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Why the US MLS system is the envy of other countries

Housing Wire

As an Irish immigrant to the United States in 1996 who became a real estate broker in 2000, I can tell you this: The U.S. And on top of all that, any buyer in “contract” can get “gazumped” (contracted price goes up) at any time until the final weeks of that sale agreement. No one helps them with the negotiation process.

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Understanding the E-SIGN Act and What it Means for Your Business

GoForrmz

The Electronic Signatures in Global and National Commerce Act, (E-Sign Act), was signed into law on June 30, 2000 , but it took until 2007 for the Federal Reserve Board to finalize and adopt the detailed rules and standards of legally binding, electronic signatures. President Clinton, 2000. What Is The E-SIGN Act? ” — U.S.

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Crestwood—Neighborhood Analysis of Single-Family Residential Homes (November 2019)

Portland Appraisal Blog

Data was pulled from the year 2000 to the present date. Approximately 3% of sales in the neighborhood were new constructions. For instance, the 50th percentile, or median rank, shows that half of all sales since the year 2000 have been under $279,900. Finally, the “CtL” label stands for “contract-to-list” ratio.

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Continued inventory shortage

Annarbor Appraisal

New construction is simply not meeting the needs of the more modest market, while there is an abundance of properties available over $500,000. There are nine contracted listings in the price range, or 25% absorption, and $300,000 and below there are 93 compared to 77 available, or 54.71% of those properties under contract.

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Far Southwest—Neighborhood Analysis of Single-Family Residential Homes (August 2019)

Portland Appraisal Blog

Data was pulled from the year 2000 to the present date. Approximately 6% of sales in the neighborhood were new constructions. For instance, the 50th percentile, or median rank, shows that half of all sales since the year 2000 have been under $340,350. Finally, the “CtL” label stands for “contract-to-list” ratio.

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Case-Shiller: Home Prices Soar at Record Pace in June

Empire Appraisal Group

in June compared with a year earlier, the largest increase on records dating back to 2000. And the number of contracts signed to buy homes, a leading indicator of final sales, has fallen for two straight months. WASHINGTON (AP) – U.S. The S&P CoreLogic Case-Shiller 20-city home price index soared 19.1% That left just 1.32

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U.S. Housing Market Collapse? Nowhere in Sight

Empire Appraisal Group

Scary times: builders are slashing home prices and slowing construction as buyers pull back, survey shows” (MarketWatch). The housing market is entering the ‘most significant contraction in activity since 2006,’ says Freddie Mac economist” (Fortune). “Homebuilder confidence suffers near-record plunge” (Newsweek).