Understanding the real estate market makes you a more empowered buyer or seller. This primer explains five fundamental factors that affect the market and how they impact your buying and selling power. They include: Supply and demand Median home prices New construction Mortgage rates Economy If you’re a buyer, understanding these factors can help you determine your negotiating and...
The real estate industry is highly competitive, with countless agents, brokers, and firms vying for the attention of buyers and sellers. In such a crowded market, it’s essential to understand your competitors and how to stay ahead of them. One of the most critical aspects of competition in the real estate industry is understanding the local market. Knowing who your competitors are, what they offer,...
by ENAMUL MAZID