2021 on pace to tally biggest year in existing-homes sales since 2006

Inventory across all housing types fell 0.8 percent from the month previous and 12 percent year over year to 1.25 million units. Nonetheless, home sales are expected to exceed 6 million by the end of the year. Continue reading

Knock’s GO mortgage offers appraisal coverage and cash-offer close certainty

Knock GO, which stands for Guaranteed Offer, is a “cash-like” conventional mortgage product that allows buyers to write an offer on a home without including a financing contingency. Continue reading

The homebuyer in 2021? Middle-aged, married and college educated

Zillow Group’s 2021 Consumer Housing Trends Report breaks down what buyers looked like in 2021, what they wanted most and how that compared to previous years. Continue reading

How to reach stalled homebuyers

Whether they’re ready to spend their quarantine savings or are restarting an abandoned home search, here’s how to talk to these eager buyers. Continue reading

First-time buyers still eager, despite snags on path to homeownership

A Chase survey revealed nearly 4 in 10 potential first-time buyers lost income during the pandemic, setting back their homeownership goals. Continue reading

Bubble Trouble: The impending burst is mythical at best

For those who believe an impending doom is on the horizon, here is some bad news: It’s not going to happen. In this second of two opposing opinion pieces on the housing crash, Matthew Gardner shares why we won’t see any mythical bubble bursting. Continue reading

10 tips for working with picky homebuyer clients

Buying a home is one of the biggest financial decisions of a person’s life. Being a good agent means offering your expertise and honest opinions to your clients. It also means understanding how to deal with tough buyers while maintaining a healthy work… Continue reading

Low credit scores are biggest barrier for women, minority buyers

OJO Labs’ latest homebuyer survey found that Black homebuyers were three times more likely to have a credit score below 660, which inhibits access to down payment assistance programs and agent support. Continue reading

Lawmakers, economists worry home price growth will ‘choke off’ buyers

Economists told Politico the yearslong imbalance of demand and supply will come to a head this year as first-time buyers give up on homeownership. Continue reading