Lumber Prices and the State of the Housing Market in 2021

The COVID-19 pandemic slowed many industries to a crawl. Lumbering was one of the industries whose production suffered a steep decline owing to a housing slump projection and the spread of coronavirus among personnel. The projections were off; the slump never happened. Instead, demand for new houses is growing as the economy opens up. Undersupply of lumber and high demand for the material has led to a spike in the cost of lumber. Builders and contractors are moving the additional cost of lumber on to first-time buyers and homeowners by increasing the buying prices for the former and quoting higher…

Understanding COVID-19’s Impact on the Housing Market

In the past 15 months, realtors have gone from slow walks with video camera in hand to show homes to a handful of interested parties unable to leave their own homes, to countless buyers competing in seemingly wild buying wars

Guiding Sellers in a Seller’s Market

A seller’s market occurs when inventory of homes is low. There is more demand for home from buyers than there are home sellers on the market. This puts your sellers in the position of authority in deciding how the sale

Transactly Acquires Moncord Real Estate Professional Services

Saint Charles, MO — Transactly, a rapidly growing Real Estate Transaction Platform, has announced the acquisition of Moncord Real Estate Professional Services based in Bellevue, Washington. With this acquisition, Transactly further expands their national network of tech-enabled Transaction Coordinators —

How to Use the BRRRR Strategy to Your Advantage

If you’re looking for a real estate investing strategy that will help you achieve your goal of financial independence, look no further than the BRRRR strategy. This particular real estate investment strategy is one of the most common methods that

What is a Hubbard Clause in Real Estate?

If you have to sell your current home, before you buy a new one, you may want to think about including a hubbard clause in your purchase agreement. Consider this your guide on just the subject. Below we have included

How to Become a Real Estate Coach

Many successful real estate agents dream about becoming a real estate coach. However, few know how to actually take the steps to make it happen. With that in mind, we’ve created a guide on how to become a real estate