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2. NBC News is measuring how hard it is to buy a home right now

   www.aol.com/nbc-news-measuring-hard-buy...

   Why is it so hard to buy a home? Prices have far outpaced middle-class incomes. Mortgage rates are above 7% for the first time since 2002. And 3 out of 10 homes are sold above listing price.

3. Fair market value - Wikipedia

   en.wikipedia.org/wiki/Fair_market_value

   The fair market value of property is the price at which it would change hands between a willing and informed buyer and seller. The term is used throughout the Internal Revenue Code , as well as in bankruptcy laws, in many state laws, and by several regulatory bodies.

4. Housing market still a struggle for first-time buyers - AOL

   www.aol.com/finance/housing-market-still...

   First-time homebuyers made up about a third of the market in 2023. ... Percentage of buyers who paid more than asking price: 25. Percentage of buyers who financed the purchase: 80.

5. Four things we learned from the first Home Buyer Index report

   www.aol.com/news/four-things-learned-first-home...

   The price of a home the average homebuyer could afford has nearly halved since December 2020. In 2019, a household earning the median income could afford to buy the median-priced home in 94% of U ...

6. Market value - Wikipedia

   en.wikipedia.org/wiki/Market_value

   Market value or OMV (Open Market Valuation) is the price at which an asset would trade in a competitive auction setting.Market value is often used interchangeably with open market value, fair value or fair market value, although these terms have distinct definitions in different standards, and differ in some circumstances.

7. Fair value - Wikipedia

   en.wikipedia.org/wiki/Fair_value

   In accounting, fair value is a rational and unbiased estimate of the potential market price of a good, service, or asset. The derivation takes into account such objective factors as the costs associated with production or replacement, market conditions and matters of supply and demand .