Existing home sales fall in May, boosting housing inventory



Strong buyer demand coupled with limited housing inventories saw sales of existing-homes fall for the four month in a row in May. Existing home sales were down 0.9% compared to the month before, though they will still up 44% on a year over year basis, according to the National Association of Realtors in its latest […]

Seller Concessions in Real Estate Explained



What to Know About a Seller Concession Many terms get bantered around in real estate that either a buyer or seller may not know the meaning of. One such term is seller’s concessions. It is not uncommon at all for a client to ask what are seller concessions. Seller concessions are monies that a homeowner […]

More than half of all existing homes sold above asking price in May



Redfin survey finds that 51% of homes sold above their list price in May

Seven “Must Do” Tips For Selling Your House in Summer



Summertime is not the easiest season for making a sale, but with the right staging and preparation, owners can get the fast sale and the right price.

Leasebacks trend as sellers struggle to find a home to replace theirs



Homes are selling faster than ever before, and at the same time finding a new one to live in has become such an arduous task that some sellers are facing big problems. With existing home inventories super tight and competition among buyers for the few homes that are listed for sale, many have struggled to […]

Inventory relief in sight as more people plan to list later this year



More homeowners are planning to list their homes for sale later this year, bringing hope that inventory shortages that have plagued markets across the U.S. could soon abate. That’s according to a recent survey of 657 potential home sellers by realtor.com, which revealed that around 10% of homeowners say they’re planning to list their home […]

What to Know About Selling a Home in a Retirement Community



Selling a House in Retirement Communities Do you need to sell your home in a retirement community? Selling house in an over 55 community is slightly different than a traditional setting. If you are over 55 and living in a retirement community, you may have changed your plans and have decided that retirement communities aren’t […]

What Are Real Estate Comparables



Understanding Comps in Real Estate Sales Do you know what are real estate comparables? How about “comps”? These are slang terms some folks use to talk about similar properties. Setting a price of a home can be confusing to figure out. Many people, including real estate agents and appraisers, use the Multiple Listing Services or […]

What to Know About 1-800-Got-Junk Including Pricing and Reviews



Things to Know About 1800 GOT JUNK Are you going to be selling your home? Do you have a ton of clutter that needs to be removed, so your house looks presentable? If you have answered yes to these questions, then having a junk removal company visit could be an enriching home selling task. If […]

Low inventories led to home sales decline last month, the NAR says



Existing home sales surprisingly reversed course in February, falling by 6.6% compared to the previous month, following several sharp monthly gains. That’s according to the National Association of Realtors, which said in a report that the sales dip is primarily due to low inventories of existing homes for sale in the U.S. However, the NAR’s […]