Just How Popular Has iBuying Become?
In 2019, one out of every 100 homes were purchased by an iBuyer, short for instant buyer, per a new report from real estate brokerage… Read More »Just How Popular Has iBuying Become?
Housing Market
Commentary on the latest housing market news, with a focus on home prices, buying and selling conditions, and if another housing crash is right around the corner.
Hint: It probably isn’t for a while, at least with regard to home prices. Though you could argue there’s a major affordability crisis at the moment.
In short, a lack of for-sale supply continues to plague the housing market.
This absence of inventory has resulted in record high home prices, despite a surge in mortgage rates from the 2-3% range to 7% and higher.
And it’s probably hurting first-time home buyers the most, whether it’s an affordability issue or the inability to find a property.
At the same time, home sellers remain in a good spot due to this lack of supply and still relatively strong demand.
The problem for them might be finding a suitable replacement property.
More Than a Quarter of Millennial Homeowners Want to Go Back to Renting
I guess homeownership isn’t for everyone, at least if you consider a new study from LendingTree. When respondents were asked if they would “ever go… Read More »More Than a Quarter of Millennial Homeowners Want to Go Back to Renting
Are Home Prices Going to Surge in 2020?
It’s a new year, and with that comes old questions, like will mortgage rates go up or down in 2020? And will home prices rise… Read More »Are Home Prices Going to Surge in 2020?
2020 Real Estate and Mortgage Predictions
Well, 2019 is set to come to a close. It’s certainly been an interesting year (and decade), surely one to remember. But now it’s time… Read More »2020 Real Estate and Mortgage Predictions
Offerpad: Sell Your Home in 10 Days Without Even Listing It
If you’re thinking about selling your home, you may have come across a company by the name of Offerpad. They are one of the original… Read More »Offerpad: Sell Your Home in 10 Days Without Even Listing It
Compass Launches Bridge Loan Services to Close Gap Between Selling and Buying a Home
Real estate brokerage Compass has launched a unique new offering known as “Compass Bridge Loan Services” that solves the buy before you sell conundrum. Many… Read More »Compass Launches Bridge Loan Services to Close Gap Between Selling and Buying a Home
Should I Use an iBuyer to Sell My Home?
If you’re thinking about selling your home, you’ve got a lot of options. It’s not 2012 anymore, when you simply enlisted the services of a… Read More »Should I Use an iBuyer to Sell My Home?
Curbio Review: Renovate Today, Pay When You Sell
A startup named Curbio wants to help homeowners sell for more by improving their properties before they go to market. The twist is that the… Read More »Curbio Review: Renovate Today, Pay When You Sell
2012 Was a Really Good Year to Buy a Home
A new report from Redfin revealed 2012 was an absolutely fantastic time to purchase a home. Collectively, that crop of home buyers earned $203 billion… Read More »2012 Was a Really Good Year to Buy a Home
FHA Approved Condos: Individual Units Now Eligible for Financing!
People looking to buy a condo with FHA financing rejoice. HUD has released a new condominium approval process that, among other things, brings back spot… Read More »FHA Approved Condos: Individual Units Now Eligible for Financing!