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TomsTIPS: Dilemma for home sellers.

You’ve heard about it, you’ve probably read about it, you’ve probably watched about it on the nightly news. Home prices are skyrocketing and sellers are receiving unbelievable offers, $20,000, $30,000 and more over the listing price. Why is this happening? Home sales edged down 6.6% in February compared with the previous month because there just […]

$15,000 First-Time Homebuyer Tax Credit

The industry has been eagerly awaiting further details about President Joe Biden’s proposed first-time homebuyer tax credit—which originally featured a max of $15,000 per buyer toward their down payment on a home. The House Financial Services Committee recently released the latest draft of the proposal, called the “Downpayment Toward Equity Act of 2021.” The first note of […]

RE/MAX Results #20 in REALTRENDS 500
Wealth Gap between homeowners and renters.

Status is reachable Lawrence Yun• 1stChief Economist at National Association of REALTORS®2d • 2 days  With home prices surging in 2020 and continuing in 2021, the wealth gap between homeowners and renters are widening further. The data is the median wealth (a typical owner versus renter). The gap would be much wider in cities where home […]

Home Inspections, part 2

The market is crazy, are you concerned about issues after the closing? 38% of the purchase agreements are waiving the home inspection*, but that places all parties are at a higher risk of litigation after the close. Yes, if buyers waive the home-inspection the seller could be held liable for future problems. As always, seek […]

Are all Realtors alike?

Are all Realtors alike? Does it really matter if your Realtor is part-time, brand new or inexperienced? First, let’s talk about Experience. Some mistakenly underestimate the advantages of ​someone with lots of experience.​ With so much turmoil and crazy times in today’s real estate, now, more than ever you need an experienced, knowledgeable and ​full-time […]