The Truth About Newly Built Homes and Today’s Market




Headlines are talking about the inventory of new homes and how we’re back at the levels not seen since 2009. And maybe you’re reading that and thinking: oh no, here we go again. That’s because you remember the housing crash of the late 2000s and you’re worried we’re repeating the same mistakes.

But before you let fear take hold, remember: headlines are designed to be clickbait. And a lot of the time, they do more to terrify than clarify. That’s because they don’t always give you all the context you need. So, let’s take a step back and look at what the data really says.

Why This Isn’t Like 2008

While it’s true the number of new homes on the market has reached its highest level since 2009,…

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House Hunting Just Got Easier – Here’s Why




If you’ve been frustrated by the lack of homes for sale over the past few years, here’s some good news. You have more options, so it may finally be time to kick off your home search again. As Daryl Fairweather, Chief Economist at Redfin, explains:

“Now is the best time to buy in the last two years. Mortgage rates are comparable to what they were two years ago, and prices remain high. However, there is significantly more inventory . . .”

The number of homes for sale has grown compared to last year, and even more options are on the way. While this is typical for the busy spring season, here’s why this is so important right now.

Homeowners are listing their houses at the highest pace we’ve seen in a…

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The #1 Thing Sellers Need To Know About Their Asking Price




When you put your house on the market, you want to sell it quickly and for the best price possible; that's generally the goal. But too many sellers are shooting too high right now. They don’t realize the market has shifted as inventory has grown. The side effect? Price cuts are on the rise, but they really don’t have to be. Here’s why.

According to data from Realtor.com, in February, price cuts were the highest they’ve been in any other February since 2019 (see graph below):

If you consider that 2019 was the last true normal year for the housing market – that's a big deal. We’re getting back to what’s typical for the market.

This isn’t the same frenzied seller’s market we saw…

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RealTrends 2024: Charter One Realty Joins the Ranks of America's Best


Charter One Realty is proud to announce its inclusion in the 2024 RealTrends 500, a prestigious ranking of the nation’s largest and most successful residential real estate brokerages, based on closed sales volume and transaction sides.

Now in its 36th year, the RealTrends 500 remains the industry’s most trusted and comprehensive benchmark for residential real estate performance. All data submitted is independently verified, ensuring the accuracy and integrity of the rankings. To qualify for the 2024 list, firms were required to close a minimum of 500 transaction sides or exceed $350 million in closed sales volume — a threshold met by less than 2% of real estate brokerages in the…

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