{"id":19357,"date":"2021-09-08T15:18:31","date_gmt":"2021-09-08T15:18:31","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=19357"},"modified":"2021-09-08T15:18:31","modified_gmt":"2021-09-08T15:18:31","slug":"listings-jump-5-1","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/listings-jump-5-1\/","title":{"rendered":"Listings Jump 5.1%"},"content":{"rendered":"

Listings Jump 5.1%<\/h1>\n
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More homeowners are listing their homes for sale, which is opening up options for anxious home buyers who have faced fierce competition the last few months over a limited housing stock.<\/p>\n

New listings rose 5.1% in the 50 largest metros. The largest increases were in Columbus, Ohio (up 25.6%); Louisville, Ky. (up 22.8%); and Cleveland (up 21.6%), according to realtor.com\u00aes newly released Monthly Housing Report.<\/p>\n

Also, as more inventory and new listings arrived on the market in August, the rate of sellers making price adjustments has also begun to approach more normal levels, realtor.com\u00ae notes. The share of sellers who made listing price adjustments grew to 17.3% of active inventory, which is the highest share in 21 months and close to more typical levels that were seen between 2016 to 2019, researchers note.<\/p>\n

Still, housing remains tight, even if with the additional inventory. U.S. housing inventory was down 25.8% year-over-year in August. That did mark an improvement over last month when inventories were down 33.5% annually.<\/p>\n

Meanwhile, new listings were up 4.3% compared to a year ago.<\/p>\n

\u201cLow mortgage rates have motivated home buyers to endure this year\u2019s challenging market and now some buyers are starting to see their persistence pay off,\u201d says Danielle Hale, realtor.com\u00ae\u2019s chief economist. \u201cThis month, new sellers added more affordable entry-level homes to the market compared to last year, while others began adjusting listing prices to better compete with an uptick in inventory.\u201d<\/p>\n

Housing remains a strong seller\u2019s market as homes continue to sell quickly at record-high prices, Hale says. \u201cBut now a home priced well and in good condition may see two to three bids compared to 10 last year,\u201d she notes. \u201cFor sellers not seeing as many offers, it may be worth revisiting pricing strategies as buyers continue searching for homes that fit their budgets.\u201d<\/p>\n

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\"August<\/div>\n<\/div>\n<\/div>\n

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Source:<\/div>\n
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realtor.com\u00ae<\/a><\/div>\n
\u00a9National Association of REALTORS\u00ae
\nReprinted with permission<\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Listings Jump 5.1% More homeowners are listing their homes for sale, which is opening up options for anxious home buyers who have faced fierce competition the last few months over a limited housing stock. New listings rose 5.1% in the 50 largest metros. The largest increases were in Columbus, Ohio (up 25.6%); Louisville, Ky. (up … <\/p>\n

Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-19357","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"\nListings Jump 5.1% - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/listings-jump-5-1\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/listings-jump-5-1\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/listings-jump-5-1\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"Listings Jump 5.1%\",\"datePublished\":\"2021-09-08T15:18:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/listings-jump-5-1\\\/\"},\"wordCount\":312,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/listings-jump-5-1\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/magazine.realtor\\\/sites\\\/default\\\/files\\\/styles\\\/asset_image_full_content\\\/public\\\/assets\\\/images\\\/9.3.2021_morelistings.png?itok=nZBeB2tT\",\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/listings-jump-5-1\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/listings-jump-5-1\\\/\",\"name\":\"Listings Jump 5.1% - 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