Homebuyers today are facing a huge dilemma. There simply aren’t enough homes for sale.
Continue reading New Construction or Existing Home?New Construction or Existing Home?
Category Archives: Home Buying Tips
9 Tips for Buying and Selling a Home at the Same Time
Selling your home when you also are buying a new one can feel daunting to even the most seasoned homeowner. This is especially true when the demand for new homes keeps rising, but the supply feels like it’s dwindling. You’re not alone either if you’re already feeling drained by the complex logistics of buying and selling all at once.
Continue reading 9 Tips for Buying and Selling a Home at the Same TimeAppraisals: Why are They so Important in Today’s Real Estate Market?
If you’re searching for drama, don’t limit yourself to Netflix. Instead, tune in to the real estate market, where the competition among buyers has never been fiercer. And with homes selling for record highs, the appraisal process is receiving more attention than ever.
Continue reading Appraisals: Why are They so Important in Today’s Real Estate Market?House Hunting? Don’t Forget these Lifestyle Considerations
Imagine the first place you lived as a young adult. Now imagine trying to fit your life today into that space. Not pretty, right?
For most of us, our housing needs are cyclical. A newly independent adult can find freedom and flexibility in even a tiny apartment. That same space, to a growing family, would feel stifling. For empty nesters, a large home with several unused bedrooms can become impractical to heat and clean. It’s no surprise that life transitions often trigger a home purchase.
Continue reading House Hunting? Don’t Forget these Lifestyle ConsiderationsShould I Buy or Sell a Home Without a Real Estate Agent?
Today’s real estate market is one of the fastest-moving in recent memory. With record-low inventory in many market segments, we’re seeing multiple offers on most homes. We’re also seeing bidding wars—for homes in the most sought-after neighborhoods. This has led some sellers to question the need for an agent. After all, why spend money on a listing agent when it seems that you can stick a For Sale sign in the yard then watch a line form around the block?
Continue reading Should I Buy or Sell a Home Without a Real Estate Agent?9 New Year’s Resolutions for Buyers, Sellers and Homeowners
The start of a new year always compels people to take a fresh look at their goals, from health and career to relationships and finance. But with historically low mortgage rates, increased home sales and price growth, and a tight housing inventory, the time is right to also make some homeownership resolutions for 2021.
Continue reading 9 New Year’s Resolutions for Buyers, Sellers and Homeowners5 Secrets Buyers and Sellers Must Know About Virtual Home Tours
For years now, virtual home tours have helped real estate buyers far and wide find the perfect home. They help military personnel being relocated, investors expanding their portfolio, and homeowners looking for a vacation getaway. Virtual tours make finding a house that’s out of driving distance much easier. And for real estate agents, virtual tours have been a useful way to help buyers with their home search. They also allow us to assist sellers in creatively marketing their homes.
Continue reading 5 Secrets Buyers and Sellers Must Know About Virtual Home ToursWhat’s Ahead for Real Estate?
Traditionally, spring is one of the busiest times of the year for real estate. However, the coronavirus outbreak and subsequent stay-at-home orders led many buyers and sellers to put their moving plans on hold. In April, new listings fell nearly 45%, and sales volume fell 15% compared to last year.
Fortunately, as restrictions have eased, we’ve seen an uptick in market activity. And economists at Realtor.com expect a rebound in July, August, and September, as fears about the pandemic subside, and buyers return to the market with pent-up demand from a lost spring season.
But given safety concerns and the current economic climate, is it prudent to jump back into the real estate market?
Continue reading What’s Ahead for Real Estate?Everything You Need to Know About iBuyers
Technology is changing the way we do almost everything, and real estate transactions are no exception. In fact, a new crop of tech companies wants to revolutionize the way we buy and sell homes. They have brought a new kind of home buyer, called iBuyers, into the market.
iBuyer startups like Opendoor, Offerpad, and Properly are rapidly expanding into new territories. And now established players, like Zillow, are starting to get in on the action. Also known as Direct Buyers, these companies use computer algorithms to provide sellers with a quick cash offer to buy their home.
While the actual market share of iBuyers remains small, their big advertising budgets have helped create a noticeable buzz in the industry. This has left many of my clients curious about them and how they work.
In this article, I explain their business model, weigh the pros and cons of working with an iBuyer, and share strategies you can use to protect yourself if you choose to explore this new option to buy or sell your home.
Continue reading Everything You Need to Know About iBuyers