atlanta housing market slowing down
Winter is usually a slower season for the housing market as buyers go into hibernation and homes take longer to sell which likely contributed to the longer hold time for iBuyers. The housing market is off to a busy start in 2022 with new records being observed in pace of home-price growth and median listing price.
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This growth fueled by job growth has finally consumed the.
. In addition the labor and materials shortages that have contributed to a new-home construction backlog are likely slowing the speed of repairs and updates made by iBuyers as. With 19202 homes sold in Salt Lake County 2021 saw another record-breaking price rise and it is. More houses were sold in 2020 than in any prior year putting 2021 on pace to be the second-highest sales year ever.
The Phoenix housing market was a headline in the news a decade ago when the housing crisis of 2007 and 2008 caused home values here to fall by as much as half. The slow recovery of the national housing market has taken a decade. Since 2006 the population has grown faster than housing.
According to the most recent Salt Lake County house sales data it seems that Utahs housing market may be slowing ever so little in the near future.
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