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How Agents Can Nab New Inventory As Moratoriums Expire
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15 Tips For First-Time Real Estate Investors, Straight From The Pros
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Greg Schwartz | Photo credit: Tomo
The council is aimed at guiding the platform for which details are still scarce as it prepares to launch in the coming months with a plan to create a better real estate transaction experience.
Tomo, which was founded by Zillow alumni Greg Schwartz and Carey Armstrong is at least in part a fintech software of which the initial focus will be on the mortgage process, but the company continues to be quiet about details ahead of its launch.
In a statement referring to the creation of this new agent council, Schwartz said he was honored to have an “esteemed group of leaders at the drawing board with us.”
Created: January 19, 2021 04:54 PM
Finding a house in the suburbs right now can be challenging. It’s part of the housing market buying frenzy being seen across the country.
The number of homes being sold across the country is going up during the pandemic. Zillow reports it s one of the highest increases in sales since 1983.
Zillow also reports that, in the last year, the average home price in Minnesota has gone up by 6.6%. That brings the typical home value to more than $277,000. They also predict home values will rise another 10% in the next year.
Even so, historically low mortgage rates are making it an extremely competitive market for homebuyers, especially in the suburbs.