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3 mortgage industry trends that will define the rest of 2021

Housing Wire

But there are definitely a few main things to looks out for — many of which are carrying over from a turbulent 2020 and early 2021 — when it comes to the upcoming landscape for the rest of 2021: Lack of inventory Fluctuating interest rates Increased adoption of technology. Inventory issues.

Mortgage 512
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Selling a Home Vacant vs. Furnished: How it Impacts Open Houses

Lamacchia Realty

SELLING A HOME VACANT VS. FURNISHED: HOW IT IMPACTS OPEN HOUSES. Pros of Selling Furnished Helps the buyer see how each room can be utilized Makes the house feel more like a home, not just a structure Furniture helps cover small imperfections (chipped paint, a scratch on the floor, etc.) Seller Resources.

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RedfinNow launches in Phoenix housing market

Housing Wire

Phoenix is the first market RedfinNow has launched in 2021, following the launch of San Francisco and Seattle early last month. Since COVID-19 has enforced more restrictions on open houses, Redfin allows buyers to unlock the door of most RedfinNow listings via the Redfin app and self-tour seven days a week from 8 a.m.

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Real estate agents wonder if inventory levels will ever return to ‘normal’

Housing Wire

And just like the bears who are starting to wake up from their long winter naps, homebuyers and sellers are coming out of hibernation… or at least they normally do. But in 2020 through 2022, buyers came out quickly after the new year and inventory didn’t hit bottom until much later in the spring.” What happened to ‘normal’?

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Easy Fixes Sellers Can Make to Enhance Their Home 

Lamacchia Realty

EASY FIXES SELLERS CAN MAKE. Selling a home can take some time and while most home sellers are focused on making updates that will give them the most return, it is imperative that the small fixes aren’t overlooked. If the seller hasn’t tackled a small project, such as replacing the cover pates, what other big issues can’t be seen?

Sellers 69
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Buyers, Don’t Make These House Hunting Mistakes!

Lamacchia Realty

BUYERS, DON'T MAKE THESE HOUSE HUNTING MISTAKES! Not Hiring a Buyer’s Agent Some home buyers believe it’s better to work with the listing agent directly hoping they’ll get a better deal than if they hire a buyer’s agent. A buyer’s agent looks out for your best interests. 6 MISTAKES TO AVOID 1.

Buyers 74
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Price Adjustments in 2021: Tis the Season

Lamacchia Realty

Though there were several months through winter and spring that it never seemed possible this year, the market is slowly beginning to be less competitive for buyers. Why is 2021 different than other years? It comes with a negative stigma for sellers to hear that a price adjustment is recommended.