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Buyers are being picky — here’s how you can navigate it as a real estate agent

Housing Wire

For what felt like a moment in time, buyers enjoyed the luxury of being incredibly picky, carefully selecting what felt like their dream homes in a market that had shifted towards more favorable conditions. While I hate to be the bearer of bad news, that era is almost most definitely drawing to a close.

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Median Home Prices Hit $405,000 for the First Time

RIS Media

With demand beginning to moderate as some home shoppers are priced out of the market and new construction at near 16-year highs, inventory is expected to hit positive territory year-over-year this summer. New Listings: Change from March 2021: -3.4%. Median Days on Market: Change from March 2021: -11.

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Brand Report: RE/MAX Releases February National Housing Data

RIS Media

from January’s and 42% year-over-year, as buyers continued to close on properties in greater numbers than sellers opted to list their homes. “It’s a complicated, competitive market, with buyers having to act quickly and aggressively to get the home they want. Days on Market – Average of 53 Metro Areas.

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Renting vs Buying in Windsor, CO: Which is Right for You?

Redfin

Competition This summer we have seen demand pick up again and the days on market have significantly dropped, so if you see a home you like, don’t wait too long. Do you want a new construction home or an older property with character? Are you looking for more space or a big backyard?

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Fremont Housing Market Forecast: Will it Crash in 2023 or 2024?

Marco Santarelli

Factors Contributing to the Strong Housing Market High demand: Fremont is a desirable place to live, with good schools, a strong job market, and a close proximity to San Francisco. This metric unveils the average duration a property stays listed before finding a new owner.

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There’s Still a Window of Opportunity To Invest in U.S. College Towns, but Move Fast and Know Where To Look

Realtor.com

But real estate experts who track college town markets say there is still a window of opportunity for investors interested in college towns—if they move fast and know where to look. College towns like Austin and Boulder are seeing strong housing market performance year over year, according to data provided by Realtor.com.

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The Atlanta 2023 Housing Market "at the Half"

Hank Miller Team

Listing inventory down as well, in the mix is the dearth of new construction when builders slammed on the brakes. Still a sellers market, just not as bonkers for buyers. The market is balancing and that is due to interest rates. Closed sales down 27.4 Closed sales down 27.4 Those numbers are rising again.