If you’ve been paying attention to real estate trends, you’ve probably heard that many markets are slowing. Some experts even predict a housing recession beginning in 2020, thanks to rising interest rates and monetary policy. However, many American markets are still seeing record growth. We’ve uncovered the ten hottest real estate markets in the first […]
Understanding Real Estate Terms: What is Earnest Money?
The home buying process can be a complicated ordeal, especially for the first-time homebuyer. There are stacks of paperwork to sign, dozens of financial forms to fill out, and the seemingly foreign language of real estate terminology to navigate. It can be confusing. One of the terms you’ll hear is “earnest money.” What is it, […]
Millennial Homebuyers: 7 Surprising Facts Realtors Should Know
Millennials have now overtaken Baby Boomers as the largest population in the United States. Marketing to millennial homebuyers hasn’t been a top priority for many real estate agents in the past, but that’s all starting to change. Adults under the age of 35 – those who identify as millennials – are now buying homes at […]
Marketing to First-Time Homebuyers: A Realtor’s Guide
Millennials are buying their first homes – and buying them in record numbers. The 2019 National Association of Realtors (NAR) Buyer and Seller Generational Trends Report found that the number of young, first-time homebuyers is on the rise. Millennials, identified as those born between 1980-1999, comprise about 37% of the overall home buying market. Millennials […]
How to Avoid Being Denied After Clear to Close
You’ve found the perfect home, made an offer, completed all the paperwork with your lender, and you receive the exciting news: you’re “clear to close.” For many homeowners, it’s the news they’ve been waiting for: the finish line to a long and sometimes arduous process. However, a clear to close is not the finish line. […]
Realtors: Here’s Where to Find Home Buyers!
If you’re still pouring money into mailers and print advertising, you’re missing half the population. A 2018 study found that 50% of home buyers find the right house via an online search. More than 90% of all homebuyers will search homes online at some point in the process. Real estate related searches have increased by […]