Housing Wire

JANUARY 20, 2023

The lack of sellers is also a demand problem and what we saw after June of 2022 is that sellers called it quits earlier and faster in the year than usual, resulting in total existing home sales totaling 5,030,000 to end 2022. During that period, we saw new listing data decline.

Inventory 541

Inventory Housing Market New Listings Marketing 541

Housing Wire

JUNE 21, 2024

However, what is different this year from 2023 is that we have more sellers that will be buyers. As you can see in our new listing data, we are showing growth. Of course, the housing market didn’t have the credit sales boom it had from 2002-2005, but it lacked inventory.

Inventory 482

Inventory Housing Market New Listings Contracts 482

Housing Wire

APRIL 30, 2023

Weekly housing inventory Since new listing data was trending at all-time lows in 2023, some feared we wouldn’t see the typical spring inventory increase. After the last few weeks , we can put that fear aside: we are finally getting the seasonal increase in active listing. didn’t go into recession until 2008.

Inventory 525

Inventory Housing Market Marketing New Listings 525

Housing Wire

NOVEMBER 18, 2022

Seasonal impacts are the norm with housing, and new listing data is negative 6% year to date. We saw new listing data decline when rates got to 6.25% the first time. A traditional seller is primarily a homebuyer, so not only do we lose the inventory for sale when this happens, but we also lose a buyer.

Inventory 493

Inventory Marketing Housing Market New Listings 493

Housing Wire

MAY 14, 2023

Yes, we found the seasonal bottom for housing inventory on April 14, but this year’s rise in active listings has been tepid at best. Here’s a quick rundown of the last week: Total active listings grew 662 weekly, and new listing data is still trending at all-time lows. This doesn’t appear to be the case for 2023.

Housing Market 488

Housing Market Marketing Inventory New Listings 488

Housing Wire

FEBRUARY 24, 2023

If sales are working from an elevated number, like what we saw from 2003-2005, it’s a different subject altogether. Homebuilders’ for-sale inventory and months’ supply The seasonally-adjusted estimate of new houses for sale at the end of January was 439,000. To get more inventory you need more Americans to list their homes.

Inventory 501

Inventory Construction Housing Market Mortgage 501

Housing Wire

APRIL 20, 2023

If we are trending below 4 million — a possibility with new listing data trending at all-time lows — then we have much weaker demand than people think. million before we saw the massive stress spike in supply from 2005 to 2007. We have a workable range for 2023 sales in the existing home sales market between 4 million and 4.6

Inventory 531

Inventory Housing Market Marketing New Listings 531

Housing Wire

FEBRUARY 16, 2023

Homebuilders are efficient sellers of homes because it’s like a commodity to them; they don’t have to look for shelter after they sell or have a 3% mortgage rate they have to give up after they sell. Just look at the chart below and how bad credit looked from 2005 to 2008, then the job loss recession happened. months and above.

Construction 526

Construction Housing Market Inventory Mortgage 526

Housing Wire

JANUARY 5, 2023

However, weeks after that call, the new listing data started to decline noticeably, which makes that call much harder to happen in 2023. However, I acknowledge that the housing dynamics have changed a lot since that forecast in June as new listing data declined. million in 2023. million for 2023. Housing recession.

Housing Market 543

Housing Market Marketing Inventory New Listings 543

Lamacchia Realty

JANUARY 25, 2024

Sales were down in all three categories: Single family sales down by 22.1%: 40,828 in 2023 from 52,397 in 2022 Condo sales down by 18.7%: 19,199 in 2023 from 23,616 in 2022 Multi-family sales down by 28.5%: 5,739 in 2023 from 8,031 in 2022 Below is a graph that illustrates home sales per year since 2005. from 2022 when there were 75,173.

Inventory 78

Inventory Sellers Contracts Buyers 78

Lamacchia Realty

JANUARY 29, 2025

Many sellers were reluctant to list due to low pre-pandemic mortgage rates, but increased activity emerged from necessity and life changes , with competitive pricing becoming essential. The market began as a sellers market but shifted toward buyers with a burst of activity later in the year, and a rebound is expected in 2025.

Inventory 61

Inventory Sellers Real Estate Buyers 61

Lamacchia Realty

OCTOBER 17, 2024

Inventory of homes listed reached a record low by July of 2023 , and mortgage rates increased dramatically, diminishing buyer affordability. Many sellers are holding the line, and buyers continue to face competition. If a home has been listed and isn’t selling, that means the list price may be too high.

Bracketing 74

Bracketing Marketing Sellers Buyers 74

Lamacchia Realty

JANUARY 29, 2025

In 2024, the New Hampshire real estate market experienced slightly more sales and higher prices compared to 2023, aligning with national trends fueled by strong demand and constrained inventory. The market initially favored sellers at the start of the year but later saw a surge in activity that benefited buyers. increase in listings.

Inventory 54

Inventory Buyers Sellers Real Estate 54

Housing Wire

OCTOBER 23, 2024

To get a real price crash, we would need to see a surge of housing inventory and distressed sellers. Where I disagree with Yun is this: We have more inventory because demand has been softer, and we have more new listings this year compared to last. from August to a seasonally adjusted annual rate of 3.84 million in September.

Mortgage 497

Mortgage Inventory New Listings Sellers 497

Lamacchia Realty

JANUARY 28, 2022

Homes Listed – All of NH. New listings in 2021 followed a less treacherous trendline in 2021 than 2020 but still couldn’t quite keep up with pre-pandemic markets. decrease in the state of New Hampshire brought listings to 27,131 from 28,127 the previous year. Seller Resources. Cheshire moved 15.8%

Contracts 45

Contracts Buyers Inventory Real Estate 45

Appraisal Today

JUNE 21, 2024

Developed over time with the guidance of prominent designer John Saladino initially and then later with the legendary architect Peter Marino who reimagined the structure back in 2005 and oversaw a 10,000 square foot addition to the house. We are seeing more new listings across the country, and it’s something we’re also seeing locally.

Appraisal 78

Appraisal Architecture Contracts Design 78

Housing Wire

MAY 30, 2023

NAR total inventory since 1982: I prefer the Altos Research weekly single-family data to the NAR data because it gives us a fresh look at not only active listing data but new listing data. The Altos Research new listing data is essential in tracking the supply aspect of housing, which is why I include it as part of the Tracker.

Inventory 497

Inventory Housing Market New Listings Marketing 497

Housing Wire

NOVEMBER 15, 2024

As you can see in the chart below, the credit markets broke in 2005, 2006, 2007 and 2008, and then the job-loss recession of 2008 started, which made things much worse. The new listings data we track with Altos Research is trending at the lowest levels ever during the past few years, while back then it was running at accelerated levels.

New Listings 521

New Listings Sellers Mortgage Law 521

Housing Wire

NOVEMBER 2, 2024

There were many years of housing data in the early to mid-1980s and mid to late 1990s, and even from 2000 to 2005, where we have seen rising inventory and sales. New listings data had a slight increase this week from 60,066 to 60,819. You can have rising inventory, increasing sales and rising prices.

Inventory 516

Inventory New Listings Mortgage Contracts 516