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A Tale of Two Real Estate Markets

shannonjones Featured Articles Leave a Comment

Six months ago, we reported that the mismatch between the type of inventory of homes for sale and the demand of buyers in the US was causing the formation of two markets. In the starter and trade-up home categories, there were significantly more buyers than there were homes for sale, causing a seller’s market. In the premium, or luxury, home categories, the opposite was …

Price-Up-KCM

Sales Up In (Almost) Every Price Range!

shannonjones Featured Articles , Real Estate , Selling a Home Leave a Comment

This is great news for Sellers! The National Association of Realtors’ most recent Existing Home Sales Report revealed that home sales were up rather dramatically over last year in five of the six price ranges they measure. Only those homes priced under $100,000 showed a decline (-7.7%). The decline in this price range points to the lower inventory of distressed …