There are several reasons why you might be ready to sell an investment property. Perhaps it’s time to take advantage of the appreciation value, or maybe you need more time to focus on other investment opportunities. Whatever the reason is, there are a few things you should know about trying to sell a tenant-occupied home. […]
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To Sell Your Home Quickly, List it on a Thursday Before Labor Day
Homes listed on a Thursday sell faster and are more likely to sell above list price than those listed on any other day of the week. Nationally, 21% of homes are listed on a Thursday, and it’s as high as a third of homes in some markets. Persistent and sustainable buyer demand has kept the […]
A Buyers Guide to a Sellers Market
When buyers outnumber sellers, it’s important to be flexible and ready to move quickly when the right home comes along. Navigating the home-buying process can be difficult in the best of times, but it can be especially stressful when you’ve planned and saved, only to see your favorite homes snatched up before you can even […]
How to Create Your Ultimate Outdoor Kitchen
Create a beautiful outdoor cooking space for relaxing and entertaining all summer long. As summer approaches and temperatures start to rise, no one wants to spend time inside sweating over a hot stove. With an outdoor kitchen, you can make the most of the beautiful warm nights by spending them with your friends and family. […]
Don’t Play, Parents: Homes With Kid-Friendly Features go Fast
Listing keywords indicating nearby parks, bonus space, and pools are some of the hottest for attracting home shopping families. Families should expect to pay more for kid-friendly features, with listings that mention “treehouse” or “garage” associated with a 2.2% sale premium. Kid-friendly homes are also selling quicker than expected. Homes with a backyard mentioned in […]
History Not Repeating: Why Today’s Housing Market Won’t Turn into 2008’s
Today’s housing fundamentals — including supply, demand and overall financial conditions — are markedly different than in 2008, and current conditions are largely sustainable. Housing supply is extremely tight — arguably the one factor most dramatically different today from the 2008-era market, when a wave of foreclosures following years of robust homebuilding pushed supply well […]
Summer 2021: Red hot housing prices
We are getting new data on just how hot real estate prices are across the country. Ben Winck and Libertina Brandt of Business Insider open up this week with expert commentary on the state of housing prices, noting that despite elevating prices there is no sign of a bubble, and prices may continue to climb for the foreseeable future due to tight supply. […]
The housing market is looking a lot like 2006: Are we in bubble territory?
Home sales are going bonkers in most of the country. According to new data, new single-family home (SFH) sales in March increased 20% from February, and 66% from March 2020. Sales were up year-over-year 108% in the Northeast, but down slightly by 2% in the West. That said, overall sales of existing SFHs fell 4% in […]
The Reality Is People Have More Options Because More Housing Is Being Built
A Great Nationwide Analysis from The Housing Bubble Blog A report from WTSP on Florida. “If history is any indication, Joe Manausa says we are not currently in another housing bubble. The Florida-based realtor and author, with 30 years experience in the business, says rarely do we see the average housing price in the U.S. decline. In […]
More realtors than homes for sale???
A snapshot from the Weekly Real Estate Newsletter Stessa We open up this week with news about Nicole Friedman’s Wall Street Journal (subscription required) article about how in January, there were more realtors in the US than homes for sale. By the end of January, there were 1.04 million homes for sale nationwide, down 26% year-over-year and the lowest […]