Friday, July 11, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms & Conditions
Homebuyer Weekly
  • Home
  • Market Trends
  • First-Time Home Buyers
  • New Jersey
  • Home Improvement & DIY
  • Celebrity Real Estate
  • Pennsylvania
  • 1711255093.68
  • xtw1838700c8
  • 1711306114.57
  • xtw18387ce61
  • 1711321087.72
  • xtw183879878
  • 1711374231.42
  • xtw18387e37f
  • 1711532246.13
  • xtw18387e93c
  • 1711646519.74
  • xtw18387af29
  • 1711725485.37
  • xtw18387c8cf
  • 1711884154.38
  • xtw183873cf0
  • 1711963195.56
  • xtw1838791bf
  • 1712068981.57
  • xtw183871ae6
  • 1712142663.36
  • xtw18387e71a
  • 1712269423.68
  • xtw1838712d3
  • 1712410628.88
  • xtw183877943
  • 1712477040.05
  • xtw18387ac94
  • 1713123326.19
  • xtw18387a15c
  • 1713177143.57
  • xtw183871f8d
  • 1713230925.41
  • xtw183873149
  • 1713471588.74
  • xtw18387aa34
  • 1713789514.54
  • xtw18387a9aa
  • 1713928848.54
  • xtw183875de0
  • 1713975463.74
  • xtw183871f16
  • 1714022498.01
  • xtw183873e32
  • 1714115617.81
  • xtw183873e29
  • 1714161507.61
  • xtw18387c632
  • 1714388862.3
  • xtw18387fb84
  • 1714435034.7
  • xtw183874746
  • 1714513661.4
  • xtw18387c3ec
  • 1714551221.33
  • xtw183870422
  • 1714625167.3
  • xtw1838729e8
  • 1714774405.99
  • xtw18387ca78
  • 1714811634.83
  • xtw18387e812
No Result
View All Result
  • Home
  • Market Trends
  • First-Time Home Buyers
  • New Jersey
  • Home Improvement & DIY
  • Celebrity Real Estate
  • Pennsylvania
  • 1711255093.68
  • xtw1838700c8
  • 1711306114.57
  • xtw18387ce61
  • 1711321087.72
  • xtw183879878
  • 1711374231.42
  • xtw18387e37f
  • 1711532246.13
  • xtw18387e93c
  • 1711646519.74
  • xtw18387af29
  • 1711725485.37
  • xtw18387c8cf
  • 1711884154.38
  • xtw183873cf0
  • 1711963195.56
  • xtw1838791bf
  • 1712068981.57
  • xtw183871ae6
  • 1712142663.36
  • xtw18387e71a
  • 1712269423.68
  • xtw1838712d3
  • 1712410628.88
  • xtw183877943
  • 1712477040.05
  • xtw18387ac94
  • 1713123326.19
  • xtw18387a15c
  • 1713177143.57
  • xtw183871f8d
  • 1713230925.41
  • xtw183873149
  • 1713471588.74
  • xtw18387aa34
  • 1713789514.54
  • xtw18387a9aa
  • 1713928848.54
  • xtw183875de0
  • 1713975463.74
  • xtw183871f16
  • 1714022498.01
  • xtw183873e32
  • 1714115617.81
  • xtw183873e29
  • 1714161507.61
  • xtw18387c632
  • 1714388862.3
  • xtw18387fb84
  • 1714435034.7
  • xtw183874746
  • 1714513661.4
  • xtw18387c3ec
  • 1714551221.33
  • xtw183870422
  • 1714625167.3
  • xtw1838729e8
  • 1714774405.99
  • xtw18387ca78
  • 1714811634.83
  • xtw18387e812
Homebuyer Weekly
No Result
View All Result

Low Inventory, Higher Buyer Confidence Leads To Market Strength

hbwadmin by hbwadmin
March 14, 2023
in Celebrity Real Estate
0
Low Inventory, Higher Buyer Confidence Leads To Market Strength

[ad_1]

You might also like

Who is Chanel West Coast dating? All about Dom Fenison life

Victoria Chlebowski’s biography: who is Michael Imperioli’s wife?

Jim Carrey’s LA Home Just Got Cheaper But It Still Costs More Than You’ll Make In Your Life

Why Should You Revisit Selling Your Home Now?

If you’ve been waiting to sell your home in San Francisco due to a bleak outlook, I would highly recommend revisiting your thought process. GOOD or even mildly decent single family home inventory is in short supply and there are a lot of buyers out there that are looking for a house at a fair price. Don’t wait for all the sellers to jump in at once. Take advantage of this unique opportunity where home buyers are more optimistic and motivated than they have been since last spring and there is nothing for them to buy.

In my last newsletter, I mentioned that I was JUST seeing signs of the market heating up and I wasn’t sure that would continue. Fast forward 30 days and single family home market still seems strong.

What’s making it strong?

1. Increased buyer confidence. Buyers have moved from being paralyzed and waiting for the bottom to a clear understanding that more than likely the bottom has come and gone.

2. Low inventory. Many sellers have rates below 4%, and in some cases below 3%, on their homes and many of them are waiting to sell, which is creating a supply issue. This is putting upward pressure on prices.

Foe more of my market insights watch and listen to my latest market update for more details and scroll down to see charts and market data.

 

 

2023 Market Indicators Turn Positive (But Interest Rates Climb Again)

After the acute decline in market activity occurring in the 2nd half of 2022, buyer demand rebounded dramatically and most market indicators turned positive in early 2023: Open house traffic, number of offers, and overbidding and absorption rates all saw substantial improvement.*

It is too early for significant effects to show up in home prices: Indeed, through February, 3-month-rolling median house sales prices saw year-over-year declines across all Bay Area counties. (These percentage declines should be regarded cautiously until substantiated over the longer term.) Even with the striking improvement in demand over late 2022, most year-over-year indicators remain depressed, but these comparisons are with the severely overheated conditions prevailing at the peak of a 10-year housing market upcycle. The market was still just waking up in February. March through May is typically the most active listing and sales period of the year, and should soon provide much more data on supply, demand and price trends. Over the last 3 years, spring markets were deeply affected, in very different and often surprising ways, by the onset of the pandemic (2020), the pandemic boom (2021), and soaring interest rates (2022).

As has been the case for the last 14 months, the biggest wildcard remains interest rates: After dropping considerably in January from a November peak, they climbed again in February, with big impacts on loan application rates. It has been very challenging to predict short-term interest rate changes. Another major factor is the substantial decrease in the number of new listings coming on market over the last year, a critical issue with wide ramifications if it continues.

*Sales in one month generally reflect deal-making in the previous month, and often pertain to listings that have already been on the market for months longer. Many real estate statistics are lagging indicators, and even dramatic
shifts in demand may show up only very gradually in their readings.

 

 



[ad_2]

Source_link

Tags: BuyerConfidenceHigherInventoryLeadsMarketStrength
hbwadmin

hbwadmin

Next Post
Weekend Reading 3.12.23 | Centsational Style

Weekend Reading 3.12.23 | Centsational Style

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • ! Без рубрики
  • 1
  • 2
  • 4
  • blog
  • Celebrity Real Estate
  • Fairspin-casino
  • First-Time Home Buyers
  • Home Improvement & DIY
  • Market Trends
  • new
  • New Jersey
  • News
  • Pennsylvania
  • Post
  • Uncategorized

Categories

  • ! Без рубрики
  • 1
  • 2
  • 4
  • blog
  • Celebrity Real Estate
  • Fairspin-casino
  • First-Time Home Buyers
  • Home Improvement & DIY
  • Market Trends
  • new
  • New Jersey
  • News
  • Pennsylvania
  • Post
  • Uncategorized

Recent Post

  • Madison Peacock, Position Functions Movie director from 50 no deposit spins montezuma the 777playslots com
  • Better Us Gambling enterprises 2025 Best Online casinos for all of us Players
  • PokerStars spin party slot free spins Casino Opinion Deposit £ten & Get 250 100 percent free Spins
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms & Conditions

Copyright © 2023 www.homebuyerweekly.com | All Rights Reserved.

No Result
View All Result
  • Home
  • Market Trends
  • First-Time Home Buyers
  • New Jersey
  • Home Improvement & DIY
  • Celebrity Real Estate
  • Pennsylvania
  • 1711255093.68
  • xtw1838700c8
  • 1711306114.57
  • xtw18387ce61
  • 1711321087.72
  • xtw183879878
  • 1711374231.42
  • xtw18387e37f
  • 1711532246.13
  • xtw18387e93c
  • 1711646519.74
  • xtw18387af29
  • 1711725485.37
  • xtw18387c8cf
  • 1711884154.38
  • xtw183873cf0
  • 1711963195.56
  • xtw1838791bf
  • 1712068981.57
  • xtw183871ae6
  • 1712142663.36
  • xtw18387e71a
  • 1712269423.68
  • xtw1838712d3
  • 1712410628.88
  • xtw183877943
  • 1712477040.05
  • xtw18387ac94
  • 1713123326.19
  • xtw18387a15c
  • 1713177143.57
  • xtw183871f8d
  • 1713230925.41
  • xtw183873149
  • 1713471588.74
  • xtw18387aa34
  • 1713789514.54
  • xtw18387a9aa
  • 1713928848.54
  • xtw183875de0
  • 1713975463.74
  • xtw183871f16
  • 1714022498.01
  • xtw183873e32
  • 1714115617.81
  • xtw183873e29
  • 1714161507.61
  • xtw18387c632
  • 1714388862.3
  • xtw18387fb84
  • 1714435034.7
  • xtw183874746
  • 1714513661.4
  • xtw18387c3ec
  • 1714551221.33
  • xtw183870422
  • 1714625167.3
  • xtw1838729e8
  • 1714774405.99
  • xtw18387ca78
  • 1714811634.83
  • xtw18387e812

Copyright © 2023 www.homebuyerweekly.com | All Rights Reserved.