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6 strategies to get more from your MLS searches

Housing Wire

It’s time to get more creative, aggressive and profitable with your MLS searches. 6 strategies to actively and creatively mine your MLS 1. Look for new construction, even if your buyers don’t think they will like it. Look at your own past client and sphere of influence list as your private MLS.

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Mortgage rates continue trending down before Christmas

Housing Wire

“A rise in homebuilder confidence , followed by new home construction reaching its highest level since May, signals a response to meet heightened demand as current inventory remains low.” Lower rates will have a positive impact on affordability, Lisa Sturtevant, chief economist at Bright MLS, said in a statement.

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New Construction Up Again, With a Boom Out West

RIS Media

1 issue in many regions and prices largely remaining resilient, homebuilders appear poised to add some much needed new homes to the market, with data showing another uptick in housing starts last month. With inventory back to being the No.

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eXp Realty launches Exclusives app

Housing Wire

The app will also house all of eXp’s active MLS listings and the service is free to eXp Realty agents. At eXp, we firmly believe the highest and best form of marketing a property is placing it in the MLS and exposing it to as many people as possible,” Pareja added.

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Unsold homebuilder inventory is ticking up as new home sales slow

Housing Wire

However, mortgage applications for new home purchases increased 4% between July and August, the strongest pace of sales in three months. Homebuilders are still benefiting from very low inventory of existing homes for sale, which has driven more buyers to consider new construction,” Bright MLS Chief Economist Lisa Sturtevant said.

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US housing market is now worth a record $52 trillion: Zillow

Housing Wire

housing market is back on track , stronger than ever, with a total estimated value of $52 trillion, according to a new analysis by Orphe Divounguy, a senior economist at Zillow Group. Fueling this increase is new construction, according to Divounguy, even though the 1.3% Over the past year, the value of the U.S.

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BrightMLS Issues New Study on Off-MLS vs. On-MLS

Notorious ROB

Last year, I wrote something up on BrightMLS’s Off-MLS Study saying that the conclusions of the report were overstated and based on thin and problematic data. In particular, I had issues with the data presented: Simply put, there is a large discrepancy in the median sale price between On-MLS homes and Off-MLS homes.

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