Remove Closing costs Remove Days on market Remove Sales
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Fed’s Beige Book predicts further uncertainty for the housing market  

Housing Wire

Interest rates and inflation continued to dampen activity in the housing market across all 12 Federal Reserve districts, according to the Fed’s latest Beige Book. Following dampened activity from buyers, sellers provided increased concessions, such as temporary rate buydowns or paying closing costs to complete sales, the report noted.

Marketing 370
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Connecticut Home Sellers Can Expect to Pay These Closing Costs

HomeLight

If you’re selling a home in Connecticut, you should familiarize yourself with closing costs that sellers pay to finalize the transaction. The average closing costs for home sellers fall between 6% to 10% of the home’s sale price. Connecticut sellers can count on these costs. of the sale price.

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Rising insurance costs, ample inventory create a unique market in Southwest Florida

Housing Wire

Unlike many other metropolitan areas across the country , the housing market in Southwest Florida is comparably flush with for-sale inventory. “I Last year we were still adjusting from the effects of the pandemic market, but now the trends seem to be getting back to our baseline, which is more like our 2019 market,” Smith said.

Marketing 448
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From consultation to closing: The definitive homebuying checklist

Housing Wire

Let your clients know how the market will impact competition, home values, and the overall buying strategy. Review comparable sales: Show your clients how a comparative market analysis (CMA) will be used to help them make an offer and determine the fair market value (FMV). How will these factors affect a potential offer?

Closing 364
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The nation’s housing market is on a correction course

Housing Wire

Several leading housing-market economists also are projecting the deceleration in home prices will continue in near the future as homebuyer demand ebbs — with one economist even predicting that prices will decline in some particularly hot markets across the nation. So, home sales have really gotten completely hammered,” Zandi said.

Marketing 418
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Thinking of Selling Your Home? Take this Seller Litmus Test

HomeLight

Checking how quickly homes in your area are selling is one way to gauge your market’s temperature. A quick turnover can signal strong demand, potentially leading to a faster sale at a favorable price. You can check real estate websites or consult with a local agent to get an idea of average days on market and recent sale prices.

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30 real estate social media post ideas (+ popular agents to follow)

Housing Wire

Just sold stories If your clients are willing to be featured on your socials, celebrate their sale. Market updates Future clients, whether buying or selling, want to feel assured that their real estate agent has a firm grasp on the happenings of the market.

Agents 435