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Real estate agents wonder if inventory levels will ever return to ‘normal’

Housing Wire

Nationwide, pre-pandemic the first week of February typically marks the lowest point for housing inventory during the year, as sellers return to the market in time for spring, but since the onset of the pandemic this predictable trend has been thrown out the window. “

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3 mortgage industry trends that will define the rest of 2021

Housing Wire

But there are definitely a few main things to looks out for — many of which are carrying over from a turbulent 2020 and early 2021 — when it comes to the upcoming landscape for the rest of 2021: Lack of inventory Fluctuating interest rates Increased adoption of technology. Inventory issues. All about the rates.

Mortgage 509
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HousingStack Phase 4: Lead conversion

Housing Wire

Used in conjunction with listing presentations, these tools take recent sales, current inventory and list pricing, market absorption and a variety of other factors into account to help you determine the right price. By far the most popular conversion tools out there are Comparative Market Analysis tools. It can also do a lot more than that.

Tools 240
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Price Adjustments and the 2023 Market

Lamacchia Realty

PRICE ADJUSTMENTS AND THE 2023 MARKET In March 2022, it was clear that the market was changing from a frenzied post-pandemic scene to one where it was assumed that rising mortgage rates would slow it down and help inventory finally rise back up. Inventory didn’t increase at the rate most assumed it would.

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How Many Homes Should I See Before Making an Offer?

Lamacchia Realty

Open minds are key. It is the age of technology, so most buyers see lots of homes online before ever setting foot in an open house or a private showing. While we’ve seen some relief from historically low inventory levels from last year through this past spring, buyers are still dealing with higher competition.

Buyers 69
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Price Adjustments in this New Housing Market

Lamacchia Realty

In early March it was becoming clear that the market was changing from a frenzied post-pandemic scene to one where rising mortgage rates would slow it down and help inventory finally rise back up. For the past few years, with inventory at historically low levels , sellers were coming pretty close to naming their price and buyers were paying.

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5 Interesting Energy Corridor Real Estate Trends

Houston Properties

Property inventories are shrinking. Despite the surge of new construction homes in the area, the Energy Corridor inventory has become one of the tightest in Houston. 2020: America’s Best Real Estate Teams, Best of America Trends. 2020: Best Houston Real Estate Team, Best of Reader’s Choice. lower risk for mistakes.