Housing Wire

OCTOBER 23, 2020

While the Palm Beach housing market has not seen a lot of bidding wars, Koch said that a lot of the inventory has been absorbed and properties are getting multiple offers. It’s been a really interesting summer, to say the least,” the agent at Tahoe Luxury Properties said. 1, and runs through May 1.

Housing Market 537

Housing Market Marketing Real Estate Agent Real Estate 537

Appraisal Buzz

AUGUST 19, 2024

Even more expensive properties are seeing price increases: In Q2, the median sale price of luxury homes in the U.S. Although low demand would normally lead to lower property prices, the current market’s robust prices are being driven by competition from a lack of supply. reached a record $1.18 million, up 9% year-over-year.

Home Value 396

Home Value Luxury Properties Buyers Inspection 396

Inman

FEBRUARY 13, 2025

acres, may not look like a luxury property at first glance, but its soaring sale price tells a different story. The 2,385-square-foot home, set on 1.1 The estate, located at 284 Forest Drive South, hit the market on Dec. million and went under contract a short week later.

Luxury Properties 108

Luxury Properties Contracts Marketing Renovations 108

Realtor

JULY 13, 2021

In our current seller’s market, the national inventory of active listings is down 43.1% Waiving it entirely is the equivalent of agreeing to buy a ticking time bomb, says Annie Kou , a Los Angeles–based brokerage owner and attorney at AK Luxury Properties. “By

Inspection 200

Inspection Real Estate Agent Real Estate Buyers 200

Lamacchia Realty

JANUARY 29, 2025

In 2024, the South Florida single-family housing market saw rising prices, inventory remained tight, and sales declined slightly. Inventory overall has risen to levels not seen since before the pandemic, opening up buyer selection and could indicate that prices may not rise as steadily in 2025. South Florida Sales Decline by 7.6%

Inventory 61

Inventory Insurance Real Estate Buyers 61

Empire Appraisal Group

SEPTEMBER 14, 2023

Homes Worth at Least $1M By Kerry Smith While $1M signified luxury property a short while ago, it’s now 8% of the nation’s housing stock – but a large percentage of those homes are still in Pacific Coast states. As a result, inventory dropped so low that buyers still in the market are competing for those few homes that are for sale.

Luxury Properties 78

Luxury Properties Buyers Realtors Inventory 78

McKissock

APRIL 13, 2021

Their choice of parameter to measure performance was guided by the escalating number of luxury property sales and the importance of understanding this impact on the level of inventory available. King County, Washington.

Marketing 64

Marketing Luxury Properties Inventory Appraisal 64

Housing Wire

JANUARY 26, 2024

When this first hit the grapevine, non-Compass agents were up in arms because they felt like they were getting shut out of properties in an already limited inventory market.

Real Estate 345

Real Estate Brokerage Agents Real Estate Agent 345

Chicagoland Appraisal Blog

APRIL 3, 2020

“Given that these properties take a lot longer to sell and there aren’t nearly as many luxury buyers in Chicago, there is no room for error when you are pricing and showing a luxury property or you may be sitting on the market for a very long time.”. Chi-town curb appeal: How to charm buyers at first sight.

Real Estate Agent 78

Real Estate Agent Architecture Modernization Buyers 78

Will Springer Realtor

FEBRUARY 9, 2024

Note: Average prices include all home sales – including ultra-luxury properties – and do not portray the housing market as accurately as median prices.) Total inventory remains low, however, keeping prices higher on an annual basis. Rental occupancy rates will end this year at 95%, the research firm forecasts.

Development 36

Development Design Housing Market Real Estate 36

Will Springer Realtor

MARCH 14, 2022

Without their spirit to rebuild, our thinning housing inventory would be more dire than it is today. Condo inventory is not much better. Perhaps the city will want to rezone the property to open the possibilities to commercial/retail and multi-family buildings in an effort to increase the number of residents. There is 0.6

Housing Market 36

Housing Market Marketing Real Estate Supply Chain 36

Housing Wire

MARCH 24, 2025

Absorption Rate = (Number of Homes Sold in a Given Period) (Number of Active Listings) Sellers market: Absorption rate above 20% (less than 4 months of inventory). Balanced market: Absorption rate between 15-20% (4-6 months of inventory). Buyers market: Absorption rate below 15% (over 6 months of inventory).

Sellers 355

Sellers Real Estate Buyers Real Estate Agent 355