A Homebuyer’s Glossary of Key Terms to Know
“Vive la difference” is a French phrase that encourages us to celebrate differences, usually among people. But real estate has its differences, too – like the difference between spec houses and custom-built homes, or between a pending sale and a completed one. Let’s...One Mortgage Banker’s Plan to Fix the Housing Crisis
When lawmakers come back to Washington early next year to tackle the country’s housing crisis, they will argue over various proposals to fix affordability, high mortgage rates and the lack of inventory. They will debate ideas such as gifting $25,000 to first-time...
How to Win the Listing in Today’s Highly Competitive Real Estate Environment
You walk into a listing appointment, really connect with the sellers, and nail your listing presentation. When you’re ready to close for the listing they tell you, “We’re interviewing three other agents – we’ll get back to you.” What do you do next? The increased...Are People Losing Interest in Second Homes?
Are people losing interest in second homes? It appears so, according to the National Association of Home Builders, using the latest Census Bureau data. In 2022, the latest year for which information is available, about 6.5 million second homes – non-rental properties...Early Returns Show Commissions Are Falling
Just a few weeks into the aftermath of the class-action settlement that rocked the real estate world, sales commissions have shrunk. That’s the major finding of a recent survey of some 1,300 agents and brokers. Earlier this year, a settlement was reached between the...This Week’s Paper: Digital Edition
