Housing Wire

JANUARY 26, 2024

For comparison, the index is benchmarked at a reading of 100 based on 2001 contract activity. The housing market is off to a good start this year, as consumers benefit from falling mortgage rates and stable home prices,” NAR chief economist Lawrence Yun said in a statement. But new listings activity grew by 9.1%

Contracts 482

Contracts Housing Market Construction Inventory 482

Housing Wire

OCTOBER 28, 2022

An index of 100 is equal to the level of contract activity in 2001. Persistent inflation has proven quite harmful to the housing market,” Lawrence Yun, NAR’s chief economist, said in a statement. Yun noted that new listings are down compared to a year ago, as many existing homeowners do not want to give up the 3.0%

Contracts 528

Contracts New Listings Realtors Housing Market 528

Housing Wire

FEBRUARY 29, 2024

For comparison, the index is benchmarked at a reading of 100 based on 2001 contract activity. Meanwhile, new home sales , which are also a measure of contract signings, reached a seasonally adjusted annual rate of 661,000 in January, up 1.5% NAR’s Pending Home Sales Index (PHSI) decreased to 74.3 in January, down from 77.3 in December.

Contracts 459

Contracts Inventory New Listings Realtors 459

Housing Wire

SEPTEMBER 15, 2023

Rates last month surged to 7.23%—the highest since 2001 – sending the typical homebuyer’s monthly payment up significantly from last year. 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 448

Buyers Mortgage New Listings Real Estate 448

Housing Wire

AUGUST 30, 2022

While the growth rate is cooling monthly, we are still in a savagely unhhealthy housing market trying to get national inventory levels back to pre-COVID-19 levels. From the index : I know it seems strange, but existing home sales are falling, and the monthly supply of new homes is at 10.9 million listings. From Redfin.

Inventory 397

Inventory New Listings Law Housing Market 397

Will Springer Realtor

MAY 13, 2024

today – may hold the keys (literally and figuratively) to the housing conundrum. Baby Boomers still have a significant impact on various aspects of society, including the housing market, healthcare and the economy. With the settlement, a wave of new listings hit the market in the past several weeks.

HOA 36

HOA Transportation Construction Buyers 36

Will Springer Realtor

DECEMBER 12, 2023

I wrote in this newsletter 12 months ago about the bumpy – maybe even bruising – housing market of 2022 across Puget Sound and most of the country. Ready to complete another year, the residential real estate market has not improved – some might say it got a little worse. List: $33.9M ($3291/sq. To a happy 2024! =

Real Estate 36

Real Estate Buyers Housing Market Law 36