Remove Banks Remove Days on market Remove Marketing Remove Residential
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Xactus targets lenders through active listing data

Housing Wire

Verification solutions provider Xactus wants to court more lenders through its active listing data in a tight housing market. Xactus Wednesday announced its new active listing scan program, which will scan residential addresses for changes in listing status and the average number of days on market for a neighborhood.

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Going, Going, Gone! Homes Are Selling the Fastest in These Markets

Realtor.com

In this blink-and-you-miss-it real estate market, homes in most places are coming on and off the market at a dizzying pace, as buyers (helped by record-low interest rates) are snatching up property at an unprecedented rate. But, as it turns out, not all markets are turbocharged quite to the same degree.

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Residential real estate activity picks up despite low inventory

Housing Wire

The Beige Book is a compilation of data and interviews with bank and branch directors, community organizations and economists from on or before May 22. Residential real estate activity picked up in most Districts despite continued low inventories of homes for sale,” the report states.

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What Buyers Can Do in an Extreme Sellers’ Market

Realty Biz

Then the residential market rebounded quickly. The market remains tight and expensive but it could be opening up to at least give buyers a larger selection to choose from. One strategy for buyers in this extreme seller’s market could be taking a bit of a risk. This is called days on market or DOM.

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Is There a Market Correction on Its Way?

McKissock

Following the pandemic, we are experiencing a surging real estate market, which begs the question: Is there a market correction on its way? Some market watchers are predicting that when it does happen, it will not be as severe as the last one, while others anticipate something of similar degree or even worse. 12 = $416,667.

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The nation’s housing market is on a correction course

Housing Wire

Rising interest rates and a slowing economy overall are already taking some of the air out of the rapid home-price appreciation the housing market has experience over the past year, according to the recently released Federal Reserve Beige Book for July. Freddie Mac projects that home-price growth will average 12.8%

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Fed’s Beige Book shows recent moderation in mortgage rates propped up demand for homes

Housing Wire

Moderation in mortgage rates led to a pickup in demand for residential real estate, but limited inventories across the country hindered actual home sales , the Federal Reserve reported in its Beige Book survey of regional business contacts that was published Wednesday.

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