Remove New Listings Remove Realty Remove Sellers
article thumbnail

Cincinnati’s housing market in a word? Unpredictable

Housing Wire

Its a symptom of a market thats transitioning away from sellers. 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.

article thumbnail

Median home prices, new listings move higher in Florida

Housing Wire

“Mortgage interest rates above 6% continued to impact potential homebuyers’ purchase power, while also contributing to a lock-in effect among would-be home sellers who bought their homes years ago with a mortgage rate of 3% to 4.5%,” the association explained in an announcement. “New listings of single-family homes were up 16.7%

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Midwest, Northeast housing markets stay hot amid national cooldown

Housing Wire

“Looking at markets by hotness tells us the strength of demand versus supply in each area relative to others and which markets heavily favor sellers.” Our new listings have gone up slightly but not enough to keep up with demand. ” The report found that affordability remains a major driver of demand.

article thumbnail

Is the DOJ really the CCP boogeyman for Realtors?

Housing Wire

At the time of issuing its second CID, the DOJ stated that it believed that the policy restricts home-seller choices and precludes competition from new listing services. Miller believes that agents who push sellers to use private listing networks are not doing their fiduciary duty.

Realtors 243
article thumbnail

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

Housing Wire

Altos considers any score above 30 to be a seller’s market. 70 towns, 90 new listings Local agents say the county’s tight inventory situation is largely to blame. “We I was able to bring my clients to multiple listings for their consideration, but now I can only show them one or two in a given week.

article thumbnail

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
article thumbnail

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