Key Takeaways: – Redfin has partnered with Roomvo to offer a new tool called Redfin Redesign – Redfin Redesign allows homebuyers to digitally alter room finishes and appearance to better envision their wants and needs – The tool also alerts agents to a buyer’s growing interest in a particular home – The technology is currently…
Key Takeaways: – Zillow predicts that more homeowners will list their homes as interest rates remain high, leading to an increase in housing supply. – With more supply, home price growth is expected to slow down, offering potential affordability boosts for buyers. – Urban areas are experiencing a resurgence in popularity, with rental demand surging…
Key Takeaways: – Only 14 percent of Americans surveyed in November believed it was a good time to buy a home, a record low. – The survey was conducted when mortgage rates were high, and consumers expected them to continue climbing. – However, mortgage rates have since dropped, which may impact consumer sentiment in the…
Key Takeaways: – Democratic lawmakers in both the House and Senate have introduced bills to ban hedge funds from participating in the single-family housing market – Senator Jeff Merkley introduced the “End Hedge Fund Control of American Homes Act of 2023” to the Senate, while Representative Adam Smith introduced the House version – Representatives Jeff…
Key Takeaways: – Purchasing a home in New York offers a wide range of choices in dynamic neighborhoods and boroughs. – The housing market in New York reflects a diverse landscape with varying trends across regions, with a higher median sale price than the national average. – Selecting the ideal location is crucial and determines…
Key Takeaways: – Home inspections are crucial for buyers and sellers in Montana due to extreme weather conditions and unique geological factors – A comprehensive home inspection can unveil potential issues related to weatherproofing, structural integrity, and environmental considerations – Buyers in Montana should consider getting a radon test due to high radon levels in…
Key Takeaways: – The theme of Show us your tech! in December is Top Tech for the New Year. – The focus is on the best technology, including CRM platforms and 3D tours. – ChatGPT 4.0 is highlighted as a tool to revolutionize businesses in 2024. – Upgrading to ChatGPT 4.0 costs $20 per month…
Key Takeaways: – Renting can have its advantages, such as avoiding repairs and maintenance and the ability to easily move. – Buying a home can come with initial losses on closing costs and additional costs when selling. – Trying to time the market is risky and even experts struggle to do so reliably. – Investing…
Key Takeaways: – Buyers are increasingly relying on personal loans and gifts to close deals due to rising prices and rates. – A survey of 3,000 potential buyers conducted by Dig Insights and Inman found that 80% of first-time homeowners said they would need a gift or personal loan to qualify for a new home….
Key Takeaways: – Lone Wolf Technologies is allowing mortgage lenders to integrate with its transaction management solution for real estate brokerages and agents. – Tech-based mortgage lender Better is the first to take advantage of this opportunity, using the integration to generate prequalification letters for homebuyers. – Integration into Lone Wolf’s transaction management solution allows…
