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Summary
In this episode, Kyle discusses the May market conditions in Fargo, Moorhead, and West Fargo. He highlights the two different real estate markets within the area based on price points, properties priced at $350,000 and below are in high demand and experiencing a seller's market, while properties priced at $350,000 and above are seeing more stagnation and price reductions. Kyle emphasizes the importance of watching the days on market metric and how it can indicate negotiation power for buyers. He also shares the value of attending local real estate meetups to learn and network.
#Maymarketconditions #Fargo #Moorhead #WestFargo #sellersmarket #daysonmarket #REI
Chapters
00:00May Market Conditions in Fargo, Moorhead, and West Fargo
02:05The Two Market Market: $350,000 and Below vs. $350,000 and Above
05:22The Importance of Watching the Days on Market Metric
09:41Negotiation Power in the Market
14:01The Value of Local Real Estate Meetups
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