Real Estate News Today

AuthorVivian Tejada.  Date: January 24, 2023 6:00 pm Adding a room to an existing home doesn’t have to break the bank! If you found an almost perfect home but could use a bit more living space, a home improvement project may be the solution. The post Room Addition Cost: How to Add a Room to a House

AuthorAmanda Dodge.  Date: January 23, 2023 9:59 pm Click here to browse our Real Estate Agent Directory and contact top-rated agents in your area Looking at homes and imagining your future lifestyle is fun, but actually buying a house can be stressful. One survey found that nearly half of all homeo

Economic uncertainty and 6%-plus mortgage rates caused fewer Americans to purchase homes in the fourth quarter. But those who did buy relocated at an unprecedented rate due to remote work and the allure of more affordable options. A record one-quarter (24.6%) of Redfin.com users looked to move to a

AuthorAmanda Dodge.  Date: January 20, 2023 4:43 pm The minute a seller accepts an offer on their house, the clock starts ticking. From that moment until the final walkthrough, they have to remove everything from the property and clean the house so it is ready for you as the next occupant. The post

NAR Statement on FHFA LLPA Structure Changes NAR will continue to advocate for loan level pricing adjustments (LLPA) reform as the housing market continues to struggle with affordability. Media Contact:  Tori Syrek Financing & Credit, Fannie Mae & Freddie Mac (GSEs)

An increase in home searches and tours at the end of 2022 is starting to translate into purchases as mortgage rates fall. Mortgage applications are up 25% and the slowdown in pending sales is easing.   The median U.S. home-sale price increased 0.9% from a year earlier to $350,250 during the four wee

Existing-Home Sales Receded 1.5% in December Existing-home sales retreated for the eleventh consecutive much in December 2022, with three of the four U.S. regions recording month-over-month drops Media Contact:  Troy Green 202-383-1042

AuthorKelsey Heath.  Date: January 19, 2023 3:45 pm Trees are an excellent source of shade and mature landscaping. They add depth to design and, in many cases, can add value to a property. But who is responsible for fallen tree removal? The post Buying Property with Trees: Who is responsible for fal

AuthorScott Leventon.  Date: January 19, 2023 1:44 am Half baths have become more popular in recent years, especially as people start to downsize their current living situation and opt for smaller homes that fit better with their budget. Half baths offer plenty of benefits to homeowners and potentia

AuthorAmanda Dodge.  Date: January 17, 2023 8:54 pm Buyers want to make sure they are getting a good deal, regardless of how competitive the market is. As property owners, you need to be prepared for buyers to add home inspection contingencies to their offers and to request appraisals – especially i

AuthorReal Estate Experts.  Date: January 13, 2023 6:10 pm The Louisiana average real estate commission is 5.2% according to a FastExpert poll. Whereas the National average is 5.57%. The post What is the Average Real Estate Commission in Louisiana? (2023) appeared first on FastExpert.

AuthorAmanda Dodge.  Date: January 13, 2023 5:52 pm Real estate is governed by a set of ethics and laws that benefits all parties. The earnest money you put down when you make an offer protects the seller from flakey buyers while protecting you from home sellers who might give the house to another b

AuthorReal Estate Experts.  Date: January 13, 2023 3:03 pm FastExpert polled agents to find the average real estate commission in Indiana is 6.08%, slightly above the US average of 5.57%. The post What is the Real Estate Commission in Indiana? (2023) appeared first on FastExpert.

The typical home is taking longer to sell than any period since April 2020 and pending sales are at a record low, but online home searches and tour requests are ticking up. Those early signs of demand could translate into sales–especially as mortgage rates fall from their peak and inflation cools. 

AuthorVivian Tejada.  Date: January 12, 2023 3:52 pm You may be surprised to know that in today’s housing market, some sellers intentionally limit their home’s visibility to prospective buyers. That’s right! There’s a group of sellers out there who are choosing to reduce the competition for their ho

Rents rose 5% from a year earlier, the smallest increase in nearly a year and a half. That’s roughly one-third the pace of growth seen last December.   The median U.S. asking rent rose 4.8% year over year to $1,979 in December—the smallest increase since July 2021—as persistently high rental costs,

AuthorSteph Matarazzo.  Date: January 11, 2023 6:06 pm Asbestos siding is common in homes built before EPA’s partial ban in 1989. Since asbestos mineral fibers can be harmful to your health, it’s vital to identify them when looking for a home to buy. This way, you can evaluate the risk and removal c

AuthorScott Leventon.  Date: January 11, 2023 3:11 pm Making a good first impression on buyers is crucial if you want to sell your home fast and for top dollar. Creating a solid first impression on potential buyers can help set the tone for the rest of the house and make buyers more interested in se

AuthorReal Estate Experts.  Date: January 11, 2023 12:21 pm In Idaho, the average real estate commission is 5.69%, which is slightly above the national average of 5.57%. The post What is the Real Estate Commission in Idaho? (2023) appeared first on FastExpert.

AuthorReal Estate Experts.  Date: January 11, 2023 10:02 am The average real estate commission in Hawaii is 5.39% and the national average is 5.57%, according to a poll of FastExpert agents. The post What is the Average Real Estate Commission in Hawaii? (2023) appeared first on FastExpert.