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Spring housing market gets more inventory

Housing Wire

This isn’t saying too much since 2023 had the lowest recorded level of new listings ever, but it’s still a plus in my book.

Inventory 497
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Existing home sales data shows extent of housing inflation

Housing Wire

Existing home sales have more legs to go lower, especially now that new listing data is falling. A traditional primary resident seller is also a buyer, which means if they don’t list, they’re not just taking a potential home to be bought off the table — they’re taking a future sale off the books as well.

Inventory 443
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The standoff between homebuyers and sellers

Housing Wire

There’s a showdown at the housing market corral between homebuyers and sellers. Home prices ebb and flow, pricing was working in the sense that sellers met homebuyers to a degree. To have a balanced housing market, we need active listings to rise yearly, which they typically do; 2020 was an anomaly.

Sellers 498
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My Forbes Column: Keeping Housing Market Results From The Public Is Never Justified: An Expansive View

Miller Samuel

I still have my old monthly MLS books and remember logging on to the MLS from one ancient (even then) terminal in the office - talk about delayed market information! The days on market (DOM) metric is significant to sellers because they don’t want their home to be perceived as overpriced if it sits unsold too long. Only sellers matter?

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Get more real estate buyer leads in 2024

Housing Wire

It offers a multichannel online advertising service that finds and attracts potential leads, leveraging search intent targeting and social information to engage with potential buyers and sellers. Use this tool: SmartZip SmartZip utilizes predictive analytics to identify potential sellers in your area.

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Inventory needs to increase to balance housing market: Fed Beige Book

Housing Wire

While home prices have started to inch down, more inventory is needed for a balanced housing market, the Federal Reserve Beige Book said. Housing markets continued to weaken, with sales and construction declining across [all 12 Federal Reserve] districts,” according to the Federal Reserve Beige Book released on Wednesday.

Inventory 386
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Facing Real Estate Challenges with GoFormz

GoForrmz

From virtual tours to real estate apps, it now takes less time and effort to communicate between sellers and buyers. From ordering food to booking a ride, we can do just about anything at our fingertips. Convert a pdf to a fillable form or easily create a new form from scratch–no code required. That’s where we come in.