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Why Austin home prices remain stubbornly high

Housing Wire

Looking at Altos Research data on home prices, inventory and days on market over the past five years, Austin’s meteoric rise during the pandemic era — and its abrupt cooldown after mortgage rates started to rise in May 2022 — are evident. Contrast that with June 2022, when the average was a mere 29 days. higher than 2019 prices.

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Fed’s Beige Book shows recent moderation in mortgage rates propped up demand for homes

Housing Wire

Moderation in mortgage rates led to a pickup in demand for residential real estate, but limited inventories across the country hindered actual home sales , the Federal Reserve reported in its Beige Book survey of regional business contacts that was published Wednesday. Days on market increased slightly but remained below historic averages.

Mortgages 430
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The nation’s housing market is on a correction course

Housing Wire

Boston — First District [Boston] contacts reported that higher mortgage rates had led to somewhat cooler demand for residential real estate, resulting in increased inventories in recent months. Cleveland — Residential construction and real estate activity softened further amid rising interest rates. Rents rose modestly.

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Real estate newsletters: The ultimate playbook (+ 49 topic ideas & subject lines)

Housing Wire

Client Type Former client (buyer) Former client (seller) Referral Online lead Acquaintance Colleague or former colleague Property Interests Luxury buyer or seller Vacation property Land Investor Investor Commercial Single-family homebuyers Condo buyers Price Range Purchase budget Selling price Client Journey First-time homebuyer Downsizing Growing (..)

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Selling a House ‘As Is’ in Tennessee

HomeLight

Fast facts about selling a house ‘as is’ in Tennessee Median sales price in Tennessee $371,900 (November 2023) Average days on market (DOM) for Tennessee 48 Disclosures “The Residential Property Disclosure Act in Tennessee Code Annotated § 66-5-201 to 210 requires most sellers of residential real estate to complete a disclosure statement.”

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Hottest Real Estate Markets in Maine: Top Locations for 2024

Marco Santarelli

Maine's Hottest Real Estate Markets Understanding Maine's Real Estate Market Dynamics Maine's real estate scene is unique. Unlike some areas prone to wild swings, Maine boasts a more stable yet competitive market. It's a family-friendly option that's increasingly popular.

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Most Expensive Houses in Louisville, Kentucky

Louisville Homes

I love land as much as the next guy but we are here to see the over-the-top house pics. Cumulative Days on Market 182 120 205. It’s also interesting to note that while the current Days on Market for all homes sold in Jefferson County was just 31 (wow!) Most Expensive Houses in Louisville. million in March.

Land 105