open house / 2 posts found
How Coronavirus is Impacting Luxury Real Estate
Reposted from Forbes | Dima Williams, Contributor | March 19, 2020 In the final quarter of 2019, luxury real estate in the U.S. rallied both in sale volume and price. The segment posted double-digit sales growth year-over-year for the first time in 2019. The entry price rose by 2.1% to $1.27 million, according to the realtor.com’s latest luxury report. “The stock market was very strong in the last quarter and we also saw mortgage rates that were lower than they had been a year prior,” says realtor.com chief economist Danielle Hale. “That really helps the luxury segment show a lot of strength.” The new year looked promising. Then, coronavirus gripped the…
Top Secrets Your Broker Won’t Tell You
Top Secrets Your Real Estate Broker Won’t Tell You Do you ever feel like real estate brokers have something to hide? Your feeling isn’t wrong because many real estate professionals know secrets about the process that they choose not to share with you. For example, they know that you can technically do this process without them, but even so having an agent on your side is the smartest decision you can make when buying or selling. They also won’t tell you that their commission is negotiable and that they are the ones that want to have an open house. Take […]