Examining the Rise of the Instant Cash Offer Instant cash home buyers, also known as iBuyers, are popping up everywhere around the country. They are especially prevalent in the larger metro markets where there exist a larger number of potential targets with greater neighbor home types and a broad span of home prices. This gives […]
Low mortgage rates fueled housing price increases, and now home affordability remains a challenge with with the higher priced homes at our increased interest rates. Demand still remains high, and defaults remain low. Here are some data points for your review from CoreLogic. Key notes to consider: Mortgage payments are on time with delinquencies & […]
Deciding on a Path: Agency VS FSBO Introduction When it comes to selling your home, you have two main options: hiring a real estate agency or going the “For Sale By Owner” (FSBO) route. Each path has its own advantages and disadvantages, and it’s important to weigh them carefully before making a decision. What is […]
Phoenix Valley is a hot commodity (no pun intended!) Buyers are relocating and retiring here from just about everywhere. Corporate HQ relocation, high job growth, dry climate and amazing resources make this America’s go to destination today and in the future. When People Have to Move… Our home inventory continues to be low making good […]
1. Mesa, Arizona Median Home Value: $424,977 Median Home Listing Price YoY Increase: 26.40% State HPI Increase (from Q4 2020 to Q4 2021): 27.99% Population Growth (from 2010 to 2020): 14.85% Mesa’s population growth can be attributed to its sunny weather and booming economy. It has parks, lakes and forests, making it a great home […]
You may see media coverage talking about a drop in homeowner equity. What’s important to understand is that equity is tied closely to home values. So, when home prices appreciate, you can expect equity to grow. And when home prices decline, equity does too. Here’s how this has played out recently. Home prices rose rapidly […]
Governor Whitmer Eliminates Remaining Real Estate Limitations and Reopens Much of the State. Today, Governor Gretchen Whitmer signed Executive Order 2020-110, rescinding her “Safer at Home” Order, and moving the entire state to phase four of the MI Safe Start Plan. This action removes most of the restrictions that real estate brokerages and clients have been operating […]
The Ultimate Truth About Housing Affordability There have been many headlines decrying an “affordability crisis” in the residential real estate market. While it is true that buying a home is less affordable than it had been over the last ten years, we need to understand why and what that means. On a monthly basis, the National […]
Forbes | Post written by Chase Marsh, Forbes Business Council There has been a lot of hype around a newer real estate technology trend referred to as “iBuying.” In early April, Zillow announced that it was expanding its foray into the iBuyer space it originally launched in May 2017. Other companies like Opendoor, Knock, OfferPad […]
13 Reasons Why For Sale By Owner (FSBO) Can Be Worse Than Foreclosure Even though foreclosure is one of the most catastrophic events any home owner can face, a For Sale By Owner (FSBO) can be much worse. With a foreclosure, the potential loss for a family is limited to their home or the amount […]
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