Days on market is a ‘mess.’ Should there be a national policy?

Inman

Connect Now MLS & Associations Select Cloud CMA cma comparative market analysis days on market dom Katie Smithson MLS policy NAR national association of realtors Real Estate Standards Organization Rene Galicia reso sam debord w&r studios

Homesnap launches AI-powered tool that predicts days on market

Inman

Select Technology AVM days on maket guy wolcott home search homesnap John Mazur Sell Speed zestimateSell Speed, the proprietary algorithm comprised of hundreds of up-to-the-minute data points, is available in beta for Homesnap Pro and Homesnap Pro+ users.

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In Which I Solve the Days On Market “Mess”

Notorious ROB

Over at Inman, there’s a great writeup of a truly inside baseball topic: the confusion and controversy around Days On Market. Andrea Brambila wrote the report on a panel discussion between Sam Debord of RESO, Rene Galicia of NAR, and Katie Smithson of W+R Studios.

December home value growth shatters records: Zillow

Inman

Markets & Economy Select austin boston chicago home value growth Jeff Tucker los angeles low inventory market low mortgage rates median days on market pending sales phoenix rent growth rental market salt lake city san diego san jose seattle Sun Belt washington d.c.

September was a record-breaking month for prices, sales and speed

Inman

Rising home prices, increasing sales and fewer days on market characterized a historic September in the United States, according to a report issued Monday by Redfin.

Homes sold faster in October than September for first time since 2011

Inman

Markets & Economy Select danielle hale days on market fall homebuying season home prices home sales realtor.comFor the first time in nine years, homes sold faster in October than September as low-interest rates continue to unlock pent-up buyer demand.

Home sales experienced record gains in October: Redfin

Inman

Home sales shot up 24 percent in October from the previous year on a seasonally adjusted basis, the largest increase since Redfin began tracking the data in 2012.

Sales 89

September is no longer the best month to buy a home

Inman

Markets & Economy Select best time to buy a home boston buyer competition Cambridge Camden cincinnati danielle hale days on market low inventory new listings activity newton philadelphia realtor.com Wilmington

Affordability trumps wildfire risk for homeowners on West Coast

Inman

Markets & Economy News Brief Select california climate change Daryl Fairweather days on market median home prices oregon Redfin washington wildfires

Sarasota's 10 Most Expensive Sales in 2020

Dwell

In March, Realtors felt certain COVID-19 was going to soften and slow down the market but quite the opposite happened. 139 S WASHINGTON DR Sold Price - $11,000,000 Bedrooms - 5 Bathrooms - 6/1 Square Feet - 7,817 Year Built - 1936 Days on Market - 63 Neighborhood - St. 2020 was an unforgetable year and a rollercoaster from start to finish. In fact, these top 10 sales averaged a higher sale price and square footage than the top sales we blogged about in 2019.

Nearly 400K Fewer Homes Listed Due to the Pandemic

Dwell

Since the beginning of the COVID pandemic in March, nearly 400,000 fewer homes have been listed on realtor.com compared to last year, according to realtor.com’s Weekly Housing Report from Sept. As a result, realtor.com home prices are accelerating at twice the pace they did last year, and homes are selling an average of 12 days faster. In Florida, the listing decline on realtor.com ranges from a 14.9 On average, U.S. How much has the U.S. housing inventory declined?

Palomar Carmel Valley

BubbleInfo

They listed this model home for $4,098,000 and it went pending in the first seven days on market (currently pending). The post Palomar Carmel Valley appeared first on bubbleinfo.com. Bubbleinfo TV Carmel Valley Jim's Take on the Market

Signs of Frenzy

BubbleInfo

Last month’s average days-on-market was 38 days, and the median was 14 days! […]. The post Signs of Frenzy appeared first on bubbleinfo.com. Frenzy Jim's Take on the Market

Brand Report: RE/MAX National Housing Report for January 2021

RIS Media

That followed four consecutive months of year-over-year sales increases of 19% to 22% on the heels of pandemic lockdowns. Uncommonly low interest rates, the ascent of the millennial homeowner and the prospect of working from anywhere are converging to shape a housing market unlike any other.

JUST SOLD – St. John’s Townhouse

The Living Room

Portland’s single family housing market is on fire! The condo market…not so much. From August to October, North Portland condos averaged 62 days on market, selling at 96.6% John’s Townhouse appeared first on Living Room Realty.

Brand Report: RE/MAX Says Home Sales Sizzle Amid All-Time Low Inventory, Rising Prices

RIS Media

August also set new report records for lowest inventory and days on market as well as highest median sales price. percent and marked the third-highest total in the report’s 13-year history covering 53 metro markets. Days on Market – Average of 53 Metro Areas.

Here are 2020’s hottest housing markets according to ZIP code

Housing Wire

Compared to last year , the housing market this year has seen some big changes. Realtor.com released its hottest ZIP codes of 2020 report on Tuesday, which revealed that more towns in the Northeast made the list than last year.

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.

Friday Update

BubbleInfo

days on market. The post Friday Update appeared first on bubbleinfo.com. 2021 About the author Carlsbad Jim's Take on the Market Market Surge Why You Should List With JimFriday Wrap-Up!

The housing market is hot, but not in a bubble

Housing Wire

Days on market fell from 36 days to 21 days on a year-over-year basis. The housing market is hot. You may be told that future moderation indicates “cracks in the housing market, but don’t buy into it.

Brand Report: RE/MAX National Housing Analysis for November 2020

RIS Media

The housing market continued its extraordinary half-year run of high activity, with November 2020 home sales up almost 20 percent over November 2019—establishing a new high for the month in the 13-year history of the report. Days on Market – Average of 52 Metro Areas.

The Real Seattle Housing Market Report | Home Prices and Trends

Mandrona Group

SEATTLE HOUSING MARKET. Get the average home price, days on market, inventory, professional opinion, video, infographic and more. King County Home Information Market Reports Real Estate Blog Seattle Home Information

5 Luxury Real Estate Markets on the Rise

Luxury Real Estate Blog

As the “work from anywhere” revolution carries on, the luxury real estate market continues to see a rise in popular leisure locales where residents have seized the opportunity to buy and relocate in areas away from the urban office. Average Days on Market: 195 – 22.3% ?.

Utah Real Estate Update for November 2020

Luxury Real Estate Blog

Welcome to our year-in-review snapshot of Utah's real estate market for the month of November 2020. From Park City to Southern Utah, we've taken a look at average selling prices, days on market and price per square foot to give you a pulse of current market demand and conditions.

MLS 52

Realtor.com® December Housing Report: Existing Inventory Hits All-Time Low

RIS Media

“Looking forward, we could see new lows in the next couple of months as buyers remain relatively active, but a surge of new COVID cases may slow the number of sellers entering the market. Home prices continue on an upward trend. 28 days). 23 days). 23 days).

Brand Report: RE/MAX National Housing Report for October 2020

RIS Media

And across 52 markets, the average of 38 days from listing to contract marked the fastest pace of any month in the report’s 13-year history. “The housing market continued its remarkable run in October, driven by high demand and historically low interest rates.

COVID couldn’t stop the U.S. housing market in 2020

Housing Wire

This also closed the books on 2020’s housing market as we finished out the year at 5,640,000 total existing-home sales — a 5.6% The COVID crisis of 2020 was responsible for a lot of abnormal metrics in the housing market.

Iron Valley Announces New Franchise Agreement

RIS Media

“The Greater Orlando area is one of the hottest seller’s markets in the nation. The average number of days on market is the lowest it’s been in years, and most homes are receiving multiple offers. It’s a very strong market, and we are excited to be a part of it.” “The day the agreement was signed, we got hit with over a foot of snow.”

Brand Report: July Home Sales Jump 8.7% Despite Low Inventory, Ending Recent Skid

RIS Media

July’s market was blistering hot despite the lowest Months Supply of Inventory (1.7 July set a report record for most home sales in any month among the report’s 53 metro markets. “Home sales typically peak in May or June, but this year we’re seeing an overlap of the spring and summer markets. Days on Market averaged 44, an increase from 43 the previous July. Days on Market – Average of 53 metro areas.

Zillow: Mid-Sized Markets Leading in Growth

RIS Media

Now, however, according to Zillow , mid-sized cities such as Boise, Syracuse and Portland, Maine are now leading the country as “top markets poised for growth.” The analysis considered several factors, such as market demand, continued opportunity for growth, recent and forecasted home value growth, the share of homes sold above list price, and days on market. The post Zillow: Mid-Sized Markets Leading in Growth appeared first on RISMedia.

Park City Real Estate Market Update – Spring 2020

Luxury Real Estate Blog

Questions and opinions about the Park City real estate market seem to be uttered nearly as frequently as the latest news on the pandemic, the two of which are admittedly intertwined. Prices remaining on the rise is great news for sellers.

Zillow Predicts Market Slowdown on Its Way

RIS Media

Is the market frenzy coming to an end? According to Zillow’s Weekly Market Report for the week ending Sept. 26, “tapering pending sales and minimal recent growth in list prices point to an overdue seasonal market slowdown.”

3 Tips to Get a Difficult Listing Sold

RIS Media

If you have a tough listing that keeps acquiring more and more days on market, it can be frustrating for both you and your seller clients. That’s why we sat down with national real estate coach Sherri Johnson to get her advice on how to get a difficult listing sold.

Los Angeles County Real Estate Market Update | July 2020

First Team Real Estate

The most impressive metric from the Los Angeles County real estate market report is a jump in median sale prices. There were 9,031 active properties last month and an expected days on market of 39 days across the county.

Park City Housing Market Update – June 2020

Luxury Real Estate Blog

A busy spring evening on Park City’s iconic Main Street. The Park City housing market is also experiencing a rebirth. We have brought three new listings to market in the last two weeks, one of which went under contract the same day, and there are five more listings in the works.