Here were the most popular stories on Inman this past week:
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5. Upstream and RPR: the smart grid to power the real estate machine
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4. Down payment assistance website offers gold mine for potential buyers
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3. Brokers bite back at the machine
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2. The importance of establishing routines
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If buyers knew their prospective new home could come with lower energy bills and be better for the environment, would they pay more for that home? Two recent studies suggest they would. But many listing agents are not doing a good enough job promoting those features.
Alex Bowman and Chris Ridenour knew the neighborhoods where they wanted to live when they began searching for homes on listing portals. But properties for sale in those communities were in short supply and often seemed to loom stubbornly above their price range.
Although 87 percent of homes qualify for down payment assistance, many potential homebuyers have no idea that they may be eligible for programs that could save them thousands of dollars. Down Payment Resource (DPR) is looking to change that.