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  • Yet more evidence has emerged that now is a great time to buy, with Redfin saying that bidding wars, in which multiple buyers compete to buy a home, are at their lowest point in 10 years. Redfin says in its latest report that just 10% of offers on homes sold via its real estate agents… [Continue Reading]

    Bidding wars fall to 10-year low, but the respite won’t last long
  • Facebook is the latest big tech company to pledge money to address the shortage of affordable housing affecting the communities its workers live in. The company says it’s committing $1 billion towards a variety of initiatives meant to tackle the problem, following similar pledges by Google and Microsoft. The initiatives come at a time when… [Continue Reading]

    Facebook pledges $1 billion to combat Bay Area housing crisis
  • More home buyers are being tempted onto the market by the incredibly low mortgage rates being offered, but they’re becoming increasingly frustrated at the limited choice of homes for sale. The combination of an unseasonable surge in buyer demand and reduced housing inventories, there simply aren’t enough homes to satisfy everyone who’s looking, CNBC reported.… [Continue Reading]

    Cheap mortgage rates bite into already low housing inventories
  • Consumers with bad credit ratings are increasingly taking advantage of alternative mortgage products that allow them to buy a home without a huge down payment, often through lease-to-own contracts. But borrowers still need a steady income to qualify for these products, the Wall Street Journal reported. One example is a company called Divvy Homes, which… [Continue Reading]

    Alternative mortgages providing a back door to homeownership
  • Aspiring home buyers with medical debt are more likely than others to be denied a mortgage, while those with student loan debt more often put off buying. That’s according to the 4th annual Zillow Group Report on Consumer Housing Trends, released today. Personal debt – particularly credit card, student loan and medical – tremendously impacts… [Continue Reading]

    Medical and student debt handicapping Americans’ housing hopes

Opendoor moves into Los Angeles, will now spend up to $800K on a home

Leading iBuying company Opendoor says it’s expanding into Los Angeles for the first time with a new maximum offer of up to $800,000 for homes situated in the city. Previously, the most Opendoor would offer for a home was up to $600,000. The move comes at a time when iBuying firms are increasingly boosting their […]

Solar power savings vary greatly according to where you live

Homeowners with solar panels installed in their homes save an average of $1,075 annually, amounting to around 67% of their electricity bills, a new study by home energy firm Sense has found. That’s a tidy amount, but homeowners’ savings can vary wildly depending on which part of the U.S. they live in. For example, areas […]

iBuyers: What Agents Need to Know and How They Can Compete with Them

iBuyers are emerging in cities across the nation. As the trend grows, so does the concern among real estate agents worried that iBuyers will reduce the need for agents. An iBuyer is a company that uses technology to make sellers an offer on their home instantly. Their goal is to purchase a property quickly and […]

Smart Home Automation: How Smart Home Fan Works

Smart homes have moved from big-city concept shows to become a reality. More homeowners now prioritize home automation when planning home improvement projects. Homebuyers, on the other hand, look for smart tech features when looking for a place to stay. Smart homes are more energy-efficient and this is something every home buyers look for in […]

5 of the Best Video Conferencing Software for Real Estate Agents

Video conferencing is a great way to meet with new clients, discuss the business with colleagues, or even give a virtual tour of a home. As a real estate agent, communication is key to your success, so we’ve put together this list of the five best video conferencing softwares for your industry. Keep reading to […]

How Smart Home Switches Innovates Your Home

Lighting is one of the most important components in any home. This makes it one of the main home improvement trends for Millenials. If you are in the market for a redefining home improvement idea, you need to find out more about smart home switches. This guide explores how smart light switches can spruce your […]