Real Estate

Some Massachusetts homes are selling for hundreds of thousands of dollars over the asking price

June 17, 2021

A red-hot real estate market has anxious homebuyers bidding hundreds of thousands of dollars over asking prices, leading some properties to sell on the same day they are listed, brokers say. “It’s been a seller’s market for some time; it’s just on steroids now,” said Jared Wilk of the Shulkin Wilk Group at Compass in Wellesley. “I’ve never seen any...

Real Estate

NexCore Hires New Senior Vice President of Real Estate Development – CoStar Group

June 17, 2021

NexCore Hires New Senior Vice President of Real Estate Development  CoStar Group Read full article here: www.costar.com...

Real Estate

Branford Real Estate Agent Lauren Freedman Tops National List

June 17, 2021

BRANFORD, CT —In April, Branford real estate agent Lauren Freedman was named number one Coldwell Banker Realty agent in Connecticut and Westchester County, New York. Now, she's been named No. 20 on the list of the Top 250 real estate agents in the U.S. based on achieving 277.8 closed transaction sides totaling $81,139,306 in 2020, according to the ...

Real Estate

Watch Windsor couple navigate market on ‘House Hunters’

June 17, 2021

A Northern Colorado couple's house hunt will be featured on HGTV this week. Ben and Kayla Koons let the network in on their journey to home ownership in Windsor earlier this year, according to Kayla. It will be featured in an episode of "House Hunters" airing 8 p.m. MDT Thursday. The couple, who met while in high school in Loveland, moved to Chicag...

Real Estate

Emily Traxler Brings Customer Success Background To Real Estate Statup’s C-Suite

June 17, 2021

Bank Shot, an Atlanta-based FinTech startup focused on improving the real estate earnest money process, has tapped Emily Traxler as its new CEO.  Traxler brings her work in software startups and customer success experience to the real estate tech company.  She is taking over from the startup’s founders Bernardine W. Drake and Glenn Drake, a hus...

Real Estate

How to handle a bidding war in a hot housing market

June 17, 2021

A newly constructed single-family home is shown as sold in Encinitas, California, U.S., July 31, 2019. REUTERS/Mike BlakeNEW YORK, June 17 (Reuters) - Over the last few years, if you were trying to buy a home in the United States, you were typically up against one other bidder for sales that closed.Last fall, that average rose to two other bidder...

Real Estate

Interest rate increase could cause big impact in housing market

June 16, 2021

LYNCHBURG, Va. (WFXR) — The Federal Reserve moved up its timeline for interest rates as inflation continues to rise in the U.S. Officials say rates could increase as soon as 2023. This comes during the biggest spike in consumer prices in about 13 years. The federal government tries to keep inflation around two percent. The rate of infl...

Real Estate

Real estate business booms amid pandemic

June 16, 2021

BIRMINGHAM, Mich. (WXYZ) — A new home under construction in Birmingham is just a block over from the office where Simon Thomas is managing a fast-growing realty brokerage firm in a red-hot real estate market."We’ve recruited just under 80 agents in just around 2-and-a-half years, our sales are booming and the industry's great, knock on wood, it was...

Real Estate

Phoenix No. 2 in U.S. for increase in home values

June 16, 2021

Continued torrid growth in the housing market paired with a long-awaited bump in inventory in May, according to Zillow’s latest Market Report. Home value appreciation — particularly Phoenix home values — continues to break records and typical time on market is down to just six days. Meanwhile, rents are rising quickly across the U.S., brea...

Real Estate

The US housing market is so hot, buyers are going to wild lengths to get their offers accepted

June 16, 2021

Believe it or not, these are real offers. And sometimes, they actually work."You hear about buyers throwing sweeteners into the mix -- wine, dinners -- to get the house," said Esty Perez, an agent with Knipe Realty in Portland, Oregon. "Then, along comes a buyer that is like, 'Hold my beer.' Let me take this up." Perez said one of his clients was i...