real estate

30 Weird Real Estate Listings From Zillow – Bored Panda

by
Weird Real Estate - Bored Panda

Zillow is a holy database of “more than 110 million US homes for sale, for rent, and those ones that are not even on the market.” Now, keeping in mind this number, imagine the chances of stumbling across a property listing that transgresses the borders of common sense, practicality, and something as basic as taste. You say high? We say, tremendous.

Thanks to the new fan-favorite Instagram page “Zillow Gone Wild,” we now have this hand-picked collection of seriously weird real estate findings that’ll make you look twice, thrice, and think of something nice to say about it. Because many times, money can get you a mansion, but it won’t buy you taste.

525,000 followers are in for a daily treat of zillionaire-approved Zillow listings and trust me, each one seems better than the previous one. From the real-life Flintstones house and mushroom house unit to a $399,900 house featuring all the planet’s windows, and a roof house that looks how it sounds, 100% pure roof, the listings are ready for some cringe treatment.

See the full story at Bored Panda

Forecasting the Fall Real Estate Market – Forbes

by
Forecasting the Fall Real Estate Market - Pixabay

Today’s hot housing market is one of the peculiar outcrops of the pandemic. Housing supply was already low before Covid-19, but it was further hampered as lockdowns took place and people began looking for new homes, driven by a host of reasons—from the desire to leave populated cities to better home offices or just fear of missing out (FOMO). So what does the Fall real estate market have to offer?

The Federal Reserve’s steps last year to keep the financial markets liquid and to ensure mortgage rates stayed low have continued. But the low mortgage rates pale in comparison to soaring housing prices in the past year.

Home prices nationwide, including distressed sales, grew by 17.2% in June 2021 compared with June 2020—a record high, according to the latest CoreLogic report. And while there have certainly been hot seller’s markets in the past, none quite compare to the current market where more than 50% of homes for sale have fetched over the asking price.

“We’ve been tracking housing prices for over 20 years, and we’ve never seen anything like this,” says Frank Nothaft, chief economist at CoreLogic.

Historically, the Fall real estate market ushers in less competition and better deals as children return to school and the holidays overtake schedules. But the pandemic altered that trend last year, and many cities are going through double-digit percentage increases in housing prices.

To get some insight into what prospective buyers and sellers can expect as we enter the midpoint of summer, Forbes Advisor spoke to housing experts across the country to get their forecast on home prices, rates and buyer appetite in the Fall real estate market.

Full Story From Forbes

Best Home Pricing Strategies – Washington Blade

by
Home Pricing Strategies - Pixabay

Pricing your home correctly from the start is imperative to a successful sale. We all love our homes and probably think it is worth more than it is. But that thinking can be a killer when it comes to pricing your home when you go to sell.

Home Pricing Strategies

There are three main home pricing strategies to think about when approaching finding the right price: Aspirational, Market Value, and Below Market Value.

The first thing to remember when pricing your home is you must think of it like a product. While it is still currently your home, in the minds of the buyers it is a product. And buyers will decide if that price you’ve set is worth what the house offers. If it isn’t, your showings will lag and offers will just not arrive. This will lead to longer days on market, which can be a huge turn off to buyers, especially in the D.C. market. 

So, what is the best of these home pricing strategies for you? It comes down to your specific property. What it offers, where it is located, the size, the condition, etc. It’s also helpful to see what the market norms are, so you are competitive. So before pricing any home, you have to do your research. You want to closely examine what similar homes have sold for in your area in the past year to six months. Seeing that data is a start to any good pricing discussion.

At Gay Realty Watch, we look for news to share with you about the gay real estate market – both lgbt real estate news and news specific to gay and lesbian real estate meccas.

Authored By Sherri Anne Green
See the Full Story at the Washington Blade