Tag Archives: home sellers

Buyers are returning to the market — and sellers are following: Redfin

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This week, the Redfin Homebuyer Demand Index, the brokerage’s in-house gauge of buyer activity, hit its highest level since September, rising 21 percent from an October low, new data shows. Continue reading →

New listings drop 12%, the largest decline in more than 2 years

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“Buyers are backing off due to rising housing costs and sellers are holding back because they realize they won’t get the bidding war they would have gotten six months ago,” said Redfin Deputy Chief Economist Taylor Marr. Continue reading →

Affordable where? Fed efforts to cool the market still don’t create affordable housing

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Although the Fed’s move to calm the market is a step in the right direction, it may not ultimately have much effect on affordability. Anthony West outlines the factors that are contributing to ongoing home value increases. Continue reading →

Team of rivals: Zillow and Redfin partner to syndicate 3D Home tours

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Listing agents using Zillow 3D Home tours no longer have to manually add their tours to Redfin. This is the second partnership between the real estate search portal rivals since 2019. Continue reading →

Competition declines for second straight month, report finds

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The dip in competition can be attributed to the increase in mortgage rates, which reached 5.3 percent in May after starting March at just 3.76 percent. Continue reading →

As hate crimes rose, 70% of Asian buyers moved to safer areas in 2020

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Discrimination, mortgage readiness and affordability continue to be significant hurdles for Asian American and Pacific Islander communities, according to new report released Wednesday. Continue reading →

This might be the most wonderful time of the year (for homesellers)

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Sellers get the best premium on their homes when they sell in mid-to-late May. The late weeks of spring are more profitable than early ones, according to a new report from Attom Data Solutions. Continue reading →

Should your clients bid over asking price? A look at pros and cons

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In a hot seller’s market, how should agents help their clients with pricing, bidding strategies and closing successfully? Broker Jenny Usaj offers keys to setting appropriate buyer expectations from the start. Continue reading →