Luxury homeowners are opting to build private sea walls costing $150,000 or more to protect their coastal homes from erosion and storm damage.
House prices rose as demand outpaced supply, but elevated prices and mortgage rates slowed growth.
NAR’s Pending Home Sales Index increased 0.9% in the South to 90.0 in October, up 2.5% from a year ago. Pending sales grew across the U.S.
There are important differences between a conditional and unconditional termination when a buyer or seller and brokerage firm agree to part ways.
Many Realtors think they have a good handle on the Code of Ethics. Most of it’s just common sense, right? Test your knowledge and have a little fun with this Code of Ethics quiz.
In Florida, written listing agreements must include an end date. Sellers should receive a copy of the signed agreement.
New home sales dropped 17.3% in October to 610,000, with a 9.4% annual decline. Median price was $437,300, and 481,000 homes were for sale.
The court heard from all parties as well as objectors and the Department of Justice, and is expected to soon issue a formal written order.
About 30% of the U.S. housing stock falls under an HOA. Agents should consider promoting an HOA with strong attributes in their property marketing.
Real estate pros should vet advice, avoid one-size-fits-all solutions and adapt to changes in industry practices, says Barb Betts at NAR NXT.
