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

Housing Wire

FEBRUARY 12, 2024

New listings each week, which were record few last year, are growing now. New listings volume climbing I want to start today with the new listings volume, which is notably finally climbing over last year’s anemic levels. There were 66,000 new listings this week, of which 14,000 are already in contract.

Sellers 385

Sellers Housing Market Buyers New Listings 385

Housing Wire

JULY 22, 2024

will be significant enough move in rates to move the needle for buyers. New listings rise This week saw 69,000 new single family listings unsold. There were another 15,000 new listings that are already in contract, which is very low for immediate sales recently. Freddie Mac reported rates at 6.8%.

Buyers 442

Buyers Inventory New Listings Sellers 442

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 424

Buyers Mortgage New Listings Real Estate 424

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

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 426

Housing Market Buyers Agents Marketing 426

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 410

Buyers Marketing Inventory Investors 410

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

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

DECEMBER 28, 2024

During the first few years of COVID-19 recovery, there was an unhealthy imbalance, with too many buyers competing for too few homes. The peak New listings came in a bit over 75,000 weekly. When we have a standard market year, for example, between2013 to 2019, peak monthly new listings reached between 80,000 and 110,000.

Inventory 506

Inventory Housing Market Marketing New Listings 506

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

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 285

Sellers Buyers New Listings Finance 285

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 487

Inventory New Listings Contracts Sellers 487

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 393

Real Estate Buyers Tools Real Estate Agent 393

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 404

New Listings Sellers Buyers Mortgage 404

Inman

JANUARY 3, 2025

New listings rose 8 percent toward the end of the year, but high mortgage rates and home prices have kept buyers on the sidelines as homes spend more time on market, reports say.

New Listings 160

New Listings Buyers Mortgage Marketing 160

Housing Wire

MARCH 11, 2024

New listings To watch whether supply and demand might get out of balance with higher mortgage rates, keep an eye on the new listings volume this spring, not just the total inventory. There were 59,000 new listings unsold this week. Last year there was still a lot more buyer momentum than sellers.

Inventory 513

Inventory Sellers New Listings Real Estate 513

Housing Wire

JULY 28, 2023

New listings of starter homes dropped 23% from a year earlier in June, the biggest drop since the start of the pandemic, the report found. Austin buyers must earn $92,000, down 3.3% year over year, and Phoenix buyers must earn $86,100, down about 1%. In June, the typical starter home sold for a record $243,000, up 2.1%

Buyers 369

Buyers Housing Market Investors Real Estate 369

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 442

Housing Market New Listings Marketing Inventory 442

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 496

New Listings Inventory Contracts Sellers 496

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 499

Mortgage New Listings Inventory Contracts 499

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 452

New Listings Inventory Buyers Mortgage 452

Housing Wire

FEBRUARY 26, 2024

On the demand side, buyers are wary of purchasing a condo since it has become less affordable. In Jacksonville, the median condo price declined roughly 7% year over year in January, sales declined 27% and new listings increased 32%. It’s causing buyers to rethink their plans.”

HOA 482

HOA Law Insurance New Listings 482

Housing Wire

JANUARY 4, 2025

5): Inventory fell from 513,240 to 499,143 The all-time inventory bottom was in 2022 at 240,497 The inventory peak for 2024 was 739,434 For some context, active listings for the same week in 2015 were 959,028 New listings I am very excited about the new listings data this year. Weekly inventory change (Dec.

New Listings 492

New Listings Inventory Contracts Mortgage 492

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 486

Housing Market New Listings Marketing Mortgage 486

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 384

Inventory New Listings Contracts Sellers 384

Housing Wire

FEBRUARY 5, 2024

This is not a recipe to keep the home buyer momentum we saw building in December. Remember that the way to more selection for home buyers is with higher mortgage rates. Spring buyers’ market It’s the spring buyers market and inventory is falling each week. There are more buyers than sellers. A few years.

Mortgage 438

Mortgage Inventory Sellers New Listings 438

Appraisal Buzz

AUGUST 26, 2024

Since they are less likely to have a sizable down payment, first-time buyers, who account for a sizable share of the starter-home market, are more susceptible to rate reductions. We are seeing a lot of younger buyers looking at smaller starter homes. increase in new listings, the number of starter houses on the market surged 18.9%

New Listings 444

New Listings Bracketing Inventory Buyers 444

Housing Wire

SEPTEMBER 13, 2022

Typically we have a natural set of new listings each year; inventory rises in the spring and summer and then falls in the fall and winter. It wasn’t the rate move that caught my attention — it was the new listing data. As you can see below, that sharp move to 6.25% caused new listing data to stall at first.

Mortgage 521

Mortgage Inventory New Listings Sellers 521

Housing Wire

JANUARY 12, 2023

In December, we saw both buyers and sellers pulling back as they continue to adjust to a challenging market,” Danielle Hale, Realtor.com’s chief economist, said in a statement. Buyers started 2022 facing high home prices and limited inventories and ended the year with interest rates roughly double where they started.”.

Inventory 521

Inventory New Listings Buyers Sellers 521

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 465

Sellers Inventory Contracts New Listings 465

Housing Wire

DECEMBER 2, 2021

During the four week period ending November 28, the number of active listings was a 23% decrease compared to the same time period in 2020 and a 42% drop compared to 2019. The number of new listings was also down compared to 2020, dropping 4%, but it was 12% higher than the number of new listing during the same time period in 2019.

Inventory 516

Inventory New Listings Contracts Housing Market 516

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 483

New Listings Inventory Contracts Housing Market 483

Housing Wire

MAY 28, 2024

New listings climbed during the past week and there are now 72,000 more single-family homes on the market. It appeared that new listings might be on the decline already, but the pace picked up a tad this week, which is encouraging. No one wants a scenario in which there’s a flood of sellers but no buyers.

Inventory 515

Inventory New Listings Contracts Sellers 515

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 464

Inventory New Listings Housing Market Contracts 464