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I’d list my home, but where would I move?

Housing Wire

Stop answering clients’ concerns by saying, “Yeah, there’s really nothing on the market, I mean everything in the MLS is already pending. Build a home instead of chasing after the scarce resale inventory 30% of available homes are new construction, so there are several advantages to this option. range currently!

Equity 278
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NO HOUSING INVENTORY? Don’t Panic, We All Need Milk…

Lab Coat Agents

Until I saw this incredibly surprising graphic: This graphic depicts the number of TOTAL LISTED UNITS ( RED ) in the Garden State MLS (covers much of Northern NJ) in relation to the number of UNDER CONTRACT UNITS ( BLUE ) & SOLD UNITS ( GREEN ) for May of 2019, 2020 & 2021. million homes.”

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Real Estate Pending Vs. Contingent: MLS Lingo Explained for Sellers

HomeLight

That’s why it’s important for your real estate agent to keep your property’s status up to date, both in the multiple listing service (MLS) that agents cooperatively use, as well as in online marketplaces, which pull data from the MLS. What other MLS statuses do agents use? Closed”- Consider these listings sold.

MLS 92
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How Smart Investors Decipher & Respond to Real Estate Market Cycles

The Close

Foreclosure filings begin to increase as financially distressed homeowners no longer have the option to refinance and access their equity, and the tighter market gives them few options to sell or downsize. Further out, suburban areas begin to lose value as homebuilders continue to overbuild because new construction timelines are longer.

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23 ways to find off-market, hidden inventory

Real Trends

Stop relying only on your MLS. Get more creative with your MLS searches. If your buyers keep losing out to multiple bids, search your MLS using the same criteria, but for homes that have been on the market for more than 60 days, more than 90 days, etc. It may be time to discuss having some flexibility. Bring something of value.

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Best Real Estate Websites For Buyers And Sellers In 2020

Marco Santarelli

It is more than a website for letting you browse property listings, though its large MLS database is reason enough to make it to this list. As a seller, you can get more out of your home equity by selling for more in a hot market and for a low listing fee. We list it here because of its massive, free data sets. Pic Credits: MLS.com.

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How to Sell a House by Owner in South Carolina: A FSBO Guide

HomeLight

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot South Carolina real estate market and a steep rise in equity added extra incentive to maximize profits.