Real Estate News Today

AuthorBill Gassett.  Date: November 29, 2023 5:54 pm The septic system’s size, type of tank, and location all effect the septic system cost. Maintenance and repairs are also essential. The post How Much Does a Septic System Cost? appeared first on FastExpert.

Nationwide, there are fewer homebuyers looking to relocate than a year ago due to elevated mortgage rates and high housing costs. But many of the people who are moving are leaving expensive coastal cities for more affordable parts of the Sun Belt. San Francisco is the top place homebuyers are lookin

AuthorAmanda Dodge.  Date: November 29, 2023 7:40 am The only thing more stressful than buying a house is buying and selling at the same time. If you currently own your home and need to move, you will have to juggle managing the home sale with making offers. You also need to figure out how to move a

AuthorKelsey Heath.  Date: November 29, 2023 7:23 am Owning a home can provide financial stability, independence, and the ability to build equity over time. However, the path to homeownership when you are disabled can be complicated, with additional hurdles that can be discouraging. Fortunately, spe

AuthorKelsey Heath.  Date: November 29, 2023 7:15 am A rent-to-own agreement is a contract on a house where a tenant pays rent with the option or obligation to purchase at the end of the lease term. In a time when interest rates are high, rent-to-own agreements are becoming increasingly attractive b

Redfin’s new gauge of housing prices, which is similar to but more current than the Case-Shiller index, shows that home prices rose roughly 1% month over month in October. Today, Redfin is releasing a new tool that measures changes in U.S. home prices. The Redfin Home Price Index (RHPI) uses the rep

AuthorMargo Christophilis.  Date: November 27, 2023 6:39 pm Questions and fears swirl around the Seattle real estate bubble, but are they true? Read the truth from top Seattle Realtor… The post The Seattle Real Estate Bubble: Debunking 5 Myths of the Market appeared first on FastExpert.

AuthorAmanda Dodge.  Date: November 22, 2023 7:20 pm There are several factors to consider when evaluating a house. You will look at the roof, electrical wiring, plumbing, septic system, and other essential elements of the home. If these systems aren’t in good shape, you could end up paying more for

AuthorAmanda Dodge.  Date: November 22, 2023 7:17 pm Death is a natural part of life. However, not every buyer is okay with moving into a house that someone recently died in. Non-natural deaths (suicide or homicide) can stigmatize a house and make it less desirable on the market. Many potential buye

New listings posted their biggest year-over-year increase since 2021 during the four weeks ending November 19. The median monthly mortgage payment has fallen more than $100 over the last month as rates dropped from 8% to 7.3%. Buyers are acting on the good news: Mortgage-purchase applications increa

Existing-Home Sales Receded 4.1% in October Prospective homebuyers experienced another difficult month due to lack of housing inventory and the highest mortgage rates in a generation. Media Contact:  Troy Green 202-383-1042

AuthorMegan Kilmer.  Date: November 20, 2023 10:35 pm Buying a home during the holidays can be stressful, but behind every home is a family, navigating the holiday season just like you. The post Buying a Home During the Holidays: Tips from a Realtor appeared first on FastExpert.

New listings were near their six-month high in October, helping drive an increase in pending sales, though buyers backed out of deals at the highest rate on record. The recent drop in mortgage rates could give sales another boost in November. U.S. pending home sales rose 1% month over month in Octob

NAR Panel Discusses Multigenerational Housing Model Multigenerational housing can be a model to help address housing supply shortages and growing homeownership gaps. Media Contact:  Tori Syrek Multifamily Housing Development & Insurance

NAR REALTOR Benefits® Partners Honored NAR celebrated the achievements of its NAR REALTOR Benefits® partners with an awards ceremony at the 2023 NAR NXT, The Realtor® Experience. Media Contact:  Spencer High 202-383-1051

It’s a chicken-or-egg situation for homebuyers and sellers. Demand is rising partly due to an uptick in new listings, and listings are increasing partly because sellers are noticing more buyers enter the market. Mortgage-purchase applications are on the rise. Mortgage-purchase applications rose 3% f

NAR Chief Economist Calls on Fed to Cut Interest Rates There’s tremendous difficulty in the commercial real estate market, with higher interest rates hindering borrowing and making refinancing costly. Media Contact:  Lauren Cozzi 202-383-1178 Commercial & Investment Real Estate, Commercial Real Esta

The Transformative Role of AI in Real Estate Two sessions at NAR NXT: The REALTOR® Experience focused on how automation and AI is reshaping real estate marketing and operations. Media Contact:  Spencer High 202-383-1051 Real Estate Technology, Artificial Intelligence (AI) in Real Estate

AuthorBen Curry.  Date: November 15, 2023 9:10 pm Avoid financial stress by estimating your cash to close. Be prepared for the costs of home buying beyond the purchase price. The post Estimated Cash to Close: The Hidden Costs of Home Buying appeared first on FastExpert.

National Association of REALTORS® Installs 2024 Leaders Meet the 2024 NAR Leadership Team. Media Contact:  Troy Green 202-383-1042