If you're interested, I can deliver a cash offer to you today! Here's research on the costs: But what, exactly, do iBuyers bring to the table for home sellers? And, can this business model survive the housing market downturn so many are predicting? That’s...
The big news about the Fed dropping their rate last week didn't cause people to rush out and buy a house - in fact, we didn't even do as well as last year when rates were 1% higher (51 new pendings over the last seven days vs 54 last year at this time). Rates being 1%...
Kayla has joined the Jacky Teplitzky Team, one of the most successful realtor teams in the history of Manhattan real estate - and she couldn't be more excited! Her first week on the job was jam-packed with tours of their listings, and other training. Look out now,...
Now we're talking! Thanks Richard. A bank in Denmark is offering borrowers mortgages at a negative interest rate, effectively paying its customers to borrow money for a house purchase. Jyske Bank, Denmark's third-largest bank, said this week that customers would now...
Here's a good example of how to dress up an older tract house to get top dollar. The list price was $770,000 for 1,442sf on premium 8,464sf lot which was probably the best location in tract. Four offers were submitted, and it closed at $825,000!
The big money and heavy competition is causing ibuyers to juice their offerings. Opendoor will buy your house for cash, they will buy your next house, they have rebates, and now they will even buy your house back within 90 days if you don't like it. Our belief is that...
The path forward is becoming more clear. Zillow is rapidly expanding their ibuying enterprise, and because they are so well-known, they have a shot at a major disruption. In the video below, Mike describes how homeowners who used to rely on their zestimate for a home...
Here's a brief look at the Plan 2 and an update on sales now that VSF has been open for six months:
Let's take a good look around - action is needed, more than ever.
You'd think there would be more that goes into making a good investment, but who knows any more? Certain grocery stores may help lift nearby home values, particularly if those stores happen to be Trader Joe’s, Whole Foods, or Aldi, suggests a new analysis from ATTOM...
