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Will Springer Realtor - Untitled Article

Will Springer Realtor

.” Bough presided over a trial last year that ended in a $1.8B (yes, with a “B”) verdict against the National Association of Realtors® (NAR). We are seeing more homes for sale in submarkets – except for Mercer Island and Woodinville, where active listings are down 30%+ – compared with a year ago. The listing video is mesmerizing.

HOA 36
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June 2022 South Florida Housing Report

Lamacchia Realty

It also looks at other metrics like New Listings and New Pending Sales as they are often the best indicators for predicting future trends in the market. Broward County single family and condo/townhome closed sales, new listings, and pending sales decreased. With fewer buyers in the market (i.e.,

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Signs of Inflation Expand Well Beyond Housing Prices

Will Springer Realtor

More buyers are making larger down payments. Buyers in the U.S. home was $313,000 through February, a sharp 16% higher from a year ago, according to the National Association of Realtors® (NAR). >> Through February, the number of existing home listings across the U.S. million new homes as of the start of this year.

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RISING INFLATION, RATES TRIP UP HOUSING MARKET

Will Springer Realtor

Even stock investments, the source of many down payments for buyers, have taken a heavy blow. Any prospective home buyer working outside the tech sector may be watching from the sidelines until the economy becomes less volatile. FOR FIRST-TIME BUYERS, NOW WHAT? The portion of first-time buyers among the pool of U.S.

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FED’S ACTIONS TAKE STEAM OUT OF HOUSING MARKET

Will Springer Realtor

At least buyers will have more options and time to weigh their decision to purchase a home – but at what cost to the bottom line? The next 12-24 months are likely going to be quite a challenge for prospective buyers. >> About six out of 10 Hispanic American buyers are searching for their first home, nearly double the U.S.

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CAN HOUSING SHORTAGE CATCH UP TO EASTSIDE DEMAND?

Will Springer Realtor

That’s where buyers are paying about 42% more in their monthly mortgage payments for the same house today than they did a year ago. Sidenote: Adjustable-rate mortgages (ARMs), which typically have lower interest rates than fixed-rate mortgages, have become an attractive option for new buyers financing a home.

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Millennials Expected To Maintain Real Estate Buying Intensity

Will Springer Realtor

Amid the challengers for buyers, there is an expectation for housing activity to continue puffing its Thomas the Tank Engine without a misfire – at least through early summer – before possibly lowering a gear. One of the reasons for the continued home-sales intensity – in any season – is a key group of “newbuyers.