According to Zillow’s seller report, 78% of homeowners are motivated to sell due to major life events, such as changes in family size or job relocations. Most sellers take 3-4 months to decide, with 48% seeking a new location, more space, and/or a different layout.
Zillow’s latest market report shows that lower mortgage rates and rising inventory are improving affordability for home buyers, offering increased negotiating power and more listings to choose from.
Zillow has upgraded its AI-powered search, allowing users to find homes or rentals by using natural language search queries. Home shoppers can now include search terms based on commute time, affordability, schools, and points of interest.
Zillow’s latest research reveals a shift toward a more balanced housing market as rising inventory and slowing price appreciation erode sellers’ advantage.
Tom Toole explains the NAR settlement survey results and highlights four key reasons sellers should consider this approach to maintain a competitive edge in the market.
On Tuesday, August 6, 2024, the Consumer Federation of America (CFA) published a Consumer Alert with three recommendations to help buyers and sellers with the new Realtor rules and practices going into effect on August 17 due to the NAR settlement.
According to a recent survey by Clever Real Estate, the average homeowner spends $54,156 to sell their home. And 42% of the homeowners responding to the survey say the home-selling costs were higher than they expected.
Zonda just released its 37th annual Cost vs Value (CVV) report, showing 8 of the top ten home renovation projects with the highest ROI are exterior projects that enhance curb appeal. And the top two have ROIs close to 200%.
Tom Toole breaks down the math to show how to calculate the cost of waiting for both buyers and sellers in today’s market.
A new report from the Consumer Federation of America (CFA) highlights the benefits of recent changes in real estate agent compensation resulting from the uncoupling of real estate agent commissions.
The National Association of Realtors® has released its 2024 Home Buyers and Sellers Generational Trends Report, showing 85% of all sellers report a high level of service from their real estate agent.
The National Association of Realtors® has released its 2024 Home Buyers and Sellers Generational Trends Report, showing millennials in the lead, surpassing baby boomers and accounting for 38% of all home buyers.
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