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DataDigest: iBuyers slide farther from hyped market disruption

Housing Wire

Offerpad is an instant buyer, or iBuyer, a company that gives sellers cash offers for their homes and attempts to resell the homes for a profit, sometimes after making renovations. Opendoor set out on its disruptive journey in 2014, and Offerpad followed soon after in 2015. “The largest, undisrupted market in the U.S.,”

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How Will the Housing Boom Affect My Appraisal?

AmeriMac

This dramatic increase in value affects home appraisals, which is good news for both buyers and sellers. These appraisals are done by a third party, who doesn’t have a vested interest in the sale or a relationship with either the buyer or the seller. What Higher Appraisal Values Mean for House Buyers and Sellers.

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5 Myths (and 5 Truths) About Selling Your Home

Zillow

Truth: While kitchens and bathrooms can increase the value of a home, you won't get a large return on investment if you do a major renovation just before selling. Minor renovations, on the other hand, may help you sell your home for a higher price. Related: Quiz: Should You Renovate Your Home or Sell?

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What are Millennial Homebuyers Looking For?

Raleigh Realty

67 percent of millennial home buyers would put an offer on a home in need of a full or partial renovation. According to the 2018 Home Buyer and Seller Generational Trends Report, 90 percent of buyers aged 37 years and younger purchased their home through a real estate agent. Mobile phone use reigns supreme. Marriage is on the decline.

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Opinion: Can tech and iBuyers fix the real estate market?

Housing Wire

For instance, Opendoor was founded in 2014 to make buying a home more efficient – or as they say “reinvent life’s most important transaction.” Having everything in-house enables iBuyers to lower closing costs for buyers and sellers, offer real-time, 24/7 customer support and provide unique financing solutions for buyers.

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Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

Avoid 9 Costly Mistakes Sellers Make. We also believe that there’s going to be strong appreciation for homes with the following characteristics: New / recently renovated to look “like HGTV;”. 2020 ended favoring sellers. 2014: America’s Best Real Estate Agents, RealTrends.com. Do You Want To Buy A Home Now? Need To Sell?

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JUST IN TIME: THE 15-MINUTE COMMUNITY

Will Springer Realtor

THE ROI OF HOME RENOVATION. I am often asked by sellers what home projects should they address to get the highest return on investment. Since 2014, prices have risen across the board for all the projects ranked in the report, but this year has seen a spike in prices. Sellers are asking $2.9M ($1590/sq. LUXURY LIVING.

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