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Tag Archives: Housing Market

Seller Confidence Gets a Boost

A solid March selling season has left sellers feeling pretty confident. A new report by Redfin finds sellers increasingly see themselves with more leverage in a sale. But not everyone thinks the tactics sellers are using are the smartest ones.

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The Fastest Moving Markets in the Country

The majority of the fastest moving market areas can be found in California. The number one hottest market for both March and February was Vallejo-Fairfield, California; followed by San Francisco-Oakland-Hayward, California. The median age of inventory for these two areas were 33 days and 26 days, respectively, well below the nationwide median. Areas in California make up nine of the Realtor.com’s top 20 hottest markets. Javier Vivas, Manager of Economic Research at Realtor.com, noted the large drops om days on the market, and its indication of a strong spring buying season.

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The Pros and Cons of Gentrification

The eventual increase in home and rent prices due to the gentrification of certain U.S. cities is good news for some. However, this process also has a dark side for those who can no longer afford to live in the areas which they previously called home.

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