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6 Simple Graphs Proving This Is Nothing Like Last Time

Keeping Current Matters

Home sales and prices were both up substantially over the year before. As the next graph shows, there were too many homes for sale in 2007, and that caused prices to tumble. 2020 was so strong that many now fear the market’s exuberance mirrors that of the last housing boom and, as a result, we’re now headed for another crash.

Equity 262
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8 reasons we won’t have housing inventory armageddon any time soon

Real Trends

Are we on the all-new crazy train, destined to crash off the cliff in a pile of short sales and foreclosures? Are distressed sales headed to your market? The headlines say that the influx of active listings will drive prices down, reduce the velocity of sales and, consequently, wreck the market. so far this year.

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How Smart Investors Decipher & Respond to Real Estate Market Cycles

The Close

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. While tracking market cycles is widely accepted in the stock market, it has been strangely ignored in real estate investing. Understanding Real Estate Market Cycles. The reverse of this is also true.

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Seller’s vs. Buyer’s Market: A Seller’s Guide to Decoding Market Conditions

HomeLight

A strong economy, reticent home sellers, and lagging new construction all contribute to a seller’s market. Too few resale homes for sale. New builds aren’t keeping up. And as the population increases, so does the need for new housing. So does that mean you’re in a buyer’s market or a seller’s market? as of 2020.

Marketing 108
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5 predictions for the 2022 housing market

Housing Wire

2021 was an extraordinary year for the housing market: mortgage rates at an all-time low, record high annual growth in single-family prices and rents, lowest foreclosure rates in a generation and the largest number of home sales in 15 years. In addition, more for-sale inventory will likely be available on the market.

Marketing 545
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Real Estate Pending Vs. Contingent: MLS Lingo Explained for Sellers

HomeLight

That’s why it’s important for your real estate agent to keep your property’s status up to date, both in the multiple listing service (MLS) that agents cooperatively use, as well as in online marketplaces, which pull data from the MLS. Step one: Talk to an expert! Selling your house soon? Learn More Contingent or pending, you’re under contract!

MLS 93
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Miami Real Estate Posts 10th-Highest Total Home Sales Month in History

Realty Biz

Miami-Dade County real estate posted its 10th-highest total existing home sales month in history and its second-best May sales month ever, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system. Nevertheless, Miami’s May 2022 total home sales finished 21.9% There are 2.6

Sales 78