Housing Inventory on the rise

Housing Market on the Rise

After years of falling inventory and really tight markets, things are beginning to change. Redfin reports that listing grew 6.4 % between march and april and 4.2% between april and may. Last year it fell all year. They say that if things keep up like this we should be normal by the end of the year.

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Lots of cool apps for real estate investors

Take advantage of the new tools for doing research about what is going on in specific area. I use redfin to check out mls listings so i can see what condition the property was in when it sold. Regular comps don’t give you that info. You can also find out how long a property was on the market and how often it went into and fell out of escrow and price changes.

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