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A new report from the Washington, D.C. -based Consumer Policy Center (CPC) warns that the common practice of percentage-based real estate commissions may be a financial disadvantage for home buyers and sellers. The report is titled How Percentage-Based Commissions Can Harm Home Buyers and Sellers and What They Can Do About It. The CPC points to commission structures that discourage price negotiations and cause consumers to underestimate the true cost of agent fees.
The housing market has underwent significant changes over the past few years, but there are still good deals in great locations to be had. Vacasa has just released its 2025 Top 25 Best Places to Buy a Vacation Home report , a helpful resource for vacation rental home buyers new and old, as well as those seeking investment properties. Vacation Rental Real Estate Market Trends Inventory : The good news is that after the past few years of historically low listings, market inventory is slowly growi
Home sellers who did not list their properties on the MLS lost out on more than $1 billion in sale proceeds over the past two years, according to a study published Monday by Zillow. The study also found that these losses were deepest in communities of color. Zillow defined communities of color as ZIP codes where a majority of households are headed by Blacks , Hispanics , Asian Americans, Pacific Islanders or Native Americans.
Does the value make sense? That’s the last question I ask when finishing an appraisal, and I want to walk you through what that looks like. I hope this will be useful for both agents and colleagues. Let me know what you think. UPCOMING SPEAKING GIGS: 4/2/25 SAFE Credit Union Coffee Talk (RSVP here) 4/10/25 […] The post The last question I ask during an appraisal first appeared on Sacramento Appraisal Blog.
Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our court data solution, financial experts can access critical litigation insights, making it an invaluable resource for informed decision-making in the financial sector.
Hello, dear reader! I hope you’re doing well! I took some time off from blogging to catch up on work and re-group mentally from the past few years of real estate craziness, culminating in a hectic last six months of an appraiser. I just needed a little breather. Thank you for being here to read my article on bedroom requirements and the housing statistics for Cuyahoga County.
Impersonating an Appraiser – The Costly Consequences of Playing Dress-Up in Real Estate. Being an appraiser isn’t for the faint of heart. The job requires thick skin, a strong moral compass, and an unwavering commitment to impartiality. There are times when you have to stand your ground, even when clients plead with you to sway the value.
Impersonating an Appraiser – The Costly Consequences of Playing Dress-Up in Real Estate. Being an appraiser isn’t for the faint of heart. The job requires thick skin, a strong moral compass, and an unwavering commitment to impartiality. There are times when you have to stand your ground, even when clients plead with you to sway the value.
According to a recent study, more than half of Americans say they feel overwhelmed by rising utility costs, mortgage payments, and rent, leaving many consumers with little money left over after paying their monthly housing expenses. This highlights the harsh financial reality of owning a home in the current economy. Per a new study from American Home Shield (AHS), paying utility bills is another typical expense of living at home, in addition to rent or mortgage payments.
As housing affordability remains a critical challenge across the country, mortgage rates continue to play a central role in shaping homebuying power. Mortgage rates stayed elevated throughout 2023 and early 2024. Recent data, however, shows a modest decline in mortgage rates. Even slight declines can have a significant impact on housing affordability, pricing more households.
Paired sales is the fourth of five acceptable methods for time adjustments, according to the Fannie Mae selling guide. Once again, the method is neither defined nor explained. Editors Note:Read the entire series (so far) here. A look at USPAP shows no reference to grouped or paired sales as a way to support an opinion […] The post Paired Sales Time?
Originally published on 04/05/2017 Unlock the power of digital agricultural data for smarter farm management From field workers to agricultural managers, the effective collection and use of farm data are essential to business success and quality assurance. Too often, this valuable information remains trapped in paper forms, creating inefficiencies and limiting visibility.
Construction projects are high-stakes operations where even minor inefficiencies can lead to costly delays, safety concerns, and budget overruns. Managing risk in construction has always been a challenge, but as projects grow in complexity, traditional methods no longer cut it. Enter Digital Transformation - a game changer approach that replaces inefficiency with AI-powered analytics, real-time monitoring, and automated workflows to proactively manage risk.
Generating a new lead can feel like magic. That little dopamine kick you get just from talking to someone who might hire you is part of what makes this job so fulfilling. Its thrilling and addictive. But what if you could get that same rush without having to white-knuckle it through a cold call or shell out a thousand bucks a month to Zillow? Laura Griffin did just that by accident.
Measuring and analyzing changes in market conditions are critical and fundamental elements in real estate appraisal. Indeed, they are the foundation of an accurate opinion of value. This is simply because such a value conclusion has as its base a specific date in time, the effective date of appraisal. So, from within the neighborhood boundaries appraisers delineate at the beginning of the appraisal report, they must analyze sufficient sales data to determine if there have been any changes in mar
Real estate doesn't lack lead gen options, Jimmy Burgess writes. It lacks execution. He provides a wealth of resources and the strategies you need to implement them.
Buyer agreements are a good thing, Alabama Realtors CEO says, but the law, inspired in part by the DOJ, gives consumers and agents more time to negotiate.
Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.
A slight decline in mortgage rates and limited existing inventory helped new home sales to edge higher in February even as housing affordability challenges continue to act as a strong headwind on the market. Sales of newly built, single-family homes in February increased 1.8% to a 676,000 seasonally adjusted annual rate from a revised January.
New York City real estate agent Eric Conover, who built a 2.7 million subscriber YouTube following by showcasing luxury homes in New York , Miami and Aspen, was charged with attempted murder after allegedly trying to kill a police officer with his Jeep. Conover, an agent with Nest Seekers International , was arrested in Bartlett, New Hampshire, last week following a police pursuit, local TV station WMUR reported.
According to a recent Realtor.com survey, the average down payment in the fourth quarter was $30,250, which was around $3,000 more than the previous year but only somewhat less than the third quarters amount. The largest down payments in the history of the records, both in terms of total dollars and as a percentage of the buying price, occurred last year.
Think women who buy are focused on style over substance? Think again. Theyre mostly focused on financial matters, and theyre willing to consider a fixer-upper.
A new complement to CCP will allow for delayed marketing, giving home sellers the ability to keep their listings out of the IDX feed and off search sites.
Mortgage rates dropped significantly at the start of March before stabilizing, with the average 30-year fixed-rate mortgage settling at 6.65%, according to Freddie Mac. This marks a 19-basis-point (bps) decline from February. Meanwhile, the 15-year fixed-rate mortgage fell by 20 bps to 5.83%. The drop in long-term borrowing costs was driven by a 24-bps decline.
A duo of bipartisan lawmakers in the House of Representatives is proposing a bill that would establish the Federal Emergency Management Agency (FEMA) as an independent, cabinet-level agency that would be broken away from its current home inside the U.S. Department of Homeland Security (DHS). The FEMA Independence Act , sponsored by Florida Rep. Jared Moskowitz (D) and co-sponsored with his state colleague Rep.
A new report from Redfin has found that the number of renter households in America increased 0.8% year-over-year to 45.4 million in Q4, marking the slowest growth since Q1 of 2023. The number of homeowner households rose 0.8% to 86.9 milliona growth rate thats little changed from recent quarters. Q4 of 2024 marks the first time in more than a year that the number of renter and homeowner households are increasing at the same rate.
To ensure better representation this Women's History Month and beyond, she writes, its critical to reduce barriers to entry, support women in their journeys and celebrate their success.
The real estate industry had mixed reactions to NARs decision to keep Clear Cooperation and add a policy that allows sellers to delay marketing via IDX.
The hidden costs of inefficient patient intake While the total ways that paper-based processes contribute to medical mistakes are fuzzy, with varying attribution numbers and miscommunication processes, the one clear detail is that paper forms hamper the medical field. One study even found that implementing electronic medical prescription processes showed a 12% reduction in overall errors.
Economic optimism among chief financial officers dropped in the first quarter of 2025 as a result of tariffs and broader uncertainty. That’s according to the CFO Survey, a collaboration between Duke Universitys Fuqua School of Business and the Federal Reserve Banks of Richmond and Atlanta. The CFO Survey was fielded from Feb. 18 to March 7. The panel includes firms that range from small operations to Fortune 500 companies across all major industries.
New findings from Redfin conclude that younger Americans are losing their momentum when it comes to homeownership, as 26.1% of Gen Zers owned their home in 2024, essentially a total flat from 2023 (26.3%), and 2022 (26.2%). Before that, the Gen Z homeownership rate had increased each year since Gen Zers started aging into potential homeownership in 2017 (except 2022, when it remained flat).
According to the U.S. Bureau of Labor Statistics (BLS), people who are neither working nor looking for work are counted as not in the labor force. Understanding the size and characteristics of individuals not in the labor force is crucial for a comprehensive assessment of the job market and overall economic health, as it provides.
Housing market forecasters projected home prices to rise in 2025 because of limited inventory and the release of pent-up demand as mortgage rates moderate off their highs of the last few years. However, recent data suggests home prices are trending in the other direction. According to Altos, the weekly single-family pending sales price has fallen in five states on a 90-day average basis, and other states are trending in that direction.
The U.S. Census Bureau and the U.S. Department of Housing & Urban Development (HUD) have announced new U.S. residential sales statistics for February 2025. Sales of new single-family houses in February 2025 were at a seasonally adjusted annual rate of 676,000, according to estimates released by the Census Bureau and HUDthis is 1.8% above the revised January rate of 664,000, and 5.1 % above the February 2024 estimate of 643,000.
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