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Buyers are being picky — here’s how you can navigate it as a real estate agent

Housing Wire

home sales in nearly 30 years as high mortgage rates frustrate buyers, the market is reshaping real estate once again, placing buyers on the back foot and swinging the pendulum back to favoring sellers. The changing tides Previously, buyers were able to look for over a month, as average days on market continued to climb.

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How Do Pre-Construction Condo Prices Look In This Market?

Toronto Realty Blog

And upon speaking to a rep for one of Toronto’s largest developers yesterday, I learned that this $950/sqft figure is real, and it’s spectacular! 950/sqft for construction costs. This is why so few developers are buying land right now, and even fewer are building. Imagine that? Where are they now?

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21 Marketing strategies to freshen up a stale listing

Real Trends

A home that might have sold for over-list price in less than a day with multiple offers a few months ago — even with bad iPhone photos and monstrous dust bunnies under the coffee table — is going to need a little more love now that we are feeling a market shift , seeing increased days on market and inventory is growing. .

Marketing 104
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Fed’s Beige Book shows recent moderation in mortgage rates propped up demand for homes

Housing Wire

Most expect their pipeline of contracts to keep construction busy through the year. Cleveland: Residential construction contacts reported that demand increased as mortgage rates declined. Days on market increased slightly but remained below historic averages. Residential construction costs started to moderate this period.

Mortgages 421
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There’s Still a Window of Opportunity To Invest in U.S. College Towns, but Move Fast and Know Where To Look

Realtor.com

College towns like Austin and Boulder are seeing strong housing market performance year over year, according to data provided by Realtor.com. In Boulder, the median listing price for all property types is up 20% year over year, and median days on market is down 17%. At the time of sale, it was nearly 100% leased for fall 2020.

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How to Do a Comparative Market Analysis: A Step-by-Step Guide

The Close

Days on market. A solid comp is a property that has been: Sold in the last 12 months (or, in fast-moving markets, the last six months) Near to your subject property on the map Closed within a reasonable number of days on market and sale terms. At a minimum, you’ll need the following: copy to clipboard.

Marketing 105
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There’s Still a Window of Opportunity To Invest in U.S. College Towns, but Move Fast and Know Where To Look

Realtor.com

College towns like Austin and Boulder are seeing strong housing market performance year over year, according to data provided by Realtor.com. In Boulder, the median listing price for all property types is up 20% year over year, and median days on market is down 17%. At the time of sale, it was nearly 100% leased for fall 2020.