Recently there has been a lot of hype around a newer real estate technology trend referred to as “iBuying.” iBuyers, also known as institutional buyers, are taking up a growing share of home sales in key markets across the country. In early April, Zillow announced that it was expanding its foray into the iBuyer space […]
While not a new concept for veteran real estate agents, the terms “coming soon“, “off-MLS“, “office exclusive”, “pocket” listings or “hidden inventory” may be an unfamiliar phrase to many consumers and some newer agents. Home sellers and agents should be aware of the benefits of the practice and how it can enhance their chances of […]
Wood-look vinyl or ceramic planks. Geometric-patterned carpet. Natural stone. With so many options available, how do you select the right floor for your home? The way you use a room should dictate what flooring options you consider. Always start by considering which room(s) you’re re-flooring, as well as your budget, your lifestyle, whether you have […]
April is traditionally the heart of real estate’s spring selling season. Shop in the spring, move in the summer is often the strategy, especially for those with school-age children. Roughly 50 percent of home sales take place in the summer, with most buyers signing purchase agreements in late spring, this according to the National Association […]
While it’s long been projected that Millennials are destined to dominate the housing market in upcoming years… new data from Realtor.com reveals that it’s finally happening. Millennials are buying houses. Lots of them. According to Realtor.com, in January 2017, Millennials surpassed Generation X as the group responsible for the most new mortgages and subsequently home purchases. Since […]
Homeowners who purchase their homes before the age of 35 are better prepared for retirement at age 60, this according to a new study by the Urban Institute. The organization surveyed adults who turned 60 or 61 between 2003 and 2015 for their data set. “Today’s older adults became homeowners at a younger age than […]
Selling your house for cash can be a dream come true. In these cases, the buyers is often an investor looking for a quick transaction. They aren’t generally to concerned with the condition of the home and typically submit as-is offers and are willing to make repairs and updates. In most cases, the inspection is […]
The Number of New Listings Jumped in January There were 2,181 central Ohio homes and condos added to the market during the month of January, almost 55% more than the previous month and an increase of 13.1% from one year ago, according to the Columbus REALTORS® Multiple Listing Service. There were 1,602 central Ohio homes […]
If you were thinking tech and for-sale-by-owner real estate transactions might replace real estate agents, new data should put this notion to rest: in the first half of 2018, 90% of home buyers and sellers used an real estate agent, according to the REAL Trends 2018 Consumer Study released on Monday, That’s the highest rate […]
They go by various names—pocket listings, office exclusives, “coming soon” properties—but whatever you call them, the growing phenomenon of off-MLS listings is a reality that practitioners are struggling to come to terms with, especially in markets like Columbus where inventory is tight. The handling of this hidden trove of homes, often by a handful of […]
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