Why Do Agents Require Buyers to Sign Buyers Representation Agreement Before Showing Other Agent’s Listings?

We thought this blog article by Greg Hanner was worth reposting. I often get told by prospective Buyers that they don’t understand why they have to sign a Buyer’s Representation Agreement (aka Buyer’s Broker Agreement) before I can show them properties listed by others.  The reason is simple – it’s the law.  The link below […]

Spring Buyers Must Be Ready to Act Quickly

This spring will likely be another fiercely competitive one for home buyers. Real estate professionals should prepare their house hunters for record low inventories and rapidly rising home prices. “Demand for housing was already strong coming into the year and we don’t see that slowing down with millennials reaching prime home-buying age, and many remote […]

Will Mortgage Rates Continue to Fall This Month?

Mortgage rates have hit new record lows 13 times this year, the latest in November. But will the downward trend continue this month? Nadia Evangelou, senior economist and director of forecasting for the National Association of REALTORS®, believes rates will continue to hover near record lows, with the 30-year fixed-rate mortgage averaging around 2.9% for […]

DOES UNEMPLOYMENT COUNT AS INCOME IN RENTAL HOUSING?

The rental housing industry often feels the ripples of economic change in a direct way. Move outs, unpaid rent, late notices, subletters or roommates, and even evictions can have unintended consequences to long-term unemployment. With most businesses shuttered, many renters are facing financial insecurity due to the coronavirus pandemic. As of this writing, over 36 million […]

More First-Time Home Buyers Are Entering the Market

A shift in the mix of home buyers has been occurring since the pandemic began. Investor numbers are shrinking, while the number of home shoppers purchasing their first home ever is on the rise. These buyers are freed from having to sell a home prior to purchasing, and they are valuing homeownership in a pandemic. […]
By CARA AMEER In a matter of days, life as we know it has been turned upside down. The only normal is a new one. The experience of living through 9/11 and the economic crash of 2008 has taught us just how quickly we abandon established routines in exchange for new ones. At one point in […]