11 reasons for sale by owner is a terrible idea

Frank, a smart and tech-savvy Denver homeowner, thought he’d skip the agent commission and sell his house himself. He researched his home’s property value, found a buyer and got the house under contract. It seemed like a done deal.

11 reasons for sale by owner is a terrible idea

Frank, a smart and tech-savvy Denver homeowner, thought he’d skip the agent commission and sell his house himself. He researched his home’s property value, found a buyer and got the house under contract. It seemed like a done deal.

Buyers Deflated by Inventory Woes: NAR

Buyers are holding out hope in peak real estate season, but against the inventory squeeze, their confidence was shaken this spring, according to the National Association of REALTORS® (NAR). The amount of buyers confident in their housing market prospects stalled at 68 percent, according to NAR’s Housing Opportunities and Market Experience (HOME) second quarter survey—identical […]

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Homeowners: May Is the Best Month to Sell

If you are considering listing this spring, now is the time. May is the best bet for home sellers, according to an analysis by ATTOM Data Solutions, which found that the average seller gains 5.9 percent more than market value—the highest of all months—in the fifth month of the year. June is profitable for sellers, […]

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New Data Finds Homeowners Struggle When Selling, Despite Hot Market

Twelve days before Thanksgiving, Mark and Sue Meaney decided to put their 109-year-old house on the market. They looked at comps of similar-sized homes near their St. Paul neighborhood, agreed on a price with their agent and waited anxiously for their first offer to roll in. Mark and Sue knew their timing wasn’t ideal. The […]

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Home-Selling Can Come With $18,000-Plus Price Tag

Are you a homeowner listing your property for sale? Consider the expenses that are often overlooked by sellers: cleaning costs, moving costs, painting, staging… “Even in the hottest housing markets in the country, selling a home takes time and costs money,” says Jeremy Wacksman, CMO at Zillow, which assessed the costs that come with listing in […]

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Is the Economy Fostering Optimism in Real Estate? Not Yet

Confidence in the economy is high, but optimism about ownership is not, according to the National Association of REALTORS® (NAR). The amount of buyers who are confident about their prospects shrank to 68 percent in NAR’s quarterly Housing Opportunities and Market Experience (HOME) survey, a decline from 72 percent last quarter. Fifty-five percent of renters […]

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10-Year High Profits for Sellers

Homeowners are profiting when selling—and their average earnings haven’t been this high since 2007. At the close of 2017, the average home seller gained $54,000, or a 29.7 percent return on investment (ROI), in the transaction, according to ATTOM Data Solutions’ recently released Year-End and Q4 2017 U.S. Home Sales Report. Contradictory, however, is their […]

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NAR: Even With Economic Gains, Homebuyers and Sellers Unsure

Even with economic gains and employment growth, homebuyers and sellers are less optimistic about their prospects, according to recently released findings from a survey by the National Association of REALTORS® (NAR). NAR’s quarterly Housing Opportunities and Market Experience (HOME) report reveals 60 percent of renters believe now is a good time to buy a home, […]

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NAR: Homebuyers, Sellers Stuck in Neutral

Homebuyers and sellers are confident in the housing market, but there are few sales to show for it, according to recently released findings from a survey by the National Association of REALTORS® (NAR). NAR’s quarterly Housing Opportunities and Market Experience (HOME) report reveals homebuyers and sellers are stuck in neutral, despite a record 80 percent […]

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