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NAR’s Generational Trends Report Reveals What Consumers Look For in an Agent

Broke Agent Media

Since 2013, this annual report has provided valuable insights into the differences and similarities between buyers and sellers of different generations, using data from NAR’s annual Profile of Home Buyers and Sellers. Millennials are no longer the largest group of buyers after their share dropped from 43% in 2021 to 28% in 2022.

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42 Steps to Homeownership: The Resourceful Buyer’s Go-To Guide

HomeLight

Unfortunately, there’s no hard-and-fast guideline that can definitively tell you whether you should buy a house, or exactly how you should approach the process. But one thing you can do right now? One thing that can help simplify it? Some savings you can use toward a down payment and closing costs? she prompts.

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How to Sell a House by Owner in California (2023 Updates)

HomeLight

Sellers who may have been wondering about how to sell a house in California by owner during the hot seller’s market of 2021-2022 may now face stronger headwinds and more discerning buyers. While FSBO can work, it does come with some risks, including the possibility of selling your house for less than market value.

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111 Shocking Real Estate Statistics You Need To Know

The Close

Current home sales in 2022 are the second highest tally since 2007, trailing only 2021. The Close Takeaway: The real estate industry grew rapidly in 2021 led by smart, entrepreneurial women. More than 40% of all Realtors in the US are in Florida, California, Texas, and New York. As of July 2022, there were 1.6 Related Article.

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26 First Time Home Buyer Tips to Get Your Foot in The Door In 2021 (Plus 5 That Just Don’t Work)

HomeLight

Let’s be honest: 2020 (and the bulk of 2021) have been pretty intense for all of us, and in many regions, the real estate market seems to reflect that stress. All of these factors have made buying a home in 2021 very competitive, and if you’re a first-time buyer , it can seem downright daunting! Save, then save some more.

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When to Sell Your House: 8 Questions to Ask

HomeLight

A seasoned agent can guide you through this unfamiliar territory. In fact, most sellers rely on an agent’s expertise: In 2021, 90% of home sellers worked with a real estate agent to sell their home, NAR statistics show. HomeLight’s Agent Match also can lend a hand. A buyer’s market lets buyers be choosier.

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12 Likely Reasons Your Home Isn’t Selling (And What to Do About It)

HomeLight

As of Q3 2021, 54% of agents have seen or heard about buyers backing out of contracts due to remorse about inflated home values. Our Home Value Estimator can be a helpful tool for this task. Another way to check your price: Listen to the feedback you’re getting from people at open houses and showings. of their asking price.

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