Marco Santarelli

AUGUST 12, 2024

In a remarkable turn of events for the housing market, Oshkosh, Wisconsin, has officially been crowned the hottest housing market in the United States for the first time ever, according to the latest Realtor.com® ® Hottest Housing Markets rankings for July 2024. Oshkosh, WI Emerges as the Hottest Housing Market in the U.S.

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HomeLight

FEBRUARY 4, 2022

And if you’ve recently overheard a work colleague gloating about how they easily bought a house without a real estate agent, one of those questions might be whether you actually need to hire an agent at all. Yes, you can buy a house without the aid of a real estate agent. An agent is your advocate. And lots more!

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HomeLight

FEBRUARY 25, 2022

If you’ve been looking for “discount agents” or “low commission real estate agents,” Ideal Agent has probably popped up in a search. The company says that their agents will accept a lower commission and still do a great job. What is Ideal Agent? What is Ideal Agent? Full-time agents, not hobbyists.

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Agents Pre-approval Loans Sales 105

HomeLight

APRIL 29, 2021

From cocktail parties to backyard barbecues, it seems like everyone around you is talking about how hot the real estate market is. So does that mean you’re in a buyer’s market or a seller’s market? Like stock prices, the real estate market fluctuates. Seller’s market: The odds are in your favor. Home prices rise.

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Realty Biz

MAY 1, 2022

If you are looking to buy a home in a hot seller’s market, there is a strong likelihood you’ll be up against buyers who will be making a cash offer. Research The Current Real Estate Market. When trying to beat a cash offer, it’s essential to understand the current local real estate market? Let’s dive in!

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Purchase and sale agreement Rent back Inspection Pre-approval 145

Realtor.com

JUNE 4, 2021

Chase Robertson The housing market is so hot that some homeowners have become afraid to sell. Many are unwilling to compete in this frenzied housing market , where they could be subjected to the fierce and costly bidding wars that have become commonplace across the U.S. As their families grow, they upgrade to bigger houses.

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HomeLight

MARCH 31, 2021

If these scenarios ring true, chances are you’re in the midst of a seller’s market. A seller’s market exists when there are more homebuyers than available homes. He explains what a seller’s market looks like and what to expect if you’re a homeowner thinking about selling in these ideal conditions.

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HomeLight

JUNE 30, 2021

Christina Roberto , an agent in Georgetown, Texas, who works with 78% more single-family homes than the average agent in her area, has had offers with sales contingencies accepted even in a hot seller’s market. If the contingency isn’t met, it usually means that you can drop out of the purchase and get your earnest money back.

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Realty Biz

JULY 7, 2021

There may not be enough houses on the market right now, but more are coming on the market every day. There may be rare local circumstances where this will work but it should only be based on the advice of a trusted real estate agent. In today’s market, a good strategy is looking at houses below the top end of your budget.

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Inspection contingency Marketing Inspection Rent back 87

Redfin

MAY 27, 2021

It’s no secret that the US housing market is fiercely competitive right now, with homes selling faster and for more money than pre-pandemic levels. We asked Redfin agents to share the most unbelievable and creative real estate offers they’ve recently worked on or seen that won the deal. Over asking + expenses + furniture = success. “In

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HomeLight

OCTOBER 12, 2020

You need to write offers that tell the seller and listing agent three things: your offer has the best terms. Sarita Dua is a top agent in Portland, Oregon who’s been winning bidding wars all year long — including seven straight in a single weekend. HomeLight’s Agent Resource Center. Links and Show Notes.

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RIS Media

APRIL 18, 2022

Take time to understand the current housing market. You’ll want to be sure you understand the current market and what houses are available. Is it a buyer’s market or a seller’s market? Is it a buyer’s market or a seller’s market? All real estate is local, after all.

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Pre-approval Backup offer Due diligence Rent back 119

Realty Biz

MARCH 5, 2021

Real estate agents are urging their clients to go and sell their homes now, or risk missing out on the golden opportunity that the current seller’s market presents. “A The problem is that the market works both ways, and the majority of sellers will have to buy a replacement home to move into.

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Rent back Equity Agents Loans 110

Redfin

MAY 7, 2021

Homeowners in a seller’s market face a conundrum. You can expect high prices in a competitive housing market where homes are selling in record time. Here are six options to consider when deciding on selling and buying in a seller’s market. 6 options for selling and buying in a seller’s market.

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Purchase and sale agreement Marketing Equity Loans 80

HomeLight

AUGUST 16, 2022

We’ll get into more details shortly, but it is safe to say that market activity is to blame (or thank!) Interest rates adjust based on how the overall market is doing. The International Monetary Fund has a great explainer on these market ups and downs if you’re up for some further reading. Why did mortgage rates rise?

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Mortgages Fixed-rate mortgage Agents Rent back 135

HomeLight

AUGUST 17, 2022

With the help of Richie Helali from HomeLight Home Loans and Leanne Hester , a top real estate agent based in Newport News, Virginia , we’re taking a deep-dive into why mortgage rates are rising and what it all means for homebuyers and sellers. In short, the market is what drives interest rates. Prime rates and the bond market.

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Mortgages Rent back Fixed-rate mortgage Banks 108

HomeLight

FEBRUARY 28, 2022

In a perfect world, you can put your current house on the market, sell quickly to get your equity out of your home to use for a down payment, and find your next dream home just as quickly. This is where a good real estate agent can help take some of the stress away from the homeowners.”. Find Agent. Real Estate Agent.

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Equity Debt-to-income ratio Loans Closing 126

Realty Biz

MAY 16, 2021

“Timing a purchase and sale is incredibly difficult in most markets but especially when most sellers won’t accept an offer contingent on the sale of the buyer’s home,” he said of the reality of today’s market. If the buyer doesn’t want to give the seller a rent-back, they just won’t get their offer accepted.”.

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Purchase and sale agreement Rent back Sales As-is 74

HomeLight

APRIL 17, 2024

Selling a home the traditional way can be stressful and time consuming, especially in a shifting market. Request Offer Editors note: Opendoor and Offerpad provide an option to list your home on the market. In normal home sales, many real estate agents are negotiating rent-back periods for home sellers.

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HomeLight

APRIL 22, 2024

No repairs, clean-up, or agent commissions to worry about! “We But there’s a catch: to turn a profit, cash-for-homes companies often present offers that are below market value. You’ll be asked to move out by the agreed-upon date, or some companies will approve a short rent-back period.

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Rent back Closing Sales As-is 111

The Close

APRIL 28, 2022

In today’s tight inventory market, trying to help buyers with financing and limited funds feels a little like getting into a boxing match with Mike Tyson. Luckily, beating a cash offer on a house is not as hard as many agents think. On the other hand, I have not lifted a finger to help an agent who was rude and standoffish.

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Realtor.com

OCTOBER 29, 2020

Most purchase agreements have contingencies —things that buyers must do before the real estate transaction is official, explains Jimmy Branham , a Coral Springs, FL, real estate agent at the Keyes Company. Appraisal contingency: With this contingency, a third party hired by your mortgage lender evaluates the fair market value of the home.

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HomeLight

OCTOBER 1, 2020

Here’s how it works: The appraiser will find at least three nearby comparable homes ( “comps” ) that are about the same size and age as yours, which were sold recently (typically within the past three to six months), and the appraiser will then use regression models and their market knowledge to come up with the value of your coveted property.

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HomeLight

JULY 29, 2022

Each option may have advantages that depend on market conditions. Our Home Value Estimator tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. Start by understanding the market. In a buyer’s market.

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Debt-to-income ratio Loans Rent back Agents 111

First Team Real Estate

MAY 25, 2021

Southern California home prices hit an all-time high this April as the hot seller’s market got even hotter. Bidding wars are extremely common across the Southern California housing market as tons of buyers compete for limited inventory , helping to drive up median prices. Becky Beavers of DQNews says the 20.2% Advice for Buyers.

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Rent back Closing costs Sales Mortgages 98

HomeLight

APRIL 21, 2022

To help you evaluate your first offer, we’ll walk you through key consideration points, how to weigh the strength of the offer, encourage you to assess your objectives, and how to factor in market conditions. Your house has been on the market three months or more. A Top-Rated Agent Can Help You Field Buyer Offers. Find an Agent.

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Inspection contingency Home sale contingency Pre-approval Agents 111

HomeLight

SEPTEMBER 23, 2021

The time of year and market conditions you list your home in can significantly impact your sale speed and price. Real estate is hyperlocal — you need to understand your local market’s nuances, inventory, and demand to determine the best time to sell. Consult a top real estate agent in your area for expert advice.

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Rent back Home sale contingency Sales Agents 98

Redfin

FEBRUARY 2, 2021

What is a Seller’s Market? A seller’s market is when there are more homebuyers in a particular area looking to purchase a home than actual houses listed for sale. A seller’s market usually results in rising home prices and stiffer competition among homebuyers. How has the pandemic affected the market?

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HomeLight

NOVEMBER 30, 2023

While your home shopping journey technically started with getting preapproved for a mortgage and looking at houses, it often doesn’t feel official until your agent submits an offer. Find a Buyer's Agent To Navigate the Homebuying Process Working with a trusted real estate agent can help you ensure you are submitting your best offer.

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Rent back Agents Renovation Mortgages 85

HomeLight

MAY 24, 2021

If you’re looking to buy in 2021, then you already know that the market is white-hot. That means it’s a prime seller’s market — and a potentially tough go for hopeful buyers. So how can you be prepared to pounce with the right offer over asking price when you see that dream home hit the market? Perfect match, right? Not so fast.

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Pre-qualification Pre-approval Purchase and sale agreement Loans 111

HomeLight

MARCH 28, 2022

No staging, no repeated showings, no agent commissions. Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. How’s the real estate market? Receive a cash offer in as few as 48 hours. Request Offer.

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Purchase and sale agreement Agents Equity Staging 119

HomeLight

APRIL 27, 2022

And according to a recent survey, 83% of real estate agents expect these trends to continue into 2022, though a more balanced market may start to emerge in the second half of the year as interest rates rise. Work with a top agent to develop a strong pricing strategy. Source: (3844328/ Pixabay). Get Estimate.

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Renovation Agents Sales Rent back 105

HomeLight

DECEMBER 14, 2021

Top agent Dave Mattes , who completes 21% more sales than the average agent in Reading, Pennsylvania, thinks that “a good real estate agent is somebody that dedicates enough time to treat their customers well, and they have fast responses, market knowledge, and good communication.”. What are the agent’s actual results?

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Pre-qualification Earnest money deposit Agents Days on market 111

HomeLight

MARCH 22, 2021

You need to write offers that tell the listing agent your offer has the best terms, lowest risk, and is most likely to cross the proverbial finish line. You can find the group here: HomeLight Agent Community – The Walkthrough. HomeLight’s Agent Resource Center. The best price doesn’t always win a bidding war.

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HomeLight

JANUARY 28, 2021

In HomeLight’s Q4 2020 survey of over 1,000 top real estate agents, 74% of respondents said that home prices were on the rise in their area, in spite of the winter season. What’s more, 48% of agents believe home values in their market will continue to climb over the next six months, and 46% noted bidding wars were increasing in their market.

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HomeLight

APRIL 29, 2021

For expert insight, we spoke with Kurt Thompson , a top real estate agent and former president of the Massachusetts Association of Realtors®. “Sellers don’t always understand the condition that their property should be in bringing onto the market,” says Thompson. Then there’s the inevitable delay.

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Purchase and sale agreement Pre-approval Inspection Inspection contingency 98

HomeLight

JANUARY 7, 2022

We’ve talked to veteran real estate agents to build an end-to-end guide on how to buy a house while selling your own. Real Estate Agent. Real Estate Agent at RE/MAX Results. Before you make any decisions, a real estate agent can give you a sense of what your house could list for right now and how fast it’s likely to sell.

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Equity Loans Debt-to-income ratio Closing 105