Big Wave of Sellers Might Emerge this Year
Survey: 44% of Gen Z (18-25) and 35% of millennials (26-41) say they’ll sell their starter home this year. Many have lots of equity and a fear of rising mortgage rates.
One Reason for Rising Prices? ‘Fear of Missing Out’
Worried buyers wonder how high mortgage rates will go, how fast, and whether inventory levels will ever rise – fears that help push housing prices ever higher.
Fla. Rent-Relief Program Helps 211K Households
OUR Florida – a state program that offers help to lower-income, at-risk renters – says it has committed $1.5B so far to help 211,667 rental households.
Second U.S. State Might Try to Ban ‘Love Letters’
Even though a preliminary injunction stops an Oregon law banning buyer “love letters” until trial, Rhode Island lawmakers are considering something similar.
75% of Successful Buyers Have Regrets
Today’s successful buyers are happy they got a home, but some who made trade-offs to win a bidding war have regrets after they move in.
Some Home Features Can Boost Sales Price
Study: Some uncommon features can boost a home selling prices by a few percent, including a “pot filler” – an above-the-stove water faucet that adds 3.2%.
NAR Issues 6 Ways to Commit to Fair Housing
In honor of Fair Housing month, NAR focused on new and existing programs – everything from podcasts, reports and research to its Fairhaven testing simulation.
Why so Few Homeowners Selling? It’s Complicated
Many want to sell and move, but they feel stuck. Some don’t have the income to qualify for a bigger mortgage; others worry about total costs of a relocation.
Instagram Can Motivate Sellers to List With You
A business account gives agents a free marketing plan, ad tools and, once rolling, data analytics to help them see how the account is performing.
Condo Q&A: Which Insurance Covers a Fire?
A condo owner suffered damage after a fire in a nearby unit. Which insurer pays for that, the condo association’s or the personal policy he has on his unit?