Residential Real Estate

What Homebuyers and Sellers Don’t Know About Commissions

In the wake of Burnett vs. NAR, the topic of agent commission is all over the news. Many buyers and sellers, who aren’t in-the-know on all the ins and outs of real estate, are just now finding out how agent commission works. A new report from Clever took a look at home buyer and seller… […]

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Existing-Home Sales Receded 4.1% in October

Existing-Home Sales Receded 4.1% in October Prospective homebuyers experienced another difficult month due to lack of housing inventory and the highest mortgage rates in a generation. Media Contact:  Troy Green 202-383-1042

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NAR Advocacy Policy Priorities Outlined During 2023 Realtors® Annual Conference

NAR’s priorities include improving access to homeownership, expanding economic opportunities, and promoting NAR research to inform policymaking. www.nar.realtor – Fair Housing

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Should a Buyer Consider a House on a Corner Lot? A Look at the Upside and Downside

Choosing a new home is an exciting and significant decision in one’s life. One of the many choices you’ll encounter when searching for the perfect home is whether to buy a house on a corner lot. Corner lots are unique in many ways, offering various advantages and disadvantages. Examining the pros and cons of corner… […]

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Mortgage Rates Continue to Slide Down

Seeing their fourth week of declines, the 30-year fixed-rate mortgage (FRM) averaged 7.29% this week, down from last week’s dip to 7.44%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Wednesday, Nov. 22. This week’s results include an adjustment for the observance of Thanksgiving. This week’s numbers:  The 30-year FRM… […]

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The Dos and Don’ts When Shooting Real Estate With a Phone

In today’s age of digital transformation, the real estate industry has experienced profound growth. In the palm of your hand, you have the single most versatile, streamlined, and innovative companion for a real estate professional—the smartphone. Equipped with the ability to help you market effectively, generate leads, engage with clients, and capture stunning property photos,… […]

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NAR Chief Economist Says Commercial Real Estate Will Revitalize, Calls on Federal Reserve to Consider Cutting Interest Rates

There’s tremendous difficulty in the commercial real estate market, with higher interest rates hindering borrowing and making refinancing costly. www.nar.realtor – Research

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Instant Reaction: Mortgage Rates, November 16, 2023

The three-week drop in mortgage rates is a steady sign that they have likely hit a peak and are headed down. www.nar.realtor – Research

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The Competitive Edge: Three Key Insights on How a Real Estate Coach Can Transform Your Career

Industry experts are projecting that mortgage rates will finally settle down to the 5.5-6% range next year. With that, it is anticipated that there will be a great rush of buyers and sellers who will finally be ready to enter the market. That is welcome news for real estate agents who have seen their businesses… […]

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Leveraging Opportunity to Create Your Own Business

Julie Lurie Warren Broker Associate/COO CENTURY 21 Mack Morris Iris Lurie Marlboro, New Jersey https://www.century21.com/real-estate-agent/profile/julie-lurie-warren-P10007032  Region served: Monmouth, Middlesex and Ocean Counties Years in real estate: 30 Number of offices: 1  Number of agents: 80 Motto/work philosophy that you live by: Work hard, be a good person and help others. Describe the current consumer-confidence climate… […]

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