This week RealtyBiz talked with Shaival Shah, who is one of the co-founders Ribbon Home, one of the industry’s most successful new services.
Why you shouldn’t waive the home inspection

The vast majority of existing homes sold in the U.S. need one or two things to be patched up, with 86% of all home inspections turning up some kind of problem, according to a study by the home improvement website Porch.com. The average home inspection can cost from $300 to $500 depending on where the […]
The Most Common Home Buying Real Estate Contingencies

Contingencies in Real Estate Explained Do you know what a real estate contingency is and how it works? Real Estate contingencies are when some defined action or outcome must occur before a contract becomes legal and binding. From a buyer’s perspective, a real estate contingency is an escape clause that can be used under defined […]
The pandemic has caused a surge in demand for vacation homes

The COVID-19 pandemic appears to have inspired more people to look at buying a vacation home, according to a new analysis of mortgage data by the online real estate brokerage Redfin. In its analysis, Redfin found that mortgage applications for second homes jumped by 84% in January, compared to one year ago. And in September […]
Majority of Home Buyers Expected to be Hispanics, African-Americans, and Other Minorities

A very significant change in homebuyer demographics is expected during the next 20 years. Will it also have a significant effect on home values? The January 2021 Urban Institute report (The Future of Headship and Homeownership) finds: “Net growth in the number of homeowners from 2020 to 2040 will be entirely among people of color, […]
Open House Tips for First-Time Buyers

You’ve decided to take the first steps to go from renting to buying. Once you’ve stopped window-shopping on real estate sites and decide to see the real thing, open houses are the best low-pressure way to see your potential dream house up close. Worried you don’t have enough experience to tell if a house has […]