NAR: U.S. Home Sales Climb 2% Higher in July
Prices rose 17.8%, and in a positive sign, the for-sale inventory rose 7.3%. Economist Yun says there’s a chance prices “will level off as inventory continues to improve.”
Big Life Changes Spark Big Moves – Including Lost Loves
A “fresh start” pushes many singles to upend their life and seek a new one. Still, almost half of relocating love-losers pick a destination for its job opportunities.
Mortgage Giant Will Soon Accept Bitcoin Payments
United Wholesale Mortgage plans to accept cryptocurrency before the end of this year, saying it wants to be the first lender in the U.S. to do so.
Appeals Court Overturns Beach Access Ruling
The decision overturns an earlier ruling that backed waterfront property owners. The issue focused on dry-sand parts of the beach, “customary use” rules and a 2018 law.
Land Sales: Going, Going and Going Up
In parts of Southwest Fla., vacant residential lots are commanding record-high prices. With a shortage of homes for sale, more buyers are choosing to purchase land so they can build what they want, resulting in some eye-popping listing and sales prices.
Appeals Court Refuses to End Eviction Moratorium
Realtor associations lost their appeal to halt the eviction ban extended to Oct. 3, which makes it likely that they’ll now ask the Supreme Court to consider their case.
How Will the Exurbs Fare in the Long Run?
Realtor.com: Outer suburbs saw the highest price growth in the past year, but “the jury is still out” if that continues once workers return to their offices.
Fed’s Powell: There’s No Returning to Pre-Pandemic Economy
The chair says the U.S. economy has been permanently changed by the pandemic, and the central bank must understand and adapt to those changes before making decisions.
Tips for Creating a Neighborhood Profile Video
Sharing knowledge about an area helps agents develop rapport and credibility with consumers. It’s a good idea to show landmarks, amenities and other community aspects.
Can You Fight a Plan to Add Townhouses to a Community?
A developer usually has the right to annex additional land to its community, with few limitations under governing docs – but check documents closely anyway.