For more than a decade, Zillow has been a giant in the real estate ad space, but Facebook, armed with a massive audience of 2 billion users, is poised to jump into the pool.
According to a report by Pymnts.com, Facebook is launching “Dynamic Ads For Real Estate,” a new advertising feature that could pose a challenge to Zillow’s position in the real estate advertising segment. The Facebook product integrates real estate firms’ existing listing data into the Facebook advertising platform. The ads would compete with Zillow’s product, which allows real estate agents to advertise to prospective homebuyers and sellers on its site, according to the article.
Keith Watts, the head of real estate and financial services at Facebook, said it is using
Millennials, 18-35 years old, are dominating the home buying sphere as they are now the largest share of new home buyers. Their entrance into this sphere, however, has not been easy. Median earnings for Millennials are just 20% of their Baby Boomer parents. Student debt is at historical highs. And, with relatively little or no inventory of homes for sale and rising prices, some Millennials may only get to dream about home ownership rather than become home owners.
There are, however, Millennial buyers. The 2017 State of the Nation’s Housing Report by the Joint Center for Housing Studies at Harvard University indicates that 1.4M Millennials became recent home buyers in 2016. This is a slight surge from the numbers of Millennial buyers in 2015 but
Housing demand continues to increase as buyers of all ages tread the waters of home shopping, but real estate agents aren’t as busy writing offers and the key driver for this trend, according to a CNBC report, just might be prices.
Buyers continue to request tours and visit open houses at the same rate as they did in May, but fewer are making an offer. According to Redfin, real estate brokerage which surveyed 15 major metropolitan housing markets, 11 percent fewer potential buyers made offers in June, compared to May. According to Nela Richardson, chief economist at Redfin the same trend is occurring throughout much of the nation.
“In this market, home buyers have to move fast, yet high prices and low inventory are slowing down even the most earnest
Born and raised in California, I am currently enjoying the different communities and beauty of the great North West. I am a Real Estate Business Major. I have a strong skill for listening to the needs and desires of you, the clients, thanks to my Hair Styling career of 20 yrs. My mission in Real Estate is to commit myself to you, the people of the community, with the utmost integrity, and respect, to bring you my skills and knowledge of the Real Estate Business. Together we can achieve success for you, the client. You are who and what matters to me while listing, searching, helping and answering questions. Real Estate moves me, the possibilities each property has is extraordinary and I have
A new survey found 71 percent of Washington adults think a housing bubble is coming. New York, Florida and California residents were the next most likely to fear a housing bubble.
The biggest concern we here from buyers, sellers and even many agents in this market right now is, “bubble.”
Home owners and long term residence still vividly remember the 2007 crash that lasted well into 2011. For buyers many see bidding wars on almost every property, and home owners nervously watch the prices ticking up and wonder; "How much longer can this go on?”
Now a new national survey finds that 71 percent of adults across Washington are worried about a housing bubble and think prices are overvalued and unsustainable. That’s the
When your seller receives multiple bids on their property, the highest offer shouldn’t always be their default choice. If it comes with an appraisal contingency—and the appraised value doesn’t match the sale price—your seller could be back at square one, looking for another buyer.
With King County home prices surging nearly $100,000 just this year to a record $599,000 in June—home prices in many markets are escalating so quickly that appraisals can’t keep up. That’s why real estate professionals may need to have more conversations with their sellers about appraisals.
“Any time prices move up fast, the actual appraisal process can lag behind because [appraisers] are looking back in history, not forward into the future” to determine appraised
KIRKLAND, Washington (Aug. 7, 2017) – New figures from Northwest Multiple Listing Service indicate home sales and prices, like July’s temperatures, sizzled. Prices area-wide rose slightly more than 9 percent from a year ago, but several counties near job centers saw larger price increases, including King County where the median price jumped 18.6 percent.
The latest report confirmed what most buyers and brokers know: inventory shortages persist even though MLS members added slightly more new listings last month than the same period a year ago.
“We should be entering the summer doldrums, but I don’t see that happening,” reported Diedre Haines, principal managing broker-South Snohomish County at Coldwell Banker Bain in Lynnwood. “Inventory remains
23 Violent crimes per 100k
749 Property crimes per 100k
The first city from the west coast on the list is Sammamish, Washington. This city on a plateau has a population of 52,365. It was named after Lake Sammamish; however, Beaver and Pine lake are the biggest lakes in the area. In fact, Beaver lake had a famous lifeguard teacher in the 1950s, Clint Eastwood. The city contains no major interstates within its limits but is a short commute to many big employers such as Costco and Microsoft.
Sammamish has secured the No. 5 spot in a new report over the safest cities in the U.S.
The Top 100 Safest Cities in America announced for 2017 report looked at crime rates in 764 cities.
Buying a home is such an extremely enjoyable and valuable experience, but because of so much competition, lack of knowledge and misguiding agents it can also become quite strenuous and stressful. After having bought & sold a few homes myself as a home-buyer, I have a pretty good idea about how to deal with different situations in the process. I can guide you on crucial factors to watch out for and also have the courage to recommend NOT going ahead with something if it comes to that. As I believe in giving honest and the most genuine advice - that’s what a good agent should do. Also, responsiveness is key to Real Estate, especially in a fast-paced market like WA - so you can count on me for being there for
Between their efficient organization and streamlined design, tiny houses have totally taken over on TV and social media in the past few years. The idea of scaling back on belongings (as well as mortgage payments) is certainly appealing. But how many people could—or would—be able to actually live in 400 square feet? Not many, according to a recent report by Trulia.
Forty-four percent of more than 2,000 adults recently surveyed by the real estate website Trulia said they had housing regrets—and the biggest regret among homeowners centered on the size of their home. One in three homeowners surveyed said they wished they had chosen a home that was larger.