Remove 2020 Remove Housing Market Remove Inventory Remove Luxury Properties
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While the Austin housing market isn’t sizzling, agents say it is still warm

Housing Wire

It is nearly April, which means temperatures in the Austin metropolitan area are heating up — and so is the housing market. From 2020 until the middle of 2022, the Austin metro area was turning heads for its massive influx of homebuyers and its exponential home price growth.

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Agents in Illinois grapple with the state’s housing inventory shortage

Housing Wire

Despite the population decline, Illinois’ housing market remains relatively strong. The state has an Altos Research Market Action Index score of 44, which is above the national score of 39. Altos considers anything above 30 to be indicative of a seller’s market. It’s depressing,” Laricy said of the downtown market.

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Sales of luxury homes skyrocket in first quarter

Housing Wire

The typical luxury home that was for sale during the first quarter spent 61 days on the market — 38 fewer days than the same period in 2020. When looking at the largest markets in the U.S., the biggest increase in luxury-home sales in the first quarter was Miami, with sales up 101.1% from a year earlier.

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WILL WAR IN UKRAINE IMPACT OUR HOUSING MARKET?

Will Springer Realtor

Without their spirit to rebuild, our thinning housing inventory would be more dire than it is today. In its quarterly survey, NAHB’s Housing Trends Report showed 52% of potential buyers say they can pursue a home in today’s market, a figure that dropped each quarter last year (57% in Q3 2021) and for six consecutive quarters. >>

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How to Sell Your House Fast in Chicago with Targeted Updates and Spot-on Pricing

Chicagoland Appraisal Blog

According to HomeLight’s Top Agent Insights Survey for Q1 2020, 98% of top agents say that buyers prefer neutral colors over bold ones. Whether they realize it or not, buyers are swayed by their first impression of a property. Repaint — ”Especially if the paint is in bad shape or is not a neutral color,” says Westhoff.