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Is There a Market Correction on Its Way?

McKissock

Some early warning signs of housing market correction are: A) Listing inventory in MLS starts to climb steadily. B) Days on Market for listings increase. Builders don’t want to be stuck with inventory when a correction happens, so they watch their market indicators very closely. Obvious signs.

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Richmond VA Real Estate Market & Investment Overview

Marco Santarelli

Housing data collected by the Richmond Association of REALTORS® through Central Virginia Regional MLS. Forbes ranked Richmond, Virginia at #8 in their list of “15 Housing Markets That Are Hot in 2020.” Days on Market Until Sale are 18, down 43.8%. Days on Market Until Sale are 18, down 14.3%.

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Miami Real Estate Posts 10th-Highest Total Home Sales Month in History

Realty Biz

Miami-Dade County real estate posted its 10th-highest total existing home sales month in history and its second-best May sales month ever, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system. Miami Distressed Sales Keep Dropping, Reflecting Healthy Market Only 1.2% billion to $1.51

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Philadelphia Real Estate Market & Investment Overview 2021

Marco Santarelli

Housing data by Bright MLS, Inc. Philadelphia is a hot seller's real estate market by all housing indicators. The following housing report of the Philadelphia Metro Area is based on February 2021 Bright MLS housing data. Day On Market. In Philly, the average was 41 days, showing a strong favorability to sellers.

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Detroit Michigan Housing Market: Trends & Forecast 2021-2022

Marco Santarelli

On average, homes in Detroit, MI sell after 60 days on the market. The trend for median days on market in Detroit, MI has gone up since last month, and slightly up since last year. These are the properties that may be coming to the market soon but are not yet found on a multiple listing service (MLS).

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Bakersfield Housing Market: Prices | Trends | Forecast 2021-2022

Marco Santarelli

Trulia has 1,445 resale and new homes for sale in Bakersfield, CA, including open houses, and homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. On average, homes in Bakersfield, CA sell after 56 days on the market. Bakersfield, CA Foreclosures And Bank Owned Homes 2019. Recently Sold.

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San Francisco Bay Area Real Estate Market 2020 Overview

Marco Santarelli

This proposition by Google will add thousands of new homes to the Bay Area real estate market over the next ten years. About $750 million would be used for repurposing Google's own commercial real estate for residential purposes. Median Days on Market equaled 19. . Existing SFR sales in June 2020 were 163, down 8.9%

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