2011 Modernization New Listings 
Housing Wire
SEPTEMBER 22, 2022
Existing home sales have more legs to go lower, especially now that new listing data is falling. A traditional primary resident seller is also a buyer, which means if they don’t list, they’re not just taking a potential home to be bought off the table — they’re taking a future sale off the books as well. million in August.”
Housing Wire
DECEMBER 7, 2022
Only from 2006-2011 did we see this break due to forced sellers who couldn’t buy homes. One issue that has created a waterfall dive in purchase application data and sales is that new listing data is declining faster than usual. NAR: Total Inventory levels 1.22 million Historically inventory levels range between 2 million and 2.5
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Housing Wire
OCTOBER 11, 2022
The only time this happened was 2006-2011 — the housing bust years. We’ve seen a massive price and payment inflation event with pricing still rising and the biggest mortgage rate increase in a single year in recent modern-day history. Now fast forward to 2022. for 2022 is going to be wrong and too low.
Housing Wire
OCTOBER 23, 2024
If you take 2007-2011 out of the equation, we have had only one year go negative; that was 1990, and that was only a 1% decline. 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. That’s a big difference, folks.
Will Springer Realtor
DECEMBER 11, 2022
This year’s “cold down” is stark, with 36% fewer new listings and about 26% fewer homes under contract (Pendings) for all King County home types combined as well as single-family structures alone – and that’s simply from October to November. List price: $43M ($5548/sq. Prices declined 5.4% in King ($468K), 6.3% drop ($677,475).
Will Springer Realtor
SEPTEMBER 8, 2021
Most notably, it’s the first time mortgages declined from Q1 to Q2 since 2011, according to ATTOM Data Solutions. averaged a 17% home-price rise from Q2 of 2020 to Q2 of 2021 and prices have risen nationally each quarter since Q3 of 2011. >> The pandemic seriously affected U.S. New data show this subset of buyers accounted for 2.8%
Will Springer Realtor
MAY 9, 2022
Between 2011 and 2019, the median household income in our area increased by about 34% but housing prices jumped 78%. That includes 621 fewer Pending contracts in April 2022 than the previous April, as the net number of new listings remains on average lower than in years past. And what a thoughtful listing video.
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