More Than 1/3 of Americans Cry While Selling Their Home

Today’s News Synopsis:

What is more stressful, getting married, getting fired or selling your home?  Speaking of selling, what can you do to draw in more buyers and get a higher price at the same time?  Unfortenly, we are in a “homebody era,” which means we may see a housing shortage for a long time.

In The News:

Realtor.com “Do You Get Your Earnest Money Back at Closing?” (6-24-2019)

“Do you get your earnest money back at closing? If you’re buying a house and planning to finance the purchase with the help of a mortgage, the question is bound to come up.”

Redfin “McAllen, Texas, Salt Lake City and Grand Rapids Have the Highest Homeownership Rates for Single Mothers” (6-24-2019)

“Just 31.1 percent of single mothers nationwide owned homes in 2017, the most recent year for which data is available. That’s on par with the 2016 rate of 31 percent and down from 35.5 percent in 2010.”

Inman “We’re in a ‘homebody era,’ and that means a housing shortage for years to come” (6-24-2019)

“Homeowners are clinging to low mortgage rates and increasingly aging in place, which means fewer people are selling and moving, and fewer homes are hitting the market.”

Zillow – “More than a Third of Americans Cry While Selling Their Home” (6-24-2019)

“Selling a home is one of the most stressful experiences in modern life, second only to a relationship break-up.”

USA Today “Selling your home?  Here’s how to draw in buyers and get a higher price” (6-24-2019)

“Getting your home ready to sell can seem daunting. Should you paint the whole house? Replace the roof? Renovate the kitchen?”

Forbes “4 Ways To Keep From Getting Overwhelmed When House Hunting” (6-24-2019)

“There’s no getting around the fact that house hunting can be stressful at times, especially in this market where the few properties available tend to move fast.”

Business Insider “How to invest in real estate to build long-term wealth” (6-24-2019)

“Real estate can be a very lucrative investment, but it requires a huge time commitment, patience, and most importantly, cash.”

Chicago Tribune “The beauty and affordability of modular living” (6-24-2019)

“The modular home has quickly become the new, albeit humble, poster child for quick, affordable housing and off-the-grid living.”

 

California Real Estate Investor Events

Aaron Norris will be presenting Innovative Real Estate Marketing with LA South REIA on Monday, July 8.

Aaron Norris will be presenting Innovative Real Estate Marketing with LA South REIA on Wednesday, July 10.

Bruce Norris will be speaking at the ThinkRealty Irvine Conference & Expo on Saturday, July 13.

 

Looking Back:

Apparently, there was no need to fear rate hikes.  The National Association of Realtors reported a slight decrease in existing home sales the previous month by 0.4%.  What color should your front door be painted to up its selling price by over $6,000?

 

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