Items Tagged with 'buyers market'

ARTICLES

  • [Pulse] Will iBuyers survive a buyer's market?

    The iBuyer concept is fresh and exciting, but it remains untested throughout a full market cycle
    The housing market is cyclical, and history shows businesses based on a perpetual seller's market do not last. Good housing markets are very forgiving, but when they turn, flawed concepts are rapidly and ruthlessly exposed. Selling homes in a seller's market is not difficult. But when the market turns and buyers gain the upper hand, will the iBuyer concept survive?
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  • Redfin: West Coast homebuyers are winning the bidding wars

    In Q1, Americans had the highest first-offer success rate in the last three years
    As lackluster home sales push inventory growth in the nation’s housing markets, new data from Redfin suggests purchasing competition has begun to ease in nearly every metro across the country. This is especially so for the West Coast, which saw the biggest year-over-year increases in first-offer success rates.
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  • Ellie Mae: Millennials are taking advantage of cooling housing market

    Millennial purchase requests increase to 87% in February
    As the housing market shifts further in favor of homebuyers, Ellie Mae’s latest Millennial Tracker Survey reveals purchase requests from Millennials increased to 87% in February. Executive Vice President of Strategy and Technology Joe Tyrrell said the percentage of purchase loans is on the rise as Millennials continue to enter the homebuying market.
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  • Trulia: This is how spring's housing market will fare

    Trulia says the market is in the early stages of a cyclical downturn
    Although several reports indicate the housing market is projected to heat up this spring, recent data from Trulia suggests the industry is currently experiencing the early stages of a cyclical downturn. However, despite this concern, Trulia believes the housing market still has the ability to come out on top.
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  • Redfin: Homebuyer competition eases as housing market cools

    This winter, buyers spent the shortest time searching for homes within the last 6 years
    As the housing market continues cooling, homebuyers across the country are benefiting from declining home prices and rising inventory. In fact, Redfin Chief Economist Daryl Fairweather said there are now more homes for sale relative to the number of buyers, meaning buyers are now more likely to have their first offer accepted.
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  • Real estate agents say housing market is favoring buyers

    Anticipating a surge of supply this spring, buyers are taking their time
    Real estate agents say many of their buyers are encouraged by an expected surge of supply this spring, and that a number of them are taking a wait-and-see approach rather than hustling to get a deal done. This market shift that puts the control in the hands of the buyer was revealed by a recent Credit Suisse survey of 500 real estate agents around the country. Here's what else they had to say.
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  • Redfin: 2019 is shaping up to be a good year for homebuyers

    More Americans are slashing home prices than in previous winters
    In February, more American homes experienced a price drop than any other winter in recent history, according to new data from Redfin. Interestingly, Redfin's data also indicates the housing market is shifting more towards a buyers market.
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  • Is housing becoming a buyer’s market?

    Sellers begin cutting back prices
    The housing market has tilted sharply in favor of sellers over the past two years, but there are very early signs that the winds may be starting to shift ever-so-slightly. The latest data shows an increase in the number of homes with price cuts – but is it where buyers really need it?
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  • Americans agree: Time is right to sell, but not to buy

    Home prices created widening gap on buyer vs. seller market
    The gap in confidence continues to widen between the share of consumers who say now is a good time to buy and those that say now is a good time to sell. The net "good time to sell" share is now double the net "good time to buy" share, with record high percentages of consumers citing home prices as the primary reason for both perceptions.
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