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Residential real estate activity picks up despite low inventory

Housing Wire

Residential real estate activity picked up in most Districts despite continued low inventories of homes for sale,” the report states. In return, the lack of inventory of homes for sale pushed demand for rental properties in some areas — including New York, Chicago, St. Louis, Kansas City Federal Reserve districts.

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How to Do Real Estate Market Analysis in 2023?

Marco Santarelli

This increased population growth creates demand for more local housing which helps push property values and rental rates up, in addition to an ongoing need for good residential housing stock. Industry Diversification A market with a diversified range of industries offers less market volatility in harder economic times or recessions.

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Will the Housing Market Maintain Its Momentum?

Keeping Current Matters

Last week’s Existing Home Sales Report from the National Association of Realtors (NAR) shows sales have dropped by 3.7% This is the second consecutive month that sales have slumped. Some see this as evidence that the red-hot real estate market may be cooling. It shows that newly constructed home sales are up 20.7%

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There’s Still a Window of Opportunity To Invest in U.S. College Towns, but Move Fast and Know Where To Look

Realtor.com

But real estate experts who track college town markets say there is still a window of opportunity for investors interested in college towns—if they move fast and know where to look. College towns like Austin and Boulder are seeing strong housing market performance year over year, according to data provided by Realtor.com.

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There’s Still a Window of Opportunity To Invest in U.S. College Towns, but Move Fast and Know Where To Look

Realtor.com

But real estate experts who track college town markets say there is still a window of opportunity for investors interested in college towns—if they move fast and know where to look. College towns like Austin and Boulder are seeing strong housing market performance year over year, according to data provided by Realtor.com.

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Montgomery Alabama Housing Market: Prices & Trends 2022

Marco Santarelli

The median sales price in the Montgomery area was $215,000 in March 2022 , an increase of 10.8% The median home sale price — is the midway point of all the houses or units sold over a period of time. There is an acute shortage of inventory in the Montgomery area housing market. Following seasonal trends, sales increased 23.7%

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2022 Housing Market Year In Review: Looking Back on a Historic Year

Redfin

In March, the median sale price rose 16.8% Despite a quickly cooling housing market, prices are still higher today than any previous year on record. . The median sale price of a home in San Francisco was $1,505,000 in 2022, up 0.3% Median sale price. The median sale price for a home in Detroit was $165,000 in 2022, up 3.3%