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As median U.S. home sale price rose 3% year over year to $420,846 in August, ‘sticker shock’ is pushing buyers to pull out of agreements Buyers facing high mortgage rates are pulling out of their home-purchase agreements at the highest rate in nearly a year. Nearly 60,000 home-purchase agreements were canceled nationwide in August, equal […] The post Buyers are getting cold feet as mortgage rates exceed 7%: Redfin appeared first on MJ Agostini.
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Spring is usually the busiest season in the housing market. Many buyers wait until then to make their move, believing it’s the best time to find a home. However, that isn’t always the case when you factor in the competition you could face with other buyers at that time of year. If you’re ready to […] The post Why It Makes Sense To Move Before Spring appeared first on MJ Agostini.
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If you’ve seen recent headlines about foreclosures surging in the housing market, you’re certainly not alone. There’s no doubt, the stories in the media can be pretty confusing right now. They may even make you think twice about buying a home for fear that prices could crash. The reality is, the data shows a foreclosure […] The post Why You Shouldn’t Fear Today’s Foreclosure Headlines appeared first on MJ Agostini.
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If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year. Selma Hepp, Executive, Deputy Chief Economist at CoreLogic, shares: “. . . with slowly improving affordability and a […] The post The 3 Factors That Affect Home Affordability appeared first on MJ Agostini.
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If homebuyers are no longer willing to pay full commissions, what happens to lender programs that incentivize consumers to work with partner real estate agents?
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Bi-coastal broker Cara Ameer outlines the problems, concerns and frustrations inherent in the terms of NAR's commission lawsuit settlement as agents learn to navigate a new reality.
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Jon Gray described the current market as a "bottoming period" that should inspire investors to get moving on new purchases and said investors who move fast stand to be rewarded once prices recover.
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The high-ranking team returns to Corcoran after a recent one-year stint at Douglas Elliman. Hottinger said Corcoran is "home" to the team.
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Marketing software company Roomvu has landed a pair of enterprise brokerage relationships that stand to push it into the everyday marketing arsenal of thousands of agents.
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As the industry continues to shift gears, Mike DelPrete writes, agents are looking for greener pastures by moving to younger, more agile brokerages that offer new opportunities.
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Douglas Elliman unveiled its annual Ellie Awards this week, singling out brokers who performed well despite challenging economic conditions.
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Settlement represents "nothing short of a sea change" as the National Association of Realtors agrees to pay $418 million and make sweeping changes.
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Most agents say they've heard from competitor brokerages in recent weeks. Intel explores what's on their mind as they decide whether to stay — or bolt.
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Are you building someone else's dreams or crafting your own legacy in real estate? If you don't do it, the industry craziness will. Take charge at Inman Connect Las Vegas this summer.
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ERA's Alex Vidal writes that it's everybody's job to help Hispanic homebuyers achieve the dream of homeownership.
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Fractional real estate investing allows investors to pool resources with others and gain access to many investment properties.
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Everything you know about commissions is poised to change as NAR reaches a massive $418 million settlement.
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As the seasons change, coach Darryl Davis writes, it's time to freshen up your marketing and breathe new life into your connection with your sphere of influence.
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RealReports uses artificial intelligence to curate and categorize listing documents, data and insights, pulling from a wide range of sources for consumer-facing use in an array of sales environments, but especially listing presentations and home search.
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Watch the latest Inman Access class to hear top performers share their best practices for listing presentations and how to consistently win listings and build lasting relationships with clients.
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James Dwiggins, Strategic Officer Keith Robinson and Ed Zorn, the California Regional MLS general counsel, tackled NAR's settlement in an exclusive livestream Friday. Watch it on demand.
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Diversifying your social media is essential amid TikTok's uncertain future. Jessi Healey explains how to expand and safeguard your online presence.