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5 Contingencies You Should Never Remove When Buying a House

Realtor

In our current seller’s market, the national inventory of active listings is down 43.1% They’re making sky-high offers and writing heartfelt letters to sellers about why they should get the house. The provisions of a contingency contract are there to protect buyers and sellers. Mold remediation.

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Agents in Illinois grapple with the state’s housing inventory shortage

Housing Wire

Altos considers anything above 30 to be indicative of a seller’s market. Real estate professionals throughout the state attribute the resilience of the state’s housing market to its perpetually low inventory problem. Like the Chicago suburbs, Peoria’s desirability has put a strain on the city’s already tight housing inventory. “We

Inventory 441
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2 of Every 25 U.S. Homes Worth at Least $1M

Empire Appraisal Group

Homes Worth at Least $1M By Kerry Smith While $1M signified luxury property a short while ago, it’s now 8% of the nation’s housing stock – but a large percentage of those homes are still in Pacific Coast states. Elevated mortgage rates discourage potential home sellers, who are staying put to keep their relatively low mortgage rates.

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While the Austin housing market isn’t sizzling, agents say it is still warm

Housing Wire

Buyers are still buying and sellers are still selling. Additionally, Austin’s median list price has remained stable even as inventory has risen drastically from the troughs it reached in the spring months of 2021 and 2022. I feel like the market we are in, from an inventory standpoint, feels similar to last year.”

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The best real estate companies to work for in 2024 (+ beyond)

Housing Wire

Although the population is aging, the generations with purchasing power are more and more techie, and brokerages need to keep this at the forefront as they work to attract these younger buyers and sellers. Are you an experienced luxury agent? Do you just want to sell luxury real estate?

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What Are the Top Luxury Markets in North America Right Now?

McKissock

Their choice of parameter to measure performance was guided by the escalating number of luxury property sales and the importance of understanding this impact on the level of inventory available. But in 2020 the swing was dramatic, with many markets becoming seller-controlled for the first time in years.

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How to Sell Your House Fast in Chicago with Targeted Updates and Spot-on Pricing

Chicagoland Appraisal Blog

Here’s what that means for sellers in the Chicago area: Make key updates if you’re selling a dated home. Last year was a tough market, and the only properties that were moving were the ones that were renovated,” she says. Whether they realize it or not, buyers are swayed by their first impression of a property.