Real Estate News Today

NAR to SCOTUS: Protect Consumers From Onerous Lawsuits NAR wants to protect consumers from a circuit court ruling that would allow lawsuits against homeowners who make or display floor plans of their home. Media Contact:  Wesley Shaw 202-383-1193 Legal

1 in 3 U.S. renters can’t afford to buy a home where they want to live and 30% are unable to save for a down payment, according to a recent Redfin survey.  Debt is the most common financial obstacle to homebuying, with 45% of renters saying it has kept them

AuthorSteph Matarazzo.  Date: April 7, 2022 1:26 am Click here to browse our Real Estate Agent Directory and contact top-rated agents in your area! You might be wondering why you should save for a downpayment, or even if it’s possible for you.  Will I have enough saved to pay for

AuthorDesiree Arredondo.  Date: April 5, 2022 9:11 pm When you are buying a house, there are a lot of costs to consider. One of the most important is closing costs. Closing costs are the fees that you have to pay in order to complete the purchase of a home. They

Remodeling: New Hardwood Floors, Home Offices Bring Joy A new report analyzes a why people remodel, costs of specific remodeling tasks, and the fulfillment felt after a successful project completion. Media Contact:  Quintin Simmons 202-383-1178 Remodeling

17 Companies in 2022 REACH Technology Scale-up Program Companies selected for the 2022 program represent a diverse range of solutions across the real estate ecosystem. Media Contact:  Spencer High 202-383-1051 Commercial & Investment Real Estate, Residential, Technology

AuthorAndrew Te.  Date: April 4, 2022 2:50 pm Buying a house is expensive. Even a small home in a modest area is out of reach for many people. On top of the actual list price, there are a lot of hidden costs of buying a home. Compared to the house

AuthorAndrew Te.  Date: April 4, 2022 2:45 pm So you’re looking to sell a home. Focusing on the millennials is a good place to start. They are one of the fastest growing groups of home buyers. So why not start with the most popular millennial home buying trends? You probably

AuthorAndrew Te.  Date: April 4, 2022 2:43 pm Selling your house for sale isn’t easy. But hiring a listing agent for yourself is a great way to start. Hiring an agent is the first step before you list your house for sale. Whenever you wish to sell out your house,

AuthorAndrew Te.  Date: April 4, 2022 2:33 pm Whether it’s a home buyer or seller, a real estate agent must meet their expectations. Agent’s may be wondering, what do home sellers want? If you’re a client, you may be wondering what you can expect from your agent. While FSBO is

The market still feels hot, but a slowdown in online searches, home tours and mortgage applications suggests more buyers are getting priced out.  Redfin economists predict home-price growth will start to slow in the coming months. Mortgage rates are shooting up at the fastest pace in history, sending the typical

AuthorSteph Matarazzo.  Date: March 31, 2022 12:59 am You’ve decided to sell your house. Over the years, you’ve kept that home well maintained to protect your investment. You know that buyers seek out homes that require fewer repairs. Now you’re wondering if you’ve kept your home in good enough shape

Demand for single-family homes surged during the pandemic—but it surged so much that condos are now all some homebuyers can afford.  The typical U.S. condo sold for a record $319,000 in February, up 14.6% from a year earlier and 22.7% from two years earlier, just before the pandemic began.  Condos

Pending Home Sales Dwindle 4.1% in February Three of the four major U.S. regions saw contract signings fall month-over-month, with the Northeast being the only area that reported an increase. Media Contact:  Quintin Simmons 202-383-1178

Homes sell even faster as dwindling supply and rapidly rising mortgage rates fuel fierce competition. Housing prices jumped the most since summer—up 17% year over year to a new high—as a 7% drop in new listings kept homebuyer competition elevated amid rapidly rising mortgage rates. Nearly 3 in 5 homes

White House Unveils Plan to Address Appraisal Bias REALTORS® are committed to upholding fair housing laws in all real estate activities, including appraisals. Media Contact:  Tori Syrek Appraisal & Valuation, Fair Housing

Author .  Date: March 23, 2022 2:20 pm Selling a home can be overwhelming. You’ve spent years caring for and upgrading your property. Of course, you want to see the highest return possible on your investment. After taking care of any needed repairs, finding the right real estate agent, and

With home prices up 16% from a year ago and mortgage rates rising, many Americans are searching for homes in more affordable areas.  The share of homebuyers moving from one part of the country to another is at a record high. Nationwide, 32.3% of Redfin.com users looked to relocate in January

Share of Millennial Home Buyers Continues to Rise Millennials are the most likely generation to use the internet to find the home they ultimately purchase and most likely to use a real estate agent. Media Contact:  Spencer High 202-383-1051 First-Time Homebuyers

  Use unique strategies to make your offer stand out, such as releasing the earnest-money deposit early, and making it nonrefundable. Waive the appraisal contingency if you can. Don’t expect a counter-offer; put in your best and highest offer right away. Consider putting in an offer early, several days before