Sellers whose listings do not include virtual tours, professional photographs and floor plans are being cheated by their real estate agents. Without the proper visuals, homes will likely take longer to sell and fetch a lower price.
Home builders are running out of buildable home sites, with inventory at its lowest point since 2015. And relief is on the way – just not soon.
If your closing was postponed recently, cybercriminals may be to blame.
Because of climate change, Spencer Glendon – a senior fellow at the Woodwell Climate Research Center, one of the world’s most respected climate think tanks – said recently that it may not be long before every homeowner in the country will need flood insurance.
Many homeowners, especially rookies who are new to the game, have no clue what their homeowner’s insurance policies cover.
Not to downplay the pending foreclosures and evictions faced by millions of families, but the current national furor is a bit overblown.
Sure, stick building is still the norm. And most builders are still using model homes to show off their wares in the best light possible. But slowly and surely, they are changing the way they do business – some say for the better.
Now that the country is reopening and some companies are calling their employees back to the office, more than a few pandemic-inspired buyers are having a change of heart.
In real estate, a house isn’t sold until the Fat Lady sings at the closing. Until then, the seller should keep their options open by accepting backup contracts.
Sellers who jump on offers from buyers waiving the opportunity to hire an independent home inspector may rue the day they did so.
One of the first questions buyers ask these days is: How far over the asking price should I go to get the house I want? Obviously, it all depends.
There are numerous charlatans out there who will promise to buy your timeshare or help you sell it. There is little substance to most of their assurances, at least not until they get their hands on your money.
Some homebuyers, even those who absolutely adore their places, have “buyer’s remorse” – second thoughts about their purchase.
Seniors trying to figure out how to cash in on their home equity without having to leave their houses now have another choice. So do low-income borrowers who’ve yet to refinance their government-owned loans.
A new report from the Consumer Federation of America argues that agents who represent both the buyer and seller in a transaction do a disservice to buyers, and the practice of dual agency should be banned.
Having a run-in with the law is one of the quickest ways to disqualify yourself from homeownership, and other bites of housing news for your holiday weekend.
Anyone hoping builders will be putting up enough houses to alleviate the shortage on the market may just as well wish to see the tooth fairy.
More and more sellers are hoping for a windfall, listing now before the seller’s market runs out of steam. But it’s not always as simple as waiting for a horde of buyers to arrive with all the money they can muster.
A recent column about would-be homebuyers giving up because they keep losing bidding wars brought a flurry of responses: Readers want to know how they can become winners in this arena.
“There is a tidal wave of distressed homeowners who will need help in the coming months,” said Dave Uejio, acting director of the Consumer Financial Protection Bureau.