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Home Sales, US Real Estate

Fewer homes are selling above list price

By Mike Wheatley | February 6, 2019
The amount of homes that were sold above their listing price fell each month in the second half of 2018, with December seeing the biggest month-over-month drop since at least 2012, Zillow reported. Experts interpret it as another sign of a slowdown in the housing market. Just 19 percent of home sales in the U.S. […]
Home Builders/Developer's

Affordability problems hit new home sales

By Mike Wheatley | October 3, 2018
New single-family home sales edged upwards slightly in August, but the rise wasn’t enough to impress economists or make up for the shortfall in existing home inventories.
Home Buying, US Real Estate

Sellers are relying on "bump clauses" to fetch a better price on their homes

By Mike Wheatley | July 10, 2018
Sellers are increasingly adding in something known as a “bump clause” to their real estate transaction contracts, as a way of getting assurance that they’re receiving the best possible offer on their properties.
Home Sales, US Real Estate

Median home prices reach all-time high, NAR says

By Mike Wheatley | June 25, 2018
Home buyers can expect to pay more than ever this summer, as the median existing-home price for all housing types hit an all-time high of $264,800 in May according to the National Association of Realtors.
Featured News, Real Estate Agents, US Real Estate

Real estate agent Ben Caballero sets world record, selling 3,556 homes in a single year

By Mike Wheatley | May 18, 2018
Ben Caballero, a real estate agent based in Addison, Texas, has entered the Guinness World Records after selling an astonishing 3,556 homes in a single year, a new world record.
Home Sales, Real Estate Marketing, US Real Estate

Study shows Wednesday and Thursday are the best days to list a home

By Mike Wheatley | May 9, 2018
If you’re looking to get the most money for your home, you might want to consider listing it on a Wednesday. Or if you’re simply hoping to get rid of your property as soon as possible, Thursday might be a better bet.
Residential, US Real Estate

New household formation fails to keep up with population growth

By Mike Wheatley | April 27, 2018
The United States should be adding around one million new households each year if it follows current population trends, but that’s not happening according to a new report by Freddie Mac economists.
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