Remove 2019 Remove Home Value Remove Inventory Remove Sellers
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Coastal California metros were the priciest  in March: Zillow

Housing Wire

Home prices are surging in major U.S. metros, with coastal California cities and Seattle leading the charge in monthly home value growth, according to Zillow’s newest market report. These metros also continue to grapple with below-average inventory recovery, maintaining pressure on buyers.

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How the housing market will evolve in 2023

Housing Wire

Inventory What does that mean for housing? Until mortgage rates drop below 5.5%, we can expect low housing supply, which favors sellers. Until then, home values will slowly decline, most assuredly in high-cost areas and in areas of the country that benefited the most from rampant appreciation during the pandemic.

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Borrowers opt for permanent rate buydowns amid affordability challenges

Housing Wire

“On the surface, it may seem the market has been stirred by a full point decline in interest rates and home prices coming off their peaks – but it’s not that simple,” Graboske said. December did see home values post their sixth consecutive monthly decline, and prices at the national level are now 5.3%

Inventory 397
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HousingStack Phase 4: Lead conversion

Housing Wire

The first is listing tools – the products designed for you to convert potential sellers into listing contracts. And the last area is seller tools or companies that help to convert lookers to buyers (I could probably have thought of a better name here). Seller tools / Buyer conversion tools. It can also do a lot more than that.

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The Current State of The Homebuilding Industry

Eppraisal

From COVID-19 interventions to supply chain disruptions to record inflation, the hits kept coming against a real estate market that was already experiencing diminished inventories and a growing pool of buyers. Prior to COVID, i.e. March of 2020, inventory was already falling. Where Have We Been? Where Do We Stand Now?

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2022 Housing Market Predictions: What To Expect

Quicken Loans

In addition, home values and sales skyrocketed. In combination with low housing inventory and labor shortages, that drove up selling prices. For anyone interested in buying a home , real estate is still in high demand. These conditions make a seller’s market, meaning the seller has the upper hand.

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Gaining a Competitive Edge Buying a Home

Eppraisal

It's a sizzling, fast-paced seller's real estate market right now. Due in part to the inventory of available homes for sale being historically low, it was low at the end of 2019 and continues to drop. According to a homebuyinginstitute.com article, in February of 2021, there were fewer home for sale than in February 2020.

Sellers 66