amounting to a 125,000 deficit in inventory compared to the same time in 2020. Home prices in most big cities also increased.

Inventory 511

Inventory Buyers Mortgage New Listings 511

Housing Wire

FEBRUARY 6, 2023

And should we be concerned if new listing data doesn’t grow much this year? A great chart from Freddie Mac shows the trouble with having rates too high as new listing data declines. One thing we have seen post COVID-19 that when new listing data does decline, we can have a waterfall dive in demand.

Housing Market 456

Housing Market Inventory Mortgage Marketing 456

Housing Wire

JANUARY 12, 2023

Reflecting the seasonality of the market and home sellers’ increased reluctance to list amid weakening buyer demand and a volatile mortgage rate environment, the number of new listings was down 21.0% year over year in December and down 17.7% compared to December 2019.

Inventory 515

Inventory Mortgage Buyers Sellers 515

Housing Wire

NOVEMBER 18, 2022

Seasonal impacts are the norm with housing, and new listing data is negative 6% year to date. We saw new listing data decline when rates got to 6.25% the first time. With today’s report, we see the continued trend of demand destruction from higher rates and a lack of new listing growth.

Inventory 484

Inventory Housing Market Marketing Mortgage 484

Housing Wire

MAY 4, 2023

The number of new listings coming on the market this spring is lower than it has been in more than a decade. Sales and new pending contracts are below pre-pandemic levels. New listings activity will continue to be very low throughout much of 2023. Selective sellers. Who is selling right now?

Housing Market 398

Housing Market Marketing Mortgage Inventory 398

Housing Wire

AUGUST 30, 2022

I don’t need to see total active listing get back to the historical range of 2-2.5 New listings are declining now. Inventory is always seasonal, but the decline in new listings this year was not what I wanted to see. This is not encouraging news at all, in my view. From Redfin.

Inventory 395

Inventory Housing Market New Listings Marketing 395

Housing Wire

AUGUST 17, 2020

Meanwhile, new listings in rural areas fell 14.2% In urban areas, new listings remained flat year over year. The post New interest from city dwellers raising home prices in rural areas appeared first on HousingWire. Home supply in rural areas went down 37.9% year over year, and down 31.8% decline in urban areas.

New Listings 545

New Listings Buyers Real Estate Housing Market 545

Appraisal Buzz

FEBRUARY 25, 2022

The number of newly listed homes for sale during the four weeks ending February 20 was down just 2% year over year, according to a new report from Redfin. More new listings were met with hearty demand. That’s the smallest decline since mid-November. Pending sales rose 1%, the first increase since mid-January.

Appraisal 370

Appraisal Mortgage Buyers New Listings 370