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Hit Them With Your Best Shot: How Much to Offer on a Short Sale

HomeLight

But what if it’s a different kind of sale … for example, how much should you offer on a short sale? Enter the short sale : a solution for the seller, and a special opportunity for a buyer. What’s a short sale? Short sales are unique because they require the approval of the seller’s lender.

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Is the Housing Market in a Bubble? How the Indicators Today Compare With the Great Recession

Realtor.com

This time around, there isn’t a glut of available housing, the subprime loans that got so many homebuyers in trouble in the mid-2000s have largely been eliminated, and millions of Americans aren’t likely to lose their homes to short sales and foreclosures. Just three years later, sales bottomed out at 4.11

Marketing 113
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How to Make Money as a Real Estate Agent: 9 Strategies to Earn More

The Close

These ads direct potential sellers to Market Leader’s landing page and potential buyers to your personally branded, IDX search-enabled site. Ben Caballero , the most successful real estate agent in the world in terms of closed sales for the last decade, works exclusively with developers on new construction projects.

Agents 105
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Existing home sales fell in June while monthly median sales price spiked

Housing Wire

With positive inflation news and a strong labor market, the possibility that the Fed will be able to bring the economy in for a “soft landing” is improving. Meanwhile, individual investors or second-home buyers, who make up many cash sales, purchased 18% of homes in June, up from 15% in May and 16% the previous year.

Sales 344
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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.

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

HomeLight

A strong economy, reticent home sellers, and lagging new construction all contribute to a seller’s market. Too few resale homes for sale. But when new builds can’t keep up, whether due to labor and lumber limitations or land shortages , the result is the same: fewer homes for buyers to choose from. Increased buyer demand.

Marketing 109
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Rethinking Class B Multifamily Supply Risk

A Student of the Real Estate Game

Construction/Technological Innovation : High construction costs is one of the biggest constraints to developing more workforce housing. However, innovations in construction such as prefab and robotics are leading to reduced costs and timelines. We’re beginning to see robots introduced to traditional construction sites.