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. They have to move as well, so a traditional seller is a buyer most of the time when it’s a primary resident owner. We see some of this in the active listing data as new listings are declining.

Mortgage 514

Mortgage Inventory Sellers Housing Market 514

Appraisal Buzz

AUGUST 8, 2024

trillion in June 2014. Chen Zhao, Redfin’s Economics Research Lead, predicts that the market will likely surpass $50 trillion within the next 12 months due to a lack of new listings keeping prices elevated. In a decade, the value of U.S. homes has more than doubled, rising nearly 120% from $22.7

Valuation 417

Valuation Housing Market Marketing Home Value 417

Housing Wire

AUGUST 30, 2022

Today, we stand at 1,310,000 active listings. NAR Total Listing Data: If we cut the timeline to the last time inventory grew, which was 2014, you can see this downtrend in inventory, unlike 2001-2005, when inventory grew from 2 million to 2.5 I don’t need to see total active listing get back to the historical range of 2-2.5

Inventory 397

Inventory New Listings Law Housing Market 397

Lamacchia Realty

JANUARY 30, 2024

However, a significant portion of the decrease is also linked to the persistently low inventory levels due to a lack of sellers. You’ll see that 2023 was the lowest number of home sales since 2014 and that sales have made significant declines over the past two years. Will the 2024 Real Estate Market Improve?

Inventory 74

Inventory Sellers Buyers Contracts 74

Housing Wire

OCTOBER 23, 2024

To get a real price crash, we would need to see a surge of housing inventory and distressed sellers. 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. from August to a seasonally adjusted annual rate of 3.84 million in September.

Mortgage 497

Mortgage Inventory New Listings Sellers 497

Will Springer Realtor

DECEMBER 10, 2024

November new listings fell by about half of the previous month’s rate while home prices saw a welcome decline. The number of new listings tumbled 48% from October and was down 2.7% Fewer listings will likely lead to quieter sales activity in the coming months. The seasonal slowdown is in full swing now.

New Listings 60

New Listings Buyers Real Estate Mortgage 60

Birmingham Appraisal

JUNE 28, 2022

The first is that sales could be slowing down while new listings continue to enter the market. The net effect would be an increase in the listing count. The second reason could be that sales are continuing at a normal rate and there is an abnormal spike in new listings. The trend ins Shelby county is similar.

Real Estate 52

Real Estate Marketing Inventory Sellers 52

Appraisal Today

JUNE 21, 2024

To read the listing, plus a video tour and 22 photos, Click Here An open letter to overpriced sellers And some fun memes ;> June 12, 2024 By Ryan Lundquist Excerpts: Yes, the above top image is a Xena Warrior Princess meme. We are seeing more new listings across the country, and it’s something we’re also seeing locally.

Appraisal 78

Appraisal Architecture Contracts Design 78

Will Springer Realtor

FEBRUARY 13, 2025

between 2014 and 2023 on a typical new-built home, the Census reported. increase to $1.1M, according to the Northwest Multiple Listing Service (chart). Buyers and sellers across King County may answer with an Oh, yeah! by looking at Januarys Northwest Multiple Listing Service report. That was led by King Countys 9.5%

Property Taxes 36

Property Taxes Design Buyers Market Value 36

Housing Wire

JANUARY 29, 2021

“Greater participation of sellers and builders in the months ahead will make home sales possible while easing some of the pressure on price growth, which is currently rising at a double-digit percent rate and has been for almost six months.” ” Home prices soared 9.5%

Contracts 533

Contracts Real Estate Housing Market Technology 533

Will Springer Realtor

MAY 13, 2024

SETTLEMENT FOLLOW-UP A judge has preliminarily approved the $418M antitrust class-action settlement involving sellers’ compensation to brokers/agents in residential real estate sales. News of the settlement and its impact topped last month’s newsletter. home sales in 2023, the highest level since 2014.

HOA 36

HOA Transportation Construction Buyers 36

Will Springer Realtor

AUGUST 9, 2022

48% own homes, reflecting a steady rise since 2014. The market recalibration continues across King County with a sharp drop in new listings, Pending sales and closings while prices decline. The number of new homes for sale fell 19% (4009) across the county from June to July and 9.5% The other Washington, as in D.C.,

Inventory 36

Inventory Buyers New Listings Construction 36

Will Springer Realtor

MAY 9, 2022

Sidenote: Adjustable-rate mortgages (ARMs), which typically have lower interest rates than fixed-rate mortgages, have become an attractive option for new buyers financing a home. The spread between a 30-year and ARMs – in which rates can be adjusted typically after 5 or 7 years – is the widest since 2014. Some believe it can’t.

Architecture 36

Architecture Design Buyers Construction 36

Will Springer Realtor

JULY 9, 2021

I am often asked by sellers what home projects should they address to get the highest return on investment. Since 2014, prices have risen across the board for all the projects ranked in the report, but this year has seen a spike in prices. On to new listings, and we start far away. Sellers are asking $2.9M ($1590/sq.

Buyers 36

Buyers Development Transportation Inventory 36