Ginsburg stated that treating builder business as a core pillar rather than a side channel reflects a broader industry shift. He believes a healthy balance of builders should be around 15% to 20% of the overall retail book of business.
We believe an open market serves consumers the best. Sellers should have the opportunity to reach the broadest pool of potential buyers if they choose to do so, because broad exposure generally benefits the homeowner. However, sellers should also be able to retain the right to decide how their property is marketed.
One of the biggest takeaways is that from a national perspective, the largest investors account for a really small proportion of single-family home purchases and that share has decreased in recent years. So the ban is going to have less of a bite now than it would have had it been enacted a few years ago. It is attacking a trend that is already decreasing as opposed to one that is becoming increasingly part of the market.
Our top KW-affiliated agents tell me continually that real estate has always been a relationship business. What's changed is where those relationships are formed, nurtured and reinforced. Today, social media is one of the most powerful relationship platforms for building and sustaining relationships in real estate. But despite constant platform changes, algorithm updates and new tools, the agents and businesses seeing real growth aren't chasing shortcuts. They're building trust through each connection, which leads to scale.
One of these options is buying a home at auction. Buying at auction can move faster than a traditional sale, but it also offers fewer protections for buyers. If you've never heard of buying a house at auction, this Redfin article will outline the process for you. We'll answer your questions about how real estate auctions work and what to bring on auction day.
In December, Seattle dazzled with an active listing count of 1,566, showcasing an impressive 27.8% surge compared to the same month last year. This was more than double the national growth rate of 12.1%. The number of newly listed homes in Seattle edged up by 0.7% year-over-year, bucking the national decline of 1.8%. This significant rise in inventory unveiled a more balanced market, providing buyers with an enticing array of home selections.
