Zillow Sells 2,000 Homes Part 1

Where’s the Profit? Recently Zillow announced that it had determined to get out of the iBuying program business model. This resulted in the company taking a significant loss on the homes that it had purchased. It then announced, according to a Wall Street...

Honoring America’s Veterans

Honoring all of our Veterans who have sacrificed so much for Freedom here and around the world. From all of us at Counsellors Title Agency!! Background on Veterans Day Veterans Day is an official United States public holiday, observed annually on November 11, that...

What Escrow Does

Escrow is a legal financial arrangement which involves a third party who temporarily holds large sums of money or property until conditions and contingencies are met, as in the fulfillment of a purchase agreement for property. The escrow account is fundamentally a...

Real Estate Market Snapshot

Market Overview November 2021 People under the age of 44 have been driving the homeownership rate higher; while 45 to 64 year olds have seen homeownership drop. 3Q 2021 realized a strong upward inflection in household formation. The median price of existing home sales...

This Week’s Realtor Report

Friday’s jobs report, highlighted in more detail by Manager of Economic Research George Ratiu, reinforced the Fed’s optimism, and weekly jobless claims also trended in a healthy direction. Despite decent economic news in the 3rd quarter, the homeownership rate was...