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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.

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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.

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What Is Simple Sale? A Platform for Selling Your Home Fast

HomeLight

According to the National Association of Realtors®, cash sales accounted for 23% of existing-home sales last year, up from 16% the year before. This article will not attempt to explain all the different iBuyers , investors or franchisors who buy homes for cash and how they operate. What is Simple Sale? Learn More.

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A top agent’s take on 2023 housing trends

Real Trends

If the interest rates do drop and get closer to 5%, agents can expect a mini-boom in which the low rates will re-inspire housing demand significantly and boost overall sales. 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.

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What Does Contingent Mean in Real Estate?

HomeLight

The final sale hangs in the balance, waiting for certain conditions or “contingencies” to be met. These conditions can be anything from the buyer securing a mortgage, the home inspection clearing, or the sale of the buyer’s current home. Learn More Should I accept an offer with a home sale contingency?

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How Can I Sell My House Fast with an Online Quote?

HomeLight

Here are brief descriptions of some of the different types that offer a near-instant online quote to buy your home: iBuyers: Larger real estate companies that purchase homes that are typically in better condition than homes purchased by investors and flippers. iBuyers are likely to offer more for your home than an investor or flipper.

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

HomeLight

Perhaps you need a fast home sale to start a new job in San Antonio, Charlotte, or Phoenix. Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Receive your offer within a week and close in as little as 10 days. They usually present a take-it-or-leave-it sale price.