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Near-Record Housing Costs Pushing Homebuyers Away

Appraisal Buzz

And the average active listing has been on the market for 46 days, up 2.3% year-over-year—the largest increase in nine months—indicating that property listings are becoming stale faster than they were a year ago. Housing Market Highlights: The Four Weeks Ending June 2 The median sale price was $392,200, representing a 4.4%

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Prices for luxury homes soared in the first quarter 

Housing Wire

Redfin defined luxury homes as those estimated to be in the top 5% of their metro area based on market value, while non-luxury homes are those with estimated values in the 35th to 65th percentile. High-end buyers tend to be more immune to mortgage rate fluctuations and flock to the luxury housing market. About 10.7%

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Understanding the Basics of Buying Your First Home - Part 2 - Researching and Finding Your Dream Home

Eppraisal

List your desired amenities (e.g., Setting Realistic Expectations Understand the local housing market and pricing trends Balance your budget with your desired features Be open to compromise while keeping your non-negotiables in mind C. backyard, garage, etc.) Prioritize your preferences to help narrow down options B.

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Success with Millennial Real Estate Clients: Q&A with Dara Alperen Cipollone

McKissock

Some want me to summarize the market data and give concise guidance on market values. Q: What obstacles are Millennials facing in the Boston real estate market? A: The obstacles Millennial real estate buyers face for owning a home in the Boston market come down to low inventory.

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The Cleveland Area Housing Market Was Skating Along… And Then This Happened

Cleveland Appraisal Blog

We all needed some rest from the crazy housing market we’ve experienced in recent years. Like most markets across the country, the Cleveland area housing market has been red hot for the past few years. However, the markets have hit an abrupt slow down, or might I say, cool down, kind of like this ice skater experienced.

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12 Questions to Ask Your Real Estate Agent

PennyMac

If you’re selling a property, you’ll also want to make sure your agent is in-the-know on the latest and most effective marketing tactics in the industry. Many home buying and selling markets contain micro markets driven by the features of individual neighborhoods. What marketing tools will you use to help me?

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28 real estate circle prospecting ideas, tips, tools & scripts

Housing Wire

In an ever-changing real estate market, agents are looking for the best way to generate leads. Circle prospecting requires a combination of interpersonal skills, local market knowledge, and often, patience. Offering value Providing value is crucial in circle prospecting. Buying leads is easy but expensive.