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Why fewer homes are taking a price cut, even while inventory rises

Housing Wire

So far in 2024, fewer homes are taking price cuts than in 2023, and this trend is on the verge of breaking below the 2023 lows in price cuts percentages. While weekly inventory is still falling, we have year-over-year growth in total active listing and new listings data. What is all this data pointing to?

Mortgages 509
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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. The Federal Reserve wanted to see the bidding wars end and the days on the market grow.

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Pending home sales shock 2021 housing crash bears

Housing Wire

Today, pending home sales came in as a big beat of estimates — up 7.5% in October — and since we are days away from December, we can officially label the 2021 housing crash bears as even worse than the 2020 housing crash bears. You can glimpse my mindset in this podcast , which covers the entire COVID-19 crisis and housing.

Sales 529
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Winston-Salem Housing Market: Prices, Forecast 2023-2024

Marco Santarelli

The Winston-Salem housing market is currently in a balanced state, with supply and demand for homes being relatively equal. This means that buyers have a reasonable selection of homes to choose from, and sellers are not facing an overwhelming number of competing listings. Is It a Buyer's or Seller's Housing Market?

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Are We In A “Rental Housing Crisis”?

Toronto Realty Blog

It’s huge Canadian news, um, here in Canada. Many people don’t “do the news.” But this news is massive, folks. The CBC interviewed one individual who is new to the country and was asked, “What the country needs to deal with a population that’s growing fast.” ” Her answer?

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The “Problem” With Housing In Canada Is Lack Of Supply!

Toronto Realty Blog

Every week, it’s another group of people who feel the wrath of those who can’t afford to buy what they want, or the wrath of politicians who can’t admit that their inability to put forth a true long-term housing strategy is really the cause. But she says they moved from Edmonton.

Investor 110
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How Smart Investors Decipher & Respond to Real Estate Market Cycles

The Close

I bought my first investment property at 21 years old, before I really understood the potential impact of real estate market cycles. But it took time and experience to figure out the particular moments in a real estate market cycle that are better for different types of investing. Understanding Real Estate Market Cycles.

Investor 101