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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 509
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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. Seller Resources. April 8, 2021. Want To Be Sellers. February 9, 2021. September 8, 2021. The post Selling a Home Vacant vs. Furnished: How it Impacts Open Houses appeared first on Lamacchia Realty. Additional 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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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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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. According to Mike Simonsen, the president of Altos Research , to see housing inventory fall throughout February, as it has this year, is pretty unusual.

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Price Adjustments in 2021: Tis the Season

Lamacchia Realty

Why is 2021 different than other years? Due to the lingering impact of COVID and the log jam it caused in the 2020 spring market , price adjustments were lowest in 2020 and are now even lower in 2021 with supply so tight. It comes with a negative stigma for sellers to hear that a price adjustment is recommended.

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How rookie agents are faring during the pandemic

Housing Wire

Hunt was set to take his licensing exam in October 2020 only to have California go back into lockdown, forcing him to wait until March 2021 to finally take it. When they said they were starting exams again, I hopped on it and managed to book a slot for two weeks after they opened up,” Hunt said. “I million members.

Agents 369