Existing-home sales decline, median sales price hits record high

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The median existing-home price jumped by 4.1 percent year-over-year to $426,900 for all housing types, marking the second month of record highs. Continue reading →

Cost of insurance, property tax top triggers of mortgage delinquencies

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Hidden costs of homeownership, like property taxes and homeowners insurance, were given a 37 percent risk factor for triggering mortgage delinquency by leaders in default servicing, according to a survey by Auction.com. Continue reading →

What unanswered NAR settlement question are you stressing? Pulse

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Buyer agreements for open houses? Workarounds? Concessions? As agents race to comply with terms of the NAR settlement on Aug. 17, Inman wants to help answer your toughest questions. Continue reading →

Summer slump sees buyers back out of deals at record rates

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Rising home prices and mortgage rates, and sticker shock from surprise housing costs, pushed buyers to cancel 56,000 home-purchase agreements in June, according to Redfin. Continue reading →

As commission conversations change, become a seller specialist

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Consumers expect specialization in every area of life, from doctors to hairdressers, coach Verl Workman writes. They should expect no less from their real estate expert when it’s time to sell a home. Continue reading →

Dwiggins’ warning on commission workarounds: Prepare to be sued

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NextHome CEO James Dwiggins shares his thoughts on agents who use websites designed to advertise offers of compensation from listings after the NAR settlement takes effect next month. Continue reading →

Suffering from commission anxiety? Here’s how to heal it

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When your pipeline dwindles and your next payday is uncertain, anxious thoughts can consume your day. Rachael Hite offers a financial and self-care prescription. Continue reading →

3 must-have skills for building rapport with real estate clients

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By building rapport, The Agency’s John Antretter writes, agents can not only secure immediate business but also build a network of loyal clients who will return and refer others for years to come. Continue reading →

Credit reports should be non-negotiable in divorce proceedings

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Credit reports offer a wealth of valuable insights and can be especially important in evaluating client needs post-divorce, Lindsey Harn writes. Continue reading →

Eyeing next refi boom, lenders plan to maintain or grow payrolls

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Lending industry leaders surveyed by Fannie Mae see the lack of housing supply as the biggest risk factor in 2024, but most expect refinancing to pick up next year if rates continue to fall. Continue reading →