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Homes in Boise, Idaho are “flying off the market”

Housing Wire

It’s not uncommon to hear that bids on homes are that high, according to Stacie Herrig, a Realtor with Epic Realty in Meridian, Idaho, and sometimes she can see 10 to 20 offers on a home. Notably, in 2011, existing home prices in Ada County were at $160,113. They bid $750,000 and again at $775,000, which the seller said would work.

Marketing 531
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Existing home sales are working from a historic low bar

Housing Wire

To give you all some perspective, this data line dropped all the way to 14 days in the crazy period of COVID-19, while back in 2011, it was 105 days. This is a positive for housing in 2024 as most sellers are buyers. This is related to the fact that even though the apartment boom is over, single-family permits are still rising.

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Agents harness the power of social media to generate leads

Housing Wire

When Gogo Bethke began her career in real estate back in 2011, the Romanian immigrant felt like social media was her only option to generate leads and close deals. “I Instead, the Michigan-based eXp agent created her Facebook business page shortly after passing her licensing exam in 2011 and named it “Gogo’s Real Estate.”. “I

Agents 393
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SELLERS’ MARKET? HOW ABOUT BUILDERS’ MARKET?

Will Springer Realtor

Amid rising land and construction costs, permits for single-family homes in King County slowed in the third quarter to 940, down 7.8% from a year ago and at a level not seen since 2011. Who said this is a sellers’ market? “In construction jobs in the U.S., year-on-year (YoY), according to U.S.

Sellers 36
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Solving the Housing Shortage

DataMaster

The number of constructed homes dropped below the million mark in 2008 for the first time since 1992. And the number continued to slide to a low of 446,600 in 2011. Jump forward to June 2021, and according to the National Association of Realtors , the shortage increased to 5.5 Clearly, construction is not keeping up.

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HINTS OF SHARP INCREASE IN NEW CONSTRUCTION

Will Springer Realtor

Builders began construction on just under a million single-family homes in 2020. Here’s a negotiating tactic that you may not have thought of: Sellers who “spy” on buyers when they are visiting the home. Most notably, it’s the first time mortgages declined from Q1 to Q2 since 2011, according to ATTOM Data Solutions.

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7 Takeaways: Due Diligence Fee and Earnest Money in Real Estate

Raleigh Realty

Whether you are a first-time home buyer or you're buying again, you will want to know how Due Diligence and Earnest Money impact you as a buyer or seller in North Carolina The following article is going to be regarding Due Diligence, Due DIligence fees, and Earnest Money in North Carolina Real Estate. Due Diligence: What Is it?