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Why fewer homes are taking a price cut, even while inventory rises

Housing Wire

So far in 2024, fewer homes are taking price cuts than in 2023, and this trend is on the verge of breaking below the 2023 lows in price cuts percentages. Price-cut percentage Every year, one-third of all homes take a price cut before selling — this is a traditional housing activity.

Mortgages 515
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Why higher rates aren’t crashing home prices

Housing Wire

Home prices aren’t crashing, despite what the housing bubble boys are saying. In fact, home prices have firmed up higher recently. Well, it’s June 9, 2023, and home prices have been firm month to month, not showing anything that resembles the housing bubble crash years. Then on Aug.

Mortgages 546
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Hot Off the Press: What Today’s Housing Numbers Mean for You & Your Clients

The Close

The real estate housing market numbers, month over month, reflect incremental increases in inventory and median price, which have resulted in an incremental decrease in sales activity. from last month, but sales are down 16.6% from this time last year. It’s a bitter cocktail of numbers to be sure—but it’s not all doom.

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Canada Sees Increased Wealth Concentration Amid COVID-19

Point2Homes

An uptick in Canada’s home prices might seem unlikely amid the COVID-19 crisis, particularly when the economy is facing significant job losses and a record-high number of bankruptcie s. Pittis points to increased sales numbers and prices for homes in two of Canada’s largest cities, Vancouver and Toronto.

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Cut Through the Housing Market Noise in Music City: How to Sell Your Nashville House Fast

HomeLight

A record 15 million annual tourists came to Nashville in 2018 to let loose at a honky tonk bar, chow down on hot chicken, and scope the town for a famous musician sighting. But even in a place steeped with as much culture as Music City, you’ve got normal people who live there, go to work, grab groceries, and yes—even sell homes.

Staging 109
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Local Housing Markets: Fargo, Bergen County and 30A, Florida

Housing Wire

Recently, Bergen County has been home to one of the hottest housing markets in the country. People aren’t moving because they are tied into low-interest rates, so they aren’t listing their home. But, homes are not receiving the same volume of offers that they used to. “At For every seller I probably have 50 buyers.”

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The Best Real Estate Classes in Maryland for 2023

The Close

We’ll help narrow your search based on our reviews of MD classes, which use criteria like usability, scheduling, pricing, the quality of course materials, and extra features. Some packages in this article include CE courses. Looking for the best real estate schools in Maryland to launch your career this year?