Real Estate News

What ‘Great Bones’ Really Means

NAR Daily Real Estate News - September 11, 2017 - 11:00pm

You’ve probably heard the phrase a million times. But what do we really mean when we say a house has great bones?

Categories: Real Estate News

Scammers Harm Hurricane Rebuilding Efforts

NAR Daily Real Estate News - September 11, 2017 - 11:00pm

Now that reconstruction is beginning following two storms’ massive paths of destruction through Texas and Florida, it's time to issue a...

Categories: Real Estate News

The Toughest Home Buyers You’ll Encounter

NAR Daily Real Estate News - September 11, 2017 - 11:00pm

Some home shoppers are a joy to work with and others will make you want to scream. Here are three types to watch out for.

Categories: Real Estate News

Don’t Let Sellers Get Overconfident

NAR Daily Real Estate News - September 11, 2017 - 11:00pm

A severe inventory shortage may be allowing your clients to believe selling their homes will be quick and easy.

Categories: Real Estate News

‘Granny Flats’ Are Finding a Bigger Purpose

NAR Daily Real Estate News - September 11, 2017 - 11:00pm

Some hope changing laws to allow more homeowners to build accessory dwelling units will increase property values and alleviate housing shortages...

Categories: Real Estate News

Where Homes Are Selling the Fastest

NAR Daily Real Estate News - September 11, 2017 - 11:00pm

We all know most homes sold quickly this summer, but this map offers a visual of the average time it’s taking to complete transactions...

Categories: Real Estate News

A Sign That More Housing Inventory Is Coming

NAR Daily Real Estate News - September 10, 2017 - 11:00pm

A new survey suggests that homeowners who have decided to stay put in their current properties may soon be ready for a move.

Categories: Real Estate News

Hurricane Irma Tests Florida Building Codes

NAR Daily Real Estate News - September 10, 2017 - 11:00pm

State officials implemented the nation’s toughest standards for new developments after Hurricane Andrew in 1992. But they may need to...

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More Buyers Use Co-Borrowers on Mortgages

NAR Daily Real Estate News - September 10, 2017 - 11:00pm

Dozens of programs and private companies are emerging to act as co-borrowers for consumers by offering a down payment in return for a share of...

Categories: Real Estate News

Houston REALTORS® Help Harvey Victims Find Homes

NAR Daily Real Estate News - September 10, 2017 - 11:00pm

The Houston Association of REALTORS® has launched a housing section on its website to help victims of Hurricane Harvey find a temporary place...

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The Impact Immigrants Have on Real Estate

NAR Daily Real Estate News - September 10, 2017 - 11:00pm

Property values are rising in areas where immigrants settle, a new analysis shows.

Categories: Real Estate News

Study: Staging Could Lead to 10% Price Boost

NAR Daily Real Estate News - September 10, 2017 - 11:00pm

Staging a listing contributes to receiving significantly higher offers from buyers, according to a new NAR survey.

Categories: Real Estate News

The Best States for Single Parents

RisMedia Consumer Advice - September 8, 2017 - 11:00pm

Parents raising children solo have unique needs. A recent study by GOBankingRates identifies the states with the most favorable conditions for meeting those needs, including an ideal median income:

  1. New Jersey
    Median Household Income: $72,093
    State Support: Expanded Medicaid, earned-income tax credit and paid family leave program
  1. Rhode Island
    Median Household Income: $56,852
    State Support: Expanded Medicaid, earned-income tax credit and paid family leave program
  1. Michigan
    State Support: Expanded Medicaid and earned-income tax credit
    Bonus: The average grocery cost and home list price in Michigan are among the lowest in the nation.
  1. Washington
    State Support: Expanded Medicaid, earned-income tax credit and paid family leave program (effective 2019)
    Bonus: There is no state income tax in Washington.
  1. Illinois
    State Support: Expanded Medicaid and earned-income tax credit
    Bonus: Illinois has the fourth-lowest employee contribution amount for employer-sponsored family health coverage.

Source: GOBankingRates

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Categories: Real Estate News

Florida REALTORS® Brace for Irma’s Wrath

NAR Daily Real Estate News - September 7, 2017 - 11:00pm

The state association is providing its members a detailed preparation plan as the storm eyes a direct hit on Miami by Sunday.

Categories: Real Estate News

Trump Signs NFIP Extension Into Law

NAR Daily Real Estate News - September 7, 2017 - 11:00pm

It’s part of a legislative package releasing more than $15 billion in assistance for storm-ravaged areas in the country.

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Equifax Breach Threatens Half the Country

NAR Daily Real Estate News - September 7, 2017 - 11:00pm

The credit reporting firm revealed a cybersecurity breach that likely comprised the personal information of 143 million consumers. 

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Zero-Down Mortgage Offered for Doctors

NAR Daily Real Estate News - September 7, 2017 - 11:00pm

Medical professionals may be eligible for a mortgage up to $750,000 without a down payment or private mortgage insurance needed.

Categories: Real Estate News

Mortgage Rates Strike New 2017 Low

NAR Daily Real Estate News - September 7, 2017 - 11:00pm

For the third consecutive week, the 30-year fixed-rate mortgage dipped to a new year-to-date low. 

Categories: Real Estate News

Long & Foster Acquired by Berkshire Affiliate

NAR Daily Real Estate News - September 7, 2017 - 11:00pm

Long & Foster, one of the largest residential real estate companies by sales volume, has now joined Berkshire’s HomeServices of...

Categories: Real Estate News

Myths Sellers Believe About Pricing Their Home

NAR Daily Real Estate News - September 6, 2017 - 11:00pm

Many of your clients are misguided about the principles of setting their asking price. Here’s what they should be aware of. 

Categories: Real Estate News