The housing market is going through a transition. Higher mortgage rates are causing more moderate buyer activity at the same time the supply of homes for sale is growing. And if you aren’t working with an agent, you may not realize that. Here’s the downside. If you’re not informed, you can’t adjust your strategy or ...
Continue ReadingMillennials now make up a large percentage of our country’s population. According to the National Association of Realtors, they also now make up around 42% of home buyers. As their family sizes increase and they begin to reach their prime earning potential, a new and larger home is something that ...
Continue ReadingUnless you’re selling a home in a hurry, you should prepare for the sale in detail. Even though you might not see it now, there are many ways to maximize your home sale price. Simple improvements and certain tricks will make your home more desirable among potential buyers and ensure ...
Continue ReadingWhen showing your home, you want everyone to see the beauty in it, but no matter how much you love your house, not everyone will get the same impression. Luckily, there are certain tips and tricks that can help you attract buyers when showing and staging your home. Following are ...
Continue ReadingThrough all the volatility in the economy right now, some have put their search for a home on hold, yet others have not. According to ShowingTime, the real estate industry’s leading showing management technology provider, buyers have started to reappear over the last several weeks. In the latest report, they revealed: “The ...
Continue ReadingWith the release of the latest Economic Pulse Flash Survey from the National Association of Realtors (NAR), results show that people selling their houses today are holding strong on price. According to the most recent data, 74% of real estate agents noted that sellers are not dropping listing prices to attract more buyers. Lawrence Yun, Chief Economist at ...
Continue ReadingA big challenge facing the housing industry is determining what impact the current pandemic may have on home values. Some buyers are hoping for major price reductions because the health crisis is straining the economy. The price of any item, however, is determined by supply and demand, which is how ...
Continue ReadingIn a recent survey by realtor.com, people thinking about selling their homes indicated they’re generally willing to allow their agent and some potential buyers inside if done under the right conditions. They’re less comfortable, however, hosting an open house. This is understandable, given the health concerns associated with social contact these days. ...
Continue ReadingSome Highlights: A recent realtor.com survey revealed that buyers are still considering moving forward with the home buying process, even if they can’t see the home in-person. While they still prefer to physically see a home, virtual home tours and accurate listing information top the list of tech specs buyers find most ...
Continue ReadingThe residential real estate market has come roaring out of the gates in 2020. Compared to this time last year, the number of buyers looking for a home is up 20%, and the number of home sales is up almost 10%. The increase in purchasing activity has caused home price appreciation to ...
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