Housing Wire

NOVEMBER 22, 2024

Clare Knapp, housing economist for the Austin Board of Realtors , counters the notion of a collapse “Austin is not the same Austin as it was eight years ago,” she said. of existing supply, with another 38,000 of apartment units under construction (12.2% occupied — one of the lowest numbers RealPage has recorded since 2010.

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Housing Wire

SEPTEMBER 13, 2024

HousingWire real estate reporter Jeff Andrews sat down with Serhant to talk about the show, how it changed his life and the brokerage, and what he sees coming in the industry following the commision settlement by the National Association of Realtors (NAR). This interview has been edited for length and clarity.

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Empire Appraisal Group

DECEMBER 19, 2024

Home buyers may finally be finding more inventory options this fall, but theyre still being cautious about entering the real estate market, the National Association of REALTORS reported Wednesday. million, this is the lowest sales activity for existing homes since October 2010. Read more from NARs latest housing report.

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Empire Appraisal Group

OCTOBER 28, 2021

On the supply side, a decade of underbuilding of homes, regulatory barriers, high construction costs combined with people staying longer in their homes have kept housing inventory low. While I have been on record many times saying this housing cycle is the unhealthiest housing market post-2010, it’s not because we have a terrible credit boom.

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Inventory Housing Market Construction 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. months, the greatest since April 2010 (14.5

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Raleigh Realty

DECEMBER 23, 2021

In 2010 GreatSchools ranked Raleigh as the 1 City for schools in the United States. For a while, Art was the main attraction in Raleigh, and it inspired arts in other forms including music, craft beer, fine dining, even inspiring some of the custom new construction homes in Raleigh. There are both pros and cons to moving to Raleigh.

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Appraisal Today

SEPTEMBER 8, 2023

It’s been on and off the market since 2014, four years after a lengthy construction project there was completed. Most recently, the 2010 build became one of the most expensive homes on the market when it hit the market in early August at the greatly reduced $26 million listing price. And now, the chateau is again up for grabs.

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Boston Appraisal

JULY 6, 2020

This was the lowest level since July, 2010 and is part of a three-month decline in sales. The chief economist for the National Association of Realtors (NAR), Lawrence Yun, predicts that “ Home sales will surely rise in the upcoming months with the economy reopening, and could even surpass one-year-ago figures in the second half of the year.”

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Boston Appraisal

JULY 6, 2020

This was the lowest level since July, 2010 and is part of a three-month decline in sales. The chief economist for the National Association of Realtors (NAR), Lawrence Yun, predicts that “ Home sales will surely rise in the upcoming months with the economy reopening, and could even surpass one-year-ago figures in the second half of the year.”.

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Real Estate Marketing Supply Chain Investors 78

Will Springer Realtor

SEPTEMBER 12, 2023

The number of homes going under contract – known in the industry as Pending sales – fell to 2340, an August figure not seen in King since 2010 when there were only 1580 in the heart of the housing crisis. New Construction The new home construction sector has taken much of the residential spotlight this year. Unlikely. “I

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Housing Wire

JUNE 16, 2021

The National Association of Realtors says the current state of the housing market is absolutely “dire,” the consequence of a housing shortage 30 years in the making. According to the lobbying group, construction of long-term housing fell 5.5 In fact, coming off the Great Recession, new home construction in the U.S.

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Will Springer Realtor

FEBRUARY 13, 2024

Annual sales across King County totaled 21,515 homes – down an incredible 24% from the year before and the fewest since 2010 (20,761). This will skew figures, particularly in Seattle where more ADUs are under construction than traditional single-family residences. Seattle had a 12% YoY increase in Pendings (193). in King, and up 4.4%

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New Listings Buyers Inventory Lending 57

Will Springer Realtor

DECEMBER 19, 2023

Prospective buyers and sellers watched this one out from the sidelines, leading to King County sales activity hitting lows not seen since 2010 at the heart of the housing crises. home sales – 3.79M on an annual basis through October – is at a low not seen since August 2010. Affordability kept consumers in their current residences.

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Will Springer Realtor

AUGUST 9, 2024

BELLEVUE’S DYNAMIC GROWTH COMES WITH PAIN, HOPE I have lived in the Seattle metro area since 2010 and enjoyed working on the Eastside for the first six years before gravitating to real estate sales. That’s up 24% from 2010. of new construction fully leased across Bellevue in the final quarter of 2023.

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Will Springer Realtor

APRIL 11, 2022

The costs of buying the same home this year compared to just one year ago have risen by 40% from a combined impact of higher home prices and soaring mortgage rates, according to Lawrence Yun, chief economist for the National Association of Realtors® (NAR). First, even though construction is starting to catch up, we have a huge 5.8

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Will Springer Realtor

MAY 9, 2022

All this tech construction gives new meaning to IT architecture! “A Another 1350 are under construction with delivery in the next two years, including the high-end Avenue Bellevue. BY THE NUMBERS. >> The average size of a newly constructed single-family home is now 2524 sq. million sq. That’s up from 2333 sq.

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Will Springer Realtor

DECEMBER 13, 2022

Contributing to improving the mood should be the anticipated 900,000 or so two-unit-plus housing under construction across our country that will start to come online in 2023. Locally, permits for single- and multi-family home construction are down about 20% from this time last year. In his estimate: “Homebuilding’s going to contract.”.

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Will Springer Realtor

NOVEMBER 14, 2023

Only one in five homes on the market in the Pacific Northwest included multiple offers to buy the listed property in September, according to info from the National Association of Realtors® (NAR); that compares with one in three homes sold across the nation. when rounded up) on an annual basis – is the lowest since October 2010.

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Will Springer Realtor

MAY 12, 2021

The narrow area known as Westlake, just west of Lake Union (and, notably, close to Facebook, Google and Amazon offices), has seen the number of people aged 25-34 double from 2010 to 2019 and now comprise 52% of its residents. Now, home builders would need to construct as many as 1.2 We are on the right track. existing home sales.

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Assurance Financial

NOVEMBER 9, 2021

In a market that favors buyers, sellers and their realtors have to put in a much greater effort to make their homes stand out through means of social media, open houses, and advertisements. Conversely, seller’s markets enable sellers to ask for more money and encourage bidding wars, giving them the power. Marketing Strategies.

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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). >> Counting both the demand for single-family and multi-family housing needed to meet current needs (plus factoring in demolished or lost housing), NAR projects we have a backlog in construction of 3.2

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Will Springer Realtor

OCTOBER 11, 2022

Waller went on to say this adjustment is in no way like the horrific housing/financial crises of 2007-2010. That’s according to a survey of 1,002 Hispanic Americans by The National Association of Realtors®. >> May I suggest this newly constructed 6-bed, 4.75-bath We are nowhere near that! Here’s a 4-bed, 3.25-bath

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Movoto

JULY 31, 2024

So I think the National Association of Realtors and the Mortgage Bankers Association, they publish a ton of data that data is really nothing without synthesis though, right? One is the national association of realtors research and statistics page. Tell us, JT: uh, your local real estate agents or realtors. Real estate market.

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Will Springer Realtor

AUGUST 9, 2021

“There is a strong desire for homeownership across this country, but the lack of supply is preventing too many Americans from achieving that dream,” said Lawrence Yun, chief economist for the National Association of Realtors® (NAR). >> The National Association of Realtors’® top economist forecast 2021 will end the year with 6.1

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Construction Inventory Property Taxes Development 36

Houston Properties

JANUARY 13, 2021

Top Ranked Realtors: Paige Martin & The Houston Properties Team. We also believe these trends will create limited appreciation for inner loop neighborhoods known for small lots, choppy floor plans, with lots of construction from the 1990’s – 2010, especially zoned to not-top-ranked schools. I May Need To Sell.

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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! Fudge noted that supporting the construction of manufactured and 3-D printed homes were avenues “being discussed” at HUD. BY THE NUMBERS. >>

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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. million people work in residential construction, or about 2.8% A new construction project just north of Bellevue Square Mall.

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Movoto

OCTOBER 31, 2024

And so I was just looking at the numbers from the National Association of Realtors and we’re creeping over four months of inventory nationally which to put that in perspective, typically 5 to 7 months is a balanced housing market. 9:55: And so inventory never caught up. And so now here we are in 2024.

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Housing Market Marketing Real Estate Insurance 36

Will Springer Realtor

DECEMBER 17, 2024

home sales slumped for the second straight year, averaging 3.96M units transacted (excluding new construction) on a 12-month basis through October, up 2.9% A survey of five real estate experts from the National Association of Realtors (NAR) to Goldman Sachs and others has forecast a consensus of 4.47M existing-home sales in 2025 nationwide.

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Movoto

NOVEMBER 4, 2024

And there’s a fear that if the economy were to accelerate from here, that inflation would take up again, there’s more trade off between growth and interest rates than there was in 2010. And when you talk to homebuilders and realtors and brokerages, they’re all just saying it’s going to take time.

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