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The Complete Home-Selling Timeline: Here’s How Long It Takes To Sell a House Today—or Speed It Up6/23/2022 Article by Kimberly Dawn Neumann | Realtor.com Featured Expertise by Jason Gelios With home prices hitting record highs across the country, plenty of homeowners may decide the time is ripe to sell. So how long does it take to sell a house now?
In today’s red-hot seller’s market, homes are getting snapped up by buyers faster than ever. Yet even in this best-case scenario, it will take at least a month, more typically three months, for sellers to prepare their home and close the deal. If extensive repairs are needed or your property is not priced or presented properly, it could take longer still. “In our Spring 2022 Home Sellers survey, 2 in 5 recent sellers reported that it took more time than expected,” says Danielle Hale, chief economist for Realtor.com®. Article by Katy Byrom Featured expertise by Jason Gelios In real estate, cash offers have long been the gold standard — helping buyers stand out from the crowd by giving sellers the assurance of a fast, (mostly) guaranteed sale.
With a cash offer, explains Rinal Patel, a real estate investor based in Philadelphia, “there’s no waiting for a loan to be approved before the sale can close, and no possibility of the deal falling through due to a financing issue.” Redfin estimates that a cash offer can nearly quadruple your chance of winning a bidding war. Some cash buyers try to use these odds to lowball sellers and get a home at a discount. Article by Erik J. Martin | The Mortgage Reports Featured Expertise by Jason Gelios The real estate market has been hot for a few years now. Buyer demand has stayed strong and home prices have risen dramatically, despite continued low inventory and rising rates. But there are signs that the market may be starting to cool.
Does that mean the market has peaked, and we’re going to see things normalize in the second half of 2022? We reached out to several experts in the industry to gauge their opinions on the current state of the housing market and where they expect home prices, inventory, mortgage rates, and demand to land across the rest of 2022. The latest Realtor Rant by Jason Gelios about the rising interest rates. Ropa Madziva is joined by Author and Expert Media contributor Jason Gelios to discuss creating valuable content. What it takes to get out of your comfort zone with producing content, the particular quirks of social platforms and why content is the way to generate business online. Ropa Madziva is joined by Author and Expert Media contributor Jason Gelios to discuss creating valuable content. What it takes to get out of your comfort zone with producing content, the particular quirks of social platforms and why content is the way to generate business online. Article by Kimberly Dawn Neumann | Realtor.com Featured expertise by Jason Gelios | Realtor Imagining what your future apartment will look like? Go ahead and dream a little (or big) dream. But when you’re finished fantasizing about your full-service four-bedroom apartment with floor-to-ceiling windows and a balcony within walking distance of the hippest part of town, join us back here for a reality check.
Trust us, we’re not trying to burst your real estate bubble. But the market has changed dramatically since the early days of the COVID-19 pandemic. So rental goals that might once have been plausible—or at least possible, if you got really lucky—might no longer even be imaginable. Article by Erik J. Martin for Bankrate.com Featured expertise by Realtor Jason Gelios 5 min. read As the spring real estate season comes to a close, mortgage interest rates continue to hover above 5 percent, prices remain high and the tight supply of homes for sale persists, making matters challenging for home shoppers. That combination could result in a slowdown in demand, forcing sellers to lower prices.
Curious how the real estate market will shake out this summer? Eager to learn if and how rates, buyer traffic and housing inventory will change before fall? We’ve asked several experts for their summer housing market predictions. Article by Andrew Lisa | GoBankingRates Featured expertise by Jason Gelios The pandemic shook up the housing market more than any other corner of the economy just as the millennial generation was entering peak homebuying age. So is homeownership still the cornerstone of the middle-class dream, and are today’s young people willing to take on decades of debt to achieve it the way their parents did?
That depends on whom you ask. To find out what millennials think about their prospects in today’s real estate market, GOBankingRates turned to real estate professionals who work with millennials on a regular basis, as well as millennial renters and homeowners themselves. A great conversation with Ropa from the Maverrik podcast about social media selling and sharing value through video.
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AuthorJason Gelios is a Husband and Father. After that, a Top Producing REALTOR®, Author of the book Think like a REALTOR®, Creator of The AskJasonGelios Real Estate Show and Expert Media Contributor to media outlets across the country. Archives
June 2022
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