A buyer with a monthly budget of $3,000 can now purchase a home worth approximately $453,000 — up from $416,000 in October when mortgage rates reached a record of 7.8 percent, according to Redfin. Continue reading
The monthly payment on a typical home is 50 percent pricier than it would have been a year ago, yet competition remains fierce. Continue reading
Chief Customer Officer Nick Bailey also warned agents that there are no “get rich quick schemes” in real estate at the company’s R4 event. Continue reading
The ‘broad-based moderation’ of home prices continues, according to S&P Dow Jones Indices’ Philip Murphy. Continue reading
Here are 10 questions that homesellers will most likely ask during the appraisal process. Here’s how to best respond to prepare them for all outcomes. Continue reading
Reali, the California-based, flat-fee tech-powered brokerage is giving its clients a leg up on other home buyers with a new predictive tool that estimates the probability of placing a winning bid on a home. Continue reading
The industry may not see a buyer’s market until at least 2020, according to the majority real estate economists surveyed by Zillow and Pulsenomics LLC. Continue reading