Urbanimmersive Inc V.UI

Listing up 18% in last 4 weeks - May 8, 2021

[laurencelefou]

US weekly housing trends

New listings, a measure of sellers putting homes up for sale, were up 5 percent, adding on to gains of 18 percent or more in each of the last 4 weeks. Surveys showed that seller confidence continued to rise in April. Extra confidence plus our recent survey finding that more homeowners than normal are planning to list their homes for sale in the next 12 months suggest that while we may not see an end to the sellers’ market, we might see the intensity of the competition diminish as buyers have more options to choose from.

Total active inventory remains 52 percent below this time last year. The total number of homes actively available for sale continues to be less than half of last year’s abnormally low levels.
 
https://www.realtor.com/research/weekly-housing-trends-view-data-week-may-8-2021/

[laurencelefou]

Total active inventory remains 52 percent below this time last year.   Over time, the number of listings will drift back to normal.  So, if by calendar year 2022, the number of listings are back to normal, will UI's SAAS revenue be up by 52%?     Perhaps revenues will increase by more than 52% since revenue per transaction will on average be higher in 2022 (new