Real Estate News Today

This is the first time since last August the average sale-to-list price ratio has surpassed 100%. Low inventory and steady demand are buoying home prices.  The average sale-to-list price ratio hit 100.1% during the four weeks ending July 2, marking the first time in nearly a year the average U.S. ho

AuthorTanisha Owens Barrett.  Date: July 5, 2023 6:01 pm Read Agent Advice and sell your home this summer! Overlooking essential details when selling your home can turn a dream sale into a flop. The post Unlock the Secrets: The 4 Must-Have Insights for Selling Your Home in the Summer appeared first

AuthorMargo Christophilis.  Date: July 5, 2023 3:23 pm A Seattle Realtor’s Perspective: Selling a vacant home provides a smooth showing experience and a clean slate for buyers to see their future. The post Unveiling the Hidden Perks of Selling a Vacant Home – Seattle’s Insider Edition appeared first

In response to employee questions about how the Supreme Court’s affirmative action ruling would affect Redfin’s diversity policies, Redfin CEO Glenn Kelman posted this message to a Slack channel for all employees. The Court’s Ruling Doesn’t Apply to Redfin Many Redfin employees have asked us about T

AuthorAlina Aeby.  Date: July 3, 2023 6:36 pm AI has become an invaluable tool for real estate professionals. Learn how AI in real estate can offer an elevated experience. The post AI Isn’t Your Enemy-How AI In Real Estate Can Be Empowering appeared first on FastExpert.

FHA Changes to Encourage Multifamily Rental Development HUD and the FHA have increased the threshold dollar amount for “Large Multifamily Loans” from $75 million to $120 million. Media Contact:  Tori Syrek Multifamily Properties, Mortgage Financing

Pending Home Sales Shrunk 2.7% in May May 2023 pending sales surged in the Northeast; the other three U.S. regions posted month-over-month losses. All regions saw year-over-year declines. Media Contact:  Lauren Cozzi 202-383-1178

The median U.S. home-sale price is down just 0.9% year over year, the smallest decline in nearly four months. That’s due to a lack of homes for sale, with a mismatch between supply and demand. New listings are down 27% from a year ago and pending sales are down 15%.  Home-price declines are shrinkin

AuthorTony Gilbert.  Date: June 28, 2023 3:14 pm Spend wisely on smart home technology. Costs add up quickly, but so do the benefits. Discover what smart home options are best for you! The post Smart Spending With Smart Home Technology appeared first on FastExpert.

A record one-quarter of Redfin.com house hunters are looking to relocate to a different part of the country as high mortgage rates make affordable areas more attractive.  But even though homebuyers moving to a new metro make up a bigger piece of the homebuying pie than ever before, the number of rel

AuthorMike Jeppson.  Date: June 27, 2023 6:20 pm Timing the housing market is challenging, but this Realtor’s advice will help to guide you to the time that’s right for you. The post Timing the Housing Market is Tricky appeared first on FastExpert.

AuthorReal Estate Experts.  Date: June 27, 2023 4:50 pm We are already halfway into 2023, but if you are interested in selling or buying a house this year, then you are probably already wondering what the housing market is going to be like in the next few months. Will the rest of the year be a buyer

AuthorCindy Chen.  Date: June 27, 2023 3:33 pm Effective marketing strategies for real estate play a pivotal role in capturing the attention of potential buyers. Read Realtor advice here! The post Maximizing Marketing Strategies for Real Estate Sales appeared first on FastExpert.

30% of surveyed homebuyers said seeing a rainbow flag in a neighborhood would make them more likely to bid on a home there. But the nation is divided; 22% said it would make them less likely to submit an offer. Nearly half of buyers said seeing a Confederate flag in a neighborhood would make them le

AuthorScott Bergmann.  Date: June 26, 2023 7:07 pm Honesty isn’t just the best policy—it’s the only policy. Ignoring home repairs when selling your home or hiding issues could cost you a sale. The post Ignoring Home Repairs When Selling Could Be Costly appeared first on FastExpert.

AuthorLinda Jennings.  Date: June 26, 2023 6:25 pm It’s understandable to have big emotions during home selling. Work through them with the advice of seasoned realtor, Linda Jennings. The post Agent Advice-Overcome the Emotion of Home Selling   appeared first on FastExpert.

NAR Launches Formal Search for its Next CEO NAR is looking for candidates with diverse backgrounds and experiences, both inside and outside of the real estate industry. Media Contact:  Wesley Shaw 202-383-1193

AuthorBen Curry.  Date: June 26, 2023 2:55 pm To maximize its appeal and attract potential buyers, it’s crucial to prepare your house for sale before listing it on the market. The post 4 Essential Steps to Prepare Your House for Sale appeared first on FastExpert.

NAR Survey Finds Americans Prefer Walkable Communities Americans living in walkable communities report a higher quality of life. Media Contact:  Tori Syrek Commuting & The Home Buying Decision, Transportation and Infrastructure

AuthorAmanda Dodge.  Date: June 23, 2023 7:20 am A home appraisal is an unbiased evaluation of your home’s value. You might think your house is priceless, but an appraiser can look at the state of your home and objectively tell you what it is worth.  There are several reasons why a homeowner would n