by RealtyBizNews | Jun 25, 2021 | existing home sales, home inventory growth, Home Sales, housing inventory, may 2021, National Association of Realtors, Real Estate News
Strong buyer demand coupled with limited housing inventories saw sales of existing-homes fall for the four month in a row in May. Existing home sales were down 0.9% compared to the month before, though they will still up 44% on a year over year basis, according to the...
by RealtyBizNews | Jun 22, 2021 | Home Sales, Real Estate News
What to Know About a Seller Concession Many terms get bantered around in real estate that either a buyer or seller may not know the meaning of. One such term is seller’s concessions. It is not uncommon at all for a client to ask what are seller concessions....
by RealtyBizNews | Jun 10, 2021 | economic easing, economic recovery, Featured News, Federal Reserve, Home Sales, housing, housing boom, housing bubble, interest rates, investment bubble, Jerome Powell, Peter Boockvar, Real Estate Investing, real estate market, Real Estate News, The Fed, U.S. Federal Reserve
With the U.S. Federal Reserve Chairman Jerome Powell set to announce inflation data today, many are on the edge of their seats anticipating what may be an interest rate hike coming soon. While vested interests prefer to paint a rosy picture for perpetuating a crazy...
by RealtyBizNews | Jun 1, 2021 | Home Sales, housing inventory, inventory shortage, median home prices, News, Real Estate News, Redfin survey
The ongoing housing inventory crunch in the U.S. has forced numerous home buyers into bidding wars on the few available listings they can find, and as a result, more than half of all existing homes sold for above their list price in the four-week period ending May 23....
by RealtyBizNews | May 26, 2021 | home buyer, home improvement, Home Sales, HVAC, lighting, lighting design, Real Estate News, Real Estate Resource, real estate tips, sales tips, selling homes, summer sales, Summerhill Place LLC
Wondering what potential buyers are looking for when buying a home in Summer? Before you put your house on the market, there’s a bit more than market research, freshen-up paint, and cleaning that needs to go on. Face it, selling a house during the vacation season can...
by RealtyBizNews | May 16, 2021 | fast home sales, Home Sales, leaseback agreement, Real Estate News, rent-back
Homes are selling faster than ever before, and at the same time finding a new one to live in has become such an arduous task that some sellers are facing big problems. With existing home inventories super tight and competition among buyers for the few homes that are...