7 reasons for-sale-by-owners fail

Less than 10 percent of for sale by owner sellers actually succeed, but what is it, actually, that prevents FSBO sellers from being able to close their property sale? BY BILL GASSETT Selling your home without the help of a real estate agent can seem like a good idea. In an ideal world, homeowners would save a […]

6 economists predict what the 2020 housing market has in store

Low supply and high demand will drive the housing market amidst age milestones for millennials and baby boomers BY MARIAN MCPHERSON  Historically low mortgage rates, booming home price growth, inadequate inventory levels, and debates about crumbling affordability ruled the 2019 housing market. As the new year draws closer with rumors of a global recession and uncertainty generated by an impending election, one can imagine just […]

Bombshell lawsuit takes a new turn (BY ANDREA V. BRAMBILA)

The major class-action lawsuit against NAR, Realogy, KW, RE/MAX, HomeServices of America and more has been amended to include new plaintiffs and new, more detailed accusations BYANDREA V. BRAMBILA The class action lawsuit that could upend the U.S. real estate industry by effectively forcing changes in how buyer’s agents are traditionally compensated has been amended, adding more […]

Zillow will buy and sell homes in LA, Austin, San Diego and more

Zillow Offers is expanding to 6 more markets nationwide for a planned total of 20 by early next year BYPATRICK KEARNS Real estate tech giant Zillow announced on Thursday it’s expanding its direct-to-consumer online homebuying and selling platform known as Zillow Offers to Austin, Los Angeles, Sacramento, San Antonio, San Diego and Tampa within the next year. By the end of […]

Existing-home sales declined in March after rebound in February

Existing-home sales fell 4.9%, according to NAR data BYVERONIKA BONDARENKO Existing-home sales fell 4.9 percent in March to a seasonally adjusted annual rate of 5.21 million, according to the latest data from the National Association of Realtors (NAR). After a small rebound in February, the total is down 5.4 percent year-over-year.  In Eastern CT, the March trend matched national data with […]