Many Homebuilders Are Overextended
Large-production homebuilders now account for nearly two-thirds of all new-home sales. But there are signs many of them, and even their smaller brethren, have gotten too far out over their skis. According to one report based on U.S. Census Bureau data, the inventory...Real Estate Agents Balk at Negotiating Fees
Homebuyers looking to pay their agents directly have found little success, according to a new consumer group study. Instead, buyers are being told not to worry – that the seller would pay the commission. Some are being told that buyers never pay any agent fees, just...Few Changes in Real Estate Agent Fees
The supposedly “earthshaking” legal settlement that was supposed to drive down real estate commissions, saving buyers and sellers thousands of dollars in the process, wasn’t so tumultuous after all. Twelve months after the National Association of Realtors agreed to...An Untimely Death Changes Everything
What happens when the person buying your house dies before the closing date? Or when your tenant passes away mid-lease? The short answer: Everything changes. Typically, when a homebuyer passes, their right to the contract passes to their beneficiaries or heirs, who...This Week’s Paper: Digital Edition
