Real Estate News Today

Texas and Florida survey respondents are twice as likely to cite affordability as a factor in choosing where to live than alignment on social issues, which helps explain why so many people live in a place that’s out of sync with their views on abortion. Both states have been magnets for relocating h

An outage is impacting several multiple listing services in various parts of the country, including some markets in California, Colorado, Indiana, Kansas, Michigan, New Jersey, New York, Ohio, Texas and Virginia. As a result, all agents in these areas are unable to edit listings and input new listin

AuthorBob Eberle.  Date: August 14, 2023 7:23 pm Selling an unfinished house can be daunting, but fear not. Check out 9 strategies from a Realtor for selling an unfinished house. The post I Can’t Finish My Reno:  How Do I Sell an Unfinished House?  appeared first on FastExpert.

$1.5 Million RRF Grant for Victims of Maui Wildfires RRF funds will be made available to the public to assist with the Maui disaster victims’ housing payments as relief and recovery efforts continue. Media Contact:  Spencer High 202-383-1051

The typical home purchased in high-opportunity U.S. neighborhoods went for $470,000 last year—$130,000 more than the typical home in low-opportunity areas. The price premium for opportunity is highest in segregated parts of the Midwest and South; in Detroit, homes in high-opportunity areas are nearl

Originally published to Forbes on July 24, 2023. Climate change is not a distant threat, but a present danger that is already wreaking havoc on our lives and homes. From devastating floods to scorching heat waves to raging wildfires, homeowners need to prepare for the consequences of our warming pla

The share of million-dollar-plus homes is on the upswing after dropping to a 12-month low in February. That’s because scarce inventory is driving up prices, pushing many homes on the cusp over the seven-figure mark.  Just over 8% of U.S. homes are worth $1 million or more, near June 2022’s all-time

The total worth of U.S. homes hit a record $47 trillion in June as a scarcity of houses for sale propped up values. Affordable markets including Little Rock and Milwaukee saw the biggest jumps in value, while pricey West Coast metros and pandemic boomtowns faced large drops; L.A. has shed $153 billi

This morning’s report on consumer prices came in exactly in line with expectations: The consumer price index (CPI) rose 0.2% month over month in July for both headline inflation and core inflation. That’s the same increase we saw in June, which I interpret as continued good news on inflation. Based

Majority of Metro Areas Saw Home Price Gains in Q2 2023 Five percent of the 221 tracked metro areas registered double-digit price increases during Q2 2023, down from 7% in Q1. Media Contact:  Troy Green 202-383-1042

The West is the only region seeing a drop in asking rents, which are coming back down to earth after surging a record 19% last year. The median U.S. asking rent in July was $2,038, just $16 below the record high set in August 2022. While rents are just shy of their all-time high, rent growth remains

U.S. home prices are up 3% year over year despite relatively slow demand. That’s due to a shortage of homes for sale, with inventory posting its biggest drop in over a year and a half.  The median U.S. home-sale price rose 3% year over year during the four weeks ending August 6, the biggest increase

AuthorAmanda Dodge.  Date: August 10, 2023 4:37 am Whether you are looking to buy or sell a home, you might have to request a home appraisal at some point during the transaction. Sellers often seek out appraisals before they list so they can set reasonable listing prices and help from their real est

AuthorVivian Tejada.  Date: August 9, 2023 6:59 pm The idea of selling your house and still living in it may seem a little backward—but it is possible! Most buyers understand how difficult it can be for a seller to relocate or find temporary housing. As a result, they sometimes allow the seller to c

AuthorVivian Tejada.  Date: August 9, 2023 6:39 pm One of the most important decisions you’ll make in the process of selling your home is whether or not to work with a real estate agent. Although most homeowners hire a listing agent to help them price, promote, and ultimately sell their property, ot

AuthorVivian Tejada.  Date: August 9, 2023 7:51 am They say cash is king and this sentiment has certainly rang true in the real estate industry over the past couple of years. According to the National Association of Realtors, cash sales made up 23% of home sales in 2021. By the end of 2022, that per

NAR Announces 2024 Leadership Academy Class Twenty REALTORS® will participate in the program, which prepares emerging state and local volunteers for future leadership positions at NAR. Media Contact:  Spencer High 202-383-1051

Triple-I, NAR Release Homebuyers Handbook The handbook explains a homeowners insurance policy with the right type and amount of coverage protects a homeowner’s investment and financial… Media Contact:  Tori Syrek Insurance, Natural Disaster Policy, Flood Insurance, Homeowners Insurance

AuthorMegan Kilmer.  Date: August 7, 2023 7:04 pm Ensure you find the perfect real estate agent with these 10 questions to ask a realtor when selling a home. The post Agent Advice: 10 Questions to Ask a Realtor When Selling a Home appeared first on FastExpert.

12 Tech Startups for iOi Summit’s Pitch Battle NAR’s venture capital arm, Second Century Ventures, will present the competition on August 29-30 at the 2023 iOi Summit in Miami. Media Contact:  Spencer High 202-383-1051 Real Estate Technology