Home inventory falls amid coronavirus outbreak

The amount of homes listed for sale in the U.S. during March fell by around 15.7% year-over-year, according to new data from realtor.com that illustrates the impact of the coronavirus pandemic. Still, the market isn’t entirely unhealthy, as the national median listing price was up 3.8% to $320,000 during the month. And those homes that

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Homes selling above list price fall to 3-year low

As the housing market returned to normal after a frenzied couple of years marked by intense bidding wars in many markets, the smallest share of homes sold for above their list price last year than in any year since 2016. Home value growth slowed throughout 2019 to a rate more in line with historic norms

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Fewer homes are selling above list price

The amount of homes that were sold above their listing price fell each month in the second half of 2018, with December seeing the biggest month-over-month drop since at least 2012, Zillow reported. Experts interpret it as another sign of a slowdown in the housing market. Just 19 percent of home sales in the U.S.

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Is “just below” a better home pricing strategy?

Listing prices should be set just below whatever round number you have in mind, according to a new study published in the Journal of Housing Research.

No Luck Selling?

As a realtor, there’s little doubt you’ve already experienced that ‘lingering’ feeling, when the attention from possible buyers starts to wane, and viewings grind to a halt. It’s the time when the seller starts panicking and calling you every other day, wondering whether their home will ever be sold, and even you may begin to lose faith…

Appraisers Hit Back at Critics

“Don’t shoot the messenger” reads a new message from the Appraisal Institute, which has asked those involved in real estate deals not to blame appraisers when a contract falls through based on a property’s values.

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