Housing Wire

MAY 2, 2022

At over 5%, mortgage rates are now the highest they have been since 2010. As a result, markets were quick to respond, driving mortgage spreads and rates much higher than most experts expected by this time of year. Additionally, these borrowers will also have a longer average loan term to keep the monthly payment low.

Housing Market 397

Housing Market Marketing Buyers Inventory 397

Lamacchia Realty

JANUARY 30, 2024

Condo sales are at the lowest point since 2010. And some are not able to sustain the rising HOA fees and insurance rates. 2023 Sees the Lowest Number of Homes Listed in Fifteen Years There was a 10% decrease in the number of new listings compared to 2022, with 113,883 homes listed in South Florida, down from 126,545.

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HOA Inventory Buyers Contracts 52

Housing Wire

JUNE 11, 2023

inventory saga: after mortgage rates spiked above 6% in 2022, that jump-started the unhealthy reality of new listing data trending negative year over year. So much for the 2021 grifting premise that once mortgage rates rise, many Americans will list to sell and get out! Of course, we have a third story in this U.S. From the St.

Inventory 523

Inventory Housing Market Marketing New Listings 523

Will Springer Realtor

DECEMBER 19, 2023

The region’s real estate scene in 2023 will be remembered for rising home prices and scant new listings. As the year dims, all eyes fixate on 2024’s potential: a hopeful dance fueled by dreams of lower rates and a wave of new homes for sale. Buyers and sellers tiptoed through caution. Um, bye-bye! The number of U.S.

Real Estate 68

Real Estate Buyers Sellers Inventory 68

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. Counties in and near Chicago and New York City were seen as the most vulnerable to today’s economic headwinds. The number of new listings in the previous month and remaining on the market as of Oct. Scott partner.

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Housing Market Marketing Real Estate Buyers 36

Will Springer Realtor

OCTOBER 11, 2023

That median figure is the smallest measure for a home since 2010 and marks a reversal after a brief increase during the post-Covid building boom. >> First a look at September’s numbers: A wave of last-chance listings for the year hit the market after Labor Day. Seattle alone saw a 29% (1213) monthly increase in new listings.

Law 36

Law Development Design Government 36

Will Springer Realtor

FEBRUARY 9, 2022

This has resulted in major ownership costs on a typical home consuming 25% of the average national wage of $65,546, still within the 28% standard lenders prefer for homeowner expenditures (mortgage, home insurance and property taxes). >> Seattle metro experienced the greatest inflationary pressure than any major U.S.

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Buyers Law Inventory Development 36