In early November, the Zillow home buying program known as Zillow Offers announced its departure from the iBuying sector. What happened with Zillow Offers? And does this mean iBuying is a thing of the past? What is an iBuyer? iBuyers are a relatively new phenomenon in the real estate market. An iBuyer (instant buyer) is […]
Low Real Estate Inventory Across the U.S.
A year into the COVID-19 pandemic, the residential real estate market is booming. It’s a big change from Spring 2020 when uncertainty and fear of a then-unknown virus brought the housing market to a near-standstill. Since rebounding in Summer 2020, the market exploded, and now we are facing a new problem: low real estate inventory […]
Traffic Increasing on Real Estate Sites During COVID Pandemic
The pandemic has been difficult for all of us. However, there is one bright spot amid all the hardship: the real estate market is thriving. With so many of us stuck at home, traffic on real estate sites has skyrocketed. For brokers and agents, now is the time to seize the opportunity and revamp our […]
Where is the Millennial Home Buyer? Why Fewer Young People Are Buying Real Estate
Homeownership has long been touted as part of the American Dream. However, for younger generations, that dream has been nearly unobtainable. With ever-increasing debt, rising home prices, and a trend towards urban living, millennials have been slower to buy than the generations before them. But the millennial home buyer is finally entering the market, and […]
Home Buying Remains Strong in 2020
In March, as life all but came to a screeching halt due to the COVID-19 pandemic, many real estate professionals held their collective breath and waited for catastrophe. However, despite doomsday predictions from some experts, home buying remains strong. In fact, home sales are trending to beat last year’s numbers, even amid the worst pandemic […]
6 Financial Tips for Real Estate Agents
This has been an unprecedented year. With more than 10% of Americans facing unemployment and an economy on edge, many professionals are worried about the future. For real estate professionals, the uncertainty is palpable. Even as home sales continue to surge, other economic challenges in our families, our investments, and our communities impact our lives. […]