Remove Days on market Remove Finance Remove New Construction
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Residential real estate activity picks up despite low inventory

Housing Wire

Richmond – Residential real estate respondents indicate in the report that the spring market is off to a good start, with sales prices continuing to appreciate, but not at the same pace as last year. However, there have been reports of rising retail rents in some areas because of a lack of high-quality new construction.

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

HomeLight

That doesn’t mean that you won’t get an acceptable offer, but “the cash buyer just has a little bit more leverage than someone who’s financing.” The sale won’t be contingent on the buyer ordering an inspection, waiting for their home to sell, or securing financing. Pros Selling your home for cash can make the process go much faster.

Sales 104
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When Is the Best Time to Buy a House in Texas?

HomeLight

In addition, Leonard points out that builders can be incentivized to negotiate to clear new construction inventory at the end of the year, offering deals in December that are no longer available in January. It’s important to point out that days on market in 2022 were fewer in Q1, so, while inventory is down, buyers are still hungry.

Agents 105
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I Need to Sell My House Fast in San Diego: What Are My Options?

HomeLight

No contingencies: Cash buyers can waive contingencies that can make negotiations difficult, namely the financing contingency and appraisal contingency. The lack of land and the inability to build new construction has also limited development of additional housing, according to Cane. So we’re just out of land.”

Investor 100
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2022 Housing Market Year In Review: Looking Back on a Historic Year

Redfin

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. New construction took up a growing share of housing inventory . million privately-owned new homes built in the U.S. There were 1.25 year-over-year dip.

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

HomeLight

During the hot housing market between 2002 and 2007, average home prices jumped by 42% , according to data from the U.S. Federal Housing Financing Agency (FHFA). Sellers can expect to receive offers faster in a seller’s market than in a buyer’s market. Factors that lead to a seller’s market. Homes sell faster.

Marketing 111
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When is the Best Time to Buy a House in California?

HomeLight

In addition, builders can be incentivized to negotiate to clear new construction inventory at the end of the year. It’s also very tech driven so tech companies coming to the area and tech layoffs affect the surrounding housing markets. Interest rates are constantly changing and the California housing market moves fast.

Agents 105