Buyers Waive Contingencies To win a bidding war, more buyers are waiving appraisal and inspection contingencies, according to the latest REALTORS® Confidence Index survey. Home buyers most commonly are waiving the appraisal contingency (28%) and the inspection contingency (25%), shows the survey of more than 3,300 REALTORS®. The buyers waiving contract contingencies are …
Tag: tips
Jun 28
Real Estate in 2021
Real Estate in 2021 Remote work and mobility are expected to have the most significant impact on real estate over the next year, according to The Counselors of Real Estate’s list. The group identified current and emerging issues expected to have an influence over real estate in the 2021-2022 cycle. Remote work and mobility and …
Jun 28
Virtual Real Estate Is Setting Price Records
Virtual Real Estate Is Setting Price Records Virtual land in the online world of Decentraland grabbed international headlines after recently selling for more than $900,000, a record purchase on the platform, the Decentraland Foundation announced. Ownership of some virtual land is bought and sold with nonfungible tokens, a type of cryptocurrency that records the ownership …
Jun 28
Credit tips when applying for a mortgage
Credit tips when applying for a mortgage Check out these six credit tips when applying for a mortgage! With the help of myself and John Coneys of RoundPoint Mortgage, (NMLS# 183853 – 610.322.4886) we can explore homebuying options to help you meet your goals. #RealEstate #Realtor #HomePurchase #BuyersMarket #PlymouthMeetingRP
Jun 28
Are You Ready to Move?
Jun 15
Zoom Calls Spark Home Decluttering
Zoom Calls Spark Home Decluttering Many remote workers have found sections of their home suddenly on display during videoconference calls, which has motivated them to spruce up their nest, a new survey shows. Seventy-three percent of Americans say they cleaned or tidied up their homes prior to virtual Zoom calls, according to the survey from …
Jun 15
Do Your Clients Check for Mistakes on Their Credit Report?
Do Your Clients Check for Mistakes on Their Credit Report? More than a third of Americans say they have found at least one error in their credit report, according to a new study from Consumer Reports. The publication asked more than 5,800 study participants to get a copy of their credit report and check it …
Jun 14
City Exodus May Be Nearing an End
City Exodus May Be Nearing an End The big city is starting to look attractive again. More than a year into the pandemic, moves from dense urban cities, like New York, San Francisco, and Boston, have started to slow. These cities lost record numbers of residents in 2020 due to density concerns, closure of entertainment …
Jun 14
Easy Ways to Give the Backyard Instant Cachet
Easy Ways to Give the Backyard Instant Cachet Homeowners have focused heavily on making the backyard more functional since the pandemic, but it’s important not to forget about style and aesthetics. Interior stylists Shelby Greene and Kate Leyendecker of furniture retailer Living Spaces offer inexpensive touches that can give the backyard a luxury look. …
Jun 11
Apartments Get Larger, After Years of Shrinking
Apartments Get Larger, After Years of Shrinking Apartments have shrunk in size over the past decade. But that is changing. Renters during the pandemic craved more space, and the multifamily sector is responding by expanding the square footage by making units about “one small home office larger,” according to a new study. Thirty-six percent of …
Jun 11
Awaiting Lumber Price Relief, Some Builders Delay Projects
Awaiting Lumber Price Relief, Some Builders Delay Projects Lumber prices may soon start to recede from their recent record highs, and some home builders say they may stop taking new orders or delay projects with that expectation in mind. Prices for lumber have surged more than 200% over the past 12 months. That has added …
Jun 11
Buyers May Benefit From an Auction Mindset
Buyers May Benefit From an Auction Mindset Buyers who head into the housing market believing they should get a home for less than the listing price may be very disappointed. Instead, they may consider that asking prices have become more like the start of an auction and be ready to start bidding. For every listing, …