Buyers
What Misconceptions Do Buyers Have About the Market?
The housing market is daunting to many homebuyers. Trying to understand the ins and outs of home-buying and home-owning seems impossible for many, leading to a lot of misconceptions from buyers. A new report from Clever found that buyers are confused on a lot of aspects of the housing market and home-buying, with 83% of… […]
Higher Home Prices and Mortgage Rates Made It Difficult for Home Buyers to Qualify in May 2023
With a monthly mortgage payment increase of 3.7% and a 2.8% rise in the median price of single-family homes, qualifying for a home loan was more challenging for potential buyers in May 2023. www.nar.realtor – Research
THE PLAYBOOK: Deciding to Be a Buyer’s or Seller’s Agent
Editor’s Note: The Playbook is an RISMedia biweekly segment centering on what brokers and agents are doing to ensure they not only survive but thrive in these challenging times. Industry professionals explain the strategies they’re employing and unique ideas they’ve formulated. Tune in every other Thursday for another addition to the series. If you’re a new… […]
Baby Boomers Overtake Millennials as Largest Generation of Home Buyers
Baby Boomers Now the Largest Generation of Home Buyers Most baby boomers are repeat buyers who have housing equity to propel them into their dream home and who are making housing trades later in life. Media Contact: Spencer High 202-383-1051 Working With Buyers, Working With Sellers, Working With First-Time Homebuyers, Working With Single Home Buyers, […]
Global Spotlight: Kuala Lumpur and Tokyo Welcome Foreign Buyers
Above: Coral Bay, located in Sabah, East Malaysia, is home to properties ranging in price from $ 635K – $ 975K USD. This month, two Leading Real Estate Companies of the World® (LeadingRE) members provide a glimpse into the luxury markets in Malaysia and Japan. Caption: Butler Carey Real Estate Kuala Lumpur, Malaysia Carl P.T. […]
Serving Those Who Serve: How to Connect With Military Buyers
Vetaran’s Day 2022 is right around the corner. With so many troops on the front lines for this country, it’s important for real estate professionals to connect with and serve those who serve. Whether you are looking to break into a military niche or simply just connect with this demographic, starting on social media is… […]
Bank of America Zero Down Payment Mortgage a Potential Boon for Minority Buyers
The path toward homeownership is no cakewalk, but history and data have shown that it can be arduous for specific demographics, particularly among Black and Hispanic buyers. While the racial homeownership gap won’t close overnight, steps by Bank of America could help push the needle in the right direction in select markets. The lender recently… […]
Most Home Buyers Use Real Estate Agents
Buying a home is a significant financial transaction, and according to a new report from NAR, 87 percent of all buyers will use a real estate agent to help navigate it. www.nar.realtor – Real Estate Story Ideas
Sellers Are Rejecting FHA/VA Backed Offers; Buyers Passing Instead of Compromising
The Urban Institute (UI) says it appears that the current sellers’ market is having a negative impact on government backed loans and the borrowers who need to use them. In an article posted on UI’s Urban Wire blog, Janneke Ratcliffe and Laurie Goodman write that, while soaring home prices and historically low inventories of available […]