CENTURY 21: Celebrates Diversity and Inclusion

For 50 years, the CENTURY 21 network has thrived from the presence of different perspectives and continues to provide opportunities and a sense of belonging for every individual and company that affiliates with the brand. It is this long-standing culture of diversity, equity, and inclusion that is the CENTURY 21 competitive advantage.   At CENTURY 21 Real Estate Alliance Group, we are incredibly proud to celebrate inclusivity and diversity within...

Homebuyers Remorse: Cancelled Contracts

2023 began with an uptick in the sale of new homes but the driving force in the housing market continues to be buyers backing out of contracts. January sales were down 26% compared to a year ago. The national cancellation rate is now about 20%, with 1 in 5 contracts ending. In fact, KB Homes, one of the largest builders in the country reported 68% of its orders for new...

2023 Agent Forecast: Survive Then Thrive

2022 was a complete about face in the Real Estate Industry going from a Seller’s Market for the last decade to a Buyer’s market in just a few short months.  With transactions down 15% nationally this past year, what can Agents expect going into 2023? According to Brian Buffini’s Bold Predictions along with Lawrence Yun from National Association of Realtors, serious agents can expect to survive the first half of...

The Lessons We Can Learn from iBuyer

Buying a home is one of the largest single purchases most people will ever make. About 40 percent of Americans say that home-buying is the most stressful event in modern life and selling an existing home is a large component of that anxiety. That’s why large real estate companies began programs like iBuyer to use technology to radically simplify the selling process.   iBUYING STRATEGIES Touted as a more convenient,...

2/1 Buydown Program Can Make Initial Mortgage Payments Affordable

With mortgage rates hitting 7% or more, lenders and sellers are getting creative to keep buyers in the market. One answer is a 2/1 Buydown program allowing borrowers to reduce initial mortgage payments to affordable levels.  HOW DOES A 2/1RATE BUYDOWN WORK? Generally speaking, a buydown program is a type of financing offer to reduce your interest rates for the first two years of a mortgage. As a buyer, your...

Could a Cooled Down Market be Good News for Buyers

You can feel it in the air! Fall 2022 has arrived, bringing lower temperatures and a cooling down of the real estate market. After the blazing housing market during the pandemic, rising interest rates have cooled down the real estate frenzy. But that’s not necessarily bad news for buyers. As the housing market heated up, many would-be homeowners found themselves unable to purchase due to multiple cash offers pushing winning...