Real Estate News

  • Has a Real Estate Agent Ignored Your Online Request?

    Nearly half of online property inquiries to agents are simply ignored. A recent survey found that of those who got a response, the median time to hear back was a reasonable 39 minutes. The average time, though, was less reasonable: 8 hours and 17 minutes. (Miami Herald) 9/9/2024

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  • RENT-Flation VS HOME-Flation

    We all know housing is one of the largest costs consumers face: What is the biggest difference between RENT-flation and HOME-flation? RENT-flation costs you more every year, while HOME-flation increases your net worth and equity each year….. (COMPASS)

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  • Home Inspection

    A home inspection is a thorough evaluation of a property conducted by a professional inspector. Its primary purpose is to assess the condition of the home and identify any issues that may need attention. Here’s what typically happens during a home inspection: 1. Purpose: 2. What Inspectors Examine: 3. The Inspection Process: 4. Post-Inspection: 5.…

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  • What Does A Listing Agent Do?

    A listing agent, also known as a seller’s agent, represents the seller in a real estate transaction. Here’s a breakdown of their key responsibilities: In essence, a listing agent’s role is to market the property effectively, negotiate on behalf of the seller, and facilitate a successful and smooth transaction from start to finish.

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  • What Does A Buyer’s Agent Do?

    A buyer’s agent is a real estate professional who represents the interests of the buyer in a property transaction. Here’s what they typically do: Overall, a buyer’s agent is there to advocate for the buyer’s interests, provide expertise, and make the home-buying process as smooth and efficient as possible.

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  • 30-Year Fixed-Rate Mortgages Falling

    30-year fixed-rate mortgages are at 6.35% as of Aug. 29 compared with 6.95% as of July 4. (Bloomberg) 9/5/2024

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  • Rents and Inflation in the U.S.

    Since 1980, rents have risen 1.27% faster than inflation in the U.S. (COMPASS) 9/4/2024

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  • Higher Interest Rates Have Been a Curse for Housing

    Higher interest rates have been a curse for housing: Across the country some rental-construction projects are getting stalled, as developers struggle to obtain the financing needed to complete them. In July, the annual pace of multifamily-building starts was down 22% from the same month a year earlier. This slowdown could trigger worse shortages….and rising rents! Construction was…

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