What buyers are up against in today’s world

Understanding the perspective of your potential and actual clients is an important part of providing great service. My wife and I decided to buy a place to retire in the middle of a worldwide pandemic. I’ve bought several homes and taken part in hundreds of home sales, but this is unlike anything anyone has experienced.

Opendoor temporarily suspends homebuying, citing safety concerns

A spokesperson for the iBuyer said the company’s priority is “the safety and well-being of our customers, employees and the general public.”

Zillow has been buying homes for a year now. How’s it going?

It’s been a year since Zillow’s ambitious undertaking to buy and sell homes to consumers with quick-close, all-cash offers under the “iBuying” model.

Want a good deal on a home? Buy in December

The day after Christmas is the best day to buy a home if you’re looking for a discount, according to a new study from Attom Data Solutions. Overall December is the best month to buy a home if you’re looking for a deal, the study found.

Want a good deal on a home? Buy in December

The day after Christmas is the best day to buy a home if you’re looking for a discount, according to a new study from Attom Data Solutions. Overall December is the best month to buy a home if you’re looking for a deal, the study found.

Has the ‘Tinder effect’ taken the romance out of homebuying?

The “Tinder effect” — the advent of “swiping right” to find a match or “swiping left” to reject it on a split-second first impression — has created an environment that can lead buyers to overlook important intangibles that only come with visiting a home in the flesh.

Affordability Aside, Housing Optimism Picks Up

The confidence consumers have in housing is picking up steam—but not because of the market outright, according to the August Fannie Mae Home Purchase Sentiment Index® (HPSI). At 88, the gauge grew 1.5 percentage points month-over-month; however, the confidence consumers have is on par with the prior year, and they are more keen on macro […]

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Beware Location Remorse: Over a Third Have ‘Neighborhood Regret’

You can change a house—location is tougher. According to new research by Trulia, 36 percent of Americans have “neighborhood regret,” or would have moved to another neighborhood than the one they reside in today. The feeling is heightened in metros, where 46 percent are dissatisfied with their pick, but less pronounced in rural areas (31 […]

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Challenged by a Down Payment? The Easiest Markets to Save For

One of the biggest challenges for first-time homebuyers is saving. Coming up with a down payment is a hurdle for the majority of millennials, shows study after study—but, there are areas where the average earnings are enough to save sufficiently, according to an analysis recently released by RealEstate.com. The easiest market? Chicago, where the average […]

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Confidence in Housing Teeters

After a positive start to the summer, the confidence consumers have in housing is teetering, according to the Fannie Mae Home Purchase Sentiment Index® (HPSI) for July. At 86.5, the Index sunk 4.2 percentage points month-over-month, and 0.3 percentage points year-over-year. Twenty-four percent of homebuyers were optimistic about purchasing—a four-percentage point dip from June—and 41 […]

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