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Nearly Half Of Home Sellers Are Making Concessions To Woo Buyers
Source: Redfin --- Sellers are offering to cover the cost of repairs, mortgage-rate buydowns and closing costs as rising interest rates dampen homebuyer demand. Pandemic boomtowns and pricey coastal markets, including Phoenix and Seattle, have seen the biggest...
Is Now A Good Time to Sell or Rent My House?
Source: US News --- The U.S. is short 6.5 million single-family homes, according to a realtor.com report released March 8. This means that the rate of household formations is outpacing the amount of homes constructed, and that spells a major inventory crunch for...
Additional Reading: Realtor Tools & Insights
Mortgage Calculator: Calculate Your Home Loan Repayments
Source: Forbes --- A mortgage is a necessary part of buying a home for many Australians, but it can be difficult to understand what you can actually afford. However, with home loan interest rates on the march, and the RBA indicating that rates are likely to keep...
How much commission do real estate agents really make?
Source: The Property Tribune --- Be sure to ask real estate agents what their commission and fee structures are when interviewing them. This will allow you to compare them on an even playing field and choose the best agent for you and your property. When you sell a...
Single Renters pay a ‘singles tax’ of nearly $7,000 for living alone
Zillow has uncovered a heartbreaking truth for apartment-hunting singles: Renters living in a one-bedroom on their own face a yearly "singles tax" of nearly $7,000, according to an analysis by Zillow. While singles across the country pay a high price for a solo...
Homeowner Wealth Increases Through Growing Equity This Year
Source: Simplifying the Market --- Building financial wealth and stability remains one of the top reasons Americans choose to own a home, and as a homeowner, your wealth often grows without you even realizing it. In a recent paper published by the Urban Institute,...
A Peek Into Jennifer Aniston’s Real Estate Portfolio
Source:Architectural Digest --- The famously private Jennifer Aniston has made it a point to keep her personal life out of the spotlight all throughout her career, so it makes sense that her residences have always been little havens away from Hollywood. From her...
Real estate tech startup Side raises $50M more at a $2.5B valuation as it preps for an IPO
Source: Tech Crunch --- Side, a real estate technology company that works to turn agents and independent brokerages into boutique brands and businesses, has raised “$50 million-plus” in a funding round that more than doubles its valuation to $2.5 billion. The latest...
Secret ‘whisper listings’ on the rise in booming US housing market
Source: News Nation --- Houses that are not even listed are selling fast, experts say. They’re called “whisper listings.” Whisper listings are residential properties released directly to a broker who only allows specific clients to view the home. It’s not advertised...
The Most Important Housing Reform in America Has Come to the South
Source: Slate --- Braxton Winston had his epiphany in the spring of 2017 at Charlotte City Hall, watching the presentation of a city commission called the Economic Opportunity Task Force. It sounds boring, but the matter at hand had shocked boosters in one of...
Real Estate Agents Reveal How They Sell Houses With Sordid Pasts
Source: The Hollywood Reporter --- On Aug. 14, 1951, William Randolph Hearst, 88, lay dying in a gilded Mediterranean Revival mansion in Beverly Hills. Five years earlier — in declining health and with his reputation wounded by Citizen Kane — he agreed to move from...
3 Steps For Real Estate To Harness Data-Driven Transformation
Source:Forbes --- Digital transformation has been on the lips of most leaders the past few years, with achieving full data visibility the goal. This emphasis on making the digital transformation leap has revealed not only the vast amounts of data that exist within an...
Inside Blackberry Farm’s Stylish Push Into Real Estate and Home Design
Source: Architectural Digest --- Anyone who still thinks that the words Appalachia and luxury are mutually exclusive has never been to Blackberry Farm. Opened in 1976 on a lush 4,200 acres in Walland, Tennessee, a town of approximately 350 near the entrance of the...
Here’s why it’s not a great time to become a real estate agent
Source: CNN --- As home prices soared during the pandemic, people started racing toward the real estate sales industry seeking to cash in on the housing gold rush. But that surge in new real estate agents, coupled with a sharp decline in the number of homes up for...
Darden Restaurants CEO says speculation is driving up real estate prices
Source: CNBC --- Darden Restaurants isn’t seeing many deals on real estate right now despite the high number of permanent restaurant closures from the pandemic. “There’s tremendous speculation in the real estate market driving prices,” CEO Gene Lee told analysts on...
