Appraisal Buzz
NOVEMBER 13, 2024
“Technology has enabled homeowners to live more sustainably and more affordably, which is a growing priority for prospective buyers,” said Amanda Pendleton, a Home Trends Expert at Zillow. While “vintage” mentions are up 9%, nostalgia is a developing trend, showing up in 14% more listings than in 2023.
Appraisal Buzz
OCTOBER 16, 2024
On the other hand, eight out of ten of the markets that saw the largest rent cuts last month were in the South, primarily due to an increase in the number of new multi-family housing developments. The post Buyers and Sellers Embrace Market in Wake of Mortgage Rate Dip first appeared on The MortgagePoint. With a growth rate of 21.4%
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Housing Wire
OCTOBER 24, 2024
The company’s Auction Market Dispatch for third-quarter 2024 included a survey conducted in late September of more than 140 active buyers on the platform. Buyers have also been less active despite the Federal Reserve ’s 50-basis-point cut to benchmark rates last month.
Housing Wire
APRIL 30, 2024
Through the terms of the National Association of Realtors’ (NAR) commission lawsuit settlement agreement Zillow is now getting into buyer representation agreements. Under the terms of NAR’s settlement agreement, agents will have to have a written agreement with a client in order to work with them as a buyer broker.
Housing Wire
OCTOBER 23, 2024
Home sales have been essentially stuck at around a four-million-unit pace for the past 12 months, but factors usually associated with higher home sales are developing,” NAR chief economist Lawrence Yun said in a statement. Moderating home price increases are welcome news for home buyers,” Yun said. months in August and 3.4
Housing Wire
JUNE 11, 2024
Department of Veterans Affairs (VA) on Tuesday issued a temporary fix that will allow homebuyers using VA loans to pay for their real estate agent’s commission — i.e., the buyer-broker fee. The VA said it will develop a more permanent policy “as the real estate brokerage market restabilizes and new practices take hold.”
Housing Wire
MARCH 15, 2024
Mortgage pros have closely monitored the commission lawsuit developments since a Kansas City, Missouri jury determined that NAR, HomeServices of America , and Keller Williams conspired to inflate or maintain high commission rates through NAR’s so-called Participation Rule. You should be finding buyers before real estate agents anyway.”
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