Empire Appraisal Group

JANUARY 4, 2023

Florida Realtors. NEW YORK – The U.S. But every year, the inventory-to-sales ratio spikes in January and February as transactions crater and the first new listings start to come online in anticipation of the spring open house season, which can set bad things in motion in times of stress.

Inventory 78

Inventory Open Houses Sellers Real Estate 78

Will Springer Realtor

OCTOBER 15, 2024

“The recent development of lower mortgage rates coupled with increasing inventory is a powerful combination that will provide the environment for sales to move higher in future months,” Lawrence Yun, chief economist for the National Association of Realtors® said in September. The number of Active listings is another eye-opener.

Housing Market 68

Housing Market Marketing Construction Buyers 68

Will Springer Realtor

SEPTEMBER 12, 2023

fewer new listings, the rate of sales rose 1.7% Two data points stood out from the latest report by the Northwest Multiple Listing Service: The aforementioned new listings for all homes in the county – 2684 – is at a low not seen for an August since records were shared with brokers (like me) dating back to the mid-1990s.

Finance 68

Finance Inventory Construction Buyers 68

Lamacchia Realty

JULY 26, 2023

We recently published a report that covers the first half of 2023 which exhibited the least number of homes listed (for the full story click here) over a 6-month period (two consecutive quarters) since records have been kept (red line). Pending Home Sales (contracts accepted) The number of homes placed under contract declined 20.8%

Sellers 61

Sellers Inventory Buyers Real Estate 61

Will Springer Realtor

JANUARY 10, 2023

The article will include the latest monthly data from the Northwest Multiple Listing Service, analysis from national and local experts and a glimpse ahead at what to expect in the coming weeks. Will Springer, Realtor®. publishers of The Wall Street Journal, where he was an assistant managing editor of WSJ.com in New York.

Housing Market 36

Housing Market Marketing Inventory Real Estate 36

Listing Spark

OCTOBER 13, 2022

New listings are down 6%, so there are less homes coming onto the market than there were this time last year. In 2008, Austin and a lot of parts of Texas came out relatively unscathed.”. [00:08:58] Nationally active listings are up 26.9%. 00:11:25] What new listings can teach us about the state of the housing market.

Housing Market 36

Housing Market Real Estate Marketing Buyers 36

Housing Wire

OCTOBER 23, 2024

The National Association of Realtors ‘ existing home sales report shows home sales dropped only 1.0% 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

Mortgage 497

Mortgage Inventory New Listings Sellers 497

Will Springer Realtor

NOVEMBER 14, 2023

Sales activity across the county is at historic lows; no October has experienced fewer listings in King County – not even close – since at least 1992 when records were first archived online. New listings for all home types in King County stood at 2157, a whopping 25% drop from September to October. Closed sales fell 0.9%

Inventory 36

Inventory Buyers Sellers New Listings 36

Will Springer Realtor

APRIL 8, 2021

home was $313,000 through February, a sharp 16% higher from a year ago, according to the National Association of Realtors® (NAR). The image was taken from a drone above The Parc, a condo in Belltown, where I am promoting one of my new listings. The median down payment represents 7.7% from the previous quarter.

Inventory 36

Inventory New Listings HOA Buyers 36

Will Springer Realtor

MAY 9, 2022

You would be hard-pressed to find economists proclaiming that today’s housing environment in the PNW is nearing anything close to the 2008-type bust. the highest percentage since Q3 of 2008. ” The increased number of listings and slight slow-down of the market have helped boost inventory numbers.

Architecture 36

Architecture Design Buyers Construction 36

Listing Spark

FEBRUARY 7, 2024

We didn’t see a wave of panic selling like we did in 2008. 5) New construction in Texas surged in 2023 Three major Texas metro areas made the top 10 list of highest new home construction rates in the nation. This is probably one of the factors that kept our housing market from spiraling completely off the rails.

Real Estate 36

Real Estate Sellers Home Value Inventory 36

Will Springer Realtor

MAY 12, 2021

They have declined for two consecutive months, according to the National Association of Realtors®. The excess of inventory that occurred in 2007, 2008 and ’09, was an anomaly,” said Marci Rossell, former chief economist for CNBC. Compare that to the end-April total of 4551 Active listings for the two counties, as well as 0.6

Real Estate 36

Real Estate Inventory Buyers Construction 36

Will Springer Realtor

MAY 13, 2024

” Bough presided over a trial last year that ended in a $1.8B (yes, with a “B”) verdict against the National Association of Realtors® (NAR). were flipped last year, down 29% from 2022 and the largest annual drop since 2008. 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

JUNE 9, 2021

Memories of the Great Recession still linger for anyone linked to the real estate industry – including the estimated seven million households that lost their homes to foreclosures around 2008-2010. >> The National Association of Realtors® revised its economic forecasts for 2021 – and things are looking up. That leaves about 2.1

Housing Market 36

Housing Market Marketing Inventory New Listings 36

Will Springer Realtor

JUNE 8, 2022

The rate today is the same as in the late 1960s, except during the housing bubble of 2008-2010 when ownership rose – and we know how that ended up! UNMARRIED AND BUYING TOGETHER For the third consecutive year, a report from the National Association of Realtors® (NAR) noted an increase in unmarried couples purchasing a home.

Design 36

Design Construction Development Property Taxes 36