Real Estate News Today

Homebuying demand persisted as mortgage rates declined for the second week in a row after the Fed announced it will only modestly hike interest rates. But limited supply is another barrier for buyers, who are competing for the few homes on the market.  This week’s news that the Fed is modestly hikin

SCV Announces Early Acceptances to REACH U.S. Program Second Century Ventures announced today the early acceptance of Real Grader and APM Help as part of the 2023 REACH U.S. programs. Media Contact:  Spencer High 202-383-1051 Commercial & Investment Real Estate, Property Management, Technology

AuthorMark Katigbak.  Date: March 23, 2023 4:16 am Buying a fixer-upper can be a great way to save money in the long run if you plan it right. You could make a wise investment by purchasing a home with built-in equity in a great neighborhood. But is buying a fixer-upper worth it? There are several t

AuthorMargo Christophilis.  Date: March 22, 2023 7:17 pm Spring is a busy month in the housing market. Check out these tips for selling your home in Seattle for a successful and smooth sale! The post 10 Tips For Selling Your Home in Seattle appeared first on FastExpert.

AuthorKevin Bautista.  Date: March 22, 2023 3:40 pm Click here to browse our Real Estate Agent Directory and contact top-rated agents in your area! Finding the perfect house can be a tall order in today’s economy. With all the competition in the housing market, buying a fixer-upper can be a great wa

The typical U.S. homebuyer made a $42,000 down payment in January, the lowest level in nearly two years, amid rising mortgage rates and low competition The median down payment was equal to 10% of the purchase price, down from 14% a year earlier.  Nearly one-third home purchases were paid for in cash

Every March, Redfin publishes a diversity report summarizing changes in our workforce over the previous year. In 2022, the percentage of overall employees who are people of color decreased from 38% to 36%, while the percentage of managers who are people of color increased from 28% to 30%. Over time,

Existing-Home Sales Surged 14.5% in February February 2023 saw the largest monthly existing-home sales rise since July 2020. All regions had month-over-month gains and year-over-year declines. Media Contact:  Troy Green 202-383-1042

AuthorKelsey Heath.  Date: March 21, 2023 12:42 am Gone are the days when getting a loan to buy a property meant strolling into your local bank, sitting down with a banker, and getting set up with a mortgage. Today, there are far more options for home buyers and investors, and often it comes down to

AuthorKevin Bautista.  Date: March 17, 2023 6:53 pm In the real estate world, there are usually two parties that need to be connected. Buyers looking for their dream homes, and sellers looking for buyers who love their homes. The post What are Seller Credits and How Can You Use Them to Close a Deal?

AuthorJenniffer Taylor.  Date: March 17, 2023 5:17 pm Must read home selling tips for San Diego from a local real estate expert. Sell your home quickly and for top dollar! The post Spring Home Selling Tips for San Diego appeared first on FastExpert.

Report Finds REALTORS® Recommend Remodeling Outdoors Landscape professionals and REALTORS® found greater outdoor remodeling demand during COVID-19 pandemic, according to a new NAR-NALP report. Media Contact:  Lauren Cozzi 202-383-1178 Remodeling

Prices declined as sellers responded to a drop in homebuyer demand spurred by elevated mortgage rates. San Jose and Austin saw prices fall at roughly 12 times the national pace. While many buyers remained on the sidelines, home sales and competition leveled off following roughly a year of declines.

NAR Hosts Policy Forum on the Current Housing Market NAR hosted a policy forum on March 16, 2023 entitled The Current Housing Market: Implications for Home Buyers and the Economy in Washington, D.C. Media Contact:  Tori Syrek Mortgage Financing, Fannie Mae & Freddie Mac (GSEs), Credit Policy, Apprai

Whether more buyers return to the market depends largely on how the Fed reacts to unrest in the banking industry alongside persistent inflation. If the Fed presses pause on interest-rate hikes next week or announces just a small increase, mortgage rates will drop.  Some homebuyers are returning to t

Today, Redfin expanded its Redfin Premier luxury real estate service nationwide. That means consumers can now work with an expert Redfin Premier agent to buy or sell luxury homes in every market where Redfin provides agent service.  Redfin Premier service was designed to deliver the best experience

Sellers are offering to cover the cost of repairs, mortgage-rate buydowns and closing costs as rising interest rates dampen homebuyer demand. Pandemic boomtowns and pricey coastal markets, including Phoenix and Seattle, have seen the biggest increases in concessions. A record 13% of home sales inclu

AuthorVivian Tejada.  Date: March 14, 2023 2:05 pm Thinking about selling a house in Texas? If so, it’s important to go into the home selling process with a solid plan and strong understanding of the local market.  The post How to Best Prepare to Sell Your Home in Texas (2023) appeared first on Fast

AuthorAmanda Dodge.  Date: March 14, 2023 1:11 am Buying a house is a complex process and it’s easy to get overwhelmed if you aren’t a numbers-minded person. Your Realtor, lender, and various other parties will use financial and accounting terms throughout the process and expect you to know what the

AuthorMark Katigbak.  Date: March 10, 2023 9:24 pm Whether you are a first-time homebuyer or have moved several times in your life, you may be wondering, how much do mortgage loan officers and mortgage brokers make when financing my transaction? You are not alone. It is a common question for many bu