By Realtor Home buyers have been seeking more space since the pandemic, but in the luxury market, there still appears to be limits on how big buyers are willing to go. Homes in the top 1% by price that are between 5,000 and 10,000 square feet were the fastest-selling in the luxury sector in 2020,…
Read more
Single Women Outpace Men in Home Purchases
Single women have long been a powerful force within the first-time buyer segment. Now, one lender's analysis of recent U.S. Census Bureau data shows that, in the largest markets, single women far outpace single men when it comes to homeownership in most of the country. Single women own about 5.2 million homes in the U.S., 44% more than the…
Read more
Buyers May Want to Ask Lenders: How Long to Close?
House hunters may want to ask their lenders how long it will take them to close on a loan while shopping for a mortgage. In a housing market where multiple offer situations have become commonplace, the ability for a buyer to close quickly can stand out to home sellers. Buyers should ask lenders: How long…
Read more
Retirees Seeking Homes Need Help Navigating Areas With Short-Term Rental Bans
By Realtor Retirees are finding neighborhoods that are free of short-term rental properties attractive as they seek quiet, peaceful areas where they can connect with their neighbors and avoid constant activity from renters. But the properties that retirees often find desirable in destination and resort areas can be prone to having short-term rentals next door.…
Read more
What Does a Real Estate Agent Do?
A Day in the Life of a Real Estate Salesperson A real estate agent, as defined by Cambridge Dictionary, is a person whose business is to arrange the selling or renting (learn more about renting here) of houses, land, offices, or buildings for their owners. While that is a technically accurate definition of a real…
Read more