Source: Realtor — Do you know how much an average real estate agent commission is? Or who pays real estate agent fees and closing costs? If you’re scratching your head, you’re not alone: More than half of Americans don’t know what the average real estate agent...
Source: Realtor — In the fraught, pressure-packed, scarily unpredictable summer 2022 housing market, home sellers and buyers are compulsively tracking key real estate metrics like baseball obsessives tracking box scores—only with way more on the line than the...
Source: Yahoo Finance — (Bloomberg) — US cities that saw some of the biggest jumps in home prices during the pandemic now have the largest shares of price cuts, according to data compiled by Zillow Group Inc. Overall, the proportion of active real estate...
Source: Redfin — High home prices and mortgage rates, along with economic uncertainty and an increase in second-home loan fees, have put an end to the pandemic-driven vacation-home boom. Demand for vacation homes has fallen below the pre-pandemic baseline for...
Source: RisMedia — In today’s changing real estate market, agents must be up-to-date on industry trends, as well as the larger fiscal changes in the world around us. From new technologies to inventory issues, to the post-pandemic shifting of customers’ needs,...
Source: Realtor — What is an escalation clause in real estate, and how does an escalation clause work? When you’re deciding on what price to offer on a home, the situation might call for a single price or, in some cases, numerous prices via an escalation...
Hits and Misses for the Real Estate Week of April 27-May 1
