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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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Median home prices, new listings move higher in Florida

Housing Wire

The hope is that a potential cooling of interest rates will contribute to a stronger market in 2024, according to Florida Realtors President Gia Arvin, a broker-owner with Matchmaker Realty in Gainesville. “New listings of single-family homes were up 16.7% ” Closed sales of single-family homes grew 0.6%

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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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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. It is very busy.

Insurance 448
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When it comes to home sales, August is the new May, keeping agents busy into the fall

Housing Wire

As new contract signings are outpacing new listings due to low inventory, properties sold typically within 26 days in the four weeks leading up to August 2, NAR said. Since homebuying season was pushed back from this spring, realtor.com ’s Housing Market Recovery Index reported that August is the new May.

Agents 544
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“It seems impossible:” Bergen County, NJ’s housing market is vexing agents and buyers

Housing Wire

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 Even if we get more listings, it is not going to be enough for people.

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No seasonal slowdown this year as real estate agents report a busier-than-usual fall

Housing Wire

“There’s a lot of homeschooling going on in this hybrid world, and it’s difficult,” Realtor Vesna Kanacki with Century 21 Full Service Realty in New City, New York, told HousingWire. There were nine new pending contracts for every 10 new listings, a slower rate than the 9.9