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Homebuyers Brace for Big Changes Ahead as Inventory Climbs and Sellers Slash Prices

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Homebuyers Brace for Big Changes Ahead as Inventory Climbs and Sellers Slash Prices. The housing market is cooling down after years of consistent growth. metros climbed 41% in July, especially in popular cities like Phoenix, Austin, and Raleigh, where inventory rose 158.7%, 154.5%, and 137.5%, respectively.

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Housing Market Shows First Signs of Normalizing in 2023—Here’s What That Means for Homebuyers

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Housing Market Shows First Signs of Normalizing in 2023—Here’s What That Means for Homebuyers. Sidelined buyers who have been waiting for price reductions and a boost in for-sale inventory may find opportunities for homeownership in 2023. Raleigh, N.C. saw the biggest increase in active inventory, up 226.2%

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Home Price Gains Expected in Unseasonably Warm Winter Housing Market

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Home Price Gains Expected in Unseasonably Warm Winter Housing Market. Zillow’s November 2021 market report shows strong activity in a typically slow season for the housing market. The largest annual inventory declines in November among the largest 50 markets were in Miami (-45.8%), Raleigh (-39.6%) and Denver (-38.9%).

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How the Housing Market Fared in February 2022

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How the Housing Market Fared in February 2022. It’s been two years since the start of the COVID-19 pandemic, and the latest February 2022 market report reveals just how much the housing industry has changed. monthly decline from January, with markets like Raleigh, Hartford, Providence, and Miami seeing the greatest supply deficits.

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Home Sales Slow as Buyers Pull Back, but Not All Regional Markets Are Cooling Equally

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days before closing, and warmer areas like Raleigh are seeing similarly speedy sales, says Realtor.com. Low inventory has been an issue in the market, says Matt Fowler, executive director of Triangle MLS. He says more area houses sold in 2021 than in any year before—and that pace has kept up this year so far. Housing Markets.

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Home Prices Are Starting to Drop Across the U.S.—Here Are the Markets Seeing the Biggest Declines

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A housing correction is underway, and the nation's hottest markets will be the first to see major price reductions over the coming months. Inventory is climbing, too. The biggest jumps in listings were in markets like Raleigh and Charlotte in North Carolina and Nashville on a month-over-month basis. Housing Markets.

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The Top 10 Real Estate Markets of 2023 Are All Located in the South

Pro Builder

The Top 10 Real Estate Markets of 2023 Are All Located in the South ldeakins Tue, 01/24/2023 - 11:45 These popular southern homebuying destinations offer robust job markets and a rising inventory of affordably priced homes The U.S. A fast-growing tech hub with low unemployment, Raleigh has seen home prices increase by almost 30% since 2020.