Some of the updated forms add language for NAR settlement compliance to create consistent language across all forms.
Although rates remain high, buyers can work to secure better ones by improving their credit scores and lowering their debt-to income ratios, among other things.
Is it a Code of Ethics violation when a listing broker does not disclose an accepted offer to a buyer’s broker? Does the obligation to promote the seller’s interest outweigh the duty to treat all parties honestly? Read the answer.
Fake hacking tricks victims into believing a breach occurred. To spot scams, look for small money demands, no system changes and disorganized claims.
Florida Realtors Chief Economist: 2024’s biggest changes were the rise in inventory and the widening performance gap between the single-family and condo-townhouse markets.
Mortgage rates are near 7%, not the expected sub-6%. Rates could fall if the gap between mortgage bonds and Treasury yields narrows. Fed rate cuts may boost demand.
Consumer sentiment dipped 4% in January, driven by inflation concerns, rising unemployment fears and declines across demographics.
When renters find unwanted items, they should ask the landlord to remove them, document communications and keep photos in case of disputes.
Home sales in the final months of the year showed solid recovery despite elevated mortgage rates, NAR’s chief economist said.
Redfin said daily average mortgage rates should be declining on less aggressive national economic policies. The average home is selling in 52 days.
