By Barbara Ballinger Many millennials are ready to buy a single-family home and all it entails, but some found themselves shut out of the market over the past year, according to a recent analysis of 5.9 million rental applications conducted by RentCafe, a national Internet listing service that helps renters find apartments and houses. After not being able to purchase …
Millennial Movement in the Market
By Rogers Healy There’s a new generation ruling the housing market and it’s no longer the baby boomers. Forbes reports that about half of home buyers are under the age of 36, and about half of sellers are under the age of 41. And, according to the National Association of REALTORS® 2021 Profiles of Home Buyers and Sellers, the median …
Is the Real Estate Market Finally Balancing Out?
By Hazel Emlen
The housing market was off to quite a competitive start at the beginning of 2021. For many buyers, the competition made purchasing a home quite challenging. Some buyers have given up on purchasing a home altogether. From the stress of competing with cash buyers and buyers who waive most or even all contingencies, many first-time home buyers …
How to Stand Out in a Hot Market
By: The CE Shop The housing market was thrown for a loop in 2020 with dwindling inventory and booming demand for properties. As of April 2021, the median existing-home price in the U.S. was $341,600, a 19.1% gain year over year. Despite property prices skyrocketing, we are seeing more bidding wars and all-cash offers. This trend is continuing into 2021 …
3 Reasons for Extreme Buyer Demand
By Hazel Emlen One of the hottest topics nationwide right now is real estate. Some of the big questions people are asking out there are: How is our real estate market doing? Is it a good time to sell? To buy? How are the interest rates? If you were to ask any real estate professional in any part of the …
Case Study: How Real Estate Pros Help Buyers and Sellers Avoid Costly Mistakes
By Neil Goradia “OMG! My agent just made $7,000 and all they did was list my property!” Does this sound familiar? How often have you felt the need to defend your commission as a real estate agent? This article is not to beat up on for sale by owners. In fact, there are plenty of times that it works great. …
Top Producer Life: 3 Tests to Vet Buyer Clients
By Jasen Edwards The fall is traditionally a hectic time of year for the housing market. But this year, when you consider the election, pandemic, and exceptionally low interest rates, “hectic” seems like an understatement. One thing is clear, most agents I speak to are busier than ever. Because of the situation we find ourselves in, agents are putting a …
How to Win the Deal in a Seller’s Market
By Drew Heasley Most markets are facing inventory shortages this time of year. There are simply too many buyers and not enough homes for sale. This requires buyer’s agents to get creative and aggressive in order to help their clients get the home they want. There are a lot of ways to get this done while retaining your professionalism. The …
How to Win Your Buyers’ Dream Home
By Drew Heasley If you’re a buyer’s agents in competitive markets like ours here in the suburbs of Philadelphia, then there are a lot of reasons you will need to be extra sharp to win your clients the home of their dreams. But your buyer’s dream home is probably identical to other buyers’ ideal home. The features that draw your …
Stop Wasting Time With the Wrong Leads
By Lee Davenport One hundred and seventy-five houses. He showed 175 houses to only find out that the would-be buyer was not in a position to purchase for another year. My, my, my! I hope you have never shown that many houses to a looky-loo—someone who is not prepared to buy for one to five years out, or longer. But …