Real Estate Agent Tools
Selling your home? List it midweek
Source: Housing Wire --- A new report from Redfin shows that homes listed midweek sell for an average of $1,700 more than homes listed on the weekend, based on homes sold above their list price from July 2020 through February 2021. And they sell faster, too. Putting a...
What Is a Wraparound Loan, and Is It Right for You?
Source: Realtor . Com --- While home buyers might hope that they will qualify for a mortgage from the usual financial institutions, like a bank, they may find that their spotty credit score is an obstacle that prevents them from qualifying. What then? One Plan B may...
Credit Suisse brings US bank panic home for European real estate
Source: The Business Times --- BRUISED by Covid, war and interest rate hikes, real estate investors at the Mipim conference in Cannes last week had a new topic on their minds: the alarming plunge of Credit Suisse, which threatened to bring a US bank meltdown to their...
House Prices Declining but Still Up 7.7% Year-to-Year
Source: Florida Realtors --- But U.S. metros aren’t all the same. Of the top 10 states for price declines, 8 of 10 are in the West, as Miami, Tampa and Atlanta show the biggest price jumps. NEW CASTLE, Ind. – Home values in some states began to fall at the end of...
Real estate experts offer possible solutions in tackling housing market obstacles
Source: WPBF News --- PALM BEACH COUNTY, Fla. — With the housing crisis in the Sunshine State, local brokers and buyers are resorting to various ways in tackling the current market. "We have two kids now and two dogs, and it’s just a little too small," Andrew Seifter,...
15 States That Could Be Heading for a Housing Crisis
Source: Go Banking Rates --- The housing crisis of 2008-2009 is forever burned in our memory — a time of irresponsible lending, dramatic financial and housing losses and economic hardship that no one wants to live through again. While regulations and practices that...
A bifurcated housing market: Average Idaho homeowner sees equity decline by $21K while typical Florida homeowner gained $49K in 2022
Source: Yahoo! Finance --- Just after mortgage rates spiked to 6%, George Reedy put his South Carolina home on the market in July 2022. He needed to sell for personal reasons. He was also worried that by listing after mortgage rates had spiked, he'd miss out on the...
27K realtors in Austin part of a competitive real estate market
Source: KXAN News --- AUSTIN (KXAN) — Since 1957, there have been more real estate agent and brokers licenses issued to people in Austin than any other city in the state of Texas except for Houston, according to the Texas Real Estate Commission, or TREC, the state...
How multifamily investors can prepare for a recession
Source: J.P. Morgan --- More than half of commercial real estate leaders—including those with multifamily property rentals—believe a recession is likely this year, according to JPMorgan Chase’s 2023 Business Leaders Outlook: Commercial Real Estate. We asked three...
New York Experiences a 4.4% Drop in Median Sales Price in February
OneKey MLS is a real estate marketplace for monthly statistics for residential real estate transactions from Montauk to Manhattan, north through the Hudson Valley and the Catskill Mountains. For February 2023, OneKey MLS reported a regional closed median sale price of...
Keller Williams Realty Professionals agents recognized nationally and move to a new location in Fergus Falls
Source: The Bemidji Pioneer --- Keller Williams Realty Professionals (KWRP) is proud to announce the following national awards as recognized by Keller Williams Realty International at their national convention, commonly known as Family Reunion. Over 10,000 agents...
2 leading Hampton Roads real estate firms join forces under Berkshire Hathaway flag
Source: Yahoo! News --- Hundreds of real estate agents walked into the Virginia Beach Convention Center on March 16 to learn that two regional industry giants are joining forces. Rose & Womble Realty Co. and Berkshire Hathaway HomeServices Towne Realty will soon...
