In case you haven’t heard, Open Listings is now live in Austin, TX -- and, we’re not alone. According to the 2018 Emerging Trends in Real Estate Report, Austin is the second-fastest growing city in the nation, just behind Seattle (which we're also in). The city's rise in popularity is anything but surprising. In a place known for everything from a vibrant music scene to unforgettable barbecue and affordable housing rates, everyone wants a piece of the action.
Buying a house is all about mastering the art of give-and-take. Many buyers think that the purchase price is the main negotiation point, but in reality, that’s only one piece of the offer. By learning where your major negotiation points are (and how to use them), you’ll have the advantage of being able to craft an offer that works in your favor while simultaneously seeming beneficial to the seller. Realistically, there are five big negotiation points to consider
In February, the Open Listings team did some research into how home affordability was even becoming a problem for six-figure salaried tech workers across Silicon Valley. We used the lending industry's standard "28% rule" as a barometer for evaluating if tech workers in Silicon Valley and Los Angeles would be approved for a mortgage -- let alone really be able to afford home ownership within a 20 minute commute from their offices on their salaries only. Our findings
Hello, Texas! The Open Listings team is excited to announce that we're bringing our all-in-one homebuying service to even more places this year, starting with Austin, Texas. Now, homebuyers in the Austin area can use the Open Listings site or iOS app to house hunt 24/7, book tours on demand, and save thousands with our commission refund of up to 50%. Whether you want to snag Lance Armstrong's house for a cool $7.5 mil (don't worry, we'll give
Let’s be honest: the real estate industry has its own set of lingo. For a lot of us, especially first-time buyers, it can be difficult to determine what all these terms mean and then how to act accordingly. Luckily, though, we’re here to do the decoding so that you don’t have to. Today, we’re tackling the terms “buyer’s market” and “seller’s market” and helping you understand the differences, how it affects your chances of
If you're looking to make an investment that pays off big time, buying in a neighborhood that's heating up is one way to get more than your money’s worth. In an up-and-coming neighborhood, property values can skyrocket in a relatively short period of time, leaving you to enjoy the added equity. That said, though, there's an art to identifying these neighborhoods before they become the next hotspot and you're caught having to pay a premium. If you looking to
OL for your iPhone & iPad At Open Listings, we're constantly working on ways to make your house hunt as easy as possible. So, we're excited to announce the launch of our new iOS app with full support for iPhone and iPad. Whether you're in your car right after a house tour, at work, or just hanging out on your couch, we hope the app makes it easier for you to find and buy a home wherever you are, whenever
In December of last year, the Open Listings team took a detailed look at where millennials in the United States currently stand with their homebuying plans. And, contrary to many headlines, we found that millennials are actually already buying homes. In fact, 44% of millennials -- largely based outside of major urban areas -- noted that they already own a home. Over the next couple of years, industry leaders expect one subset of millennials to drive the homeownership rate up
Whether you’ve just accepted a job offer or you’re just starting a new adventure, relocating to a new city is exciting. That said, house hunting from afar can be a nerve-wrecking process. After all, buying a home is a big investment, and the stakes become exponentially higher when you’re unable to see what you’re buying with your own eyes. However, with a little planning, it’s absolutely possible to find a home remotely. Here are four
Many buyers, especially first-timers, worry about how to budget to buy a house -- and it’s not hard to see why. Becoming a homeowner is a huge financial commitment, and it only makes sense that you’d want to feel fully prepared before taking the plunge. Luckily, with a little planning and foresight, you can easily make that happen. Read on below to learn more about how to appropriately budget to make your homebuying dreams become a reality and
Buying a home in San Francisco is no easy feat, even if it's your fourteenth time. So, when Patrick and his husband Akshay embarked on their latest house hunt -- and first one as a couple -- they knew it would take a lot of resolve to get an offer accepted in the Bay Area. "It's unlike any other real estate market" With such limited inventory, finding a home in San Francisco can prove to be a challenge.
Once you're serious about buying, deciding how much to offer on a house becomes one of the most pressing concerns. It’s hard to find the balance between trying to get a fair deal, writing an offer below asking, and actually getting the house. Luckily though, we’re here to help you sort this issue out. We’ll explain when a low-ball offer is appropriate, how to determine the right sale price, plus a few alternative ways to save. With
A lot of buyers, especially first-timers, worry about whether or not they’re going about their home search the right way. On the one hand, buyers fret that if they find their "dream home" too early, they might be missing out on something better. But, on the other, if the process takes a while, they worry that they’ll never find a home that works for them. The FOMO is real. Keep reading to find out if you’
You submitted an offer and it was accepted. Everything seems to be going your way, except for one major detail: you’re not sure if this house is actually the right one for you. Sound familiar? It happens. Buying a home is a big deal. Lots of buyers get cold feet when they go to buy a home, and some do end up walking away to explore other options. If you’re unsure of the next steps to take, this
Buying and selling at the same time takes a little more foresight and planning than a one-way sale, but it's totally doable. If you're looking to sell your existing home and buy a new one, here are a few ways to make this arrangement work: Buying first, then selling Sometimes you fall in love and find your next home early on in your house hunt. But when you still have a home to sell, buying can be a little trickier.