Empire Appraisal Group

SEPTEMBER 14, 2023

Homes Worth at Least $1M By Kerry Smith While $1M signified luxury property a short while ago, it’s now 8% of the nation’s housing stock – but a large percentage of those homes are still in Pacific Coast states. As a result, inventory dropped so low that buyers still in the market are competing for those few homes that are for sale.

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Housing Wire

FEBRUARY 8, 2024

Real estate professionals throughout the state attribute the resilience of the state’s housing market to its perpetually low inventory problem. Inventory is almost nonexistent,” said Melissa Kingsbury , a Redfin agent who works in the southwest suburbs of Chicago. “If As of Feb. Across the state, as of Feb.

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McKissock

APRIL 13, 2021

Their choice of parameter to measure performance was guided by the escalating number of luxury property sales and the importance of understanding this impact on the level of inventory available. King County, Washington. But in 2020 the swing was dramatic, with many markets becoming seller-controlled for the first time in years.

Marketing 64

Marketing Luxury Properties Inventory Appraisal 64

Chicagoland Appraisal Blog

APRIL 3, 2020

in 2019 over the previous year, perhaps an effect of high property taxes, falling population, and an excess of homes after the mid-2010s construction boom. Whether they realize it or not, buyers are swayed by their first impression of a property. “Generally, the higher the price point, the longer the time on the market.”.

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Real Estate Agent Architecture Modernization Buyers 78

Will Springer Realtor

MARCH 14, 2022

off their 2022 high of 3.92% (the highest level since May 2019). Without their spirit to rebuild, our thinning housing inventory would be more dire than it is today. In addition, average profit increased a whopping 45% in one year ($64,900) and 71% since 2019. with equity-rich property owners, according to ATTOM.

Housing Market 36

Housing Market Marketing Real Estate Supply Chain 36

Will Springer Realtor

FEBRUARY 9, 2024

The figure is a 20% jump from 2019 and represents 43% of all city households, the sixth-highest total in the nation. BY THE NUMBERS >> Seattle jumped five notches between 2019 and 2022 among big U.S. of resold properties. >> Total inventory remains low, however, keeping prices higher on an annual basis.

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