Remove 2020 Remove Inventory Remove Luxury Properties Remove Sellers
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Agents in Illinois grapple with the state’s housing inventory shortage

Housing Wire

Altos considers anything above 30 to be indicative of a seller’s market. Real estate professionals throughout the state attribute the resilience of the state’s housing market to its perpetually low inventory problem. Like the Chicago suburbs, Peoria’s desirability has put a strain on the city’s already tight housing inventory. “We

Inventory 433
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While the Austin housing market isn’t sizzling, agents say it is still warm

Housing Wire

Buyers are still buying and sellers are still selling. From 2020 until the middle of 2022, the Austin metro area was turning heads for its massive influx of homebuyers and its exponential home price growth. I feel like the market we are in, from an inventory standpoint, feels similar to last year.”

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What Are the Top Luxury Markets in North America Right Now?

McKissock

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. But in 2020 the swing was dramatic, with many markets becoming seller-controlled for the first time in years.

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The best real estate companies to work for in 2024 (+ beyond)

Housing Wire

Although the population is aging, the generations with purchasing power are more and more techie, and brokerages need to keep this at the forefront as they work to attract these younger buyers and sellers. Are you an experienced luxury agent? Do you just want to sell luxury real estate?

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How to Sell Your House Fast in Chicago with Targeted Updates and Spot-on Pricing

Chicagoland Appraisal Blog

Here’s what that means for sellers in the Chicago area: Make key updates if you’re selling a dated home. Last year was a tough market, and the only properties that were moving were the ones that were renovated,” she says. Whether they realize it or not, buyers are swayed by their first impression of a property.

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WILL WAR IN UKRAINE IMPACT OUR HOUSING MARKET?

Will Springer Realtor

Without their spirit to rebuild, our thinning housing inventory would be more dire than it is today. >> In 2020, the share of adults aged 25-34 living at home grew to the highest percentage since 1960: 17.8%. Condo inventory is not much better. After all, they need the most guidance in a challenging sellers’ market.