Will Sellers Rush Online to Find a Realtor? Many Realtors are thinking there’s no way residential real estate can fail. Housing markets are too hot with wealthy buyers, high employment, strong banks, along with strong millennial buyer demand and very limited supply of housing. Yet the narrative seems to be changing despite the economic strength. …
Toronto Housing Market While March home sales in the Toronto region were strong at almost 11,000 sold, it was a marked 30% drop from last March of 2021. That month was very strong yet there was more inventory available then. Zolo reported that sales up to April 15 have dropped while listings are rising sharply. …
Housing Market Crash Ahead? With home prices surging ahead further again last month, it’s not hard to predict they will drop at some point. Anti crash prognosticators say there’s no chance of a housing market correction or crash. Homes are being bid on intensely even though most potential buyers can barely afford to buy. As…
Toronto Housing Market Bubble Crash Update: Reports about the potential of a Toronto housing bubble and crash have been around for many years. The latest home price report reveals that in many GTA cities, prices have doubled in the last 4.5 years. The matter of a housing market crash in Toronto or even Vancouver is…
Vancouver Housing Market Update and Forecast Vancouver has built its reputation as one of the most beautiful cities and locations in the world. The modernization of the city, incredible mountain vistas, moderate climate with a surprising amount of yearly sunny days, high tech center growth, tourism and neighboring mountain recreation areas makes this area a…
Florida Real Estate Market Forecast The forecast in Florida is typical of what’s happening in most housing markets in the US. However, a number of factors make the Sunshine State very attractive to Americans. The migration to Miami and the Gulf Coast cities is notable and buyers are closing fast and paying cash. What a difference…
US Housing Market Forecast Housing experts predict home prices will rise strongly through 2022, suggesting optimism reigns in the real estate sector. NAR believes 45 Million millennials are eager to buy. Some may buy a home this spring in anticipation of higher rates and prices will rage. Read more on home sales and price trends…
Seller Leads through Better Marketing Today’s home sellers are a cagey lot, continuously holding on for a better price, a better time, and for the end of the pandemic of course. Still, as a Realtor among thousands in your region, you must build a system capable of reaching as many as possible. As one of…
The Right Property Management Software Software technology has come a long way in the past few years. Improvements in property management technology in particular is responding to growth in the rental property sector as the demand for rental housing rockets. Landlords and property managers are building their businesses on cloud based software platforms to leverage…
US Housing Market January Home sales across the US took a surprising upturn in January 2022 rising 6.7% from December which exceeded NAR’s forecast. It seems homebuyers are eager to lock in a lower mortgage rates now than risk much higher rates later. Given the price of homes in some cities, waiting to buy a…
[the_ad id=”29439″] US New Home Construction, Prices and Sales It’s not a reach to say that buying a new home is tops on many American’s wish list. Although demand for new homes is intense, a lack of supply is dampening those dreams of home ownership. New US home sales rose 4% across the country in…
[the_ad id=”29439″] Massachusetts Housing Market Typical of most housing markets in the US, the Boston housing market is constrained due to a lack of houses for sale. 2021 was a record sales year, however of late, supply is squeezed and activity appears to be easing. Buyers too are concerned that mortgage rates might be on…
[the_ad id=”29439″] Winning Real Estate Marketing Strategy Organic real estate marketing and lead generation are the core or foundation of your sales success. While local advertising and word of mouth help your efforts, they’re not going to establish you as the top Realtor in your region. Admittedly, it takes confidence and the help of a…
[the_ad id=”29439″] Florida Housing Supply Dries Up The Florida housing market remains one of the hottest housing markets in 2022 despite a continually diminished listings of Florida homes for sale. The lack of housing construction is a topic I’ve been writing about for years. It’s due to government policies (NIMBY) resistance to new housing development…
[the_ad id=”29439″] Toronto Condo Market The Toronto housing market continues to accelerate as the pandemic eases. Although the 416 area code sees growth last quarter and in September, it’s the 905 area code that is seeing big increases in condo prices. Toronto’s condominium market fared poorly during the pandemic as few wanted to risk high…
[the_ad id=”29439″] Sell My House Now! With home prices peaking and beginning to flatten, and with the economy showing some weakness, quite a few homeowners are wondering if right now is the best time to sell their house or condo. Selling your house fast for cash has always held connotations, but recently, the business model…
[the_ad id=”29439″] Calgary Housing Market and Update The residential real estate market across Calgary is similar to most housing markets including Toronto, Mississauga, Vancouver, Kelowna and Montreal. Housing sales in the last 13 months, and in particular the first half of this year were up sharply. The question is whether sales and prices will continue…
[the_ad id=”29439″] Real Estate Vs Stock Investing With the stock market so hot of late reaching yet new highs in valuations, are you considering divesting and buying something else with your recent fortune? Or will you stick with the stock market forecast and buy Tesla, Bitcoin, or some Faang stocks and do something risky? If…
[the_ad id=”29439″] US Home Prices Wondering about where home prices are headed? Is now the time to buy, and is selling now wise too? How high could US housing prices reach? Below we see the price forces and stats from real estate data sources such as NAR, NAHB, FRED, Redfin, Corelogic, Statista, Trading Economics and…
[the_ad id=”29439″] Los Angeles Housing Market It’s good times for home sellers in Los Angeles County where prices just keep rising. And homes are selling fast. The average home price in LA County hit $680,000, which was up $125,000 vs 12 months ago. That’s the second-highest year-over-year gain. Unfortunately, LA is now considered the least…