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Housing, News

Home inventory jumps as sellers worry demand may fall

By Mike Wheatley | May 30, 2022
Sellers are getting worried that they could miss the home buying frenzy and are consequently accelerating their timelines to try and sell up before demand softens too much. As home inventory is a variable factor in today's real estate market. There are some important signs that the real estate market is slowing across the U.S. […]
Erica Anderson
Featured News

Five Top Agents in Rocky Mount, North Carolina

By Phil Butler | May 19, 2022
A roundup of some of the top real estate professionals in the Rocky Mount, North Carolina region based on reviews and other key performance criteria.
Housing, News

Survey suggests more housing inventory might be on the way

By Mike Wheatley | April 11, 2022
There’s hope that more housing inventory may arrive to relieve some of the pressure on buyers. According to a new survey by realtor.com, as many as 64% of the 3,000 prospective home sellers it surveyed recently are planning to list in either spring or summer. Realtor.com’s senior economist and manager of economic research George Ratiu […]
Seller optimism
US Real Estate

What Buyers Can Do in an Extreme Sellers’ Market

By Brian Kline | May 24, 2021
Here is some bright news for buyers, according to Realtor.com, new MLS listings were up in early to mid-April by about 40% over last year. But that statistic needs to be kept in context. At this time last year, pandemic fears were in full swing. Listings dropped while people tried to figure out what was […]
Featured News, Residential

Home sellers believe they're in control and have big expectations

By Mike Wheatley | May 20, 2021
Home sellers are expecting multiple offers on their homes and bidding wars that will enable them to fetch a much higher price than its current value, due to current housing market conditions. It’s well known that the U.S. residential real estate industry is a seller’s market, and most homeowners who’re planning to sell believe they […]
Housing, US Real Estate

Sellers still call the shots, but market dynamics could change

By Mike Wheatley | September 15, 2020
Realtor.com said in its latest Weekly Recovery Report that the housing market is still outperforming historical standards, with average home prices rising to new highs and homes selling faster. Danielle Hale, chief economist at Realtor.com, said sellers continue to call the shots in the housing market today, with new inventory vanishing almost as soon as […]
Home Buying, US Real Estate

Sellers holding buyers back as the country slowly reopens

By Mike Wheatley | May 14, 2020
Home buyers are still as enthusiastic as ever, rushing to view homes when and where they can despite the ongoing coronavirus pandemic. But cautious home sellers appear to be holding them back, CNBC reported this week. “We’ve had buyers ready, willing, and able, and the sellers have been the ones who have pulled their homes, […]
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