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Buyers are being picky — here’s how you can navigate it as a real estate agent

Housing Wire

home sales in nearly 30 years as high mortgage rates frustrate buyers, the market is reshaping real estate once again, placing buyers on the back foot and swinging the pendulum back to favoring sellers. The changing tides Previously, buyers were able to look for over a month, as average days on market continued to climb.

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The Expensive Get More Expensive: Home Value Growth Tops in Highest-Price Markets (March 2024 Market Report)

Zillow Market Reports

All five comprise the most expensive markets among the 50 largest in the U.S. It’s not a coincidence that these five metros are also where the highest share of homeowners are likely locked into their mortgage rate. New construction is providing a pressure-relief valve in these metros, giving move-up buyers a place to go.

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The Atlanta 2023 Housing Market "at the Half"

Hank Miller Team

In fact, some market are ahead of those record highs of '22. Clearly it's not the same market, but the interest rate shock seems to be accounted for. Owners Love Low Mortgages Pretty simple. During the pandemic, the government bought mortgage backed securities and artificially maintained those historically low interest rates.

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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.

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Residential real estate activity picks up despite low inventory

Housing Wire

All 12 Federal Reserve districts have seen issues with a lack of housing inventory , which is largely due to existing homeowners holding back on listing their homes after previously locking in low mortgage rates. New York – The residential sales market has been strong across the District.

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

HomeLight

An ample supply (lots of homes for sale) and limited demand (fewer buyers) leads to a buyer’s market. Conversely, lack of supply (fewer homes for sale) and abundant demand (lots of buyers) results in a seller’s market. When you’re selling, the type of market you’re in makes all difference to your bottom line.

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There’s Still a Window of Opportunity To Invest in U.S. College Towns, but Move Fast and Know Where To Look

Realtor.com

In the spring of 2020, as it appeared that many college students would stay grounded in their childhood bedrooms doing coursework online, some landlords panicked and sold off rental properties in prime university markets, fearing high vacancy rates in the next semester. At the time of sale, it was nearly 100% leased for fall 2020.