It’s June and time for a mid-year market update to review this year’s most important real estate news and get a sneak peek into what analysts predict is around the corner for 2024.
Continue reading 2024 Mid-Year Market Update: What Buyers and Sellers Need to Know
Even in today’s fast-moving market, home updates and design are still important. They are one of the first things buyers notice when entering your home. Luckily, compared to many things in the real estate market that you can’t control, these are details that you can.
Continue reading 8 Popular Home Updates for 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
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?
We’re in the midst of the longest economic expansion in U.S. history, and the real estate forecast says there’s still room to grow. A recent survey by the National Association for Business Economics found that experts believe the U.S. economy will remain positive throughout 2020.
Still, given that recessions are a natural (and necessary) part of a business cycle, we know this period of growth will inevitably end. So you may be wondering, how will an eventual recession impact the real estate market?
Continue reading Real Estate Market Forecast 2020