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2025 could be the last year of inventory shortage

Housing Wire

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. There were another 10,000 new listings immediate sales which makes 64,000 homesellers. Unsold new listings amount to 4.8%

Inventory 489
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Will 2025 finally be a “normal” housing market?

Housing Wire

Supply growth could also come from more sellers, such as investors or distressed borrowers unloading. However, in most of the country, we have no growth from the seller side. In Florida and Texas, we see the rising costs of insurance , taxes and climate risk driving some sellers. Sellers are growing by 5% to 10% per week.

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Home sellers are returning to the market

Housing Wire

The weekly volume of new listings is now higher than at anytime last year. It’s still April, so there could be as many as eight more weeks of seller growth in the spring housing market. And seller growth is happening pretty much everywhere across the country, with Florida and Texas leading the way. orate further?

Sellers 508
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Rising insurance costs, ample inventory create a unique market in Southwest Florida

Housing Wire

In the nearby metro area of Cape Coral-Fort Myers , active single-family inventory over the previous 90 days averaged 6,500 listings as of March 15, above its March 2020 level of 5,044 listings and approaching its March 2019 level of 7,243 listings. Smith attributes the uptick in inventory to a bump in new listings.

Insurance 448
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Inventory growth is slowing. Are sellers backing off?

Housing Wire

Sellers can just wait it out, and it looks like the U.S. I think it’s worth examining if sellers will indeed just wait it out now. New listings unchanged You can see the continuation of that theme with the new listings volume each week. There were 72,000 new single-family listings unsold this week.

Inventory 455
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Sellers Slash List Prices as Buyers Face Record High Home Costs

Appraisal Buzz

Sales are sluggish because high homebuying costs are making both house hunters and prospective sellers skittish. Even though homes are selling for higher prices than ever before, many sellers are still having to drop their list prices after putting their properties on the market—one positive sign for potential homebuyers.

Sellers 435
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Zillow teams with First Street to provide homebuyers with climate risk data

Housing Wire

Zillow is partnering with First Street to provide users with data on a property’s risk levels for flood , wildfire , wind, heat and air quality through risk scores, interactive maps and insights into insurance requirements. “Healthy markets are ones where buyers and sellers have access to all relevant data for their decisions.

Insurance 468