Where is real estate headed in 2022? Last year was definitely one for the real estate history books. The pandemic helped usher in a buying frenzy that caused home prices to soar nationwide by a record 19.9% between August 2020 and August 2021.
Continue reading The State of Real Estate in 2022
Zillow announced earlier this month that it was shutting down its Zillow Offers iBuyer program. Zillow’s failure illustrates the limitations of technology in the real estate market. Technology is helpful, but it still takes a real estate expert to understand the nuances of the market. And understanding the market allows real estate professionals to help buyers and sellers by properly pricing and selling homes.
Continue reading Zillow Offers Failure Shows Value of Real Estate Experts
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 Time
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 Homeowners
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 Tours
Whether you’re prepping your house to go on the market or looking for ways to maximize its long-term appreciation, these nine home improvement projects are great ways to add function, beauty, and real value to your home.
Continue reading Add Value to Your Home with These 9 DIY Improvements
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?