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

Redfin

Since the early 2000’s there have been many new home communities that have allowed for growth in the area, but that growth is also supported by a variety of industries, including many companies in the green sector. Do you want a new construction home or an older property with character?

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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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The Atlanta 2023 Housing Market "at the Half"

Hank Miller Team

Several West Coast markets tanked for reasons not fully discussed, most are still trying to find solid ground. This region is diverse in employment, continues to grow the film and media industry and is a landing spot for many new college grads. Still a sellers market, just not as bonkers for buyers. Closed sales down 27.4

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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. Affordability, along with new industry and jobs, has made the area an attractive place to live. When the news gets out, people from outside the area begin to migrate in.