Remove Banks Remove Days on market Remove New Construction Remove Sales
article thumbnail

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. This stage is easy to identify because real estate market appreciation in the area has all but stopped. Rental rates.

Investor 103
article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

HomeLight

An ample supply (lots of homes for sale) and limited demand (fewer buyers) leads to a buyer’s market. Conversely, lack of supply (fewer homes for sale) and abundant demand (lots of buyers) results in a seller’s market. When you’re selling, the type of market you’re in makes all difference to your bottom line.

Marketing 109
article thumbnail

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

HomeLight

Does a ‘Sale Pending’ sign materialize on your neighbor’s yard a few days after a “For Sale” sign appears? If these scenarios ring true, chances are you’re in the midst of a seller’s market. Lack of supply is a significant factor that contributes to a seller’s market.

article thumbnail

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’s existing condo sales decreased 7.9% Single-family home sales decreased 12.3%

Sales 78
article thumbnail

Richmond VA Real Estate Market & Investment Overview

Marco Santarelli

Let’s look at the Richmond housing market trends and forecast before discussing why you should consider investing there. Over the last two years, available homes for sale have dropped by more than half. months, which means that’s how long it would take to deplete the inventory to zero at the current sales pace. percent overall.

Marketing 116
article thumbnail

Boise Real Estate Market Trends & Investment Outlook

Marco Santarelli

The Boise housing market is a scorcher and is being fueled by low mortgage rates and limited supply compared to demand. The overall median sales price, including existing and new home sales, reached $409,945 last month, an increase of 17.2% Typically 5-6 months is considered to be a balanced real estate market.

Marketing 138