It’s a new year, and many wonder what that means for the real estate market. Last year proved to be near record-breaking: pandemic-led movement out of cities and into the suburbs, low inventory, high demand, and a lack of affordable housing options. Together, this perfect storm caused home prices to soar. Sellers were thrilled. Buyers […]
Why the Zillow Home Buying Program Failed
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 […]
6 Considerations When Buying a Family Home
Buying a family home is one of the crucial moments in any young person’s life. Children change everything – from the way we spend our time to the places we live. When it’s time to buy a home for your new or growing family, consider the following factors to ensure you find the home of […]
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 […]
Is It Time for Realtors to Go Back to Work?
As COVID-19 cases plateau across the country, many industries are opening up. Is it time for Realtors to get back to work, too? The Spring real estate cycle is upon us. With interest rates at historic lows, many buyers are ready to purchase a home, even amidst a pandemic. Home sales have slowed during the […]