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5 predictions for the 2022 housing market

Housing Wire

More inventory is expected from three sources: new single-family construction, ‘pent up’ sellers who had delayed selling during the pandemic and will be ready to move in the spring and borrowers who had exited from forbearance but continue to struggle to remain current. 2022 should be a strong year for housing.

Marketing 545
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6 Simple Graphs Proving This Is Nothing Like Last Time

Keeping Current Matters

New construction isn’t making up the difference in inventory needed. Some may think new construction is filling the void. Looking back at the bubble years, house prices exceeded house-buying power in 2006, but today house-buying power is nearly twice as high as the median sale price nationally.”. Bottom Line.

Equity 318
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AI for Real Estate Agents: How To Leverage Data-Driven Insights

Lab Coat Agents

For example, it might detect that home values are set to rise by 5% over the next year due to an expanding job market, limited new construction, or increasing demand from remote workers seeking suburban lifestyles. This can lead to win-win solutions like short sales or creative financing options.

Agents 64
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Real Estate Pending Vs. Contingent: MLS Lingo Explained for Sellers

HomeLight

Home sale contingency This contingency can arise when a buyer must sell their current home before buying yours. Some MLSs limit “coming soon” status to 21 days unless the property is new construction or undergoing major renovations without occupancy. Closed”- Consider these listings sold. How does a listing status get changed?

MLS 105
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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.

Marketing 111
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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. June 2019 was $225.

Marketing 104
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Just Sold by DWELL

Dwell Real Estate

June 2020 15719 SEATON PLACE, BRADENTON Sold By: James Tassell | Built Price: $559,892 New Construction by Lennar/WCI Communities in Country Club East at Lakewood Ranch. 601 17TH AVE E, PALMETTO Sold By: Cathy Loeppke | Built Price: $567,640 New Construction, Correggio Model built by Lennar/ WCI Communities in Sanctuary Cove.