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Urban home values growing faster than ‘burbs in Midwest

Housing Wire

A Zillow report released Thursday shows urban home values in Midwest cities — namely, St. Louis, Cincinnati, Cleveland, Kansas City, Columbus and Indianapolis — have risen faster than suburban home values over the past several months. Today, both sellers and buyers expect to handle a majority of the process online.

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DIY projects to increase your home value

Housing Wire

Installing extra shelves in the bedroom, creating new storage spaces in the garage or adding a cabinet in the kitchen are cost-effective ways to increase home value. . The primary bedroom and bathroom are big-ticket items for potential buyers. The post DIY projects to increase your home value appeared first on HousingWire.

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West Coast tech hubs see home values skyrocket in spring market

Inman

Seasonal price growth is highest in San Jose as buyers compete for extremely limited inventory, according to an analysis by Zillow.

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Do Wood Floors Increase Home Value?

Lamacchia Realty

Do Wood Floors Increase Home Value? If you’re thinking about selling your house, one upgrade that can increase your home’s resale value is hardwood flooring. Potential home buyers may be looking for that extra bit of charm that wood floors offer.

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DataDigest: Yes, buyer agents steer clients, new study claims

Housing Wire

Three researchers believe a first-of-its-kind dataset has enabled them to definitively answer a long-debated question: why have buyer agent commission rates been so stable historically? So how is the uniformity and permanence of buyer agents’ 2-3% rate possible in a free market? One of the researchers, Will Fried, had a hunch.

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Report: Short Commute Isn’t as Important to Home Buyers These Days

Appraisal Buzz

Home values within a short commute of the country’s biggest downtown job centers are growing more slowly than those farther out, a new analysis from Zillow and HERE Technologies shows. Now, homes. The post Report: Short Commute Isn’t as Important to Home Buyers These Days appeared first on Appraisal Buzz.

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Home values have dropped from 2022 peak, opening doors for buyers

Real Estate News

A new Redfin report found the total value of U.S. homes has dropped $2.3 trillion since June 2022, with the biggest declines in the San Francisco Bay Area.