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How Smart Investors Decipher & Respond to Real Estate Market Cycles

The Close

Further out, suburban areas begin to lose value as homebuilders continue to overbuild because new construction timelines are longer. Builders experience an increase in failed sales due to move-up purchasers not being able to sell their existing homes. Preforeclosure and short sales are more common.

Investor 103
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Selling a House ‘As Is’ in Wisconsin

HomeLight

Median sales price in Wisconsin. Average days on market for Wisconsin. 46 Days (from listing to contract). MLS has field to mark a listing “as is”? Fast facts about selling a house ‘as is’ in Wisconsin. 265,501 (April 2022). Disclosures. Is a real estate attorney required? Wells, septic systems, storage tanks.

As-is 113
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Flipping Houses in New York: 5 Cities to Consider

HomeLight

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. That limits your risk and your days on market. That limits your risk and your days on market. Find a Buyer's Agent What is house flipping?

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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. The total economic impact of a typical Florida home sale is $112,500, according to NAR.

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Scottsdale Housing Market: Prices | Trends | Forecast 2021-2022

Marco Santarelli

Homes typically sell after 42 days on the market. The median days on market in Scottsdale, AZ has remained stable over the last month and slightly decreased over the last year. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in August.

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Asheville Housing Market 2019: Home Prices & Trends

Marco Santarelli

On average, homes in Asheville, NC sell after 65 days on the market. The trend for median days on market in Asheville, NC is flat since last month, and slightly down since last year. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in July 2019.

Marketing 104
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Detroit Michigan Housing Market: Trends & Forecast 2021-2022

Marco Santarelli

The median sale price was $95,000. On average, homes in Detroit, MI sell after 60 days on the market. The trend for median days on market in Detroit, MI has gone up since last month, and slightly up since last year. Following the real estate market decline in 2007 in the U.S., Graph Credits: Realtor.com.

Marketing 112