A rising cost for lumber has added thousands to the price of a new home, and an ongoing U.S.-Canada dispute could make things worse. Pres. Trump raised tariffs to 20% in 2018 and later lowered them to 9%. The Biden Admin. now proposes an 18.32% tariff.
As more urban dwellers moved to small towns with affordable home values, investors moved with them. In many smaller towns, more first-timers are losing bids to cash investors.
Agencies can’t ding credit scores of owners skipping monthly payments via forbearance. As a result, their scores are up 14 points; non-forbearance owners are up only 7.
An Arizona agent with 427K TikTok followers says a lot of her leads come from parents who say their child saw one of her educational posts and told them about it.
Consumers won’t pay sales tax for many disaster supplies starting Friday, a back-to-school holiday is in Aug., and a new July holiday nixes sales taxes on leisure events.
It’s the third monthly decline in a row. NAR cites the lack of inventory for the slowdown, as well as the increase in median price to $341,600, up 19.1% year-to-year.
As businesses struggle to make websites accessible for disabled users, technology continues to help on the other end, creating new tools those users can tap for help.
An Indiana woman in a largely Black neighborhood says comp selections affected her appraised value. As a result, advocates say blind testing will be done more often.
Texting is common today – but also effective for marketing. Expect each text to be read, but keep content concise and reply quickly even if you don’t have an answer yet.
Florida Realtors’ data: April had more closed sales, more new pending sales and higher median prices (up 22.4% for single-family homes, 19.6% for condos) than a year ago. Pres. Lambert says, “keep in mind the comparison data comes from April 2020 when Fla. was experiencing the full impact of the pandemic.”