Housing Wire

JANUARY 5, 2023

Going back to 2013, I have stressed that my affordability index gets tripped up if mortgage rates get above 5.875% , and wrote about this in 2019 as we were about to enter my critical period of 2020-2024. From 2013 to 2022 I forecasted price growth every year. million in 2023. million for 2023. Housing recession.

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Housing Market Marketing Inventory New Listings 543

Housing Wire

AUGUST 3, 2022

People thought the mortgage rate drama in 2013-2014 was a lot when rates went from 3.5% We saw this in 2013-2014 and 2018-2019. We see some of this in the active listing data as new listings are declining. However, as we all know, after 2020, things are just more intense. . Higher rates and sales data.

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Mortgage Inventory Sellers Housing Market 514

Housing Wire

DECEMBER 7, 2022

One issue that has created a waterfall dive in purchase application data and sales is that new listing data is declining faster than usual. Since 2013 I have said that mortgage rates over 5.875% would be problematic to housing. That’s a double whammy on demand and a reason for the waterfall in existing home sales data.

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Housing Market Mortgage Marketing Inventory 544

Housing Wire

OCTOBER 21, 2022

Rates have gone up so fast that new listing data has declined since the end of June; this impacts supply and demand. having rates of 5% and below, you can see why some sellers are hesitant to list their homes and move. It was a savagely unhealthy housing market back in February, and it has just gotten worse and worse.

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Housing Market Inventory New Listings Mortgage 306

Cleveland Appraisal Blog

JANUARY 5, 2023

However, we have significantly fewer active listings than we did before the pandemic began. Interestingly, the number of active listings has dropped every year since at least 2013. But it appears that we have hit the bottom when it comes to active listings. We can expect more listings in the future.

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Housing Market Marketing Appraisal Inventory 369

Housing Wire

APRIL 25, 2024

per month Use it for: Creating professional marketing materials Apple Store Google Play Why we chose it: Founded by Australian entrepreneur Melanie Perkins in 2013, Canva is still the most popular marketing app for Realtors for a good reason: it makes creating professional marketing materials easy.

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Real Estate Agents Open Houses Tools 453

Housing Wire

APRIL 22, 2024

The goal of this type of letter is to promote a new listing in the neighborhood, to position yourself as the expert by providing information about the listing, and to find more business. Please share it in the comments! She developed training materials, classes, and coaching programs for her fellow introverts.

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Real Estate Open Houses Brokerage Real Estate Agent 449

Housing Wire

OCTOBER 23, 2024

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. No major forced selling happening Below is our data on new listings, showing that 2023 and 2024 will be the lowest new listing periods ever.

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Mortgage Inventory New Listings Sellers 498

Housing Wire

SEPTEMBER 18, 2024

Call other top agents in the area I personally do this for all of my upcoming listings. I call the other top agents in the area to let them know we have a new listing. You never know — many times, neighbors know people who want to move into the neighborhood!

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Open Houses Agents Real Estate Sellers 339

McKissock

MARCH 1, 2021

Dara’s ability to listen to clients and her attention to detail landed her Exceptional Service Awards in 2011, 2012, and 2013 from Cartus/USAA, one of the nation’s largest relocation organizations. A: My biggest challenge in working with Millennials is to make sure I know more than they know!

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Real Estate Clients Real Estate Agent Renovations 90

Housing Wire

JULY 8, 2024

provide any specific feedback from the showings and any updates on the market, such as new listings that have come on the market} The market is telling us the asking price is a bit too high. We’ve been on the market now for [number of] days and had [number of] showings. No offers yet.

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Real Estate Business Agents Sellers 434

Lamacchia Realty

JANUARY 30, 2024

2023 Sees the Lowest Number of Homes Listed in Twenty-Two Years In 2023, there was an 12% decrease in listings compared to 2022, with 20,546 homes listed compared to 23,342 in the previous year. 2023 concluded with the fewest pending sales since 2013. Pending Sales Decreased by 16.4%

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Inventory Sellers Buyers Contracts 61

Housing Wire

MARCH 18, 2021

year-over-year to $336,200 in February – the largest increase since July 2013, according to the latest report from Redfin. Home prices have skyrocketed in the past year, and data from Redfin backs up what buyers, sellers, and agents have known for months. The national average of home prices rose 14.4% by the end of 2021.

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Buyers Sellers Inventory New Listings 545

Will Springer Realtor

AUGUST 11, 2023

building permits were granted in Seattle between 2013 and 2022, with 85K of them for multi-family construction. New York City saw the most development over the past decade, with 98% of its 242K permits comprised of multi-family units. King County new listings fell 13% from June to July (2158), led by a 20% slide in Seattle (690).

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Buyers Development Construction New Listings 36

McKissock

MARCH 19, 2021

According to yesterday’s news story from Redfin , “Historic competition for homes pushed sale prices up 14% as new listings fell 16%” year over year. The national median home-sale price rose to $336,200 in February—the largest home price jump we’ve seen since 2013.

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Housing Market Appraisal Marketing New Listings 90