Tag Archives: bidding wars

Inventory insanity: The secret economic forces fueling the housing shortage

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Many consumers may not realize it, but they’re increasingly competing against institutional investors and contending with soaring building costs. Continue reading →

Buyer uncertainty stressing you out? 5 ways to stay sane in a hectic market

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The extreme lack of inventory has agents in total panic mode. On top of their day-to-day roles, agents now more than ever also have to be friends, counselors and confidants. Here’s how to manage the stress of it all. Continue reading →

Median home-sale price reaches all-time high of $335,613

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Although the market is currently red-hot, Redfin’s latest report released on Friday revealed that homebuyers may give up as home prices continue to grow. Continue reading →

What do clients need in 2021? 8 skills every agent must nail

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Frenetic markets often lead to frenetic decisions. In today’s frenzied markets, agents have to be on top of every aspect of the transaction. Here’s what real estate buyers and sellers should expect from their agents. Continue reading →

10 credit mistakes that could cost buyers their dream home

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Buyers have been known to let the excitement of buying a home cloud their judgment. Here are 10 ways you can help keep your clients on track to prevent them from blowing up their chances of owning a home. Continue reading →

Redfin CEO: ‘Intense season of bidding wars’ on the horizon

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Glenn Kelman said Wednesday that supply shortages, once limited to places like San Francisco, have spread. And that means competition for homes will be intense this year Continue reading →

HomeLight to help buyers make all-cash offers, trade in homes

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The new Cash Close product is meant to make consumers more nimble and competitive and is the latest turn in HomeLight’s evolution as a transaction streamlining company. Continue reading →

Neighborhoods in the Bay Area, Boston among Redfin’s most competitive of 2019

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White Oaks, a neighborhood about 30 minutes south of San Francisco, was the most competitive place for U.S. homebuyers in 2019, according to Redfin. Continue reading →

Bidding wars pick up in San Francisco amid tech IPOs

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A new report from Redfin suggests a host of new IPOs is having a significant impact on the already expensive local housing market. Continue reading →