Is the Inventory Dam About to Burst?
Prices for wood, steel, copper and other building materials are soaring. The annualized rate of inflation jumped to from 0.8 percent in March to 4.2 percent in April. Couple these facts with the end of COVID-19 mortgage forbearance, the end of the eviction ban,...
iBuyers Have Arrived in the Northeast. But Will They Thrive?
RedfinNow, Redfin’s iBuying service, recently arrived just across New Hampshire’s southern border. But the move’s biggest impact, for now, could be to boost the discount brokerage’s market share among open-market home sales. Redfin is starting small with...
Another Brokerage Launches iBuyer-Like Service Amid Tight Market
William Raveis Real Estate has become the latest brokerage to launch an iBuyer-like service in Connecticut amid the tightest single-family housing market in living memory. Raveis Purchase, as the service is called, will acquire the home-seller’s property for an...This Week’s Paper: Digital Edition
