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Facing Real Estate Challenges with GoFormz

GoForrmz

In 2021 , we saw houses receive multiple offers and sell for thousands of dollars over asking price within hours. From virtual tours to real estate apps, it now takes less time and effort to communicate between sellers and buyers. Convert a pdf to a fillable form or easily create a new form from scratch–no code required.

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Higher rates flip the homebuilders’ fortunes (again)

Housing Wire

I wouldn’t read too much into the fact that this new home sales report beat estimates, but I would say that in the future, if mortgage rates get back toward 6%, the homebuilders have creative ways to sell their homes that the existing home seller might not be inclined to do. They will build as long as new home sales are growing.

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Logan Mohtashami’s 2023 housing market forecast

Housing Wire

Price growth was unhealthy in 2021, and it was savagely unhealthy in the first few months of 2022. In 2021, my bond forecast range was 0.62%-1.94%, and we reached a high of around 1.76% that year. However, weeks after that call, the new listing data started to decline noticeably, which makes that call much harder to happen in 2023.

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December Real Estate Market Update

Listing Spark

Across the major markets in Texas, our December real estate market update shows clear data points that we are ending the year in one of the strongest seller’s markets we have seen in modern history. . Median Sales Price: $270,000 (up 12%) Closed Sales: 9,660 (up 28.1%) Active Listings: 29,948 (down 27% from this time last year) 2.2

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The nation’s housing market is on a correction course

Housing Wire

Homes listed for sale are increasingly seeing asking-price reductions, and both construction and home sales — both existing and new — are slowing.”. in 2021, Freddie Mac reports. trillion in 2021,” the agency’s quarterly forecast states. Supply chain disruptions and cost inflation moderated somewhat for new homes.

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Texas Real Estate Trends: Q3 2023 Comprehensive Review

Listing Spark

From late summer of 2022 to now, the Texas real estate market has experienced one of the most unpredictable corrections in recent history, leaving a lot of home-buyers and sellers scratching their heads and trying to make sense of what is going on. The big twist? A sharp increase in interest rates.

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King County Home Buyers and Sellers in ‘Re-Evaluation’ Mode

Will Springer Realtor

Sellers, too, are waiting for the easing of rates before looking for their next home, as estimates show 60% of today’s homeowners possess a mortgage with an interest rate of 4% or less. The single-family housing market is sluggish, as many prospective buyers and sellers have chosen to focus on enjoying the many weeks of beautiful weather.

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