An accurate Indeed.com real estate agent job posting would have a separate listing client qualifications column: “Must be prepared to dole out repair advice and provide emotional support. A certificate in cleaning preferred.” These non-transaction-related services are par for the course for most agents, according to a recent short poll by Inman. So when does going above and beyond boost your business, and when does it open the door to trouble?
Have you noticed a sudden shift in the amount of time it takes a house to get to close? It’s not your imagination: New data from Campbell/Inside Mortgage Finance indicates that the share of home purchases that closed on time has declined recently. What’s going on? According to Campbell, many real estate agents are “pointing to delays caused by slow appraisals.”
Last month, growing home sales were finally slowed down by tight inventory — an issue that has been at the forefront of the housing market conversation since the beginning of the year. And, according to the National Association of Realtors’ latest existing-home sales report, it seems that slowing home sales will be the name of the game for some time to come.
The Department of Housing and Urban Development released two major updates this week regarding the treatment of buyers and renters who have limited English proficiency or are members of the transgender community.
We’ve all heard the old adage “third time’s a charm,” but that doesn’t seem to be the case for Facebook CEO Mark Zuckerberg, who is facing his third real-estate-related ordeal this year. On Sept. 15, the Palo Alto Architectural Review Board rejected Zuckerberg’s plans to remove two two-story and two one-story single-family homes surrounding his main residence and replace them with smaller family homes that would be used as guest houses.
As wintertime approaches and those bigger heating bills are looming, potential homeowners might be thinking about how much it could cost to live inside their dream home. UtilityScore’s platform gives consumers an idea of what the utility costs in their new home might be, and the home search site REcolorado.com has now wrapped UtilityScore into its platform.
There’s one word that’s been hovering over the housing market for a couple of years now, one you hear whenever questions about first-time homebuyers arises. That word is “inventory.” With so few houses available for purchase, it’s no wonder affordability has become an issue for so many buyers.