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Redfin: Over half of buyers are going above asking price

Housing Wire

Diving deeper, for the two week period ending May 9, 2021, 57% of homes that went under contract had an accepted offer within the first two weeks on the market. The severe lack of inventory in today’s housing market has been a source of stress for home buyers and real estate agents alike. Presented by: Move Sales.

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A soft landing for the real estate market. What’s next?

Housing Wire

But since January, home buyers have defied all expectations. Sellers have not materialized, and buyers have been buying everything that becomes available. The peak of inventory for 2023 so far was the week of the New Year — that is insane. But buyers are present this year, so prices are not up year over year.

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A look at Knoxville’s hot housing market

Housing Wire

. “I never know how my day is going to go, because when a new listing comes on the market in Knoxville, the race is on. You set your appointments the night before, and when you get there that morning, they might already be under contract.” Presented by: Radian. It’s like a horse race.

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Pending home sales drop, but there’s a silver lining

Housing Wire

But many would-be buyers have also been thwarted by comically low resale inventory, as well as supply chain constraints and escalating materials costs that have made life difficult for homebuilders. All four areas saw contract transactions increase from a year-over-year standpoint. Presented by: Fannie Mae. million in 2020.

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The 22 must-have real estate marketing tools for 2024

Housing Wire

If you target luxury buyers and sellers, it’s worth considering this investment, which also comes with the ability to choose a DIY or done-for-you build-out. Canva is perfect for everything from new listings to brand promotion. You can start for free and explore premium features for more advanced options.

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The Forecast for the Atlanta Real Estate Market in 2024

Hank Miller Team

The high water marks of late spring '22 are visible Rate shocks bottomed in late '22 and over'23 prices climbed back ending up in all categories Peaks to current see about even list prices with 5-5.5 Buyers have largely adjusted to the rates and the expectation is that the Fed will begin cutting by mid year.

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Home pricing rules: don’t go if you don’t know

Housing Wire

Or, are sellers in the subject neighborhood typically settling at about 95% of the list price? How would it compare in the eyes of the buyer? If you’re showing your new listing versus its competition, do you look priced right , overpriced or priced so well you’d be dying to write an offer and snap it up?

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