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Has home seller growth lost momentum?

Housing Wire

Potential home sellers notice weak demand, fewer offers and price reductions, prompting them to back away from the market. If potential sellers avoid the market, this will keep a lid on supply growth. New listings are hitting the market Last year was an environment with 5% to 10% more sellers each week than a year prior.

Sellers 327
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A new source of affordable housing inventory: Private seller auctions

Housing Wire

New marketplace for motivated sellers That is good news for sellers like Ricardo Sims, the out-of-state landlord who sold the Montgomery properties to Richards via SmartSale. Like Richards, most Auction.com buyers are local community developers who have a deep knowledge of the markets and submarkets where they are buying.

Sellers 313
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Buyers and Sellers Embrace Market in Wake of Mortgage Rate Dip 

Appraisal Buzz

On the other hand, eight out of ten of the markets that saw the largest rent cuts last month were in the South, primarily due to an increase in the number of new multi-family housing developments. The post Buyers and Sellers Embrace Market in Wake of Mortgage Rate Dip first appeared on The MortgagePoint. With a growth rate of 21.4%

Sellers 418
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Mortgage servicing startup Valon raises $100M in Series C funding round

Housing Wire

Valon intends to use the fresh capital to boost product development and expand its reach to new markets. Valon’s platform — the first of its kind to provide end-to-end mortgage servicing — was designed to boost efficiency and transparency for home buyers and sellers. The firm is currently valued at $1.1

Mortgage 448
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Real estate coach Robert Morris: ‘The speed of the leader determines the speed of the pack’

Housing Wire

We’re trying to say that buyers and sellers, in my opinion, are willing to pay you. Some courses are online or live and all are about leadership and leadership development. To close the conversation, Morris recommends certifications for buyer and seller agents to pursue. The biggest question is, how do I get paid?

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Zillow CEO Jeremy Wacksman: ‘We do tech so you can do real estate’

Housing Wire

Wacksman: That’s the Zillow app for a buyer and a seller. What does the buyer or seller want? One has to keep up with where the buyer and seller is going. Dwiggins: With this app, how do you balance between what the agents and the brokerage want with the sellers’ wants? Technology pushes the consumer forward.

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Report suggests capital gains tax is discouraging older homeowners from downsizing

Housing Wire

The capital gains tax is a federal tax that is applied when the sale of a particular asset including a home, personal items, or stocks and bonds held as investments is sold for more than [a sellers] adjusted basis, referring to the initial cost of the item being sold, according to the IRS. Department of Housing and Urban Development (HUD).

Sellers 397