‘White Boxing’ May Encourage Home Sales
The opposite of home staging, some turn to “white boxing” to show property, where everything is removed to an empty space of bare floors and white walls.
The opposite of home staging, some turn to “white boxing” to show property, where everything is removed to an empty space of bare floors and white walls.
Many homebuyers may find the first 48 hours are crucial to either make or break a deal – and often contingencies like taking it “as is” matters, too.
Gallup: 91% of people who now work some hours remotely hope to continue; while a design survey found home buyers seek out bonus rooms and flex spaces.
Bankrate.com: Last week’s average for a 30-year fixed jumbo mortgage was 4.48% vs 4.95% for a conventional loan. Today, $1M is price of entry in some markets.
Latest NAR report finds other obstacles vary by race and ethnicity but include saving for a down payment and competing with multiple offers.
CoreLogic: Investor activity slowed in 4Q 2021 and more investors appear to be holding on to properties longer. Analysts say summer is the time to watch.
Agents should have a consistent online presence on social media, take advantage of positive client testimonials and keep marketing design elements uniform.
The U.S. has recouped 20.4M or 93% of jobs lost in the pandemic, but the Northeast and Midwest are lagging. Fla. recovered all its jobs lost by Oct. 2021.
Realtor.com: 64% of possible sellers intend to list their home by Oct.; a majority of these sellers (49%) are ready to swap starter homes for larger ones.
About half of U.S. adults age 55 and older have only Social Security for income, and the rising cost of rent is forcing more of them into the street.