Homes Spent Less Time on the Market in August [Infographic]

August 2023 Housing Market Report - Infographic

August 2023 Highlights The number of homes actively for sale decreased by 7.9% compared to August 2022. The total number of unsold homes, including those under contract, decreased by 9.2% compared to last year. Home sellers were less active, with 7.5% fewer newly listed homes than last August. The median price of homes for sale…

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Eco-Friendly Homes: Benefits and Buying Tips

Choosing an eco-friendly home is more than an environmental decision

In the ever-evolving real estate market, eco-friendly or green homes have become a focal point for modern homebuyers. These homes are distinguished by their sustainable features, environmentally friendly materials, and efficient energy use. Going beyond the traditional bricks and mortar, they encompass a philosophy that aligns the comfort of living with the environment’s well-being. The…

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The Impact of Schools on Home Values

Schools play a significant factor in a home's value

Across the world, one phenomenon remains consistent: the location of a property significantly determines its value. But among the various factors that contribute to location value, the quality and reputation of nearby schools have emerged as particularly influential. While amenities like shopping centers, parks, and public transport play a role, a top-ranked school near a…

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10 Biggest Mistakes When Selling a Home

Avoid these common mistakes when selling your home

The journey of selling a home is filled with challenges and opportunities. While most homeowners aspire to achieve the highest possible price within a short time, numerous pitfalls can derail this process. Understanding these common mistakes can arm sellers with the knowledge to sidestep them, ensuring a smoother selling journey. Below are the ten biggest…

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July 2023 Monthly Housing Market Report [Video]

July 2023 Monthly Housing Market Report

A lack of newly listed homes contributed to an inventory crunch in the nation’s housing market, with fewer homes on the market compared to last year. There was a decline in the number of newly listed homes for sale, and the national median home list price dropped slightly to $440,000 in July.

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Home Prices Decline Again in July [Infographic]

July 2023 U.S. Housing Market Report Infographic

July 2023 Highlights The median price of homes for sale decreased by -0.9% annually to $440,000 in July, the second month in a row that listing prices decreased on a year-over-year basis. Home sellers were less active in July, with 20.8% fewer new homes listed for sale than last July. The number of homes actively…

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Why You Don’t Want to Waive the Inspection When Buying a Home

Home inspector with clipboard inspecting home exterior

Buying a home is a significant investment, and it’s crucial to make informed decisions throughout the process. One critical step in the homebuying journey is conducting a thorough inspection of the property. However, some buyers are tempted to waive the inspection in today’s competitive real estate market. This article outlines compelling reasons why waiving the…

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Five Steps to Buy the Perfect Vacation Home

A Mountain cottage is a perfect vacation home for some folks.

Owning a vacation home is a dream for many people. Whether it’s a cozy cabin in the mountains, a beachfront retreat, or a serene lakeside cottage, a vacation home offers the opportunity to escape from the daily grind and enjoy quality time with family and friends. If you’re ready to turn that dream into a…

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Ten Proven Ways to Build Equity in Your Home

Model home sitting on a stack of 100 dollar bills

Building equity in your home is a key financial strategy that can help you increase your net worth and secure a stronger financial future. Equity represents the value of your property that you truly own and can be a valuable asset that opens up various opportunities. Whether you plan to sell your home or leverage…

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Home Inventory Growth Slowed in June [Video]

June 2023 U.S. Housing Market Report Video

Home inventory growth slowed across the country in June as sellers continued to list fewer homes than last year, and buyers competed over the remaining affordable homes for sale. Although the median asking price for a home grew seasonally, June saw the first year-over-year decline in the median list price dating back to 2017.

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