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Invest in real estate, not the stock market

Housing Wire

The stock market is a funny game. Not the kind of game that the rookie Game Stop investors are used to playing, but a real-life, action-packed, form of entertainment that toys with millions of Americans’ emotions and finances every day. The stock market is at an all-time high, finishing 2020 at record levels. The stock market.

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What’s influencing the increase in REO acquisitions?

Housing Wire

HousingWire: According to ATTOM Data Solutions‘ latest foreclosure market report, bank repossessions climbed 9% in the first half of 2023 compared to the first half of 2022. The good news for homeowners is that home values in most areas remain stable, and inventory levels for homebuyers are still low.

Inventory 373
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First-time buyers need to earn $64,500 to afford a typical starter home

Housing Wire

New listings of starter homes dropped 23% from a year earlier in June, the biggest drop since the start of the pandemic, the report found. Meanwhile, the total number of starter homes on the market is down 15%, also the biggest drop since the start of the pandemic. The typical U.S. to $910,000 in San Francisco, down 12.2%

Buyers 369
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How to Price Your Home for the Current Market

Eppraisal

Knowing how to price your home correctly isn’t rocket science, but it’s still tricky.    Property Valuation Your home value is the primary determiner of your asking price. Online Home Value Estimation Informal home appraisal tools can give you ballpark estimates of how much your property is worth.

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William Raveis ain’t no stinkin’ iBuyer

Housing Wire

” He added: “We’re giving them 100% of the value creation so they make out better in the end, as opposed to an iBuyer program where it’s their business model to buy low and sell high and make the difference in between. Its agents are tasked with marketing and selling the home, using their local expertise, Raveis said.

Brokerage 401
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How Is the Winter Market Faring to Date?

Eppraisal

Historically, the real estate market slows down over the winter months and prices level off or sometimes go down. The 2021 real estate market was a record-breaking year. It is predicted to go from a record-breaking market to a hot market in 2022. Home sales are expected to increase another 6.6% in 2020 and 16.9%

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February 2021 Texas Real Estate Market Update

Listing Spark

Well folks, if you’re wondering if the market has cooled off at all now that we have rolled in to 2021, it hasn’t. Indicating that not only are we firmly planted in a seller’s market, but a historically crazy seller’s market. In a balanced market, we have typically have 4-6 months supply of inventory.