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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

The number of days on market (DOM), which marks how long a home is on the market before the seller accepts an offer, typically drops. In a balanced market, marketing time typically lasts around six weeks , according to The National Association of Realtors® (NAR). Factors that lead to a seller’s market.

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Miami Real Estate Posts 10th-Highest Total Home Sales Month in History

Realty Biz

“Although top sales marks are still being achieved, higher rates are starting to restore balance to the market. Look for fewer bidding wars, more days on market, and a cooling of the growth rate of pricing in the months ahead.”. The total economic impact of a typical Florida home sale is $112,500, according to NAR.

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Minneapolis Real Estate Market & Investment Overview 2021

Marco Santarelli

According to new data from local realtors, seller activity in May grew slightly, up 2.6 Housing demand continues to rise, resulting in a scarcity of available inventory on the market. In May, homes spent a median seven days on market, which is down 56.3 Condo sales rose 98.3 Townhome sales increased 13.6

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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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Las Vegas Real Estate Market 2020 Overview

Marco Santarelli

Many variables could potentially impact the value of a home in Las Vegas in 2020 (or any other market) such as big changes in the distressed, new-construction, or luxury home segments. There are also a wide variety of economic and political factors that can and do impact real estate markets. Median days on market is 30.5

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Phoenix Real Estate Market & Investment Overview 2020

Marco Santarelli

The average new list prices are up +15.7% The average sales price is up +14.6% The median sales price is up +12.5% Days on market were down -8 days year-over-year while month-over-month were down -1 days. Phoenix Real Estate Market Forecast 2020 – 2021. Short sales dropped -38.1%

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