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Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

Houston Housing Market Forecast: Current Data & 2021 Predictions. Concerned about a housing market crash? SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. 2020 was the best year in American history for personal income. So, what did they do?

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Price Adjustments in this New Housing Market

Lamacchia Realty

That’s because fewer homes are being placed under contract. 2018 and 2019 depict the paths of what was a ‘typical’ market prior to the pandemic. 2020 and 2021 did see slight hills and valleys but nothing as intense as the years prior. The post Price Adjustments in this New Housing Market appeared first on Lamacchia Realty.

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DataDigest: The pandemic housing frenzy never went away in these markets

Housing Wire

But there are still ultra-competitive markets in America where those conditions will simply be offset by rising prices. You may have seen a picture making the rounds on Housing Twitter and LinkedIn recently. It shows about 50 people waiting in line at an open house in Mount Laurel, New Jersey.

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Are You A “Want-To-Be” Seller in 2022?

Lamacchia Realty

There are questions about housing market health and what the market is actually doing. Inventory started low in 2020, and then dropped even lower in March 2020 during the stay-at-home mandates. If both parties are flexible and work together it makes things a lot easier for sales to happen.

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Can 3-D printed homes help solve the housing crisis?

Housing Wire

In 2020, we estimate that there were only 65,000 new entry-level homes completed, less than one-fifth of the entry-level homes constructed per year in the late 1970s and early 1980s.” Then, there was an $11,000 financing cost, a $49,000 tab for an open house and general expenses, and $28,000 toward a real estate agent’s sales commission.

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What could the spring 2021 housing market have in store?

Housing Wire

Shelter-in-place directives proliferated across many communities and open houses canceled. The once-promising 2020 spring home-buying season, possibly the best since before the Great Recession, was slowed to a snail’s speed. But what does next spring’s housing market have in store? appeared first on HousingWire.

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6 Reasons Why Now Is a Great Time to Sell Your Houston Home

Houston Properties

months of single-family homes for sale — the lowest amount on the market than at any time in the last 14 years. My last three listings have received a combined 14 offers and gone under contract, on average, within 4 days. Read more about my custom marketing plans ). "I Houston has 3.7 year-over-year. Prices are rising.