There are 22% more homes for sale than there were a year ago. With more sellers entering the market, lower prices could be on the horizon. Zillow Senior Economist Orphe Divounguy breaks down what this means for buyers. Dive into the research: https://lnkd.in/eSm-XUNN #Zillow #HousingMarket
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🏠 June 6th, 2024: Market Update 📈 We're seeing a significant increase in new listings, up by 21.1% from May last year! 📈 Last year's market was driven by buyers expecting rate cuts, but now we have more inventory available. It's a buyer's market with plenty of options to choose from. Check out the latest listings and find your dream home today! #RealEstate #MarketTrends #NewListings #BuyersMarket #HousingUpdate
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If you’re seeing headlines about sellers slashing prices and are worried about what that means for home values, let's clear things up. There’s a difference between the asking price and the sold price. While more sellers are adjusting their asking price, that’s a signal of moderating demand – not falling home values. As this graphic shows, actual sold prices are still climbing. #homeprices #housingmarketupdate Ready to chat about your real estate needs? Let's Connect: 📱 (847) 997-2159 🧜🏻♀️ erin.fletcher@coldwellbanker.com #sellingoregoncoast #fletcheronthecoast
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If you’re seeing headlines about sellers slashing prices and are worried about what that means for home values, let's clear things up. There’s a difference between the asking price and the sold price. While more sellers are adjusting their asking price, that’s a signal of moderating demand – not falling home values. As this graphic shows, actual sold prices are still climbing. #homeprices #housingmarketupdate To Discuss Your Real Estate Goals Schedule Your Appointment today: https://lnkd.in/grtQsggY
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Navigating Fall 2023: A Buyer’s Advantage? 🍁🏡 📊 Zillow’s Latest Insights: Unveiling some intriguing data, Zillow sheds light on the Fall 2023 real estate market: -Price Cuts: A notable 9.2% of listings saw their asking prices slashed in mid-September. 💰✂️ -Broader Choices: Buyers, rejoice! You’ve got more options now than in the previous years. 🏠🔄🏠 📈 Value’s Upward Climb: Despite these buyer-friendly changes, property values are still expected to soar, potentially up to 5% by next August. 📈 🤔 Why Buy Now?: Given these dynamics, there are compelling reasons to consider buying today rather than waiting till next year. 🛒🏡 🎥📺You can find the FULL video on my YouTube Channel, @FinanceWithFoss or by clicking here: https://lnkd.in/gcGhnHdA #RealEstateTrends #Fall2023 #ZillowInsights #PriceCuts #PropertyValues #BuyNow #FossFinanceTips
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The good news for buyers is that most experts believe that home inventory will increase in 2024. Lawrence Yun, NAR's chief economist, predicts a potential 30% surge in housing inventory. This is supported by Skylar Olsen of Zillow, who observes a change in homeowner mentality; those who secured rates at 5-6% are now less influenced by rate-lock and more willing to sell, suggesting the potential for a more robust market for buyers in the year ahead. As we round out Q1, an increase in inventory is something we are keeping a close eye on. #realbrokerage #chicagorealestate #realestateadvice #homeinventory #housingmarket
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Texas and Florida metros dominate the best places for buyers in Zillow's new market heat index, securing seven of the top 10 spots. But most of the country's 50 largest metros — and the U.S. at large — favor sellers, according to the latest market report1 from Zillow®.
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Realtor® SRA (Seller Representative Specialist) ABR (Accredited Buyer’s Representative) PSA (Pricing Strategy Advisor)
Ready to turn the key and unlock your next chapter? 🏡🔑 Selling your home in this hot sellers' market has never been more exciting. Let's make your real estate dreams a reality! 🌟 Take advantage of our local sellers market while it lasts. Per Altos, available inventory of single family homes for sale rose another 1.3% this week. Even though that’s a slight deceleration from the last few weeks, this is all happening late in the year, and it doesn’t appear to have topped out yet. The total number of unsold homes on the market will keep climbing probably for the rest of October on the same schedule as last year. This is an obvious indication of slower buyer demand in the face of dramatically higher interest rates. . . . . . #SellersMarketSuccess #NewBeginnings #RealEstateExpertise #CBSocial #localmarket License 02059886
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Sellers became more eager this January as new data indicated they're getting ready to sell, if not already there. The number of homes actively for sale was notably higher compared to last year, growing by 7.9%, according to the Realtor.com® January Housing Report. With the rise in inventory, median listing prices remained relatively stable, experiencing a growth of 1.4% #homevalues
https://mecktimes.com/news/2024/03/05/realtor-com-january-housing-report-january-2024-marks-the-third-consecutive-month-of-annual-inventory-growth/?no_cache=1709830026
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If you’re seeing headlines about sellers slashing prices and are worried about what that means for home values, let's clear things up. There’s a difference between the asking price and the sold price. While more sellers are adjusting their asking price, that’s a signal of moderating demand – not falling home values. As this graphic shows, actual sold prices are still climbing. #homeprices #housingmarketupdate Let's Connect! I'm here to help with your Real Estate Needs. 847-471-184
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Spring shopping season is here, and as the weather and the market begin to heat up, any sellers looking to list might want to think outside the box - literally. Recent Zillow data shows certain backyard features can help homes sell for $10,000 more, while others can help sell faster. Here are the tricked-out home features selling for top dollar: https://lnkd.in/ekgv9GKT
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