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Is the savagely unhealthy housing market back?

Housing Wire

Just when I thought days on market were returning to normal, that number for existing homes fell back down to 22 days. If the days on the market are at a teenager level or even lower, it’s never a good sign for the housing market. This is why the days on the market are so low historically after 2020.

Marketing 539
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Xactus targets lenders through active listing data

Housing Wire

Verification solutions provider Xactus wants to court more lenders through its active listing data in a tight housing market. Xactus Wednesday announced its new active listing scan program, which will scan residential addresses for changes in listing status and the average number of days on market for a neighborhood.

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Connecticut Home Sellers Can Expect to Pay These Closing Costs

HomeLight

If you’re selling a home in Connecticut, you should familiarize yourself with closing costs that sellers pay to finalize the transaction. The average closing costs for home sellers fall between 6% to 10% of the home’s sale price. Some closing costs apply to nearly every home sale. Mortgage payoff. Property taxes.

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NSDCC March Sales & Pricing

BubbleInfo

It’s safe to say we’ll never see a March like this again: NSDCC March Sales & Pricing Year March Closings Median List Price Median Sales Price Median Days-On-Market 2015 300 $1,195,000 $1,115,000 48 2016 252 $1,162,500 $1,143,665 50 2017 258 $1,096,500 $1,074,000 45 2018 258 $1,399,000 $1,396,250 16 2019 211 […].

Sales 81
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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 450
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Tips and Strategies For a Successful Spring Home Sale

Realty Biz

According to Zillow, houses listed for sale in the first half of May sell six days faster than average. A survey by Realtor.com disclosed that 50% of homes sold in the spring selling season were on the market for less than a month. Set a competitive price using current market trends by analyzing recent sales data.

Sales 114
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Brand Report: Three Months of Record-Breaking Home Sales

RIS Media

The streak of record-shattering home sales stretched to three months in September, as closings rose 21.1 On average, homes sold in a mere 39 days—a full week faster than in September 2019. percent year-over-year as the number of homes on the market dropped to an all-time low in the 13-year history of the report.

Branding 132