Realty Biz

JULY 6, 2022

It is not unusual for real estate markets to change. Quite often real estate markets stay the same for quite a while and then something happens that causes a shift. Sometimes it is the general economy, other times it could be interest rates moving significantly up or down, and possibly the stock market changing drastically.

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HomeLight

JUNE 9, 2023

These conditions can be anything from the buyer securing a mortgage, the home inspection clearing, or the sale of the buyer’s current home. As of 2023, 79% of contracts included an inspection contingency while 82% contained an appraisal contingency. ” So, what does contingent mean in real estate?

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Realty Biz

FEBRUARY 13, 2023

Off-market properties might be the answer if you want to avoid competition from other buyers when looking for your next home. Finding off-market properties for sale can be a challenge. Listing your home off the market might not seem like a good option, but it offers some advantages to sellers and buyers.

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HomeLight

JUNE 28, 2021

Not surprising, given that the Mayo Clinic provides the Rochester community with 39,300 jobs , bringing a steady flow of people to the city — and homebuyers to its housing market. If your home is in a prime location, or if your condo is maintained by a property manager, market those perks to incoming students.

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Realty Biz

DECEMBER 19, 2023

With a booming real estate market, affordable neighborhoods, and attractive investment opportunities, Milwaukee has become a hotspot for those looking to buy homes for cash or sell houses fast in Milwaukee for cash. But what exactly is driving this trend, and what insights can we gain from the local market?

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HomeLight

APRIL 18, 2022

The amount of time a home spends on a market (a statistic known as “days on market”) depends on a variety of factors like location, market trends, how your listing is marketed, and pricing. As of March 2022, across the nation, the median amount of days a home spent on the housing market amounted to 38.

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Windemere Selling

MAY 12, 2021

When the housing market favors sellers, a seller can expect ideal conditions for selling their home. However, that’s not to say that a seller’s market doesn’t come with its own unique set of challenges for parties on both sides of the transaction. What is a Seller’s Market? A seller’s market occurs when demand exceeds supply.

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HomeLight

APRIL 11, 2024

The most common reason[s] I would say is people [sell their home “as-is”] are either downsizing or their family has grown, and they’re upgrading their house,” says Dominick Marchesiello, a top-performing New York agent who sells homes 46% faster than the average agent in his market. “The Selling a house “as is” in New York?

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HomeLight

NOVEMBER 9, 2021

The recent housing market has been hot and competitive due to an extreme lack of inventory. For a seller in a hurry, the shortage of homes means you can anticipate fewer days on market (DOM). This means, using the conventional process, you can generally sell your home in as little as 48-75 days. Average Days in 2021.

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Real Trends

JANUARY 13, 2023

So when Steve Lucca, a local Keller Williams agent and leader of the top-performing iCONN Realty Group , saw the Greater Hartford area named as Realtor.com’s top market for 2023 , he was jazzed. They are predicting that we are going to the number one most active, busiest real estate market in the country,” Lucca said.

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HomeLight

APRIL 29, 2021

From cocktail parties to backyard barbecues, it seems like everyone around you is talking about how hot the real estate market is. So does that mean you’re in a buyer’s market or a seller’s market? Like stock prices, the real estate market fluctuates. Seller’s market: The odds are in your favor. Home prices rise.

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HomeLight

MARCH 18, 2022

Whatever the case, you’re looking for the fastest way to unload your property and sell your house in 7 days. However, you aren’t the first seller to need a housing market express lane , and you do have options to improve your shot at a quick sale. Here’s an in-depth look at how you can sell your house in as few as 7 days.

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HomeLight

JANUARY 22, 2024

Fast facts about selling a house ‘as is’ in Colorado Median sales price in Colorado $545,000 Average days on market (DOM) for Colorado 50 Disclosures Colorado law requires sellers to disclose material facts about the property through the Colorado Seller’s Property Disclosure Form. Are you looking to sell your home “as is” in Colorado?

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HomeLight

FEBRUARY 13, 2024

At HomeLight, we understand the complexities of the real estate market. 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. These comparables, or “ comps, ” are a strong indicator of what buyers are willing to pay in your market.

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Real Trends

MAY 15, 2023

Despite numerous speculations that the housing market would cool down due to higher interest rates in 2023, tight inventory has created a much different reality. Two recent reports released by Realtor.com and ATTOM shed some light on sellers’ perceptions of the market during this peak homebuying season.

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HomeLight

JUNE 28, 2021

Milwaukee’s lakefront lifestyle and robust job market has long attracted homebuyers looking to settle in. Today, the city’s hot seller’s market spells good news for homeowners looking to sell their house fast. Price your Milwaukee home at fair market value with help from a top real estate agent.

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HomeLight

AUGUST 25, 2020

home was on the market for an average of 24 days , with Ellie May estimating an average of 46 days to close on a purchase loan. Every house, every market, and every individual sale will vary in terms of days on market and closing timelines. Source: (Sarah Shaffer / Unsplash). Your sale could be different.

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HomeLight

JANUARY 3, 2023

Higher interest rates have been cooling the housing market nationwide, and real estate in Colorado is no exception. Inventory is starting to rise along with the average number of days on market as of September 2022. Inventory is starting to rise along with the average number of days on market as of September 2022.

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HomeLight

DECEMBER 29, 2023

Typically, the reasons are like an estate sale where they’ve inherited the property, and they don’t have the funds or the inclination to prepare the property for the market. But, the seller has an advantage in that particular market, ” according to Alicia Sierra , a top St. Looking to sell a house “as is” in Missouri?

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HomeLight

DECEMBER 29, 2023

Fast facts about selling a house ‘as is’ in Minnesota Median sales price in Minnesota $334,900 Average days on market (DOM) for Minnesota 32 days Disclosures Minnesota law requires sellers to disclose material facts about the property through the Minnesota Seller’s Property Disclosure Statement. Real estate transfer taxes?

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McKissock

JULY 26, 2022

In order to reach an acceptable agreement with the most favorable terms, make sure your buyers are aware of the market and the most important factors when constructing an offer. Number of days on market. Timeliness and types of inspections. Purchasing property, especially a home, can be a very emotional experience.

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Housing Wire

FEBRUARY 23, 2024

Although the Greater Boston area may still be plagued by persistently chilly temperatures, its housing market is still red-hot. According to data from Altos Research , the Boston-Cambridge-Quincy, MA-NH metropolitan area was the hottest housing market nationwide as of Feb. Altos considers anything over 30 to be a seller’s market.

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HomeLight

MARCH 30, 2021

Some people just focus on a home inspection and that’s not enough. Ask your real estate agent to help you gauge the current real estate market in your preferred area. Days on market: The speed at which houses are selling can be telling. What does due diligence mean in residential real estate? And it’s true!

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HomeLight

APRIL 28, 2023

While FSBO can work, it does come with some risks, including the possibility of selling your house for less than market value. We’ll also provide a comprehensive overview on the full process to prep, market, and close on your home without the assistance of a real estate agent. Disclaimer : HomeLight does not provide legal advice.

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HomeLight

JUNE 22, 2023

Connect with a top agent near you to get an expert opinion on how much your house will sell for, what to fix before listing, and the latest local housing market trends. When a buyer orders a home inspection , the inspector will be looking for key indicators of foundation issues. Freeman points homeowners to the exterior of their homes.

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Broke Agent Media

MARCH 16, 2023

Sellers who list their homes during this window will experience the best combination of market conditions and could boost their sale price by $48,000—if they prepare for the sale with calculated repairs, valuable updates, and effective marketing tactics. Danielle Hale Realtor.com® ® Chief Economist Here’s what you need to know.

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HomeLight

DECEMBER 29, 2023

Over] the past couple of years, it was very common to sell a house as-is just so they did not have to deal with repairs and the height of the market frenzy that was going on. Are you trying to sell your home “as is” in Oklahoma? MLS has a field to mark a listing “as is”? Which types of homes are sold ‘as is’?

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Housing Wire

AUGUST 14, 2023

Local housing markets is a HousingWire magazine feature spotlighting housing trends and data across the country. I absolutely love the Columbia Basin and the reason is that we are a unique market. “I I absolutely love the Columbia Basin and the reason is that we are a unique market. A score of 30 denotes a balanced market.

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HomeLight

NOVEMBER 30, 2021

Let us show you how to capitalize on this promising seller’s market. Tailoring your home listing to appeal to the entertainment industry is a great way to amplify its appeal in a burgeoning market. Ready to sell your Pasadena home fast ? Source: ( Kevin Fitzgerald / Unsplash). A lot of the people in Pasadena love the downtown area.

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Realty Biz

JULY 25, 2022

Skylar, it does sound like you understand that your local market might be shifting from a seller’s market towards a buyer’s market as indicated by falling house prices. The higher interest rates are knocking a lot of buyers out of the market. Ask Brian is a weekly column by Real Estate Expert Brian Kline.

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Realty Biz

JANUARY 19, 2024

Spring has blossomed full throttle, injecting new energy and driving sellers to step up their game in the real estate market. A sound real estate marketing plan will be one of the keys to your success. Embrace the warmth of spring—and a potentially warm market —by learning how to turn those walkthroughs into signed deals.

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Housing Wire

OCTOBER 10, 2023

A Comparative Market Analysis (CMA) is a detailed report that helps real estate agents evaluate and determine the market value of a property. A CMA report includes information on similar, comparable properties in the area, including recent sales, active listings and current market trends.

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HomeLight

MARCH 31, 2022

While FSBO can work, it does come with some risks, including the possibility of selling your house for less than market value. Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. 2022 , a 28.5%

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HomeLight

MAY 23, 2022

Josh Muncey , a real estate agent with over $500 million in career sales and 16 years of experience selling in greater Boston, Massachusetts, says, “it’s hard to find a market in the Boston area that’s not feeling red hot lately.”. Skip repairs and close in as few as 10 days. Average days on market for Massachusetts.

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Real Trends

DECEMBER 27, 2022

Inspection issues. An inspection can often reveal major issues that either side would not have been aware of. Whatever side you are on, being aware of inspection issues and how to work with them will be paramount in increasing your close rate. How often does a pending home sale fall through? Reasons your deal may slip: 1.

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HomeLight

DECEMBER 29, 2023

Fast facts about selling a house ‘as is’ in New Jersey Median sales price in New Jersey $530,000 Average days on market (DOM) for New Jersey 32 Disclosures New Jersey law requires sellers to disclose material facts about the property through the Disclosure of Information on Lead-Based Paint. MLS has a field to mark a listing “as is”?

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Marco Santarelli

NOVEMBER 17, 2022

It was a week in the early fall which represents a balanced view of market conditions favorable for buyers. This was the result of an optimal mix of housing market variables that give buyers the upper hand, such as lower pricing, greater inventory, less competition, and more time to make decisions. Plus, the cold reduces curb appeal.)

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