Housing Wire

APRIL 3, 2023

Declining mortgage rates could have improved affordability for buyers in the housing market in February, but instead spurred a demand that, combined with a persistent lack of inventory across the U.S., In February, the number of homes available for sale fell for the fifth consecutive month, and new listings ran 27% below pre-pandemic levels.

Inventory 418

Inventory New Listings Housing Market Mortgage 418

Housing Wire

NOVEMBER 16, 2020

The city’s housing dynamics point to strong buyer demand, which fueled a 16.8% year-over-year gain in listing prices during the week of Nov. While about 50% of the metro area’s buyers are local, an additional 17% of buyers come from other Texas cities, like Dallas and Houston. 7,” Raitu said.

Housing Market 448

Housing Market Marketing Real Estate Agent Real Estate 448

Housing Wire

AUGUST 30, 2022

I don’t need to see total active listing get back to the historical range of 2-2.5 New listings are declining now. One of the issues with existing home inventory has been that, for the most part, a traditional seller is usually a buyer of a home. This is not encouraging news at all, in my view. From Redfin.

Inventory 397

Inventory New Listings Law Housing Market 397

Housing Wire

OCTOBER 11, 2022

million active listings, but at just 1.28 This doesn’t mean homebuyers don’t have something of an edge now: As inventory has increased and buying power has faded, the buyers who are available are dealing with a lot less competition as the bidding wars are ending. The only time this happened was 2006-2011 — the housing bust years.

Sellers 514

Sellers Inventory Housing Market New Listings 514

Housing Wire

FEBRUARY 8, 2024

Kingsbury said homes at lower price points have the largest buyer pools and are frequently subject to the stiffest competition. While there is no doubt it is a seller’s market in Peoria, Van Cleve said many potential sellers are hesitant to list. Redfin found that the city’s median sales price was up 6.9% year over year to $122,900.

Inventory 468

Inventory Agents Housing Market Luxury Properties 468

Housing Wire

JULY 25, 2022

“We calculate that over 80% of metro areas are meaningfully overvalued,” Zandi said during the Recursion webinar. “… First-time homebuyers are locked out because they just simply can’t afford to buy … and trade-up buyers are locked in [with interest rates well below current market levels]. “So, Inventories are rising across the country.

Housing Market 418

Housing Market Marketing Supply Chain Real Estate 418

Housing Wire

NOVEMBER 28, 2022

The housing market getting some stabilization will be a plus as we saw some buyers come into the marketplace with rates at 5%. What can’t happen is mortgage rates above 7%, since that level hasn’t fueled new listings, which means less demand, and the builders simply are done building anything new with rates that high.

Transportation 538

Transportation Construction Housing Market Mortgage 538

Empire Appraisal Group

SEPTEMBER 8, 2022

Scary times: builders are slashing home prices and slowing construction as buyers pull back, survey shows” (MarketWatch). The housing market is entering the ‘most significant contraction in activity since 2006,’ says Freddie Mac economist” (Fortune). The number of home listings remains low nationally.

Housing Market 78

Housing Market Marketing Real Estate New Listings 78

Lamacchia Realty

JANUARY 25, 2024

2023 was a notable year in real estate history, but if we had to put our finger on what stood out, it was how the number of homes listed was the lowest in over two decades. It kept inventory down, which propped up prices, but sales are down nearly 22%, and buyers are hungry. Sales Decline by 21.7% Average Prices Increase by 3.4%

Inventory 73

Inventory Sellers Contracts Buyers 73

Lamacchia Realty

JANUARY 25, 2024

The real estate landscape witnessed significant developments in 2023, as the New Hampshire market saw a historic low in listings. Despite this decline, motivated buyers were out there trying to secure a home while also trying to navigate lower affordability and low inventory. Sales in New Hampshire declined by 18.9%

Inventory 55

Inventory Sellers Buyers Contracts 55

Lamacchia Realty

JANUARY 30, 2024

If we were to pinpoint the standout factor, it would be the remarkably low number of homes listed, the lowest in over two decades. This scarcity in inventory had the effect of keeping prices high, but there was a substantial decrease in sales, approximately 19%, leaving prospective buyers eager. Maine Sales Decreased by 18.9%

Inventory 58

Inventory Sellers Buyers Contracts 58

Housing Wire

MARCH 18, 2021

Home prices have skyrocketed in the past year, and data from Redfin backs up what buyers, sellers, and agents have known for months. “This is the strongest seller’s market since at least 2006,” Fairweather said. The post Buyers are overpaying, but are there signs of a bubble? by the end of 2021. .

Buyers 545

Buyers Sellers Inventory New Listings 545

Will Springer Realtor

MAY 9, 2022

That’s where buyers are paying about 42% more in their monthly mortgage payments for the same house today than they did a year ago. Sidenote: Adjustable-rate mortgages (ARMs), which typically have lower interest rates than fixed-rate mortgages, have become an attractive option for new buyers financing a home.

Architecture 36

Architecture Design Buyers Construction 36

Will Springer Realtor

MAY 12, 2021

Amid the challengers for buyers, there is an expectation for housing activity to continue puffing its Thomas the Tank Engine without a misfire – at least through early summer – before possibly lowering a gear. One of the reasons for the continued home-sales intensity – in any season – is a key group of “new” buyers.

Real Estate 36

Real Estate Inventory Buyers Construction 36

Will Springer Realtor

OCTOBER 11, 2023

This is the season when buyers can take advantage of homeowners wishing to sell before the holidays and who show a willingness to budge on price or make other concessions. We are starting to see all those signs following the release of September housing data from the Northwest Multiple Listing Service (MLS). bath , 5546 sq.

Law 36

Law Development Design Government 36

Will Springer Realtor

AUGUST 9, 2021

The Biden administration’s $2T infrastructure plan includes $213B allocated for housing, with a focus on low- and middle-income homeowners and potential buyers. Lawrence Yun also said this figure will be the highest rate of sales since 2006. Both are welcome signs for buyers but they should not be interpreted as a trend.

Construction 36

Construction Inventory Property Taxes Development 36