By Hazel Emlen As we roll into the new year, one of the hottest topics nationwide continues to be the real estate market. It’s no surprise since 2020 and 2021 proved to be record-breaking years for real estate! Most people in the industry have been the busiest they’ve ever been. In describing the last two years, the word that comes …
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 Will an Uptick in Foreclosures Affect Real Estate Markets?
By Neil Goradia As of the first quarter of 2021, there were 33,699 properties with foreclosure filings in the U.S., according to ATTOM Data Solutions. That’s up 9% from the previous quarter, but down 78% from the first quarter of 2020—largely pre-pandemic. The rate of foreclosure in Colorado is less than 2%, which is historically low, however, for most of …
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 …
Is the Market Shifting?
By Jennifer Klein and Derek Sandoval There is a shift toward a seller’s market in many areas of the country. Placer County Association of REALTORS® YPN members Jennifer Klein and Derek Sandoval discuss contributing factors, including lack of inventory and fewer distressed properties. Jennifer Klein is a REALTOR® in Northern California who is experienced in short sales, investments, and property …
Have Prices Really Hit Bottom?
By Brooke Wolford Most have us have been hearing lately that prices have hit bottom. If you are like me, you are almost scared to say it. I say it quietly, so if I am wrong, maybe nobody will hear me. Many of us have been nervous to say anything. Looking back over the past several years, how many times …
Business Planning for 2012
By Rob Reuter, YPN Manager It’s official: 2012 has kicked into full gear. If you haven’t already, now is the time to start your business planning. Elizabeth Mendenhall, 2012 chair of NAR’s Strategic Planning Committee, recently asked YPN members what kind of statistics they consider when forming their annual business plan. From my former selling days, I focused mainly on …