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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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Cincinnati’s housing market in a word? Unpredictable

Housing Wire

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. Altos considers anything above 30 to be indicative of a seller’s market.

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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. Our new listings have gone up slightly but not enough to keep up with demand.

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Tampa housing market comes to a halt as Hurricane Milton looms

Housing Wire

Data from Altos Research shows that new listings and pending home sales have fallen off a cliff since the storm’s formation. New listings in Tampa were at 775 on Sept. Tampa-area agent Jeff Borham of eXp Realty said that protocols for insurance are having an impact. 27, but they’ve since dropped to 555.

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

Housing Wire

70 towns, 90 new listings Local agents say the county’s tight inventory situation is largely to blame. “We We have been complaining about the lack of inventory for as long as I can remember, but then we at least had more listings,” Danny Yoon , an Edgewater, New Jersey-based Sotheby’s International Realty agent, said. “I

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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.

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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