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Housing Inventory Hits Five-Year High

Appraisal Buzz

Active listings of homes for sale rose to the highest level since early in the pandemic. New listings hit the highest level since July 2022, increasing 1.9% I have sellers saying, I think were at the top of the marketIm ready to cash out and put my money into another investment. They climbed 0.3% year-over-year.

Inventory 397
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Slowing Demand Leaves Homebuyers With More Options 

Appraisal Buzz

New Redfin data reported the largest gain since the end of last year occurred in the four weeks ending February 2, when new listings of homes for sale in the U.S.increased 7.9% A larger pool of options is becoming available to homebuyers as a result of the increase in new listings and the decline in sales.

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In the Mid-Atlantic, more sellers are listing second homes and investment properties

Housing Wire

of sales were rental or investment properties or second homes , according to a survey of 1,063 listing agents. With inventory so low and many homeowners reluctant to give up their extremely low mortgage rates, everyone is wondering where new listings are going to come from. In comparison, 32.4%

Sellers 370
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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.

HOA 501
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How to follow up with unresponsive clients without being pushy

Housing Wire

Do they need to buy a new home urgently because of a new job? Are they looking to invest in an income-generating property? If the client is looking at a specific neighborhood, follow up with them whenever you get a new listing in that area. Are they casually thinking about selling?

Clients 326
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Fix-and-flip investors are filling in the gaps in some housing markets: report

Housing Wire

“Investor sentiment is positive right now as they haven’t let the macroeconomic environment slow them down,” said Kurt Carlton , co-founder and president of New Western , one of largest real estate investment marketplaces in the U.S. is lacking about 320,000 listings valued at the affordable range for middle-income buyers.

Investors 397
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Real estate newsletters: The ultimate playbook (+ 49 topic ideas & subject lines)

Housing Wire

Some popular real estate newsletter content includes: Market updates Featured listings Industry news Local news Community events Agent profiles Investment opportunities No matter what content you choose to include, your real estate newsletter should serve as a meaningful touchpoint that continuously builds your client relationships.