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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. That’s 12% more sellers than a year ago. It seems more sellers are coming out every week and that will keep inventory pushing upward. Sellers are up, but sales are down. Home prices could fall.

Sellers 418
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Has home seller growth lost momentum?

Housing Wire

Potential home sellers notice weak demand, fewer offers and price reductions, prompting them to back away from the market. If potential sellers avoid the market, this will keep a lid on supply growth. New listings are hitting the market Last year was an environment with 5% to 10% more sellers each week than a year prior.

Sellers 342
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Weak demand is forcing more home sellers to reduce their asking price

Housing Wire

As inventory builds and, as there are fewer offers from homebuyers , more sellers feel the need to reduce the asking price of the homes for sale. Sellers who dont get an offer may choose to cut their price. There are few offers being made right now, so more sellers are finding the need to reduce their asking price. There are 27.7%

Sellers 407
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New Year Brings New Supply as Seller Activity Shifts

Appraisal Buzz

According to the Realtor.com January Monthly Housing Report, January saw a positive shift in seller activity despite recent hikes in mortgage rates, with the number of newly listed homes increasing 37.5% The number of newly listed houses was 10.8% The number of newly listed houses was 10.8% Active listings +25.3% -25.3%

Sellers 332
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The two big housing market trends to watch in 2025

Housing Wire

However, there are two big trends that stand out as we launch into 2025 affordability and sellers in the market. If we get lucky on economic news and spreads continue to tighten a bit, we could see some alleviation to the affordability vice everyone is now in. These are unsold new listings.

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Home Sellers More Enthusiastic About Listing

Appraisal Buzz

According to a recent Realtor.com survey, some70% of prospective sellers believe that now is a good time to sell, indicating that sellers nationwide are feeling upbeat as we approach this years Best Time to Sell. Some 96% of prospective sellers have taken some action to start getting ready to sell their house.

Sellers 284
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eXp Realty unveils seller disclosure form for delayed listings

Housing Wire

Given this, it should come as no surprise that the company is launching its own seller advisory form in order to comply with NARs new Multiple Listing Options for Sellers (MLOS) policy. The brokerage claims that the form delivers truthful, plain-language disclosure that puts the sellers interests first.

Sellers 271