Housing Wire

JULY 17, 2023

The market was roaring — way too hot — with bidding wars, speculators and investors who thought they couldn’t lose. The median price of the homes in contract is higher than last year and the new sales each week are up a few percent over last year. I’ve been watching the price of the new pending sales each week.

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Housing Wire

JANUARY 19, 2023

Elsewhere, rents have generally been steady, though one contact in upstate New York noted that already high rents have continued to trend up. Philadelphia – Homebuilders continued to report weak demand and a modest decline in contract signings for new homes. Rental vacancy rates, while still quite low, have risen modestly.

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Inventory Housing Market Marketing Construction 448

Will Springer Realtor

FEBRUARY 11, 2025

The rate of homes hitting the market was also about one-third stronger than in January 2024 and, at 2533 new listings, it is the most of any January in four years. That is quite a rebound from late 2024 when only 950 listings hit the market for all home types single-family, townhomes and condos combined.

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Housing Wire

NOVEMBER 29, 2023

Whether it’s with a first-time buyer or seasoned investor, the personal connections you establish with community members (both IRL and online in your extended virtual community) can help you transform a potential real estate lead into a real estate buyer. Canva is perfect for everything from new listings to brand promotion.

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Housing Wire

JULY 8, 2024

If you have any questions about the paperwork or need help during the contract to close period, please save my number and reach out. I’ve been working with a lot of [fill in the blank: first-time buyers, downsizers, investors] recently and am looking for more opportunities like that. Any offers yet? wait for answer} If yes: Great!

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Listing Spark

JANUARY 15, 2024

Real estate investors face a lot of challenges, even in Texas markets that are showing a strong ROI for flips and sales. Many real estate investors who don’t want to pay an agent to represent them deal with even more issues, ranging from lack of access to industry resources to paying for services they don’t really need.

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Listing Spark

JANUARY 22, 2024

In the first quarter of 2023 alone, real estate investors flipped 72,960 homes. For both new and experienced real estate investors, this bodes well for the 2024 market. Investors are thriving by finding properties with a lot of potential as both rentals and flips—and then being able to sell them quickly at the right price.

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Empire Appraisal Group

MARCH 16, 2023

Houses received multiple strong offers soon after a house went on the market, often going under contract within a matter of days. Over time, as more houses closed at higher prices, comps continued to support atypical list prices. Even investors are shying away from the marketplace.

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Sellers Inventory Realtors Clients 78

Appraisal Today

MARCH 8, 2024

From the subtle upturn in existing home sales to the moderated growth of new home sales and the looming shadow of rising mortgage rates, the market’s complexion is changing. Mortgage rates projected to rise further Stronger-than-expected inflation and jobs reports caused investors to scale back expectations for near-term Fed policy easing.

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Appraisal Contracts Real Estate Housing Market 86

Will Springer Realtor

AUGUST 15, 2023

The season has been shaped by slumping new listings, a slowly climbing number of homes sitting on the market from previous months, fewer closed sales compared to last year and prices moving plus/minus five percentage points year-on-year (YoY). monthly decline in available Seattle listings (793). The county saw a 4.9% drop (542).

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Sellers Buyers New Listings Inventory 61

Will Springer Realtor

JUNE 11, 2024

The number of homes going under contract fell from April to May by 13% in Seattle to 876 units and slipped 1.2% In addition, the rate of Seattle homes under contract within 30 days on the market fell from 62% in April to 57% last month; Eastside homes found buyers in four weeks or less 71% of the time in May, down from 74% in April.

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Buyers Inventory Finance Housing Market 61

Will Springer Realtor

AUGUST 13, 2024

The number of buyer-seller contracts in one month tends to be a preview of the next month’s sales figures; deals typically take 4-6 weeks to close after going Pending. The number of new listings fell off the cliff in July, down 23% in Seattle (323 units), off 15% on the Eastside (261) and 14% across the county (770).

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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.

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Will Springer Realtor

DECEMBER 12, 2023

The Eastside led the way with a 33% drop-off in new listings (420) and Seattle fell 31% (586). By comparison, there were exactly 2900 new listings across our county in November 20 years ago. Notably, the Eastside saw a 25% decline in Pending sales (homes under contract) but are still 9.2% higher YoY.

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Housing Market Marketing New Listings Buyers 43

Will Springer Realtor

APRIL 11, 2023

After nearly a year, the housing sector’s contraction is coming to an end,” notes Lawrence Yun, National Association of Realtors® chief economist, speaking about the U.S. Existing-home sales, pending contracts and new-home construction pending contracts have turned the corner and climbed for the past three months.” 

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Housing Market Marketing Buyers Sellers 36

Will Springer Realtor

MAY 14, 2024

Every key data point from the Northwest Multiple Listing Service (MLS) gained ground against the previous month – as often happens with the spring housing season taking stride – including the number of new and active listings, homes going under contract and final sales. Prices rose, too, to near-record highs.

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Listing Spark

OCTOBER 13, 2022

How the housing market affects the rest of the economy How to approach the current housing market as a seller Final advice for buyers in the current housing market Are buyers pulling out of contracts at the last minute? New listings are down 6%, so there are less homes coming onto the market than there were this time last year.

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Listing Spark

FEBRUARY 7, 2024

San Antonio is still significantly more affordable than Austin which makes it a strong market for first time home buyers, investors and builders. Investors should find better market conditions and more opportunities for deals. 2023 Texas Housing Data Austin The Median price for a home in the Austin MSA decreased 10.2%

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Real Estate Sellers Home Value Inventory 36

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. 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. Buyers and sellers tiptoed through caution.

Real Estate 68

Real Estate Buyers Sellers Inventory 68

Will Springer Realtor

JANUARY 9, 2024

The past year witnessed a financial rollercoaster, with interest rates fluctuating between 5.99% and 8.03% for conventional 30-year mortgages, according to Mortgage News Daily. The Fed’s revised lending forecast sparked a celebratory mood among investors, particularly those tracking U.S. Treasurys and mortgage-backed securities.

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Mortgage Real Estate Lending Law 36

Will Springer Realtor

MAY 13, 2024

That’s according to a report from ATTOM Data Solutions, which noted Seattle metro was the second-most active major market (1M+ population) for flipped homes purchased by investors with financing, at 56.1%, behind only San Diego (56.4%). >> With the settlement, a wave of new listings hit the market in the past several weeks.

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HOA Transportation Construction Buyers 36

Will Springer Realtor

JUNE 13, 2023

It’s true, there is a welcome increase in new listings from month to month – up 18% across all home types in King from April and 19% higher for the single-family-home category – but isn’t that what you would expect in the typically busiest periods of the housing season?

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Buyers Inventory Construction Finance 36

Will Springer Realtor

MARCH 14, 2023

The number of new listings of all home types (single-family, townhome and condo) in King County climbed 6.4% (1866 units) from January to February, as expected, and total inventory at the start of March (2064) was 111% higher than a year ago. This, along with higher building costs, will lead to a construction slowdown this year.

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Housing Wire

NOVEMBER 9, 2023

The average days on the market for re-listed expireds is always very low. New-build salespeople These are the salespeople who sit in the builder’s model homes and write up all those new construction contracts. You’ll know who’s looking for what property and which investors are likely to sell.

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Will Springer Realtor

OCTOBER 11, 2022

While investors of mortgaged securities help dictate their interest rates, the Federal Reserve is behind the scenes influencing the overall lending environment. Counties in and near Chicago and New York City were seen as the most vulnerable to today’s economic headwinds. OCTOBER HOUSING UPDATE. 1 were both up about 10% month-to-month.

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Housing Market Marketing Real Estate Buyers 36

Will Springer Realtor

JULY 13, 2023

Moody’s Investors Service noted that banks hold approximately half of the $6T in commercial real estate debt, with the largest share maturing within the next three years, according to Reuters. The county saw the combined number of single-family, townhome and condo listings increase in June by 4.4%

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Construction Supply Chain Real Estate Development 36

Will Springer Realtor

JUNE 9, 2021

More than 90% of builders in May reported shortages of appliances, framing lumber and other wood products: To address rising costs, some 47% of builders surveyed this spring say they are including price-escalation clauses in their sales contracts to avoid a deeper hit on their bottom lines. High demand kept supply depleted. months (from 0.7)

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Housing Wire

OCTOBER 21, 2024

If you’ve been paying attention, you know that the housing supply isn’t just the unsold inventory, it’s also a factor of new listings volume each week. The signal that we watch for in the new listings count is whether there are too many sellers. New listings up There were just over 60,000 new listings unsold this week.

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Sellers Inventory New Listings Contracts 468

Will Springer Realtor

JULY 9, 2021

ATTOM said the gross profit on the typical home flip (the difference between the median sales price and the median price paid by investors) declined in Q1 to $63,500, down from $71,000 in Q4 of last year. Now fully converted, the 34-unit boutique condo on 1st Avenue and Bell Street is accepting contracts for occupancy as early as late summer.

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Buyers Development Transportation Inventory 36

Will Springer Realtor

SEPTEMBER 10, 2024

The most interesting developments came within the single-family-home category: The number of new listings in August fell 7.5% in one month, to 2242 homes, according to data from the Northwest Multiple Listing Service (MLS) – signaling the start of a seasonal slowdown. Sales fell 6.2% (1688) for the month but were a mild 1.9%

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