Suburban Square Footage Values Take OffThe pandemic drove people from Covid hotspot cities to the suburbs, as many sought a less crowded, socially distant environment and chose to continue working remotely.That's why recent data found that urban square footage grew...
Why The Market's Cooling, Not CrashingHome prices are falling from all-time highs while rising interest rates are making it difficult for some buyers to purchase. This is causing some newcomers to the real estate industry to panic...but there's no reason for this.Here...
How Appraisal Bias Can Impact Home ValuesAppraisal bias occurs when a property appraisal contains data that unfairly discriminates against a homeowner, either consciously or unconsciously.A recent study found that homes in minority neighborhoods are more likely to be...
Teach the Long-Term Benefits to Help You Sell TodayWhile short-term forecasts of leveling home prices and increasing mortgage rates may scare off many, especially first-time buyers, help your customer see the big picture.Homeownership is a long-term investment that...
The Silver Lining for Homebuyers in Today's MarketMost would-be homebuyers consider the recent interest rate rises as bad news. However, there's also an unseen benefit, as fall and winter are historically the times of the year when the housing market shifts in favor...
The Best Time to Buy a Home? This Week...Really!Recent data from Realtor.com found that the week of September 25-October 1 is ideal for would-be homebuyers to make their move.Specifically, a combination of seasonal and 2022 post-pandemic market conditions, combined...
Home Value Growth Easing to Pre-Pandemic LevelsHome values nationwide are returning to 'normal' after two years of unprecedented growth, based on a new report from Zillow. Specifically, the increase in value for the typical U.S. home has been decelerating by the...
Housing Inventory, Sales Pace Improve for BuyersData from Realtor.com's August Housing Trends Report included some good news for would-be homebuyers. Property sales slowed, turning in their first year-over-year increase in days on the market since June 2020.Homes...
Home Affordability is on the Upswing NationwideAffordability has improved across the country, according to data from the Mortgage Bankers Association (MBA), with the median home mortgage payment decreasing to $1,844 from $1,893 between June and July.The lower payments...
NAR's Rental Beast Helps REALTORS® Earn MoreA new benefit from the National Association of REALTORS® (NAR) could provide you with the ability to easily convert renters to home buyers.Specifically, NAR members now receive free access to Rental Beast, a secure and...
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