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Residential real estate activity picks up despite low inventory

Housing Wire

Demand from the buyer side has remained steady or increased, however, and new home builders have responded to inventory shortages by increasing speculative inventory production, according to the Federal Reserve Beige Book, released Wednesday. New York – The residential sales market has been strong across the District.

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Seller’s Market 101: Is Your Real Estate Market Hot or Not?

HomeLight

With these restrictions, builders prefer to build large luxury homes or residential complexes instead of more affordable multi-family housing that could accommodate more people on the same plot of land. More than half of those surveyed by Chase bank in 2019 plan to stay in their home, choosing to renovate rather than pack up.

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Austin Real Estate Market & Investment Overview 2020

Marco Santarelli

However, Austin’s engine of job and population growth is not projected to slow down anytime soon—the biggest drivers of residential real estate demand. Austin's immense population growth during the past decade has heavily impacted its real estate market. months across the MSA due to drops in both new and active listings.

Marketing 141
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Minneapolis Real Estate Market & Investment Overview 2021

Marco Santarelli

According to new data from local realtors, seller activity in May grew slightly, up 2.6 Housing demand continues to rise, resulting in a scarcity of available inventory on the market. In May, homes spent a median seven days on market, which is down 56.3 New construction sales dropped 5.5

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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.”. Miami Distressed Sales Keep Dropping, Reflecting Healthy Market Only 1.2% billion to $1.51

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Boise Real Estate Market Trends & Investment Outlook

Marco Santarelli

Median days on market – 5 days (down 10 days). The extreme shortage of existing homes and increasing share of new home sales drove prices up. In Jan 2020, the share of new home sales in Ada County increased by 8.2% About 40% of all home sales were new constructions. compared to last year.

Marketing 138
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Asheville Housing Market 2019: Home Prices & Trends

Marco Santarelli

Trulia has 827 resale and new homes for sale in Asheville, NC, including open houses, and homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. On average, homes in Asheville, NC sell after 65 days on the market. Asheville, NC Foreclosures And Bank Owned Homes 2019. Recently Sold.

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