Remove ibuyer
article thumbnail

homebldr throws its hat into the iBuying ring

Real Trends

The housing market had record low inventory, record low average days on market, contingencies and showings were almost nonexistent, and many markets experienced all-cash bidding wars exceeding $100K over list price. Adam Eldibany, the founder of homebldr, said in a statement.

article thumbnail

iBuyer Activity Ground to a Halt in the Second Quarter, With Market Share Plummeting to 0.1%

Redfin

iBuyers purchased the fewest homes in more than three years last quarter as the coronavirus pandemic put business on pause. But the market is now making a comeback, with iBuyers seeing a rebound in demand—and even bidding wars—from homeowners who are in search of quick cash and a safe way to sell during the pandemic.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

A top agent’s take on 2023 housing trends

Real Trends

There is more price negotiation and fewer concessions on these transactions, so we can expect to see luxury properties continue to thrive despite the cooling market. Agents can also expect to see longer “days on market” in 2023. Sellers may see the appeal of saving on realtor commissions when selling with an iBuyer.

article thumbnail

5 of the Top We Buy Houses for Cash Companies in Lake Worth

HomeLight

In Lake Worth, it typically takes around 78 days to sell a home on the market using an agent. That includes an average of 29 days on market, plus the typical 49 days a buyer needs to close on a purchase loan. iBuyers have only been around since the mid-2010s, but are now widely available across Florida.

article thumbnail

6 of the Top We Buy Houses for Cash Companies in Fort Worth

HomeLight

In Fort Worth, it typically takes around 107 days to sell a home on the market using an agent. That includes an average of 62 days on market, plus the typical 45 days a buyer needs to close on a purchase loan. iBuyers have only been around since the mid-2010s, but are now widely available across Texas.

article thumbnail

5 of the Top We Buy Houses for Cash Companies in Modesto

HomeLight

In Modesto, it typically takes around 79 days to sell a home on the market using an agent. That includes an average of 30 days on market, plus the typical 49 days a buyer needs to close on a purchase loan. iBuyers have only been around since the mid-2010s, but are now widely available across California.

article thumbnail

4 of the Top We Buy Houses for Cash Companies in Odessa, Texas

HomeLight

In Odessa, it typically takes around 74 days to sell a home on the market using an agent. That includes an average of 40 days on market plus the typical 34 days a buyer needs to close on a purchase loan. iBuyers have only been around since the mid-2010s, but are now widely available across Texas.