Appraisal Buzz

FEBRUARY 14, 2025

According to recent Zillow data, as the home-buying season draws near, buyers are more affected by persistently high mortgage rates than sellers. Most purchasers in the market today have a high probability of seeing a price reduction on their bookmarked listing, even though competition varies significantly by region.

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Sellers New Listings Buyers Home Value 268

Housing Wire

OCTOBER 10, 2023

Fewer sellers see the upside of listing now New listings volume each week remains very low, and there are very few sellers who want or need to sell into this market. And there is certainly no flood of sellers. The data shows that 58,000 new single-family listings hit the market this week.

Mortgage 482

Mortgage Inventory Contracts Sellers 482

Housing Wire

MARCH 19, 2025

One month after the policy was implemented, the DOJ served NAR a second civil investigative demand (CID) , following the first CID it issued in 2018 over NARs now defunct Participation Rule. Miller believes that agents who push sellers to use private listing networks are not doing their fiduciary duty.

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Realtors Legal Sellers Law 213

Housing Wire

NOVEMBER 9, 2022

We saw this happen in 2013-2014 and 2018-2019. NAR total inventory data 1,250,000 One thing about purchase application data and demand is that a traditional seller is typically a buyer of a home. New listing data is down 5% year to date, as you can imagine. This means less demand for housing.

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New Listings Inventory Housing Market Sellers 508

Housing Wire

JULY 13, 2021

Two of my buyers just had their offers accepted because the sellers’ first buyers backed out. An improving supply situation may also be making a difference, with new listings up 4% year over year — meaning more properties are hitting the market for buyers to bid on. million and 1.92

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Inventory Housing Market Real Estate Agent Buyers 511

Appraisal Buzz

SEPTEMBER 10, 2024

“These weeks boast many of the same benefits as the best week, but are just slightly less favorable due to falling new listing activity.” A given week scored highly if it had more listings compared to other weeks of the year. Why This Particular Week? Each week was then ranked by the average of those scores.

Inventory 397

Inventory Buyers New Listings Marketing 397

Housing Wire

NOVEMBER 18, 2022

Seasonal impacts are the norm with housing, and new listing data is negative 6% year to date. We saw new listing data decline when rates got to 6.25% the first time. A traditional seller is primarily a homebuyer, so not only do we lose the inventory for sale when this happens, but we also lose a buyer. months to 3.3

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Inventory Marketing Housing Market New Listings 493

Housing Wire

MARCH 22, 2024

In the nearby metro area of Cape Coral-Fort Myers , active single-family inventory over the previous 90 days averaged 6,500 listings as of March 15, above its March 2020 level of 5,044 listings and approaching its March 2019 level of 7,243 listings. Smith attributes the uptick in inventory to a bump in new listings.

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Insurance Inventory Marketing Real Estate 448

Housing Wire

AUGUST 3, 2022

We saw this in 2013-2014 and 2018-2019. In 2018, sales trends fell from 5.72 They have to move as well, so a traditional seller is a buyer most of the time when it’s a primary resident owner. The downside of rates moving up so quickly is that some sellers pull the plug until rates are better. Higher rates and sales data.

Mortgage 514

Mortgage Inventory Sellers Housing Market 514

Housing Wire

FEBRUARY 7, 2024

With mortgage rates briefly topping 8% and home prices breaking records throughout the year, many would-be sellers simply decided not to bother listing their homes, exacerbating already tight inventories. New data from the U.S. since the fourth quarter of 2018. How quickly would sellers return if rates were lower?

Inventory 459

Inventory Sellers Mortgage Marketing 459

Housing Wire

FEBRUARY 6, 2023

points on average, with a corresponding cost of about $1,500, in 2018 through 2020. “On While buyers seem to be returning to the market early in 2023, purchase loans locked in January are still off by 13% compared to the 2018 and 2019 pre-pandemic levels. points paid, Ben Graboske, president of Black Knight Data & Analytics, said.

Inventory 397

Inventory Mortgage New Listings Home Value 397

Housing Wire

MARCH 6, 2023

Growing supply shortages are holding housing prices higher, and affordability constraints coupled with elevated rates lock potential sellers in place. 25, purchase lock counts were 21% below the same week in 2019, and 30% below the levels during the same week in 2018. As of the week ending Feb. Months of supply stagnated at about 3.1

Housing Market 418

Housing Market Marketing Inventory Sellers 418

Housing Wire

FEBRUARY 6, 2023

And should we be concerned if new listing data doesn’t grow much this year? A great chart from Freddie Mac shows the trouble with having rates too high as new listing data declines. One thing we have seen post COVID-19 that when new listing data does decline, we can have a waterfall dive in demand.

Inventory 488

Inventory Housing Market Marketing New Listings 488

Housing Wire

JULY 24, 2023

If a year is a market slowdown, like 2022 or 2018, inventory might not peak until September or October. 450,000 is a psychological threshold for sellers and prices tend to cluster around these big numbers. The median price of the new listings is $400,000 this week. Balanced between buyers and sellers.

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Inventory Contracts New Listings Buyers 369

Housing Wire

JULY 17, 2023

Sellers have not materialized, and buyers have been buying everything that becomes available. The peak of inventory for 2023 so far was the week of the New Year — that is insane. We could see inventory from distressed sellers emerge in 2025. I’ve been watching the price of the new pending sales each week. is $450,000.

Real Estate 369

Real Estate Marketing Inventory Contracts 369

Housing Wire

JULY 8, 2024

Expired listing cold calling script Cold calling expired listings is a proven (if sometimes terrifying) way to find new business. These sellers were on the market with another agent before and could not sell. Usually, they’re inundated with agents calling them for the first few days after their listing expires.

Real Estate 435

Real Estate Business Agents Sellers 435

Housing Wire

APRIL 22, 2024

We negotiated to get the sellers the highest price possible. Even if you’re months or even years away from moving, a seller’s prep session is one of the services I offer homeowners. Many of us are in sellers’ markets with very low inventory. The goal in prospecting FSBO sellers is to be that agent.

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Real Estate Open Houses Brokerage Real Estate Agent 466

Housing Wire

FEBRUARY 28, 2024

So if you want to actually generate leads from social media, focus on telling stories that resonate with local buyers and sellers. So get over your fear of being perfect and just start creating content that resonates with buyers and sellers in your farm area. Touring a new listing? Take a quick sneak peek video.

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Real Estate Marketing Tools Contracts 482

Housing Wire

AUGUST 21, 2023

Inventory often peaks the last week of August, the fall has fewer sellers and it keeps shrinking through the holidays. Early this year we had more home buyers than sellers, even with rates in the six-percent range. Price reductions are about to inch above 2018 and 2019 again. The price of the newly listed homes is 1.3%

Inventory 370

Inventory Contracts Buyers Sellers 370

Cleveland Appraisal Blog

JANUARY 5, 2023

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. Sellers are starting to realize that we are no longer in the same market as we were in 2020-2022.

Housing Market 374

Housing Market Marketing Appraisal Inventory 374

Housing Wire

SEPTEMBER 18, 2024

Virtual open houses are a unique way to help you stand out from other agents as a tech-savvy marketer and can help get your listings in front of hundreds (possibly thousands) of potential buyers online. This increased exposure will help you find new leads, especially those impressed by your marketing skills.

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Open Houses Agents Real Estate Sellers 344

Housing Wire

AUGUST 1, 2023

The median price of the new listings this week is $399,900. As the summer progresses, each subsequent week of new listings gets priced at a slight discount to the previous weeks. Mortgage rates rose during 2018 which tempered demand. Sellers are in much better shape than they were last year.

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Inventory Contracts Buyers Mortgage 370

Hank Miller Team

APRIL 6, 2022

Traditionally, the months of May and June see the most new listings as the school cycle hits – graduating families sell and rising families buy. The charts below focus on key indicators; number of listings, number of sales, days on market and sale to list ratio. consider this a broad overview.

Inventory 94

Inventory Contracts Buyers Sellers 94

Empire Appraisal Group

JANUARY 4, 2023

Buyer demand has dropped due to rising rates, and seller supply slowed too, creating an uneasy balance. But if buyers drop or sellers expand more, it will impact prices. NEW YORK – The U.S. The trend line will start to look concerning if it breaks through seasonal norms from 2018 and 2019 in the months ahead.

Inventory 78

Inventory Open Houses Sellers Real Estate 78

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 19, 2023

The region’s real estate scene in 2023 will be remembered for rising home prices and scant new listings. Buyers and sellers tiptoed through caution. As the year dims, all eyes fixate on 2024’s potential: a hopeful dance fueled by dreams of lower rates and a wave of new homes for sale. Um, bye-bye!

Real Estate 68

Real Estate Buyers Sellers Inventory 68

Will Springer Realtor

MARCH 10, 2023

Unless the listed home is in a favorable location, priced competitively and move-in ready, activity has been somewhat muted as prospective buyers and sellers wait for economic conditions to improve. Sellers who priced their homes appropriately enjoyed busy open houses in their first weekend on the market followed by multiple offers.

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Construction Modernization Inspection Buyers 36

Will Springer Realtor

JANUARY 10, 2023

The number of new listings for all home types – single-family, townhomes and condos combined – in King (887) fell 47% from November and declined 36% from December 2021. If there is promising news, it’s that winter housing statistics are usually stark amid a lack of activity and few new listings. news publishers.

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Housing Market Marketing Inventory Real Estate 36

Listing Spark

JANUARY 12, 2023

Home sellers should focus on their local market and pull out all the stops when listing a house. 2022 Market Trends: Decrease in sales, values, and new listings in Austin, TX; median home value up 9.9% AirBnB prices will likely drop and vacancies will increase. Episode Highlights. That’s a staggeringly high number.”

Real Estate 36

Real Estate Marketing Home Value Inventory 36

Will Springer Realtor

NOVEMBER 14, 2023

Beyond labor strife, America’s home buyers and sellers appear to be on strike as well. October figures from the Northwest Multiple Listing Service strongly suggest prospective buyers and sellers are taking a wait-and-see approach. New listings in King were off 26% month-to-month (1583) and Active listings were down 9.4% (2296).

Inventory 36

Inventory Buyers Sellers New Listings 36

Will Springer Realtor

OCTOBER 8, 2021

To be sure, the market is still leaning heavily in the sellers’ favor and listings are slimmer than a strand of spaghetti. New listings are up 6.3% Condo sales are in a similar boat, with new listings higher – by 4.3% Purchased in 2018 for $2.64M, the owner is seeking $4.99M, $1640/sq. 1 vs. Sept.

Real Estate 36

Real Estate Buyers Inventory Housing Market 36

Will Springer Realtor

FEBRUARY 13, 2025

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. Sellers got a head start on spring by introducing more than double the number of homes for sale in December.

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Property Taxes Design Buyers Market Value 36

Will Springer Realtor

APRIL 8, 2021

Here’s the key difference between now and 2008-2010: Homeowners have record levels of equity and should be able to tap into that to sell their homes – probably for a profit in this sellers’ market – and avoid foreclosure. The image was taken from a drone above The Parc, a condo in Belltown, where I am promoting one of my new listings.

Inventory 36

Inventory New Listings HOA Buyers 36

Will Springer Realtor

SEPTEMBER 8, 2021

Here’s a negotiating tactic that you may not have thought of: Sellers who “spy” on buyers when they are visiting the home. About three in every 10 sellers say they have used a camera on the property during an open house or showing at their home, according to a study of more than 2,000 consumers from LendingTree. SMILE FOR THE CAMERA.

Construction 36

Construction Inventory Buyers Real Estate 36

Will Springer Realtor

FEBRUARY 9, 2022

HB 1951 would remove “Don’t Know” from the Seller Disclosure Statement that owners complete with the sale of a home. The survey also said that among sellers in the 12 months ending mid-2021, 46% went on to purchase a larger home. >> The U.S. rental-vacancy rate dropped to 5.8% For our housing market, it’s time to have that talk.

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Buyers Inventory Law Development 36

Will Springer Realtor

AUGUST 9, 2022

An independent estimate from 2018 claims roughly 40% of the nation is in a flood-risk area. 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%

Inventory 36

Inventory Buyers New Listings Construction 36

Will Springer Realtor

MAY 12, 2021

That’s 52% higher than 2018, when Freddie first began looking at housing shortages. The county saw new listings and end-month Active listings rise but Pending sales slip, suggesting buyers are no longer snatching every listing on the Northwest MLS as they become available. Listed at $1,995,000 ($725/sq.

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Real Estate Inventory Buyers Construction 36