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How Smart Investors Decipher & Respond to Real Estate Market Cycles

The Close

In any given moment, we can look to certain indicators to suggest what market stage an area may be in: Active housing inventory. Preforeclosure and bank-owned properties, or REO. This is because the market is still experiencing a feeding frenzy from buyers and investors looking to cash in on the appreciation from the previous cycle.

Investor 100
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How to Calculate Market Value of Property in 2023?

Marco Santarelli

When a real estate housing market crashes , there are so many foreclosure and bank REO sales, figuring out the real value of a property can be difficult. When there is a large supply of properties available for sale in the housing market, it can be challenging to determine the true value of a specific property.

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Selling a House ‘As Is’ in Wisconsin

HomeLight

Average days on market for Wisconsin. 46 Days (from listing to contract). MLS has field to mark a listing “as is”? In Wisconsin, there is no specific as-is checkbox or label for agents to mark on the multiple listing service (MLS), so that information will need to be included in the listing. 265,501 (April 2022).

As-is 116
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Miami Real Estate Posts 10th-Highest Total Home Sales Month in History

Realty Biz

Miami-Dade County real estate posted its 10th-highest total existing home sales month in history and its second-best May sales month ever, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system. The mortgage rate is projected to land at 5.3% © SeanPavonePhoto – Fotolia.com.

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Philadelphia Real Estate Market & Investment Overview 2021

Marco Santarelli

Housing data by Bright MLS, Inc. Philadelphia is a hot seller's real estate market by all housing indicators. The following housing report of the Philadelphia Metro Area is based on February 2021 Bright MLS housing data. Day On Market. In Philly, the average was 41 days, showing a strong favorability to sellers.

Marketing 126
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Detroit Michigan Housing Market: Trends & Forecast 2021-2022

Marco Santarelli

On average, homes in Detroit, MI sell after 60 days on the market. The trend for median days on market in Detroit, MI has gone up since last month, and slightly up since last year. These are the properties that may be coming to the market soon but are not yet found on a multiple listing service (MLS).

Marketing 111
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Bakersfield Housing Market: Prices | Trends | Forecast 2021-2022

Marco Santarelli

Trulia has 1,445 resale and new homes for sale in Bakersfield, CA, including open houses, and homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. On average, homes in Bakersfield, CA sell after 56 days on the market. Bakersfield, CA Foreclosures And Bank Owned Homes 2019. Recently Sold.