CBDP Happenings

Is the Health Crisis Driving Buyers Out of Urban Areas?

Posted by Carrie Di Pilato on July 13, 2020 in  uncategorized
The pandemic has caused consumers to re-examine the components that make up the “perfect home.” Many families are no longer comfortable with the locations and layouts of their existing homes. The allure of city life (more congested) seems to be giving way to either suburban or rural life (less congested). The fascination with an open floor plan seems to be fading as people are finding a need for more privacy while working from home. Recently, news.com released a report that revealed ... read more

Home Sales Hit a Record-Setting Rebound

Posted by Carrie Di Pilato on July 29, 2020 in  uncategorized
With a worldwide health crisis that drove a pause in the economy this year, the housing market was greatly impacted. Many have been eagerly awaiting some bright signs of a recovery. Based on the latest Existing Home Sales Report from the National Association of Realtors (NAR), June hit a much-anticipated record-setting rebound to ignite that spark. According to NAR, home sales jumped 20.7% from May to a seasonally-adjusted annual rate of 4.72 million in June:  “Existin... read more

Have or Have Not

Posted by Carrie Di Pilato on July 08, 2020 in  uncategorized
I want to talk to you a little bit today about haves and have nots. And I might give a quick little warning here. If you're feeling a bit sensitive today, this is probably not the right podcast for you. We're at the end of the second quarter. We've just started the third quarter of the year, and I'm having conversations with folks, and it's super interesting to me, right? Some of them are telling me and really telling themselves, right, that business is off. Those goals that they created in November, they are not t... read more

Does Your Home Have What Buyers Are Looking For?

Posted by Carrie Di Pilato on July 20, 2020 in  uncategorized
There’s great opportunity for today’s homeowners to sell their houses and make a move, yet due to the impact of the ongoing health crisis, some sellers are taking their time coming back to the market. According to Javier Vivas, Director of Economic Research at realtor.com: “Sellers continue returning to the market at a cautious pace and further improvement could be constrained by lingering coronavirus concerns, economic uncertainty, and civil unrest.” For homeowner... read more

Buyers: Are You Ready for a Bidding War?

Posted by Carrie Di Pilato on July 22, 2020 in  uncategorized
With businesses reopening throughout the country and some experts indicating early signs of a much-anticipated economic recovery, more homebuyers are actively entering the housing market this summer. Today, housing is truly driving the U.S. economy forward. With so many buyers looking for homes to purchase and so few houses for sale right now, there’s a disconnect between supply and demand. This imbalance is pushing home prices upward while driving more bidding wars and multiple-offer scenarios. Dan... read more
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