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The 30-year fixed rate has not been this high since May, says Freddie Mac BYVERONIKA BONDARENKO Mortgage rates have risen rapidly for the past four weeks, according to the latest Primary Mortgage Market Survey from Freddie Mac. The rate for a 30-year fixed-rate mortgage… Read More
The damage has been done — now it's time to make the rebuilding process as painless as possible (By BERNICE ROSS) Whether it’s a hurricane like Florence, a tropical storm like Lane or a flood, tornado, earthquake or fire, it can… Read More
Next week, REALTORS® will have the first chance to be able to take advantage of next-level digital marketing and branding with a new top-level domain from NAR and industry leader Second Generation, Ltd., .realestate. The .realestate domain is set to launch… Read More
BY KENNETH R. HARNEY You might be relaxing at the beach or in the mountains, but if you’re considering purchasing a home in the coming months, you should be aware of an important shift emerging in the market: List prices… Read More
To end your 2018 on the right note, there’s no better time than right now to gear up for fall selling season BYBERNICE ROSS With Labor Day and fall selling season almost upon us, this is your last chance to… Read More
Cook up the open layout of your dreams using these tips from a Canton designer Who: Erica Caserta of Showcase Kitchens Where: Canton, Connecticut In her own words: “A lot of people have older homes, such as Capes and Colonials, with smaller rooms that… Read More
The country still hasn't recovered from the shock of the 2008 financial crisis BY PATRICK KEARNS Single-family home construction in the U.S. has never really recovered from the 2008 market crash. In fact, ever since that year, permits for new single-family homes have been… Read More
By Missy Yost Recently, in a very hot market with low inventory, I listed an amazing townhome. We did everything right. It was priced well, advertised, located in a popular neighborhood, and the home was completely updated for the contemporary buyer. Within… Read More
Mark A. McLaughlin, CEO of Pacific Union International, Inc., believes in embracing change and making his agents more productive with technology by Inman News This is part of “Fighting back,” a new series of profiles on how broker-owners are responding… Read More
Pending home sales have now dropped for the fifth straight month on an annualized bases due to inventory shortages Pending home sales dropped 0.5 percent month-over-month and remain down on an annualized basis for the fifth straight month, according to… Read More
Industry pros give tips to help brokers prep their agents and clients to navigate tight market conditions. by Erica Christoffer Shannon Brien, broker-manager at The Douglas Realty Group in Cary, N.C., says their clients are at the mercy of ultra-low housing inventory.… Read More
Associated Press, May 30, 2018 Connecticut is planning to spend $15 million to upgrade the State Pier in New London for use by developers of several offshore wind projects. Gov. Dannel P. Malloy announced a plan Tuesday that would include… Read More
They might require extra time and more information at every step, but it’s a gratifying transaction BY NICOLE SOLARI Able real estate agents know the first step with first-time (and really all) buyersis to get them pre-qualified — preferably with a lender who is… Read More
A $30 dues increase in 2019 plus a major change to Professional Standards are a few biggies. Read all about it here.... The NAR Board of Directors at its meeting in Washington May 19 took a major step toward increasing… Read More
The soul-searching questions homesellers should ask before going FSBO BYCARA AMEER Let’s face it, selling a home without a real estate agent is just plain risky. FSBOs jeopardize time, money, and most importantly, an advantageous outcome.But, despite research that shows that shows that FSBO… Read More