Housing Wire

NOVEMBER 9, 2022

However, the housing market did run into one problem in 2020. Inventory levels broke to all-time lows and thus created massive housing inflation quickly, which broke my model. I knew housing would be OK as long as home prices only grew at 23% over five years — 4.6% This means less demand for housing.

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New Listings Inventory Housing Market Sellers 508

Housing Wire

AUGUST 10, 2022

One of the most important housing market stories in recent weeks has been the decline in new listings , which has slowed the growth rate of total inventory. Once that happens, I can finally take the savagely unhealthy housing market theme off my talking points. What does this mean? million to 1.93

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Inventory New Listings Housing Market Sellers 526

Housing Wire

SEPTEMBER 13, 2022

Typically we have a natural set of new listings each year; inventory rises in the spring and summer and then falls in the fall and winter. However, we have entered a tricky period in housing economics where we might have to take this premise more seriously since mortgage rates recently got as low as 2.5% The parts of the U.S.

Mortgage 525

Mortgage Inventory New Listings Sellers 525

Housing Wire

DECEMBER 21, 2022

We have had two historic events that created a waterfall dive in demand recently; we now have precise data showing new listing data declining with those events, which shows how important that data line is to housing demand. This is the biggest story in housing. . None of that has ever happened again since 2012.

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Inventory New Listings Housing Market Sellers 531

Housing Wire

JULY 16, 2021

from May to June, the largest drop at this time of year on record since at least 2012, according to a new Redfin study released this week. “In June we entered a new phase of the housing market,” Fairweather said. Finally, new listings fell from a year ago in 15 of the 85 largest metro areas.

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Buyers New Listings Housing Market Marketing 545

Housing Wire

NOVEMBER 18, 2022

On a positive note, however, the days on the market are no longer a teenager anymore: that metric grew from 18 days to 21 days. I cheer because the savagely unhealthy housing market theme I talked about back in February of this year was the same premise of the housing reset talking point the Federal Reserve uses.

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Inventory Marketing Housing Market New Listings 493

Housing Wire

MAY 8, 2024

A perfect example is that the last few years, new listings have been trending between 30,000 and 90,000 per week. It didn’t matter if mortgage rates were at 3% or 8%, new listing data has trended at historic lows the past few years. So you can see why we have so few stressed sellers.

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Inventory Law New Listings Sellers 518

Housing Wire

AUGUST 30, 2022

While the growth rate is cooling monthly, we are still in a savagely unhhealthy housing market trying to get national inventory levels back to pre-COVID-19 levels. From the index : I know it seems strange, but existing home sales are falling, and the monthly supply of new homes is at 10.9 crash, especially from 2012-2019.

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Inventory New Listings Law Housing Market 397

Housing Wire

NOVEMBER 15, 2024

None of that action has been happening for 14 years because the credit market changed after the 2010 qualified mortgage rule. We had multiple refinancing waves in 2012, 2016, 2020 and 2021. Again, everyone pushing housing 2008 needs to snap out of it. Foreclosure data fell quarter to quarter in Q3.

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New Listings Sellers Mortgage Law 521

Housing Wire

JULY 21, 2021

above its asking price, that means it was listed for $301,872, said Daryl Fairweather, Redfin’s chief economist. That’s quite the contrast from back in 2012, when Redfin reported that condos were selling for more than 4% below asking price. If a condo sold for 0.7% year over year, and pending sales were up 38.2%

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Buyers New Listings Contracts Marketing 459

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., ” The annual home price growth rate fell to 1.94% in February, hitting a rate below 2% for the first time since 2012.

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Inventory New Listings Housing Market Mortgage 418

Appraisal Buzz

OCTOBER 11, 2024

That’s the lowest level in records dating back to 2012, with the exception of May 2020, when the pandemic brought the housing market to a standstill. Pending sales—a more current gauge of housing market activity that includes both existing and newly constructed homes—fell to the lowest level on record aside from April 2020.

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New Listings Buyers Housing Market Real Estate Agent 195

Will Springer Realtor

MAY 9, 2023

The chart (below) puts it in sharp focus: Except for the pandemic year of 2020 when there were 2559 new listings that April, last month was the slowest April since at least 2008 when easy access to Northwest Multiple Listing Service data became available. between May 2007 and January 2012. Where are all the sellers?

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New Listings Inventory Buyers Sellers 61

Boston Appraisal

JULY 22, 2019

The housing market across the country, and especially in Boston and New England, is experiencing a growth trend that’s accelerated over the last few years. With this apprehension in mind, we’ll discuss some of the things to expect from the housing market in the second half of 2019, going into 2020.

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Marketing Housing Market Real Estate Inventory 78

Boston Appraisal

JULY 22, 2019

The housing market across the country, and especially in Boston and New England, is experiencing a growth trend that’s accelerated over the last few years. With this apprehension in mind, we’ll discuss some of the things to expect from the housing market in the second half of 2019, going into 2020.

Marketing 78

Marketing Housing Market Real Estate Inventory 78

Will Springer Realtor

JANUARY 10, 2023

This marks the introduction of a new feature. Each month, this blog will publish a fresh assessment of the King County area housing market. A patch of foul weather and persistent economic challenges chilled an already cold housing market. The bar is so low on listings and sales data that one might trip over it.

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Housing Market Marketing Inventory Real Estate 36

Will Springer Realtor

AUGUST 15, 2023

The season has been shaped by slumping new listings, a slowly climbing number of homes sitting on the market from previous months, fewer closed sales compared to last year and prices moving plus/minus five percentage points year-on-year (YoY). monthly decline in available Seattle listings (793). on the Eastside.

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Sellers Buyers New Listings Inventory 61

Housing Wire

OCTOBER 23, 2024

This is not a new idea — I’ve been dealing with people predicting a housing crash since 2012. 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. million for active inventory, the housing market is balanced.

Mortgage 497

Mortgage Inventory New Listings Sellers 497

Will Springer Realtor

MARCH 14, 2023

The opening months of the Seattle/King County housing market can best be expressed as sparks of activity within a mostly tentative purchasing environment. The number of homeowners deciding to sell continues to lag, but inventory and time on market continue to [mostly] climb, reflecting still-hesitant buyers.”

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Marketing Buyers Inventory Sellers 36

Housing Wire

MARCH 18, 2021

As proof of the impact of the country’s low inventory and high cost of building materials , new listings fell 16% – the second-largest decline on record since Redfin’s data began in 2012, only passed by the drop in April 2020. That’s with unprecedented winter storms hitting most of the South in February, too.

Buyers 545

Buyers Sellers Inventory New Listings 545

Will Springer Realtor

AUGUST 11, 2023

We need to take an approach to the housing crisis that embraces change, is inclusive and extremely productive. BY THE NUMBERS >> The West has suffered the greatest from the housing-market downturn over the past year, according to ATTOM Data Soluti ons, which indicated 23 of the 50 worse-off U.S. 8pm-midnight Rodeo, Aug.

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Buyers Development Construction New Listings 36

Will Springer Realtor

FEBRUARY 9, 2022

in 2019, the amount of vacant office space has grown each quarter to finish 2021 at 11.6% (excluding available sub-lease space), a level not seen in the city since 2012. >> The chart below, courtesy of the Northwest Multiple Listing Service (MLS), shows breathtaking price appreciation in our region in recent years.

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Buyers Law Inventory Development 36

Will Springer Realtor

MAY 12, 2021

Warns Danielle Hale, chief economist with realtor.com: “While younger Millennial and Gen Z buyers are expected to play a growing role in the housing market, fast-rising prices will create a bigger barrier to entry for the many first-time buyers in these generations who don’t have existing home equity to tap for down payment savings.”.

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Real Estate Inventory Buyers Construction 36

Will Springer Realtor

AUGUST 9, 2021

Additional housing, particularly more affordable units, will only help strengthen the health of the public and economy. Housing affordability decreased in 45 of the 50 states from 2012 to 2019. About 57% of all new housing was classified multifamily (four or more units in one location). AUGUST HOUSING UPDATE.

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Construction Inventory Property Taxes Development 36