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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 419
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The 2021 housing market recap by Logan Mohtashami

Housing Wire

Retail sales have been off the charts, job openings are at 11 million, GDP growth picked up big time and jobless claims hit a level last seen in 1969. The housing market didn’t crash at all, in fact, more Americans bought homes with mortgages in 2021 than in 2020. However, not only did the U.S. These households got sub-3.5%

Marketing 528
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What Is a Housing Bubble?

HomeLight

More houses for sale: An increasing number of listings can signal a cooling market. Increase in speculative investing: Investors are trading in high-risk assets , focusing on big returns by leveraging market fluctuations. Overbuilding and bidding wars: Too much construction and competitive offers drive prices higher.

Equity 105
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Existing-Home Sales: March Posts Second Consecutive Monthly Decline

RIS Media

March experienced a decline in existing-home sales—the second consecutive dip, according to the National Association of REALTORS® (NAR). Year-over-year, existing-home sales increased 12.3%; however, since last month, total existing-home sales decreased 3.7% For condos and co-ops, existing-home sales increased 1.4%

Sales 102
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Sell Your House Fast in Miami: Expert Strategies for a Quick Sale

HomeLight

If you need to sell your house fast in Miami, whether you’ve inherited a property, you’re relocating for work, need to cash out your home’s equity fast, or are looking to put a divorce behind you, the two best strategies are: 1) seek out a cash offer, or 2) work with a top real estate agent.

Sales 90
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Our 19-point house-hunting checklist for real estate agents & their clients

Housing Wire

There are typically groups for garage sales, individual neighborhoods, groups just for parents, etc. They will no doubt build plenty of equity over the next few decades. Buyers should enter negotiations with one of two mindsets, depending on days on market and whether there are other offers in hand. Stick to the budget.

Agents 396
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Miami Real Estate Posts 10th-Highest Total Home Sales Month in History

Realty Biz

Miami-Dade County real estate posted its 10th-highest total existing home sales month in history and its second-best May sales month ever, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system. Miami’s existing condo sales decreased 7.9% Single-family home sales decreased 12.3%

Sales 78