Study: Discrimination Limits LGBTQ Homeownership

Study: Discrimination Limits LGBTQ Homeownership Source: “How Discrimination Impacts the LGBTQ+ Community on the Journey to Homeownership and Beyond,” LGBTQ+ Real Estate Alliance (April 2021)Photo: Francesco Carta fotografo, Getty Images A 46-page report from Freddie...

Why the Buyer Frenzy? Fear of Missing Out (FOMO)

Why the Buyer Frenzy? Fear of Missing Out (FOMO) Photo By:    John Rensten, Image Bank, Getty ImageSource:       “Record Prices for Red Hot Housing Market: ‘Fear of Missing Out,’” NPR (May 21, 2021) What if today’s tight inventory gets even tighter? What if mortgage...

Buyers’ heartfelt letters to sellers might backfire

Some real estate agents say that personal offer letters can jeopardize a sale.”There’s a belief that a letter tips the scales to the seller when negotiating the price and the inspection,” says Karen Kostiw of Warburg Realty in New York City. “The seller may interpret the letter as the buyers ‘showing their hand,’ and it could weaken their position to negotiate.”