Svenja Gudell - Zillow

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Last quote by Svenja Gudell

It's no exaggeration to say that current buying conditions in many markets are terrible, with sellers in complete control and buyers forced to contend with cutthroat competition and intense pressure to make a deal.feedback
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Jun 21 2017
Svenja Gudell has been quoted 25 times. The one recent article where Svenja Gudell has been quoted is With Fewer Homes for Sale, Bidding Wars Erupt in Washington. Most recently, Svenja Gudell was quoted as having said, “They're actually much more aligned to their grandparents than to their parents when it comes to housing. They believe owning a home is part of the good life.”.
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Svenja Gudell quotes

Mar 02 2017

In colder climates like Boston, Chicago and Seattle, buyer interest tends to spike a bit later in the summer; in warmer areas like Miami, Tampa and Phoenix, the best time to list comes earlier in the spring. Typically, sellers in climates without distinct seasons will find themselves with more flexibility in list time frame, as these markets show little variation in sale price based on listing month.feedback

Feb 22 2017

It's likely that a combination of tight inventory and low mortgage interest rates is pushing some buyers into the market early this year, both to capitalize on low mortgage interest rates while they can and to get a jump on the competition to come in the busy spring home shopping season.feedback

Jan 27 2017

Going forward, it's unlikely that housing will be much of a drag on growth, but Q4 data showed a slowdown in wage and salary growth that could certainly impact housing affordability, particularly as interest rates keep rising.feedback

Jan 04 2017

My advice to buyers would be to not freak out and feel a sense of urgency. If you aren't able to buy a house at 4.5 percent, you probably weren't able to buy a house at 4 percent.feedback

Nov 29 2016

The housing market has been favoring sellers for the past few years. Sellers in the current housing landscape often have the luxury of listing their home 'as-is' without fixing it up or with only minimal window-dressing since demand for homes has been high and inventory low. It's common for sellers to receive multiple bids, and in the hottest markets, sell for over asking price, but these conditions will change in the future.feedback

Nov 29 2016

Inadequate supply of homes available to buy – especially at the entry-level end of the market – remains a huge problem.feedback

Nov 22 2016

Clearly, the market continues to underestimate just how much demand for homes is out there, even in the face of tight inventory and rising existing home prices that are now the highest on record.feedback

Oct 25 2016

Still, the market can't stay on this course forever, and continued inventory shortages are leading to intense competition, escalating prices and mounting buyer frustration, with the average home search over the past year taking more than four months.feedback

Aug 18 2016

At its worst, negative equity touched all kinds of homeowners in all kinds of markets. The type of community a given home was in – urban or suburban – mattered little. Fast-forward a few years, and the relative vibrancy of a given community and how it has performed over the past few years, and not necessarily its location in the city or suburbs, matters a great deal.feedback

Jul 28 2016

Broadly speaking, the falling homeownership rate is a sign that renting isn't only for those just starting out or making a transition, but is becoming an increasingly viable longer-term option for many households. It also means incomes are not yet rising quickly enough to broadly support new homeownership, and that inventory remains too tight to allow for meaningful access to affordable housing.feedback

Jul 14 2016 - Pokemon

I think right now it has more than a novel feeling to it. I don't think people are expecting it to move the needle on any point.feedback

May 24 2016

The struggle will continue for home shoppers this summer. New construction has been sluggish over the past year; we're building about half as many homes as we should be in a normal market. There still aren't enough homes on the market to keep up with the high demand from every type of homebuyer.feedback

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