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How Should Real-Estate Agents Be Paid?
Source: The Wall Street Journal --- Real-estate agents typically are paid a standard commission for helping sell or buy a home. But should they be compensated differently? In the U.S., the seller typically pays both the listing agent and the buying agent, and each of...
Your Questions Answered: Best Home Buying Tips for First-Timers
Source: Housing Logic --- Buying your first home is a big freaking deal. How do you know which loan is right for you? How do you swing the down payment? How do you ensure your offer isn’t too low or too high? What don’t you know that you don’t know? Ack! Breathe,...
Made a profit selling your home? Here’s how to avoid a tax bomb this filing season
Source: CNBC --- If you recently made a profit selling your home, it may come with a costly surprise this filing season: capital gains taxes on your windfall. In 2021, the average U.S. home seller scored a profit of $94,092, up 71% from $55,000 two years ago,...
‘The major question is whether rising rates will quench housing demand’: Existing-home sales surge higher, but could be set for a downturn
Source: Market Watch --- The numbers: Existing-home sales increased by nearly 7% between December and January, hitting a seasonally-adjusted, annual rate of 6.5 million, the National Association of Realtors said Friday. Compared to a year ago, sales were down more...
Blowing the Whistle
Source: Scotsman Guide --- As a nearly $9 million settlement between federal regulators and Trustmark National Bank makes painfully evident, few things present more unwelcome press for mortgage bankers and servicers than accusations of redlining or discrimination....
Hong Kong families face average wait of 6 years for public housing, marking 23-year high
Source: South China Morning Post --- About 250,000 needy families face an average wait of six years for a public flat in Hong Kong, the longest duration in more than two decades, according to official figures released on Monday. The average wait is double the three...
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