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5 predictions for the 2022 housing market

Housing Wire

2021 was an extraordinary year for the housing market: mortgage rates at an all-time low, record high annual growth in single-family prices and rents, lowest foreclosure rates in a generation and the largest number of home sales in 15 years. In addition, more for-sale inventory will likely be available on the market.

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6 Simple Graphs Proving This Is Nothing Like Last Time

Keeping Current Matters

Mortgage standards are nothing like they were back then. During the housing bubble, it was difficult not to get a mortgage. percent from 2001 to 2003 for the whole mortgage market.”. New construction isn’t making up the difference in inventory needed. Some may think new construction is filling the void.

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8 reasons we won’t have housing inventory armageddon any time soon

Real Trends

Are we on the all-new crazy train, destined to crash off the cliff in a pile of short sales and foreclosures? Are distressed sales headed to your market? The headlines say that the influx of active listings will drive prices down, reduce the velocity of sales and, consequently, wreck the market.

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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. Miami’s existing condo sales decreased 7.9% Single-family home sales decreased 12.3%

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

HomeLight

Financing contingency Sometimes called a mortgage contingency , this specifies that the deal hinges on the buyer securing their loan. Home sale contingency This contingency can arise when a buyer must sell their current home before buying yours. Closed”- Consider these listings sold. How does a listing status get changed?

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Seller’s vs. Buyer’s Market: A Seller’s Guide to Decoding Market Conditions

HomeLight

A strong economy, reticent home sellers, and lagging new construction all contribute to a seller’s market. Too few resale homes for sale. With competing buyers and rising home prices, you could net more than what recent sales in your neighborhood suggest. Factors that lead to a seller’s market.

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Asheville Housing Market 2019: Home Prices & Trends

Marco Santarelli

Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in July 2019. Following the housing market decline in 2007, single family rental properties became favorable options for investors, saving in construction or refurbishment prices. Homes for Sale in Asheville.

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