As the scarcity of homes for sale rolls on, a seller’s agent with a few listings can be much more certain of closing deals than a buyer’s agent that has many eager buyers. We know the problem is obtaining listings but solving the problem is the difficult part. Especially for new agents and buyer’s agents
iBuyers gatecrash the all-cash offers party
Some home buyers are leaning on so-called iBuying firms to better compete by offering all-cash on the properties they target. iBuyers can help buyers by making cash-backed offers on their behalf or by providing financing to help draw attention to their offer in a bidding war, experts say. The National Association of Realtors reported that
What Buyers Can Do in an Extreme Sellers’ Market
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
Don’t wait, sell your home now, real estate pros say
Real estate agents are urging their clients to go and sell their homes now, or risk missing out on the golden opportunity that the current seller’s market presents. “A lot of people are missing the best market now by waiting,” said Kris Lindahl, Chief Executive Officer and founder of Kris Lindahl Real Estate in the
Experts forecast best winter home selling season for years
Home sellers are expected to command higher home prices in the winter due to high buyer demand and low inventories, and that’s an unseasonable trend in the housing market, experts say. “Sellers will have the ball in their court, so to speak, as there are more buyers than sellers,” said Danielle Hale, realtor.com’s chief economist.
Will it be a buyer’s or a seller’s market this year?
Real estate market experts were optimistic of an extremely hot seller’s market in 2020, but then along came the coronavirus pandemic. “We are in uncharted territory,” Caleb Liu, a real estate investor and owner of House Simply Sold, told The Mortgage Reports. He said that some homeowners may be forced to sell due to economic
In a Weakening Market, Sellers Should Consider Incentives
For the last several years, the housing market in the United States has remained red hot just about everywhere in the country. For homeowners, that’s been fantastic news, with home values rising by double-digit percentages in certain places. At the same time, however, buyers had been feeling the pinch with wage growth failing to keep
Ask Brian: What is the Difference Between a Buyer’s Market and a Seller’s Market?
Ask Brian is a weekly column by Real Estate Expert Brian Kline. If you have questions on real estate investing, DIY, home buying/selling, or other housing inquiries please email your questions to [email protected] Q1. Cheryl from Bend, Oregon writes: Greetings Brian, I’m hoping you can clear something up for me. A little over two years
Expect housing to become a buyer’s market by 2020, experts say
Zillow’s latest Home Price Expectations Survey has revealed that it’s still a seller’s market as far as real estate is concerned, though the situation could change within the next 18 months.