‘The fever has broken’: Action steps for agents after rate cuts

An environment where the fed funds rate is being cut instead of raised has historically been better for the real estate industry. Now is the time for agents to become the resource for information and professionalism. Continue reading

Mistake halts California warehouse project — after demolition of homes

More than 100 homes have already been razed to make room for shipping warehouses. But a judge last week ruled that the county violated environmental regulations when it approved the project. Continue reading

Homebuyer demand hardly budged as mortgage rates hit 2024 lows

While many homeowners rushed to refinance, affordability is keeping a damper on sales. Now mortgage rates are climbing again, with investors having already priced in last week’s Fed rate cut. Continue reading

More and more homes are languishing on the market

In August, nearly half of all U.S. homes had been on the market for 60 days or more, according to Redfin. Days on market has ticked up as high rates have slowed sales. Continue reading

16 incentives that may help sellers move their homes this fall

If you have listings left over from the slow spring and summer selling season, today’s lower interest rates may offer a boost. Carl Medford shares strategies to help get those homes sold as autumn arrives. Continue reading

New-home market a ‘bright spot’ as annual sales rise 9.8%

New-home sales rose 9.8 percent year over year to a seasonally adjusted annual rate of 716,000 in August. However, an influx of existing-home inventory could pose a challenge to new-home sales into the fall. Continue reading

Mom-and-pop flippers make the dream of homeownership a reality

Small real estate investors have a role to play in improving affordability and inventory, trainer Bernice Ross writes, and can be a key part of growing your real estate business. Continue reading

Home prices remained relentless in July, even as growth slowed

Home prices continued to break records in July, according to reports released by S&P Dow Jones and FHFA on Tuesday. Some economists said lower rates may fuel demand, pushing prices even higher. Continue reading

Fears of a widespread commission shift are unfounded. Here’s why

Most homebuyers will continue to use an agent and most homesellers will continue to cover buyer agent commissions, writes broker-owner Eric Bramlett of Austin-based Bramlett Residential. Continue reading

Fall market preview: Rate cuts have finally arrived — is the recovery on?

It will take more than recent rate cuts for a recovery in home sales to gain traction, a new analysis of market data and economic forecasts suggests. Intel explores what’s at stake for the fall market. Continue reading