Full disclosure: The Tim is employed by Redfin. On Monday I posted the results of a new quarterly survey of home sellers that we’re doing at Redfin. This part in particular stood out to me as I was analyzing the responses: …when asked how they approach pricing their home 32% of sellers indicated that they…
Tag: listings
Buyers: Is it time to give up on 2012?
When inventory completely failed to experience the usual new year bump in January, and listings continued to decline through February, March, April, and May, I had hoped that once the “spring buying season” wore off that we might start to see inventory increase a little in the second half of the year before the usual…
Reader Question: Where did all the inventory go?
I received this question via email from a reader a few weeks ago: I’ve got to ask this because it seems nobody else is asking. We know that just 3-4 years ago there was a surplus of homes on the market. We also know that in the last 3-4 years home sales have remained relatively…
Seattle’s Summer of Slim Selection
With real estate’s “spring buying season” basically in the rear-view mirror, one would expect that the housing inventory shortage we’ve been seeing so far in 2012 might subside. Unfortunately, that does not yet appear to be the case. Both in King County as a whole and Seattle specifically, weekly inventory data from Redfin shows a…
Are Listings Getting Less Scarce?
A reader emailed me to ask if I have “seen a bump in inventory” in the last few weeks. Unfortunately, I haven’t. Here’s a look at new listings by week since the beginning of the year, with last year plotted for comparison: The number of new listings each week did bump up a bit between…