Real Estate News
JULY 21, 2024
A leading MLS lawyer breaks down the settlement that removes offers of compensation from MLSs and requires more robust buyer agreements starting August 17.
Bigger Pockets
JULY 21, 2024
Love traveling? Want to make more money? Looking for real estate with lower price points and higher returns? International real estate investments may be for you.
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Brownstoner
JULY 21, 2024
The most popular real estate listings on Brownstoner this week include a row house in Bay Ridge, a semi-detached in Farragut, and a townhouse in Brooklyn Heights. Brooklyn Heights, Bay Ridge, and Prospect Park South were popular this week. The least and most expensive properties on the list are… Read More > The post Top 10 Brooklyn Real Estate Listings: A Brooklyn Heights Co-op, an East Flatbush Row House appeared first on Brownstoner.
Marco Santarelli
JULY 21, 2024
As the global economy continually evolves, the Federal Reserve's interest rate policy remains a critical topic for investors, policymakers, and consumers. Understanding when the Fed will cut rates, especially in 2024, is vital as it can influence everything from borrowing costs to stock market performance. So, let’s delve into the current expectations regarding interest rate cuts and the factors driving these predictions.
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Now more than ever, agents need the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.
BAM Media
JULY 21, 2024
BAM Key Details : A new Redfin analysis shows the median monthly housing payments in swing states have surged 92% since the 2020 election, reaching $2,161, driven by rising home prices and mortgage rates. Housing affordability has significantly worsened, with the median-priced home in swing states now unaffordable for the average family, requiring 32.8% of their income, up from 21.8% in 2020.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Bigger Pockets
JULY 21, 2024
For the past four years, everyone, and we mean everyone, has been doing some form of home improvement.
Marco Santarelli
JULY 21, 2024
Mortgage rates have dropped to their lowest level since February following a cooler-than-expected inflation report. This development brings some relief to homebuyers. Mortgage Rates Drop: See What $3,000 EMI Can Get You Today According to Redfin's report , homebuyers with a $3,000 monthly budget can now afford a $450,000 home at a 6.8% mortgage rate, gaining about $25,000 in purchasing power since April when rates peaked at 7.5%.
Redfin
JULY 21, 2024
Congratulations! You’re almost finished with the homebuying process. But before you can officially get the keys to your new home, one of the last steps is to pay closing costs. Closing costs are the fees and expenses associated with finalizing a real estate transaction and transferring ownership of a property from the seller to the buyer. If you’re feeling unprepared or overwhelmed, don’t worry.
Marco Santarelli
JULY 21, 2024
As home buyers and owners keep a keen eye on the fluctuating landscape of mortgage rates, understanding the current rates and their movement forecasts can be crucial for making informed decisions. With the potential to shape one of the most significant financial commitments in a person's life, mortgage rates represent a pivotal aspect of the real estate market.
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As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.
Bigger Pockets
JULY 21, 2024
If you’re holding out for the “perfect” deal, you’ll always be on the sidelines.
Seattle Times Real Estate
JULY 21, 2024
In this year's race, Democrats Bob Ferguson and Mark Mullet are competing against Republicans Dave Reichert and Semi Bird for the state's top job.
Housing Wire
JULY 21, 2024
President Joe Biden announced Sunday that he is stepping out of the race for reelection. This follows a disastrous debate performance three weeks ago that spurred high-level calls from his own party to step aside. In a letter posted on X on Sunday, Biden put an end to rumors and speculation that have been swirling since the debate on June 27. He also endorsed Vice President Kamala Harris. “It has been the greatest honor of my life to serve as your President.
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