Confidence in Housing Sags as Sellers Shy Away

Confidence in housing sagged in July in the Fannie Mae Home Purchase Sentiment Index® (HPSI), with optimism weakening for both homebuyers and sellers due to limiting economic factors and unaffordability. The HPSI overall posted 86.8, down 1.5 percentage points from June, when the Index reached a second all-time high. The share of homebuyers surveyed for […]

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Study: Dedication Valued Most by Homebuyers and Sellers

Homebuyers and sellers gave real estate professionals who exercised dedication high marks in J.D. Power’s recently released Home Buyer/Seller Satisfaction Study. Satisfaction, the study found, is determined by the amount of time the real estate professional invests in keeping the client informed, and the real estate professional’s responsiveness to client concerns and questions. Homebuyers place […]

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Luxury Homes: How to Tell If You’re Getting a Fair Price

Editor’s Note: This was originally published on RISMedia’s blog, Housecall. See what else is cookin’ now at blog.rismedia.com: $1 Million a Week, Starting With Quality Leads Don’t Let Clogged Gutters Wreak Havoc on Your Home Easy Tips to Stage Your Home With Toddlers Around Buying a luxury home isn’t as straightforward a process as one […]

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Buyer Mastery Through Buyer Consultation

Random conversations with buyers that have no direction or order can be helpful, although in most cases are not. Let’s be honest: Most agents currently working with buyers are not prepared with a specific buyer consultation, or something they know by heart that can be done repeatedly. A well-prepared buyer consultation must flow. Its main […]

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4 Ways Every Homebuyer Can Save on Title Insurance

(TNS)—When you find the home of your dreams, make an offer and apply for a mortgage, you might not give much thought to the cost of title insurance—but that can be a mistake. A title policy defends buyers (and their lenders) from future property ownership claims, surprise liens and other potentially costly complications with property […]

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It’s About Time: Builders Responding to Renter Rush

Will they, or won’t they? Whether millennial renters would make the transition to homeownership has been hotly debated since the housing crisis—and now, there is more evidence pointing to the affirmative. According to a recent report by the Wall Street Journal, home builders are starting to double back on starter home production, recognizing valid demand […]

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Homeownership: More Than Just the Facts

Editor’s Note: This was originally published on RISMedia’s blog, Housecall. See what else is cookin’ now at blog.rismedia.com: Explore America’s Neighborhoods: Clarksville, Austin, Texas Splash! 5 Wacky Aquatic Living Rooms Wow Buyers Near and Far With 3D Tours Homeownership is the epitome of the American Dream not only for its advantages as a financial asset, […]

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Regional Spotlight: Mid-Atlantic Awash With Activity

Regional Spotlight—The Mid-Atlantic region is awash with real estate activity this spring, with real estate practitioners in the area expecting a busier season overall, according to a recently released survey. “After a solid 2016, the Mid-Atlantic real estate market is poised for continued growth in 2017,” says Tom Phillips, president and CEO of Bright MLS, […]

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The Best Is Yet to Come for Homebuyers

It’s a seller’s market out there, and for homebuyers, the struggle this spring is real: few affordable options, and price growth that just won’t quit. Another issue’s working against them, too: timing. According to a recent analysis by Zillow, the best time for buyers isn’t spring, but summer—the end of summer, that is. Why? There’s […]

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Dual Agency vs. Designated Agency: Understand the Difference

Editor’s Note: This was originally published on RISMedia’s blog, Housecall. See what else is cookin’ now at blog.rismedia.com: How to Have a More Modern Office: Alternative Work Arrangements Angelina Jolie Enters Escrow in Los Feliz Square Footage: It’s Not the Size That Counts, but How You Use It In an ideal world, you would be […]

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7 Biggest Mistakes That People Make When Buying A Home

Buying and owning a home is an essential part of having a high standard of living, a sense of financial comfort and control, as well as a personal sense of well-being and peace of mind in your own life. Being a homeowner is a critical part of the American dream, and the process of buying a home can be one of the most important steps in your life. Because there are millions of homes bought and sold in America and around the world every year, there is a precedent for common mistakes that people can make when buying a home because every mistake that you can possibly think of has been made by someone else at some point in the past. This list of the 7 biggest mistakes that people make when buying a home should give you a good idea of some important things to avoid during your home […]

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Just In: Renters Can Buy a Home—Without Spending More Money

Rents are so high that the average renter could buy a home worth approximately 50 percent more than the median home value without spending any more money, according to a recent analysis by Zillow. The national median rent, $1,416, is enough to cover the monthly expense (including insurance, maintenance and taxes) of owning a home […]

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Home Inspections: Items That Aren’t Deal-Breakers

Editor’s Note: This was originally published on RISMedia’s blog, Housecall. See what else is cookin’ now at blog.rismedia.com: Dual Agency vs. Designated Agency: Understand the Difference How to Have a More Modern Office: Alternative Work Arrangements Angelina Jolie Enters Escrow in Los Feliz After making an offer on a home, you’ll enter into a contract. […]

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Homebuyers in the West Arrive Ahead of Schedule

Homebuyers in the West are taking to the spring real estate season early this year, with home prices up 1.3 percent quarter-over-quarter in April—growth ahead of the typical May schedule, according to the latest Clear Capital Home Data Index (HDI) Market Report. The West saw an 8.1 percent price push year-over-year. The rest of the […]

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Survey: Homebuyers Value Reliable Wireless Service Over Home Prices

Editor’s Note: This was originally published on RISMedia’s blog, Housecall. See what else is cookin’ now at blog.rismedia.com: If You’re Ready Come and Get It: Selena Gomez’s Texan Mansion Is for Sale Change Your Mindset, Change Your Business 4 Quick DIY Projects for a Healthier Home Sure, price matters a lot when a buyer is […]

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Institutional Investors to Rein In Capital to Real Estate

Institutional investors, including banks, insurance companies, pensions and REITs, will rein in capital commitments to real estate an average 19 percent this year, on track to total $62 billion, according to a new survey by Institutional Real Estate, Inc. (IREI), an institutional real estate investment consultant, and Kingsley Associates, a real estate research firm. “The […]

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7 Additional Expenses To Consider When Purchasing A Home

Once you have prepared your personal finances and documents to the point that you can secure a mortgage preapproval, the big thing on your mind is probably going to be the monthly cost of the mortgage payment. There are four main components that factor into your mortgage payment which are principal, interest, taxes, and insurance (PITI), but these are not the only costs that you need to be aware of. There are many other hidden costs to completing the purchase and transfer of a home that you might not have considered, so make sure you are financially prepared for everything that is involved in closing the deal. You Need To Consider Whether Or Not A Home Warranty Is Right For You Some home buyers are big fans of getting a home warranty, and some think that it is simply a waste of time because it is unnecessary, and there are even […]

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