Remove Banks Remove Closing costs Remove Days on market Remove Residential
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Fed’s Beige Book predicts further uncertainty for the housing market  

Housing Wire

Interest rates and inflation continued to dampen activity in the housing market across all 12 Federal Reserve districts, according to the Fed’s latest Beige Book. Following dampened activity from buyers, sellers provided increased concessions, such as temporary rate buydowns or paying closing costs to complete sales, the report noted.

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The nation’s housing market is on a correction course

Housing Wire

The Beige Book reports, published eight times a year, are based on interviews with bank directors, business and community organization leaders, economists, market experts and other sources. Cleveland — Residential construction and real estate activity softened further amid rising interest rates. Rents rose modestly.

Marketing 393
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Selling a House ‘As Is’ in Connecticut

HomeLight

Average days on market for Connecticut. The law requires sellers to disclose material facts about the property through the Residential Property Condition Disclosure Report. These things tend to make the house more appealing without breaking the bank. Fees: Sellers do not pay closing costs. Disclosures.

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Selling a House ‘As Is’ in Maryland

HomeLight

Average days on market for Maryland. Maryland law requires sellers to disclose material facts about the property through the Maryland Residential Property Disclosure and Disclaimer Statement. These companies can help sellers cash out quickly and many will cover a seller’s closing costs. Disclosures.

As-is 101
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Atlanta Real Estate Market Overview 2020

Marco Santarelli

Total residential units sold in August in the 29 county Atlanta Metropolitan Statistical Area (MSA) were 9,617, up 8.81% from the previous year (source: GAMLS). The median residential sales price for all properties has increased by 11.64% to $275,000 compared to the previous year. Atlanta Housing Market Prices & Trends 2020.

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Dallas Real Estate Market 2020 Overview

Marco Santarelli

On average, homes in Dallas, TX sell after 58 days on the market. The trend for median days on market in Dallas, TX has gone down since last month, and slightly down since last year. Let’s continue to explore the Dallas housing market trends to understand what it will look like in the second half of 2020.

Marketing 135
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Chicago Real Estate Market 2020 Overview

Marco Santarelli

On average, homes in the Chicago area sell after 63 days on the market. The trend for median days on market in Chicago has gone up since last month, and slightly down since last year. The Chicago metro area housing market is slowly improving as more homes went into the contract in July as compared to June.

Marketing 140