Median home prices rose 2.8% year-to-year under NAR’s seasonally adjusted formula, and the inventory of unsold existing homes climbed 2.7% month-to-month.
One day this won’t be true as artificial intelligence (AI) improves, but most computer-generated content currently has some traits that say, “Hey, I’m from AI.”
On Oct. 24 at 1 p.m., FREC will focus on foreign buyer “Affidavits of Buyers of Property” and broker-held escrow deposits. The public is invited, virtually or in-person.
Do buyers have a right to know that a listing comes with a ghost? In Fla., probably not – but states’ laws vary on what ghost-adverse buyers deserve to know.
An oversight tool that connects all tech formats has not yet been perfected. And while some agents live off technology, others largely ignore it.
Frustrated with the lack of existing-home inventory, more buyers turned to new construction in Sept. despite mortgage rates that topped 7%.
If you can tell what’s trending by looking at the words becoming more common in listings, expect demand for brutalism, sensory pathways and cold plunge pools.
Buyers have doubts now thanks to inflation, rising home prices and higher mortgage rates. While some best-practice seller tactics haven’t changed, some have.
The builder sentiment index hit 40 this month, where any number below 50 suggests more pessimism than optimism. They blame rising interest rates.
What’s in a name? Some people thought “affordable housing” was a giveaway and “workforce housing” didn’t catch on. “Attainable housing” is the latest moniker.
