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How Two Offers on a Listing Happen at the Same Time
Source: The Balance --- Receiving two offers on a listing at the same time—even on a listing that's been on the market for a long time—is common. It's not unusual for a seller to find themselves in a nice spot where they receive more than one offer (known as multiple...
Real Estate And Crowdfunding: A Duo With Staying Power
Source: Forbes --- In the era of Big Tech, when over 80% of the global population uses a smartphone, investing is no longer reserved for the wealthiest. Today, anyone with a smartphone, internet connection and $10 in their pocket can become an investor. The...
One-Third of Houses for Sale Are New Construction, an All-Time High
Source: Redfin --- More than one-third (34.1%) of U.S. single-family homes for sale in December were new construction, up from 25.4% a year earlier and the highest share on record. Newly built homes have taken up an increasing portion of the U.S. housing market over...
Getting ghosted?
Source: Housing Wire --- I never thought I would see the day when the housing industry and the dating industry shared a common struggle — getting ghosted. The term is not so fondly used in the dating world when someone suddenly and without explanation withdraws from...
As rent spikes by 35% in some cities, here’s how Utah compares to the rest of the U.S.
Source: KSL --- SALT LAKE CITY — Utah has some of the most overvalued housing markets in the country. What about rent? In the past year, rent in some U.S. cities shot up a staggering 35%, according to a recent report from Redfin, fueled in part by rising housing...
Owning Is More Affordable than Renting in the Majority of the Country
Source: Keeping Current Matters --- If you were thinking about buying a home this year, but already pressed pause on your plans due to rising home prices and increasing mortgage rates, there’s something you should consider. According to the latest report from ATTOM...
