Remove Definition Remove Inventory Remove New Listings
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More home sellers but fewer home sales

Housing Wire

There were 45,000 new listings for single-family homes across the country this week, which is a big jump. It seems more sellers are coming out every week and that will keep inventory pushing upward. First thing to note is that California has very restricted inventory. That’s 12% more sellers than a year ago.

Sellers 418
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Midwest, Northeast housing markets stay hot amid national cooldown

Housing Wire

Rich Bradford, broker associate with The Bradford Team at RE/MAX One Realty in Haddonfield, New Jersey, said the results for his local market could be even better if so many potential sellers werent locked in by low mortgage rates. Inventory is down for us about 33% compared to this time last year. Its just the way it is.

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Cincinnati’s housing market in a word? Unpredictable

Housing Wire

According to data from Altos Research, for-sale inventory has risen from 1,864 on a 90-day rolling basis in May to 3,019 today. A substantial drop in new listings is a contributing factor. 1, weekly new listings were at 410 but have since dropped to 186, although new listings tend to drop in December as the holidays approach.

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Inventory growth slows even with higher rates

Housing Wire

Unfortunately, those higher mortgage rates didn’t spur inventory growth this week, so we didn’t even get the benefit we would usually see when rates rise. Not only has that not happened, but in the last two weeks, with mortgage rates pushing even higher, active inventory only grew by 2,286 single-family homes.

Inventory 508
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What will happen to home prices with more inventory?

Housing Wire

With the Easter holiday last week, data for housing inventory , new listings and the pace of new contracts started all took a breather from their growth pace. Here’s how 2024 is shaping up: There are now more listings, more active inventory and more sales than a year ago. That’s down 8.5%

Inventory 493
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Is housing inventory growth finally slowing?

Housing Wire

Unsold inventory of homes for sale has been on the rise all year. It hasn’t turned the corner yet — inventory rose across the country this week — but at less than 1% rate. There are some signs that inventory growth is slowing with newly lower mortgage rates and the end of the summer. Texas inventory grew by 1.5%

Inventory 437
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Rising insurance costs, ample inventory create a unique market in Southwest Florida

Housing Wire

Unlike many other metropolitan areas across the country , the housing market in Southwest Florida is comparably flush with for-sale inventory. “I We are seeing a healthy increase in inventory, which we really needed.” Smith attributes the uptick in inventory to a bump in new listings.

Insurance 448