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How L.A.’s Wildfires Are Impacting the Housing Market 

Appraisal Buzz

Home listings fell in neighborhoods hit by the wildfires, too. Listings slowed a bit in Februarybut not nearly as much as sales. There were 23 new listings in the Palisades, down 12% year-over-year, and 46 new listings in Altadena, down 6%. million in February, down 8% year-over-year. Home sales rose 6.2%

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Buyers are struggling to compete in the white-hot Cincinnati market

Housing Wire

“I called the listing agent and it was listed three hours ago, but it was sold,” the Cincinnati, Ohio -based eXp Realty agent said. “We There is no way you can stay on top of things unless you hire someone to watch new listings pop up every 10 minutes. Buyers are really struggling.” We couldn’t even see it.

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“It seems impossible:” Bergen County, NJ’s housing market is vexing agents and buyers

Housing Wire

Real estate agents in the leafy suburbs of Bergen County, New Jersey say the current housing market — with historically low inventory and record-high prices — is actually more challenging than the multiple offer chaos they sweated through during the pandemic. “At But now buyers are sick of waiting around and are deciding it is time to buy.”

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Owning a condo in Florida is becoming less attractive: Redfin

Housing Wire

In May 2022, the Florida Legislature introduced a new condominium safety law, which mandates more rigorous inspections and stronger financial reserves for HOAs. Before the new law was enforced, many condo associations were investing their reserves in government-insured instruments, sacrificing their liquidity to generate a return.

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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. By segmenting your contacts list, you should have at least three to five distinct audience segments and newsletters to send, depending on your niche.

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Opinion: Riding the wave

Housing Wire

As the spring selling season kicks off, many educated sellers know that buyers are experiencing spring fever and are tired of sitting on the fence watching home prices increase. In Denver in particular, new listings increased 29.12% month-over-month and 22.63% year-over-year. With only 1.3

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Will Home Sales Increase in 2025?

Appraisal Buzz

We are once again expecting mortgage rates to get better gradually, and opportunities for buyers should follow, but be prepared for plenty of bumps on that path. The need for buyers to be prepared to relocate when the time comes is further reinforced by recent and erratic decreases in mortgage rates. 28 New York $680,934 7.0%