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Days on market grow despite low inventory for existing homes

Housing Wire

The National Association of Realtors (NAR) reported today on two trends in existing home sales that we have seen for many months now: sales are declining while total inventory data has fallen directly for the three straight months. NAR Research : Total existing-home sales decreased 5.9%

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Will we start 2022 with all-time lows in housing inventory?

Housing Wire

My biggest concern for housing in the years 2020-2024 was that if the demographic push in demand picks up and total home sales get over 6. 2 million , we could be at risk of housing inventory falling to such low levels that I would have to categorize this housing market as unhealthy. million new and existing home sales combined.

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Hot Off the Press: What Today’s Housing Numbers Mean for You & Your Clients

The Close

The real estate housing market numbers, month over month, reflect incremental increases in inventory and median price, which have resulted in an incremental decrease in sales activity. Existing sales slipped 2.2% from last month, but sales are down 16.6% Regionally it’s mixed, with some hope out West where sales rose.

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Inside Redfin’s unique, brave and vulnerable business model

Housing Wire

Representing homebuyers in Orange County, California, Alipour generally completed 2-3 escrows a month while many colleagues did 4-5. “It But Alipour exited Redfin for Compass last month, due to Redfin’s sales expectations. In exchange, the agents set a sales commission and negotiate with the brokerage their commission cut.

Brokerage 367
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Why an Economic Downturn Represents the Best Time to Invest in Real Estate

The Close

Related Articles 7 Critical Parts of Every Real Estate Investment Business Plan How Smart Investors Decipher & Respond to Real Estate Market Cycles 9 Skills Agents Need to Work With Investors & Close 50-100 Deals a Year Is Right Now Really a Good Time to Invest in Real Estate? But first, let’s get a handle on the basics.

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How to Get (& Keep) Qualified Real Estate Clients in 2022

The Close

From wide-eyed newbies who just got their license to brokers with yearly gross commission income (GCI) in the billions —I’ve talked to pretty much every kind of agent that exists. In this update we also include links to eleven deep-dive articles to learn more about each strategy. ” Related Article. Who could blame them?

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How Does Canada’s Home Ownership Rate Look?

Toronto Realty Blog

Home ownership rates have increased. Case in point: home ownership rates in Canada are increasing. Yes, you read that correctly, and no, it’s not impossible for the three points above to co-exist. Before I present you with the statistics, let me say this: stats like this are always delayed by 1-2 years.