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Existing home sales fell in June while monthly median sales price spiked

Housing Wire

The good news is that the housing recession that was predicted by some economists has not materialized, noted Lisa Sturtevant, chief economist for Bright MLS. With positive inflation news and a strong labor market, the possibility that the Fed will be able to bring the economy in for a “soft landing” is improving.

Sales 364
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How to Make Money as a Real Estate Agent: 9 Strategies to Earn More

The Close

These ads direct potential sellers to Market Leader’s landing page and potential buyers to your personally branded, IDX search-enabled site. Ben Caballero , the most successful real estate agent in the world in terms of closed sales for the last decade, works exclusively with developers on new construction projects.

Agents 105
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Is the Housing Market in a Bubble? How the Indicators Today Compare With the Great Recession

Realtor.com

This time around, there isn’t a glut of available housing, the subprime loans that got so many homebuyers in trouble in the mid-2000s have largely been eliminated, and millions of Americans aren’t likely to lose their homes to short sales and foreclosures. Just three years later, sales bottomed out at 4.11

Marketing 113
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Sacramento Real Estate Market And Investment Overview 2020

Marco Santarelli

Many variables could potentially impact the value of a home in Sacramento in 2020 (or any other market) such as big changes in the distressed, new-construction, or luxury home segments. Data by Sacrealtor.org shows that the number of REO sales (single-family homes) in June dropped by 21.4% from the previous year.

Marketing 124
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Miami Real Estate Posts 10th-Highest Total Home Sales Month in History

Realty Biz

The mortgage rate is projected to land at 5.3% The total economic impact of a typical Florida home sale is $112,500, according to NAR. Miami Distressed Sales Keep Dropping, Reflecting Healthy Market Only 1.2% In 2009, distressed sales comprised 70% of Miami sales. Short sales and REOs accounted for 0.5%

Sales 78
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Las Vegas Real Estate Market 2020 Overview

Marco Santarelli

Many variables could potentially impact the value of a home in Las Vegas in 2020 (or any other market) such as big changes in the distressed, new-construction, or luxury home segments. Las Vegas Realtors reported that short sales and foreclosures combined accounted for 2.7% of all sales one year ago, 4.3%

Marketing 128
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How Smart Investors Decipher & Respond to Real Estate Market Cycles

The Close

Further out, suburban areas begin to lose value as homebuilders continue to overbuild because new construction timelines are longer. Builders experience an increase in failed sales due to move-up purchasers not being able to sell their existing homes. Preforeclosure and short sales are more common.