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

Toronto Realty Blog

950/sqft for construction costs. In the meantime, I’ve been monitoring pre-construction condo prices just to see what developers think they can charge, and by association, just how much they might need to charge in order to make a project viable, and I remain absolutely astounded. Imagine that? Where are they now?

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What is MLS? Multiple Listing Service Explained

Redfin

While first-time homebuyers and even seasoned homeowners might have heard of MLS, they may not be familiar with the role it plays throughout the home buying and selling process. Understanding how the MLS factors into the process can help you get the most out of your purchase or sale. What an MLS is and how it works. What is MLS?

MLS 72
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How to Do a Comparative Market Analysis: A Step-by-Step Guide

The Close

A comparative market analysis (CMA) determines the market value of a property by comparing it to similar properties that have recently sold, as well as to those currently listed for sale. How to Do a Comparative Market Analysis in 7 Steps. It’s also a tool for buyer’s agents advising their clients to make competitive offers.

Marketing 105
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Brand Report: Three Months of Record-Breaking Home Sales

RIS Media

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. Days on Market – Average of 53 metro areas. The highest days on market averages were in Miami, Fla.,

Branding 133
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How Smart Investors Decipher & Respond to Real Estate Market Cycles

The Close

I bought my first investment property at 21 years old, before I really understood the potential impact of real estate market cycles. But it took time and experience to figure out the particular moments in a real estate market cycle that are better for different types of investing. Understanding Real Estate Market Cycles.

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Brand Report: RE/MAX Releases February National Housing Data

RIS Media

. “It’s a complicated, competitive market, with buyers having to act quickly and aggressively to get the home they want. Conditions seem to be keeping some potential sellers on the sidelines, but that could change if or when they see more move-up options on the market. Days on Market – Average of 53 Metro Areas.

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Understanding a CMA in Real Estate is Crucial

Realty Biz

Whether you are a buyer, seller, or newly licensed real estate agent, it is crucial to understand a comparative market analysis (CMA) and how it works. Agents use a comparative market analysis to find what a home is currently worth. The comparative market analysis provides data so buyers and sellers can make sound decisions.

Agents 122