Sacramento Appraisal Blog

FEBRUARY 7, 2023

There is so much talk about buyers sitting on the sidelines right now, but let’s talk about sellers who are also sitting. This is a local trend, but it’s something showing up in many markets across the country also.

Sellers 325

Sellers Housing Market Marketing Real Estate 325

Appraisal Buzz

SEPTEMBER 1, 2022

Realtor.com’s latest housing data release for August reveals that listing prices decelerated for the third month in a row, as more sellers hit pause on listing homes and homes for sale spent more time on the market than last August.

Sellers 195

Sellers Marketing New Listings Inventory 195

Housing Wire

APRIL 5, 2022

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% increase and Elmira with 3%, according to the news release.

Sellers 458

Sellers Inventory New Listings Real Estate 458

Appraisal Buzz

SEPTEMBER 2, 2021

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.

New Listings 150

New Listings Inventory Sellers Appraisal 150

Housing Wire

FEBRUARY 14, 2024

Meanwhile, other homes are lingering on the market for months and driving up the typical age of listings on Zillow to 72 days. To lure more buyers, sellers are coming to terms with the market conditions and are agreeing to apply price cuts to their homes. In January, one in five houses listed on Zillow included a price cut.

New Listings 417

New Listings Sellers Housing Market Buyers 417

Housing Wire

MARCH 6, 2024

Bad for sellers Prospective home sellers may not notice incremental changes in mortgage rates. percentage points—sellers take notice. Facing these realities, many would-be sellers decide to stay put. This is clear in the chart below, which shows the year-over-year percent change in the four-week average of new listings.

Mortgage 438

Mortgage Sellers New Listings Buyers 438

Appraisal Buzz

APRIL 15, 2022

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. The post Redfin Sees Changes in Lowered Demand as Sellers Begin to Drop Prices appeared first on Appraisal Buzz.

Sellers 195

Sellers New Listings Appraisal Mortgage 195

Appraisal Buzz

MAY 20, 2022

Homebuyers may finally start to notice signs that the market is shifting toward their favor, as more sellers came to the market during the four weeks ending May 15, according to a new report from Redfin. The post Redfin Reports Slowing Demand, More Sellers Coming to Market appeared first on Appraisal Buzz.

Sellers 150

Sellers Marketing New Listings Appraisal 150

Housing Wire

MARCH 23, 2024

The growth isn’t just in active inventory but also new listings. We’re not seeing seller stress in the inventory data but just a typical increase in inventory when rates are higher, which looks perfectly normal. Weekly housing inventory data The best housing story for 2024 so far is that inventory is growing yearly.

Mortgage 515

Mortgage Inventory New Listings Housing Market 515

Housing Wire

DECEMBER 30, 2023

Since I believe most home sellers are also homebuyers, once new listings created a new low level after mortgage rates reached over 6% in 2022, it added another layer of home demand falling off a cliff. What we want to see in 2024 is new listing data growing in the spring season. Weekly inventory change (Dec.

Inventory 514

Inventory New Listings Housing Market Mortgage 514

Housing Wire

APRIL 6, 2024

Weekly housing inventory data — both active inventory and new listings — are prone to one-week moves that deviate from a trend, especially if people are going Easter egg hunting. So, the fact that active inventory and new listings data fell last week isn’t a big deal. However, for now, this is a plus for the U.S.

Inventory 471

Inventory New Listings Mortgage Housing Market 471

Housing Wire

FEBRUARY 26, 2024

Before the new law was enforced, many condo associations were investing their reserves in government-insured instruments, sacrificing their liquidity to generate a return. As a result, new condo listings are flooding the market in Florida as sellers try to unload their properties at a discount.

HOA 485

HOA Law Insurance New Listings 485

Housing Wire

MARCH 2, 2024

Let’s take a look at the inventory data this year to test this premise, since for many months it has been a working theory of mine that new listings data behavior last year marked a bottom and even going into 2024 we should see more sellers. Here is a look at inventory last week: Weekly inventory change (Feb.

Inventory 534

Inventory Mortgage New Listings Housing Market 534

Housing Wire

APRIL 19, 2024

A surge in new listings of luxury homes was not enough to curb the price growth associated with rising demand. New listings of luxury homes soared 18.5% During the three months ending Feb. 29, nearly half (46.8%) of luxury homes sold were purchased in cash, up from 44.1% during the same period a year ago. year over year.

Luxury Properties 462

Luxury Properties New Listings Buyers Housing Market 462

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 520

Mortgage Inventory New Listings Sellers 520

Sacramento Appraisal Blog

NOVEMBER 15, 2023

It’s that time of year where we see less new listings due to sellers hibernating for the holidays, and some of the existing inventory just feels as stale as Aunt Tina’s green bean casserole that nobody wants to see during Thanksgiving. The housing market feels like leftovers right now.

Housing Market 322

Housing Market Marketing New Listings Inventory 322

Housing Wire

SEPTEMBER 15, 2023

A lot of sellers are also willing to let buyers slip away because they don’t want to concede to repair requests,” Morre said. New Listings Tick Up Slightly, But Overall Housing Supply Remains at Record Low New listings rose 0.8% Year-over-year new listings were down 14.4%.

Buyers 421

Buyers Mortgage New Listings Real Estate Agent 421

Housing Wire

DECEMBER 9, 2023

9): Inventory fell from 550,302 to 536,409 The inventory bottom for 2022 was 240,194 The inventory peak for 2023 so far is 569,898 For context, active listings for this week in 2015 were 1,050,971 The new listing data has been trending at the lowest levels ever for 17 months now. Weekly inventory change (Dec.

Mortgage 533

Mortgage Inventory New Listings Sellers 533

Housing Wire

DECEMBER 14, 2023

Meanwhile, new listing activity also inched up slightly in recent weeks, another good sign for homebuyers who have more options. One LO said he quoted an FHA borrower at 5.7%. A promising winter market Business for the mortgage industry has picked up considerably since Thanksgiving, with homebuyers jumping on lower rates.

Mortgage 485

Mortgage New Listings Loan Officers Inventory 485

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 522

Inventory New Listings Housing Market Sellers 522

Housing Wire

NOVEMBER 9, 2022

NAR total inventory data 1,250,000 One thing about purchase application data and demand is that a traditional seller is typically a buyer of a home. 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 Listings 495

New Listings Inventory Housing Market Sellers 495

Housing Wire

JANUARY 20, 2024

Housing inventory, new listing data and mortgage rates are all rising, but the price cut data percentages are falling. New listings data While new listings data isn’t growing in significant terms year over year — sorry, silver tsunami crowd — it is showing growth year over year. So far, so good in 2024.

Inventory 541

Inventory Mortgage New Listings Sellers 541

Housing Wire

NOVEMBER 25, 2023

18): Inventory fell from 569,571 to 564,571 The inventory bottom for 2022 was 240,194 The inventory peak for 2023 so far is 569,898 For context, active listings for this week in 2015 were 1,104,514 New listings data fell weekly but showed positive year-over-year growth. Weekly inventory change (Nov.

Inventory 536

Inventory Mortgage New Listings Buyers 536

Housing Wire

DECEMBER 21, 2022

.” One of the housing economic realities that I have been trying to stress this year is that a traditional seller of a home is typically a buyer as well. This explains why total active listing inventory data has been stable over the decades, with the exception of 2006-2011, when those forced distressed credit home sellers couldn’t buy.

Inventory 528

Inventory New Listings Housing Market Sellers 528

Housing Wire

JANUARY 13, 2024

So let’s hope for more home sellers in 2024. 6-13): Inventory rose from 471,349 to 473,406 The inventory bottom for 2022 was 240,194 The inventory peak for 2023 is 569,898 For context, active listings for this week in 2015 were 931,002 I don’t want to jinx this because active inventory rose last year at this time. 2022 21.7%

Inventory 533

Inventory New Listings Retail Mortgage 533

Housing Wire

JANUARY 6, 2024

Now that mortgage rates have fallen and as we start the brand new year, we need to focus on this data line more. I believe we should get more sellers in 2024 than in 2023, but that doesn’t necessarily mean home prices will fall. Both these years were the lowest new listing levels before rates rose, so it’s not asking for much.

Inventory 542

Inventory New Listings Housing Market Mortgage 542

Housing Wire

APRIL 15, 2024

New Orleans, San Antonio, Tampa, Orlando and Jacksonville are among the locales that posted the slowest month-over-month price growth in March. Sold homes were listed for a week or less in 17 major metros. On the other hand, nearly 27% of homes sold for more than list price in February, compared to less than 19% in 2019.

Housing Market 436

Housing Market Inventory Buyers New Listings 436

Housing Wire

FEBRUARY 4, 2024

New listings were trending at the lowest levels ever in 2023, but that should not be the case in 2024. Never forget most sellers are buyers of homes as well, especially if the economy isn’t in a job loss recession. Never forget most sellers are buyers of homes as well, especially if the economy isn’t in a job loss recession.

Inventory 517

Inventory Mortgage New Listings Housing Market 517

Housing Wire

DECEMBER 2, 2023

18): Inventory fell from 564,571 to 550,302 The inventory bottom for 2022 was 240,194 The inventory peak for 2023 so far is 569,898 For context, active listings for this week in 2015 were 1,081,712 The one positive inventory story in 2023 is that we formed a bottom in the new listings data! Weekly inventory change (Nov.

Mortgage 543

Mortgage Inventory New Listings Sellers 543

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%,

Inventory 546

Inventory Housing Market Marketing New Listings 546

Housing Wire

JANUARY 10, 2024

You’re excited to get your next listing on the market, but now you’re feeling the pressure to do an amazing job for your sellers, who have put their trust in you and are excited about making a move. It can net your seller thousands or tens of thousands more when you do this right! Make sure both places shine.

Sellers 411

Sellers Inspection Agents Clients 411

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.

Inventory 538

Inventory Housing Market Marketing New Listings 538

Mortgagebroker News

OCTOBER 17, 2023

A significant trend has been noted of late

New Listings 72

New Listings Sellers Housing Market Marketing 72

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.

Inventory 489

Inventory New Listings Mortgage Retail 489

Housing Wire

DECEMBER 16, 2023

This is what we see, and it’s much needed; we need more new listings and not fewer. New listings data for last week in the last several years: 2023: 39,613 2022: 34,973 2021: 39,936 Traditionally, one-third of all homes will have price cuts before they sell. Weekly inventory change : (Dec.

Inventory 535

Inventory New Listings Mortgage Law 535

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. Bright MLS’ recent survey showed that sellers in the Mid-Atlantic received an average of 3.4 Selective sellers. Who is selling right now?

Housing Market 421

Housing Market Marketing Inventory Buyers 421

Housing Wire

APRIL 18, 2024

The one thing that is positive this year which is different than last year is new listing data is rising year over year, nothing spectacular, but it’s a positive story for housing This means we have more sellers that will be buyers in 2024.

Inventory 485

Inventory Housing Market New Listings Buyers 485