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Costs Mounting for Homebuyers

Appraisal Buzz

Moreover, buyers could incur an additional $12,944 in commission costs on the average home if sellers opt not to pay the buyer’s agent commission following the National Association of Realtors (NAR) settlement in August. Since launching in 2017, Clever has reached $11.4 Clever’s network spans 15,000 agents across all 50 states.

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California will require home insurers to offer policies in high-risk wildfire areas

Housing Wire

The California Association of Realtors reported that 13% of its members had at least one deal cancelled in 2024 due to insurance issues. The eight largest wildfires in state history have occurred since 2017, and the worst when measuring the loss of life was the Camp Fire in 2018, which killed 85 people.

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NAR adds home improvement contractor’s app to Realtor benefits

Housing Wire

The National Association of Realtors (NAR) announced on Wednesday the addition of a home repair estimate app to its package of NAR Realtor Benefits for members. Founded in 2017, Curbio is based in Potomac, Md. The company also lists Comcast Ventures , Revolution and Camber Creek as investors.

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Compass strikes again with leadership changes in the Southeast

Housing Wire

The Louisiana Tech University graduate was recognized as 2019 Education Volunteer of the Year by Florida Realtors , among other accolades. Before Compass, Sheridan also operated her own PR firm, epgPR , from 2008 to 2017. With a proven track record of leading Compass’ marketing operations in Washington, D.C.,

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Some say Austin’s rental market might collapse. That’s not reality

Housing Wire

Clare Knapp, housing economist for the Austin Board of Realtors , counters the notion of a collapse “Austin is not the same Austin as it was eight years ago,” she said. In January 2017, Altos recorded an average apartment rent in the city of $1,265. Data supports Knapp’s perspective.

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Tracy Kasper officially installed as NAR’s new president

Housing Wire

The National Association of Realtors officially installed its new leadership team for 2024 at the trade organization’s annual conference, NAR NXT, in Anaheim, California, last week. She is a former president of the Idaho Association of Realtors. NAR also officially appointed Kevin Sears as its 2024 president-elect.

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How New Hampshire is looking to alleviate its housing crisis

Housing Wire

That is a lot of land, and it is a significant contributor to the cost of building new housing, said Bob Quinn, CEO of the New Hampshire Association of Realtors (NHAR). In 2017, the state passed a new law allowing for ADUs nearly everywhere single-family houses are permitted.

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