Everyone wants to know where the real estate market is headed. There was big news in November when the real estate giant, Zillow, known for its consumer website and property value estimates, announced it would no longer be buying homes. In the recent real estate runup, Zillow had turned from its core business model of providing real estate listings to gain consumer interest and then selling the consumer’s contact information to real estate agents and brokerages. Zillow had transformed into a … [Read more...] about Top Ten Trends Impacting Real Estate
Inman News
Top Seven Actions Homebuyers Can Take to Improve Chances for an Accepted Offer
It’s no secret that the housing market has been red-hot over the past year. Some cooling of the market is expected in the next six months; however, shifts in demographics, growth in population along with low interest rates indicate it will be a seller’s market for the foreseeable future. Here are the things buyers most often consider to sweeten the deal and get their offer accepted in this market: 1) Offer over asking price – This is a common occurrence as more buyers arrive in Arizona … [Read more...] about Top Seven Actions Homebuyers Can Take to Improve Chances for an Accepted Offer
Experts Offer Overview of Real Estate Market
Google reported last week that the search question, “When is the housing market going to crash?” spiked 2,450% in the past month. We have a classic supply and demand issue, coupled with some of the lowest mortgage rates on record and a national reshuffling of population groups that has sent prices soaring higher in 2020 than any year since the Great Financial Crisis. Realtor.com reports the national median list price at $375,000, up 17% from the year before. Listings are down nationwide 53% … [Read more...] about Experts Offer Overview of Real Estate Market