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Boston is the nation’s hottest housing market

Housing Wire

Although the Greater Boston area may still be plagued by persistently chilly temperatures, its housing market is still red-hot. According to data from Altos Research , the Boston-Cambridge-Quincy, MA-NH metropolitan area was the hottest housing market nationwide as of Feb.

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Opendoor partners with eXp Realty

Housing Wire

The iBuyer announced that it was teaming up with eXp Realty on Tuesday. He continued: “This partnership gives sellers a simple and certain option, supported by their eXp Realty agent and backed by an Opendoor cash offer.

Realty 404
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Louisiana’s housing market has an insurance problem

Housing Wire

After heating up like the rest of the country, the Louisiana housing market has continued to cool since interest rates began to rise in the second half of 2022. Additionally, the state’s 90-day average Altos Market Action Index score was 32.75 Altos classifies scores above 30 to be indicative of a sellersmarket.

Insurance 389
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“It seems impossible:” Bergen County, NJ’s housing market is vexing agents and buyers

Housing Wire

Real estate agents in the leafy suburbs of Bergen County, New Jersey say the current housing market — with historically low inventory and record-high prices — is actually more challenging than the multiple offer chaos they sweated through during the pandemic. “At You aren’t getting that, but there is still a lot of competitive bidding.”

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eXp Realty launches Exclusives app

Housing Wire

eXp Realty is looking to get into the exclusives game. Through eXp Exclusives, participants will be able to share off-market and pre-market listings with other eXp agents and their clients through a mobile app. The app will also house all of eXp’s active MLS listings and the service is free to eXp Realty agents.

Realty 402
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Anywhere reports losses amid slow housing market

Housing Wire

“In a potentially improving housing market, we are excited to build on our competitive advantages, accelerate our strategic agenda, and deliver even greater value to Anywhere affiliated agents, franchisees, and shareholders in the year ahead.”

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Low inventory creates challenging conditions in North Carolina’s housing market

Housing Wire

We’ve been a sellersmarket here for at least the past eight years, but probably closer to 10 or 11.“ On the existing-home market , agents say the lack of inventory is due to a rate-lock effect, as homeowners with mortgage rates at 5% or below are reluctant to give up their rate unless a major life change necessitates a move.

Inventory 297