What’s in store for U.S. real estate this year and beyond? Learn key insights from the new report. The real estate market is forever in flux – and the past few years of changing housing prices, consumer demand and mortgage rates have had a considerable effect. The...
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BUYERS GAIN LEVERAGE AS MORE HOMES BEING LISTED, STAYING ON MARKET
November 2022 U.S. housing data from RE/MAX indicates more opportunities for buyers may be on the horizon. Typical of this time of year, November 2022 saw a dip in home sales – down 12% from October and down 37% year-over-year. Although this can be considered normal...
HALFWAY THROUGH 2022, SIGNS POINT TO A REBALANCING U.S. HOUSING MARKET
According to RE/MAX, the number of homes for sale increased in June 2022, while home prices stabilized. The first half of 2022 has come and gone. And, based on early indications and several results from June, the ultra-competitive, multiple-offer conditions for...
IT’S OFFICIAL: 2021 WAS THE BUSIEST HOME-BUYING YEAR IN RE/MAX NATIONAL HOUSING REPORT HISTORY
The data is in and strong December home sales crowned 2021 as the busiest year for homebuying in the 14-year history of the RE/MAX National Housing Report. According to the latest report, which measured 51 metro areas, December 2021 home sales were the second highest...
A New Normal: How COVID-19 Has Changed Real Estate
RE/MAX real estate agents offer insights for what home buyers and sellers can expect in the upcoming months. The phrase “new normal” is being applied to anything and everything right now, including to define what daily life in 2020 looks like amid COVID-19. From...
Ready to Buy a Home Together? 4 Scenarios to Talk Through with a Partner
Whether they’re not quite ready to tie the knot or would rather spend money on a down payment than a wedding, many couples are choosing to purchase a home with their partner prior to taking a trip down the aisle. “Couples are deciding to buy a house rather than throw...
New Year, New Home: 6 Resolutions for Buying a Home in 2020
For those looking to buy a home in 2020, it’s time to start planning. As a look ahead in the new year, real estate agents say making and keeping these resolutions will help set homebuyers up for success. Resolution 1: Start planning and saving early Gina Lorenzo, an...
How to Choose the Right Real Estate Agent
Are you ready to buy a home but don’t know how the process begins? First and foremost – even if you’re already driving through neighborhoods or looking online – find a real estate agent. Sounds simple enough, right? With so many brokerages and agents to choose from,...
5 Winning Tips for Writing an Offer Letter
In some hot housing markets, including a letter with your formal offer to buy a home is all but required. Unfortunately, Hallmark doesn’t make a card for the occasion (yet). Here are a few tips: 1. Get emotional. Take advantage of this opportunity to sail beyond the...
A Plan for First-Time Homebuyers: Go from Prepared to Purchase
If you’re a first-time homebuyer who has succeeded in saving enough for a down payment (remember, you don’t necessarily need 20%) on your very first home – congratulations! You’ve tackled one of the hardest parts of the home buying journey with success, but you...
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