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Housing Market Tracker: Inventory drops by 11,000

Housing Wire

Weekly inventory fell much more than the previous two weeks, down 11,021; new listing growth had its lowest weekly calendar print for this previous week. The new listing data had its lowest weekly print ever, down slightly from last year but more noticeably from what we traditionally saw in the previous decade.

Inventory 468
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Why are home prices rising with higher mortgage rates?

Housing Wire

When you ask the housing crash addicts why their home-price forecasts don’t work, they usually say we should adjust home prices to inflation, gold prices, or some other silly historical reference that doesn’t apply to modern-day economics. In 2010, when the new listings data was exploding, over 23% of homes in America were underwater.

Mortgage 493
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HOUSING ‘TRIFECT’ PUTTING SQUEEZE ON BUYERS

Will Springer Realtor

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). Bosa developed the twin, 41-story, 698-unit community in 2015-2016. Pittsburgh).

Buyers 36
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Signs of Inflation Expand Well Beyond Housing Prices

Will Springer Realtor

>> And in a different metric, Seattle-area home prices have risen 55% from December 2015 to the start of this year, according to Case-Shiller, a home-price index from S&P CoreLogic. >> Through February, the number of existing home listings across the U.S. Check out the details of this wonderful home at parc606.com.

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Will Springer Realtor - Untitled Article

Will Springer Realtor

The reason, beyond the seasonal spring burst of new listings, may be tied to a recent legal settlement between Insignia’s Homeowners Association and Bosa Development Washington on a litany of building defect claims. With the settlement, a wave of new listings hit the market in the past several weeks.

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RISING INFLATION, RATES TRIP UP HOUSING MARKET

Will Springer Realtor

While the number of new listings in June jumped 8.2% in new listings and 57% in active listings at the start of this month (3256), up 124% from a year ago. LUXURY LIVING King County is well known for its amazing mid-century modern homes. TVs in almost every room, all of which stay with the new owners.