Seller’s or Buyer’s Market? It’s Up for Debate
How many buyers backed off waiting for prices to fall? How many lost income and are gone for good? How many homeowners can still afford their mortgage? How has the … Continue reading
Millennials: The Lion’s Share of U.S. Home Buyers
However, there are notable demographic differences between older millennials (ages 30 to 39) and younger millennials (22 to 29) who have more college debt. Millennials now represent a significant majority … Continue reading
Airbnb properties wouldn’t make a dent on housing market
While the real estate market has lots of challenges during the COVID-19 pandemic, a tsunami of houses being sold by Airbnb hosts who can’t pay their mortgages isn’t one of … Continue reading
Will a Handshake Become a Thing of the Past?
Job recruiters often look for a “good, firm handshake” – a sign of strength in the business world. But it’s a top spreader of germs, and some think it’s gone … Continue reading
2019 saw the largest growth of first-time homebuyers in over a decade
Prior to coronavirus making its way to the U.S., some things were looking up for the housing market. More specifically, the first-time homebuyer market was very active in 2019, according … Continue reading
Virtual Tours, Patience Can Pay Off for Homebuyers Now
Despite the pandemic, homebuyers are continuing their home search by options like online open houses where they can Zoom or FaceTime with Realtors in real time. Thomas Rosenthal has been … Continue reading
Reminder: Hurricane Prep Tax ‘Holiday’ Begins Friday
Many hurricane-related items are sales-tax free May 29-June 4, notably generators costing up to $750. Retailers hope the “holiday” will also reenergize their businesses. Starting Friday, Florida shoppers who are … Continue reading
3 Staging Trends that Can Turn Off Buyers
Stagers say popular home design trends may look stylish to owners but not to buyers. Don’t mix too many metals, for example – and neutral wall colors still work best. … Continue reading
As Skittish Investors Back Off, First-Time Buyers Step In
RE investors base a purchase price on future expectations, but the pandemic created market confusion. As a result, first-timers face less competition for starter homes. The mix of homebuyers has … Continue reading
Summer is the new home-buying season
Spring has historically been dubbed “home-buying season,” but as the last few months have been shut down due to the COVID-19 pandemic, is summer the next best thing? The beginning … Continue reading