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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.

Agents 412
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Brand Report: RE/MAX Releases February National Housing Data

RIS Media

The median home price reached $291,000 in February—the highest in the 13-year history of the report—while sales set a new high for the month and inventory continued to drop to record lows. The record February home sales were up 5.7% in the ramp-up toward the seasonally higher sales of spring. in February 2020. .”

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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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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. Low supply: There is a limited supply of homes available for sale in Fremont. This has led to a high demand for homes in the city.

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The Atlanta 2023 Housing Market "at the Half"

Hank Miller Team

Fewer buyers, fewer contract and sales. 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

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

Redfin

With Windsor’s real estate market conditions, you’ll find there are pros and cons to both buying and renting a home, making it that much tougher to decide which option suits your goals. If you’re considering buying a home in Windsor, you’ll see the median sale price for a home is $582,000 as of July.

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How Smart Investors Decipher & Respond to Real Estate Market Cycles

The Close

In any given moment, we can look to certain indicators to suggest what market stage an area may be in: Active housing inventory. Real estate sales by unit. This is because the market is still experiencing a feeding frenzy from buyers and investors looking to cash in on the appreciation from the previous cycle. Housing values.