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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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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.

Sales 78
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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.

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