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Market Still Strong as Low Inventory Persists- February Newsletter

DW Slater Company

The past six months have been full of very drastic changes as the rapid mortgage rate increases causing many markets to begin to decline. Some may have a bit of PTSD from the 2008 Housing crash but just know that this is a different market with different factors impacting it. Our markets are still strong.

Inventory 128
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What’s The Leaven Causing Home Prices to Rise Today?

Cleveland Appraisal Blog

Others have expressed concerns that we are headed for a housing crash, like in 2008. Just as different types of leaven can be used to make bread rise, and even change the flavor of the bread, increasing home prices can result from different situations. THE RISE IN HOME PRICES IN THE YEARS LEADING TO 2008.

Inventory 243
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Appraisals – Check the Water Source!

Appraisal Today

PENDINGS AND EXPIREDS, DAYS ON THE MARKET, PRICE CHANGES, ETC. . Today is NOT the same as 2008+, with its massive fraudulent loans made to unqualified buyers. Computer modeling did not predict the 2008 crash. We have never seen a pandemic real estate market before. percent – the highest level since 2008.

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

Assurance Financial

As you might have guessed, the power dynamic leans toward the buyer in a buyer’s market and a seller in a seller’s market. Because in a buyer’s market, there’s more housing inventory and lower prices, giving power to the buyer. Marketing Strategies. What Is a Seller’s Market?