Written by KERI HENKE As the U.S. housing market conditions shift more in favor of buyers, there are upgrades home sellers may consider to ensure a more competitive listing. American chef and TV personality Andrew Zimmern often says “Life happens in the kitchen.” It’s...
Home Sales
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...
HOUSING SUPPLY INCREASED FOR THE SECOND MONTH IN A ROW AS HOME SALES DECLINE
Typically a hot month for home sales, May 2022 saw closed transactions dip 8.5% lower than the same time last year. May is usually an active month for home sales – but May 2022 saw an 8.5% decrease in closings year-over-year. RE/MAX, LLC President and CEO Nick Bailey...
A MAJOR FIRST: RE/MAX AGENTS CLOSE OVER 2 MILLION TRANSACTION SIDES IN 2021
As announced at the 2022 RE/MAX R4 convention, agent productivity hits a new high for the network and the entire real estate industry. RE/MAX agents closed more than 2 million total transaction sides last year, a milestone no other real estate brand has ever reached,...
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...
Record-Shattering Home Sales Continue Into Fall
Delayed by pandemic-related lockdowns, summer's peak homebuying season pushed into fall. In fact, according to the RE/MAX National Housing Report for September, closings rose 21.1% from a year ago and on average, homes sold in a mere 39 days. Meanwhile, the inventory...
Demand for Housing Increases in August 2019
According to the August 2019 RE/MAX National Housing Report, buyer demand continues to exceed available housing supply, extending the favorable seller’s market that has been in place for years. While sellers have had the upper hand in negotiations in recent years with...
Millennial Homebuyers Want a Yard of Their (Pet’s) Dreams – Here’s How Sellers Can Appeal to Furry Friends
What could beat out an updated kitchen as the most important feature millennials are looking for when buying a home? Recent research from the National Association of Landscape Professionals shows that a nice-sized lawn is the No. 1 priority among those born between...
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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