Real Estate

When buying or selling a home, you must remember various financial considerations. One such aspect is seller credits, which can play a significant role in real estate transactions. Seller credits, or concessions, are essential for buyers and sellers to understand. They are financial incentives homesellers offer buyers as part of the closing process. We will…

The post What Are Seller Concessions in Real Estate? appeared first on RISMedia.

Home buyers have lost about $107,000 in buying power since the beginning of the year—and that’s what’s truly scary.

Meet the five REALTORS® who were named this year’s winners, and learn how they went above and beyond for their communities in a dark time.

Hackers can infiltrate online meeting platforms, posing as a legitimate party to a real estate transaction, and give your clients fraudulent wire instructions. Learn how to spot them.

The company, which enables home sellers to update their property with no upfront costs, was crowned at NAR’s annual technology conference.

Buyers would be smart to shop around: The large dispersion in rate offerings among lenders could amount to several hundreds of dollars, Freddie Mac says.

“If you’re regularly paying your rent on time, that’s a good indication you will also pay your mortgage on time,” says the Federal Housing commissioner.

Pending home sales are posting annual losses in the double-digits as home buyers continue to back away from the market due to surging mortgage rates.

The monthly mortgage payment on a $400,000 loan is about $2,470 compared to $1,660 a year ago, according to NAR.

Leslie Rouda Smith, the association’s president, joins administration officials and other housing leaders to discuss a comprehensive plan to address shortages.

Still, homeowners are faring well, with property prices surging despite a pullback in buyer demand, says NAR’s chief economist.

Despite an unexpected jump in new construction in September, demand for new homes is falling due to high prices and mortgage rates. Builders are lowering their asks to boost buyer traffic.

NAR Spire pairs real estate pros in underserved areas with experienced practitioners to help them find new business opportunities.

Monthly mortgage payments are 60% higher than a year ago, according to NAR. Buyers can save by shopping around for different types of loans.

Real estate professionals are deepening their involvement in giving back to the communities, according to a new NAR report.

At NAR’s iOi Summit this month, the annual Pitch Battle will aim to identify the next great innovation to help your business flourish.

Borrowers stand to save thousands by gathering multiple quotes from lenders.

Property managers and other real estate professionals must follow these steps to stay in compliance with federal and state consumer data regulations.

If borrowing costs get just a little higher, the average household may be blocked from homeownership, warns an NAR economist.

How this year’s finalists for NAR’s Good Neighbor Awards have accomplished extraordinary feats to improve their communities through volunteerism.