Housing Wire

AUGUST 29, 2024

Unsold inventory of homes on the market has been climbing in the U.S. In general, inventory rises with rates because more expensive money slows demand. When demand slows, inventory grows. Inventory is climbing but it’s still pretty restricted. And importantly, inventory isn’t growing everywhere equally.

Inventory 482

Inventory Real Estate Housing Market Construction 482

Housing Wire

NOVEMBER 25, 2024

Inventory also declined for the week but less than expected. Inventory has been compressing since last year, but it expanded this week. Inventory is moving down There are now 719,000 single-family homes unsold on the market around the U.S. We anticipate another 13% inventory growth next year.

New Listings 397

New Listings Inventory Sellers Contracts 397

Housing Wire

DECEMBER 7, 2024

Weekly housing inventory data Housing inventory fell last week, which is typical at this time of year. The peak in 2024 inventory will be 739,434, which isnt a normal level for inventory, but it’s good enough for me to feel much better about the housing market. Weekly inventory change (Nov.

New Listings 505

New Listings Inventory Contracts Housing Market 505

Housing Wire

OCTOBER 28, 2024

We track inventory and home sales very closely, so the biggest surprise this year has been the resiliency of home prices. 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. Our model had expected inventory to climb just a bit this week.

Inventory 476

Inventory New Listings Sellers Contracts 476

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. Now it’s on the rise.

New Listings 511

New Listings Inventory Contracts Sellers 511

Housing Wire

JUNE 1, 2024

Weekly housing inventory data The best story about housing in 2024 has been that we are finally growing inventory and getting off these savagely unhealthy low levels of active listings. Even though we didn’t hit my goal this week of inventory growth between 11,000 – 17,000, it was still a decent week at 10,374.

Mortgage 520

Mortgage Inventory New Listings Housing Market 520

Housing Wire

SEPTEMBER 22, 2023

Meanwhile, available inventory continues to dwindle as many homeowners stay put to keep their relatively low mortgage rates. 17, total active listings were at 806,701, down 16.2% However, new listings have stabilized, ticking up slightly since the beginning of September. . New listings are down 6.7%

New Listings 482

New Listings Inventory Buyers Mortgage 482

Housing Wire

NOVEMBER 11, 2024

Inventory, new listings, sales, and prices all dipped this week. The election took up a lot of peoples’ lives last week, and that obviously delayed some listing and sales activity, plus we’ve had spiking mortgage rates. I’m now looking forward to 2025 when the data comes in each week.

Housing Market 397

Housing Market Marketing Inventory New Listings 397

Housing Wire

JANUARY 26, 2024

According to an NAR outlook, home sales are projected to rise significantly in 2024 and 2025 as the housing market steadily returns to normal. increase between 2024 and 2025 to a pace of 5.35 in 2025 to reach $405,200. in 2025 to reach $405,200. But new listings activity grew by 9.1% million and a 15.8%

Contracts 482

Contracts Housing Market Construction Inventory 482

Housing Wire

NOVEMBER 4, 2024

Inventory is past peak for the year, so the momentum looks to keep the trends in a positive direction for now. Inventory drops again There are 736,000 single-family homes unsold on the market in the U.S. The inventory peak came a month earlier than in 2023. Mortgage rates were super high and inventory was building.

Inventory 396

Inventory New Listings Sellers Contracts 396

Housing Wire

SEPTEMBER 3, 2024

This week the available inventory of homes for sale inched down across the country. But it is indicative that we’re roughly at the peak of inventory for the summer. We may have a few more weeks of inventory gains, but the long stretch where inventory has been growing compared to a year ago is now over.

Inventory 457

Inventory New Listings Contracts Buyers 457

Housing Wire

DECEMBER 21, 2024

Total active listings are experiencing their traditional seasonal decline, but with less than two weeks left in the year, its evident that there are ready homebuyers in America. However, we need lower mortgage rates to grow sales in a bigger fashion in 2025. Weekly inventory change (Dec. I still consider this a positive outcome.

Housing Market 284

Housing Market Marketing Inventory New Listings 284

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

DECEMBER 14, 2024

Weekly housing inventory data We are experiencing a seasonal decline in housing inventory , which seems normal. The positive outlook for housing in 2024 is that we have established a good buffer with our inventory data something we could not do from 2020-2023. I am happy with the inventory growth we are seeing in 2024.

Mortgage 396

Mortgage Inventory New Listings Contracts 396

Appraisal Buzz

JUNE 12, 2024

Inventory, New Listings and Pending Sales Overview New listings increased by 7.9% more new listings compared to last year. New listings are still 23.3% Inventory (the number of listings active at any time during the month) in May increased by 7.4% Inventory levels are 33.8%

Sellers 397

Sellers Buyers New Listings Home Value 397

Housing Wire

JULY 31, 2024

Compass also said it is not seeing any changes in new listings with regard to commission offers, whether on the Compass platform or on multiple listings services (MLSs). It’s launching a beta version of its client dashboard in October, with full rollout finishing at the beginning of 2025.

Agents 448

Agents Brokerage New Listings Buyers 448

Housing Wire

SEPTEMBER 24, 2024

New listings have stalled as a result of rising inventory. We’ve seen a higher monthly supply of inventory there, but that has been coming down throughout the year,” Curcio said. Chicago has since exhibited a more traditional seasonal home-price pattern, but since February 2023, the median home price is up by 27%.

Housing Market 459

Housing Market Marketing Property Taxes Inventory 459

Housing Wire

JANUARY 18, 2024

“It will also allow us to achieve our goal of supplying 10,000 homes outside of Japan by fiscal year 2025, ahead of our initial expectations.” faces house inventory challenges. ” Sekisui claims it has delivered over 2.62 It’s also a 41% premium to the 90-day volume-weighted average trading price.

New Listings 459

New Listings Housing Market Inventory Sellers 459

Appraisal Buzz

SEPTEMBER 5, 2024

Simultaneously, home sellers reduced the number of newly listed properties on the market, with a -0.9% In April we noted that rising for-sale inventory was likely to lead to more balance between buyers and sellers. This suggests that the proportion of smaller, more affordable homes in the inventory is still increasing.

Sellers 397

Sellers Housing Market Buyers Marketing 397

Housing Wire

MAY 8, 2024

We have brought down expenses and continue to grow our agent count and inventory advantage,” Reffkin said. We found that more than 99% of new listings in March included offers to pay the buyer’s agent. Furthermore, more than 96% of all listings included offers of 2% or more, and more than 67% are offering to pay 2.5%

Agents 468

Agents Real Estate Brokerage Clients 468

Appraisal Buzz

JULY 12, 2024

“The combination of declining mortgage rates, rising supply and a lot of inventory growing stale means buyers have a window where they have more purchasing power than earlier in the year and more homes to choose from. It’s also possible rates drop further in 2025, which would make monthly costs decline more and increase competition even more.

Contracts 370

Contracts Inventory Buyers Sellers 370

Housing Wire

JULY 17, 2023

By October 2022, it looked like 2023 would have rising inventory and falling home prices. Inventory has fallen all year. 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 grew pretty bearish again.

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. When you buy through our links, we may earn a commission.

Open Houses 448

Open Houses Real Estate Tools Agents 448

Empire Appraisal Group

OCTOBER 10, 2024

ResiClub analyzed September inventory data just released from Realtor.com. Lance Lambert Source: [link] When assessing home price momentum, ResiClub believes it’s important to monitor active listings and months of supply. Conversely, a rapid decline in active listings could suggest a market that is heating up.

Inventory 78

Inventory New Listings Housing Market HOA 78

Housing Wire

DECEMBER 6, 2024

For buyers, you may want to link to new listings that fit their must-haves. Use snippets from your longer content (like blogs) for your newsletter and include links to direct your audience back to your website. You can do the same with your social media channels. Share these with your database on rotation throughout the year.

Real Estate 397

Real Estate Clients Tools Sellers 397

Will Springer Realtor

OCTOBER 15, 2024

Consumers considering a change of address are holding out amid forecasts for lower mortgage interest rates in 2025. Realtor.com reported that our broader market (including Bellevue and Tacoma) experienced the sharpest rise in new listings compared with last year, up 42%. The number of Active listings is another eye-opener.

Housing Market 68

Housing Market Marketing Construction Buyers 68

Lamacchia Realty

JULY 29, 2024

Listings have slightly improved in volume so far this year by 1.9%, which contributes to the rise in inventory in CT. As of June 2024, inventory is finally reaching levels higher than last year (yellow line in the graph to the right) after starting the year with the lowest levels since 2017. and multis are up by 17.4%.

Inventory 65

Inventory Sellers Buyers Real Estate 65

Will Springer Realtor

APRIL 9, 2024

It was particularly true on the Eastside, where sales surged 52% from February to March and 9% year-on-year (YoY) and inventory narrowed to under a month (29 days) before all homes for sale would theoretically be under contract if no others hit the market. months (20 days) of available inventory. Inventory stood at 1.3

Marketing 62

Marketing Inventory Buyers Sellers 62

Will Springer Realtor

FEBRUARY 13, 2024

The number of newly listed homes more than doubled from December and increased moderately compared with the same time last year, according to data from the Northwest Multiple Listing Service (MLS). Total inventory remains low, however, keeping prices higher on an annual basis. months’ inventory, up from 1.4 King had 1.8

New Listings 56

New Listings Buyers Inventory Lending 56

Lamacchia Realty

JULY 29, 2024

Prices have been rising in Rhode Island for years , but there was the Covid-era spike due to frenzied demand and since then a drop just hasn’t happened due to historically low inventory (see yellow line in chart to right). The extremely tight Rhode Island inventory will make it very unlikely that we will see a price drop.

Sellers 61

Sellers Real Estate Buyers Contracts 61

Will Springer Realtor

SEPTEMBER 12, 2023

fewer new listings, the rate of sales rose 1.7% Two data points stood out from the latest report by the Northwest Multiple Listing Service: The aforementioned new listings for all homes in the county – 2684 – is at a low not seen for an August since records were shared with brokers (like me) dating back to the mid-1990s. “I

Finance 68

Finance Inventory Construction Buyers 68

Lamacchia Realty

JULY 29, 2024

Prices in New Hampshire have been rising for years, with a Covid-era spike due to high demand. A drop hasn’t occurred due to tight inventory (see the yellow line in the chart to the right) which makes a price drop unlikely. Sellers typically list their homes only when necessary or due to significant life changes.

Sellers 54

Sellers Buyers Contracts Real Estate 54

Lamacchia Realty

JULY 29, 2024

Active inventory in South Florida has made a giant leap and is back up to levels from the fall of 2020. Condos & townhomes specifically are being listed faster than they are going under agreement which is greatly contributing to the rise in inventory levels we are currently seeing. Prices Increase 13.1%

Sellers 60

Sellers Buyers Insurance Inventory 60

Lamacchia Realty

JULY 29, 2024

Prices have been rising in Maine for years , but there was the Covid-era spike due to frenzied demand and since then a drop just hasn’t happened due to low inventory (see yellow line in chart to right). Sellers typically list their homes only when necessary or due to significant life changes. and multi-families are up by 4.9%.

Sellers 64

Sellers Real Estate Buyers Contracts 64

Lamacchia Realty

JULY 29, 2024

Inventory is up , as you can see in the chart to the right, the yellow line depicting 2024 which has been higher than 2023 (purple line) from late winter until present day. Last year depicted the lowest number of homes listed in two decades, so this year is the start of the market rebalancing itself. for singles, down 4.5%

Sellers 69

Sellers Buyers Real Estate Contracts 69

Will Springer Realtor

AUGUST 13, 2024

July was marked by an expanding inventory of for-sale homes, fewer Pending sales and mostly higher prices. Inventory of all King County homes for sale (excluding Pending sales) was up 40% Year on Year (YoY) in July. The figure sounds significant until you realize it is also down 20% compared to July 2019 (5538 active listings).

Buyers 53

Buyers Investors Sellers Inventory 53

Will Springer Realtor

MAY 14, 2024

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). Active listings (available as of May 1) rose 16% for the month to 1727 homes but were 6.2% months of inventory, including 1.3 There are 2.0

Marketing 36

Marketing Inventory Buyers Sellers 36