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How Can It Still Be A Seller’s Market?



How Can It Still Be A Seller's Market?

How is it possible that it is still a seller’s market? For some, the answer to this question may be self-evident. Others may find the answer perplexing. In this report, we will examine how the market is performing and why things are going so well for the seller by looking at the 7-day statistics for this month. Before we wrap up, we’ll also discuss why this happened last.
So, are you curious about the first seven days of November, Homes for Sale in Bothell WA statistics? You’ve arrived at the right place. To learn what we think you should do and what the future of interest rates looks like, please read the entire report, whether you want to buy or sell a home.

November 7 Day Real Estate Market Update
You would know that the market in October was nothing out of the ordinary if you had read our previous reports. Buyers are delaying the purchase of their homes as a result of rising mortgage rates. But how has this trend transitioned into November?
At the start of this month, November demonstrated the anticipated growth. We had anticipated this, even though fewer homes are being sold. You must already be aware of this if you regularly read our reports.

Running Seven-Day Average
As the name suggests, the seven-day average is a market trend indicator for the previous seven days. It provides information on recent events, is an excellent short-term indicator, and detects trends earlier than annual reports.

New Listing — 901
Listing Sold — 870
Listing Pending — 1086
Compared To Last Month
It’s time to examine the November seven-day real estate statistics and compare them to the same month last year. And the figures for this year are as follows! Sales are increasing, inventory is decreasing, and prices are also dropping.

● Home sales increased by 122.8% on average.
● The number of listings sold is down by 2.1%.
● Under the contract decreased by 9.2%.
● Sold price vs. The original price is up by 46%.

Now is a great time if you’re considering buying or selling a home this year. Purchasing a home now and refinancing it in the upcoming quarter, when there will be a lot more demand for homes, is a great way to take advantage of this opportunity.
Compared To Last Year
When we compared the numbers from these steps to November 2021. Here’s what we discovered:

● The median number of homes for sale in WA down by 3.6%.
● The number of listings sold is up by 211.8%.
● The number of homes under contract was down by 20.5%.
● Sold price vs. The original price is down by 18.2%.

Despite a significant slowdown from last year, the housing market remained robust. The start of a housing recovery is encouraging. In the coming months, we’ll keep an eye on the housing market to see if these trends continue.

Why is It Still The Seller’s Market?
Because of the high mortgage rates, many sellers were reluctant to put their homes on the market, making this a seller’s market even today. These properties are now highly sought-after by those serious about buying a home. It is also a market that benefits sellers because they hold most of the power and can decide whether to sell their homes now or wait for interest rates to fall and the market to get out of control. We used these terms because many buyers will emerge from hiding to purchase homes in the upcoming first quarter of this year. Due to the intense competition to purchase their homes, this will be a fantastic opportunity for the sellers. In light of this, if you are a seller, you shouldn’t worry and should instead rest assured that things will only get better for you moving forward.
This is a seller’s market, not because we are seeing astronomically high home sales but because we are still getting excellent, reliable deals. This demonstrates that well-priced homes are always in high demand and sought-after buyers. Finally, we advise thorough planning before engaging in any market activity. The interest rate is expected to drop when patient buyers start looking for homes in the coming year. If you take advantage of that opportunity, you might be able to make a lot of money.


Top Strategies of Digital Marketing to Expand Online Business




Digital marketing has become the backbone of any business, especially for those who aim to expand their online presence. The use of digital marketing strategies can help businesses to reach their target audience effectively and efficiently. Here are some top strategies of formation marketing digital that can help you expand your online business.

Search Engine Optimization (SEO)

SEO is the process of optimizing your website for search engines to improve its ranking on search engine results pages (SERPs). It involves the use of various techniques such as keyword research, content optimization, link building, and more. A higher ranking on SERPs will help you get more organic traffic to your website, resulting in more leads and conversions.

Social Media Marketing (SMM)

SMM is the process of using social media platforms such as Facebook, Twitter, Instagram, and more, to promote your business. It involves creating engaging content, running ads, and engaging with your followers. Social media platforms provide businesses with a vast audience to target, making it a highly effective digital marketing strategy.

Pay-Per-Click Advertising (PPC)

PPC is an advertising model that involves placing ads on search engines and other websites. It is a highly effective way to get targeted traffic to your website. You only pay when someone clicks on your ad, making it a cost-effective way to advertise your business.

Content Marketing

Content marketing at formation digital marketing involves creating and sharing valuable content such as blog posts, infographics, videos, and more, to attract and retain a clearly defined audience. It helps to establish your brand as an authority in your industry and helps to build trust with your audience. A strong content marketing strategy can help you attract more leads and conversions.

Email Marketing                                              

Email marketing involves using email to promote your business. It is a highly effective way to reach out to your audience and keep them engaged with your brand. It involves sending newsletters, promotional emails, and more, to keep your subscribers updated with your latest products or services.

Influencer Marketing

Influencer marketing involves collaborating with influencers to promote your brand. Influencers have a large following on social media platforms, and partnering with them can help you reach a wider audience. It is a highly effective way to promote your business and build brand awareness.

Mobile Marketing

Mobile marketing in formation marketing suisse involves promoting your business through mobile devices such as smartphones and tablets. It involves creating mobile-friendly websites, using mobile apps, and more. As more people are using mobile devices to access the internet, mobile marketing has become an essential part of digital marketing.

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