Remove 2021 Remove Inventory Remove New Listings Remove Renovations
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Raleigh Real Estate Trends + Forecast for 2022

Raleigh Realty

for overall real estate prospects Houses spend less than half the amount of time on the market than in 2021 Houses sell for almost $5,000 less than the national median price Over half of Raleigh residents own their home Raleigh Real Estate Demand Raleigh real estate trends show an increase in demand for housing in The Triangle.

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Will Springer Realtor - Untitled Article

Will Springer Realtor

This year’s “cold down” is stark, with 36% fewer new listings and about 26% fewer homes under contract (Pendings) for all King County home types combined as well as single-family structures alone – and that’s simply from October to November. months of inventory. Inventories across the county for all home types now stand at 2.2

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Cash-Paying Out-of-Towners Frustrate Local Fla. Buyers

Empire Appraisal Group

With so few new listings hitting the market, I expect bidding wars to become more common and involve even more potential buyers as we head into the spring homebuying season,” Redfin chief economist Daryl Fairweather said in a statement. We were fortunate we knew someone who renovates in Boca West. in December.

Buyers 78
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IS THE REAL ESTATE WINDOW CLOSING SHUT?

Will Springer Realtor

This newsletter started 2021 raving about the explosive growth across the Eastside and there is no sign of a letup. New listings are up 6.3% Condo sales are in a similar boat, with new listings higher – by 4.3% across King and up 17% in Seattle and the Eastside – while active listings are falling 3.3%

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IN DIRE NEED OF GENERATIONAL RESPONSE TO HOUSING SHORTFALL

Will Springer Realtor

Many dug into savings and had their homes renovated or repaired. A surprising 3% used the time to build a new house. >> The National Association of Realtors’® top economist forecast 2021 will end the year with 6.1 from April 1, 2020, to the same day in 2021, to 7.77M residents. million home sales. months from 0.5.

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JUST IN TIME: THE 15-MINUTE COMMUNITY

Will Springer Realtor

Well, researchers at realtor.com went a little deeper to find out what those consumers are seeking when looking for a new home. THE ROI OF HOME RENOVATION. For the first quarter of 2021, Pierce County led the way in single-family permit activity, with 1,173, reflecting a 61% increase of the previous year’s quarter.

Buyers 36
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Will Springer Realtor - Untitled Article

Will Springer Realtor

Census data suggest that more than 2M additional homes will reach their “prime remodel” years through 2027 – a time when homes tend to undergo their first major kitchen and bath renovations. such renovations to these homes (between 20 and 39 years old), with about 200,000 of those projects running north of $25K each.