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Real Estate Commissions Being Squeezed in U.S. Over Last 4 Years
Source: World Property Journal --- National property broker Redfin is reporting the typical commission rate paid to brokerages representing homebuyers in the U.S. has fallen to its lowest point in at least four years. Redfin found the typical U.S. buyer's agent...
Housing wealth is setting new records for both owners and sellers
Source: CNBC --- The stunning jump in home values over the course of the Covid-19 pandemic has given U.S. homeowners record amounts of housing wealth. What they choose to do with it could have impacts on the broader economy. Annual home price gains averaged 15% in...
8 Simple Rules for Negotiating Your Offer and Getting That House
Source: Houselogic --- Here’s the dream: Your offer is perfect, you don’t need to negotiate, and you can spend the next few weeks addressing more pressing home ownership questions like, “Why is it called wainscoting?” and “Do I want a new couch in blush or emerald...
Saudi Arabia
Source: Scotsman Guide --- Saudi Arabia, the largest country on the Arabian Peninsula, is quickly rising to become a major foreign player in U.S. commercial real estate. It’s an indisputable fact that much of Saudi wealth, along with the country’s economy as a whole,...
MILLENNIAL DEMAND IS DRIVING PRICES UP IN NEIGHBORHOODS WITH KIDS
Source: RISMedia --- With a record number of millennials set to reach key age milestones for homebuyers over the next two years, experts say this could push already accelerated price gains even further. This, according to a new report from Zillow that found home...
Mortgage stocks are in free fall. So what’s next?
Source: Housing Wire --- Driven by a desire to achieve greater scale and gain access to cheaper capital, nonbank mortgage lenders dove headfirst into the public markets during the Covid-19 boom. How could they resist? It was, after all, a once-in-a-lifetime...
