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New home sales dip 2.5% in June, but continue to be an outsized share of the housing market

Housing Wire

Despite yet another increase in homebuilder sentiment , the sales pace of new homes declined month over month in June, according to data published on Wednesday by the U.S. In June, the sales pace of new homes fell 2.5% On a year-over-year basis, however, new home sales were up 23.8%. compared to June 2022.

Sales 370
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What Will the Real Estate Market Bring in 2024? Market Corrections or Rising Property Prices?

Realty Biz

Only they have access to real estate comps, MLS listings, and local market trends that can help you buy, rent, sell, or invest in residential, commercial, or industrial real estate. Redfin reported that in January 2024, the American median home sale price was approximately $402,000. This average increased by 5.1

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How to Find Out Who Owns Property in Your Neighborhood (Or Anywhere!)

HomeLight

When it comes to property records , you can find out about a home’s sales history, tax history, liens, easements, zoning information, lot size — all of it. These records include: Property sales. a top agent in New Bedford , Massachusetts, the MLS is his favorite sleuthing tool. “I Visit the recorder’s office.

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Interested in selling it like Caballero? Work for a builder

Easy Agent Pro

Every year when Real Trends’ “The Thousand” list comes out, it’s topped by an agent who holds the Guinness World Record for home sales. “He He only sells new-construction residential properties and he works with volume builders only,” according to Katie Warner at BusinessInsider.com. Passionate about new-home sales.

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Why an Economic Downturn Represents the Best Time to Invest in Real Estate

The Close

According to the National Association of Realtors’ latest existing-home sales data , sales are down 23.2% Many people, even real estate agents, don’t realize that there are actually three real estate submarkets happening in the residential space at the same time. Since then, new construction has continued to trail behind demand.

Investor 116
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Top 10 Things Appraisers Wish Real Estate Agents Understood

McKissock

” “That cost does not equal value on homes, and picking comparable sales just to hit contract prices is unethical. ” Appraisers are unbiased and must follow guidelines “I wish they understood that we cannot always ethically hit the sale contract price.” ” “How value is derived.”

Agents 97
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New home sales rebound but homebuilders aren’t smiling

Housing Wire

After a sharp decline in July , new home sales rebounded in August, according to data released Tuesday by the U.S. Sales of new single-family homes in August were at a seasonally adjust annual rate of 685,000, up 28.8%, but down 0.1% However, the faster sales pace was not good news for inventory.

Sales 284