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Think US home prices are high? At least we aren’t Canada

Housing Wire

The days on market grow, which gives people more choices and less forced bidding. Home prices cooled down, and the days on the market grew. Breaking that threshhold would mean we are in unhealthy home-price growth land. A stock can fall 40% in one day, whereas a home doesn’t have that kind of velocity.

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How Smart Investors Decipher & Respond to Real Estate Market Cycles

The Close

In any given moment, we can look to certain indicators to suggest what market stage an area may be in: Active housing inventory. Real estate sales by unit. Preforeclosure and bank-owned properties, or REO. Preforeclosure and short sales are more common. Bank-owned homes seem to be everywhere. Housing values.

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Trying to Sell Your House in 7 Days?

HomeLight

Here’s an in-depth look at how you can sell your house in as few as 7 days. Selling your house for cash is a creative way to land a quick sale. By eliminating lender involvement, you open up sales to non-traditional buyers, such as house flippers , buy-and-hold investors , and iBuyers. Close in as little as 10 days.

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Seller’s vs. Buyer’s Market: A Seller’s Guide to Decoding Market Conditions

HomeLight

The number of days on market (DOM), which marks how long a home is on the market before the seller accepts an offer, typically drops. In a balanced market, marketing time typically lasts around six weeks , according to The National Association of Realtors® (NAR). Your bank account will thank you!

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13 Legit We Buy Houses for Cash Companies in Texas That Sellers Love

HomeLight

In Texas, it typically takes around 86 days — nearly three months — to sell a home on the market using an agent. That includes an average of 32 days on market , plus the typical 54 days a buyer needs to close on a purchase loan. Locations: Sugar Land, TX location serving the Houston metro area and beyond.

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Selling a House ‘As Is’ in Wisconsin

HomeLight

Median sales price in Wisconsin. Average days on market for Wisconsin. 46 Days (from listing to contract). There are a lot of hurdles that can come up with financing since it’s the bank buying the house – not the person,” Klaas says. Fast facts about selling a house ‘as is’ in Wisconsin. 265,501 (April 2022).

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

Realty Biz

“Although top sales marks are still being achieved, higher rates are starting to restore balance to the market. Look for fewer bidding wars, more days on market, and a cooling of the growth rate of pricing in the months ahead.”. The mortgage rate is projected to land at 5.3% Short sales and REOs accounted for 0.5%

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