The seller pays for both real estate agents – the agent representing the seller and the agent representing the buyer. The realtor is free for the buyer.
FHA added an “economic event” category that could help some borrowers qualify sooner to buy again. If they had a previous short sale, BK, or foreclosure due to an economic event that caused the loss of job or loss of income, they could potentially purchase after just 1 year instead of waiting the full seasoning […]
Evergreen Lake ice skating season ends this weekend! The last day is Sunday, March 2
Millionaires across the U.S. say commercial and residential real estate are the best alternative-asset investment option for 2014 according to a new Morgan Stanley study.
Rates dropped 0.09 percentage point this week to 4.23% for a 30-year, fixed -rate home loan, according to the latest weekly report from Freddie Mac.
While profits are strong in flipping right now, the market may be peaking.
After the recession, the market for large, expensive homes slowed sharply. In July 2008, according to the National Association of Realtors, the number of homes that sold for $750,000 to $1 million dropped by 35.5 percent, compared with the previous July. Those that sold for more than $1 million fell 31.4 percent. Yet despite the […]
Mortgage rates continued an upward climb last week, with the 30-year fixed-rate mortgage starting the year more than a full percentage point higher than last year at this time. 30-year fixed averaged 4.53 %
Could Canada be heading for a housing bubble? A new study ranks our neighbors to the north as having the most overvalued real estate in the world.
Buyers shopping for a home in winter may find sellers more amenable to striking a good deal. Particularly during the holidays, sellers can be highly motivated to sell before the end of the year. Buyers may be able to take advantage of that sellers’ urgency. A seller who’s looking to move a piece of real […]