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Price reductions: 6 things to consider before lowering the price

Housing Wire

In todays market, many buyers wont even bother making an offer on an overpriced home. If low offers are coming in, its an indicator that the price is close but still needs an adjustment to align with a reasonable buyers expectations. Theyll simply move on to one thats competitively priced instead of dealing with an unreasonable seller.

Staging 363
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Fed’s Beige Book offers grim news for housing industry

Housing Wire

A recent market report by digital mortgage exchange and loan aggregator MAXEX notes that the ongoing economic volatility “has had a profound effect on the housing industry.”. Boston — Higher interest rates cooled home-buying demand, leading to fewer closed sales in the First District’s residential real estate markets.

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Housing market hinges on mortgage rates and supply, not commission structures

Housing Wire

Although there is no doubt that business practice changes outlined in the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement are going to impact how real estate industry professionals operate, economists aren’t too sure they’ll have much bearing on the housing market. “I

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57 crucial real estate statistics that explain the 2025 market

Housing Wire

Before we give you the real estate industry statistics, we want to provide a little more food for thought about what you can do with them. As mentioned, the knowledge is powerful, but there are other ways you can use these stats to boost your lead generation and nurturing, marketing and street cred. million and 2.29

Marketing 358
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5 Reasons Today’s Housing Market Is Anything but Normal

Keeping Current Matters

Using this definition, here are five housing industry metrics that prove we’re nowhere near normal. Today, the average mortgage rate stands at 2.87%, which is very close to the historic low. Days It Takes To Sell a Home. The days-on-market metric gives an indication of how hot a market is and how quickly homes are selling.

Marketing 320
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Buyers are being picky — here’s how you can navigate it as a real estate agent

Housing Wire

For what felt like a moment in time, buyers enjoyed the luxury of being incredibly picky, carefully selecting what felt like their dream homes in a market that had shifted towards more favorable conditions. While I hate to be the bearer of bad news, that era is almost most definitely drawing to a close.

Agents 476
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Single-family rental market shows little sign of cooling 

Housing Wire

Average monthly SFR listings for the first half of 2022 came in at 43,891, up nearly 58% year over year, while closed monthly listings over the period averaged 5,788, up nearly 11%. metro areas with the highest median monthly rents as of the close of the first half of 2022, according to the HouseCanary report.

Marketing 397