Housing Wire

JULY 16, 2021

“In June we entered a new phase of the housing market,” Fairweather said. “Home sales are starting to stall because prices have increased beyond what many buyers can afford. ” Fifty-six percent of homes sold above their list price — another record high, up from 27% a year ago. from a year ago.

Buyers 545

Buyers New Listings Housing Market Marketing 545

Housing Wire

SEPTEMBER 15, 2023

Buyers facing high mortgage rates are pulling out of their home-purchase agreements at the highest rate in nearly a year. of homes that went under contract that month, according to a new report from Redfin. A lot of sellers are also willing to let buyers slip away because they don’t want to concede to repair requests,” Morre said.

Buyers 448

Buyers Mortgage New Listings Real Estate 448

Appraisal Buzz

SEPTEMBER 16, 2024

According to Zillow’s most recent market report , reduced mortgage rates and more inventory are providing house buyers with a window of opportunity at an uncommon time of year. Buyers have more options to choose from for two reasons. Beyond that, more inventory is becoming available enough to improve buyer negotiating power.

Buyers 396

Buyers Inventory New Listings Home Value 396

Housing Wire

APRIL 25, 2024

“I called the listing agent and it was listed three hours ago, but it was sold,” the Cincinnati, Ohio -based eXp Realty agent said. “We There is no way you can stay on top of things unless you hire someone to watch new listings pop up every 10 minutes. Buyers are really struggling.” We couldn’t even see it.

Buyers 459

Buyers Marketing Inventory Investors 459

Appraisal Buzz

JUNE 14, 2024

Buyers today are facing many of the realities of a hot market even though few homes are changing hands,” said Elijah de la Campa, Senior Economist at Redfin. And with so few homes for sale, buyers in some markets are getting into bidding wars, which is helping push home prices to record highs.” Ongoing U.S. year-over-year.

Sellers 435

Sellers Buyers New Listings Mortgage 435

Appraisal Buzz

NOVEMBER 22, 2024

“It’s gratifying to see many of the trends that we identified in January holding true and new ones taking shape halfway through the year,” Michael Althea, VP of Coldwell Banker Luxury , said. As evidence, “a notable uptick in sales was observed from January to May, coinciding with the introduction of new listings,” according to the report.

Buyers 417

Buyers Luxury Properties Marketing Inventory 417

Appraisal Buzz

JULY 9, 2024

The market is trending slightly in the direction of becoming more buyer-friendly thanks to these factors. While the quantity of homes on the market still trails pre-pandemic levels, home buyers are seeing more options to choose from as inventory increases,” said Danielle Hale, Chief Economist for Realtor.com. and 48.7%, respectively.

Housing Market 418

Housing Market Buyers Marketing Inventory 418

Housing Wire

MARCH 8, 2024

Real estate agents in the leafy suburbs of Bergen County, New Jersey say the current housing market — with historically low inventory and record-high prices — is actually more challenging than the multiple offer chaos they sweated through during the pandemic. “At But now buyers are sick of waiting around and are deciding it is time to buy.”

Housing Market 468

Housing Market Buyers Agents Marketing 468

Appraisal Buzz

DECEMBER 9, 2024

Buyers realized mortgage rates may not drop below 5%, and probably not below 6%, in the near future. New listings on the for-sale market have increased by 3% annually. The top five metros with biggest year-over-year (YoY) increases in new listings are: Washington, D.C.

Buyers 370

Buyers Marketing New Listings Agents 370

Housing Wire

DECEMBER 30, 2024

There are a few markets in the South where home prices have inched down recently and every bit helps buyers but those prices have not adjusted much, and theres no sign of any major correction in the works. New listings are low As we look deeper into the supply side of the market, there were 32,500 new listings unsold this week.

Housing Market 543

Housing Market Marketing New Listings Inventory 543

Appraisal Buzz

AUGUST 9, 2024

However, there are indications that early in the house-buying process, prospective buyers are starting to show signs of life and that pending sales may shortly rebound. Many of the buyers I’m working with are excited because they’ve been casually house hunting for a year, waiting for rates to come down before they make an offer.

Buyers 370

Buyers Real Estate New Listings Brokerage 370

Housing Wire

JUNE 18, 2024

A slight uptick in new listings has taken some of the pressure off sales prices as buyers have more options to choose from. Redfin data shows that new listings new listings were up 0.3% Despite these increases, new listings are still roughly 20% below pre-pandemic levels.

New Listings 468

New Listings Sellers Buyers Mortgage 468

Housing Wire

FEBRUARY 13, 2025

But these new listings aren’t attracting buyers, and pending home sales dropped 4.2% But new listings are heading in the opposite direction, according to Altos Research data. Tariffs and federal workforce reductions are also troubling many buyers and sellers. month over month in January.

Buyers 315

Buyers Government New Listings Inventory 315

Housing Wire

JANUARY 20, 2025

But if buyers and sellers were compelled to transcribe their inaction, it would read like a sociopaths diary entry: We could have watched you grow up, but your grandpa and me werent willing to give up our 2.875% rate to move closer to you. Buyers and sellers are ready to step away from the spreadsheet and get on with living their lives.

Sellers 370

Sellers Buyers New Listings Finance 370

Housing Wire

NOVEMBER 29, 2023

In the ever-competitive real estate market, creating a consistent flow of real estate buyer leads is strategy for success. But beyond first-timers, we’ll show you how to attract real estate buyers of all kinds through a multi-tiered marketing approach that boosts both your visibility and credibility with potential buyers.

Real Estate 435

Real Estate Buyers Tools Real Estate Agent 435

Appraisal Buzz

SEPTEMBER 5, 2024

With the total number of homes on the market at its greatest point since May 2020 and interest rates about to start declining, buyers will have more options this autumn. In April we noted that rising for-sale inventory was likely to lead to more balance between buyers and sellers. Gains in new listings were observed in July (8.4%).

Sellers 397

Sellers Housing Market Buyers Marketing 397

Housing Wire

APRIL 1, 2024

New listing volume last week was 18% more than a year ago. NAR reported 33% all cash buyers, which is the most since 2014 when buyers were still cleaning up distressed properties. That’s 18% growth over last year when we include the immediate sales that were newly listed and are already in contract. is $439,900.

Inventory 488

Inventory New Listings Contracts Sellers 488

Housing Wire

SEPTEMBER 22, 2023

Adding to buyers’ affordability pain, median home prices rose 3.4% 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% For the four weeks ending Sept. compared to a year ago.

New Listings 482

New Listings Inventory Buyers Mortgage 482

Housing Wire

FEBRUARY 24, 2025

There are obviously fewer buyers who can afford these prices. In 2024, we saw a notable increase in buyer demand when mortgage rates got close to 6%. New listings To get a lot of homes on the market though we need some sellers. There were only 54,000 new listings of single-family homes unsold this week.

Inventory 495

Inventory New Listings Sellers Contracts 495

Housing Wire

NOVEMBER 18, 2024

We already see many signals for what to expect, including last week’s data on inventory , new listings and price reductions, which I analyze below. Mortgage rates continue to move higher and that’s impacting buyers. Last week there were 52,000 new listings for single-family homes unsold.

Housing Market 448

Housing Market New Listings Marketing Inventory 448

Housing Wire

JULY 29, 2024

Our Immediate sales measure of homes that get listed, take offers and go into contract in a few days is also notably lower than last year. On the supply side, new listings are slightly more than a year ago, but pulling back. If fact the “coming soon” pre-listings are now running behind last year by 5%.

Housing Market 458

Housing Market Marketing Inventory New Listings 458

Housing Wire

MARCH 25, 2024

I like to point out that consumers are more sensitive to changes in mortgage rates than to the absolute levels, and since rates are now basically unchanged for the month, just easing down from the early March peak of 7.2%, sellers and buyers are tip-toeing back into the market. In total, new listings data is 14% more than last year.

New Listings 511

New Listings Inventory Contracts Sellers 511

Housing Wire

JULY 13, 2024

The seasonal decline period is starting soon, so we should get accustomed to seeing a decline in new listing data as the year heads toward its end. The seasonal decline period is starting soon, so we should get accustomed to seeing a decline in new listing data as the year heads toward its end.

Mortgage 514

Mortgage New Listings Inventory Contracts 514

Housing Wire

JULY 31, 2024

The brokerage claimed on its second-quarter 2024 earnings call that it’s experiencing virtually no changes in commissions despite the $418 million settlement agreed to by the National Association of Realtors (NAR) following a string of lawsuits related to buyer commission rules. “It 17 saying anything around this,” Reffkin said.

Agents 448

Agents Brokerage New Listings Buyers 448

Housing Wire

APRIL 5, 2024

The number of first-time homebuyers made up 32% of all buyers in 2023, according to a report released by the National Association of Realtors. Millennials comprised 75% of this demographic, with older millennials and Generation X (ages 44 to 58) accounting for 44% and 24% of first-time buyers.

Housing Market 482

Housing Market Marketing Training New Listings 482

Housing Wire

MAY 22, 2024

The other data line that is small but steady year-over-year is the new listings data, and if most sellers are buyers, that gives us more demand than in 2023, when new listings were trending at the lowest levels ever. I love that new listings data is growing yearly, but it’s been too light for me.

Inventory 514

Inventory New Listings Housing Market Contracts 514

Housing Wire

MARCH 3, 2025

But we didnt really see any change in the buyer demand metrics until rates got closer to 6%. New listings New listings also dipped for the second week in a row. Theres probably some weather effects in there, and I expect to see a jump in the new listings volume in next weeks data.

New Listings 374

New Listings Inventory Contracts Sellers 374

Housing Wire

JANUARY 20, 2025

Buyer activity has been dropping for several weeks and there are now fewer homes in contract than a year ago. Both the weekly new contracts and all the homes in the contract pending stage are below last year. Theres signal that the price buyers are paying is declining too. more of those new listings unsold than a year ago.

Mortgage 397

Mortgage Inventory New Listings Contracts 397

Housing Wire

SEPTEMBER 26, 2024

“Healthy markets are ones where buyers and sellers have access to all relevant data for their decisions. When a buyer selects a property page to view, a new climate risk section will appear alongside the listing, which provides them with a separate module for each of the five risk categories. Nationwide, 55.5%

Insurance 468

Insurance New Listings Buyers Tools 468

Housing Wire

JULY 15, 2024

If we look at the housing market right now, sales are down, new listings are down and prices are decelerating. Home prices and new listings dipped too. On the pricing side, last week had the first negative print on year-over-year price for new listings. Is it darkest before the dawn?

Housing Market 497

Housing Market New Listings Marketing Mortgage 497

Housing Wire

SEPTEMBER 3, 2024

But while falling interest rates are putting a floor on demand, there’s still no sign of any rush of buyers. 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.

Inventory 458

Inventory New Listings Contracts Buyers 458

Housing Wire

OCTOBER 31, 2023

At least, that’s what the data seems to suggest as inventory grows and new listings decline at a less aggressive rate than last year. New listings decline isn’t as steep as a year ago There were only 53,000 new listings (single-family homes) unsold this week, plus 10,000 more new listings that are already in contract.

New Listings 511

New Listings Inventory Contracts Housing Market 511

Housing Wire

JANUARY 6, 2025

The New Years week was expected to be slow, so it’s no surprise that new listings and sales are down. The Christmas and New Year’s holidays fell on Wednesdays this year, which messes up two full weeks in terms of getting home sales done and tracking the numbers. Buyer competition led to all kinds of craziness.

Inventory 448

Inventory New Listings Contracts Sellers 448

Housing Wire

SEPTEMBER 25, 2024

New listings healthy There were 70,000 new listings unsold for single-family homes this week. In fact, this is the first time in three years that we’ve had a “normal” number of new listings. There were 70,000 single-family homes listed unsold and another 10,000 immediate sales.

Inventory 468

Inventory New Listings Sellers Contracts 468

Housing Wire

MAY 20, 2024

Both dynamics are elevated this year: more of the homes on the market have taken price cuts and the slope is pretty steep — meaning more homes each week are cutting prices because they don’t have offers from buyers. This makes buyers even more price-sensitive. There were just under 68,000 new listings unsold this week.

Inventory 468

Inventory New Listings Sellers Contracts 468

Housing Wire

JANUARY 22, 2024

Those metrics, specifically the pace of new listings and new sales contracts, slowed this week. Our immediate sales metric of homes that get offers within a couple days of listing also slowed. New listings and new contracts both still show a bit of improvement over 2023, but the growth rates have slid back down.

Real Estate 488

Real Estate New Listings Contracts Inventory 488

Housing Wire

SEPTEMBER 9, 2024

We’re also seeing more home sellers withdrawing their listings to try again next year. In fact, for every two sales, there is another listing withdrawn from the market. Let’s look at how these dynamics will impact home sales , prices, and buyer opportunities for the rest of the year and into the first quarter.

Sellers 482

Sellers Inventory Contracts New Listings 482