Remove 2007 Remove Contracts Remove Market Value Remove Realtors
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Price Adjustments in this New Housing Market

Lamacchia Realty

That’s because fewer homes are being placed under contract. Your home is priced much higher than properties in your area Your REALTOR® will complete a comparative market analysis of the homes sold in your area in the 2-3 months. If three weeks go by, contact your REALTOR® to discuss an adjustment on the list price.

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When Will This Market Change?

Lamacchia Realty

A housing crash on a chart looks like what you see in January of 2005-January of 2007; that spike in available inventory of homes for sale means supply is high and demand is low. Since early March, about 40% of the homes that are for sale are going under contract within a week. week supply of homes on the market. Average Prices.

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Buyer’s vs. Seller’s Market: How to Tell the Difference

Assurance Financial

Conversely, seller’s markets enable sellers to ask for more money and encourage bidding wars, giving them the power. Marketing Strategies. Marketing a home in a buyer’s market vs. a seller’s market requires different tactics. Tidying your house may even encourage higher offers.

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FED’S ACTIONS TAKE STEAM OUT OF HOUSING MARKET

Will Springer Realtor

housing market is experiencing a price “correction,” defined as a 10% price drop from its most recent peak. Waller went on to say this adjustment is in no way like the horrific housing/financial crises of 2007-2010. Our market cooled faster than any other in the nation, according to one report. . >>