Banks Closing Days on market New Construction 
Housing Wire
JUNE 6, 2023
Demand from the buyer side has remained steady or increased, however, and new home builders have responded to inventory shortages by increasing speculative inventory production, according to the Federal Reserve Beige Book, released Wednesday. Builders have been offering strong incentives to close deals.
The Close
DECEMBER 27, 2022
In any given moment, we can look to certain indicators to suggest what market stage an area may be in: Active housing inventory. Preforeclosure and bank-owned properties, or REO. This is because the market is still experiencing a feeding frenzy from buyers and investors looking to cash in on the appreciation from the previous cycle.
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HomeLight
JANUARY 28, 2022
He acknowledges that banks usually view appraisals as more valuable than a CMA, even if many of his colleagues disagree. Select comps that are as similar to the property as possible, within a close radius that have sold recently. Lot size – Properties should be as close in lot size as possible – ideally, within 300 square feet.
Realty Biz
JUNE 24, 2022
Look for fewer bidding wars, more days on market, and a cooling of the growth rate of pricing in the months ahead.”. Second-Best May Sales Month in History Miami’s total closed sales in May 2022 outperformed nearly every other May in history despite higher mortgage rates, lower supply, and higher sale prices. in May 2021.
HomeLight
MARCH 31, 2021
Lack of supply is a significant factor that contributes to a seller’s market. Let’s take a look at some factors that may contribute to an inventory shortage: An insufficient supply of new builds to close the gap: When builders aren’t keeping up with buyer demand, the result intensifies a housing imbalance.
Marco Santarelli
NOVEMBER 10, 2020
There's so much competition that in addition to paying more than market value for property the buyers are offering to pay for the closing costs to seal the deal. Median days on market – 5 days (down 10 days). This area is a hot seller's market. Closed Sales. Closed Sales.
Marco Santarelli
SEPTEMBER 8, 2020
Total sales (closed) during July increased 35.4 Data released by Naples Area Board of REALTORS®, which tracks home listings and sales within Collier County (excluding Marco Island), showed that overall closed sales in March increased 15.8 percent to 1,148 closed sales compared to 991 closed sales in March 2019.
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