The Federal Reserve has raised short-term interest rates three times this year, causing mortgage rates to climb to over 5 percent currently, some of the highest levels seen in nearly a decade. As a result, the cost of borrowing has risen — putting an even greater strain on buyers who are already dealing with record-high […]
Crafted by an agent for fellow agents, Quitchet was built by a South Carolina-based agent. It uses home search to capture buyers and help agents manage the buying process. Source: click here
Fast-expanding real estate brokerage Compass is getting into the increasingly competitive concierge service game, offering homesellers pre-sale cleaning and improvements with no upfront costs, as well as no minimum listing price. All homesellers have to do is list exclusively with Compass. In a Thursday press release, the real estate technology company said its new Compass […]
First came the social media outrage, then the firing. And now, in a remarkable twist, a property management company in St. Louis has all but vanished online after one of its former employees, a white woman, was recorded blocking a black man from entering his own apartment in a tony residential building where they both […]
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Amid an uptick in 911 calls and complaints from neighbors, a controversial tiny-house village in North Seattle will close next spring after the city decided not to renew its license at the end of September. An “experiment” in the city’s efforts to combat homelessness, Licton Springs Village is currently the only homeless housing option in the […]
Thick concrete with rebar and steel cables. Extra tall pilings. And a roof meant to keep out the wind. Those are the things that allowed one home in Mexico Beach, Florida, to remain standing even as Hurricane Michael obliterated most of its neighbors. The Sand Palace in Mexico Beach, Florida. The home, dubbed the “Sand […]
The National Association of Home Builders in conjunction with Wells Fargo released the results of its latest housing market index (HMI) on Tuesday, which measures builder confidence from scores of 0 to 100 in current single-family home sales and sales expectations for the upcoming six months. Scores above 50 signal that more builders view conditions […]
As real estate agents, we often deal with volatile situations where emotions run high and disputes are common. These four steps will protect you in the case of arbitration, litigation and mixed-up memories. Source: click here
In this Monday column, Christy Murdock Edgar asks agents across the nation to share the lessons they’ve learned during their time in the industry. This week, Central Florida’s Penny Craig. Source: click here
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