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Existing home sales data shows extent of housing inflation

Housing Wire

Today the National Association of Realtors reported that existing home sales fell once again to 4.80 With the home-price growth we had in 2020 and 2021, my five-year price-growth model that I set for 2020-2024 of 23% was already smashed in just two years. jump from August 2021 ($361,500), as prices ascended in all regions.

Inventory 434
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29 Cutting-Edge Real Estate Marketing Ideas for 2024

Housing Wire

New findings from the National Association of Realtors (NAR) show a fresh picture of who’s buying and selling homes, with more first-time buyers entering the market and families looking for homes that fit multiple generations. Ideal for realtors looking for functionality without a big price tag.

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CAN HOUSING SHORTAGE CATCH UP TO EASTSIDE DEMAND?

Will Springer Realtor

The latest survey took place June 2020-October 2021 and asked 2700 adults in King, Pierce and Snohomish counties. >> >> In a survey of about a thousand professionals working full-time from home, half said they would look for a new job with remote options if their current employer required a return to the office full-time.

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RISING INFLATION, RATES TRIP UP HOUSING MARKET

Will Springer Realtor

The second half of the year will look much different than 2021. home sales has fallen from 31% in May 2021 to 27% today. The median income for Millennials who are actively buying or intend to buy a home soon is about $82K, according to the National Association of Realtors® (NAR). FOR FIRST-TIME BUYERS, NOW WHAT? in our region.

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IS THE HOUSING MARKET HEADED FOR A CRASH?

Will Springer Realtor

Is this the beginning of a housing bubble, 2021-style? “I One survey estimated Americans’ personal savings increased 15% in a year (April 2021), down from a high mark of 28% a month earlier. >> The National Association of Realtors® revised its economic forecasts for 2021 – and things are looking up.

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JUST IN TIME: THE 15-MINUTE COMMUNITY

Will Springer Realtor

“We envision a country where no matter where you live, or who you are, you can enjoy living in a place that is healthy, prosperous and resilient,” Calvin Gladney, CEO of Smart Growth America, told a group of Realtors® in D.C. >> CoreLogic’s newly released Homeowner Equity Report for the first quarter of 2021 shows U.S.

Buyers 36
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HINTS OF SHARP INCREASE IN NEW CONSTRUCTION

Will Springer Realtor

The company forecasts an 8% YoY increase in new communities for 2021 across the U.S. Others – Meritage Homes (+20% YoY in 2021) and Tri Point Homes (+15-30% YoY in 2022) – expect tremendous growth of new communities. And many of the new projects are larger than in years past. Active listings as of Sept.