Home buyers flock to new builds in an effort to find more options amid persistently low inventory. More buyers are deciding to build a new home because they can’t find an existing property in the current low-inventory environment, and the increased demand is prompting home construction to ramp up. The new-home market is experiencing a…
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On the multifamily front, high costs and a greater concern for the environment are spurring efforts to cut construction time and expense while in, Three Key Takeaways In the multifamily space, the need for new building processes and materials and the possibility of paring construction and labor costs are generating a buzz. This is especially…
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From tenant retention to the streamlining of property management, one expert speaks about how AI is revolutionizing how owners and managers approach multifamily space. Artificial Intelligence (AI) is the latest buzzword in the business world. Although controversial, technology mimicking human problem-solving and decision-making capabilities can offer many benefits to multifamily owners and managers. Thanks to…
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Quick Takeaways: Using a drone in your real estate marketing allows you to highlight the landscape, outdoor features, and location of the home Technology is important to many homebuyers, and by incorporating your knowledge of it into your listing, millennials especially may be all the more interested According to the MLS, homes displayed with aerial…
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As more homeowners exit forbearance, some will fall behind on their mortgages and many local markets will see a rise in distressed sale properties. The flow of distressed sales is expected to be a fraction of those during the Great Recession, but nonetheless, REALTORS® will need to develop new skills to respond on behalf of…
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A home inspection is a visual assessment of a home’s condition in which inspectors look for thousands of potential problems in areas of the home, including ceilings, walls, floors, windows, and doors. Homebuyers may want to accompany the inspector as they do their work. Inspectors can show potential homeowners where certain plumbing or electrical details…
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Make sure you choose the platform that is right for you! There will always be a new “trendy” platform, but the best platform is the one that reaches most of your clients. There is no need to throw yourself into Tik-Tok if most of your clients use Facebook! Don’t go into social media without a…
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For the first time since August, interest rates for a 30-year fixed mortgage have dropped below 7%, hitting 6.95% this week. This brings the monthly mortgage payment for a home priced at $400,000 to $2,118. This is down from a recent high this Autumn of 7.79% and yields monthly savings of $183 and $2,196 annually…
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“Industry professionals are at a turnkey moment that will require both innovation and adaptation to shape a resilient real estate landscape for the future,” a new report finds. As the real estate market adjusts to new norms in a post-pandemic world, the commercial and investment property sectors are shifting. A retail rebound, changing investor sentiment…
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Buyers may balk at lengthy inspection reports, but not every item is an emergency. Know what may—and may not—be cause for alarm. The results of a home inspection can make or break a home sale, particularly if buyers are unsure about the items flagged in the report. They may panic at the sight of a…
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Commercial & Investment Real Estate, Zoning, Fair Housing, Diversity, Tax Incentives for Buyer Some developers of color are whittling away at the racial homeownership gap, but change is needed in the way projects are awarded and incentivized. Since securing its first property in 2019, Shelley Halstead’s real estate development initiative, Black Women Build-Baltimore, has helped eight Black women…
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Housing consumers have a bit of relief this week as the 30-year fixed mortgage interest rate dipped lower to 7.5%, falling one-quarter of a percent and hitting the lowest point in a month. Despite this, home buyers are facing a more expensive housing market than last year. Based on NAR’s Quarterly Report released today, home…
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Gazumping continues to rise, homebuyers call for a ban
The Renters (Reform) Bill ‘runs the risk of failing to achieve its objectives’
House prices growing fastest for small homes, says Halifax
New Construction Buoys Bare Spring Real Estate Market
What’s New in Multifamily: Building Processes
AI Helps Cut Costs, Aids in Fraud Detection in the Multifamily Space
Drones