selling

Zillow Sells 2,000 Homes to Controversial Investment Firm

November 10th, 2021
Zillow has reportedly taken the first steps in unloading its unprofitable backlog of i-Bought homes. According to the Wall Street Journal, the real estate giant agreed to sell 2,000 homes to rental investment firm Pretium Partners. After announcing an end...

Curbio, Uber and the Great Contractor Labor Shortage

November 16th, 2021
I was not surprised when Zillow announced plans to slow its pace of home-buying, partially due to “operating within a labor-and supply-constrained economy inside a competitive real estate market, especially in the construction, renovation and closing spaces.” Said more plainly,...

Pets Are Increasingly Influencing their Owners’ Housing Decisions

November 29th, 2021
(TNS)—Hannah Wood, a work-from-home product manager for a healthcare company, would like to relocate to Philadelphia to live near her mother, but she’s struggling to find a place that will welcome her roommate, Lea, a 55-pound, mixed-breed dog. Wood initially...

What the New Digital Real Estate Customer Really Wants

November 29th, 2021
Today’s new breed of digital real estate customer is technology savvy and digitally focused. They have so much information at their fingertips, and they use it to their advantage before they ever consider contacting you. With nothing more than a...

Regional Spotlight: Northern Virginia Homes Prices Climb as Inventory Drops

November 29th, 2021
Differing from the nation’s overall housing market, home sales in Northern Virginia were down slightly in October from September; however, prices continued to grow while inventory shrank from October 2020, mirroring the national market, according to the Northern Virginia Association of REALTORS® (NVAR)....

Should You Sell Your Home If You Owe More Than It’s Worth?

December 2nd, 2021
While people buy homes with the intent to build equity, life happens and sometimes homeowners end up underwater, upside down or with negative equity. What do these terms mean? The balance owed on the mortgage is more than the house...

Luxury Homeownership: Sustainability a Key Buying Factor, COVID Continues Impacting Trends

December 6th, 2021
Demand for luxury home purchases has not dwindled even as the pandemic’s volatile nature continues to pose challenges in real estate. According to a 2022 State of Luxury Real Estate (SOLRE) report, authored by Luxury Portfolio International® (PLI), home prices...

Economic Pessimism Reaches Decade High, Buyers Realize Lack of Leverage

December 7th, 2021
Sellers and buyers are at odds in today’s market as homeowners retain the edge and buyers continue to battle it out for their purchases—a trend that may be waning, however, according to recent reports. The Fannie Mae Home Purchase Sentiment...

‘Great Resignation’ Sparking Homeownership Interest in U.S.

December 9th, 2021
While homeownership is important to many Americans, they are no longer confined to their previously held beliefs about where home can or has to be. Thanks to the “Great Resignation,” the movement of people leaving the workforce during the pandemic,...

What the Steady But Slow Increase In Home Prices Means for Buyers and Sellers

December 13th, 2021
The housing market is finally starting to level out, and people are feeling cautiously optimistic. Right now, with the rate of increased prices finally slowing but still steadily rising, buyers and sellers may find themselves both getting what they want...
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