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Buyers are being picky — here’s how you can navigate it as a real estate agent

Housing Wire

With the coming together of interest rate drops, the persistent, continued low inventory levels and 2023 being recorded as the slowest year for U.S. Well into January, we are already seeing properties go under contract in the first weekend with multiple offers. Will we get more inventory? The strategy has changed for buyers.

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Tight inventory and frustrated buyers challenge agents in Virginia

Housing Wire

No matter where you are in the state, real estate agents in Virginia are facing low inventory conditions that are creating frustrating scenarios for their buyers. “I For Matt Salway in the Virginia Beach metro area, the tight inventory conditions are creating a rather hot market.

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Two home offices? Real estate agents dish on the latest must-have amenities

Housing Wire

As Americans ditch urban cores for roomier abodes in the suburbs, real estate agents say the list of must-haves has changed: buyers are looking for pools, home offices and makeshift learning centers. In Dallas, even though demand is through the roof and inventory is low, buyers remain choosy. The post Two home offices?

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The evolution of the more productive real estate agent 

Housing Wire

Bonnie Williamson never intended to be a real estate agent. As more and more people enter the real estate industry – membership at the National Association of Realtors has ballooned to a record 1.6 For brokerages – and agents themselves – transaction sides and sales volume are easy ways to measure productivity.

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No seasonal slowdown this year as real estate agents report a busier-than-usual fall

Housing Wire

” Kanacki’s market, like many others, remains competitive as buyers continue to experience bidding wars amid historically low housing inventory and an uptick in home prices. “I 20, the National Association of Realtors said that contract signings were up 23% year over year. Over the last four weeks ending on Sept.

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Pending home sales slowed considerably in April: NAR

Housing Wire

“The impact of escalating interest rates throughout April dampened home buying, even with more inventory in the market,” NAR chief economist Lawrence Yun said in a statement. New-home sales , which are also based on contract signings, fell 4.7% New-home sales , which are also based on contract signings, fell 4.7% In March , U.S.

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Zillow: Over half of our iBuying inventory is on the move

Housing Wire

Zillow said Thursday that more than 50% of its remaining iBuying inventory “has sold, is under contract to sell or has reached agreement on disposition terms.”. The over 50% inventory being moved is more than half of the 18,000 number, a company spokesperson said Thursday. billion as of Sept.

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