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Most prospective buyers want turnkey homes, despite higher prices

Housing Wire

In a challenging and expensive housing market , some prospective homebuyers may compromise on certain standards and features to secure their purchase. But survey data released Thursday by Bright MLS found that some standards were top priorities for some buyers. wanted the home to be move in ready before considering a purchase.

Buyers 418
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Top 5 home improvement projects real estate agents should recommend to sellers

Housing Wire

We’ve all witnessed the housing market slowdown that has occurred over the last year. Across the country, homes are spending more days on the market as interest rates rise. Many sellers have returned to offering concessions and dropping prices to entice buyers.

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Younger generations are more likely to pursue home renovations this year

Housing Wire

As high home prices continue to impact the market, many homeowners are deciding to stay put in their homes. But most still have plans to purse home renovations and younger generations are leading this new focus on home improvement. But renovation plans remained top of mind for most of them.

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A homebuyer’s personal story from the post-Sitzer, post-settlement world

Housing Wire

Although I was certainly nervous about the process, I knew I was far better prepared — and had far more resources and industry experts available for consultation — than most first-time buyers. Lamacchia Realty is using its own buyer representation agreements , and I found the form straightforward and easy to understand.

Agents 435
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Pop the champagne! Existing-home sales post first annual gain since July 2021

Housing Wire

“Additional inventory and more home building activity will help price increases moderate next year.” While the sales pace of existing homes improved in October, properties typically remained on the market for 29 days, up from 28 days in September and 23 days a year ago.

Inventory 370
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Real estate newsletters: The ultimate playbook (+ 49 topic ideas & subject lines)

Housing Wire

Building on existing relationships is the quickest and easiest way to keep your pipeline filled with active buyers and sellers, so you dont have to worry about dry spells. Your newsletter content should be a mix market updates, buyer and seller advice, community news and events, and storytelling.

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Turnkey homes vs. fixer-uppers: The best home for your wallet

Housing Wire

According to a study conducted by Buildword , 53% of buyers who purchased a fixer-upper exceeded their budget, compared to 15% of buyers who purchased a turnkey home. Keep reading to learn whether a turnkey home or fixer-upper is the right option for you: More for Real Estate Enthusiasts. Buying a house that needs work?