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.
Many are working a second job or a job they hate to afford rent, Redfin found. Rental affordability could stabilize in the future as more apartments are built.
The housing market is expected to improve next year, and buyers will embrace smaller homes, Zillow said. Mortgage rates may remain unpredictable.
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.
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.
There are important differences between a conditional and unconditional termination when a buyer or seller and brokerage firm agree to part ways.
