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A San Diego data dive shows a market upended by tight supply

Housing Wire

The data examined below represents multiple listing service data and mortgage market analytics for San Diego County, as well as the state of California and the country as a whole from 2019 to 2023. With fewer listings to go around, low-producing brokerages were forced out. The number of listings in San Diego fell 50.5%

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Boston is the nation’s hottest housing market

Housing Wire

Although the Greater Boston area may still be plagued by persistently chilly temperatures, its housing market is still red-hot. According to data from Altos Research , the Boston-Cambridge-Quincy, MA-NH metropolitan area was the hottest housing market nationwide as of Feb. Altos considers anything over 30 to be a seller’s market.

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How to prepare a comparative market analysis (CMA) report

Housing Wire

A Comparative Market Analysis (CMA) is a detailed report that helps real estate agents evaluate and determine the market value of a property. A CMA report includes information on similar, comparable properties in the area, including recent sales, active listings and current market trends.

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Download these 9 real estate prospecting letter templates that actually work

Housing Wire

My name is (your name), and I’m a licensed real estate professional with (your brokerage). I can also provide expert advice about renovations and the potential return on investment — where to get the biggest bang for your buck — or simply answer any questions you have about the market. Call or text me with any real estate questions!

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Analyst Logan Mohtashami’s 2023 housing market outlook

Real Trends

Logan digs into the housing market data on pricing, days on market, inventory and demographics to give real estate professionals a real-time look at what’s happening today and how that will play out in the market in 2023. The post Analyst Logan Mohtashami’s 2023 housing market outlook appeared first on RealTrends.

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SmartZip Review: Can data improve your prospecting game?

Housing Wire

If you’re an agent, team or brokerage looking to keep a pipeline of qualified listing leads coming your way, SmartZip may the solution you need. SmartZip uses predictive analytics to pinpoint likely sellers from 6 to 18 months in advance, offering a huge advantage in today’s low inventory market. Automated marketing: Yes.

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Bidding wars are starting to cool off

Housing Wire

For the fifth consecutive month the number of bidding wars on home sales declined, according to a new report from brokerage Redfin. Although this is a clear sign of a slowing market, housing economists say the changes are along the lines of typical seasonal slowdowns. ” Top markets for affordable renovated housing inventory.