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...
By Dan Harkey Real Estate & Private Money Finance Consultant m: 949 533-8315 | e: [email protected] Most people follow a strategy they perceive as prudent and well thought out until they discover it no longer works. What should they do? The results they have...
Source: Scotsman Guide — Existing-home sales fell for the fourth straight month in May, sliding to a two-year low as median prices topped $400,000 nationally for the first time ever, according to the National Association of Realtors (NAR). Total sales ended May...