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The Post-COVID shift: What Amazon and Zillow can’t do

Housing Wire

In just a few months’ time, COVID-19 accelerated the digital shift era to forever change the way consumers approach home buying. In February 2019, we wrote an article predicting this seismic shift, detailing how mortgage lenders could and should prepare to not only survive the shift but thrive in the future digital age.

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Buyer’s Market vs Seller’s Market: What’s the Difference?

The Close

This phenomenon means there are fewer buyers than there are homes for sale. Competition is lower for a home, and the number of days on market increases for listings. You can expect to see: High real estate inventory Fewer interested buyers Sellers ready to negotiate Pro Tip Need to snag more buyer leads?

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Why an Economic Downturn Represents the Best Time to Invest in Real Estate

The Close

Right now might seem like a frightening time to jump into real estate investing. But for value-seeking investors like myself, the scariest time to invest is actually in a good economy, when housing prices are rising at a blistering pace. But first, let’s get a handle on the basics. from this time last year.

Investor 116
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Price Reduction in Real Estate: A 5-step Guide for Agents

The Close

When it’s time for a price reduction, real estate agents must conduct market research and rely on the data. You must evaluate if a price reduction is necessary by looking at the absorption rate and the average days on market (DOM) for that location. Pricing real estate is an art and science. But it’s critical to dig deeper.

Agents 52
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6 Things Agents Shouldn’t Do During a Recession (& What You Should Do Instead)

The Close

Don’t Overreact It always amazes me when, at the first signs of a market shift, many real estate agents immediately adopt a “sky is falling” attitude. So, despite a changing market, there is still plenty of opportunity for homebuyers who are willing to stay the course and live in their home for many years to come.

Agents 94
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REALTORS® Make Their 2022 Market Predictions

The Residential Specialist

Small upticks in interest rates are likely to only push demand higher as buyers realize the “days of hyper-low interest rates are over,” he says. “I There are so many millennials starting household formation and buying their first home,” Freund says. Prices will rise at a slightly slower rate. to 5%,” Freund predicts.

Marketing 105
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Redfin & Money.com Answer Your Top Questions about Crypto Real Estate

Redfin

From comparing the advantages and disadvantages of blockchain real estate loans to expert opinions from Redfin Chief Economist Daryl Fairweather, this article will answer your top questions about crypto real estate. . of first-time homebuyers liquidated crypto assets to purchase their home. Who is using cryptocurrency?

Loans 59