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How Smart Investors Decipher & Respond to Real Estate Market Cycles

The Close

Further out, suburban areas begin to lose value as homebuilders continue to overbuild because new construction timelines are longer. Builders experience an increase in failed sales due to move-up purchasers not being able to sell their existing homes. Preforeclosure and short sales are more common.

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

HomeLight

To help us understand both buyer’s and seller’s markets, we spoke with top real estate agent Kim Rock. The 13-year industry veteran has a track record for selling homes fast — her listings close 65% quicker than the average Philadelphia agent. Seller’s market: The odds are in your favor. Factors that lead to a seller’s market.

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Selling a House ‘As Is’ in Wisconsin

HomeLight

“Either there are a couple of issues with the house that they want to disclose but not necessarily repair or they’re selling a house as part of an estate sale and don’t know a lot about it.”. HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Median sales price in Wisconsin.

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Flipping Houses in New York: 5 Cities to Consider

HomeLight

With more than 17 years of experience in the Syracuse market, Frank Procopio has closed nearly 600 real estate transactions and has personal experience flipping houses, as well as working with investors and homebuyers who are actively flipping houses in the area. That limits your risk and your days on market.

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

Realty Biz

Look for fewer bidding wars, more days on market, and a cooling of the growth rate of pricing in the months ahead.”. Second-Best May Sales Month in History Miami’s total closed sales in May 2022 outperformed nearly every other May in history despite higher mortgage rates, lower supply, and higher sale prices.

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Minneapolis Real Estate Market & Investment Overview 2021

Marco Santarelli

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 Condo sales rose 98.3 Townhome sales increased 13.6 Traditional sales rose 16.6 Foreclosure sales were down 35.8 Short sales fell 63.6

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Scottsdale Housing Market: Prices | Trends | Forecast 2021-2022

Marco Santarelli

Homes typically sell after 42 days on the market. The median days on market in Scottsdale, AZ has remained stable over the last month and slightly decreased over the last year. Maricopa County Housing Sales. Pending Sales Count went up 19.6%, from 7,687 to 9,196. The median price of a home sold was $715,000.