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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.

Agents 442
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The 2021 housing market recap by Logan Mohtashami

Housing Wire

Housing permits are growing and this is a good thing for the economy and construction jobs. While I have never been a housing construction boom guy because mature economies typically don’t have a construction boom, the fact that permits are keeping their uptrend is a big positive for the United States of America.

Marketing 531
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Limestone Real Estate: Trends & Update 2023

Marco Santarelli

The top public schools in Limestone, TN include those with excellent ratings based on indicators such as test scores, college readiness, and equity data. This suggests that sellers were receiving offers close to their listing prices, indicating a balanced market. Alongside these, there is also 1 private and charter school.

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How Smart Investors Decipher & Respond to Real Estate Market Cycles

The Close

Foreclosure filings begin to increase as financially distressed homeowners no longer have the option to refinance and access their equity, and the tighter market gives them few options to sell or downsize. So they hold out and try to find ways to keep their homes. Often, they wait too long and lose their home in the process.

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Seller’s vs. Buyer’s Market: A Seller’s Guide to Decoding Market Conditions

HomeLight

The number of days on market (DOM), which marks how long a home is on the market before the seller accepts an offer, typically drops. In a balanced market, marketing time typically lasts around six weeks , according to The National Association of Realtors® (NAR). Factors that lead to a seller’s market.

Marketing 109
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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? This situation is also called negative equity.

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Existing-Home Sales: March Posts Second Consecutive Monthly Decline

RIS Media

How the Industry Is Responding: “Consumers are facing much higher home prices, rising mortgage rates and falling affordability; however, buyers are still actively in the market. Days-on-market are swift, multiple offers are prevalent and buyer confidence is rising.

Sales 105