Do your sellers have questions about the process? NAR’s latest Consumer Guide provides straightforward and helpful answers.
In last of our three-part series, Florida Realtors takes a deep dive into the future of Florida’s housing market and the impact of wealth.
Homes are taking longer to sell largely because housing costs are so expensive and there’s a limited supply, Redfin said. It’s the slowest pace in 5 years.
All four U.S. regions saw month-over-month transaction losses, NAR’s chief economist said. High mortgage rates haven’t reduced demand, thanks to more cash deals.
Realtor.com: The number of newly listed homes rose 37.5% month-over-month. Florida has three of the five markets in the U.S. with the highest share of price cuts.
Some buyers are looking for better deals to counter higher mortgage rates. Seller concessions cover certain costs associated with a home purchase.
Real estate pros can stand out by specializing in a niche and using the 5-5-5 strategy: calls, messages and meetings to build leads and client trust.
U.S. home prices rose 4.2% year-over-year, but growth is slowing due to high mortgage rates, according to the FHFA House Price Index.
Some of the updated forms add language for NAR settlement compliance to create consistent language across all forms.
New home sales rose 3.6% in December, ending 2024 higher amid limited inventory, the NAHB said. The median price increased 2.1% overall.
