Tracy Kasper calls the ruling “disappointing, (but) just one chapter in a longer legal process.” She answers some key questions, including: How does this affect my business? CHICAGO – National Association of Realtors® (NAR) President Tracy Kasper released a series of Q&As based on questions NAR has been receiving since the verdict in the Burnett … Read more
The scams begin with a hunt through public records for vacant land, an absentee owner and no mortgage. Look for red flags, like a refusal to talk in person. CHICAGO – Real estate professionals should watch for these red flags in the course of the transaction. The FBI’s Internet Crime Complaint Center warns that losses … Read more
There’s an interest uptick in reverse mortgages, notably from older adults on fixed incomes coping with inflation. They can be a good option – but also a bad one. TUCSON, Ariz. – If you watch any television, you’ve likely seen well-known voices, like actor Tom Selleck, touting reverse mortgages as a valuable tool for anyone in … Read more
The GAO found that federal offices have challenges like the private sector. In comparing building capacity to employees, none used over 50% and some used only 9%. WASHINGTON – The Agriculture Department is headquartered at the gateway between Washington and Virginia in a building rich with history – but on any given day, roughly 90% … Read more
Albany, N.Y., homes went under contract in 8 days in Sept., followed by Rochester (9) and Grand Rapids, Mich. (9). In 8 Fla. metros, it ranged from 25-58 days. SEATTLE – The U.S. supply-demand balance for real estate has shifted over the past year. In Albany, N.Y., the typical home sold in September went under … Read more
Years of soaring prices and a limited inventory of for-sale homes has stressed buyers for years, but today’s market remains a profit goldmine for most sellers. LOS ANGELES (AP) – Despite a housing slump going back more than a year, soaring home prices in recent years and a stubborn shortage of properties on the market … Read more
If you can tell what’s trending by looking at the words becoming more common in listings, expect demand for brutalism, sensory pathways and cold plunge pools. NEW YORK – Ready to boost your home value as much as possible? With high mortgage interest rates putting a damper on home prices, now is the time to … Read more
A verdict in the Kansas City trial is expected Nov. 10. “NAR fundamentally disagrees with how (they’re) characterizing our rules,” says NAR’s top legal officer. KANSAS CITY, Missouri – The National Association of Realtors® (NAR), along with HomeServices of America and Keller Williams Realty, begin trial Monday in Kansas City, Mo., in the case Burnett … Read more
Buyers complain about too-few sellers selling – but some homeowners want to move and feel frustrated that an ultra-low mortgage rate has locked them in. BOSTON – One out of every 5 homeowners who moved within the last three years now regret their decision. Many Americans relocated either permanently or temporarily because of the COVID-19 … Read more
A diverse group of RE professionals – Asian, Hispanic, LGBTQ+ and women – say they will jointly oppose the “vocal minority” who fight against diversity. CHICAGO – Organizations representing Asian, Hispanic, LGBTQ+ and women professionals say persistent discrimination in housing must be stopped. Four major organizations representing diverse groups in the real estate profession have … Read more
© 2024 Galleria International Realty
