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Could New Construction Help Level Out the Market?

RIS Media

If you’ve spent any time watching the real estate market this year or working in the field, you know we’re navigating one of the hottest seller’s markets on the books, and new construction has been an ongoing challenge. Falling Lumber Costs Could Level Out the Market. Will the result take immediate effect?

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Rent growth shows little fluctuation in January: Redfin

Housing Wire

While rent growth was positive in January, it remains a far cry from the double-digit growth recorded during the early stages of the COVID-19 pandemic. An abundance of new apartments recently hit the market, giving renters more options to choose from. Meanwhile, more apartments are under construction. The median U.S.

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Improving your bottom line at HW Annual

Housing Wire

In this tight market cycle, strategic operational decisions can be the difference between success and failure. At HousingWire Annual 2023, attendees will get the inside scoop on the strategies that operational leaders, like Sarah Gonzalez, rely on to grow their businesses in any market. How are you driving your LOs to up their game?

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NAR’s Lawrence Yun predicts lower rates, 15% jump in existing-home sales in 2024

Housing Wire

Although high mortgage rates, elevated home prices and limited housing inventory have crippled the 2023 housing market, the outlook for 2024 is brighter, according to Lawrence Yun, chief economist with the National Association of Realtors (NAR). “The bond market is forcing the Fed to pivot.”

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New Year, New Home? 9 Myths About Buying a New-Construction House That Actually Aren’t True

Realtor.com

Getty Images Many first-time homebuyers might shy away from the prospect of buying a brand-new home, assuming: It will cost too much. While purchasing new construction is indeed different from purchasing previously owned property, many misconceptions abound about new builds. New construction homes are more expensive.

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Opinion: why innovation in a builder matters to homebuyers

Housing Wire

The real estate industry is in the stages of a seismic shift to fully digital experiences. A new generation of digitally native homebuyers and sellers are expecting online experiences , in every type of transaction, and more convenient and seamless ways to find, tour, purchase, and sell homes on their own terms.

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Benefits of Investing in New Construction Real Estate

Norada Real Estate

When it comes to investing in residential real estate, there are only two basic types of property you can invest in – new construction and resale. New construction properties are those that are purchased directly from the builder or developer who constructed the property. In short, they are considered brand new.