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Median income earners can only afford 25% of current listings

Housing Wire

households earn $75,000 or less, meaning that in a balanced market, 51% of the homes for sale would be affordable to buyers in this income bracket. Based on the report, the housing market needs an additional 319,460 listings priced under $256,000 in order for the market to be balanced. Over half (51%) of U.S.

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Market Madness: 8 Housing Markets We’d Place Big Bets on in 2024

BiggerPockets

It’s March Madness season, so we thought we’d create a bracket of our own, pitting some of the best real estate markets against each other to see which one will […]

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What the Biden tax plans mean for the housing market

Housing Wire

Industry participants should keep a close eye on these proceedings, understanding the broader context of the debate with respect to the budget, the level of revenues needed to finance government spending, the distribution of tax liabilities, and the specific provisions which may impact real estate market.

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The Loan Officer’s Guide to Appraisals Part 5:  What is bracketing and why do we do it?

Riverfront Appraisals

The post The Loan Officer’s Guide to Appraisals Part 5: What is bracketing and why do we do it? So far in our series, we’ve looked at final inspections, lending on unique homes, communication with the appraiser, and reconsiderations of value. So if this is […]. appeared first on Riverfront Appraisals.

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As title insurance volume shrinks, workers take on more tasks

Housing Wire

However, 67% of respondents are over the age of 45, with the largest age brackets being 45-54 and 55-64 at 28% each. The second largest age bracket was 35-44 at 19%. According to the report, 76% of respondents are female, while only 21% are male.

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Price Adjustments in this New Housing Market

Lamacchia Realty

Consider the Price Brackets. Along with comps and the Target Pricing Model, price brackets are a helpful tool to use when adjusting the price of your home. Simply put, lowering your price to the next bracket will expose your home to those people searching within that next price range.

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What has prompted the luxury housing market's surge?

Mortgagebroker News

Canadian markets saw significant increases in sales activity across all luxury price brackets last year