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The silver lining in the existing home sales report

Housing Wire

year-over-year decline in existing home sales in September and total inventory has now fallen on back-to-back reports. Earlier in the year, I labeled this a savagely unhealthy housing market based on the premise that Inventory would break to all-time lows, creating forced bidding and causing days on the market to collapse.

Sales 283
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Tips and Strategies For a Successful Spring Home Sale

Realty Biz

Stage your home to showcase its best features and create an inviting atmosphere for potential buyers. According to Zillow, houses listed for sale in the first half of May sell six days faster than average. Set a competitive price using current market trends by analyzing recent sales data. during this period.

Sales 108
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Here’s the key to being an empowered real estate professional in 2022

Housing Wire

market experts are rolling out?all Mortgage rates? a buyer’s market. ? . What matters for your market (wherever you are) is what patterns are developing near you. new listings, sold listings, days on market, off-market listings?—?will Agents, one of the biggest factors in property sales is pricing.

MLS 421
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Home Prices Hit Record Highs in April 2024: Trends & Predictions

Marco Santarelli

However, this surge still falls short, lingering approximately 20% below pre-pandemic levels , primarily because many homeowners are reluctant to sell, buoyed by the allure of historically low mortgage rates secured during the pandemic. Here are some key takeaways: The median sale price increased by 14.0% which is a seller's market.

Sales 97
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What Is Simple Sale? A Platform for Selling Your Home Fast

HomeLight

According to the National Association of Realtors®, cash sales accounted for 23% of existing-home sales last year, up from 16% the year before. The platform is called Simple Sale , and it offers a number of benefits to someone who needs to sell their home quickly and with fewer hassles than a traditional listing. Learn More.

Sales 84
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Little Rock Housing Market: Prices, Trend, Forecast 2023

Marco Santarelli

Home prices have seen a slight decrease compared to the previous year, yet the market remains relatively competitive. Several factors contribute to the present state of the Little Rock housing market. Market Balance In August 2023, the housing market in Little Rock, AR was categorized as a balanced market.

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Real Estate FAQ: Top 10 Questions Home Sellers and Buyers Ask

HomeLight

Price too high, and you risk your home sitting on the market; too low, and you might not get the full value of your investment. Here’s how to strike the perfect balance: Analyze comparable sales in your area: Look at recent sales of homes that are similar to yours in terms of size, age, condition, and location.

Staging 82