Empire Appraisal Group

SEPTEMBER 14, 2023

Homes Worth at Least $1M By Kerry Smith While $1M signified luxury property a short while ago, it’s now 8% of the nation’s housing stock – but a large percentage of those homes are still in Pacific Coast states. As a result, inventory dropped so low that buyers still in the market are competing for those few homes that are for sale.

Luxury Properties 78

Luxury Properties Buyers Realtors Inventory 78

Housing Wire

FEBRUARY 8, 2024

Census Bureau , the state lost 32,826 residents from July 2022 to July 2023. 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 398

Inventory Agents Housing Market Luxury Properties 398

Housing Wire

MARCH 29, 2024

Buyers are still buying and sellers are still selling. We definitely noticed a downturn last year, which coincided with interest rates going up, and buyers just put the brakes on things and wanted to wait to see what was going to happen. Michaels also noted that his business is still seeing a steady stream of out-of-town buyers. “We

Housing Market 380

Housing Market Agents Marketing Inventory 380

Will Springer Realtor

FEBRUARY 9, 2024

SPOTTING TRENDS Builders are hearing from prospective buyers: Developers are being asked to create stylish and functional homes with little compromise on size and at lower prices. The Legislature is back at it – this year meeting for a 60-day session – seeking to build upon (no pun intended) the successes of 2023.

Development 36

Development Design Housing Market Real Estate 36

Will Springer Realtor

MARCH 14, 2022

Most home buyers focus on the direction of interest rates. It’s very likely that these reductions are temporary, but since they’re happening as the spring home-buying season is kicking off, they provide a bit of a financial cushion for buyers – especially first-time buyers.”. There is so much at play – and at stake.

Housing Market 36

Housing Market Marketing Real Estate Supply Chain 36

Housing Wire

JANUARY 26, 2024

We’ve all heard the news: over 60,000 real estate agents left the profession in the first half of 2023. Coldwell was named among the 2023 Women’s Choice Award® for “9 out of 10 Customer Recommended Real Estate Agency.” Are you an experienced luxury agent? Do you just want to sell luxury real estate?

Real Estate 397

Real Estate Brokerage Agents Real Estate Agent 397