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 Wire
DECEMBER 2, 2023
Purchase application data Hello, early Christmas present! One concern with higher mortgage rates was that more sellers — who are traditional buyers — would not list their homes. I talked about growth in the new listings data on CNBC as it appeared to me we were forming a bottom months ago.
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Housing Wire
NOVEMBER 11, 2023
We saw some good growth this week, and hopefully, in 2024, we can close the gap and get back to 2021-2022 data on new listings. That is the critical period for new listing data to grow; remember, most sellers are buyers. Weekly inventory change (Nov.
Housing Wire
JUNE 17, 2021
The report also shows the housing market also set new records for home-selling speeds and competition, although seasonally adjusted home sales and new listings flattened from April. “Sellers are still squarely in the drivers’ seat, but buyers have hit a limit on their willingness to pay. . from April.
Housing Wire
JULY 13, 2023
Though a strong job market and cooling inflation means many households will be in a good position to buy a house, high mortgage rates and still-high housing prices continue to present stiff challenges, said Realtor.com economist Jiayi Xu. As a result, home purchases are slowing and more pressure is added on home and rental prices.
Housing Wire
AUGUST 18, 2023
Not prequalifying is unprofessional and can waste your time and the sellers. All pricing scripts are best used at the listing table! Don’t lose the listing of a motivated, have-to-sell seller over price. If they have sell, you have to take the listing! Are homes selling on average for 105% of the list price?
Miller Samuel
JUNE 28, 2020
The days on market (DOM) metric is significant to sellers because they don’t want their home to be perceived as overpriced if it sits unsold too long. The longer a listing sits on the market as compared to other listings, the more likely it is over-priced. Only sellers matter? Days on market during Covid-19.
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