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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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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

According to new data from local realtors, seller activity in May grew slightly, up 2.6 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

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Miami Real Estate Market & Investment Overview 2020

Marco Santarelli

The median sale price was $346.5K. On average, homes in Miami, FL sell after 93 days on the market. The trend for median days on market in Miami, FL has gone down since last month, and slightly up since last year. More detailed Miami housing market trends and forecasts are given below. Closed Sales.

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Asheville Housing Market 2019: Home Prices & Trends

Marco Santarelli

On average, homes in Asheville, NC sell after 65 days on the market. The trend for median days on market in Asheville, NC is flat since last month, and slightly down since last year. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in July 2019.

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Las Vegas Real Estate Market 2020 Overview

Marco Santarelli

In July, the median sales price of previously owned single-family homes, which comprises of the bulk of the Southern Nevada's housing market, increased to $330,000, a year-over-year increase of 8.9 Closed sales increased by 34.9 of the homes were on the market 30 days or less. It was a 1.5 There is a now 1.4

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