RE Ad Site Seeks Success by Hiding Addresses
A small number of sellers want to maintain privacy, but MatchMyPlace does it for everyone, listing only cities, prices and a limited number of photos.
When Will the Current Real Estate Cycle Peak?
Some owners hold off listing and selling until the market peaks, but what if it already did? It’s too soon to be sure, but “overvalued” indicators seem to be turning.
NAR Chief Economist Addresses Senate Committee
Sales will weaken and for-sale inventory will grow, but it won’t do much to help affordability, Chief Economist Lawrence Yun said.
RE Q&A: Can Live-In Girlfriend Claim Ownership?
A homeowner paid off his condo and may ask his girlfriend to move in. If he does, can she claim partial ownership at some point in time?
Condo Q&A: Ins and Outs of Insurance Coverage
Condo owners usually have property insurance coverage, as do condominium associations. After a covered event, how do you decide which insurer must pay?
What’s It Like to Be a Buyer in Today’s Market?
Buyers in the market for at least six months have lowered their expectations more than once – and shortly after they do, they’re forced to lower expectations again.
In S. Fla., Housing Sales Drop as Inventory Grows
Some buyers can’t handle the high home prices and rising mortgage rates, and some sellers who were waiting for the market to peak have decided that time has come.
Phone Scams Down, Text Scams Up
Federal efforts have decreased the number of phone scams, but criminals focus now on text scams. The 1B spam texts sent in July 2021 increased to 12B this June.
Study: Drop in Bidding Wars, Notably in Tampa
A bit less than half of U.S. listings had a bidding war in June, but in Tampa it was an even lower 28.9% compared to 54.2% in May and 58.8% in June 2021.
Mortgage Rates Edge Up to 5.54%
Mortgage rates are almost twice as high as they were one year ago (2.78%), though the weekly increase was modest compared to last week’s 5.51%.