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Residential real estate activity picks up despite low inventory

Housing Wire

“Residential real estate activity picked up in most Districts despite continued low inventories of homes for sale,” the report states. In return, the lack of inventory of homes for sale pushed demand for rental properties in some areas — including New York, Chicago, St. Louis, Kansas City Federal Reserve districts.

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Our 19-point house-hunting checklist for real estate agents & their clients

Housing Wire

Before meeting with a mortgage lender, buyers should have a clear picture of their finances. There’s nothing more frustrating for agents or buyers than dealing with a 1-800 number when there’s a financing issue and the commitment date is looming. Drive neighborhoods at different times of day. Meet with a financial advisor.

Agents 379
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Sell Your House Fast in Miami: Expert Strategies for a Quick Sale

HomeLight

In this guide, we will review the pros and cons of each approach to help you decide which makes the most sense for your home sale. Get a cash offer with HomeLight’s Simple Sale If you want to sell your house fast in Miami, HomeLight’s Simple Sale all-cash offer platform could be the perfect solution.

Sales 78
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What is a Comparative Market Analysis, and What Does It Look Like?

HomeLight

How is a comparative market analysis different from a comp? A comp, or comparable sale, is “an individual property that is similar to the one being sold,” Medford says. The appraiser has no vested interest in the property or its sale. Sales history and value adjustments over the years. Median sale price by square footage.

Marketing 101
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When Is the Best Time to Buy a House in Texas?

HomeLight

It’s said that everything’s bigger in Texas, but if you don’t want that to include the purchase price of your new house, you may ask, “What’s the best time to buy a house in Texas?” Are you looking for a quick sale, extended inventory, or a low price? Overall, home sales in Texas set a record in 2021, topping 417,000.

Agents 84
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2022 Housing Market Year In Review: Looking Back on a Historic Year

Redfin

In March, the median sale price rose 16.8% Despite a quickly cooling housing market, prices are still higher today than any previous year on record. . The median sale price of a home in San Francisco was $1,505,000 in 2022, up 0.3% Median sale price. The median sale price for a home in Detroit was $165,000 in 2022, up 3.3%

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Renting vs Buying in Windsor, CO: Which is Right for You?

Redfin

With Windsor’s real estate market conditions, you’ll find there are pros and cons to both buying and renting a home, making it that much tougher to decide which option suits your goals. If you’re considering buying a home in Windsor, you’ll see the median sale price for a home is $582,000 as of July.