Real Estate News Today

AuthorSteph Matarazzo.  Date: July 12, 2022 3:30 pm If you’ve made the decision to move, the first thing you likely need to do is sell your house. Whether your family is growing and you need more space or you’re changing location for work, one big step in this next phase of your life is selling your

Rent growth is easing as landlords respond to a tightening in tenant budgets brought on by inflation. Rent increases tapered off in June, with the national median asking rent rising 14% from a year earlier—the smallest annual increase since October. Asking rents were up 0.7% from May, the smallest m

Limited Inventory Prevented Clients from Buying Homes REALTORS® indicated a continued sense of certainty that they will remain in the industry, bolstered by strong housing demand. Media Contact:  Troy Green 202-383-1042

Some homebuyers are backing out of deals as a slowing housing market gives them more room to negotiate. Others are being forced to renege on contracts because higher mortgage rates mean some homes are no longer affordable. Nationwide, roughly 60,000 home-purchase agreements fell through in June, equ

AuthorReal Estate Experts.  Date: July 10, 2022 4:55 am Wyoming real estate agents typically charge a 5.3% commission on the total sale price of a home. This is lower than the national average of 5.5%%. Although real estate commissions are negotiable, most agents will charge a standard rate. If you’

AuthorReal Estate Experts.  Date: July 10, 2022 4:41 am The Wisconsin real estate market is unique, and so are the real estate commission rates. Nevertheless, the average rate for a real estate commission in Wisconsin is 5.9%. This number was arrived at by conducting a poll of FastExpert agents that

AuthorReal Estate Experts.  Date: July 10, 2022 4:33 am Selling a home in West Virginia is a big decision. The first step is finding the right real estate agent to help you through the process. According to a poll of FastExpert agents, the average real estate commission in West Virginia is 5.4%, sli

AuthorReal Estate Experts.  Date: July 10, 2022 4:16 am Listing your home with a professional real estate agent is one of the smartest decisions you can make. Not only will they help you determine the right asking price, but they’ll also handle all the paperwork and marketing for you. But what does

AuthorReal Estate Experts.  Date: July 10, 2022 4:08 am When it comes to real estate, the commission that agents receive for their work is a hot topic. According to recent reports, the average real estate commission in Virginia is 5.1%. However, this varies depending on which part of the state you a

AuthorReal Estate Experts.  Date: July 10, 2022 3:59 am Those listing their homes with a real estate agent in Vermont can expect to pay an average of 6% in commissions, above the national average of 5.5%. This is based on a poll of FastExpert agents, who noted that the typical commission rate in Ver

AuthorReal Estate Experts.  Date: July 10, 2022 3:54 am Did you know that the average real estate commission in Utah is 5.2%? According to a poll of FastExpert agents, this is slightly below the national average of 5.5% for real estate commissions. However, there is a wide range of commission percen

AuthorPaul Brazell Acosta.  Date: July 10, 2022 3:10 am By Paul Brazell Acosta, Spanish Real Estate Expert and Director of Cloud Nine Spain  Buying property in a holiday destination such as the South of Spain is always a good choice as an investment. These destinations allow you to generate rental i

NAR Announces Partnership With Rental Beast NAR members receive free access to Apply Now by Rental Beast, the secure FCRA-compliant online rental application and tenant screening engine. Media Contact:  Spencer High 202-383-1051

San Jose, Oakland and San Francisco are among the fastest-cooling housing markets in the U.S. as mortgage rates remain above 5% and the stock market falters, pricing many would-be buyers out of the market. The 10 markets cooling most are all in the western U.S. Housing markets in northern California

Homebuyers are getting some relief as sellers slash their prices at a record rate and mortgage rates drop following months of increases. After months of tipping heavily in sellers’ favor, the scales of the housing market are finally balancing out. Soaring housing costs caused many house hunters to d

AuthorReal Estate Experts.  Date: July 6, 2022 1:29 am Paying a commission to a real estate agent is customary when selling a home in the U.S. In most cases, the seller will pay a commission to both their own agent and the buyer’s agent. The standard commission is 6% of the home’s sales price, but t

AuthorReal Estate Experts.  Date: July 6, 2022 1:22 am If you’re listing your home for sale in South Dakota, you might be wondering what the average real estate commission is. The answer depends on a number of factors, but the average in SD is 5.7%, above the national average of 5.5%, according to a

AuthorReal Estate Experts.  Date: July 5, 2022 10:40 pm If you are thinking of selling your home in Pennsylvania, it is important to know how much it will cost you to do so. The average real estate commission in Pennsylvania is 5.5%, the same as the national average. This means that if you sell your

Purchases of second homes with high flood, storm and/or heat risk surged roughly 40% over the past two years.  Many pandemic homebuyers purchased vacation homes, which are frequently vulnerable to natural disasters. In 2020 and 2021, purchases of second homes with high flood risk rose 45% from the p

Redfin economists answered questions about what’s likely to happen in the housing market as the economy stumbles.  High mortgage rates will likely keep homebuyer demand below the pandemic peak. Whether mortgage rates go up or down from here depends largely on whether inflation calms down or remains