Tight supply and rising prices continue to weigh on the minds of homebuyers, according to the latest Fannie Mae report on home purchase sentiment. Here are the detailed findings.
Read More »Where are Homes Selling for Millions?
Some lucky home sellers have made a serious killing at the closing table since the turn of the century. Just how many? That’s the million-dollar question … and one a data provider set out to answer.
Read More »Gauging the Profitability of Selling a Home
How easy is it for sellers to purchase a new home at today’s prices, even with their newfound returns?
Read More »Are Brazen Seller Demands Affecting Homebuyers?
From waiving appraisals to demanding cash, home sellers are making unconventional demands, according to a survey. Could homebuyers be losing out on a purchase due to these “unrealistic demands?”
Read More »Family Over Location for Millennials
They’re the most active generation of homebuyers in the market today, but unlike their Gen X or Baby Boomer parents, millennials prefer to buy homes that are close ...
Read More »Buyers and Sellers Get Smart About Homes
The smart home trend is here to stay as more and more homebuyers and sellers embrace virtual reality for prospective homes and smart technology to add value to a home’s price.
Read More »Seller ROI Hits Highest Point Since 2007
Home seller ROI has hit an all-time high as of Q1 2017. The average seller now makes a 24 percent return on their original purchase investment, amounting to about $44,000 per sale. This is the highest point for seller ROI since 2007.
Read More »Homebuyers, Sellers Struggling to Adapt to Market Changes
As the housing recovery downshifts from last year's pace, the latest survey of real estate agents by national brokerage Redfin finds homebuyers and sellers are having trouble getting on the same page with each other and with the new shape of the market.
Read More »As Sellers Gain Confidence, They Engage in ‘Risky’ Pricing Approach
As home sellers become more confident in the housing market, many are taking on what Redfin calls a “risky pricing strategy,” according to the online real estate brokerage’s latest survey. A little more than 40 percent of home sellers plan to price their homes above market value, Redfin’s data shows. Regardless of this bolstered confidence, Redfin warns overpricing a home is not a wise strategy in today’s market.
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