Mario's Blog

Foreclosures Hit Their Highest Level in 6 Years. Here’s What That Means for Buyers

The Median Foreclosed Home Sells for 27% Less. Should You Consider One in Las Vegas?
Posted by Mario Denard Joyner on July 24, 2026 in  uncategorized
In the first half of 2026, buyers saved about 27% on foreclosed homes listed for sale.  And as of April, foreclosure listings made up 1.3% of total for-sale listings, the highest level in six years.  New data from Realtor.com also shows foreclosed property listings, also called REO listings, are getting 26.5% more page views compared to typical home listings.  Yet they still sit 11 days longer, partly because foreclosure has a scary reputation for a lot of homebuyers. But that’s not the only... read more

53% of Americans Now Prefer Buying Over Renting. Here's What That Means for You

Fewer Buyers Are Waiting for Lower Prices & Rates. Here's What That Means for You.
Posted by Mario Denard Joyner on July 10, 2026 in  uncategorized
For the first time since 2023, more Americans say buying beats renting.  That’s the headline stat from Bank of America’s 2026 Homebuyer Insights report. Based on responses to their national online survey, 53% of respondents say it’s better to buy a home in the current market than to rent or move in with family (47%).  Aside from that, other stats from the survey reveal some interesting trends, including improved levels of optimism around buying a home, despite ongoing affordability cha... read more

Nearly Half of Home Sellers Are Giving Concessions Right Now. Here's What to Ask For.

Sellers Are Offering More Than Ever in 2026. Here's What it Means for Buyers.
Posted by Mario Denard Joyner on June 28, 2026 in  uncategorized
According to new Redfin research, home buyers have more negotiating power than they’ve had in years.  Last month, sellers gave concessions to buyers in 46.2% of all U.S. home sales. That’s the highest share for May that Redfin has ever recorded. Nearly half of all sellers are sweetening the deal for buyers to get their homes sold.  But just knowing concessions are happening more frequently doesn’t help you much if you don’t know why they’re happening or what kinds of conces... read more

5 Questions Every Seller Should Ask Before Hiring an Agen

Hiring a Real Estate Agent to Sell Your Home? Start With These 5 Questions
Posted by Mario Denard Joyner on April 05, 2026 in  uncategorized
  What questions should you ask an agent to find out whether they’re the right agent for you? If you’re looking to sell your home this year, the question of whether to work with a real estate agent has probably crossed your mind. And if you’ve looked up agents in your area, the thought of narrowing down your options can be overwhelming.  That’s probably why, according to the latest Profile of Home Buyers & Sellers from the National Association of REALTORS® (NAR), 88% of ... read more

Why Homeowners End Up With 30–50x More Wealth Than Renters

The Wealth Gap Between Homeowners and Renters Is Bigger Than You Think
Posted by Mario Denard Joyner on March 21, 2026 in  uncategorized
Across decades of financial data, one pattern consistently shows up: Homeowners typically old 30 to 50 times more wealth than renters.  That’s not because homeowners necessarily earn more money or make smarter financial decisions. Much of it comes down to one simple difference—how housing payments work over time. According to Realtor.com’s Generational Wealth Report, this gap reflects the powerful role homeownership plays in building long-term financial security. While renters pay for hous... read more

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