Real Estate News Today

AuthorJoe Bourland.  Date: October 26, 2022 4:56 pm Population growth, demand for homes, and limited supply have fueled the Arizona housing market, but it’s cooling with higher interest rates. The post Arizona Housing Market-Trends Predictions for 2022 appeared first on FastExpert.

AuthorPreston Hicks.  Date: October 26, 2022 4:14 pm The Utah housing market became one of the most competitive in the country The post Utah Housing Market- Trends and Predictions for 2022 appeared first on FastExpert.

NAR 2023 Statistical and Forecast News Release Schedule All NAR 2023 statistical and forecast news releases will be distributed at 10 a.m. Eastern Time. Media Contact:  Troy Green 202-383-1042

NAR Praises FHFA for Use of New Credit Score Models FHFA announced their transition from using Classic FICO to allowing Fannie and Freddie to use newer versions of FICO and Vantage. Media Contact:  Tori Syrek Financing & Credit, Fannie Mae & Freddie Mac (GSEs), Credit Policy

AuthorReal Estate Experts.  Date: October 24, 2022 9:46 pm The housing market has been booming since 2020. With prices skyrocketing to highs not seen since before the Great Recession. Median home prices were up 16.9% in 2021, the largest increase since 1999. Few places in the U.S. experienced a grea

NAR Applauds FHFA for Loan Level Pricing Reductions NAR applauds FHFA for reducing loan-level pricing adjustments for first-time, low and moderate income, and other homebuyers. Media Contact:  Tori Syrek Financing & Credit, Fannie Mae & Freddie Mac (GSEs)

Existing-Home Sales Decreased 1.5% in September Three out of the four major U.S. regions saw sales fall month-over-month, while the West held steady. Year-over-year, sales dropped i Media Contact:  Troy Green 202-383-1042

Rents rose 9% year over year in September—the first single-digit increase in a year and a marked slowdown from 18% growth in March. Inflation and economic uncertainty are prompting Americans to hold off on significant financial decisions like moving. The median U.S. asking rent rose 9% year over yea

NAR Integrates CompStak into RPR® All NAR commercial members will have access to CompStak Exchange, an analyst-reviewed comp data and analytics platform. Media Contact:  Spencer High 202-383-1051 Commercial & Investment Real Estate, Technology

AuthorReal Estate Experts.  Date: October 12, 2022 5:34 pm When deciding on a real estate agent, it’s essential to find one that fits your needs and personality. You will likely work closely with this person for at least a few months, so it’s worth your time to find a realtor that you like working w

62% of people who plan to buy or sell a home in the next year are reluctant to relocate to a place at risk of natural disasters, extreme temperatures and/or rising sea levels. 40% of buyers and sellers say climate risk played a role in their decision to move. Still, disaster-prone areas including Fl

Homebuyers have lost 29% of their purchasing power since rates bottomed out in early 2021. Home prices remain elevated due to low supply, but early demand signals weakened sharply last week. Early indicators of homebuying demand show an accelerated pullback last week as mortgage rates shot up to a 1

It’s not easy to save for a home these days, with pandemic-induced home price gains putting the pressure on buyers to come up with nearly twice the down payment they would have prior to the pandemic. That’s why today, we added important down payment assistance information to home listings on our web

The combination of skyrocketing home prices and intense competition prompted many buyers to up their down payments during the pandemic. But as the housing market cools amid high mortgage rates and economic uncertainty–and buyers can no longer afford as much as they used to–down payments are falling

NAR Announces 2022 Good Neighbor Award Winners The five individuals named as this year’s winners exemplify how REALTORS® make their communities a better place to live, work and raise a family. Media Contact:  Spencer High 202-383-1051

Rising rates, combined with home prices that are still higher than they were a year ago, have cut more than 400 square feet out of homes affordable to a San Diego buyer on a $3,000-per-month budget. A San Diego homebuyer with a $3,000 monthly budget can afford a 931-square-foot home at today’s 6.7%

AuthorAndrew Te.  Date: October 3, 2022 9:27 pm Your home has been listed on the market for a little while now. But, you’re not seeing a whole lot of action and you start to wonder why isn’t your house selling. There are many reasons why a home doesn’t sell, but some are more common than others. The

AuthorAndrew Te.  Date: October 3, 2022 8:52 pm Click here to browse our Real Estate Agent Directory and contact top-rated agents in your area! In most cases, property are done in order to assess the value of a home prior to its sale. The appraisal, which is accomplished when a third-party evaluates

AuthorSteph Matarazzo.  Date: October 3, 2022 6:35 pm Marketing has its roots in every form of communication, be it newspapers, television, or social media. The post Top Ways to Advertise a House For Sale – A Complete Guide 2022 appeared first on FastExpert.

AuthorAndrew Te.  Date: October 3, 2022 6:21 pm Click here to browse our Real Estate Agent Directory and contact top-rated agents in your area! When you are working in real estate you want to be sure you partner with someone you trust. The business of selling your home or purchasing another can come