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

Housing Wire

For what felt like a moment in time, buyers enjoyed the luxury of being incredibly picky, carefully selecting what felt like their dream homes in a market that had shifted towards more favorable conditions. While I hate to be the bearer of bad news, that era is almost most definitely drawing to a close. Change is on the horizon.

Agents 446
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The Expensive Get More Expensive: Home Value Growth Tops in Highest-Price Markets (March 2024 Market Report)

Zillow Market Reports

Shoppers in these tech-heavy markets are still experiencing bidding wars as commonplace – they all ranked among the 10 major markets with the highest share of homes sold over asking price in February, the most recent data available. The median age of all listings on Zillow is 43 days. Buyers in the most expensive major U.S.

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Brand Report: RE/MAX Releases February National Housing Data

RIS Media

“It’s a complicated, competitive market, with buyers having to act quickly and aggressively to get the home they want. Conditions seem to be keeping some potential sellers on the sidelines, but that could change if or when they see more move-up options on the market. Days on Market – Average of 53 Metro Areas.

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Median Home Prices Hit $405,000 for the First Time

RIS Media

With demand beginning to moderate as some home shoppers are priced out of the market and new construction at near 16-year highs, inventory is expected to hit positive territory year-over-year this summer. Median Days on Market: Change from March 2021: -11. March 2022 Housing Metrics – National: . Key findings: .

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21 Marketing strategies to freshen up a stale listing

Real Trends

A home that might have sold for over-list price in less than a day with multiple offers a few months ago — even with bad iPhone photos and monstrous dust bunnies under the coffee table — is going to need a little more love now that we are feeling a market shift , seeing increased days on market and inventory is growing. .

Marketing 104
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How to Do Real Estate Market Analysis in 2023?

Marco Santarelli

Real estate market analysis involves evaluating the current market conditions and trends in a particular geographic area to determine the demand and supply of properties, as well as the overall economic conditions that may impact the real estate market. Are more people moving into the market or moving out?

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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. The town of Windsor specifically has had many new communities which is great for first time buyers because a new home will have less maintenance up front.