What the NAR Commissions Settlement Means for Home Builders
The legal settlement will improve transparency during the home sales process, mitigate predatory practices, and help preserve profitability for home builders
Sales and Texting? Know the Rules
Texting your sales prospects en masse can be an efficient way to get your message through if you follow these best practices
Will NAR's Landmark Commissions Settlement Lower Housing Costs?
The $418 million deal changes long-standing rules—written and unwritten—that consumers claim inflated sales commissions for home sellers, including new-home builders
January's Mortgage Rate Dip Prompts Some Thawing of the Housing Market
A drop in mortgage rates from recent peaks nudged more homebuyers and sellers into the market, signaling the start of greater supply and demand
Report Explores US Homeownership Trends, Finds Minorities Making Gains
A new National Association of Realtors report finds Asian Americans and Hispanics have made the greatest gains in homeownership over the past decade
Consumers Show Renewed Optimism About Homebuying
Fannie Mae's Home Purchase Sentiment Index reaches its highest level in almost two years
Market Data + Trends
The Biggest Hurdle for Housing Is Seller Hesitation, Experts Say
Elevated borrowing costs are currently affecting both homebuyers and sellers, with buyers hesitant to spend and sellers unwilling to list and sacrifice the lower rates they've locked in on their current homes
Government + Policy
Bipartisan House Bill Aims to Incentivize Home Selling
The More Homes on the Market Act seeks to amend the sales gain tax exclusion to bring more homes into the for-sale market
Market Data + Trends
A New Normal? Why Experts Are Calling Today’s Housing Market an ‘Ice Age'
The housing market is going through a deep freeze as elevated interest rates keep sellers on the sidelines and send available housing inventory to new lows
Market Data + Trends
Low Housing Supply Is Leading to Fewer but Faster Home Sales
As the number of new listings falls, homebuyers are either retreating from the for-sale market or going toe-to-toe for available homes
Sales
Despite a Lack of New Listings, Home Sellers Still Have the Upper Hand
As a lack of new listings stirs up homebuying competition, the spring 2023 housing market is, by most definitions, a seller's market
Financing
Controversial ‘Admin Fees’ Are Driving Up Closing Costs
The administrative fees tacked onto closing costs help brokerages cover everything from paperwork to meeting regulatory requirements, but many industry experts say those extra costs are scamming buyers
Affordability
Homebuyers Are Becoming More Active as Affordability Improves
Improvements in housing affordability expectations led to a more engaged buyer pool in the first quarter of 2023
Market Data + Trends
Homebuyers Are Bouncing Back, but Hesitant Sellers Are Leaving Them With Few Options
Homeowners with ultra-low mortgages are opting not to sell, and in the meantime, eager buyers are left with limited options
Sales
Is There a Mortgage Rate Free-Fall Coming?
In addition to the prospect of lower mortgage rates, home prices may also soon be on the wane, creating more opportunities for homebuyers
Remodeling Design
Important Considerations When Renovating a Home for Resale
To remodel or not to remodel? These design tips can translate to faster sales and higher selling prices when it's time to list