Last year, 10 percent of REALTORS® complained about receiving low-ball offers on listed homes — offers usually submitted by the buyer for 25 percent or more below the list price, according to a National Association of REALTORS® survey of its members. But that number has dropped drastically.
As the number of for-sale homes listed on the multiple listing service (MLS) drops, the number of single-family homes up for rent has been gradually increasing, RISMedia reports.
Where is it cheapest to buy a home? Look in the Midwest for the bargains, according to a recent 24/7 Wall St. article, which used Realtor.com data to track the most affordable housing markets based on the lowest price per square footage.
It wasn’t exactly the welcoming response from the neighborhood a couple expected when they tried to enter a home they just purchased which had been in foreclosure. Their two new neighbors held them hostage at gunpoint.
Money used for a federal program aimed at helping 18 hard-hit housing market states can now reallocate its funds to help home owners complete short sales or other foreclosure alternatives, Freddie Mac announced Monday to mortgage servicers.
To answer questions about how to ensure marketing videos are successful and whether adding such videos to Web sites can improve search engine rankings, CIO.com interviewed several video experts.
Seller incentives are growing. According to Smart Money Magazine’s blog, “Experts say extra incentives for buyers are also behind some of the uptick in home sales.” In addition, some real estate property sites allow you to include seller-funded incentives next to listings.