Marco Santarelli

MAY 14, 2025

Supply and Demand Imbalances: Sometimes, a rush of new construction (perhaps during a boom period) can lead to an oversupply of homes if demand doesn't keep pace. In smaller markets, it doesn't take a huge number of excess homes to tip the scales. Days on Market: How long are homes taking to sell?

Marketing

Marco Santarelli

JUNE 13, 2025

Mortgage Rate Anxiety: Remember those super-low mortgage rates we got used to? The fact that mortgage rates are significantly higher than rates from just a few years ago has a big impact on what people can afford. A lot of it has to do with new construction. Local Market Conditions: Real estate is hyper-local.

Marketing

BAM Media

APRIL 14, 2025

Stock values have been on a rollercoaster, with the S&P and DJIA falling since the Liberation Day tariff announcement on April 2ndthen swiftly regaining ground with the 90-day pause announced on April 8th (for everyone but China), only to take another dip the following day. Time on market. an attractive market.

Marketing

Housing Wire

APRIL 4, 2025

But these same slower economic conditions have also caused mortgage rates to hit some of their lowest levels of the year. The tariff announcements sent mortgage rates lower but those lower rates may be cold comfort to prospective buyers who are increasingly worried about job security and inflation, Sturtevant said.

Agents

Marco Santarelli

JULY 2, 2025

Having been at the heart of the 2008 subprime mortgage crisis, could history be repeating itself? Will the Cape Coral Housing Market Repeat the Crash of 2008? I remember watching the news in 2008, seeing the stories of families losing their homes. Speculators walked away from their mortgages, leading to a wave of foreclosures.

Marketing

Marco Santarelli

MAY 13, 2025

Supply and Demand Imbalances: Sometimes, a rush of new construction (perhaps during a boom period) can lead to an oversupply of homes if demand doesn't keep pace. In smaller markets, it doesn't take a huge number of excess homes to tip the scales. Days on Market: How long are homes taking to sell?

Marketing

Marco Santarelli

AUGUST 5, 2025

The short answer, looking at current trends and expert projections, is that while we may see more balance in the market soon, a deeply advantageous buyer's market nationally isn't likely to arrive before late 2025 or even into 2026. Will It Be a Buyer's Housing Market in 2025 or 2026? Mortgage Rate Decline?:

Marketing

Marco Santarelli

FEBRUARY 13, 2025

Days on Market: A speedy 46 days , much faster than the national median of 73 days. Regional Trends: Northeast and Midwest Dominate For 16 months straight, the Northeast and Midwest have held the most spots on the Hottest Housing Markets list.

Marketing

Marco Santarelli

JULY 7, 2025

Cape Coral, Florida, experienced a severe housing market crash as part of the 2008 Subprime Mortgage Crisis and subsequent Great Recession. New construction was everywhere. The subprime mortgage crisis hit, and Cape Coral, sadly, became known as “ground zero” for the housing market collapse.

Marketing

Marco Santarelli

JULY 4, 2025

Subprime Lending Gone Wild: Banks handed out mortgages like candy without enough due diligence. Greed and Ignorance: Financial incentives drove reckless behavior at all levels, from mortgage brokers to Wall Street executives. Many were naive. People were offered money at every turn. Redfin Homes Sold 608 Down 5.7%

Marketing

Housing Wire

JUNE 6, 2023

All 12 Federal Reserve districts have seen issues with a lack of housing inventory , which is largely due to existing homeowners holding back on listing their homes after previously locking in low mortgage rates. A strong economy and relatively high mortgage rates have pushed some movers to the rental market, boosting demand.

Residential

Housing Wire

JANUARY 23, 2024

home sales in nearly 30 years as high mortgage rates frustrate buyers, the market is reshaping real estate once again, placing buyers on the back foot and swinging the pendulum back to favoring sellers. The changing tides Previously, buyers were able to look for over a month, as average days on market continued to climb.

Agents

Housing Wire

AUGUST 14, 2023

mortgages to take on a 6% mortgage, so I have been telling my agents to get used to these numbers for a while.” Homes with a median list price closer to $300,000 have a median days on market of 35 days, while those with a median price of $453,150 are typically on the market for 133 days.

Marketing

HomeLight

MAY 23, 2024

General financial prosperity: A strong economy boosts consumer confidence and spending, including in the housing market. Low interest rates: Lower borrowing costs make mortgages more affordable, increasing homebuying activity. Excessive mortgage debt: Higher levels of debt among homeowners increase financial risk.

Equity

Realtor.com

DECEMBER 1, 2022

But this week’s data is a signal that single-digit home price growth may not be seen before the new year.” Mortgage rates. But will these lower mortgage payments spur any buyers to make an offer? Some are looking to new construction to find the types of home features missing on the dusty listing pages.

Mortgages

Redfin

DECEMBER 27, 2023

18 housing trends that defined the year, including record mortgage rates, depleted inventory, and dwindling home sales 2023 was a difficult year for the housing market. In short: Record mortgage rates, high inflation, and persistently high housing and rental prices. Seasonal trends buckled. So what happened? a Redfin company.

Marketing

Zillow Market Reports

APRIL 12, 2024

All five comprise the most expensive markets among the 50 largest in the U.S. It’s not a coincidence that these five metros are also where the highest share of homeowners are likely locked into their mortgage rate. New construction is providing a pressure-relief valve in these metros, giving move-up buyers a place to go.

Marketing

Redfin

DECEMBER 29, 2022

17 housing trends that defined the year, including record home prices and sky-high mortgage rates. The 2022 housing market was nothing short of remarkable. For the first time in history, mortgage rates doubled in the span of just one year. Mortgage rates ballooned to nearly 7% in response to record inflation.

Marketing

BAM Media

NOVEMBER 22, 2024

BAM Key Details: Zillow’s October Market Report reveals a shift toward a buyer’s market in 13 major metros, including Pittsburgh, Louisville, and Atlanta, driven by inventory recovery and reduced competition. metros are gaining leverage as supply growth impacts home prices and days on market.

Marketing

Marco Santarelli

JUNE 15, 2024

They anticipate demographics, particularly a healthy labor market with a growing population, to keep demand for homes robust. Additionally, they believe existing supply constraints will persist, with new construction failing to keep pace with buyer interest. Dive deep into your local market.

Marketing

McKissock

NOVEMBER 20, 2020

. “One way to gain a better understanding of market reaction,” she advises, “is through completing relocation appraisals in which an appraiser closely monitors days on market, current active competition, withdrawn and expired listings, and overall real estate trends and heavily focuses on a home’s marketability.”

Residential

Marco Santarelli

AUGUST 2, 2020

Home sales in the NYC housing market were down 46 percent from last year's June. Median Days on Market were 84 which was 6 days faster than last year. New listings increased by 24% year-over-year. With the phased opening of the economy, buyers have been quicker to return to the housing market. months to 5.4.

Marketing

HomeLight

MARCH 21, 2023

In addition, Leonard points out that builders can be incentivized to negotiate to clear new construction inventory at the end of the year, offering deals in December that are no longer available in January. It’s important to point out that days on market in 2022 were fewer in Q1, so, while inventory is down, buyers are still hungry.

Agents

Marco Santarelli

SEPTEMBER 5, 2020

Even after suffering from the pandemic, the Phoenix housing market 2020 still comes out on top. As we saw Arizona real estate market thriving & becoming sizzling hot in the past couple of years, even the rise in mortgage rates was believed not to affect it. The average new list prices are up +15.7% year-over-year.

Marketing

Marco Santarelli

AUGUST 27, 2020

As more and more buyers enter the market the prices are going to increase due to tight supply. . For buyers, the inventory is relatively increasing and mortgage rates are lowest ever , so they should take advantage of scooping up their favorite deals which otherwise are taken away by seasoned investors in the bidding wars.

Marketing

Redfin

JULY 27, 2023

Competition This summer we have seen demand pick up again and the days on market have significantly dropped, so if you see a home you like, don’t wait too long. Do you want a new construction home or an older property with character? Are you looking for more space or a big backyard?

New Construction

Marco Santarelli

JULY 31, 2021

Tucson's real estate market made headlines a decade ago for reaching incredible highs before the average home value was cut in half. With a strong economy and low mortgage rates, buyer activity has been strong in this region. With supply and demand continuing to favor sellers prices continue to rise in the Tucson real estate market.

Marketing

HomeLight

APRIL 5, 2023

In addition, builders can be incentivized to negotiate to clear new construction inventory at the end of the year. It’s also very tech driven so tech companies coming to the area and tech layoffs affect the surrounding housing markets. Interest rates are constantly changing and the California housing market moves fast.

Agents

Marco Santarelli

SEPTEMBER 21, 2020

San Diego area is also a strong seller’s real estate market. Inventory is low, prices are rising, and pent-up demand alongside low mortgage rates has the market flooded with homebuyers. The shortage of supply and an increase in the demand for housing will push the prices higher in the San Diego housing market.

Marketing

Marco Santarelli

AUGUST 1, 2020

Several key housing indicators showed year-over-year gains as more buyers re-entered the market in June. The factors driving prices up are an increase in demand for housing, tight inventory, and record-low mortgage rates. New Listings. Days on Market Until Sale. Denver Metro Area is still a strong seller’s market.

Marketing

Marco Santarelli

JULY 24, 2020

New construction permits in all cities often lag due to community resistance which blocks new housing. They have limited options in the San Francisco housing market. Although mortgage rates have decreased, big down payments & all-time high home prices aren't spurring more sales. from a year ago.

Marketing

HomeLight

MARCH 31, 2021

For example, in Lexington, Kentucky, zoning regulations prevent new building starts with an established boundary line that limits new construction. Buyer demand may be influenced by: Low mortgage interest rates :Homebuyers benefit from a slight boost in spending power when interest rates drop.

Marketing

Marco Santarelli

SEPTEMBER 8, 2021

The United States Census Bureau released new data on how much each county's housing stock expanded over the decade from 2010 to 2020, and a new analysis by Apartment List finds that Raleigh ranks third among the top 100 most populous metropolitan areas, behind Provo, Utah, and Austin, Texas, but just ahead of Boise, Idaho, with housing growth of 23.5

Marketing

Marco Santarelli

JULY 9, 2021

With a strong economy and low mortgage rates, buyer activity has been very strong in 2021. According to new data from local realtors, seller activity in May grew slightly, up 2.6 According to new data from local realtors, seller activity in May grew slightly, up 2.6 New construction sales dropped 5.5

Marketing

Marco Santarelli

AUGUST 21, 2020

On average, homes in Miami, FL sell after 93 days on the market. The trend for median days on market in Miami, FL has gone down since last month, and slightly up since last year. More detailed Miami housing market trends and forecasts are given below. First, there is no subprime mortgage crisis this time.

Marketing

HomeLight

APRIL 29, 2021

The number of days on market (DOM), which marks how long a home is on the market before the seller accepts an offer, typically drops. In a balanced market, marketing time typically lasts around six weeks , according to The National Association of Realtors® (NAR). Factors that lead to a seller’s market.

Marketing

Marco Santarelli

APRIL 29, 2021

It compares key housing metrics of the San Jose housing market from March 2021 with March 2020. . Median Days on Market was 8. Impact of the Pandemic on San Jose Housing Market. For buyers, the mortgage rates are still low as compare to last year. Existing SFR Home Sales were up by 47.9% year-over-year.

Marketing