Remove homes-with-pools-are-selling-at-a-premium-2
article thumbnail

Buyer agency: a crucial historical shift in real estate

Housing Wire

With the advancements in technology, finding homes online has become easy and straightforward. Those too young to remember the wild west of real estate believe that real estate commissions have always been evenly split between seller’s and buyer’s agents, with each receiving a portion of the sale price.

article thumbnail

Homes With Pools Are Selling at a Premium

Empire Appraisal Group

Homes With Pools Are Selling at a Premium. Source: Homes With Pools Are Selling at a Premium | Realtor Magazine. Homes with pools have become the target of buyer envy since the pandemic began. Pool sales have tripled in the last year.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How the Fed’s rate hike will affect the housing market

Housing Wire

neighborhood, housing market, Fall, homes, new house sales, forbearance. Consequently (it) will shrink the buyer pool,” Yun said, adding: “Sales could fall even further with some inventory sitting on the market for more than a month like in the pre-pandemic days.”. The consumer-price index rose 8.6% Labor Department. trillion in 2023.

article thumbnail

Working with buyers in the nation’s hottest housing market

Housing Wire

In addition to the same demographic factors driving growth elsewhere — all those millennials buying homes — the number of companies relocating there is a huge draw. And all of those prospective homeowners flocking to the city are fighting for the same small pool of houses. year-over-year increase in home values.

article thumbnail

Comps and the Changing Market

Lamacchia Realty

To determine what is comparable, one must consider all the physical attributes of a home including location, style, size, age, condition, amenities, upgrades, number of bedrooms and bathrooms, etc. These factors impact supply and demand and therefore how much a buyer is willing or able to pay for a home. Take this home for example.

article thumbnail

7 Questions You Should Be Asking When Buying A House

Raleigh Realty

Here's everything you need to know about buying a home Whether you are a first-time home buyer or a seasoned veteran of the housing market, buying a house is no small undertaking. It can be very easy to start looking at homes and begin to fall in love with them before considering the more practical components of the sale.

article thumbnail

How loan originators survived a cutthroat mortgage business in 2023

Housing Wire

Coming off of the pandemic banner years, thinning origination volume, low inventory and soaring home prices made business much harder to come by for LOs in 2023. The customer pool by 2023 had already shrunk dramatically. This is a lot different than 2008 where you needed a credit score and a heartbeat to get a mortgage.

Business 412