Home buyers struggle with growing housing inventory shortages



More buyers are being tempted by the lower mortgage rates on offer this fall, but the rapidly shrinking inventory of affordable homes for sale means that few are able to find something suitable to buy, claims a new report from realtor.com. The result is more intense competition between first-time buyers and move-up buyers. Housing inventories […]

Survey highlights home seller’s biggest concerns



When it comes to selling a home, factors that traditionally have been harder for sellers to control — like uncertainty about timing and price — cause the most stress. That’s according to the 2019 Zillow Group Consumer Housing Trend Report, the largest-ever survey of U.S. home buyers, sellers, owners and renters. The process of selling a […]

Priorities to Take Care of When Moving to a New House



What Should You Do When Moving to a New Home? There’s a lot that goes into moving to a new home. From making sure you’re getting your favorite cable package to the last crock-pot in the kitchen storage, there is a lot of stuff to take care of. If you lose track of your priorities, […]

More home sales can go ahead without an appraisal



Federal banking agencies are increasing the property value limit under which buyers of certain homes must obtain an appraisal for the first time in 25 years. Now, certain homes worth $400,000 or less can instead by subject to a simple evaluation rather than a proper appraisal. The rules were last changed back in 1994, when […]

Zillow: Home values see only modest growth



Home value growth returned to a steady pace in August after a slowdown in the first half of the year, according to the Zillow’s latest Real Estate Market Report. Quarter-over-quarter growth reached an annualized rate of 3.4%, up from 0.4% in May. The median U.S. home is now worth $229,600, up 4.9% from last August, […]

Reali expands with an alternative iBuying model



California-based estate startup Reali this week launched a new home trade-in program that lets homeowners buy a new home and sell their old property in a single transaction. The Reali Trade-In program is different from others in that homeowners buy a new home first, before selling their old one. The idea is to try and […]

Realtor.com warns of lower housing inventories



A report from realtor.com suggests that housing shortages are likely to get worse over the next year. The blame is being placed on a “housing shift” that will result in less homes being listed for sale, making it tougher for buyers to find a suitable home, even though the current low mortgage rates mean that […]

Research shows iBuyers typically cost sellers 13% to 15% more



Consumers who choose to use an iBuyer to sell their home often end up paying much higher fees than they would have if they’d gone with a traditional real estate agent, according to new research from Collateral Analytics. iBuyers are companies that provide instant cash offers and quick closings on a home, which can be […]

Building a New Home – 7 Things That Could Go Wrong



Are you shopping for a home to call your own? Most likely, you’re looking for your dream home that will last forever. But the results of your search have been short of impressive. You may start to realize how difficult it is finding a house the checks off all of your needs and wants. It […]

Experts warn falling inventories could lead to a return to bidding wars



Bidding wars and faster home sales could soon become the norm again if the latest forecast on home inventories by realtor.com holds true. The report forecasts that the number of homes for sale in the U.S. is set to decline again in the next few months, limiting the bargaining power of buyers until well into […]