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Existing home sales data shows extent of housing inflation

Housing Wire

With the home-price growth we had in 2020 and 2021, my five-year price-growth model that I set for 2020-2024 of 23% was already smashed in just two years. From NAR Research : “Total existing-home sales notched a minor contraction of 0.4% Existing home sales have more legs to go lower, especially now that new listing data is falling.

Inventory 458
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Remove all bathtubs from home?

Appraisal Today

I’m always looking for something new = Shifting Tides in the Housing Market: A February 2024 Perspective By Kevin Hecht Excerpts: As we navigate through the early months of 2024, the U.S. A1: Back Half of 2024? – My wild guess is that rate cuts will be in the back half of 2024. Not in March. Not in June.

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29 Cutting-Edge Real Estate Marketing Ideas for 2024

Housing Wire

Use this tool: Coffee & Contracts Coffee & Contracts is like a membership-based social media toolkit for real estate agents. Learn more Create listing alerts for buyers The most effective real estate marketing ideas today are all about smart, automated lead nurturing. Use drone photography OK, hear us out.

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ROOTING HARD FOR LOWER MORTGAGE RATES

Will Springer Realtor

The Federal Reserve recently updated its forecast, hinting at a potential decrease of about 75 basis points (0.75%) in its short-term lending rate by the year’s end – promising news for borrowers in 2024. 1, that requires buyers wishing to work with a licensed real estate broker to sign a services contract.

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Smart Tools for Success: Top Apps for Real Estate Investors

Listing Spark

For both new and experienced real estate investors, this bodes well for the 2024 market. Modern real estate investment apps allow you to assess the market in real time, communicate at lightning-fast speeds with other parties in your organization, and get business done faster than ever right from your phone.

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Will Springer Realtor - Untitled Article

Will Springer Realtor

Every key data point from the Northwest Multiple Listing Service (MLS) gained ground against the previous month – as often happens with the spring housing season taking stride – including the number of new and active listings, homes going under contract and final sales. Prices rose, too, to near-record highs.

HOA 36
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Will Springer Realtor - Untitled Article

Will Springer Realtor

They have also been spending oodles of money to shape their residences to meet new living needs – modern and spacious, when possible – as households live in their homes for longer. month backlogs of contract work, as of Q4 (latest data available), which is down from the peak of 4.8 annually in home improvements across the U.S.,