Remove Closing Remove Days on market Remove MLS Remove New Construction
article thumbnail

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.

article thumbnail

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. Even a few bank-owned homes are starting to show up in the MLS. If stage 5 is the safest opportunity for investors to take a chance on a real estate market cycle, then stage 8 is the opposite.

Insiders

Sign Up for our Newsletter

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

article thumbnail

9 Steps to Writing a Real Estate Business Plan (+ Templates)

The Close

THE CLOSE RECOMMENDATION: If you’re looking for a leg up when it comes to understanding who you are as a real estate professional and building out your personal brand, check out Ryan Serhant’s course called How to Build Your Personal Brand. Market Opportunities (any observed imbalances in supply and demand).

Brokerage 105
article thumbnail

Richmond VA Real Estate Market & Investment Overview

Marco Santarelli

Housing data collected by the Richmond Association of REALTORS® through Central Virginia Regional MLS. Forbes ranked Richmond, Virginia at #8 in their list of “15 Housing Markets That Are Hot in 2020.” New Listings are up by 15.2%. New Listings are up by 10%. Closed Sales are up by 20%. percent overall.

Marketing 116
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 Distressed Sales Keep Dropping, Reflecting Healthy Market Only 1.2% decrease from 94 days.

Sales 78
article thumbnail

San Antonio Real Estate Market & Investment Overview 2020

Marco Santarelli

Before this pandemic hit the nation, even though the San Antonio housing market had cooled off a bit, the home values were expected to climb but at a slower pace in 2020. Home buying activity this June surpassed the figures of last year's June—displaying a positive outlook for the housing market in San Antonio and the surrounding area.

Marketing 124
article thumbnail

Baltimore Real Estate Market Trends & Investment Overview 2021

Marco Santarelli

The median days on market was 5 in Baltimore County and 8 in Baltimore City. Here are the latest monthly real estate trends for Greater Baltimore (the city and surrounding suburbs in Baltimore County) published by GBBR REALTOR® (based on listing activity from Bright MLS, the multiple listing service serving Baltimore).