![It’s a Home Seller’s Market—and Baby Boomers Are Cashing In It’s a Home Seller’s Market—and Baby Boomers Are Cashing In](https://cdn.statically.io/img/na.rdcpix.com/0cc9e115c0af5e446535564bf15ac182w-c3057668967rd-w290_h164_r4_q80.jpg)
It’s a Home Seller’s Market—and Baby Boomers Are Cashing In
In today’s hot real estate market, the baby boomers are making out like bandits. This generation sold the most homes, helping them to buy new ones.
In today’s hot real estate market, the baby boomers are making out like bandits. This generation sold the most homes, helping them to buy new ones.
Home buyers won’t be surprised to learn the pickings are slimmer than ever, as the nation is in the throes of an unprecedented housing shortage.
Home prices sharply headed up—even as the turmoil over a hotly contested presidential election, the coronavirus pandemic, and high unemployment persisted.
Those buying homes during the coronavirus pandemic tend to be wealthier and looking for larger, more expensive homes in the suburbs.
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No one puts their house up for sale hoping for an average offer. You want an all-out bidding war that will push your home’s price well over what you’ve asked for in your listing.
They say patience is a virtue. Home sellers in this COVID-19 crisis may need to take those words to heart as properties are taking longer to sell.
As the COVID-19 health crisis continues to ravage the world, along with the global economy, this is how it’s affecting the real estate market right now.
Those planning to battle the hordes of hungry home buyers out there or list their homes should know about their competition.
Selling a home in winter is often a slow process. But this winter is slated to be a strong seller’s market. Here’s how to make the most of it.
Most home buyers and sellers don’t know much about the competition, which could put them at a disadvantage in today’s cutthroat real estate market.
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