The National Association of Realtors (NAR) Pending Home Sales Index (PHSI), a forward-looking indicator that tracks home sales in which a contract is signed but the sale has not yet closed, decreased 1.3 percent in the month of April to 106.4, down from an upwardly revised 107.8 in March. NAR chief economist Lawrence Yun said continued inventory […]
Writing a love letter to a seller isn’t illegal, but if we discourage buyers from writing them, we might help promote fair housing. This year marks the 50th anniversary of the passage of the Fair Housing Act, and as such, we need to take a good hard look at the practice of using buyer “love” letters […]
Invitation Homes, the nation’s largest single-family rental company, is being sued for charging late fees that a plaintiff is arguing violates state law in all 12 states where the company rents homes. Source: click here
Seattle brokerage FlyHomes raised $17 million to expand its Cash Offers program for homebuyers who need to compete with all-cash payments. Source: click here
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