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1 in 3 DC-area homebuyers made sight-unseen offer last year

WASHINGTON — Last year, 32 percent of people who bought a home in the Washington area say they made an offer without first seeing the property in person, according to real estate firm Redfin.

Nationwide, the average sight-unseen offer was 35 percent.

Young buyers were even more likely to make an offer sight-unseen, with 45 percent of millennials making the blind leap.

Redfin said that likely reflects millennials’ comfort in relying on information they find online about homes for sale, neighborhoods they might not have visited in person and the homebuying process in general.

Buyers are feeling the pressure in a highly competitive housing market to get their offer to sellers first, but sight-unseen offers may be shortsighted.

“The technology available to assist homebuyers in their search is stronger than ever, but nothing can truly replace stepping inside the home in person,” said Steve Centrella, a Redfin agent in Washington, D.C.

In the nation’s hottest market, the urgency to make an offer before making an appointment to see the property is even higher.

In Los Angeles, 57 percent of successful buyers made an offer on a home they did not see in person. In San Diego, it was 46 percent. In San Francisco, where the median price of a home now tops $1 million, 44 percent of buyers made their initial offer sight-unseen.

Baltimore was also one of the 14 cities in the Redfin survey, and 28 percent of successful buyers in Baltimore made their initial offer sight-unseen.

Redfin’s survey, conducted in November and December 2017, included about 1,500 people who purchased a home in the previous 12 months.

Massachusetts court hears arguments in lawsuit alleging Meta designed apps to be addictive to kids

BOSTON (AP) — Massachusetts' highest court heard oral arguments Friday in the state's lawsuit arguing that Meta designed features on Facebook and Instagram to make them addictive to young users. The lawsuit, filed in 2023 by Attorney General Andrea Campbell, alleges that Meta did this to make a profit and that its actions affected hundreds of thousands of teenagers in Massachusetts who use the social media platforms. “We are making claims based only on the tools that Meta has developed because its own research shows they encourage addiction to the platform in a variety of ways,” said State Solicitor David Kravitz, adding that the state's claim has nothing to do the company's algorithms or failure to moderate content. Meta said Friday that it strongly disagrees with the allegations and is “confident the evidence will show our longstanding commitment to supporting young people.” Its attorney, Mark Mosier, argued in court that the lawsuit “would impose liabilities for performing traditional publishing functions” and that its actions are protected by the First Amendment.
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