Real-Time Housing Price Feeds, Indices, and Market Intelligence | Trusted by CNBC, the WSJ, Polymarket, and more | Powering @Parcl
New York, NY
Joined May 2022
- Tweets5.2K
- Following395
- Followers16.1K
- Likes4K
Pinned Tweet
Watchlists now live.
Any housing market in the country - add to your watchlist and track in real time.
Customize your watchlists with price, financing, and for-sale metrics.
Annotate your watchlist live to flag shifts.
Updated daily.
Parcl Labs retweeted
Oregon leads the country as the state with the highest share of home sellers cutting prices at 52.8%.
However, there are many metros within the state well above this.
Klamath Falls: 56.9%
Prineville: 55.8%
Albany: 55.4%
Coos Bay: 55.3%
Bend: 55.3%
Newport: 53.6%
Portland (spills into WA): 53%
What's happening in Oregon?
Parcl Labs retweeted
UPDATE: For the first time all year, every market in the top 5 major housing markets are officially in fire sale territory.
What is the motivated seller index? It's a score looking at every home seller in the market - are cutting prices, how fast, and how deep.
It's a score b/w 0 and 10. 10 is the max.
Nationally, that metric is 5.87. In these 5 markets:
Kingsport, TN: 7.87
Indianapolis, IN: 7.66
Austin, TX: 7.59
Asheville, NC: 7.54
Eugene, OR: 7.51
This usually leads prices by 8 weeks.
Texas remains the accidental landlord capital of the US
14.5% of single-family homes for rent in Texas were listed for sale first: the owners tried to sell, then put them up for rent
That's the highest share of any state
Houston is the epicenter of accidental landlord activity in Texas
18% of its single-family rentals come from failed home sellers turned landlords
Parcl HQ is the only place to get real-time accidental landlord data for every US market:
parcllabs.com/research/motiv…
Eugene, OR just cracked the top five most motivated seller markets in the US, a first this year
It's the most motivated metro in the Pacific Northwest, where 9 of 11 large Oregon and Washington metros score above the national average
53% of Eugene listings have cut their price, up from a 37% low in April.
Nationally the share went from 36% to 44%
Track seller motivation in Eugene, or any market in the country: parcllabs.com/research/motiv…
Nationally, home prices are flat YoY
Some markets are way outperforming
One of the strongest is Rochester, NY, where prices are up +9% YoY
Is your market up, flat, or down?
Only one place to get the real-time answer:
parcllabs.com/research/motiv…
Dallas suburbs continue to see intense price cutting
Biggest hotspots are builder communities across Denton and Collin counties
Live map view of new construction with 2+ price cuts:
Parcl HQ is x-ray vision for what's happening in your market
Get access:
parcllabs.com/research/motiv…
Colorado housing right now: sellers are cutting, sales are down, and recent buyers have little equity to absorb further declines
We wrote an in-depth report on why we expect more price pressure in Colorado: parcllabs.com/research/artic…
Parcl Labs retweeted
TEXAS: Six weeks ago we said builders would lead prices lower to clear inventory
Since then, new-build $/sqft Y/Y: -0.2% → -3.4% statewide
Austin now -15.2% (-5.4 pts). Houston -3.4 pts. San Antonio stopped falling but still -9.5%
What are forward indicators telling us? 🧵
2 in 3 homes listed for sale by institutional investors have had a price cut
And with the fall selling season ending, their cuts are getting deeper
Now averaging 8.3% off the original ask
Sophisticated investors know if they don't clear these homes soon, they're likely holding them all winter
They're offering deep discounts to get them off their books before then
On the other side of the trade? Find these deals:
parcllabs.com/research/motiv…
Midwest sellers are cutting prices faster than anyone in the country
Nationally, the avg price cut comes 32 days
The 6 fastest states are all in the Midwest: Illinois, Ohio, Indiana, Minnesota, Michigan and Wisconsin, at 25 to 27 days
See how fast sellers are cutting in your market:
parcllabs.com/research/motiv…
Kingsport, TN is still America's most motivated seller market
And it's getting more motivated
#1 every day since late August among metros with 1,000+ homes for sale
Its MSI just hit a 2026 high
Our deep dive report on why Kingsport leads the nation in MSI:
parcllabs.com/research/artic…
