Real Estate News

5 Expert Tips for a Faster Home Sale

RisMedia Consumer Advice - February 1, 2024 - 1:34pm

Selling a house can be a significant undertaking. For many homeowners, the desire to sell a house fast is a top priority. When relocating, downsizing, or having other reasons for a speedy sale, implementing effective strategies can make a substantial difference. Whether selling a stigmatized property or a glamorous mansion, the home sale process can…

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Categories: Real Estate News

Consumer Confidence Hits Two-Year High

RisMedia Consumer Advice - January 30, 2024 - 12:43pm

Consumer confidence increased 6.8 points to 114.8 in January, the third consecutive month of increases and the highest reading seen since December 2021, according to the latest data from The Conference Board.  “January’s increase in consumer confidence likely reflected slower inflation, anticipation of lower interest rates ahead and generally favorable employment conditions as companies continue…

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Categories: Real Estate News

How to Find The Best Listing Agent When Selling a House

RisMedia Consumer Advice - January 29, 2024 - 4:46pm

Selling a home is a significant undertaking. Choosing the right listing agent can make a world of difference in the success of your real estate venture. It becomes exceptionally crucial for a first-time seller to know the importance. Finding the best listing agent involves careful consideration, research, and a thoughtful interview. You will learn strategies…

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Categories: Real Estate News

Milestones Homeowner Platform Sees Sign-Up Surge

RisMedia Consumer Advice - January 23, 2024 - 4:41pm

Milestones, a portal for homeowners to manage their experience (from buying to selling), has seen a 513% increase in sign-ups. Milestones’ centralized hubs offer access to essential documents, home service providers, home improvement suggestions, timely and seasonal home maintenance tasks and reminders, wealth-building insights, and more. With a white-label approach, Milestones assists real estate brokerages,…

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Categories: Real Estate News

Blooming Success: Essential Tips for Selling a Home in the Spring

RisMedia Consumer Advice - January 22, 2024 - 4:11pm

Spring is a season of renewal and blossoming flowers and a prime time for the real estate market. As nature awakens, so does the housing market. It presents the best opportunities for those looking to sell their homes. We will explore expert spring home selling tips, taking advantage of the season’s vibrant energy and heightened…

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Categories: Real Estate News

Consumer Sentiment Soars in January

RisMedia Consumer Advice - January 19, 2024 - 12:43pm

Consumer sentiment grew an astounding 13.1% in January, following a sharp increase in December, according to data from the University of Michigan. “Consumer sentiment soared 13% in January to reach its highest level since July 2021, showing that the sharp increase in December was no fluke. Consumer views were supported by confidence that inflation has…

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Categories: Real Estate News

Comprehensive Tips For First-Time Sellers

RisMedia Consumer Advice - January 18, 2024 - 4:00pm

Selling a home for the first time can be daunting, filled with uncertainties and questions. However, the process can be smooth and thriving with the proper knowledge and strategic planning. We will showcase valuable tips and advice for first-time homesellers. The information will cover essential aspects to ensure a profitable and stress-free home sale. Accurate…

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Categories: Real Estate News

Top Home Selling Mistakes to Avoid

RisMedia Consumer Advice - January 15, 2024 - 4:24pm

Selling a home can be complex and challenging. Avoiding the common pitfalls is essential for successful sales. There are many things prospective sellers should know before listing their homes. Maximum Real Estate Exposure provides numerous insights based on years of experience. We will cover the top home-selling mistakes that sellers often make and provide valuable…

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Categories: Real Estate News

The Best Methods for People to Choose a REALTOR®

RisMedia Consumer Advice - January 11, 2024 - 3:35pm

Buying or selling a home is a significant financial and emotional undertaking. Choosing the right real estate agent can significantly impact the outcome. A systematic approach is essential when choosing a REALTOR® with numerous agents available. We will examine the best methods for picking a real estate agent, drawing insights from expert advice and exploring…

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Categories: Real Estate News

Consumer Price Index Continues Slow Rise in December

RisMedia Consumer Advice - January 11, 2024 - 12:49pm

Inflation saw another small rise in December, continuing the 0.1% rise seen in November. Following the two recent consecutive pauses in rate hikes from the Fed, economists feel that this reading reflects the Fed’s sentiments that interest rates will not see any decreases soon. The Consumer Price Index saw a 0.3% increase in its December…

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Categories: Real Estate News

Frequently Asked Questions About Home Appraisals

RisMedia Consumer Advice - January 8, 2024 - 3:54pm

One of the most essential steps when buying a house or refinancing your existing home is the appraisal. Appraisals can make or break a real estate transaction. Appraisers have significant power in the role they perform for a mortgage lender. After all, their word is gospel. Given their importance, they must be accurate with their…

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Categories: Real Estate News

Can You Break Up With Your Buyer’s Agent?

RisMedia Consumer Advice - January 8, 2024 - 10:26am

Buying a home is a significant life decision, and choosing the right buyer’s agent is crucial to ensuring a smooth and successful transaction. However, there are instances where the relationship with your buyer’s agent may not work out as expected. You may find yourself contemplating the need to break up with them. We will explore…

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Categories: Real Estate News

What Are Seller Concessions in Real Estate?

RisMedia Consumer Advice - January 4, 2024 - 3:47pm

When buying or selling a home, you must remember various financial considerations. One such aspect is seller credits, which can play a significant role in real estate transactions. Seller credits, or concessions, are essential for buyers and sellers to understand. They are financial incentives homesellers offer buyers as part of the closing process. We will…

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Categories: Real Estate News

What to Do With Your Home If You Buy a Second Property

RisMedia Consumer Advice - December 28, 2023 - 4:02pm

The decision to buy a second property brings a host of considerations, and one of the most crucial among them is whether to sell or rent your existing home. This dilemma requires careful evaluation of financial, emotional and strategic factors to ensure that the choice aligns with your goals and circumstances. We will explore renting…

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Categories: Real Estate News

Why 2024 Will Be Challenging for Multifamily Market

RisMedia Consumer Advice - December 21, 2023 - 3:45pm

As we prepare to reset ahead of the new year, there are indicators that 2024 may not be the clean break from 2023 many are hoping for. The latest Multifamily Rent Report from Yardi® Matrix found that (as of November 2023), rent growth declined 0.4% year-over-year, after a period of tremendous growth in 2021-2022 (a…

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Categories: Real Estate News

Reasons to Have a Property Survey Completed Before Finalizing a Home Purchase

RisMedia Consumer Advice - December 20, 2023 - 5:34pm

With purchasing a home being a client’s most significant investment, it’s crucial for them to ensure they clearly understand the property boundaries and potential issues that may affect their ownership. One essential step in the home-buying process is getting a property survey. We will explore the reasons for a property survey, when to complete one,…

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Categories: Real Estate News

2023 Report Shows Growing Awareness, Value of Sustainable Features in a Home Sale

RisMedia Consumer Advice - December 20, 2023 - 3:59pm

In March 2023, the National Association of REALTORS® (NAR) conducted an extensive survey of its members to explore sustainability issues within the residential real estate industry. The survey report, 2023 REALTORS® & Sustainability Report–Residential, shows a transformative shift toward eco-conscious practices among residential real estate professionals and homeowners. Let’s delve into the key findings to…

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Categories: Real Estate News

‘Exclusive Agency’ vs. ‘Exclusive Right’ in Real Estate Contracts

RisMedia Consumer Advice - December 20, 2023 - 2:31pm

In the realm of real estate transactions, one crucial aspect that both sellers and real estate agents must carefully consider is the type of listing contract they enter into. The Exclusive Agency and exclusive right-to-sell agreements are two common types of listing contracts. These contracts define the relationship between the seller and the real estate…

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Categories: Real Estate News

What Exactly is Needed to Close on a House?

RisMedia Consumer Advice - December 14, 2023 - 12:52pm

Closing on a house culminates weeks or months of house hunting, negotiations, and paperwork. It’s an exciting but often complex process involving several key players, numerous documents, and meticulous steps. You will learn what is required to close a house and the items needed for a home closing. Closing on a house isn’t rocket science,…

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Categories: Real Estate News

Consumer Price Index Sees Small Rise in November

RisMedia Consumer Advice - December 12, 2023 - 12:52pm

Inflation saw a small rise again in November, following no changes in October. After the recent pause in rate hikes from the Fed, this reading is in line with economist predictions that the Fed could continue the pause, and possibly halt rate hikes altogether. The Consumer Price Index saw 0.1% increase in its November reading.…

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Categories: Real Estate News