Remove Home Value Remove Inventory Remove Landlords Remove Sellers
article thumbnail

What to Do When You've Been Outbid for Another Home

Eppraisal

It's no secret the real estate market is super hot right now and the demand for homes is high. There are more buyers than homes available for sale. In fact, according to an article on Realtor.com, the national inventory of active listings declined by 53% over last year. If you've been outbid for another home, keep your head up.

article thumbnail

Various Shades of Buyer Representation

Eppraisal

The contract states that they will use their best efforts to find a home that meets your criteria. Sellers usually pay real estate commission, and the seller’s brokerage cooperates and shares commission with the buyer’s brokerage. Disclose financial qualification of the buyer or tenant to the seller or landlord.

Buyers 36
Insiders

Sign Up for our Newsletter

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

article thumbnail

4 reasons you’re better off selling your house this winter [INFOGRAPHIC]

Cornerstone

Here’s an overview of why selling this winter may be smarter: Even after the buyer boom seen in 2020 , it continues: Buyer demand is outpacing the supply of available homes for sale, so homebuyers frequently compete to snatch up limited listings. Many sellers are seeing homes “fly off the shelves.” For educational purposes only.

article thumbnail

What to Expect from the Real Estate Market This Winter

Eppraisal

High demand and low inventory have lifted home prices nearly 20 percent over what they were in the autumn of 2020. Again, good news for sellers; a headache for seekers. Home Prices Yes, home values will continue to rise against other economic pressures, according to an estimation reported by Fannie Mae.

article thumbnail

Inflation's Impact on the Housing Market

Eppraisal

Just as inflation drives up the value of lumber, light bulbs, potatoes, chicken and women's shoes, it boosts home values in the same way. Of course, myriad factors are involved in home values, but inflation must be accounted for. Double that money supply to $1,200 and the price per house jumps to $40.

article thumbnail

Making the Decision to Stop Renting

Eppraisal

When you own a home you are responsible for the real estate taxes, homeowners insurance, homeowners association fees, maintenance, repairs, upkeep and the like. Renters just pay the monthly rent and the landlord pays the mortgage and all the other costs. Today's Market Home values have been rapidly increasing over the past year.

article thumbnail

Real Estate Tools Help Add New Clients During Slow Periods

Home Junction

Creates Content Automatically for Potential Sellers. The software will send them market updates with the number of homes for sale, existing inventory, trends in sale prices, and other critical data. In addition, that consistent outreach could come at a moment when a buyer or seller decides, yes, I’m ready to act.