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Homebuyers need to earn 80% more than in 2020 to afford a house in this market. It's not just due to high mortgage rates
Prices Ticked Up in February Overall, Justifying Fed’s Caution on Lowering Rates
The Consumer Price Index (CPI) increased 0.4% in February on a seasonally adjusted basis, after rising 0.3% in January, the U.S. Bureau of Labor Statistics reported on March 12. It marked the biggest increase since last fall. Over the last 12 months, the all items index increased 3.2% before seasonal adjustment. After hitting a 40-year…
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Coastal land is sinking, doubling the potential damage from rising seas — here's why
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What Are Seller Credits in Real Estate: the Assistance Buyers Often Need
In real estate transactions, buyers and sellers often negotiate various aspects of the deal. Negotiations can include the purchase price, closing costs and contingencies. One element that frequently arises during these negotiations is referred to as seller concessions or repair credits. These credits can play a significant role in shaping a real estate deal’s final…
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36% of homebuyers and sellers don’t know they can negotiate real estate agent fees. Here’s how to do it
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Aspiring homeowners say they face two major obstacles to buying. Here's why 20% say it'll 'never' happen
COURT REPORT: Judge Validates Buyer Claims; Ex-eXp Agent Responds to Assault Claims
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. In the wake of a revealing and foreboding intervention by the Department of Justice (DOJ) in a commission lawsuit settlement, the broader real estate industry is currently processing the increasingly stark prospect of…
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