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“It seems impossible:” Bergen County, NJ’s housing market is vexing agents and buyers

Housing Wire

Real estate agents in the leafy suburbs of Bergen County, New Jersey say the current housing market — with historically low inventory and record-high prices — is actually more challenging than the multiple offer chaos they sweated through during the pandemic. “At We are still going to suffer from lack of inventory.”

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5 Contingencies You Should Never Remove When Buying a House

Realtor

In our current seller’s market, the national inventory of active listings is down 43.1% year over year, according to the Realtor.com June 2021 Housing Market Trends Report. To help you navigate the world of homebuying contingencies, we reached out to real estate experts to find out which ones should never be waived.

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A look at Knoxville’s hot housing market

Housing Wire

But like the rest of the country, low housing inventory has hit the city hard. The KAAR also said housing inventory dropped for six straight months to start the new year. Knoxville-based builders, however, seem optimistic, according to local real estate agents. year-over-year.

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Agent strategies for getting first-time homebuyers across the finish line

Housing Wire

Up from 45% last year and a notable increase from 37% in 2021, the report also mentioned that this share of first-time homebuyers likely hasn’t been this high since 2010, when there was a first-time homebuyer tax credit. It’s true that first-time buyers make up a larger piece of a smaller pie, as housing inventory shrinks.

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Appraising Real Estate During a Pandemic

Robinson Appraisal Group

While there is nothing else better than an interior inspection to help determine the value, this was the best alternative considering the circumstances. The post Appraising Real Estate During a Pandemic appeared first on The Robinson Appraisal Group, LLC. There is never a dull moment being an appraiser!

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The Hidden Costs of Selling Your Home Without a REALTOR®

Lamacchia Realty

From the Covid-19 driven frenzy in 2020 to the significant inventory slowdown this year , buyers , sellers , and agents have all had adapt and grow comfortable with change. According to the National Association of REALTORS® , 10% of homes sold in 2021 were FSBO. Real estate agents are far more in tune with the current market.

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Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

Houston Housing Market Forecast: Current Data & 2021 Predictions. SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. The debt level, both current and anticipated in 2021, is worrisome. We saw historically low home inventory buoyed by low-interest rates.