New Listings Meet Housing Demands

Appraisal Buzz

According to a new report from Redfin, the number of newly listed homes for sale during the four weeks ending February 20 was down just 2% year-over-year—the smallest decline since mid-November. The post New Listings Meet Housing Demands appeared first on Appraisal Buzz.

New Listings Return to 2019 Levels

Appraisal Buzz

” The post New Listings Return to 2019 Levels appeared first on DSNews. The post New Listings Return to 2019 Levels appeared first on Appraisal Buzz.

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New Listings Suggest Shift in Housing Market

Appraisal Buzz

” The post New Listings Suggest Shift in Housing Market appeared first on theMReport.com. The post New Listings Suggest Shift in Housing Market appeared first on Appraisal Buzz.

Homes Selling Above Listing Price, New Listings Decrease

Appraisal Buzz

The post Homes Selling Above Listing Price, New Listings Decrease appeared first on theMReport.com. The post Homes Selling Above Listing Price, New Listings Decrease appeared first on Appraisal Buzz.

Both Inventory and New Listings on the Rise in August

Appraisal Buzz

While the market continues to favor sellers, 432,000 newly listed homes hit the market in August, with once-hotly-contested bidding wars cooling to close out Q3. The post Both Inventory and New Listings on the Rise in August appeared first on DSNews. The post Both Inventory and New Listings on the Rise in August appeared first on Appraisal Buzz.

Toronto home sales – what's happening?

Mortgagebroker News

Decline in new listings shows demand continues to outstrip supply

10 Housing Predictions for 2022

Appraisal Buzz

A new analysis finds that higher rates will end stifle price growth, as new listings will hit a 10-year high in 2022. The post 10 Housing Predictions for 2022 appeared first on theMReport.com. The post 10 Housing Predictions for 2022 appeared first on Appraisal Buzz.

Mike Simonsen on leading indicators of a housing slowdown

Housing Wire

On the other hand, inventory is still near record lows, and there is so much pent-up demand and cash ready to deploy that we are still hitting new record home prices each week. A sharp drop in the price of new listings. reached a new record high at $432,000.

September Home Sales Stunted by Decline in Listings

Appraisal Buzz

New listings of homes for sale fell 9% from a year earlier, and closed home sales were down 5%. The post September Home Sales Stunted by Decline in Listings appeared first on theMReport.com.

Housing inventory has never been lower

Housing Wire

The number of active listings hit an all-time low during the week ending November 28, according to a Redfin report published on Wednesday. I think more new listings will hit the market in the new year, but there will also be a long line of buyers who are queuing up right now.”.

Coming Soon: The Best Week for Homebuying

Appraisal Buzz

Researchers predict 2021’s most buyer friendly days, where they expect new listings to shoot up almost 18%. The post Coming Soon: The Best Week for Homebuying appeared first on theMReport.com. The post Coming Soon: The Best Week for Homebuying appeared first on Appraisal Buzz.

Housing Inventory Gets Boost From Smaller Homes

Appraisal Buzz

More smaller homes are being listed, injecting some much-needed supply into the nation’s housing market as new listings rose 6.5% in July. The post Housing Inventory Gets Boost From Smaller Homes appeared first on theMReport.com.

Relief in Sight for a Housing Market Short on Supply

Appraisal Buzz

A new study has found the gap between net new listings and the number of listings under contract is slowly narrowing, signaling an easing of home supply constraints.

Early-Stage Homebuying Demand Beginning to Falter

Appraisal Buzz

According to Redfin, early-stage homebuying demand is beginning to falter as new listings are down 7% … The post Early-Stage Homebuying Demand Beginning to Falter appeared first on DSNews.

Are Macroeconomic Pressures Beginning to Weigh on the Housing Market?

Appraisal Buzz

According to Redfin, early-stage homebuying demand is beginning to falter as new listings are down 7% … The post Are Macroeconomic Pressures Beginning to Weigh on the Housing Market?

Redfin Sees Changes in Lowered Demand as Sellers Begin to Drop Prices

Appraisal Buzz

Early-stage homebuying demand continues to falter this spring as new listings fell 7% from a year earlier, according to a new report from Redfin.

Fraser Valley posts a nine-month streak of sales growth

Mortgagebroker News

The market also saw its second-highest monthly volume of new listings on record

Fraser Valley posts robust September activity levels

Mortgagebroker News

The pace of new listings is still unable to keep up with demand

Toronto home prices: Growth continues

Mortgagebroker News

Rapidly snapped up new listings more than made up for lower sales in August

Home Prices Up Nearly 20% YoY

Appraisal Buzz

Housing prices jumped the most since summer 2021—up 17% year-over-year to a new high, according to a new report from Redfin. At the same time, a 7% drop in new listings kept homebuyer competition elevated amid rapidly rising mortgage rates.

Housing Inventory Hit Record Lows in January

Appraisal Buzz

Seasonally adjusted new listings fell 12.4% Fewer homes than ever were for sale in January, but homebuyers snapped up what they could before mortgage rates rose further, according to a Redfin. month over month, bringing the number of homes for sale down 2.6% to a record low.

Even with low inventory, expect a strong 2021 housing market

Housing Wire

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 average list price for properties that sold rose 6.7%

Florida Markets Expected to Remain Hot in 2022

Appraisal Buzz

According to a new list published by Zillow, Tampa, Florida will be the hottest market nationwide in 2022 due to a combination of forecasted home value growth, its thriving job market, low inventory, and … The post Florida Markets Expected to Remain Hot in 2022 appeared first on theMReport.com.

With Low Housing Inventory, Housing Prices Climb to Record High

Appraisal Buzz

Housing prices jumped the most since summer 2021 – up 17% year over year to a new high, according to a new report from Redfin. At the same time, a 7% drop in new listings kept homebuyer competition elevated amid rapidly rising mortgage rates. Nearly three in five homes were snapped up within two weeks, an all-time high, and half sold for over the asking price. With so much uncertainty in the world and.

Affordable Homes Are In Short Supply

Appraisal Buzz

According to HouseCanary, a real estate valuation brokerage whose team of economists regularly researches and reports industry trends, there were 287,468 new listings added to the market in September, a 14% decrease since September 2020.

Where Are The Affordable Homes?

Appraisal Buzz

According to HouseCanary, a real estate valuation brokerage whose team of economists regularly researches and reports industry trends, there were 287,468 new listings added to the market in September, a 14% decrease since September 2020.

Appraisal Blog The Realtor’s Guide to Appraisals, Part 3 How Appraisers Choose Comps

Riverfront Appraisals

When pricing a new listing, you’ll first gather all the information about the home and neighborhood. Welcome to your crash course in choosing comps. In this blog post, we’ll discuss the various methods for choosing comparable sales, just the way an appraiser does.

Affordable Properties Remain Out of Reach

Appraisal Buzz

HouseCanary’s latest Market Pulse report, covering 22 listing-derived metrics and comparing data between July 2020 and July 2021, has found that the while the nation’s housing supply remains a detriment for the market, net new listings and the number of listings under contract shrinking is a positive sign that is rectifying itself.

Housing inventory is down 40%. Buyers are paying the price

Housing Wire

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 Tours, Offers and Pending Sales Show ‘A Clear Slowdown From a Few Weeks Ago’

Appraisal Buzz

Although competition continues to drive up home prices, but home tours, offers and pending sales have slowed, according to a new report from Redfin.

New interest from city dwellers raising home prices in rural areas

Housing Wire

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.

Massive home price appreciation set to slow as sellers return

Housing Wire

New listings have not kept up with the large number of families looking to buy, leading to homes selling quickly and often above list price,” Nothaft said. Upstate New York had the lowest appreciation rates in the country, with Ithaca posting a 5.2%

Home sales are beginning to stall as buyers hit their limit

Housing Wire

from May to June, the largest drop at this time of year on record since at least 2012, according to a new Redfin study released this week. “In June we entered a new phase of the housing market,” Fairweather said. And the average sale-to-list ratio hit 102.6%

Buyers 428

Here’s what is happening in local housing markets across the country

Housing Wire

According to a report produced by Douglas Elliman and real estate appraisal company Miller Samuel , single-family home listings sloped down 58% year-over-year in July 2021 to a paltry 20 total in the famous ski-resort town.

Buyers showing renewed interest in condos

Housing Wire

above its asking price, that means it was listed for $301,872, said Daryl Fairweather, Redfin’s chief economist. At the same time, the number of condos for sale dropped 18% from a year earlier, while new listings were up 7.6%. Austin was followed by Rochester, New York (4.9%

Buyers 371

Will a second lockdown cool off the red-hot Seattle housing market?

Housing Wire

Members of the MLS added 10,428 new listings to supply in October, up 24% from last year, but pending home sales were only at 11,039. In November, the state of Washington was placed in a second lockdown until Dec.

Still many refi opportunities out there, new report claims

Housing Wire

The analytics vendor also threw a bit of a wrench at predictions voiced by market experts that a home purchase boom is imminent in late 2021, with the firm finding a 24% quarter-over-quarter dip in “new listing” alerts.

March 2022 South Florida Housing Report

Lamacchia Realty

Broward County single family sales, new listings, and pending sales decreased, but average prices increased year over year. For condos/townhomes, sales and average prices increased, but new listings and pending sales decreased year over year.

Insane lumber prices mean new homes cost $24K more

Housing Wire

The elevated price of lumber is adding approximately $24,000 to the price of a new home,” Fowke said. A Homesnap report said total new listings increased only.22% in December, while total sales increased 19.29%.

More than half of homes sold above asking price in May

Housing Wire

And 54% of homes sold above their asking price in May — another a record high, up from 26% a year ago, according to a new report from Redfin. The average sale-to-list ratio, a measure of how close homes are selling to their asking prices, hit a record high of 102.2%.