Inman

FEBRUARY 5, 2024

percent decline in net new listings and a 2 percent decrease in contract signings, driven by mortgage rate fluctuations, according to HouseCanary. Despite a rise in total inventory compared to 2022 and 2023, the market is still behind historical inventory averages as sellers avoid entering a higher rate environment.

New Listings 151

New Listings Contracts Inventory Real Estate 151

Sacramento Appraisal Blog

MAY 2, 2023

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

Housing Market 254

Housing Market Sellers Buyers Marketing 254

Appraisal Buzz

JULY 9, 2021

The sizzling seller’s market shows some signs of cooling, but, according to analysts, “only by a few degrees.” ” 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.

New Listings 195

New Listings Sellers Appraisal Marketing 195

Housing Wire

JUNE 21, 2023

Unlike a typical spring homebuying season in which sellers are also looking to buy a home, people trying to relocate into a bigger or smaller home in the Mid-Atlantic region made up a relatively small share of the housing market. of sales were rental or investment properties or second homes , according to a survey of 1,063 listing agents.

Sellers 370

Sellers Investing Inventory Buyers 370

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 330

Sellers Housing Market Marketing Real Estate 330

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

Inman

OCTOBER 19, 2023

But new listings aren't declining as quickly, Redfin reports. Homebuyers are backing away from the market as mortgage rates continue to climb.

New Listings 164

New Listings Buyers Marketing Mortgage 164

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 468

Sellers Inventory New Listings Real Estate 468

Housing Wire

JUNE 18, 2024

A slight uptick in new listings has taken some of the pressure off sales prices as buyers have more options to choose from. Redfin data shows that new listings new listings were up 0.3% Despite these increases, new listings are still roughly 20% below pre-pandemic levels. year over year in May.

New Listings 451

New Listings Sellers Buyers Mortgage 451

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

AUGUST 24, 2024

18-Aug 25): Inventory rose from 497,361 to 503,924 The all-time inventory bottom was in 2022 at 240,497 The yearly inventory peak for 2024 is this week at 704,744 For some context, active listings for this week in 2015 were 1,215,873 New listings data New listing data is experiencing its traditional seasonal decline.

Inventory 497

Inventory New Listings Sellers Mortgage 497

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

SEPTEMBER 16, 2024

Measuring Inventory & New Listings MoM New listings decreased by 1.1% New listings increased by 0.8% New listings are 21.3% For-sale inventory (the number of listings active at any time during the month) in August increased by 0.2% home this month was listed at $362,143.

Buyers 248

Buyers Inventory New Listings Home Value 248

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

MAY 15, 2024

After an initial rush to get to market in Q2 2022, new listings volume fell precipitously. In July 2022, new listings volume per week dropped from 90,000 at the end of June to approximately 74,000 just after the July 4th holiday. That’s a swing of 17% fewer sellers in just a matter of days.

Mortgage 441

Mortgage New Listings Inventory Sellers 441

Housing Wire

SEPTEMBER 17, 2024

Like the vast majority of the country, the city’s housing market has been stymied by high mortgage rates, low inventory and mismatched expectations between buyers and sellers. Sellers think it’s a seller’s market. Altos considers a score above 30 to be indicative of a seller’s market.

Housing Market 284

Housing Market Marketing Sellers Buyers 284

Housing Wire

SEPTEMBER 15, 2024

Since most sellers are buyers, this data must return to normal before seeing real, long-lasting sales growth. However, I missed my 2024 forecast of at least 80,000 new listings per week this year during the seasonal peak months by roughly 5,000. Weekly inventory change (Sept.

Mortgage 517

Mortgage Inventory New Listings Retail 517

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 430

New Listings Sellers Housing Market Buyers 430

Appraisal Buzz

JUNE 12, 2024

According to the firm’s data, new listings have increased nearly 13% since last year. But as sellers return to the market, some are finding buyers hesitating. But as sellers return to the market, some are finding buyers hesitating. New listings from sellers took a larger-than-average step up, rising 8% from April to May.

Inventory 195

Inventory Buyers New Listings Sellers 195

Housing Wire

SEPTEMBER 12, 2024

New listings, meanwhile, grew slightly on a monthly and yearly basis but were 21% lower than the same month in 2019. Lower rates could stall or slow a normal autumn cooldown, because right now buyers are more likely to be motivated by lower rates than sellers are,“ Zillow explained.

Housing Market 468

Housing Market Marketing Inventory Buyers 468

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 523

Mortgage Inventory New Listings Sellers 523

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 451

Mortgage Sellers New Listings Buyers 451

Appraisal Buzz

JUNE 20, 2024

Conversely, new listings remain near historic lows. Another explanation for the drop in pending sales is a scarcity of new, desirable listings for buyers to select from. New listings are up 7.7% New listings were at 98,527, representing a 7.7% Pending sales were at 86,225, representing a -3.8%

Buyers 397

Buyers New Listings Sellers Mortgage 397

Appraisal Buzz

JUNE 18, 2024

New listings have been inching upward, which has taken a little pressure off of sale prices because buyers have more options to choose from. A drop in mortgage rates would bring both buyers and sellers back to the market, which could either accelerate price growth or pull it back depending on who comes back with more force.

New Listings 195

New Listings Sellers Buyers Mortgage 195

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 518

Inventory New Listings Housing Market Mortgage 518

Appraisal Buzz

AUGUST 26, 2024

More buyers means more sales, but so far we aren’t seeing prices skyrocket, because the rising number of homes hitting the market is enough to satisfy the increased demand—a positive outcome for both buyers and sellers.” increase in new listings, the number of starter houses on the market surged 18.9% and 3.4%, respectively.

New Listings 444

New Listings Bracketing Inventory Buyers 444

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 328

Housing Market Marketing New Listings Inventory 328

Appraisal Buzz

JUNE 27, 2024

Average asking prices were lowered by over 7% of home sellers, which is higher than it has been since November 2022 and higher than 4.7% Nationwide, the number of new listings is up 8.2% Redfin agents say both buyers and sellers should be realistic about prices in today’s market. a year earlier.

Sellers 417

Sellers Buyers New Listings Agents 417

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 518

Mortgage Inventory New Listings Housing Market 518

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 535

Inventory Mortgage New Listings Housing Market 535

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 493

HOA Law Insurance New Listings 493

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 525

Inventory New Listings Housing Market Sellers 525

Housing Wire

JULY 31, 2024

“It has been four and a half months since the announcement of the NAR settlement, and we have not seen a noticeable change from before the settlement in either the percentage of sellers that offer buyer’s agent commissions or in the average commission amount they’re paying the buyer’s agents,” Compass CEO Robert Reffkin said on the call. “To

Agents 430

Agents Brokerage New Listings Buyers 430

Housing Wire

MAY 23, 2024

New listings have risen approximately 8% compared to last year, yet overall inventory remains below typical spring levels. Simultaneously, persistently high housing costs have driven pending home sales down by 4.2% year over year, the largest decline in three months with the exception of the previous four-week period, which saw a 4.4%

Inventory 490

Inventory Sellers New Listings Buyers 490

Appraisal Buzz

JUNE 10, 2024

of US home sellers reduced their asking price on average, representing the largest percentage since November 2022. And the average active listing has been on the market for 46 days, up 2.3% year-over-year—the largest increase in nine months—indicating that property listings are becoming stale faster than they were a year ago.

New Listings 397

New Listings Sellers Mortgage Agents 397

Housing Wire

AUGUST 4, 2024

While I didn’t get my minimum target of 80,000 new listings during the peak seasonal weeks this year, it was good to see growth. With more sellers who are buyers, we have a bit more demand this year. Weekly inventory change (July 26-Aug. 2): Inventory grew from 677,246 to 683,728 The same week last year (July 27-Aug.

Mortgage 516

Mortgage Inventory New Listings Housing Market 516

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 493

Mortgage New Listings Loan Officers Inventory 493