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How Smart Investors Decipher & Respond to Real Estate Market Cycles

The Close

Therefore, in this article we will explore common real estate market cycles and the indicators you can look for to better understand which market stage your area is in. Understanding Real Estate Market Cycles. 8 Stages of Real Estate Market Cycles. Real estate markets are cyclical. Stage 1: The Turn.

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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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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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Pittsburgh Housing Market: Prices | Trends | Forecasts 2022

Marco Santarelli

On average, homes in Allegheny County, PA sell after 57 days on the market. The trend for median days on market in Allegheny County, PA has gone up since last month, and slightly down since last year. What Makes Pittsburgh Real Estate Market Attractive For Investment? There are 151 cities in Allegheny County.

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When Is the Best Time to Buy a House in Texas?

HomeLight

Spring (good selection) Spring is second only to summer in inventory and price for the housing market, although, in Texas, early to mid-autumn can also be a busy time for real estate. Even during the early stages of the pandemic, September was becoming a busy month for housing sales in Texas. Hurricanes hurt sales.

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I Need to Sell My House Fast in San Diego: What Are My Options?

HomeLight

We use the information you provide about your home plus local neighborhood data to get you an all-cash offer within a week, allowing you to close in as little as 10 days. Receive your offer within a week and close in as little as 10 days. It’s one of the fastest, most convenient ways to sell a house in San Diego.

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When Is the Best Time to Sell a House in Texas?

HomeLight

This post gives you a closer look at the best time to sell, market trends you need to know about, and insider tips to help you sell your Texas home faster and for more money. The current average days on market ( DOM ) — from listing to signed contract — for the state is around 34 days. Texas housing trends. Brent Germany.

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