Homes sold quickly across the U.S. this summer. Properties that sold between May and July typically were on the market less than 31 days in 29 states and the District of Columbia, according to the July 2017 REALTORS® Confidence Index Survey.Fifty-one percent of properties that sold in July were on the market for less than a month. Only nine percent of properties were on the market for six months or longer, according to the report.Properties sol
The Houston Association of REALTORS® has launched a housing section on its website to help victims of Hurricane Harvey find a temporary place to live. It allows real estate professionals, property owners, landlords, and property managers to post homes they will make available.Some of the homes posted may be available for free or reduced rent, depending on the owner, HAR notes. The HAR.com site will display properties for sale or lease across th
At the right price, any and every home will sell, regardless of what it looks like and where it is. With price as the single most important factor in putting a home on the market, it never hurts to tip the scales in your sellers’ favor, increase their bottom line and potentially expedite the home sale timeline with all the levers you’ve got at your disposal as a listing agent.Here are six factors that could be contributing to buyers’ reluct
The boom in prices will impact middle-class families whose income can't keep paceSince 2014, the U.S. has gained 346 new $1 million neighborhoods, which can be a good thing — or a not-so-good thing, depending on how you look at it.According to Zillow, nearly one in 20 residential ZIP codes fall into this category because 10 percent of the homes in the area are worth $1 million or more.On one hand, the upshot of highly valued homes is due to t
The factors involved in helping empty nest baby boomers sell their longtime family home are quite different from assisting millennials moving out of their starter home. They may desire different marketing tactics, channels of communication, or types of statistics and information, according to Andrey Nokhrin, founder and CEO of Flipt, a predictive technology firm.Whether you’re working with Generation Y, Generation X, baby boomers, late boomers
Contradicting previous research, new study finds FSBOs sell at discountKey Takeaways Agents tend to achieve higher sales prices for properties than comparable FSBO listings, enough to offset their commission fee, according to a recent analysis.Academic research has often cast doubt on the value of real estate agents, but a new study will come as music to their ears.It suggests that homeowners will net roughly the same proceeds whether they sel
If an interior designer walked through the front doors of your listing, what would their first impression be?Give the house an interior designer spot test before opening it up to buyers. Realtor.com® offers a few tips from behind a designer’s lenses in a recent article :Traffic flow“The first thing I notice is whether or not the furniture placement promotes good flow of traffic,” says Lorelie Brown, a Showhomes franchisee in Charl
Victorian is the interior style that wins the popularity vote in the most number of U.S. states compared to any other decor style, according to a new study by Joybird, a custom furniture company. The study used Google Trends data over the past 12 months to compare the most-searched interior design terms in each state.The states where Victorian style reigned number one were Nevada, Nebraska, Missouri, Indiana, Pennsylvania, Vermont, Maine, Connec
Help make your clients' little country farm dream come trueKey Takeaways When helping rural buyers, agents need to be aware of things like well systems, water safety, septic components, land use and more.Waking up every morning to see my horses grazing in a grassy field, raising chickens to get the freshest eggs imaginable and playing with baby goats in my own backyard had been a dream of mine since I was a child.And almost seven years ago, my hu
The mansion featured in the 1960s TV series “The Beverly Hillbillies” hit the market this week for $350 million, making it the priciest listing in the U.S.The neoclassical house, built in 1933, was used in the hit TV show to depict a rags-to-riches story of Jed Clampett and his family who moved from Limestone, Tenn., to Beverly Hills. The home in real life belonged to billionaire Jerry Perenchio, who died in May at the age of 86. He lived in
