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Existing home sales data shows extent of housing inflation

Housing Wire

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. from July to a seasonally adjusted annual rate of 4.80 million in August.” All in all, the report looks right to me.

Inventory 444
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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. Use this tool: Zillow Zillow is not just a platform for property listings; it’s also a fantastic lead generation tool. Canva is perfect for everything from new listings to brand promotion.

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The Current Colorado Housing Market and Predictions for 2024 and Ahead

Movoto

If you’re new to the process, you can follow our home-buying checklist to learn how to prepare and use a mortgage calculator , among other tools, to calculate a reasonable budget before moving to Colorado. New listings are seemingly surging. Because of demand, new houses emerging on the market tend to sell with ease.

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Will Springer Realtor - Untitled Article

Will Springer Realtor

SETTLEMENT FOLLOW-UP A judge has preliminarily approved the $418M antitrust class-action settlement involving sellers’ compensation to brokers/agents in residential real estate sales. News of the settlement and its impact topped last month’s newsletter. Details still need to be ironed out, but U.S.

HOA 36
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CAN HOUSING SHORTAGE CATCH UP TO EASTSIDE DEMAND?

Will Springer Realtor

The number of new and active listings (still on the market on May 1) is trending higher in King month-to-month, but since June 2021 Pending sales (homes going under contract) for all residential units in the county have declined compared to the same month the year before. List price: $3.495M ($782/sq. bath , 6920 sq.

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CITIES FACE DAUNTING OFFICE-VACANCY CHALLENGE

Will Springer Realtor

The county saw the combined number of single-family, townhome and condo listings increase in June by 4.4% While that percentage may appear strong, it’s nothing compared to the April-to-May rise of 18%, signaling a probable cooling of new listings going forward. New single-family-home listings rose 3.8%

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RISING INFLATION, RATES TRIP UP HOUSING MARKET

Will Springer Realtor

The King County housing market has seen inventory increase by 55% in the past month, while the number of homes going under contract fell 22% from May to the lowest June level since 2011. While the number of new listings in June jumped 8.2% LUXURY LIVING King County is well known for its amazing mid-century modern homes.