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

Housing Wire

home sales in nearly 30 years as high mortgage rates frustrate buyers, the market is reshaping real estate once again, placing buyers on the back foot and swinging the pendulum back to favoring sellers. The changing tides Previously, buyers were able to look for over a month, as average days on market continued to climb.

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What Is a Housing Bubble?

HomeLight

Increase in speculative investing: Investors are trading in high-risk assets , focusing on big returns by leveraging market fluctuations. Overbuilding and bidding wars: Too much construction and competitive offers drive prices higher. Homes selling fast: Homes selling quickly (decreasing days on market ) can indicate a heated market.

Equity 115
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2022 Housing Market Year In Review: Looking Back on a Historic Year

Redfin

Homeownership is a long-term investment that can lead to significant net worth gains, even with rates above 6%,” advises Dean Hayes, Area Sales Manager with Bay Equity , a Redfin company. Inventory and supply are calculated in 90-day periods, e.g., January 2022 data is the three-month period from November 1, 2021, through January 31, 2022.

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I Need to Sell My House Fast in San Diego: What Are My Options?

HomeLight

If you need to sell your house fast in San Diego, whether you’ve inherited a house, you’re relocating for work, need to cash out your home’s equity quickly, or are looking to put a divorce behind you, the two best strategies are: 1) seek out a cash offer, or 2) work with a top real estate agent. So we’re just out of land.”

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Sell Your House Fast in Miami: Expert Strategies for a Quick Sale

HomeLight

If you need to sell your house fast in Miami, whether you’ve inherited a property, you’re relocating for work, need to cash out your home’s equity fast, or are looking to put a divorce behind you, the two best strategies are: 1) seek out a cash offer, or 2) work with a top real estate agent.

Sales 104
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How Smart Investors Decipher & Respond to Real Estate Market Cycles

The Close

Foreclosure filings begin to increase as financially distressed homeowners no longer have the option to refinance and access their equity, and the tighter market gives them few options to sell or downsize. So they hold out and try to find ways to keep their homes. Often, they wait too long and lose their home in the process.

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Seller’s vs. Buyer’s Market: A Seller’s Guide to Decoding Market Conditions

HomeLight

The number of days on market (DOM), which marks how long a home is on the market before the seller accepts an offer, typically drops. In a balanced market, marketing time typically lasts around six weeks , according to The National Association of Realtors® (NAR). Factors that lead to a seller’s market.

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