In Denver, real estate pros are reporting that some listings are seeing more than 100 showings in one weekend and are then receiving more than 20 offers. Buyers are being told to expect going 20% above the list price if they want a home. Markets across the country are reporting the same.The spring homebuying season is expected to be fierce for house hunters.Here’s the reason: More than 200,000 new listings have been absent from the U.
The drive-thru lane is growing in demand during the pandemic among commercial spaces as more restaurants find it the perfect socially distanced workaround to continue to conduct business. Many restaurants have had limits on seating capacity during the COVID-19 outbreak, which has led them to turn to their drive-thru business to keep sales high.As a result, commercial spaces that offer drive-thru lanes are a particularly hot commodity. A
The number of home shoppers buying a multigenerational home since the pandemic has risen to a nine-year high of 15%, according to data from the National Association of REALTORS® dating back to 2012. That means home shoppers are looking for larger homes that can accommodate more family members living under one roof.The top reason to buy a multigenerational home is for aging parents to move in and for younger family members to take care of that ag
Many areas of the country are experiencing melting snow and ice, and when it melts too quickly, it can cause costly and damaging flooding to basements and homes. Rapid melting creates more water pooling around the foundation of homes, putting basements at risk.“The best way to keep your basement from flooding is by shoveling the snow at least five feet away from the foundation before it has a chance to melt,” Lifehacker.com suggests in a rece
iPro was founded on the idea of building a better living with champion real estate services. We focus on incorporating and mastering the latest technologies and perform all types of real estate transactions. Our team of professionals set a stronger standard of business and give superior results.Click here for information on becoming a salesperson.
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Financing and appraisals are the culprits causing the most delays in home sales or terminated contracts, according to the latest REALTORS® Confidence Index survey.With little supply on the market, homes are continuing to sell quickly—typically within 21 days—and are garnering an average of nearly four competing offers, according to the report. Home prices have been rising by double-digit percentages over the past year, which could help expla
A federal judge in Texas has ruled that the Centers for Disease Control and Prevention’s eviction moratorium is unconstitutional, a decision that could set legal precedent and have a sweeping effect on housing providers across the country. Under the moratorium, which President Joe Biden has extended through March, housing providers cannot evict tenants who can prove financial hardship due to the COVID-19 pandemic.U.S. District Judge John C
Referred by Rod GriffiniPro was founded on the idea of building a better living with champion real estate services. We focus on incorporating and mastering the latest technologies and perform all types of real estate transactions. Our team of professionals set a stronger standard of business and give superior results.Click here for information on becoming a salesperson.
The 30-year fixed-rate mortgage came off its recent all-time lows to average near 3% this week. The 10-year Treasury yield, which mortgage rates closely follow, hit its highest level in the past year, prompting the increase in rates.“As the economic recovery progresses, mortgage rates are expected to rise further in the upcoming months,” writes Nadia Evangelou, senior economist and director of forecasting at the National Association of REALTO
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