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Louisiana’s housing market has an insurance problem

Housing Wire

After heating up like the rest of the country, the Louisiana housing market has continued to cool since interest rates began to rise in the second half of 2022. In addition to helping current buyers, agents are also working with past clients to help them manage their homeowners insurance costs.

Insurance 380
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The Bay Area is the country’s 4th-hottest housing market

Housing Wire

As of March 29, the San Francisco-Oakland-Fremont metropolitan area was the fourth-hottest housing market in the country. The Bay Area metro had a 90-day average Market Action Index score of 61.19, according to data from Altos Research. Altos considers anything above a Market Action Index of 30 to be a seller’s market.

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“It seems impossible:” Bergen County, NJ’s housing market is vexing agents and buyers

Housing Wire

Real estate agents in the leafy suburbs of Bergen County, New Jersey say the current housing market — with historically low inventory and record-high prices — is actually more challenging than the multiple offer chaos they sweated through during the pandemic. “At as of March 6, 2024. “We There is nothing to show.”

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The 2022 housing market: A tale of two halves

Housing Wire

Marty Green thinks of the housing market in 2022 as two very different movies. ” Houses were selling at a fever pitch in a matter of days, with multiple offers, waived contingencies and buyers paying $100,000(!) But the housing market in the second half of 2022? over asking price. High octane stuff.

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Educate your clients on down payment assistance programs

Housing Wire

But, what are they exactly and how can we help our clients utilize them? This is where we as Realtors are ready to educate our buyers with information and help clients find the right path(s) to alleviate financial burdens by providing funds to cover a portion of the down payment. What are down payment assistance programs?

Clients 351
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Working with buyers in the nation’s hottest housing market

Housing Wire

Austin, Texas might be the hottest housing market in the country. Garrett said aside from cash buyers, he also has clients who have money to offset any appraisal gap. It is just a super tight housing market. Even clients with homes priced over $1 million have seen up to five offers this year, she said.

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Navigating appraisal challenges in today’s housing market

Housing Wire

HousingWire recently spoke with PCV Murcor Founder, President and CEO Keith Murray and COO Cindy Nasser on how the appraisal process can be streamlined in today’s tight housing market. . KM: First and foremost, our commitment to providing exceptional service and partnership to our clients.