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US pending home sales unexpectedly rise in August, trend remains weak - Virginia Business
6 Key Numbers Buyers Must Examine Before Committing
There’s a reason most everyone in real estate has their eyes peeled on how the mortgage rate moves every week. Even a slight rise can short-circuit some buyers. The average rate on a 30-year fixed mortgage reached 6.71% in early September, its highest level in 13 months, according to Freddie Mac. A separate daily measure…
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Zillow Announces Preview Listings Are Now Live on Realtor.com
Zillow® and Realtor.com® have announced that Preview℠ listings are now live on both sites. No special login or brokerage relationship required, the same early access is available for every buyer on both platforms starting today. The collaboration was originally announced in May, set to bring pre-market homes to buyers across the two of the most-visited…
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ChatGPT (and Buyers) Love Her Videos. How a Top Team Leader Is ‘Future Pacing’ for the AI Era
Editor’s note: This is the second of a three-part series on how agents earn recommendations and referrals from AI. Read part one here. When a prospective buyer asks someone they trust who is the best real estate agent to help them transact, you want your name to be the first one mentioned. What happens when…
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Pendings Flat to Cap Off Summer as Industry Stares Down Fall Freeze
The early-fall housing market shows signs of muted behavior, as pending home sales increased slightly from last month, but are overall down on an annual basis, according to the National Association of Realtors® (NAR). NAR’s Pending Home Sales report for August shows that sales grew by 0.3% month-over-month, but they also decreased by 4.7% compared…
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Housing Starts? More Like Stops as New Construction Declines in August
U.S. housing starts dipped in August, though single-family construction was up, while building permits and completions both declined, according to the U.S. Census Bureau and Department of Housing and Urban Development in its latest report on residential construction. Privately owned housing units authorized by building permits in August were at a seasonally adjusted annual rate…
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Op-Ed: StreetEasy’s Defiance of the RLS Opt-Out Punishes the Hardworking Agents Behind the Deal and the Sellers They Represent
REBNY (Real Estate Board of New York) built the RLS (Residential Listing Service) opt-out for a reason. Some sellers have a legitimate need for privacy: a high-profile divorce, an estate sale, a public figure who cannot have their address splashed across a consumer portal. The “participants only” status lets those sellers still benefit from cooperation…
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