Twin Cities housing market may be rebalancing as listings increase for first time since March 2020
Twin Cities housing market may be rebalancing as listings increase for first time since March 2020
Even with more inventory, median prices still soared to a record $375,000 in May, up 9% from the same time last year.
You can contact us to get more choices
0
You can contact us to get more choices
Related posts
Even with more inventory, median prices still soared to a record $375,000 in May, up 9% from the same time last year.
Even with more inventory, median prices still soared to a record $375,000 in May, up 9% from the same time last year.
With home sales slowing and mortgage rates rising, home sellers are starting to worry that the red hot housing market is over.
With home sales slowing and mortgage rates rising, home sellers are starting to worry that the red hot housing market is over.
Of all listings in the Denver metro area that closed in March, 58% used the coming soon status.
Of all listings in the Denver metro area that closed in March, 58% used the coming soon status.
This is the last post in today's data catch-up marathon. I'll also update a few more of the spreadsheets for members, and if the NWMLS posts their June data today I'll try to get that up as well.
For now, let's have a look at our "early" view on June stats.
In summary: Listings are still up from a year ago, but not by as much as they have been. Sales are down, but only just a bit.
The post Stats Preview: Sales dipped in June as listings increase shrank further appeared first on Seattle Bubble.
This is the last post in today's data catch-up marathon. I'll also update a few more of the spreadsheets for members, and if the NWMLS posts their June data today I'll try to get that up as well.
For now, let's have a look at our "early" view on June stats.
In summary: Listings are still up from a year ago, but not by as much as they have been. Sales are down, but only just a bit.
The post Stats Preview: Sales dipped in June as listings increase shrank further appeared first on Seattle Bubble.
Prepared exclusively for HW Media Clients.
The post May: Market Update for Housing Marketers appeared first on HousingWire.
Prepared exclusively for HW Media Clients.
The post May: Market Update for Housing Marketers appeared first on HousingWire.
By Mickey ALAM KHAN The market for luxury properties is clearly slowing.ย For properties under $5 million, higher mortgage rates may hurt first-time or even repeat buyers.ย For those homes valued at $5 million and up, the all-cash nature of the transaction may soften the landing to some extent, albeit with an extended time on market for most properties. But it is obvious that the first movers snapped up the best properties in the past couple of years. Will this slowdown free up more inventory?...
By Mickey ALAM KHAN The market for luxury properties is clearly slowing.ย For properties under $5 million, higher mortgage rates may hurt first-time or even repeat buyers.ย For those homes valued at $5 million and up, the all-cash nature of the transaction may soften the landing to some extent, albeit with an extended time on market for most properties. But it is obvious that the first movers snapped up the best properties in the past couple of years. Will this slowdown free up more inventory?...
By Paige Brown In the latest RISMedia webinarโโHow to Increase Listings in a Low-Inventory Marketโโpanelists Ron Howard, associate broker and team leader of RE/MAX Advantage Realty and senior coach at Workman Success Systems; Denise Klein, team owner and success coach at eXp Realty - The Klein Team NV and senior coach at Workman Success Systems; [โฆ]
The post Webinar Recap: How to Increase Listings in a Low-Inventory Market appeared first on RISMedia\'s Housecall.
By Paige Brown In the latest RISMedia webinarโโHow to Increase Listings in a Low-Inventory Marketโโpanelists Ron Howard, associate broker and team leader of RE/MAX Advantage Realty and senior coach at Workman Success Systems; Denise Klein, team owner and success coach at eXp Realty - The Klein Team NV and senior coach at Workman Success Systems; [โฆ]
The post Webinar Recap: How to Increase Listings in a Low-Inventory Market appeared first on RISMedia\'s Housecall.
The economy is shrinking. Inflation is soaring, and the stock market is losing value. Searches for โIs the U.S. officially in a recession?โ are now trending on Google. If the nation isnโt already in a recession, it might well be on the precipice of one. And itโs left those with PTSD from the Great Recession of the late aughts wondering if another downturn could sink the hot housing market as well. The last time around, housing was largely to blame for the most prolonged, financial bloodb...
The economy is shrinking. Inflation is soaring, and the stock market is losing value. Searches for โIs the U.S. officially in a recession?โ are now trending on Google. If the nation isnโt already in a recession, it might well be on the precipice of one. And itโs left those with PTSD from the Great Recession of the late aughts wondering if another downturn could sink the hot housing market as well. The last time around, housing was largely to blame for the most prolonged, financial bloodb...
A historic housing shortage brought on by the one-two punch of slow construction and strong pandemic-induced demand is finally starting to ease. Active listings for homes jumped 19% in June, the fastest annual pace since Realtor.com began tracking the metric five years ago. And the number of new listings during the month finally surpassed typical pre-Covid levels, up 4.5% from a year ago. Overall inventory, however, is still about half pre-Covid levels. Some markets that saw the biggest surges i...
A historic housing shortage brought on by the one-two punch of slow construction and strong pandemic-induced demand is finally starting to ease. Active listings for homes jumped 19% in June, the fastest annual pace since Realtor.com began tracking the metric five years ago. And the number of new listings during the month finally surpassed typical pre-Covid levels, up 4.5% from a year ago. Overall inventory, however, is still about half pre-Covid levels. Some markets that saw the biggest surges i...
The 63-acre tract would be designated for townhome and medium commercial use if efforts to rezone the land passed. Whether that will happen is a bit cloudy due some disagreement among city decision makers. This article looks at the proposal, plus some of the other big changes happening to the little suburb of Manor.
The 63-acre tract would be designated for townhome and medium commercial use if efforts to rezone the land passed. Whether that will happen is a bit cloudy due some disagreement among city decision makers. This article looks at the proposal, plus some of the other big changes happening to the little suburb of Manor.