Seller Financing Returns as Mortgage Rates Rise

An old tool is back as mortgage rates rise: Seller financing often occurs when buyers hope to save on closing costs and sellers want top dollar for their home.
Read MoreWhite House Steps Up Renter Protections

While properties under HUD may be directly affected, five federal agencies “strongly encourage” some changes, such as a public posting of renters’ rights.
Read MoreWhite House Issues Affordable Housing Policy

$85M in funding for HUD will reduce barriers, such as zoning restrictions, that have “become a hurdle to increasing the supply and density of affordable housing.”
Read More‘Rolling Recession,’ ‘Richcession’ or No Recession?

More economists now think the U.S. will avoid a recession, in part because the downturn affects high-earning workers more and it isn’t affecting all industries.
Read MoreHave a Strong Visual Identity?

Agents work hard to set themselves apart from the crowd, and an easy-to-recognize brand uses logos, colors, graphics and styles across all marketing platforms.
Read MoreFirst-Timers’ Need 13% More Income this Year

Nationally it’s 13%, but in Fort Lauderdale it’s 28% – the highest in the U.S. In Miami, a first-time buyer needs to earn 25% more than they did a year ago.
Read MoreBuy 2nd Home with Family, Friends? Get a Lawyer

“We all get along great” isn’t much help if there’s a disagreement about guests, repairs or maintenance. A lawyer can pre-solve problems before issues arise.
Read More5 Fla. Metros in Top 10 for Out-of-State Buyers

In 2Q 2023, Fla. remained a top go-to state, with the lion’s share relocating from New York, but Chicago provided more buyers for Cape Coral, No. 7 on the list.
Read MoreMobile Marketing: Many Agents’ Missed Opportunity

People use cellphones constantly – computers not so much. That means websites and ads that work just as well on smaller screens will be seen by a lot more people.
Read MoreGood News/Bad News: Economy Accelerates in 2Q

The U.S. economy grew 2.4%, up from 2% in the first quarter, indicating a still-robust economy that adds pressure on the Fed to raise interest rates again.
Read MoreNAR: June Pending Sales Rose 0.3%

“The recovery has not taken place, but the housing recession is over,” says NAR’s chief economist, after the first pending-sales increase in three months.
Read More30-Year Mortgage Rates Head Back Up, Hit 6.81%

After moving closer to 7% and then falling last week, the 30-year, fixed-rate moved a bit higher from last week’s 6.78%. A year ago, the rate averaged 5.3%.
Read More5 Ways AI Can Boost Real Estate Marketing

It’s hard to underestimate the impact of artificial intelligence (AI). International deals, for instance, will be easier even if no one speaks a common language.
Read MoreFed Raises Interest Rates a Quarter Point as Expected

Observers looked for clues on whether the Fed will raise interest rates again later this year, and the Fed seemed to imply it was likely, but not a sure thing.
Read MoreWhy Don’t You Have a Listings-Based Business?

A very general rule of thumb: Half an agent’s income should come from representing sellers. If that’s not you, here are things to consider.
Read MoreRemote Work and Thriving Cities: How to Keep Both

Hybrid work means fewer people downtown on any given day. Cities must adapt, a report concludes, by building multifamily structures to boost thin crowds.
Read MoreWhat Month Has the Most Home Options? July

The summer months saw the most available homes – to buy or rent – between 2020 and 2022. After July, it was Aug. and then June.
Read MoreJune New-Home Sales Cool As Mortgage Rates Rise

Newly built home sales fell 2.5% last month. NAHB cited higher mortgage rates and some supply chain issues for electrical transformers as the leading cause.
Read MoreWells Fargo Settles Lawsuit that Alleged Appraisal Bias

A N.C. couple sued Wells Fargo and others after alleging an appraisal came up $52K short. Wells Fargo didn’t admit guilt or dispute the statistical findings.
Read MoreCommercial Trends in 2023 and Beyond

What’s happening today that will influence the commercial RE market tomorrow? The rise of e-commerce, evolving work models, repurposing, new technology and more.
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