Housing Wire

DECEMBER 7, 2024

Let’s get into the holiday spirit with this week’s Housing Market Tracker data! Weekly pending sales The weekly pending contract data from Altos Research offers an insightful look into real-time housing demand. However, like most housing data, this information is quite seasonal. Weekly inventory change (Nov.

New Listings 505

New Listings Inventory Contracts Housing Market 505

Housing Wire

JANUARY 26, 2024

The housing market is off to a good start this year, as consumers benefit from falling mortgage rates and stable home prices,” NAR chief economist Lawrence Yun said in a statement. Job additions and income growth will further help with housing affordability, but increased supply will be essential to satisfying all potential demand.”

Contracts 482

Contracts Housing Market Construction Inventory 482

Housing Wire

NOVEMBER 25, 2024

When we released the HousingWire 2025 forecast paper earlier this month, we discussed how we assume continued inventory growth in 2025, but at a slower pace of appreciation than we saw this year. The 2025 lines will trend higher, even closer to the old normal levels. This level of new listings will lead to inventory growth.

New Listings 397

New Listings Inventory Sellers Contracts 397

Housing Wire

NOVEMBER 23, 2024

24): Inventory fell from 569,898 to 565,875 The all-time inventory bottom was in 2022 at 240,497 The inventory peak for 2024 so far is 739,434 For some context, active listings for this week in 2015 were 1,104,310 New listings data While active inventory didn’t rise, we did get a nice boost in new listings this last week.

Mortgage 514

Mortgage Inventory New Listings Contracts 514

Appraisal Buzz

SEPTEMBER 5, 2024

Shoppers, who are out this fall, are likely to face lower competition than is expected in spring 2025 as more shoppers anticipate better mortgage rates.” Similar to buyers, sellers reduced their offering in August as newly listed properties dropped 0.9% This reverses a nine-month trend of rising listing activity.

Sellers 397

Sellers Housing Market Buyers Marketing 397

Housing Wire

JUNE 1, 2024

So, what does this all mean for the housing market and the future of mortgage rates? Remember that even though we are showing growth year over year — 2023 was the lowest levels of new listings ever recorded in history. It’s a big week for housing with reports on the labor market, the economy and mortgage rates.

Mortgage 520

Mortgage Inventory New Listings Housing Market 520

Housing Wire

DECEMBER 14, 2023

“Given inflation continues to decelerate and the Federal Reserve Board’s current expectations that they will lower the federal funds target rate next year, we likely will see a gradual thawing of the housing market in the new year,” Sam Khater, Freddie Mac’s chief economist said in a statement.

Mortgage 501

Mortgage New Listings Loan Officers Inventory 501

Housing Wire

SEPTEMBER 22, 2023

17, total active listings were at 806,701, down 16.2% However, new listings have stabilized, ticking up slightly since the beginning of September. “In one week, we had the biggest decline in new listings data all year, which might indicate Americans are giving up on listing their homes.

New Listings 482

New Listings Inventory Buyers Mortgage 482

Housing Wire

OCTOBER 28, 2024

All the dominant trends in the housing market this year seem like they would indicate home prices declining. With just a few local market exceptions, home prices nationally will finish the year up again and will go into 2025 with some upward momentum. There were another 9000 new listings/immediate sales this week.

Inventory 476

Inventory New Listings Sellers Contracts 476

Housing Wire

NOVEMBER 4, 2024

The hardest position to take in analyzing the housing market is one that is contrarian and bullish. When everyone knows that the housing market is sluggish and weak, but the data shows surprising strength. New listings rise There were just under 61,000 new listings unsold this week.

Inventory 396

Inventory New Listings Sellers Contracts 396

Housing Wire

JANUARY 18, 2024

. “This transaction directly aligns with our stated strategy for growth in North America and will create a more resilient portfolio for Sekisui House,” Yoshihiro Nakai, president and CEO of Sekisui House, said in a statement. ” Sekisui claims it has delivered over 2.62 ” Regarding the U.S.

New Listings 459

New Listings Housing Market Inventory Sellers 459

Housing Wire

MARCH 18, 2024

Although I don’t have any capacity to predict interest rates, I do know what happens to the housing market if rates rise or fall from here. New listings Last week, 59,000 new single-family listings came to market. It was not that long ago that we had 70,000 or 80,000 new listings each week in March.

Inventory 468

Inventory New Listings Sellers Contracts 468

Housing Wire

MARCH 25, 2024

Specifically, when housing inventory is 25% greater than a year ago, the supply/demand balance is obviously very different than it has been. So while we can see currently the prices of home sales holding up, the signals for the end of 2024 and into 2025 seem to suggest we’re heading for flat home prices. A year with 5.5

New Listings 511

New Listings Inventory Contracts Sellers 511

Housing Wire

AUGUST 19, 2024

We’re on the lookout for these subtle shifts in the market because that has implications for home price appreciation and for home sales volumes for the year. There’s nothing in the data that says 2024 is going to accelerate, so the most optimistic scenario we’re watching for is stability and maybe poised for a sales recovery in 2025.

Inventory 435

Inventory New Listings Sellers Buyers 435

Housing Wire

DECEMBER 14, 2024

Over the past two years, housing demand has improved when the 10-year yield falls enough to get mortgage rates near 6%. Mortgage spreads I cannot emphasize enough how positive this year’s mortgage spreads have been for the housing market and the general economy. Weekly inventory change (Dec.

Mortgage 396

Mortgage Inventory New Listings Contracts 396

Housing Wire

SEPTEMBER 3, 2024

Mortgage markets could cause mortgage rates to jump even if the Fed cuts. New listing numbers are low There were just 59,000 new listings unsold this week for single-family homes. There were another 10,000 new listings that immediately sold. Both of those numbers are very low. It’s that time of year.

Inventory 457

Inventory New Listings Contracts Buyers 457

Housing Wire

AUGUST 29, 2024

According to Altos Research , there are 40% more homes on the market at the end of August 2024 than there were last year at this time. That means currently just over 700,000 single-family homes are unsold, with about 10% of those going into contract each week, and another 75,000 new listings.

Inventory 482

Inventory Real Estate Housing Market Construction 482

Appraisal Buzz

JULY 12, 2024

More Good News for Buyers: More Homes to Shop Around Growing inventory is encouraging for purchasers as well: The number of properties for sale is almost at its highest point since late 2020, with new listings up 7% year-over-year. less than what it was listed for at the beginning of July. overall and by 7.3%

Contracts 370

Contracts Inventory Buyers Sellers 370

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.

New Listings 195

New Listings Buyers Housing Market Real Estate Agent 195

Housing Wire

JULY 17, 2023

housing market could have a soft landing in 2023. The market was roaring — way too hot — with bidding wars, speculators and investors who thought they couldn’t lose. We could see inventory from distressed sellers emerge in 2025. Price The median price of all single-family homes on the market in the U.S.

Real Estate 369

Real Estate Marketing Inventory Contracts 369

Housing Wire

NOVEMBER 26, 2024

If an uptick in housing inventory and more favorable interest rates materialize in 2025, you’ll still need to find creative ways to generate buzz for your listings and expand your client network. Listing and marketing properties is a complicated process. But what exactly is the right approach?

Open Houses 448

Open Houses Real Estate Tools Agents 448

Housing Wire

DECEMBER 6, 2024

For buyers, you may want to link to new listings that fit their must-haves. Graphics and statistics NAR.com Detailed market insights, research, and statistics from the real estate industry, legal news, marketing tips, and tools. RealTrends.com Housing market data by city and state, agent news, and advice.

Real Estate 397

Real Estate Clients Tools Sellers 397

Will Springer Realtor

OCTOBER 15, 2024

Yes, there are signs of greater real estate activity in Seattle/King County since the Fed trimmed its short-term rate by a half-percent, but Americans are not swarming the market in a purchasing frenzy. Consumers considering a change of address are holding out amid forecasts for lower mortgage interest rates in 2025. was up 27% YoY.

Housing Market 68

Housing Market Marketing Construction Buyers 68

Empire Appraisal Group

OCTOBER 10, 2024

Conversely, a rapid decline in active listings could suggest a market that is heating up. Generally speaking, local housing markets where active inventory has returned to pre-pandemic levels have experienced softer home price growth (or outright price declines) over the past 24 months. Active listings (i.e.

Inventory 78

Inventory New Listings Housing Market HOA 78

Will Springer Realtor

DECEMBER 10, 2024

The brief and unseasonal spurt in October activity across the Seattle/King County residential real estate market ended abruptly last month. 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%

New Listings 49

New Listings Buyers Real Estate Mortgage 49

Will Springer Realtor

FEBRUARY 13, 2024

The Seattle/King County housing market appears to have come through the worst of times with a slightly stronger showing in January than in previous months. And, despite the rise in new listings, the number of homes still on the market on Feb. in Q1 2025 (6.3%) 5.6% in Q2 2025 (6.2%) 5.6%

New Listings 56

New Listings Buyers Inventory Lending 56

Lamacchia Realty

JULY 29, 2024

2024 Connecticut mid-year housing report For this report, we are examining the Connecticut real estate market and we are focusing on three property types: single-family homes, condominiums, and multi-family homes. The market in Connecticut is especially tight given inventory levels.

Inventory 65

Inventory Sellers Buyers Real Estate 65

Will Springer Realtor

APRIL 9, 2024

Despite a challenging financing environment, the Seattle/King County housing market is moving forward. New listings (+17%), available homes at the start of April (+5.0%) and listings going under contract – also known as Pending sales – (+24%) were solidly higher when comparing month to month. above the list price.

Marketing 62

Marketing Inventory Buyers Sellers 62

Lamacchia Realty

JULY 29, 2024

Highlighted in this report are the average sale prices for single-family, condominiums, and multi-family homes in Rhode Island along with the number of homes listed for sale and placed under contract. increase This increase in listings indicates that sellers who have been hesitating to list their homes are finally getting off the sidelines.

Sellers 61

Sellers Real Estate Buyers Contracts 61

Will Springer Realtor

SEPTEMBER 12, 2023

There is a feeling of Halloween in the real estate world because this housing market is a bit scary these days. The market is spooking many potential buyers and sellers thanks to stubbornly high mortgage interest rates. fewer new listings, the rate of sales rose 1.7% While there were 5.8% There are 7.4%

Finance 68

Finance Inventory Construction Buyers 68

Lamacchia Realty

JULY 29, 2024

This is the first year that we are reporting on the entire state of New Hampshire, as for previous mid-year reports we focused on Belknap, Cheshire, Hillsborough, and Rockingham counties. Last year saw the lowest number of homes listed in two decades , indicated by the red line in the graph below.

Sellers 54

Sellers Buyers Contracts Real Estate 54

Lamacchia Realty

JULY 29, 2024

Highlighted in this report are the average sale prices for single-family, condominiums, and multi-family homes in Maine along with the number of homes listed for sale and placed under contract. The Maine housing market had a somewhat unique trend compared to other states in New England.

Sellers 64

Sellers Real Estate Buyers Contracts 64

Will Springer Realtor

AUGUST 13, 2024

The summer housing market slowdown is in full swing as vacations and Olympics TV viewing grab the attention of Americans rather than the pursuit of buying or selling a home in King County. The housing market feels like it’s in a slump, despite a slight monthly increase in sales across the county. existing home sales.

Buyers 53

Buyers Investors Sellers Inventory 53

Will Springer Realtor

MAY 14, 2024

Even after a few weeks of mortgage rate jumps, the Seattle/King County housing market is displaying surprising strength. The trend is somewhat similar in the category of single-family homes (which our MLS includes townhomes), with the number of new listings in King up 26% YoY and 18% since March (2551).

Marketing 36

Marketing Inventory Buyers Sellers 36

Will Springer Realtor

NOVEMBER 14, 2023

Worsening affordability issues and lower-than-usual inventory have prompted many consumers to watch this housing market from the sidelines – without the picket lines. October figures from the Northwest Multiple Listing Service strongly suggest prospective buyers and sellers are taking a wait-and-see approach. in 2024 and 4.5M

Inventory 36

Inventory Buyers Sellers New Listings 36

Will Springer Realtor

MAY 13, 2024

today – may hold the keys (literally and figuratively) to the housing conundrum. Baby Boomers still have a significant impact on various aspects of society, including the housing market, healthcare and the economy. With the settlement, a wave of new listings hit the market in the past several weeks.

HOA 36

HOA Transportation Construction Buyers 36

Housing Wire

AUGUST 12, 2024

Is it enough to motivate any new seller activity or are we looking at 2025 before home sales finally recover? If I were a homebuyer, I wouldn’t see many market trends that would make me want to jump now. Whatever the reasons, we are not yet measuring any increase in demand for this dismal 2024 housing market.

Buyers 476

Buyers Mortgage Inventory Sellers 476